International Consolidated Airlines Group. S.A.

Remuneration Information • Mar 16, 2023

National Storage Mechanism | Additional information

RNS Number : 2833T

International Cons Airlines Group

16 March 2023

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 the Market Abuse Regulation ('MAR'), relating to:

The award of shares granted under the IAG Executive Share Plan (Restricted Share Plan), vesting in 2026.This Plan is a core element of overall senior leader remuneration, focused on long term shareholder value creation.

This share plan is more fully described in the Company's 2022 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.

This announcement is made in accordance with MAR.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

·        Luis Gallego

·        Nicholas Cadbury

·        Fernando Candela

·        Sarah Clements

·        Adam Daniels

·        Sean Doyle

·        Lynne Embleton

·        Carolina Martinoli

·        Julio Rodriguez

·        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
Sarah Clements	General Counsel
Adam Daniels Sean Doyle Lynne Embleton	Chairman and CEO IAG Loyalty Chairman and CEO British Airways Chairman and CEO Aer Lingus
Carolina Martinoli	Chief People, Corporate Affairs and Sustainability Officer
Julio Rodriguez	Interim Strategy Director
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 2026, subject to the terms and conditions of the Plan.

c)

Price(s) and volume(s)

	Price	RSP
£	Volume
Luis Gallego	nil	835,751
Nicholas Cadbury	nil	652,293
Fernando Candela	nil	244,610
Sarah Clements	Nil	223,442
Adam Daniels	nil	251,666
Sean Doyle	nil	493,042
Lynne Embleton	nil	400,442
Carolina Martinoli	nil	251,666
Julio Rodriguez	nil	120,443
Javier Sanchez-Prieto	nil	481,203
Marco Sansavini	nil	393,064

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

13 March 2023

f)

Place of the transaction

Outside a trading venue

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 the Market Abuse Regulation ('MAR'), relating to:

The award of deferred shares (in the form of conditional awards) under the Company's Incentive Award Deferral Plan (following the outcome of the 2022 annual incentive).

This share plan is more fully described in the Company's 2022 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.

This announcement is made in accordance with MAR.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

·    Luis Gallego

·    Sean Doyle

2

Reason for the notification

a)

Position/status

Persons Discharging Managerial Responsibilities (PDMRs)

Name	Position
Luis Gallego	Executive Director (Chief Executive)
Sean Doyle	Chairman and CEO British Airways

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 conditional shares under the Incentive Award Deferral Plan (IADP)

c)

Price(s) and volume(s)

	Price £	IADP Volume
Luis Gallego	nil	447,431
Sean Doyle	nil	410,868

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

13 March 2023

f)

Place of the transaction

Outside a trading venue

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