Aegean Airlines : Regulatory Information – Notification of acquisition of major holdings pursuant to Law 3556/2007

ANNOUNCEMENT

Regulatory Information - Notification of acquisition of major holdings pursuant to Law 3556/2007

Kifissia, 22 May 2018

Aegean Airlines S.A. ('The Company'), hereby announces in accordance with the provisions of Law 3556/2007 and article 19 of Regulation (EU) 596/2014 and following relevant notification received on May 22, 2018 by Mr. Eftichios Vassilakis, Vice Chairman and executive member of the Board of Directors of the Company, that Mr. Eftichios Vassilakis acquired on May 17, 2018, full ownership of the majority of shares of the EU company Evertrans S.A., with registered seat in Luxembourg, due to the merger of the rights of usufruct in the aforementioned shares held by his deceased father, Theodore Vassilakis, with the bare ownership of the same shares which Mr. Eftichios Vassilakis had acquired from his father in 2015 by virtue of a parental donation.

In view of the above, Mr. Eftichios Vassilakis controls (a) directly 885,255 of the voting rights which correspond to 1.24% of the Company's share capital and (b) indirectly, (through Evertrans S.A.) 16,955,504 voting rights which correspond to 23.74% of the Company's share capital and (through the chain of controlled companies Evertrans S.A., Main Stream S.A. and Autohellas) 8,328,508 voting rights which correspond to 11.66% of the Company's share capital, i.e. he directly and indirectly controls 26,169,267 voting rights which correspond to 36.64% of the Company's share capital.