Finnair Plc               Stock Exchange Release                19 July 2024 at 9:00 a.m. EEST

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR IN OR INTO OR TO ANY PERSON RESIDENT OR LOCATED IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT.

This notice is made in respect of Finnair Plc's (the "Company") 4.250 per cent, unrated notes due 19 May 2025 with an initial nominal amount of EUR 400,000,000 (ISIN: FI4000507132) (the "Notes").

The Company hereby gives a notice to the holders of the Notes (the "Noteholders") that it will redeem all the outstanding Notes in accordance with Condition 9 (Clean-up call option) of the terms and conditions of the Notes.

On 24 May 2024, the Company purchased pursuant to the terms and conditions set out in the tender offer memorandum dated 14 May 2024 Notes amounting to an aggregate principal amount of EUR 320,126,000 and on 29 May 2024 the Company purchased, and since cancelled, Notes amounting to an aggregate principal amount of EUR 1,100,000 in accordance with the terms and conditions of the Notes (the "Purchases"). As the outstanding aggregate principal amount of the Notes prior to the Purchases was EUR 382,454,000, the remaining outstanding aggregate principal amount of the Notes after the completion of the Purchases is EUR 61,228,000, representing approximately 15.31 per cent of the initial aggregate principal amount of the Notes. The Company is thus entitled to redeem all of the outstanding Notes in accordance with Condition 9 (Clean-up call option) of the terms and conditions of the Notes.

The outstanding Notes will be redeemed on 19 August 2024 (the "Redemption Date") in accordance with the terms and conditions of the Notes. On the Redemption Date, the Company will pay to the Noteholders a redemption price per Note equal to 100 per cent of the principal amount together with accrued but unpaid interest. Interest on the Notes to be redeemed accrues until (but excluding) the Redemption Date.

This notice of redemption is irrevocable. All the outstanding Notes redeemed by the Company will be cancelled.

For further information:

Mikko Hepokari, Group Treasurer, tel. +358 40 745 4292, mikko.hepokari@finnair.com

Kristian Pullola, CFO, tel. +358 9 818 4960, kristian.pullola@finnair.com