International Cons Airlines Group

25 May 2023

Transaction in Own Shares

International Consolidated Airlines Group, S.A. (the 'Company') announces that on 25 May 2023 it purchased 2,965,000 ordinary shares of EUR0.10 each in the capital of the Company. All the shares purchased will be held as treasury shares.

Number of shares purchased

Trading venue

Lowest price paid

Highest price paid

1,509,468

LON

GBP1.5590

GBP1.5940

1,455,532

MAD

EUR1.795

EUR1.835

The purchases were made pursuant to the share repurchase programme announced on 9 May 2023.

Following the purchase, the Company holds 41,464,070 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 4,930,011,940 shares.

The Company's issued share capital is 4,971,476,010 shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company to the Spanish National Securities Market Commission (CNMV).

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), or, as the case may be, under any equivalent law or regulation applicable in the United Kingdom, a full breakdown of the individual trades made by Deutsche Bank Aktiengesellschaft (or any of its delegates) on behalf of the Company as part of the share repurchase programme is attached to this announcement.

IAG Shareholder Services

25 May 2023

LEI: 959800TZHQRUSH1ESL13

Schedule of Purchases

Shares purchased:

2,965,000

Date of purchases:

25-May-2023

Investment firm:

Deutsche Bank Aktiengesellschaft

Aggregate information:

Venue Volume-weighted average price Aggregate volume

LON GBP1.58626599 1,509,468

MAD EUR1.825055 1,455,532

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