Volaris (VOLARA) investor relations material

Market position and growth strategy

• Leading ultra-low-cost carrier (ULCC) in the Americas with $3.3B annual operating revenue and 31.9M passengers as of 2Q'26.

• Operates ~600 daily departures across 75 airports, with a balanced 57% domestic and 43% international network.

• Focused on growing the core ULCC passenger base, diversifying customer segments, and enhancing high-value ancillary offerings.

• Strategy underpinned by a flexible cost structure, optimized fleet, robust liquidity, and proven financial discipline.

• Positioned to capture further growth in Mexico's underpenetrated air travel market, with significant bus-to-air conversion potential.

Network and customer diversification

• Leader in Mexican domestic market, serving 46 domestic destinations and leading at over half the airports.

• Unmatched U.S.-Mexico transborder footprint with 24 U.S. destinations, leveraging a large Hispanic population and VFR demand.

• Network and product enhancements target VFR, leisure, business, and multi-reason travelers.

• Expanding international mix boosts U.S. dollar revenues and reduces FX exposure.

• Codeshare partnerships with Copa, Frontier, Hainan, Iberia, and Turkish Airlines expand global reach.

Ancillary revenue and customer engagement

• Non-ticket sales account for 56% of total revenues, driven by memberships, co-branded credit cards, and vacation packages.

• v.club membership represents ~17% of total revenues; INVEX co-branded credit card has over 1M cardholders.

• Loyalty program 'altitude' integrates with INVEX card, enhancing customer retention and engagement.

• Enhanced digital tools and mobile app drive personalization and direct sales.

• Ancillaries provide a structural margin tailwind as volumes increase.