DGAP-Adhoc

Deutsche Lufthansa AG: ​​​​​​​Lufthansa Group announces medium-term targets and makes preparations for a capital increase

DGAP-Ad-hoc: Deutsche Lufthansa AG / Key word(s): Forecast Deutsche Lufthansa AG: ​​​​​​​Lufthansa Group announces medium-term targets and makes preparations for a capital increase 14-Jun-2021 / 22:23 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Lufthansa Group announces medium-term targets and makes preparations for a capital increase

The Lufthansa Group aims to achieve an Adjusted EBIT margin of at least 8% and an Adjusted ROCE (excluding cash)¹⁾ of at least 10% in 2024.

The Group has mandated banks to prepare a possible capital increase. The Economic Stabilization Fund (ESF) is considering, also taking into account market conditions, participating in a potential capital increase without the use of additional funds by way of a so-called Opération Blanche.

The Executive Board and Supervisory Board have not yet taken a decision on the size and timing of a potential capital increase. In addition, the ESF has not yet given its approval.

¹⁾ Adjusted EBIT and Adjusted ROCE (excluding cash and cash equivalents) are not key performance indicators under IFRS.

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