Lufthansa Announces Medium-term Targets

Lufthansa Group said it aims to achieve an Adjusted EBIT margin of at least 8%
and an Adjusted ROCE, excluding cash. of at least 10% in 2024.

The Group has mandated banks to prepare a possible capital increase. The Economic Stabilization Fund or ESF is considering participating in a potential capital increase without the use of additional funds by way of a so-called Op?ration Blanche.

Lufthansa noted that its executive board and supervisory board have not yet taken a decision on the size and timing of a potential capital increase. In addition, the ESF has not yet given its approval.

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