LATAM Airlines S A : Information of interest - Preliminary interest in a potential secondary sale by some of LATAM's shareholders
May 17, 2024 at 05:17 pm EDT
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Santiago, May 17, 2024 - LATAM Airlines ("LATAM" or the "Company") hereby informs that in the context of the process currently ongoing to re-open and re-list the Company's ADRs (the "ADR Relisting") on the New York Stock Exchange ("NYSE"), it has explored with certain shareholders whether they would be interested in principle in considering a potential secondary sale of some of their equity participation in the Company, including via an underwritten offering. While such shareholders have not adopted any decision regarding a potential sale of any of their equity participation in the Company, they have confirmed their preliminary interest and, at this stage, they believe that such decision will be likely driven by the implementation process of the ADR Relisting and the market conditions.
Therefore, while as of this date there is no certainty that a secondary sale would occur in conjunction with the ADR Relisting, LATAM believes that such a secondary sale could be beneficial to shareholders of the Company generally as it could provide greater liquidity in the shares and ADRs of the Company.
This announcement is being made pursuant to and in accordance with Rule 135e under the Securities Act of 1933, as amended (the "Securities Act"). This announcement does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, and securities may not be offered or sold in the United States absent registration or an exemption from registration. Any offers, solicitations or offers to buy, or any sales of securities, including a potential secondary sale, will be made in accordance with the registration and prospectus requirements of the Securities Act.
Sincerely,
Ramiro Alfonsín B.
Chief Financial Officer
LATAM Airlines Group S.A.
ABOUT LATAM GROUP
LATAM Airlines Group S.A. and its subsidiaries are the leading airline group in Latin America, with presence in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, in addition to international operations within Latin America and to Europe, Oceania, Africa, the United States and the Caribbean.
The group has a fleet of Boeing 767, 777, 787, Airbus A321, A321neo A320, A320neo and A319 aircraft. LATAM Cargo Chile, LATAM Cargo Colombia and LATAM Cargo Brazil are the LATAM group's cargo subsidiaries. In addition to having access to the bellies of the passenger affiliates' aircraft, they have a fleet of 20 freighters. These cargo subsidiaries have access to the group's passenger aircraft, and operate within the LATAM group network, as well as on exclusive international routes for cargo transportation. In addition, they offer a modern infrastructure and a wide variety of services and support options to meet the needs of its customers.
More financial information at www.latamairlinesgroup.net
www.latam.com
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LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries. It operates through two segments: the Air transportation business and the Coalition and loyalty program Multiplus. It Air transportation segment corresponds to the route network for air transport. Its segment of Coalition and loyalty program called Multiplus is a frequent flyer programs, which operate as a unilateral system of loyalty that offers a flexible coalition system. The Company operates a fleet of over 329 aircrafts. Its passenger aircrafts include Airbus A319-100, Airbus A350-900, Boeing 767-300ER, Boeing 787-8, Boeing 787-9 and Boeing 777-300ER.
LATAM AIRLINES GROUP S.A. 
