AEGEAN AIRLINES S.A. (hereinafter “the Company”), in compliance with Law 3556/2007 and according to relevant notifications received following the completion of the share capital increase by an amount equal to €12.187.500 by payment of cash, through the issuance of 18.750.000 new common registered voting shares with a nominal value of €0,65 each, at an offering price of € 3,20 per new share (hereinafter “the New Shares”) in favor of Existing Shareholders, according to the Board of Directors decision on May 14th, 2021 (hereinafter “the Increase”), pursuant to provisions of article 24 par. 1(b) of Law 4548/2018, in conjunction with the March 12th, 2021 resolution of the Extraordinary General Meeting which granted the power to the Board of Directors of the Company, announces that on June 15th, the date of credit of the new shares:

Mr. Eftichios Vassilakis (a) controls directly 885.255 shares and voting rights which correspond to 0,98% of the Company’s share capital and voting rights and (b) controls indirectly, through the controlled companies Felix Holdings, Evertrans SA, Main Stream SA and Autohellas A.T.E.E., 39.923.050 shares and voting rights which correspond to 36,52% of the Company’s share capital and voting rights i.e. he controls in total 33.808.305 shares and voting rights which correspond to 37,50% of the Company’s share capital compared to 37,36% which he controlled prior the Increase.

Mr. Achilleas Constantakopoulos (a) controls directly 3.727.794 shares and voting rights which correspond to 4,13% of the Company’s share capital and (b) controls indirectly, through the controlled company Ateria Ventures Ltd, 1.272.811 shares and voting rights which correspond to 1,41% of the Company’s share capital and voting rights, i.e. he controls 5.000.605 shares and voting rights which correspond to 5,55% of the Company’s share capital and voting rights compared to 5,52% which he controlled prior the Increase.