International Consolidated Airlines Group SaLSE: IAG

Notice of Extraordinary General Meeting

· Issued by International Consolidated Airlines Group Sa

Notice of Extraordinary General Meeting 2022

The Board of Directors of INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. (the "Company", together with its subsidiaries, the "Group") has resolved to call an extraordinary shareholders' meeting (the "Shareholders' Meeting") to be held in Madrid, at Auditorio Rafael del Pino, calle de Rafael Calvo, nº 39, 28010, with the possibility of attending remotely, on 25 October 2022 at 18:30 (CEST), on first call, and on the following day, 26 October 2022 at 18:30 (CEST) , at the same venue, on second call . In light of the fact that the quorum required by law and the corporate bylaws may not be met on first call, it is informed that the Shareholders' Meeting will be held on second call.

The Shareholders' Meeting is called in accordance with the following agenda:

1.-  Approval of the proposed purchase of 50 Boeing 737 family aircraft.

2.-  Approval of the proposed purchase of 37 Airbus A320neo family aircraft.

3.-  Delegation of powers to formalise and execute all resolutions adopted by the Shareholders' Meeting.

The call notice and the class 1 circular (the "Circular") relating to the Shareholders' Meeting are published on the date hereof on the Company's website ( www.iairgroup.com ) and the call notice will be published in a Spanish national paper on Saturday 24 September.

The following documents have been submitted to the National Storage Mechanism and will be available for inspection in due course:

· Circular

· Call Notice of Shareholders' Meeting

· Proposed Resolutions

https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Current Performance

The Circular contains a letter from the Chairman explaining the background and rationale for the Shareholders' Meeting, including a description of the Group's trading and prospects.

As stated therein, demand has been stronger than the Group's expectations over the summer months, with no indication so far of weakness in forward bookings for the rest of the year.

This notification is made in accordance with Listing Rule 9.6.1.

Alvaro Lopez-Jorrin

Secretary of the Board of Directors

22 September 2022