We are the largest airline group in South America, with over twice the number of flights of any other airline group in the region, and one of the ten largest airline groups in the world, as measured by the number of flights operated by us in the twelve months ended March 31, 2024. For the three months ended March 31, 2024, we were ranked as the number one or two carrier by market share in every major aviation market in South America where LATAM group operates domestically, and we also maintained the largest international network to and from South America with long-haul transcontinental service to destinations across North America, Europe, Africa and Oceania. As of March 31, 2024, the LATAM group provided passenger transport services to 148 destinations in 26 countries and cargo services to 166 destinations (18 of which are cargo-only) in 33 countries (7 of which are cargo-only), with an operating fleet of 336 aircraft, including 20 dedicated cargo freighters, and 36,477 employees. LATAM group’s origins date back to 1929 when the Chilean government originally founded LAN Airlines S.A. (“LAN”), which was Chile’s flag carrier. Following years of significant expansion, LAN merged with TAM S.A. of Brazil in 2012 and was renamed LATAM Airlines Group S.A.