TUI AG Regulatory News (TUI)

Notification of Major Holdings 1. Details of issuer

Name:	TUI AG
Street:	Karl-Wiechert-Allee 4
Postal code:	30625
City:	HannoverGermany
Legal Entity Identifier (LEI):	529900SL2WSPV293B552

2. Reason for notification

	Acquisition/disposal of shares with voting rights
	Acquisition/disposal of instruments
	Change of breakdown of voting rights
X	Other reason:Ownership of voting rights fell below the 5% threshold due to the increase in total voting rights outstanding as of 28 October 2021.

3. Details of person subject to the notification obligation

Legal entity: JPMorgan Chase & Co.City of registered office, country: Wilmington, Delaware, United States of America (USA)

4. Names of shareholder(s)holding directly 3% or more voting rights, if different from 3.5. Date on which threshold was crossed or reached:

28 Oct 2021

6. Total positions

	% of voting rights attached to shares (total of 7.a.)	% of voting rights through instruments (total of 7.b.1 + 7.b.2)	Total of both in % (7.a. + 7.b.)	Total number of voting rights pursuant to Sec. 41 WpHG
New	0.81 %	4.13 %	4.94 %	1622914412
Previous notification	1.66 %	5.91 %	7.57 %	/

7. Details on total positionsa. Voting rights attached to shares (Sec. 33, 34 WpHG)

ISIN	Absolute		In %
	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)
DE000TUAG000	0	13165322	0.00 %	0.81 %
Total	13165322		0.81 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Voting rights absolute	Voting rights in %
Right to recall shares lent out	n/a	n/a	2676789	0.16 %
Internal right to recall shares lent out	n/a	n/a	7500016	0.46 %
		Total	10176805	0.63 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Cash or physical settlement	Voting rights absolute	Voting rights in %
Third Party convertible bonds - right of use held	16/04/2028	16/04/2028	Physical	15253015	0.94 %
Convertible bonds	16/04/2028	16/04/2028	Physical	8619372	0.53 %
Right to recall convertible bonds lent out	16/04/2028	16/04/2028	Physical	6895494	0.42 %
Cash-settled Call Option	08/06/2023	08/06/2023	Cash	151097	0.01 %
Equity Swap	02/11/2021 - 23/08/2028	02/11/2021 - 23/08/2028	Cash	25946632	1.60 %
			Total	56865610	3.50 %

8. Information in relation to the person subject to the notification obligation

	Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X	Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights (if at least 3% or more)	% of voting rights through instruments (if at least 5% or more)	Total of both (if at least 5% or more)
JPMorgan Chase & Co.	%	%	%
JPMorgan Chase Bank, National Association	%	%	%
J.P. Morgan International Finance Limited	%	%	%
J.P. Morgan Capital Holdings Limited	%	%	%
J.P. Morgan Securities plc	%	%	%
-	%	%	%
JPMorgan Chase & Co.	%	%	%
JPMorgan Chase Holdings LLC	%	%	%
J.P. Morgan Broker-Dealer Holdings Inc.	%	%	%
J.P. Morgan Securities LLC	%	%	%
-	%	%	%
JPMorgan Chase & Co.	%	%	%
JPMorgan Chase Bank, National Association	%	%	%
J.P. Morgan International Finance Limited	%	%	%
J.P. Morgan Structured Products B.V.	%	%	%
-	%	%	%
JPMorgan Chase & Co.	%	%	%
JPMorgan Chase Bank, National Association	%	%	%

9. In case of proxy voting according to Sec. 34 para. 3 WpHG(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:

Proportion of voting rights	Proportion of instruments	Total of both
%	%	%

10. Other explanatory remarks:Date

01 Nov 2021