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19 December 2019

Dear WIZZ Team,

Our continuing high growth and geographic diversification creates a requirement to constantly plan for the
future scalability and evolution of our core functions. In light of this we are further refining our subsidiary
structure, to up our corporate finance activities and at the same time to bring further focus on our aircraft
delivery program and associated financing requirements.

In line with the above commitment, the following changes will be made to the Wizz Air Group organization
effective from 1 February 2020:

JOURIK HOOGHE will join the company as Executive Vice President and Group Chief Financial Officer, based
in Geneva. Jourik will report to the Company's Chief Executive Officer and will be a member of the
Company's executive team. He will be responsible for Wizz Air's Finance and Supply Chain organizations
with the Company's Chief Investment Officer, Chief Supply Chain Officer, Head of Financial Planning and
Controlling and Head of Accounting as direct reports.

Jourik has a proven track record as a global operating executive with 20 years of experience in strategy,
operations and finance for consumer goods and retail businesses. He worked eighteen years with Procter
& Gamble (P&G), a world leading consumer goods company, where his responsibilities covered various
roles in finance, including Head of Global Strategy and Regional CFO of multi-billion dollar businesses across
Europe, India, Middle-East and Africa and Greater China. In January 2018, he joined the Adecco Group as
Senior Vice President, Group Strategy, Finance and Accounting, where he led the evolvement of the
company strategy, step changed the performance framework and transformed the finance and accounting
team into a high-impact, data and technology-driven organization.

IAIN WETHERALL will be appointed to the newly created C hief Investment Officer position reporting to the
EVP and Group CFO. His responsibilities will extend over corporate finance, investor relations, strategic
analytics and subsidiary financial governance. Iain will remain a member of the Company’s executive team
based in Geneva.

Iain joined Wizz Air in July 2011 as Head of Corporate Finance and, following the Company's initial public
offering in 2015, he also led the Company's investor relations function before taking on the Head of
Financial Planning and Control and Investor Relations in 2016. He then became the Chief Financial Officer
in August 2017. He is a chartered accountant, holds an Advanced Treasury Diploma from the Association
of Corporate Treasurers, a Securities and Investment Diploma from the Chartered Institute for Se curities
and Investments and was a Securities Representative authorized by the Securities and Futures Authority
(now Financial Conduct Authority).
I am delighted to be welcoming Jourik as Wizz Air's Executive Vice President and Group CFO as well as
congratulating Iain on his new assignment. This new energy and additional capacity in finance will ensure
we maintain our ultra-low cost base to become the undisputed cost leader among European airlines while
continuing to deliver one of the highest profit margins in the industry.

József Váradi
Chief Executive Officer

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