Aegean Airlines

Regulatory Filings • Mar 20, 2025

ANNOUNCEMENT

Bond Buyback Decision

Athens, March 20 th , 2025

AEGEAN AIRLINES S.A. ("the Company") informs investors that, in compliance with Regulation (EU) No 596/2014 of the European Parliament and the Commission Delegated Regulation 2016/1052, its Board of Directors which convened on 17.03.2025, decided a new buyback of the 28.02.2019 Company's Common Bond Loan ("the Bonds") which is trading in the category of Fixed Income Securities in the Regulated Market of the Athens Exchange, provided that the purchase price is deemed to be in the Company's interest (below par) and the Company's operating liquidity is not negatively affected. The maximum amount for the bond buyback could reach up EUR 40.0 mil and the period within which the Company could potentially proceed with the buyback will commence on 24.03.2025 and conclude on 12.03.2026. The buy-back of the Bonds will be implemented in accordance with the provisions of article 62 of Law 4548/2018, with the purpose of the subsequent cancellation of the acquired Bonds and therefore an equivalent reduction in the Company's liabilities under the Common Bond Loan.

It is noted that under the previous buyback program, which expired on 28.09.2024, the Company repurchased and cancelled 625 own Bonds during 2024.

The Company will inform the market upon the implementation of the above decision.