Wizz Air Holdings Plc

WIZZ AIR ISSUES EUR 500M BOND

Geneva, 13 January 2022: Wizz Air Holdings Plc ("Wizz Air"), the fastest growing European low-cost airline, is pleased to announce the pricing of its bond offering of EUR 500m 1.00% notes due in 2026.

The offering is expected to close on 19 January 2022 subject to customary conditions. The bond offering was executed within the framework of the Euro Medium Term Note Programme.

Taking advantage of robust financing markets and very attractive pricing, Wizz Air intends to use the proceeds for general purposes, including the repayment of the 300m GBP CCFF facility in February 2022. Wizz Air is rated BBB- by Fitch and Baa3 by Moody's. The offering was multiple times oversubscribed.

The Joint Bookrunners were Barclays, BNP Paribas, Citigroup and J.P. Morgan.

József Váradi, Wizz Air Group Chief Executive Officer commented:

"We are pleased to announce our second bond offering at even more attractive pricing levels compared to our debut offering last year. The proceeds will further support Wizz Air as it scales-up to become an even stronger low-cost player in the coming years."

Wizz Air will announce its Q3 results for the three months ending 31 December 2021 on 26 January 2022.

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ABOUT WIZZ AIR

Wizz Air, the fastest growing European low-cost airline, operates a fleet of 149 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 10.2 million passengers in the financial year F21 ending 31 March 2021. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was recently named one of the world's top ten safest airlines by airlineratings.com, the world's only safety and product rating agency, and 2020 Airline of the Year by ATW, the most coveted honour an airline or individual can receive, recognizing individuals and organizations that have distinguished themselves through outstanding performance, innovation, and superior service.