PEGASUS HAVA TAŞIMACILIĞI A.Ş.

Share Issue/Capital Change • May 13, 2024

Summary Info	Bonus Share Capital Increase Issuance Certificate and Date of Issue
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	28.02.2024
Authorized Capital (TL)	500.000.000
Paid-in Capital (TL)	102.299.707
Target Capital (TL)	500.000.000

Bonus Issue

Share Group Info	Paid-in Capital (TL)	Amount of Bonus Issue From Internal Resources (TL)	Rate of Bonus Issue From Internal Resources (%)	Amount of Bonus Issue From Dividend (TL)	Rate of Bonus Issue From Dividend (%)	Share Group Issued	New Shares'' ISIN	Nevi
PGSUS, TREPEGS00016	102.299.707	397.700.293,000	388,75995				PGSUS, TREPEGS00016	Registered

	Paid-in Capital (TL)	Amount of Bonus Issue From Internal Resources (TL)	Rate of Bonus Issue From Internal Resources (%)	Amount of Bonus Issue From Dividend (TL)	Rate of Bonus Issue From Dividend (%)
TOTAL	102.299.707	397.700.293,000	388,75995

Bonus Issue Ex-Date	14.05.2024

Details of Internal Resources :

Premium on Issued Shares (TL)	397.700.293

Other Aspects To Be Notified

Number of Articles of Association Item To Be Amended	6
Capital Market Board Application Date Regarding Articles of Association	29.02.2024
Capital Market Board Application Result Regarding Articles of Association	APPROVAL
Capital Market Board Approval Date Regarding Articles of Association	02.05.2024
Capital Market Board Application Date	29.02.2024
Capital Market Board Application Result	Approval
Capital Market Board Approval Date	02.05.2024
Property of Increased Capital Shares	Dematerialized Share
Payment Date	16.05.2024
Record Date	15.05.2024

Additional Explanations

In connection with the increase of the Company's current issued capital of TRY 102,299,707 to TRY 500,000,000, by an increase of TRY 397,700,293, through the conversion of funds available as part of the "Share Premiums on Capital Stock", within the TRY 500,000,000 authorized capital ceiling; the Issuance Certificate regarding the shares to be issued with a nominal value of TRY 397,700,293 and the amendments to Section 6 of our Articles of Association entitled "Company Capital", approved by the Capital Markets Board are attached to this disclosure. Bonus share acquisition right will commence on May 14, 2024. This Material Event Disclosure is prepared in Turkish and in English. In case of any discrepancy between the two versions, Turkish disclosure will prevail.

Supplementary Documents

Appendix: 1	PGSUS Ana Sözleşme Tadil Metni.pdf
Appendix: 2	PGSUS AoA Amendment Text.pdf
Appendix: 3	SPK Onaylı İhraç Belgesi.pdf
Appendix: 4	SPK Onaylı Ana Sözleşme Tadil Tasarısı.pdf