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Annual report and accounts 2016

96 Report of the

96 Report of the Remuneration Committee continued Directors’ share options The following directors held nil-cost options over ordinary shares of the Company granted under the IAG PSP. Director Executive Directors Willie Walsh Date of grant May 28, 2015 March 7, 2016 Number of options at January 1, 2016 Exercise price Options exercised during the year Options lapsed during the year Options granted during the year Exercisable from 309,091 – – – – January 1, 2020 – – – – 314,233 January 1, 2021 Expiry date December 31, 2024 December 31, 2025 Number of options at December 31, 2016 309,091 314,233 Total 309,091 – – – 314,233 623,324 Enrique Dupuy de Lôme May 28, 2015 March 7, 2016 112,364 – – – – January 1, 2020 – – – – 145,647 January 1, 2021 December 31, 2024 December 31, 2025 112,364 145,647 Total 112,364 – – – 145,647 258,011 The performance conditions for both the 2015 and 2016 PSP awards above will be tested to determine the level of vesting. For both these awards, one-third of the award is subject to TSR performance measured against an index, one-third is subject to adjusted Earnings per Share (EPS) performance, and one-third is subject to Return on Invested Capital (RoIC) performance. The performance conditions will be measured over a single three year performance period. For both these awards, following the performance period there is an additional holding period of two years. The value attributed to the Company’s ordinary shares in accordance with the plan rules on the dates of the PSP awards were as follows: 2016: 541 pence; and 2015: 550 pence. INTERNATIONAL AIRLINES GROUP Annual Report and Accounts 2016

97 Incentive Award Deferral Plan The following directors held conditional awards over ordinary shares of the Company granted under the IAG IADP (awarded as a result of IAG performance for the periods that ended December 31, 2013; December 31, 2014 and December 31, 2015). Director Relates to incentive award earned in respect of performance Date of award Number of awards at January 1, 2016 Awards released during the year Date of vesting Awards lapsing during the year Awards made during the year Number of awards at December 31, 2016 Executive Directors Willie Walsh 2013 March 6, 2014 149,353 – March 6, 2017 – – 149,353 2014 May 28, 2015 151,111 – March 8, 2018 – – 151,111 2015 March 7, 2016 – – March 7, 2019 – 125,693 125,693 Total 300,464 – – 125,693 426,157 Enrique Dupuy de Lôme 2012 March 6, 2013 62,241 62,241 March 6, 2016 – – – 2013 March 6, 2014 50,862 – March 6, 2017 – – 50,862 2014 May 28, 2015 50,252 – March 8, 2018 – – 50,252 2015 March 7, 2016 – – March 7, 2019 – 44,665 44,665 Total 163,355 62,241 – 44,665 145,779 There are no performance conditions to be tested before vesting for the IADP, except that the director must still be employed by the Company at the time of vesting. The value attributed to the Company’s ordinary shares in accordance with the plan rules on the date of the 2016 IADP award was 541 pence (2015: 550 pence; 2014: 435 pence; and 2013: 241 pence). The value attributed to the Company’s ordinary shares in accordance with the plan rules on the date of the 2013 IADP award was 241 pence. The share price on the date of the vesting of this award (March 7, 2016) was 540 pence. The money value of the shares received was the share price on the date of the vesting multiplied by the number of shares in respect of the award vested, as shown in the table above. Strategic Report Corporate Governance Financial Statements Additional Information www.iairgroup.com

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