NOVEMBER 8TH, 2016

Wizz Air Holdings Plc: Removal of Restricted Share Notices

Further to the announcement made by Wizz Air Holdings Plc (the “Company”) on 2 September 2016, the share register of the Company as at 25 October 2016 shows that the ownership of the Company’s ordinary shares of £0.0001 each (“Ordinary Shares”) by Non-Qualifying Nationals has now fallen below 49 per cent. which is the maximum permitted level of Ordinary Share ownership by Non-Qualifying Nationals set by the Company’s Board of Directors (“the Permitted Maximum”).

Accordingly, the Company’s Board of Directors has resolved to remove the restrictions outlined in the announcement of 2 September 2016. As a result, Non-Qualifying Nationals are no longer effectively barred from purchasing Ordinary Shares.

The definitions of Qualifying National and Non-Qualifying National are repeated below:

- a “Qualifying National” includes: (i) EEA nationals, (ii) nationals of Switzerland and (iii) in respect of any undertaking, an undertaking which satisfies the conditions as to nationality of ownership and control of undertakings granted an operating licence contained in Article 4(f) of the EU Air Services Regulation, as such conditions may be amended, varied, supplemented or replaced from time to time, or as provided for in any agreement between the EU and any third country (whether or not such undertaking is itself granted an operating licence); and
- a “Non-Qualifying National” includes any person who is not a Qualifying National in accordance with the definition below.