Notification of Major Holdings

1. Details of issuer Name: TUI AG Street: Karl-Wiechert-Allee 23 Postal code: 30625 City: Hannover
Germany Legal Entity Identifier (LEI): 529900SL2WSPV293B552
2. Reason for notification X Acquisition/disposal of shares with voting rights   Acquisition/disposal of instruments   Change of breakdown of voting rights   Other reason:

3. Details of person subject to the notification obligation Legal entity: UBS Group AG
City of registered office, country: Zurich, Switzerland
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: 21 Nov 2023
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 3.17 % 1.29 % 4.47 % 507431033 Previous notification 2.95 % 1.62 % 4.57 % /
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) DE000TUAG505 0 16099757 0 % 3.17 % Total 16099757 3.17 %
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 lent shares At any time 2861056 0.56 % Right of use over shares At any time 818135 0.16 % Long Call Option 15/12/2023 84000 0.02 %     Total 3763191 0.74 %
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 % Convertible Bonds (DE000A3E5KG2) 16/04/2028 27/05/2021-30/03/2028 Physical 2122179 0.42 % Short Put Option 15/12/2023 -18/12/2026 Physical 666520 0.13 % Right of use over Convertible (CH1233972566) 15/01/2024 Physical 6828 0 % Right of use over Convertible (CH1241664197) 15/01/2024 Physical 3541 0 %       Total 2799068 0.55 %
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) UBS Group AG % % % UBS AG % % % UBS Switzerland AG % % % - % % % UBS Group AG % % % UBS AG % % % UBS Asset Management AG % % % UBS Asset Management (Singapore) Ltd % % % - % % % UBS Group AG % % % UBS AG % % % UBS Asset Management AG % % % UBS Asset Management Holding (No. 2) Ltd % % % UBS Asset Management Holding Ltd % % % UBS Asset Management (UK) Ltd % % % - % % % UBS Group AG % % % UBS AG % % % UBS Asset Management AG % % % UBS Asset Management Holding (No. 2) Ltd % % % UBS Asset Management Holding Ltd % % % UBS Asset Management Life Ltd % % % - % % % UBS Group AG % % % UBS AG % % % UBS Asset Management AG % % % UBS Asset Management Switzerland AG % % % UBS Fund Management (Switzerland) AG % % % - % % % UBS Group AG % % % UBS AG % % % UBS Asset Management AG % % % UBS Fund Management (Luxembourg) S.A. % % % - % % % UBS Group AG % % % UBS AG % % % UBS Americas Holding LLC % % % UBS Americas Inc. % % % UBS Securities LLC % % % - % % % UBS Group AG % % % Credit Suisse AG % % % Credit Suisse International % % % - % % % UBS Group AG % % % Credit Suisse AG % % % Credit Suisse (Schweiz) AG % % % - % % % UBS Group AG % % % Credit Suisse AG % % % Credit Suisse Asset Management International Holding Ltd % % % Credit Suisse Asset Management Investor Services (Schweiz) Holding AG % % % Credit Suisse Funds AG % % %
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
27 Nov 2023