TUI AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Notification of Major Holdings 1. Details of issuer

Name:	TUI AG
Street:	Karl-Wiechert-Allee 4
Postal code:	30625
City:	HannoverGermany
Legal Entity Identifier (LEI):	529900SL2WSPV293B552

2. Reason for notification

	Acquisition/disposal of shares with voting rights
X	Acquisition/disposal of instruments
	Change of breakdown of voting rights
X	Other reason:non-applying of trading book exemption according to sec. 36 para. 1 WpHG

3. Details of person subject to the notification obligation

Legal entity: Société Générale S.A.City of registered office, country: Paris, France

4. Names of shareholder(s)holding directly 3% or more voting rights, if different from 3.5. Date on which threshold was crossed or reached:

19 Apr 2021

6. Total positions

	% of voting rights attached to shares (total of 7.a.)	% of voting rights through instruments (total of 7.b.1 + 7.b.2)	Total of both in % (7.a. + 7.b.)	Total number of voting rights pursuant to Sec. 41 WpHG
New	0.27 %	4.74 %	5.01 %	1099393634
Previous notification	0 %	0 %	0 %	/

7. Details on total positionsa. Voting rights attached to shares (Sec. 33, 34 WpHG)

ISIN	Absolute		In %
	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)
DE000TUAG000	2990763	0	0.27 %	0.00 %
Total	2990763		0.27 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Voting rights absolute	Voting rights in %
Right to recall lent securities	N/A	N/A	4355252	0.40 %
Listed Call Options	18.06.2021	Until 18.06.2021	107473	0.01 %
Certificates	21.05.2021-24.08.2022	21.05.2021-24.08.2022	7959600	0.72 %
Convertible Bonds	18.04.2028	18.04.2028	4102106	0.37 %
		Total	16524431	1.50 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Cash or physical settlement	Voting rights absolute	Voting rights in %
OTC Call Options on Basket	03.01.2033	Until 03.01.2033	Cash	2297746	0.21 %
Contracts For Difference	N/A	N/A	Cash	1443873	0.13 %
Certificates	03.01.2033	Until 03.01.2033	Cash	105309	0.01 %
OTC Call Options	18.06.2021-03.01.2033	Until 18.06.2021-03.01.2033	Cash	12767936	1.16 %
OTC Put Options	18.06.2021-03.01.2033	Until 18.06.2021-03.01.2033	Cash	1637419	0.15 %
OTC Put Options	16.12.2022	Until 16.12.2022	Physical	366205	0.03 %
Listed Put Options	18.06.2021-16.12.2022	18.06.2021-16.12.2022	Physical	3904694	0.36 %
Listed Put Warrants	18.06.2021-03.01.2033	Until 18.06.2021-03.01.2033	Cash	1637419	0.15 %
Listed Call Warrants	18.06.2021-03.01.2033	Until 18.06.2021-03.01.2033	Cash	11452741	1.04 %
			Total	35613342	3.24 %

8. Information in relation to the person subject to the notification obligation

	Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X	Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights (if at least 3% or more)	% of voting rights through instruments (if at least 5% or more)	Total of both (if at least 5% or more)
-Société Générale S.A.	%	%	%
-Société Générale Effekten GmbH	%	%	%
-	%	%	%
-Société Générale S.A.	%	%	%
-SG Americas Securities Holding LLC	%	%	%
-SG Americas Securities LLC	%	%	%

9. In case of proxy voting according to Sec. 34 para. 3 WpHG(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:

Proportion of voting rights	Proportion of instruments	Total of both
%	%	%

10. Other explanatory remarks:Date

21 Apr 2021