Finnair’s EUR 200 million hybrid bonds issued and admitted to trading on Helsinki Stock Exchange


Finnair Plc         Stock Exchange Release        13 October 2015 at 4:45 pm EET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY
U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933,
AS AMENDED) OR IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, SOUTH
AFRICA, SINGAPORE AND JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION
OR RELEASE WOULD BE UNLAWFUL.

Finnair Plc’s EUR 200 million hybrid bonds (ISIN code FI4000176300) (the “Hybrid
Bonds”) placed on 1 October 2015 have been issued and admitted to trading on the
Helsinki Stock Exchange today.

Finnair appointed each of Danske Bank A/S and Morgan Stanley & Co. International
plc as joint coordinators, structuring advisors and joint lead managers and
Pohjola Bank plc as joint lead manager in connection with the issue of the
Hybrid Bonds.

Further information:
Financial Communications Manager Ilkka Korhonen, tel. +358 9 818 4705,
ilkka.korhonen@finnair.com

Distribution:
NASDAQ OMX Helsinki
Principal media

Disclaimer:

This release is for informational purposes only and is not to be construed as an
offer to purchase, sell or subscribe with respect to any securities, including
the Hybrid Bonds, of Finnair. The distribution of this release is prohibited by
law in certain countries. Persons into whose possession this release may come
are required to inform themselves about and comply with such restrictions. This
release may not be distributed or published in any country or jurisdiction if to
do so would constitute a violation of the relevant laws of such jurisdiction or
would require actions under the laws of a state or jurisdiction other than
Finland, including the United States, Australia, Canada, Hong Kong, South
Africa, Singapore and Japan. The information contained in this release shall not
constitute an offer to sell, purchase or subscribe any of Finnair’s securities,
including the Hybrid Bonds, to any persons in any jurisdiction in which such
offer, sale, purchase or subscription would be unlawful. None of Finnair, the
joint lead managers or their respective representatives assume any legal
responsibility for such violations, regardless of whether persons contemplating
investing in or divesting Finnair’s securities, including the Hybrid Bonds, are
aware of these restrictions or not.

Stabilization notice

Further to the stabilization notice released on 1 October 2015, Danske Bank A/S
(contact: Jens Ismunden; telephone: +45 45 14 67 99) hereby gives notice that
the stabilisation period has ended and that no stabilisation, within the meaning
of the rules under Commission Regulation (EC) No. 2273/2003 implementing the
Market Abuse Directive (2003/6/EC) was undertaken by the Stabilisation
Manager(s) named below in relation to the offer of the following securities.

+---------------------------+-----------------------------------------------+
|Issuer:                    |Finnair Plc                                    |
+---------------------------+-----------------------------------------------+
|Guarantor (if any):        |None                                           |
+---------------------------+-----------------------------------------------+
|Aggregate nominal   amount:|EUR 200,000,000                                |
+---------------------------+-----------------------------------------------+
|Description:               |Unsecured and   subordinated capital securities|
+---------------------------+-----------------------------------------------+
|Stabilisation   Manager(s):|Danske Bank A/S                                |
+---------------------------+-----------------------------------------------+
Finnair is a network airline specialising in passenger and cargo traffic between
Asia and Europe. Helsinki’s geographical location gives Finnair a competitive
advantage, since the fastest connections between many European destinations and
Asian megacities fly over Finland. Finnair’s vision is to offer its passengers a
unique Nordic experience, and its mission is to offer the smoothest, fastest
connections in the northern hemisphere via Helsinki and the best network to the
world from its home markets. Finnair is the only Nordic carrier with a 4-star
Skytrax ranking and a member of the oneworld alliance. In 2014, Finnair’s
revenues amounted to EUR 2,400 million and it had a personnel of almost 4,500 at
the year-end. Finnair Plc’s shares are quoted on Nasdaq Helsinki.