PEGASUS HAVA TAŞIMACILIĞI A.Ş.

Earnings Release • Jul 9, 2024

PEGASUS HAVA TAŞIMACILIĞI A.Ş.

JUNE 2024 TRAFFIC RESULTS

		MONTHLY			CUMULATIVE
		June	June	'24/'23	Jan-Jun	Jan-Jun	'24/'23
		2024	2023	% Chg.	2024	2023	% YoY Chg.
Total	Passenger (pax), mn	3.27	2.84	15%	17.43	14.13	23%
	Cycle	18,231	17,343	5%	96,854	85,599	13%
	Seat, mn	3.78	3.49	8%	19.95	17.09	17%
	Load Factor (LF)	86.7%	81.3%	5.4pp	87.3%	82.7%	4.7pp
	ASK (mn km)	6,029	5,485	10%	31,088	26,157	19%
	pax/cycle	180	164	10%	180	165	9%
Domestic	Pax, mn	1.20	0.99	21%	6.70	5.35	25%
	Cycle	6,288	5,896	7%	36,206	32,178	13%
	Seat, mn	1.31	1.18	11%	7.39	6.31	17%
	LF	91.8%	84.0%	7.8pp	90.8%	84.8%	6.0pp
	ASK (mn km)	963	834	15%	5,532	4,649	19%
	pax/cycle	191	168	14%	185	166	11%
International*	Pax, mn	2.07	1.84	12%	10.72	8.78	22%
	Cycle	11,943	11,447	4%	60,648	53,421	14%
	Seat, mn	2.47	2.31	7%	12.56	10.78	17%
	LF	84.0%	79.9%	4.1pp	85.3%	81.4%	3.9pp
	ASK (mn km)	5,067	4,650	9%	25,556	21,508	19%
	pax/cycle	173	161	8%	177	164	8%

* including charter

Carbon Emissions Statistics
MONTHLY	Jan.'24	Feb.'24	Mar.'24	Apr.'24	May.'24	Jun.'24
CO2 grams per RPK	60.2	57.2	57.2	57.2	57.9	60.4
CUMULATIVE	2019	2020	2021	2022	2023	6M24
CO2 grams per RPK	65.1	71.3	71.0	62.1	61.3	58.4

Jet fuel emission multiple used for Carbon Emission Stats (grCO2/RPK) is updated as 3.16 for the base year and all reporting periods. Emission factor is updated as 3.16 as of January 2024. All past emissions data for past periods have been restated using the updated emissions factor.

Available-Seat-Kilometer (ASK) = Seats flown x ASL (Average Stage Length) Load Factor (LF): Booked pax / Total seats RPK: Revenue Passenger Kilometer

This document is prepared by Pegasus Hava Taşımacılığı Anonim Şirketi ("Pegasus") in accordance with the Pegasus Information Policy. The information covered in this document may be based on Pegasus corporate records, its own internal research and estimates based on the knowledge and experience of the markets in which it operates or industry, market and similar data procured from third parties as indicated in the document. While Pegasus believes that third party data has been obtained from reputable sources it does not independently verify such data or commit to any undertakings regarding the completeness or accurateness of such data or such data not being misleading.

The data contained in this document aims to inform investors of the operational results, targets and expectations of Pegasus in a correct and transparent manner and on equal terms and does not intend any investment advice or any offer or solicitation in connection with securities issued by Pegasus. Investors must make their investment decisions based on all other information, events and circumstances available through different channels and that may affect their investment decisions.

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