TUI AG has extended its existing credit lines until summer 2024. This gives the Group more time and flexibility and strengthens TUI in a market environment with Corona restrictions. The Group’s objective remains a rapid repayment of the government loans as soon as more holiday destinations can be travelled to in a stable manner again and the successful relaunch of tourism continues in a sustainable manner. Pent-up demand and interest in travel remain at high levels in Europe and TUI’s international markets. TUI has agreed with the 19 private banks and KfW to extend the maturity of the credit line totaling 4.7 billion euros by two years to summer 2024.