Employee Share Participation Programme August 2019

The Executive Board of TUI AG has resolved to buy back up to 44,088 own shares. The shares bought back shall be transferred to employees of TUI Group participating in the employee share participation program "oneShare“.

The shares are supposed to be purchased on 13 August 2019 after the announcement of the FY19 Q3 Results for a maximum total purchase price of EUR 450,000.00 (without transaction costs). Further possible purchase dates would be 14 August 2019 and at the latest 16 August 2019 if the total amount of shares cannot be purchased during one trading day. The 44,088 shares to be purchased would result in an estimate total purchase volume of EUR 384,888.24 (without transaction costs) on the basis of share price of EUR 8.73 (Xetra closing price of 12 August 2019).

The shares purchased shall be transferred to the employees participating in “oneShare” immediately after the completion of the buyback. Consequently, the buyback will have no impact in the number of shares attracting a dividend. The share buyback thus serves to meet obligations arising from share option program, under Art. 5(2) lit. c) Regulation (EU) No 596/2014 of the European Parliament and the Council of 16 April 2014 („MAR“).