Posting of Class 1 Circular and Notice of GM

Wizz Air Holdings Plc

(the "Company" and, together with its subsidiaries, "Wizz Air")

Posting of Class 1 Circular and Notice of General Meeting

Geneva, 28 January 2022: Further to the Company's announcement on 14 November 2021 of the signing of an agreement with Airbus S.A.S. ("Airbus") relating to the proposed purchase of 102 Airbus A321neo Family Aircraft, comprising  75 Airbus A321neo Aircraft and 27 Airbus A321XLR Aircraft and, under certain circumstances, the ability to acquire a further 19 (now 15 following the expiry of rights of first refusal in respect of four aircraft) Airbus A321neo Aircraft (the "Proposed Purchase"), Wizz Air is pleased to announce that a circular relating to the Proposed Purchase (the "Circular") which includes a notice of a general meeting of shareholders (the "General Meeting") and a form of proxy relating to the General Meeting is being posted to shareholders.

Given the size of the list price commitments for the Proposed Purchase relative to the Company, the Proposed Purchase constitutes a "class 1 transaction" under the Listing Rules of the UK Financial Conduct Authority and therefore completion of the Proposed Purchase is conditional upon Wizz Air shareholder approval. Accordingly, the General Meeting has been convened for this purpose and will be held at 2:00 PM (CET) on 22 February 2022 at Wizz Air's offices at Le Lumion, Geneva International Airport, 1218 Grand-Saconnex, Switzerland.

The Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at the Company's website at https://wizzair.com/en-gb/information-and-services/investor-relations/investors/general-meetings.

Alongside the Circular, the notice of General Meeting and the form of proxy, the Company will also send Restricted Share Notices to Shareholders who are Non-Qualifying Nationals, informing them of the number of Ordinary Shares that will be treated as Restricted Shares and consequently the number of Ordinary Shares in respect of which they shall be entitled to exercise their voting rights. More information on disenfranchisement can be found on the Company's website at the following location: https://wizzair.com/en-gb/information-and-services/investor-relations/investors/brexit-q-a.

Capitalised terms used but not defined in this announcement shall have the same meaning as in the Company's articles of association.

-Ends-

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.