DGAP-Adhoc: TUI AG: Statement in response to current press reports with respect to a potential equity raise of TUI AG

Inside Information according to article 17 MAR

Statement in response to current press reports with respect to a potential equity raise of TUI AG

Hanover, 01.10.2020. Against the background of current press reports, TUI AG states, in view of the still very volatile market environment resulting from the COVID 19 crisis, it continues evaluating various measures to achieve an optimal balance sheet structure and maturity profile. Among the measures currently being considered, is also a short to mid-term capital increase, with a volume - if implemented - which would be significantly lower than the EUR 1-1.5 billion mentioned in the press. A decision on whether such a measure will be implemented has not yet been made. The timing and volume of such a measure have also not yet been determined.

ANALYST & INVESTOR ENQUIRIES

Mathias Kiep, Group Director Investor Relations
and Corporate Finance Tel: +44 (0)1293 645 925/
+49 (0)511 566 1425     Nicola Gehrt, Director, Head of Group Investor Relations Tel: +49 (0)511 566 1435
Contacts for Analysts and Investors in UK, Ireland and Americas Hazel Chung, Senior Investor Relations Manager Tel: +44 (0)1293 645 823 Corvin Martens, Senior Investor Relations Manager Tel: +49 (0)170 566 2321
Contacts for Analysts and Investors in Continental Europe, Middle East and Asia Ina Klose, Senior Investor Relations Manager Tel: +49 (0)511 566 1318 Media   Kuzey Alexander Esener, Head of Media Relations Tel: + 49 (0)511 566 6024  

FORWARD-LOOKING STATEMENTS
This announcement contains a number of statements related to the future development of TUI. These statements are based both on assumptions and estimates. Although we are convinced that these future-related statements are realistic, we cannot guarantee them, for our assumptions involve risks and uncertainties which may give rise to situations in which the actual results differ substantially from the expected ones. The potential reasons for such differences include market fluctuations, the development of world market fluctuations, the development of world market commodity prices, the development of exchange rates or fundamental changes in the economic environment. TUI does not intend or assume any obligation to update any forward-looking statement to reflect events or circumstances after the date of this announcement.

1138460  01-Oct-2020 CET/CEST