Notification of Major Holdings

1. Details of issuer Name: TUI AG Street: Karl-Wiechert-Allee 4 Postal code: 30625 City: Hannover
Germany 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:
Lapse of attribution of voting rights (see section 10)
3. Details of person subject to the notification obligation Natural person (first name, surname): Kirill A. Mordashov
Date of birth: 21 Sep 1999
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 Dec 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 0.00 % 0.00 % 0.00 % 1622914412 Previous notification 30.10 % 0.76 % 30.86 % /
7. Details on total positions
a. 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 0 0.00 % 0.00 % Total 0 0.00 %
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 % 0 0.00 %     Total 0 0.00 %
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 % 0 0.00 %       Total 0 0.00 %
8. Information in relation to the person subject to the notification obligation
X 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.).   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)  
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:
Kirill A. Mordashov has sold 50% of the voting participation interest (his entire voting stake) in KN-Holding LLC to Alexey A. Mordashov. KN-Holding LLC holds 65% of the voting shares in Unifirm Limited, which holds voting shares in the issuer. As a result, Kirill A. Mordashov no longer holds (indirectly) voting shares in Unifirm Limited. Unifirm Limited's stake in the issuer remains unaffected. 
Date
28 Dec 2021