This is fairly simple question about how to make sense of "angle" in the hyperbolic plane.
The hyperbolic plane can be tesselated with pentagons, four to each vertex. In this tesselation, each pentagon has interior angles of exactly 90 degrees.
Suppose you start at one of the vertices of one of these pentagons. Then you can walk around the pentagon, to get back where you started. To do so, you first walk along an edge (which is a hyperbolic geodesic), you then turn 90 degrees to the right, walk along another edge, turn 90 degrees to the right again, and repeat five times.
After doing this, you have gotten back to where you started, and at the same orientation. However, you have rotated 90 degrees five times! So you have rotated by a total of 450 degrees and preserved orientation.
How does this work, exactly? Surely we would still say that 360 degrees is a full rotation in the hyperbolic plane.

Certainly, if you stand in one spot and spin around, a "full rotation" of $360^\circ$ restores your orientation; this is true. However, once you move from that spot, things get interesting.
Here's perhaps a simpler thought experiment:
The reason this travel experience doesn't match what happens when you walk around on the plane is because ... well ... a sphere isn't a plane. A plane is flat, but a sphere is not. Not-unreasonably, the "curvature" of the very surface upon which you travel affects how much turning you need to do to restore your orientation.
Like the sphere, the hyperbolic plane is curved. A discourse on curvature is beyond the scope of this answer. (See, for instance, Wikipedia's "Gaussian curvature" entry.) However, I'll note that we assign the sphere positive curvature, and we assign the hyperbolic plane negative curvature. (Indeed, the hyperbolic plane is often called a pseudosphere.) In the very loosest possible manner of speaking, this is "why" our travel path turns less than $360^\circ$ on a sphere, and more than $360^\circ$ on the hyperbolic plane, while a travel path on a flat ("zero-curvature") plane turns exactly $360^\circ$.