Monday, May 20, 2024 LATAM Airlines would like to inform stakeholders that as part of the ongoing efforts to reopen and relist its ADRs on the New York Stock Exchange, discussions have been held with certain shareholders to gauge their interest in potentially participating in a secondary sale of their shares in the company, possibly through an underwritten offering. While no definitive decisions have been made by these shareholders regarding the sale of their shares, they have expressed preliminary interest. The decision to proceed with such a sale is expected to be influenced by the progress of the ADR relisting process and prevailing market conditions.
At this time, there is no guarantee that a secondary sale will occur alongside the ADR relisting. However, LATAM believes that such a sale could be advantageous for all company shareholders by potentially enhancing the liquidity of both shares and ADRs. This notice complies with Rule 135e of the Securities Act of 1933, as amended.
It is not meant to be an offer to sell or a request for offers to buy any securities in the United States. Securities cannot be offered or sold in the United States unless they are registered or are exempt from registration. All offers, solicitations, or sales of securities, including any possible secondary sales, will adhere to the registration and prospectus requirements of the Securities Act.
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