NOVATURAS AB - AB “Novaturas” doubles the number of weekly planned flights to Egypt

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 13 / 2021

Date of issue: 2021-03-01

Short name of the issuer

NOVATURAS AB

Subject

AB “Novaturas” doubles the number of weekly planned flights to Egypt

Official market - legal basis

art. 17. 1 MAR.

Unofficial market - legal basis

Contents of the report:

The leading tour operator in the Baltic States “Novaturas” Group is increasing the Egyptian program. From March, 4 flights per week will be operated from Lithuania and Estonia to the main Egyptian resorts. "In February 2021, after almost one-year break, we have resumed flights to Egypt. On the 13th of February the first plane to Sharm el Sheikh took off from Estonia, and on the 20th of February - from Lithuania to Hurghada. We have started with two flights per week program from the Lithuanian and Estonian markets. After assessing the demand, in March we have added additional flight chains to the Egyptian resorts from Vilnius and Tallinn. After the period of forced operations suspension, the increase in planned activity volumes gives optimism about accelerating holiday season. More frequent flights will give travelers the opportunity to plan their holidays more flexibly and choose from wider range of holiday durations just as it was usual before the pandemic”, says Audronė Keinytė, head of “Novaturas” group. According to The Company, Egypt has always been the most popular winter holiday destination. During the 2019-2020 winter holiday season 39,4 thousand travelers from all the Baltics travelled to the Egyptian resorts and the Egyptian program accounted for 68% of the whole winter holiday season program. About “Novaturas” Group AB “Novaturas” Group is the largest tour operator in the Baltic States, offering summer and winter package holidays in more than 30 destinations worldwide and more than 100 sightseeing routes. In 2019, the group served more than 293 thousand customers. CFO Tomas Staškūnas [email protected], [phone]

Annexes

File Description

NOVATURAS AB

(fullname of the issuer)

NOVATURAS AB Usługi inne (uin)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

LT-44245 Kowno

(post code) (city)

A.Mickeviciaus 27

(street) (number)

[phone] [phone]

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2021-03-01 Tomas Staskunas CFO