Aegean Airlines : Announcement to the Investment Public of the Final Yield, Interest Rate and Offer Price of the Bonds

ANNOUNCEMENT TO THE INVESTMENT PUBLIC ON THE FINAL YIELD, INTEREST RATE AND

OFFER PRICE OF THE BONDS OF AEGEAN AIRLINES S.A.

Piraeus Bank and Eurobank Ergasias S.A., in their capacity as Joint Coordinators and Bookrunners of the Public Offer for the issue of a Common Bond Loan and the admission of the bonds of AEGEAN AIRLINES S.A. (hereinafter as the "Company") for trading in the category of Fixed Income Securities of the Regulated Market of the Athens Exchange, following the completion of the Public Offer on March 7th, 2019, announce, in accordance with article 8, paragraph 1 of Law 3401/2005, as in force, and article 3 paragraph 5 of Hellenic Capital Markets Commission Board of Directors Decision 19/776/13.02.2017, that 200,000 common bearer bonds of the Company with a nominal value of EUR 1,000 each (the «Bonds») have been allocated and as a result the amount of EUR 200m of capital has been raised .

The total demand from investors that participated in the Public Offer reached EUR 527.7m.

The final yield has been set at 3.60%, the interest rate at 3.60% and the offer price of the Bonds at EUR 1,000 each, i.e. issued at par.

The Bonds allocation was as follows: a) 120,000 bonds (i.e. 60% of the issue) have been allocated to private investors and b) 80,000 bonds (i.e. 40% of the issue) have been allocated to Eligible Investors.

Athens, March 7 2019