TUI AG (TUI) TUI AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution 02-Apr-2024 / 12:55 CET/CEST The issuer is solely responsible for the content of this announcement.
Notification of Major Holdings 1. Details of issuer
| Name: | TUI AG |
| Street: | Karl-Wiechert-Allee 23 |
| Postal code: | 30625 |
| City: | HannoverGermany |
| Legal Entity Identifier (LEI): | 529900SL2WSPV293B552 |
2. Reason for notification
| | Acquisition/disposal of shares with voting rights |
| X | Acquisition/disposal of instruments |
| | Change of breakdown of voting rights |
| X | Other reason:Voluntary group notification with triggered threshold on subsidiary level |
3. Details of person subject to the notification obligation| Legal entity: The Goldman Sachs Group, Inc.City of registered office, country: Wilmington, DE, 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:
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 | 0.11 % | 5.39 % | 5.50 % | 507431033 |
| Previous notification | 0.04 % | 5.29 % | 5.33 % | / |
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) |
| DE000TUAG505 | 0 | 540435 | 0 % | 0.11 % |
| Total | 540435 | 0.11 % |
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 | Open | | 8079188 | 1.59 % |
| Right Of Use | Open | | 345939 | 0.07 % |
| Call Warrant | 20.03.2026 | | 767247 | 0.15 % |
| Call Option | 20.12.2024 | | 6518555 | 1.28 % |
| Convertible Bond | 16.04.2028 | | 1211067 | 0.24 % |
| | | Total | 16921995 | 3.33 % |
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 % |
| Swap | 20.03.2034 | | Cash | 2141146 | 0.42 % |
| Call Warrant | 31.12.2030 | | Cash | 93701 | 0.02 % |
| Put Option | 20.06.2025 | | Physical | 8212200 | 1.62 % |
| | | | Total | 10447047 | 2.06 % |
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) |
| The Goldman Sachs Group, Inc. | % | % | % |
| GSAM Holdings LLC | % | % | % |
| Goldman Sachs Asset Management, L.P. | % | % | % |
| - | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| GSAM Holdings LLC | % | % | % |
| Goldman Sachs Asset Management Holdings LLC | % | % | % |
| Goldman Sachs Asset Management UK Holdings I Ltd | % | % | % |
| Goldman Sachs Asset Management UK Holdings II Ltd | % | % | % |
| Goldman Sachs Asset Management Holdings I B.V. / Goldman Sachs Asset Management Holdings II B.V. | % | % | % |
| Goldman Sachs Asset Management Holdings B.V. | % | % | % |
| - | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| Goldman Sachs Bank USA | % | % | % |
| Goldman Sachs Bank Europe SE | % | % | % |
| - | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| Goldman Sachs (UK) L.L.C. | % | % | % |
| Goldman Sachs Group UK Limited | % | % | % |
| Goldman Sachs International Bank | % | % | % |
| - | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| Goldman Sachs & Co. LLC | % | % | % |
| - | % | % | % |
| The Goldman Sachs Group, Inc. | % | % | % |
| Goldman Sachs (UK) L.L.C. | % | % | % |
| Goldman Sachs Group UK Limited | % | % | % |
| Goldman Sachs International | % | % | 5.01 % |
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
TUI AG (TUI)