12 May 2026

Transactions in Own Securities

Regular Announcement

Almaty, Kazakhstan - Air Astana JSC (the "Company") announces that, between 6 May 2026 and 11 May 2026 (the "reporting period"), it purchased the following number of ordinary shares of the Company ("Shares") and global depositary receipts representing Shares ("GDRs") through JSC "Halyk Finance" pursuant to the buyback programme announced on 16 March 2026 (the "Programme").

An aggregated daily breakdown of the trades made as part of the Programme is detailed below:

* For transactions with Shares, as per the National Bank of Kazakhstan official exchange rate effective on the date of respective transaction.

As of the date of this report, the total number of shares repurchased by the Company amounts to 1,574,722 shares and 300,748 GDRs, representing 0.78% of the total number of issued shares.

A full breakdown of the individual trades made by JSC "Halyk Finance" pursuant to the Programme is available through the link below:

https://ir.airastana.com/media/8deb0101392b24a/detailed-inf-eng-12-05-26.pdf

This announcement does not constitute, or form part of, any offer or any solicitation of an offer for securities in any jurisdiction. None of the Company or any brokers engaged by the Company for the purposes of the Programme or their affiliates (or their respective directors, employees, agents or advisors) makes any recommendation as to whether or not shareholders or holders of GDRs should sell any or all of their Shares or GDRs. The shareholders and holders of GDRs are recommended to seek their own financial advice regarding participation in the Programme from their broker(s), investment manager(s), legal advisor(s), accountant(s), custodian(s) or other appropriately authorised independent financial advisor(s). Any individual or company whose Shares and/or GDRs are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if they wish to take part in the Programme.

For further information, please visit ir.airastana.com or contact:

About the Air Astana Group:

Air Astana Group is the largest airline group in Central Asia and the Caucasus regions by revenue and fleet size. The Group operates a fleet of 63 aircraft split between Air Astana, its full-service airline that operated its inaugural flight in 2002, and FlyArystan, its low-cost airline established in 2019. The Group provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, regional and international routes across Central Asia, the Caucasus, the Far East, the Gulf, India and Europe. Air Astana has been recognised by SkyTrax as the Best Airline in Central Asia & CIS fourteen years running and received the Best Airline Staff Service in Central Asia & CIS award nine times in a row. FlyArystan has been recognised as the Best Low-Cost Carrier (LCC) in Central Asia & CIS at the SkyTrax awards three times. Additionally, Air Astana was awarded a five-star rating in the major airline category by the Airline Passenger Experience Association (APEX). The Group is listed on the Kazakhstan Stock Exchange, Astana International Exchange and London Stock Exchange (ticker symbol: AIRA).