Mexico City, October 13, 2021 - Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline in Mexico, the United States, Central America and South America, informs that today it successfully completed the offering of 15,000,000 (fifteen million) asset backed trust notes (certificados bursátiles fiduciarios) (the “Trust Notes “) in Mexico under the ticker VOLARCB 21L for an amount of $1,500,000,000. 00 (one billion five hundred million pesos) by CIBanco, S.A., Institución de Banca Múltiple, acting as Trustee of the Irrevocable Trust number CIB/3249 created by Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., in the second offering under the program authorized by the Mexican National Banking and Securities Commission for an amount of up to $3,000,000,000.00 (three billion pesos 00/100 national currency).

The Trust Notes will be backed by future collection rights under agreements entered into with credit card processors regarding flows derived from the sale of airline tickets through VISA and Mastercard credit cards, through their internet portal, travel agencies, call centers and sales offices.

The Trust Notes were rated "HR AA (E)" and "AA+/M(e)" by the rating agencies HR Ratings de México, S.A. de C.V. and Verum Calificadora de Valores, S.A.P.I. de C.V., respectively, and will have a maturity term of five years and will pay an interest rate of TIIE + two hundred (200) percentage points. The underwriters were Casa de Bolsa BBVA México, S.A. de C.V., Grupo Financiero BBVA México and HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC.

This communication does not constitute an offer to sell or an offer to purchase, nor shall there be or give rise to the possibility of any sale of the Trust Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration under the laws governing financial instruments in such jurisdiction.