OFFERING CIRCULAR easyJet plc (incorporated with limited liability in England and Wales) easyJet FinCo B.V. (incorporated with limited liability in The Netherlands) each guaranteed by easyJet Airline Company Limited (incorporated with limited liability in England and Wales) and, in the case of Notes issued by easyJet FinCo B.V., easyJet plc, and in the case of Notes issued by easyJet plc, easyJet FinCo B.V. £3,000,000,000 Euro Medium Term Note Programme Under this £3,000,000,000 Euro Medium Term Note Programme (the Programme), easyJet plc (easyJet plc) and easyJet FinCo B.V. (easyJet B.V. and, together with easyJet plc, the Issuers and each an Issuer) may from time to time issue notes (the Notes) denominated in any currency agreed between the relevant Issuer and the relevant Dealer (as defined below). The payments of all amounts due in respect of: (i) Notes issued by easyJet B.V., will be guaranteed jointly and severally by easyJet plc and easyJet Airline Company Limited (EACL); and (ii) Notes issued by easyJet plc, will be guaranteed jointly and severally by EACL and easyJet B.V., and, in each case, each (if any) other entity appointed as an additional guarantor (each an Additional Guarantor and, together with (i) in the case of Notes issued by easyJet B.V., easyJet plc and EACL; and (ii) in the case of Notes issued by easyJet plc, easyJet B.V. and EACL, but not including any such entity that has ceased to be a guarantor in accordance with the Conditions and the Trust Deed, the Guarantors) (See "Risk Factors – Risks related to Notes generally – Each Guarantee may be terminated" below). The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed £3,000,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. The Notes may be issued on a continuing basis to one or more of the Dealers specified under "Overview of the Programme" and any additional Dealer appointed under the Programme from time to time by the relevant Issuer (each a Dealer and together the Dealers), which appointment may be for a specific issue or on an ongoing basis. References in this Offering Circular to the relevant Dealer shall, in the case of an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to subscribe such Notes. An investment in Notes issued under the Programme involves certain risks. For a discussion of these risks see "Risk Factors". This Offering Circular has been approved as a base prospectus by the Financial Conduct Authority (the FCA), as competent authority under Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the EUWA) (the UK Prospectus Regulation). The FCA only approves this Offering Circular as meeting the standards of completeness, comprehensibility and consistency imposed by the UK Prospectus Regulation. Approval by the FCA should not be considered as an endorsement of the Issuers or the Guarantors or of the quality of the Notes. Investors should make their own assessment as to the suitability of investing in the Notes. Application has been made to the FCA for Notes issued under the Programme during the period of 12 months from the date of this Offering Circular to be admitted to the official list of the FCA (the Official List) and to the London Stock Exchange plc (the London Stock Exchange) for such Notes to be admitted to trading on the London Stock Exchange's main market. This Offering Circular (as supplemented as at the relevant time, if applicable) is valid for 12 months from its date in relation to Notes which are to be admitted to trading on a regulated market in the United Kingdom (the UK). The obligation to supplement this Offering Circular in the event of a significant new factor, material mistake or material inaccuracy does not apply when this Offering Circular is no longer valid. References in this Offering Circular to Notes being listed (and all related references) shall mean that such Notes have been admitted to trading on the London Stock Exchange's main market and have been admitted to the Official List. The London Stock Exchange's main market is a UK regulated market for the purposes of Regulation (EU) No 600/2014 on Markets in Financial Instruments as it forms part of domestic law by virtue of the EUWA (UK MiFIR). Notice of the relevant Issuer, the aggregate nominal amount of Notes, interest (if any) payable in respect of Notes, the issue price of Notes and certain other information which is applicable to each Tranche (as defined under "Terms and Conditions of the Notes") of Notes will be set out in a final terms document (the Final Terms) which, where listed, will be delivered to the FCA and the London Stock Exchange. Copies of Final Terms in relation to Notes to be listed on the London Stock Exchange will also be published on the website of the London Stock Exchange through a regulatory information service. References in this Offering Circular to the Relevant Issuer shall, in relation to any Tranche of Notes, be references to the Issuer which is, or is intended to be, the Issuer of such Notes as indicated in the applicable Final Terms. The Programme provides that Notes may be listed or admitted to trading, as the case may be, on such other or further stock exchanges or markets as may be agreed between the Relevant Issuer, the Guarantor(s) and the relevant Dealer. 1 easyJet plc has been rated Baa3 (negative) by Moody’s Investors Service Ltd (Moody’s) and BBB- (negative) by S&P Global Ratings, acting through S&P Global Ratings UK Limited (S&P). EACL has been rated BBB- (negative) by S&P. The Programme has been rated (P)Baa3 by Moody’s and BBB- by S&P. Each of Moody’s and S&P is established in the United Kingdom and is registered in accordance with Regulation (EC) No. 1060/2009 as it forms part of domestic law by virtue of the EUWA (the UK CRA Regulation). Each of Moody’s and S&P is not established in the European Union and has not applied for registration under Regulation (EC) No. 1060/2009 (as amended) (the CRA Regulation). Notes issued under the Programme may be rated or unrated by either of the rating agencies referred to above. Where a Tranche of Notes is rated, such rating will be disclosed in the Final Terms and will not necessarily be the same as the rating assigned to the Programme by the relevant rating agency. A credit rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, reduction or withdrawal at any time by the assigning rating agency. Arranger SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING Dealers Barclays BofA Securities Société Générale Corporate & Investment Banking The date of this Offering Circular is 10 February 2021. 2 IMPORTANT INFORMATION This Offering Circular comprises a base prospectus in respect of all Notes issued under the Programme for the purposes of Article 8 of the UK Prospectus Regulation. When used in this Offering Circular, Prospectus Regulation means Regulation (EU) 2017/1129 and UK Prospectus Regulation means Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the EUWA). Each of easyJet plc, easyJet B.V. and EACL accepts responsibility for the information contained in this Offering Circular and the Final Terms for each Tranche of Notes issued under the Programme. To the best of the knowledge of each of easyJet plc, easyJet B.V. and EACL the information contained in this Offering Circular is in accordance with the facts and this Offering Circular makes no omission likely to affect its import. This Offering Circular is to be read in conjunction with all documents which are deemed to be incorporated herein by reference (see "Documents Incorporated by Reference"). This Offering Circular shall be read and construed on the basis that such documents are incorporated and form part of this Offering Circular. Other than in relation to the documents which are deemed to be incorporated by reference (see “Documents Incorporated by Reference”), the information on the websites to which this Offering Circular refers does not form part of this Offering Circular and has not been scrutinised or approved by the FCA. Neither the Dealers, the Trustee (as defined below) nor any other party, save for easyJet plc, easyJet B.V. and EACL, have independently verified the information contained herein. Accordingly, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted by the Dealers or the Trustee as to the accuracy or completeness of the information contained or incorporated in this Offering Circular or any other information provided by the Issuers or the Guarantors in connection with the Programme. No Dealer or the Trustee accepts any liability in relation to the information contained or incorporated by reference in this Offering Circular or any other information provided by the Issuers or the Guarantors in connection with the Programme. No person is or has been authorised by the Issuers, the Guarantors or the Trustee to give any information or to make any representation not contained in or not consistent with this Offering Circular or any other information supplied in connection with the Programme or the Notes and, if given or made, such information or representation must not be relied upon as having been authorised by the Issuers, the Guarantors, any of the Dealers or the Trustee.