Performance

Statutory revenue Adjusted profit/

(loss) before tax†

Statutory profit before tax

£2,625m £413m £375m

2021/22 £1,703m 2021/22 £(16)m 2021/22 £58m

Adjusted operating cash flow† Total cash capex UK† Total cash capex Germany†

£719m £447m £99m

2021/22 £404m 2021/22 £171m 2021/22 £90m

Lease adjusted net debt

toFFO†

Net cash† Adjusted basic earnings/

(loss) per share†

2.7x £171m 162.9p

2021/22 4.4x 2021/22 £141m 2021/22 (2.5)p

Statutory basic earnings

pershare

Dividend per share Total dividend

138.4p 74.2p £149m

2021/22 21.1p 2021/22 34.7p 2021/22 £70m

† See pages 206 to 210 for definitions ofalternativeperformance measures.

This footnote is referenced throughout the report.

Throughout this report all percentage growth comparisons are made comparing the current year (2022/23

performance for to 2021/22 that was partially impacted by the pandemic and 2019/20, with 2019/20 being the

last financial period before the onset of the pandemic)

Whitbread is the owner of Premier Inn, the UK’s biggest

hotel brand, with over 83,500 rooms in over 840 hotels

and a growing presence in Germany with 9,000 rooms in

51 hotels, offering quality accommodation at affordable

prices in great locations.

People are at the heart of our business. We employ over

40,000 team members in over 1,600 Premier Inn hotels

and restaurants across the UK and Germany and serve

over five million customers every month.

We are investing to win.