International Cons Airlines Group: Transaction in Own Shares

International Consolidated Airlines Group, S.A. (the 'Company') announces that on 22 June 2023 it purchased 1,000,000 ordinary shares of EUR0.10 each in the capital of the Company. All the shares purchased will be held as treasury shares and used for the purposes of satisfying awards under the IAG share-based incentive plans.

Number of shares purchased	Trading venue	Lowest price paid	Highest price paid

1,000,000			LSE		GBP1.6160			GBP1.6515

The purchases were made pursuant to the share purchase programme announced on 16 June 2023.

Following the purchase, the Company holds 46,113,580 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 4,925,362,430 shares.

The Company's issued share capital is 4,971,476,010 shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company to the Spanish National Securities Market Commission (CNMV).

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), or, as the case may be, under any equivalent law or regulation applicable in the United Kingdom, a full breakdown of the individual trades made by Deutsche Bank Aktiengesellschaft (or any of its delegates) on behalf of the Company as part of the share purchase programme is attached to this announcement.

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