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Completion of the share buyback programme
International Consolidated Airlines Group, S.A. has completed its €500 million second tranche share buyback programme, bringing the total buyback to €1,000 million as announced on 28 February 2025. In total, 263,600,174 ordinary shares were acquired, representing approximately 5.58 per cent of the Company's issued share capital. The first tranche involved the repurchase of 148,068,554 shares, with the capital reduction and cancellation already completed, while the second tranche saw 115,531,620 shares repurchased, representing approximately 2.44 per cent of issued share capital, with a capital reduction and cancellation to follow. Disclaimer*
About this update from International Consolidated Airlines Group Sa
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. Completion of the share buyback programme INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. (" IAG " or the " Company ") confirms that following the latest acquisition on 21 November 2025, the €500 million second tranche of its €1,000 million share buyback programme (the " Programme" ), which the Company announced on 28 February 2025, has now been completed in accordance with its terms. As communicated at the time, the purpose of the Programme is the reduction of IAG's share capital. Under the Programme, the Company has acquired a total of 263,600,174 ordinary shares in aggregate, representing approximately 5.58 per cent of the Company's issued share capital as of today. Under the first tranche of the Programme the Company acquired 148,068,554 ordinary shares, representing approximately 3.13 per cent of the Company's issued share capital as of today. As announced on the 11 September and subsequently on the 28 October 2025, the Company has already completed the share capital reduction and cancellation of those ordinary shares repurchased under the first tranche of the Programme. Under the second tranche of the Programme the Company acquired 115,531,620 ordinary shares, representing approximately 2.44 per cent of the Company's issued share capital as of today. The Company will proceed with the second tranche share capital reduction and cancellation in due course. Nicholas Cadbury Chief Financial and Sustainability Officer 24 November 2025
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