Update on restricted share notice

On 17 April 2018 Wizz Air Holdings Plc (the "Company") announced that the ownership of the Company's ordinary shares of £0.0001 each ("Ordinary Shares") by Non-Qualifying Nationals was 49 per cent., which is the maximum permitted level of Ordinary Share ownership by Non-Qualifying Nationals set by the Company's Board of Directors (the "Permitted Maximum"). Accordingly, pursuant to the Company's articles of association (the "Articles"), the Company's Board of Directors (the "Board") resolved to put in place a number of actions in relation to "Restricted Shares", which are outlined below, and which remain in place.