1、Notice of 2022 Annual Meeting andProxy Statementand2021 Annual ReportNotice of 2022 Annual Meetingand Proxy StatementApril 28,2022Dear Fellow Stockholder:Much has changed since this time a year ago.The world of travel has made significant progress,brought on by the distribution of vaccines,boosters,
2、the removal of government restrictions and,importantly,the desire to travel.With the macro-level progress,we at Tripadvisor continued our path torecovery in 2021,navigating near-term volatility while establishing foundations for longer-termopportunities.Throughout the year,we remained committed to o
3、ur core strategy of providing uniqueguidance to our global traveler base and expanding the reach we provide to partners and suppliers.Ourresults reflected the balance of investment in our strategy,continued cost management,and progressiverevenue recovery.Consolidated revenue in 2021 was$902 million,
4、a significant improvement from theprior year,when the pandemic began.GAAP net loss in 2021 was$148 million and adjusted EBITDA was$100 million.Cash flow from operations was$108 million.Tripadvisor holds a distinct position in the travel ecosystem,reaching hundreds of millions of travelersper month w
5、ith a highly trusted and influential travel brand.We recently reached over a billion reviews andopinionsa remarkable milestone and a testament to our community of travelers and their contributions.This global community of travelers is the foundation of Tripadvisors value proposition,which extends to
6、our global partners and suppliers,and is what makes our offering so unique and difficult to replicate.As we begin 2022,we remain focused on our unique offering and the continued return of travel.InourHotels,MediaandPlatformsegment,weareimprovingthetravelerexperience,andhelpingourpartnersreach more c