AEGEAN AIRLINES S.A.

Amendment of Financial Calendar 2016

Kifissia, 10 May 2016

Aegean Airlines, with reference to earlier announcement dated March 24, hereby announces the amendment of its Financial Calendar for 2016 as it is concern the Dividend Payment Day:

Annual General Shareholders Meeting: Wednesday, 11 May 2016

Ex-dividend date: Friday, 13 May 2016

Dividend beneficiaries – Record date: Monday, 16 May 2016

(The shares will trade ex-dividend prior to May 20th, 2016 which signifies the expiration date for the Futures Contracts on FTSE/ATHEX LARGE CAP in which the company shares participate)

Dividend payment: Thursday, 19 May 2016

The Company reserves the right to change the abovementioned dates, after proceeding with the relevant public notification.