Ms. Andrean Gagne reports

TRANSAT'S ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Transat AT Inc. has adjourned its annual and extraordinary shareholders meeting to May 1, 2025, at 1:30 p.m. ET. The adjournment is due to the absence of the required participation quorum to validly hold the shareholders meeting. According to the company's bylaws, the quorum required to hold a meeting is 25 per cent. As of 10:30 a.m. on April 29, the number of shares represented in person or by proxy reached 21.35 per cent of the issued and outstanding voting shares. The 25-per-cent quorum will not apply at the resumption of the meeting on May 1.

The meeting will be held in a hybrid format, virtually by live webcast and in person at 1250 Rene-Levesque Blvd. West, 36th floor, Suite 3610, Montreal, Que., H3B 4W8. Shareholders are advised to refer to the management proxy circular dated March 21, 2025, for details on how to connect, participate and vote at the meeting.

The record date for shareholders of Transat entitled to vote at the meeting remains the close of business on March 20, 2025. Shareholders who have not yet voted are encouraged to do so and may submit their proxies until 1:30 p.m. ET on April 30, 2025. Shareholders who have previously submitted proxies do not need to take any further action, as these proxies remain valid for use at the resumption of the meeting on May 1.

About Transat AT Inc.

Founded in Montreal 37 years ago, Transat has achieved worldwide recognition as a provider of leisure travel particularly as an airline under the Air Transat brand. Voted world's best leisure airline by passengers at the 2024 Skytrax World Airline Awards, it flies to international destinations. It renews its fleet with the most energy-efficient aircraft in its category, which is essential to ensure the energy efficiency of its operations. Based in Montreal, Transat has 5,000 employees with a common purpose to bring people closer together.