Más Vuelos, Menos Costo

Forward-Looking Statements. Certain statements on this website, including statements concerning and involving Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris”), Grupo Viva Aerobus, S.A. de C.V. (“Viva Group”), the proposed transactions (the “Transactions”) and other matters, should be considered forward-looking within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Volaris’ and Viva Group’s current expectations and beliefs with respect to certain current and future events and anticipated financial and operating performance. Such forward-looking statements are and will be subject to many risks and uncertainties relating to Volaris’ and Viva Group’s operations and business environment that may cause actual results to differ materially from any future results expressed or implied in such forward-looking statements. Words such as “expect,” “likely,” “outlook,” “forecast,” “preliminary,” “would,” “could,” “should,” “can,” “will,” “project,” “intend,” “plan,” “goal,” “guidance,” “target,” “continue,” “sustain,” “synergy,” “on track,” “believe,” “seek,” “estimate,” “anticipate,” “may,” “possible,” “assume,” “indicate,” “remain,” and other similar expressions are intended to identify forward-looking statements. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed, or assured.

All forward-looking statements in this communication are based upon information available to Volaris and Viva Group on the date of this communication. Volaris and Viva Group undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances, or otherwise, except as required by applicable law. There can be no assurance that the Transactions will in fact be consummated.

Risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements include: the possibility that Volaris’ shareholders may not approve the adoption of the Business Combination Agreement; the risk that a condition to closing of the Transactions may not be satisfied (or waived); the ability of each party to consummate the Transaction; that either party may terminate the Business Combination Agreement or that the closing of the Transactions might be delayed or not occur at all; possible disruption related to the Transactions to Volaris’ or Viva Group’s current plans or operations, including through the loss of customers and employees; the diversion of management time and attention from ongoing business operations and opportunities; the response of competitors to the Transactions; a failure to (or delay in) receiving the required regulatory clearances for the Transactions; uncertainties regarding the ability to successfully integrate the operations of Volaris and Viva Group and the time and cost to do so; risks related to investor and rating agency perceptions of each of the parties and their respective business, operations, financial condition and the industry in which they operate; risks related to the potential impact of general economic, political and market factors on the companies or the Transactions; the outcome of any legal proceedings that could be instituted against Volaris, Viva Group or others relating to the Transactions; the combined company’s ability to realize anticipated cost savings, synergies or growth from the Transactions in the timeframe expected or at all; that the combined company’s cash and cash equivalents balances, together with the availability under certain credit facilities made available to the combined company and certain of its subsidiaries under its existing credit agreements, will be sufficient to fund the combined company’s operations including capital expenditures over the next 12 months; legislative, regulatory and economic developments affecting the business of Volaris and Viva Group; the possibility and severity of catastrophic events, including but not limited to, pandemics, natural disasters, acts of terrorism or outbreak of war or hostilities; and other risks and uncertainties detailed in periodic reports that Volaris files with the Securities and Exchange Commission (“SEC”) and period reports that the companies file with the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores; CNBV), as applicable. All forward-looking statements in this communication are based on information available to Volaris and Viva Group as of the date of this communication. Volaris and Viva Group each expressly disclaim any obligation to publicly update or revise the forward-looking statements, except as required by law.

Additional Information About the Transaction and Where to Find It

The Transactions are expected to be submitted to shareholders of Volaris and Viva Group for their consideration. Only shareholders of Volaris’ and Viva Groups’ outstanding common shares registered as of the applicable record date are entitled to vote on the Transactions. Voting will be conducted in Mexico in accordance with Mexican law and each of the companies’ bylaws. Holders of American depositary shares (ADSs), Certificados de Participación Ordinarios (CPOs), or other instruments representing common shares are not shareholders of record, do not have voting rights and are not entitled to vote on the Transactions. In connection with the proposed Transactions, Volaris and Viva Group may prepare, make available and disclose, to shareholders and investors certain materials, including, as applicable, shareholder meeting documentation, proxy or information statements, prospectuses, offering materials, and other communications, which will be distributed in accordance with applicable law. If and when such materials are filed with or furnished to the SEC, the CNBV, the Bolsa Mexicana de Valores, S.A.B. de C.V. (BMV) or the Bolsa Institucional de Valores, S.A. de C.V. (BIVA), they will be made available free of charge on Viva Groups’ investor relations website, in Volaris’ investor relations website, for SEC filings, at www.sec.gov, for CNBV filings, at www.gob.mx/cnbv, for BMV filings at www.bmv.com.mx, and for BIVA filings[1] at www.biva.mx. Shareholders of Volaris and Viva Group are urged to read any such materials carefully if and when they become available before making any voting or investment decision. The proposed Transactions remain subject to customary closing conditions, including receipt of applicable regulatory approvals and shareholder approvals, as described in related announcement materials.

This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor a solicitation of any vote, approval, or proxy in any jurisdiction.

The information contained herein has not been reviewed or authorized by the CNBV, the BMV or BIVA.

[1] NTD: Assuming Viva would publish an evento relevante in BIVA.