IAG Exercises Right To Early Redeem All Outstanding Bonds Maturing In 2029

International Consolidated Airlines Group SA IAG:

• EXERCISE OF ITS RIGHT TO EARLY REDEEM ALL THE OUTSTANDING BONDS MATURING IN 2029

• OUTSTANDING AGGREGATE NOMINAL AMOUNT OF 2029 BONDS AS OF DATE OF NOTICE IS 119.3 MILLION EUROS, WHICH WILL BE FULLY CANCELLED UPON EXERCISE OF AFOREMENTIONED OPTION