PEGASUS HAVA TAŞIMACILIĞI A.Ş.

Share Issue/Capital Change • May 3, 2025

Summary Info	Registration of Articles of Association Amendments Regarding Authorized Capital Ceiling Increase and Validity Extension
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Board Decision Date	28.01.2025
Related Authorized Capital Process	Increase Of Authorized Capital
Current Authorized Capital (TL)	500.000.000
New Authorized Capital (TL)	2.500.000.000
Due Date For The Authorized Capital (New)	31.12.2029
Number Of Articles Of Association Item To Be Amended	6
Capital Market Board Application Date	28.01.2025
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	03.02.2025
Date of Related General Assembly	28.03.2025
Was The Issue Of Authorized Capital Negotiated? Was It Accepted?	Accepted
Date Of Registry	28.04.2025

Additional Explanations

P Pursuant to its resolution dated January 28, 2025, our Board of Directors resolved on the filing of the necessary applications for increasing the Company's authorized capital ceiling of TL 500,000,000 valid for 2023-2027 to TL 2,500,000,000 to cover the period between 2025-2029 and the amendment of Article 6 of the Company's Articles of Association in this regard.

The proposed amendments to the Articles of Association is provided as a separate attachment. The proposed amendments have been approved by the Capital Markets Board and the Ministry of Commerce. The proposed amendments were also approved by our shareholders at the Annual General Assembly Meeting dated March 28, 2025. Amendments to the Articles of Association were registered with the Trade Registry on April 28, 2025.

This Material Disclosure Announcement is prepared in Turkish and in English. In case of any discrepancy between the two versions, Turkish disclosure will prevail.

Supplementary Documents

Appendix: 1	Ana Sözleşme Tadil Metni (Gerekçeli)-TR.pdf
Appendix: 2	Proposed Amendments to the AoA (w Rationale)-EN.pdf
Appendix: 3	PGSUS Ana Sözleşme Tadil Metni - Onaylı.pdf
Appendix: 4	GK TTSG AS (28.04.2025).pdf