February 29, 2024

NEEDHAM, Mass., Feb. 12, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) ("Tripadvisor") announced the formation of a Special Committee comprised of independent directors of the Board of Directors of Tripadvisor (the "Board").  The mandate of the Special Committee is to evaluate any proposals that may be brought forward for a potential transaction, and any alternatives thereto, with regard to Tripadvisor, including those that may arise in the future as a result of the recent Liberty TripAdvisor Holdings, Inc. ("LTRP") disclosure of its intent to evaluate potential alternatives involving LTRP and Tripadvisor.  The Special Committee has retained Centerview Partners LLC as its financial advisor in connection with its evaluation.

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