AIR EUROPA: FUEL SURCHARGE POLICY

As result of the actual war Russia-Ukraine and the economic situation resulting of it, in order to partially offset the addition cost of a significant increase of our operational cost and additional complexity in our network, Air Europa Cargo has implemented a Fuel surcharge applicable on cargo forwarded in their routes according the flight distance.

This surcharge is implemented in full compliance with applicable national and international legislation and are based in the following rules:

- Fuel Surcharge is based on Chargeable Weight.

- Fuel Surcharge is in Euros and USD (or equivalent local currency).

- Fuel Index is updated regularly. The implementation of any changes (increase/reduction/suspension) will be effective with a notice period of one week.

- The surcharge is reviewed continually and Air Europa Cargo reserves the right to change this information at any time.

- The fuel index is based on the average price of Brent Crude.

- Index 100 is equal to a fixed base of 98,56$ per barrel.

- Fuel Surcharge Levels: Short (applicable in domestic and European origin/destination routes) and Long (applicable in Long haul flights)

- Under Index 100 no fuel surcharge will be applicable. From Index 100 to 125 a Minimum of 0,20/0,02 currency will be applicable. Over Index 125, each -/+ 10 will increase/decrease +0,10/0.01 currency