Jeju Air Decides to Sell 3 Aircraft for Fleet Modernization

Purpose: Sale of existing aircraft as part of fleet modernization plan
Asset: 3 B737-800NG, sale price approx. KRW 144.7 billion (6.16% of total assets)
Counterparty: Air Peace Limited
Expected sale date: August 30, 2026
Board resolution date: May 13, 2026, all 4 outside directors attended
This disclosure is a clarification regarding a report from October 27, 2025.

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