Update on Actions Taken in Response to COVID-19

Update on Actions Taken in Response to COVID-19

DATALEX PLC Update on actions taken in response to COVID-19 Dublin, Ireland – 2 April 2020: Datalex plc (the “Company” or the “Group”) (Euronext Dublin: DLE) today provides an update on the impact of the COVID-19 pandemic. Since our statement regarding COVID-19 on 12 March 2020, market conditions have deteriorated and, as widely reported, the travel restrictions imposed to control the spread of COVID-19 are having a significant and negative impact on our airline customers. This is an unprecedented time for our industry, and it is difficult to accurately quantify the likely impact of COVID-19 on our financial and trading performance at this stage. However, Datalex has taken immediate action to offset the expected significant impact on the Group’s revenues in 2020 and to protect overall outturn for the year by reducing operating expenses and improving cash flows. These actions include a targeted redundancy programme, re-negotiating business partner arrangements, eliminating discretionary spending, freezing recruitment, implementing voluntary leave options and temporary reduced working hours for all employees. The Board believes that these actions, together with the support of our customers and ongoing flexibility from our business partners, mean that the Group is well positioned to withstand the impact of COVID-19 and to look to the future following the pandemic with confidence. We continue to monitor the situation closely and will take further appropriate and timely action if required. Investor Enquiries Media Enquiries Sean Corkery Michael Moriarty Datalex plc FleishmanHillard +353 1 806 3500 +353 87 243 2550 [email protected] [email protected] About Datalex Datalex is a market leader in digital commerce for travel retail. The Datalex Digital Commerce Platform provides airlines with a unique solution to drive revenue and profit as digital retailers. Today the platform enables a travel marketplace of over one billion shoppers covering every corner of the globe, driven by some of the world’s most innovative airline retail brands. Datalex’s customers include Air China, JetBlue Airways, Hainan Group, SAS, Philippine Airlines, Aer Lingus, Brussels Airlines, Air Transat, STA Travel and Trailfinders. The Group is headquartered in Dublin, Ireland, and maintains offices across Europe, the USA and China. Datalex plc is a publicly listed company on Euronext Dublin (DLE). Learn more at www.datalex.com or follow on twitter @Datalex. .

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