Articles of association

Section 1

The name of the Company is Finnair Oyj, and its domicile is Helsinki. The name of the Company in Swedish is Finnair Abp and in English Finnair Plc.

Section 2

The company's field of business is to operate an airline by transporting passengers, cargo, and mail and to buy, sell, import, export, transport, store, lease and repair aircraft and their parts and supplies and to buy, sell, import, export, transport and store fuels and lubricants, and to provide hotel, forwarding, travel agency and other business operations relating to travelling and airline operations, as well as finance and insurance brokerage services and business operations related to the above. The company may also engage in, or support, activities that are aimed at ensuring the acceptability, and thereby the long-term profitability, of its business by increasing the positive effects and reducing the negative effects of its business on the environment and society. The company may conduct its business through subsidiaries, associated companies and joint ventures.

Section 3

The administrative bodies of the company are the Board of Directors and the Chief Executive Officer. A Deputy Chief Executive Officer may also be appointed for the company. The Board of Directors shall consist of a Chairperson and of a minimum of four (4) and a maximum of nine (9) other members.

Section 4

The Chair and the members of the Board of Directors shall be elected by the Annual General Meeting of shareholders, which shall also decide on the remuneration of the Chair and the members of the Board of Directors. The term of office of the members of the Board of Directors shall end at the closing of the first Annual General Meeting following their election. The Board of Directors shall elect a Deputy Chair from among its members.

Section 5

The Board of Directors shall constitute a quorum when more than half of its members are present.

Section 6

The Company is signed for by the Chair of the Board of Directors, the Chief Executive Officer and the Deputy Chief Executive Officer each separately, jointly by two members of the Board of Directors, and by those individuals whom the Board of Directors has authorised to represent the Company jointly with a member of the Board of Directors or with another individual authorised to represent the Company. The Board of Directors decides on the granting of powers of procuration.

Section 7

The accounts of the Company are closed annually on 31 December, and the final accounts shall be submitted to the auditors before 31 March.

Section 8

The company has one auditor. The auditor shall be an Auditing Firm referred to in the Auditing Act. The auditor shall be elected at the Annual General Meeting for a term which shall end at the closing of the first Annual General Meeting following the election.

Section 9

The Company has a reserve fund.

Section 10

The Board of Directors shall convene a General Meeting of shareholders in the manner it deems most suitable. Moreover, the convocation to the meeting shall be delivered to the shareholders by posting it on the Company's website no earlier than three months and no later than three weeks before the date of the meeting, and always at least nine days before the dividend record date.

Section 11

The Annual General Meeting of shareholders shall be held by the end of May each year. In order to be entitled to attend the meeting, a shareholder must register beforehand at the place and by the date specified in the notice of the meeting. The final date of registration may be at the earliest ten days before the meeting.

The Board of Directors may decide that the General Meeting of shareholders is arranged without a meeting venue in a manner where shareholders exercise their full decision-making powers in real time during the General Meeting of shareholders using telecommunications and technical means (virtual meeting).

Section 12

General Meetings of the company may be held in either Helsinki, Espoo or Vantaa.

At the Annual General Meeting, the following

are presented:

• the financial statements, the consolidated financial statements and the report of the Board of Directors, and the auditor's report;

decided on:

• the adoption of the financial statements and the consolidated financial statements,
• the use of the profit shown on the balance sheet,
• the discharge from liability of the members of the Board of Directors and the Managing Director,
• the remuneration of the members of the Board of Directors, and
• the number of members of the Board of Directors, and
• the remuneration of the auditor;

elected:

• the Chairperson and other members of the Board of Directors, and the auditor; and

addressed:

• any other matters mentioned in the notice of the Meeting.

Section 13

The Company's shares belong to the book-entry securities system.