|Funds Managed by Indigo Partners||212,574,670||18.2%|
|Blue Sky Investments||100,059,000||8.6%|
(1) Each ADS represents ten CPOs and each CPO represents a financial interest in one Series A share. Non-Mexican investors in the ADSs may not directly hold the underlying Series A shares, but may hold them only indirectly through CPOs issued and released by a Mexican bank as trustee under the CPO trust or ADSs evidencing CPOs.
(2) Volaris does not have a control group.
Source: 13F and Bloomberg.
Note: As of November 2023.
Attendance and the exercise of voting rights are subject to compliance with the change of control provisions set forth in Clause Eight of the Company´s by-laws. Note that pursuant to such provision, a position that results in a number equal or greater than 5% of Volaris’ total outstanding shares requires the prior written authorization of the Board of Directors.