Yatra Online, Inc. (NASDAQ:YTRA) ("Yatra" or the "Company"), India’s leading corporate travel services provider and one of India’s leading online travel companies, today confirmed that Magna Holdings Ltd. ("Magna") has commenced an unsolicited tender offer to purchase up to 20,000,000 of the Company’s ordinary shares, par value $0.0001 per share, representing approximately 31% of the Company’s outstanding shares on an as-converted basis, at a price of $1.10 per share in cash, less any applicable withholding taxes and without interest. The offer is scheduled to expire at 12:00 midnight, New York City time, on September 17, 2026, unless extended, and is subject to proration.

Consistent with its fiduciary duties and in consultation with its independent advisors, Yatra’s Board of Directors (the "Board") will thoroughly evaluate Magna’s tender offer to determine the course of action that it believes is in the best interests of the Company and its shareholders.