Investor Presentaiton
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Key terms of the rights issue (1/2)
Equity Offering
€2,256m Capital Increase with Preferential Subscription Rights (PSR) for Existing Shareholders
Parity
Subscription price
3 new shares for 1 existing share
1,927,902,102 new shares (300% of capital, in accordance with the 20th resolution of 2021 AGM)
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€1.17 per new share
AIRFRANCE KLM
GROUP
Structure of the
Offering and
applicable
restrictions
Equivalent to 40.0% discount to TERP (based on reference share price of €4.296 on May 20)
Subscription of existing shareholders on a non-reducible basis ("irréductible") (additional orders on a reducible basis
("réductible"))
Distribution
o Public offer to retail and qualified investors in France
o Offer to institutional investors in France and outside of France (excluding the United States, Canada, Australia and Japan) in
accordance with, and in reliance on, Regulation S under the US Securities Act
o In the US, offer of new shares by the company to existing shareholders that are QIBS in accordance with Section 4(a)(2) of the
US Securities Act
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Joint Global Coordinators: Deutsche Bank, HSBC, Natixis, Credit Agricole CIB, Société Générale
Syndicate
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Joint Bookrunners: ABN Amro, Citibank, Rabobank, Santander
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Co-Lead Managers: CM-CIC, MUFG, SMBCView entire presentation