Thomas Cook (India) Limited and its group company SOTC Travel have entered into a long-term Memorandum of Understanding (MoU) with Vinpearl, Vietnam's leading hospitality, tourism, and entertainment brand. The agreement was announced on May 7, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The MoU was signed by Mr. Abraham Alapatt, President & Group Head – Marketing, Service Quality, Value Added Services & Innovation at Thomas Cook (India) Limited and SOTC Travel, and Ms. Ngo Thi Huong, CEO, Vinpearl.

Strategic Partnership Overview

The collaboration brings together Thomas Cook India and SOTC Travel's market leadership and travel expertise with Vinpearl's expansive destination portfolio. As part of the agreement, the companies will position Vinpearl as a preferred Vietnam partner, backed by exclusive inventory and priority availability. Notably, this partnership marks Vinpearl's first investment initiative in India's travel and tourism sector, laying the foundation for a comprehensive tourism ecosystem targeting the Indian market.

Vinpearl's Destination Portfolio

Vinpearl is Vietnam's leading hospitality, tourism, and entertainment brand, currently operating 60 properties across 20 provinces and cities. Its ecosystem encompasses a wide range of offerings catering to diverse traveller segments.

Key highlights of Vinpearl's portfolio include:

• 35 hotels and resorts with over 17,300 rooms
• 15 VinWonders theme parks
• 6 golf courses
• 3 VinPalace convention centers
• Presence across key destinations: Nha Trang, Phu Quoc, Da Nang – Nam Hoi An, Ha Long, and Hai Phong

Leadership Perspectives

Mr. Abraham Alapatt stated, "Vietnam has emerged as one of the most exciting growth markets for Indian travellers, and our partnership with Vinpearl reflects our strategic intent to strengthen our leadership in the destination. As leaders in India's travel and tourism sector, we see significant opportunity in combining our omnichannel reach, strong consumer base and market expertise with Vinpearl's world-class hospitality and entertainment ecosystem. Together, we look forward to creating unique and seamless experiences for Indian leisure and MICE travellers, while building a long-term collaboration focused on unlocking the immense potential of the India market for Vietnam."

Ms. Ngo Thi Huong, CEO of Vinpearl, said, "India is a key market in Vinpearl's international expansion strategy. Through partnerships with leading players - Thomas Cook India and SOTC Travel, we are not only expanding market access but also proactively developing tailored offerings for different customer segments. Vinpearl aims to strengthen its presence in the Indian market while contributing to positioning Vietnam as a compelling and differentiated destination on the global tourism map."

About Thomas Cook (India) Limited

Founded in 1881, Thomas Cook (India) Limited is the leading omnichannel travel company in India, offering services including Foreign Exchange, Corporate Travel, MICE, Leisure Travel, and Value-Added Services. The Thomas Cook India Group spans 28 countries across 5 continents, making it one of the largest travel service provider networks headquartered in the Asia-Pacific region. CRISIL has reaffirmed the company's ratings at 'CRISIL AA/Stable' on long-term bank facilities and 'CRISIL A1+' on short-term bank facilities and short-term debt — the highest rating for a travel and tourism company in India. Fairbridge Capital (Mauritius) Limited, a subsidiary of Fairfax Financial Holdings Limited, is the promoter of Thomas Cook (India) Limited with a shareholding of 63.83% of its paid-up capital.

Source: None/Company/INE332A01027/22348475dbbd4956.pdf

Thomas Cook (India) Limited has announced a major expansion of its prepaid forex card portfolio, adding 16 new currencies to create a comprehensive offering of 28 currencies. This development positions the company as having one of India's widest currency portfolios on a prepaid forex card, reinforcing its leadership in travel and forex innovation.

Comprehensive Currency Portfolio Expansion

The expansion addresses the evolving needs of Indian travelers who are increasingly exploring diverse international destinations. The newly added currencies enable direct local currency transactions, eliminating the need for multiple conversions that often result in higher costs and inconvenience.

The 16 newly added currencies include:

• Chinese Yuan
• Swedish Krona
• Vietnamese Dong
• Malaysian Ringgit
• Indonesian Rupiah
• Danish Krone
• Hong Kong Dollar
• Qatari Riyal
• Norwegian Krone
• Omani Riyal
• Kuwaiti Dinar
• Bahraini Dinar
• Bangladeshi Taka
• South African Rand
• South Korean Won
• Philippine Peso

Existing Currency Suite

These additions complement the company's existing portfolio of 12 currencies, which includes US Dollar, British Pound, Euro, Japanese Yen, Singapore Dollar, Australian Dollar, Canadian Dollar, Swiss Franc, UAE Dirham, Thai Baht, Saudi Riyal, and New Zealand Dollar.

Enhanced Distribution and Digital Integration

The expanded currency suite is available across Thomas Cook India's extensive omnichannel network, including retail outlets and digital platforms. A key feature is the partnership with Blinkit, enabling customers to purchase and load forex on their prepaid cards within an hour. The company also offers Forex on WhatsApp, providing 24x7 assistance from live rates to end-to-end transactions.

Industry Leadership Perspective

Deepesh Varma, Chief Business Officer – Foreign Exchange at Thomas Cook (India) Limited, emphasized the strategic importance of this expansion: "We are witnessing strong and sustained growth in travel demand from Indian consumers to emerging and short-haul destinations across Asia, Southeast Asia, Africa and beyond. Our expansion to 28 currencies for our prepaid Forex Cards is a direct response to evolving travel patterns."

Ravi Datla, Senior Vice President, Customer Solutions, South Asia at Mastercard, highlighted the significance of accessible payment solutions as international travel diversifies into newer markets. Sridhar Keppurengan, Head of Cross-Border Payments, India and South Asia at Visa, noted that the expansion leverages Visa's international footprint to extend security and convenience to cardholders making cross-border transactions.

Strategic Market Response

The expansion reflects Thomas Cook India's response to changing travel patterns, particularly the growing preference for destinations aligned with strengthening bilateral relations, increased trade flows, and expanding air connectivity. The inclusion of currencies such as the Chinese Yuan demonstrates the company's commitment to staying ahead of evolving travel trends and supporting India's increasingly experimental approach to holiday destination selection.