INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.

("IAG" or the "Company")

Final dividend and return of excess cash

IAG today announces its decision to recommend to shareholders a final dividend of €0.05 per share in respect of the financial year to 31 December 2025.

Together with the interim dividend of €0.048 paid in December 2025, this brings the total dividend for the year to €0.098 per share, which represents a total ordinary dividend of €448 million taking into account the Company's issued share capital, excluding shares held in treasury.

Subject to shareholder approval at IAG's Annual General Meeting, the final dividend will be paid from 29 June 2026 to shareholders on the register on 26 June 2026. The dividend will be subject to Spanish withholding tax at the applicable rate (currently 19% or €0.0095 per share), resulting in a net amount per share of €0.0405. 

IAG also today announces the return of excess cash to shareholders of €1,500 million to be implemented over the course of the next twelve months, starting with a share buyback of €500 million to be completed by the end of May 2026. An announcement will be made in due course with further details.

Together, these steps reflect the Board's continued confidence in the Group's strategy, business model and financial position, as well as the long-term prospects for the business.

Nicholas Cadbury

Chief Financial and Sustainability Officer

26 February 2026

LEI: 959800TZHQRUSH1ESL13

This announcement contains inside information and is disclosed in accordance with the Company's obligations under the Market Abuse Regulation (EU) No 596/2014.