Kifissia, 31 March 2020

AEGEAN AIRLINES S.A. announces, that in compliance with Law 3556/2007 and the provisions of the Regulation (EU) No 596/2014 of the European Parliament and of the Council, M. G. CHRYSSAFIDIS S.A., a legal entity closely associated with Mr. Alexandros Makridis (Independent, non-executive member of the BoD), sold 4,522 shares of Aegean Airlines of total value Euro 18,673.71 on 30/03/2020.