Guilherme Mendes

Michael Linenberg

Gabriel Rezende

Jens Spiess

Pablo Monsivais

Stephen Trent

Andre Ferreira

Ewald Stark Bittencourt

João Francisco Frizo

- Shareholders of **LATAM Airlines Group S.A.** have agreed to sell **15,503,784 ADRs** in a fifth secondary sale under a registration rights agreement.  **[1047716_0001047716-25-000032_latamairlines-pricingfifth.htm:0]** 
- The ADRs will be sold to investors at a price of **US$43.60 per ADR**, which is equivalent to **CLP$41,561.264 per ADR**.  **[1047716_0001047716-25-000032_latamairlines-pricingfifth.htm:0]** 
- Each ADR represents **2,000 shares** of the Company, with payment for the sale scheduled for **September 26, 2025**.  **[1047716_0001047716-25-000032_latamairlines-pricingfifth.htm:0]**

LATAM Airlines Group Announces Pricing of Fifth Secondary ADR Sale

- **LATAM Airlines Group S.A.** announced on **September 24, 2025**, that certain shareholders, affiliates of Strategic Value Partners, LLC, launched a public offering to sell **15,503,784 American Depositary Shares (ADSs)**.  **[1047716_0001047716-25-000027_latamairlines-latamannounc.htm:0]** 
- The company will **not receive any proceeds** from the sale of ADSs by the selling shareholders.  **[1047716_0001047716-25-000027_latamairlines-latamannounc.htm:0]** 
- The last reported per ADS price of LATAM ADS on **September 23, 2025**, was **$47.62**.  **[1047716_0001047716-25-000027_latamairlines-latamannounc.htm:0]** 
- J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are acting as underwriters for the offering.  **[1047716_0001047716-25-000027_latamairlines-latamannounc.htm:0]**

LATAM Airlines Group S.A. Shareholders Launch Equity Offering

LATAM AIRLINES GROUP (LTM)