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:

07 Jul 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	0.20 %	5.14 %	5.33 %	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	2060175	100000	0.19 %	0.01 %
Total	2160175		0.20 %

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	5491004	0.50 %
Convertible Bonds	16.04.2028	16.04.2028	12436837	1.13 %
Certificates	16.07.2021-24.08.2022	16.07.2021-24.08.2022	6391655	0.58 %
		Total	24319496	2.21 %

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	1923972	0.18 %
Certificates	03.01.2033	Until 03.01.2033	Cash	92346	0.01 %
Contracts For Difference	N/A	N/A	Cash	3132193	0.28 %
OTC Call Options	17.09.2021-03.01.2033	Until 17.09.2021-03.01.2033	Cash	10249019	0.93 %
OTC Call Options	17.09.2021-17.12.2021	17.09.2021-17.12.2021	Cash	436537	0.04 %
OTC Put Options	17.09.2021-03.01.2033	Until 17.09.2021-03.01.2033	Cash	1671589	0.15 %
OTC Put Options	16.12.2022	Until 16.12.2022	Physical	366205	0.03 %
Listed Put Options	17.12.2021-16.12.2022	Until 17.12.2021-16.12.2022	Physical	2825000	0.26 %
Listed Call Warrants	17.09.2021-03.01.2033	Until 17.09.2021-03.01.2033	Cash	9363427	0.85 %
Listed Call Warrants	17.09.2021-17.12.2021	17.09.2021-17.12.2021	Cash	436537	0.04 %
Listed Put Warrants	17.09.2021-03.01.2033	Until 17.09.2021-03.01.2033	Cash	1671589	0.15 %
			Total	32168414	2.93 %

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 Holdings, 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

12 Jul 2021