International Consolidated Airlines Group. S.A.

Remuneration Information • Mar 24, 2022

National Storage Mechanism | Additional information

RNS Number : 9608F

International Cons Airlines Group

24 March 2022

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

International Consolidated Airlines Group S.A. (the "Company") hereby notifies the market of the following transactions of which it has been notified under article 19.1 of the EU Market Abuse Regulation ('MAR'), relating to:

·      The award of shares granted under the IAG Executive Share Plan (Restricted Share Plan), vesting in 2025.This Plan is a core element of overall senior leader remuneration, focusing senior leaders on long term shareholder value creation.

·      The award is granted in accordance with IAG's remuneration policy, as approved by shareholders in June 2021.

This share plan is more fully described in the Company's 2021 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.

This announcement is made in accordance with Article 19.3  of the Market Abuse Regulation (MAR).

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

·        Luis Gallego

·        Nicholas Cadbury

·        Fernando Candela

·        Adam Daniels

·        Sean Doyle

·        Lynne Embleton

·        John Gibbs

·        Chris Haynes

·        Carolina Martinoli

·        David Podolsky

·        Javier Sanchez-Prieto

·        Marco Sansavini

2

Reason for the notification

a)

Position/status

Persons Discharging Managerial Responsibilities (PDMRs)

Name	Position
Luis Gallego	Executive Director (Chief Executive)
Nicholas Cadbury	Chief Financial Officer
Fernando Candela	Chief Transformation Officer
Adam Daniels Sean Doyle Lynne Embleton	Chairman and CEO IAG Loyalty Chairman and CEO British Airways Chairman and CEO Aer Lingus
John Gibbs	Chief Information Officer
Chris Haynes	General Counsel
Carolina Martinoli	Chief People, Corporate Affairs and Sustainability Officer
David Podolsky	Chief Strategy Officer and CEO IAG Cargo
Javier Sanchez-Prieto	Chairman and CEO Iberia
Marco Sansavini	Chairman and CEO Vueling

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

International Consolidated Airlines Group S.A.

b)

LEI

959800TZHQRUSH1ESL13

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 0.10 euro each

ES0177542018

b)

Nature of the transaction

Award of shares granted under the IAG Restricted Share Plan, vesting in 2025, subject to the terms and conditions of the Plan.

c)

Price(s) and volume(s)

	Price	RSP
£	Volume
Luis Gallego	nil	581,907
Nicholas Cadbury	nil	681,257
Fernando Candela	nil	255,471
Adam Daniels	nil	255,471
Sean Doyle	nil	514,934
Lynne Embleton	nil	397,338
John Gibbs	nil	255,471
Chris Haynes	nil	271,438
Carolina Martinoli	nil	255,471
David Podolsky	nil	271,438
Javier Sanchez-Prieto	nil	477,473
Marco Sansavini	nil	389,992

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

21 March 2022

f)

Place of the transaction

Outside a trading venue

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