Santiago (Chile), September 8, 2025 - LATAM Airlines Group S.A. (“LATAM” or the “Company”), the leading passenger and cargo
airline group in South America, today announced that one of its shareholders launched a public offering to sell 6,000,000
American Depositary Shares (the “ADSs”), each representing 2,000 common shares of LATAM. No shares are being sold by the
Company, and LATAM will not receive any proceeds from the sale of ADSs by the selling shareholder. The last reported per ADS
price of LATAM ADS on September 5, 2025 was $50.34.
Goldman Sachs & Co. LLC and Barclays Capital Inc. are acting as underwritersfor the offering. A registration statement on Form
F-3 (the “Registration Statement”), including a prospectus, relating to the ADSs was filed with the U.S. Securities and Exchange
Commission (the “SEC”) on July 18, 2024 and became effective automatically.
The proposed offering will be made by means of the prospectus in the Registration Statement and a prospectus supplement.
You may access these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the
prospectus and the preliminary prospectus supplement may be obtained by contacting Goldman Sachs & Co. LLC, Attention:
Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at 1-866-471-2526 and Barclays Capital Inc.,
c/o Broadridge Financial Solutions,1155 Long Island Avenue, Edgewood, NY 11717 or by email at
barclaysprospectus@broadridge.com.
This press release is for informative purposes only under the current applicable laws and regulations and shall not constitute
an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in
which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any
such state or jurisdiction.