Capital Reorganisation

REDUCTION OF SHARE CAPITAL

Further to the other relevant information (OIR) communication of 11 September 2025 (n. 36662) in relation to the cancellation of 244,274,863 treasury shares of International Consolidated Airlines Group, S.A. (the "Company") by means of a share capital reduction, the Company announces that the public deed recording the capital reduction through the cancellation of the above mentioned shares and the by-laws amendment has been registered with the Madrid Commercial Register on 20 October 2025.  

The shares cancelled are expected to be excluded from the corresponding Stock Exchanges in the forthcoming days.

As a consequence of the above referred capital reduction, the share capital of the Company amounts to 472,720,114.70 euros divided into 4,727,201,147 ordinary shares of the same class and series and with a nominal value of 0.10 euros each, fully subscribed and paid.

On the date hereof, the Company holds 135,956,171 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 4,591,244,976 shares.    

The Company's total issued share capital is 4,727,201,147 shares. This figure should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company to the Spanish National Securities Market Commission (CNMV).

*        *        *

Nicholas Cadbury

Chief Finance and Sustainability Officer

28 October 2025