São Paulo, April 20, 2023 - GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4) (“GOL” or “Company” or “GLAI”), Brazil’s largest domestic airline, announces that its subsidiary GOL Finance, a public limited liability company (société anonyme) organized under the laws of Luxembourg, has completed a US$26 million reopening of its 5.00% senior secured amortizing notes due 2026 (Series A) and 3.00% subordinated secured amortizing notes due 2025 (Series B), in each case, guaranteed by GLAI and GOL Linhas Aéreas S.A. (the “Additional Notes”), increasing the outstanding total principal amount of GOL Finance’s 5.00% senior secured amortizing notes due 2026 (Series A) and 3.00% subordinated secured amortizing notes due 2025 (Series B) to US$222 million.

The Additional Notes were issued in exchange for full satisfaction, at 100% of face value, of certain aircraft leasing payment obligations that are under deferral agreements, among other obligations that the participating aircraft lessors chose to exchange for New Notes.