São Paulo, January 15, 2025 – GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4) (“Company” or “GOL”), one of the leading airlines in Brazil, in compliance with article 157, paragraph 4th, of Brazilian Law No. 6,404/1976 and the Brazilian Securities Commission (Comissão de Valores Mobiliários or the “CVM”) Resolution No. 44/2021, informs its shareholders and the general market that the Company has received notice from Abra Group Limited (“Abra”), the largest secured creditor of GOL and the majority investor of GOL and Avianca Group International Limited, one of the leading airlines in Colombia, Ecuador and Central America, that Abra and Azul S.A. (“Azul”) have signed a non-binding Memorandum of Understanding (“MoU”) today with the intent to explore a combination of business in Brazil. GOL is not a party to the MoU.

GOL was informed that the MoU announced today is an initial stage of a negotiation process between Abra and Azul to explore the feasibility of a potential transaction. The agreement has no impact on GOL’s strategy, conduct of business or day-to-day operations. The Company remains focused on completing the remaining steps in its ongoing Chapter 11 proceedings with the goal of emerging from its restructuring process as a well-capitalized, standalone company.

As set forth in the MoU, such transaction would be subject to the consummation of GOL’s Chapter 11 Plan of Reorganization, as well as other closing conditions and approvals to be negotiated in connection with the potential transaction.

Under the terms of the MoU, should such a transaction be consummated, the two companies would be expected to keep their independent brands and operating certificates.

Abra and Azul have also agreed in the MoU to a business principle that any combination will result in net leverage of the combined entity that will be at least comparable to the net leverage of GOL immediately preceding the closing of the potential transaction.

For further information on the potential transaction, please see the MoU sent by Abra to the Company, available for consultation on the websites of the Company (www.voegol.com.br/ir), the CVM (gov.br/cvm) and the Brazilian Stock Exchange (B3 S.A. – Brasil, Bolsa, Balcão) (b3.com.br).

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