Santiago, Chile, July 26, 2024 - LATAM Airlines Group S.A. (“LATAM” or the “Company,” NYSE: LTM) today announced the closing of a public offering by certain of its shareholders (the “Selling Shareholders”) to sell 19,000,000 American Depositary Shares (the “ADSs”), each representing 2,000 common shares of LATAM, at a price to the public of $24 per ADS. LATAM did not receive any proceeds from the sale of ADSs by the selling shareholders.

The ADSs began trading on New York Stock Exchange on July 25, 2024 under the ticker symbol “LTM.”

Goldman Sachs & Co. LLC, Barclays Capital Inc. and J.P. Morgan Securities LLC acted as global coordinators and bookrunners. Citigroup Global Markets Inc., Santander US Capital Markets LLC, Deutsche Bank Securities Inc., BNP Paribas Securities Corp., MUFG Securities Americas Inc., Natixis Securities Americas LLC and LarrainVial Securities US LLC acted as additional bookrunners. Morgan Stanley & Co. LLC acted as a co-manager.

A registration statement on Form F-3, including a prospectus, relating to the ADSs was filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 18, 2024 and became effectively automatically.

The offering was made by means of the prospectus in the registration statement and a prospectus supplement. You may access these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus and the final prospectus supplement may be obtained by contacting Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at 1-866-471-2526; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email: Barclaysprospectus@broadridge.com, telephone: (888) 603-5847; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com.

This press release is for informative purposes only under the current applicable laws and regulations and shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.