Debt Road Show Presentation

EUROPE'S LOWEST FARES LOW Ryanair MEDIUM HIGH Norwegian easyJet Aer Lingus (s/h) Air Berlin Alitalia Lufthansa IAG AF-KLM Source: Latest company annual reports. Avg. Fare €46 (-4%) €83 €84 €93 €121 €148 €235 €242 €300 LOW FARES. MADE SIMPLE. © This presentation is subject to copyright and may not be copied or used without the express prior consent of Ryanair % > Ryanair + 80% + 83% + 102% + 163% + 222% + 411% + 426% + 552% LO

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