Holding(s) in Company

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Ryanair Holdings plc

LEI: 635400BR2ROC1FVEBQ56

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights

[X] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name:

The Goldman Sachs Group, Inc.

City and country of registered office (if applicable):

Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA

4. Full name of shareholder(s) (if different from 3.)v: Goldman Sachs International

5. Date on which the threshold was crossed or reachedvi: 27/07/2022

6. Date on which issuer notified: 29/07/2022

7. Threshold(s) that is/are crossed or reached: Above 8%

8. Total positions of person(s) subject to the notification obligation:

% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments(total of 9.B.1 + 9.B.2)

Total of both in % (9.A + 9.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

0.88%

7.57%

8.46%

1,135,183,528

Position of previous notification (if applicable)

0.85%

7.11%

7.96%

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

Indirect

Direct

Indirect

IE00BYTBXV33

9,778,917

0.86%

US7835132033

262,151

0.02%

SUBTOTAL A

10,041,068

0.88%

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is exercised/converted.

% of voting rights

Securities Lending

Open

352,780

0.03%

Future

16/09/2022

15,999,317

1.41%

SUBTOTAL B.1

16,352,097

1.44%

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

Swap

18/01/2023

Cash

15,540,733

1.37%

Swap

11/10/2022

Cash

12,004,630

1.06%

Swap

22/08/2022

Cash

8,614,872

0.76%

Swap

30/08/2022

Cash

8,594,184

0.76%

Swap

13/10/2022

Cash

7,002,882

0.62%

Swap

12/10/2022

Cash

7,002,746

0.62%

Swap

23/08/2022

Cash

3,999,990

0.35%

Swap

25/08/2022

Cash

2,500,037

0.22%

Swap

17/08/2022

Cash

1,999,940

0.18%

Swap

23/09/2022

Cash

1,174,821

0.10%

Swap

16/06/2032

Cash

453,076

0.04%

Swap

17/03/2032

Cash

195,017

0.02%

Swap

25/10/2022

Cash

105,295

0.01%

Swap

16/02/2032

Cash

88,452

0.01%

Swap

01/06/2023

Cash

65,493

0.01%

Swap

18/03/2024

Cash

60,771

0.01%

Swap

05/04/2027

Cash

55,903

0.005%

Swap

20/10/2026

Cash

47,216

0.004%

Swap

05/04/2027

Cash

29,398

0.003%

Swap

19/05/2025

Cash

22,297

0.002%

Swap

17/05/2032

Cash

18,888

0.002%

Swap

05/04/2027

Cash

4,427

0.0004%

Swap

29/06/2032

Cash

4,200

0.0004%

Swap

05/04/2027

Cash

2,719

0.0002%

Swap

03/06/2031

Cash

1,500

0.0001%

Swap

11/07/2025

Cash

1,455

0.0001%

Call Option

27/07/2023

Cash

19

0.000002%

SUBTOTAL B.2

69,590,959

6.13%

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

The Goldman Sachs Group, Inc.

Goldman Sachs (UK) L.L.C.

Goldman Sachs Group UK Limited

Goldman Sachs International

7.54%

7.64%

The Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC

The Goldman Sachs Group, Inc.

GSAM Holdings LLC

Goldman Sachs Asset Management, L.P.

The Goldman Sachs Group, Inc.

Goldman Sachs Bank USA

Goldman Sachs Bank Europe SE

The Goldman Sachs Group, Inc.

Folio Financial, Inc.

Folio Investments Inc.

The Goldman Sachs Group, Inc.

IMD Holdings LLC

United Capital Financial Partners, Inc.

United Capital Financial Advisers, LLC

The Goldman Sachs Group, Inc.

GSAM Holdings LLC

NNIP Holdings LLC

NNIP UK Holdings I Ltd

NNIP UK Holdings II Ltd

NNIP Holdings I B.V. / NNIP Holdings II B.V.

NN Investment Partners Holdings B.V.

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

12. Additional informationxvi:

Please note, the total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

General email contact:

gs-regops-emea-position-enquiries@gs.com