PEGASUS HAVA TAŞIMACILIĞI A.Ş.

Report Publication Announcement • May 14, 2024

PEGASUS HAVA TAŞIMACILIĞI A.Ş. APRIL 2024 TRAFFIC RESULTS

			MONTHLY		CUMULATIVE
		April	April	'24/'23	Jan-Apr	Jan-Apr	'24/'23
		2024	2023	% Chg.	2024	2023	% YoY Chg.
Total	Passenger (pax), mn	2.92	2.39	22%	10.99	8.67	27%
	Cycle	16,077	14,890	8%	61,138	52,259	17%
	Seat, mn	3.31	2.97	11%	12.56	10.41	21%
	Load Factor (LF)	88.3%	80.5%	7.8pp	87.5%	83.3%	4.2pp
	ASK (mn km)	5,150	4,709	9%	19,326	15,663	23%
	pax/cycle	182	161	13%	180	166	8%
Domestic	Pax, mn	1.13	0.83	37%	4.31	3.40	27%
	Cycle	6,017	5,098	18%	23,591	20,622	14%
	Seat, mn	1.24	1.00	24%	4.76	4.01	19%
	LF	91.4%	82.9%	8.5pp	90.5%	84.8%	5.7pp
	ASK (mn km)	922	728	27%	3,598	3,017	19%
	pax/cycle	189	163	16%	183	165	11%
International*	Pax, mn	1.79	1.56	14%	6.67	5.27	27%
	Cycle	10,060	9,792	3%	37,547	31,637	19%
	Seat, mn	2.07	1.97	5%	7.80	6.40	22%
	LF	86.4%	79.3%	7.1pp	85.6%	82.3%	3.3pp
	ASK (mn km)	4,228	3,981	6%	15,729	12,646	24%
	pax/cycle	178	160	11%	178	166	7%

* including charter

Carbon Emissions Statistics
MONTHLY	Nov.'23	Dec.'23	Jan.'24	Feb.'24	Mar.'24	Apr.'24
CO2 grams per RPK	62.5	61.1	60.2	57.2	57.2	57.2
CUMULATIVE	2019	2020	2021	2022	2023	4M24
CO2 grams per RPK	65.1	71.3	71.0	62.1	61.3	57.9

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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