Aeromexico Announces Change of Chairman of the Board

Eduardo Tricio Haro conveyed to the Board of Directors and the Shareholders Meeting of the Company, his decision to step down as Chairman of the Board, while continuing as a Nonexecutive Director of Grupo Aeromexico's Board.

Furthermore, both the Board of Directors and the Shareholders Meeting approved the appointment of Javier Arrigunaga Gómez del Campo as Chairman of the Board of Directors of the Company.

All Directors recognized extensively the successful performance and leadership of Mr. Tricio at the helm of the Company. They acknowledged that during his tenure the largest capital expenditure plan in the history of Mexican aviation was agreed with the purchase of up to 100 Boeing aircraft.

Moreover, agreements were reached with the Unions, strengthening the relationship with the labor force and operating performance was enhanced, which have generated value for all stakeholders and led to a sustained increase in the stock price.

Javier Arrigunaga is a recognized executive with a long and distinguished career, both in the public and private sector, formerly Chief Executive Officer of Grupo Financiero Banamex and Chairman of the Mexican Banking Association.

Before joining Banamex in 2002, Mr. Arrigunaga was the Mexican Ambassador to the OECD. Previously, he worked for 15 years at the Mexican Central Bank, where he fulfilled different responsibilities. Since 2007, Mr. Arrigunaga has been a member of Aeromexico's Board and member of the Executive Committee.