TUI AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

DGAP Voting Rights Announcement: TUI AG TUI AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution 26.03.2020 / 17:47 Dissemination of a Voting Rights Announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Notification of Major Holdings 1. Details of issuer Name: TUI AG Street: Karl-Wiechert-Allee 4 Postal code: 30625 City: Hannover Germany Legal Entity Identifier (LEI): 529900SL2WSPV293B552 2. Reason for notification   Acquisition/disposal of shares with voting rights   Acquisition/disposal of instruments   Change of breakdown of voting rights X Other reason: acting in concert 3. Details of person subject to the notification obligation Legal entity: Aberdeen Standard Capital Limited City of registered office, country: Edinburgh, United Kingdom Legal entity: Ignis Investment Services Limited City of registered office, country: Edinburgh, United Kingdom Legal entity: Aberdeen Asset Managers Limited City of registered office, country: Aberdeen, United Kingdom Legal entity: Aberdeen Asset Investments Limited City of registered office, country: London, United Kingdom Legal entity: Standard Life Investments Limited City of registered office, country: Edinburgh, United Kingdom 4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 5. Date on which threshold was crossed or reached: 30 Jul 2019 6. Total positions   % of voting rights attached to shares (total of 7.a.) % of voting rights through instruments (total of 7.b.1 + 7.b.2) Total of both in % (7.a. + 7.b.) Total number of voting rights pursuant to Sec. 41 WpHG New 3.02 % 0.00 % 3.02 % 587901304 Previous notification n/a % n/a % n/a % / 7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG) ISIN Absolute In %   Direct (Sec. 33 WpHG) Indirect (Sec. 34 WpHG) Direct (Sec. 33 WpHG) Indirect (Sec. 34 WpHG) DE000TUAG000 0 17742186 0.00 % 3.02 % Total 17742186 3.02 % b.1. Instruments according to Sec. 38 (1) no. 1 WpHG Type of instrument Expiration or maturity date Exercise or conversion period Voting rights absolute Voting rights in % 0 0.00 %     Total 0 0.00 % b.2. Instruments according to Sec. 38 (1) no. 2 WpHG Type of instrument Expiration or maturity date Exercise or conversion period Cash or physical settlement Voting rights absolute Voting rights in % 0 0.00 %       Total 0 0.00 % 8. Information in relation to the person subject to the notification obligation X Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).   Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: Name % of voting rights (if at least 3% or more) % of voting rights through instruments (if at least 5% or more) Total of both (if at least 5% or more)   9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting: Proportion of voting rights Proportion of instruments Total of both % % % 10. Other explanatory remarks: This notification highlights the aggregate number of voting rights held by the independent investment management entities within the Standard Life Aberdeen plc group  Date 24 March 2020 26.03.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	TUI AG
	Karl-Wiechert-Allee 4
	30625 Hannover
	Germany
Internet:	www.tuigroup.com

End of News	DGAP News Service

1006641  26.03.2020