On the risk of delisting of ordinary shares of Spirit Airlines, Inc. (SAVE)

The International Trading System Limited (hereinafter — ITS) informs of the delisting risk in respect of ordinary shares of Spirit Airlines, Inc. (ISIN US8485771021, hereinafter — Shares) from New York Stock Exchange LLC (hereinafter — NYSE).

Information on delisting risk of ordinary shares by NYSE

On November 18, 2024 Spirit Airlines, Inc. (hereinafter – the Company) issued a press release announcing that, as a result of entering into a restructuring support agreement (hereinafter — the RSA), the Company has commenced a prearranged chapter 11 process in the United States Bankruptcy Court for the Southern District of New York (hereinafter – the Court).

As a result of the chapter 11 filing, the Company expects to be delisted from NYSE in the near term. The Company expects that its common stock will continue to trade in the over-the-counter marketplace through the chapter 11 process. The Shares are expected to be cancelled and have no value as part of the Company’s restructuring.

Spirit expects to continue operating its business in the normal course throughout this prearranged, streamlined chapter 11 process. As part of the chapter 11 process, the Company is filing a proposed Plan of Reorganization that incorporates the agreed terms of the RSA and is subject to confirmation by the Court.

Information regarding possible actions to be taken by ITS Ltd.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. outlining how trading in these qualified investments will be carried out.