Air France-KLM renews Marjan Rintel’s mandate as President & CEO of KLM

Rhea-AI Summary

Air France-KLM (OTC:AFLYY) announced the Board has renewed Marjan Rintel as President & CEO of KLM for a second four-year term, effective after the 2026 AGM. Her mandate focuses on accelerating KLM's transformation, restoring operational performance, and improving financial results to meet Group medium-term targets.

Rintel, in office since July 2022, remains a member of the Group Executive Committee and reports to Group CEO Benjamin Smith, who confirmed continued Group support and additional synergies to help KLM reach its targets.

Positive

• Leadership continuity with a 4-year mandate renewal
• Board commitment to support and synergies from the Group
• Clear strategic focus on operational restoration and transformation

Negative

• Statement acknowledges ongoing operational and financial challenges at KLM
• Adverse Dutch aviation environment cited, including higher taxes and external costs

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Paris, February 2, 2026

Air France-KLM renews Marjan Rintel’s mandate as President & CEO of KLM

Air France-KLM's Board of Directors today approved the renewal of Marjan Rintel’s mandate as President & Chief Executive Officer of its subsidiary KLM Royal Dutch Airlines for a second term of 4 years.

Marjan Rintel’s priority will be to accelerate KLM’s transformation and to restore its operational performance. These combined actions - which include organizational changes in the management of operations, are destined to restore KLM’s financial performance and to put it on the right track to meet the Group’s medium-term targets.

Marjan Rintel took office in July 2022, with her initial mandate set to expire at the 2026 AGM.

She is a member of the Group’s Executive Committee and reports to Group CEO Benjamin Smith.

Florence Parly, Chair of Air France-KLM’s Board of Directors said: “Under the helm of Marjan Rintel, KLM has taken strong action to improve its performance, with promising results. Much remains to be done, and having stability in challenging times like these is essential. The Board of Directors and myself will do our utmost to support Marjan in her efforts to make KLM, as a core subsidiary of the Air France-KLM Group, stronger and future-proof.”

Benjamin Smith, CEO of Air France-KLM said: “Over the past four years, Marjan and her teams have worked tirelessly to restore KLM’s capacity in the post-Covid era, facing an adverse Dutch aviation environment with significant increases of taxes and external costs. The demanding work on restoring operational and financial performance will continue in the years ahead, and I am confident that with Marjan’s resolve and leadership, KLM will reach its targets, bringing strong value to our Group. The Group will increase its support to KLM and ensure additional synergies are found. Marjan has my full trust and support to tackle the considerable challenges that KLM faces.”

About Marjan Rintel:

Marjan E. F. Rintel has a strong track record in civil aviation. After her studies in Business Administration at the University of Groningen, Rintel worked in various roles at Royal Schiphol Group. In 1999, she moved to KLM and held a number of different positions. She got to know the company from the inside: operationally and commercially. In 2014, Rintel joined NS (Dutch Railways) where she held the position of Operational Director in the Executive Board for 6 years before being appointed Chairwoman of the Board in 2020.

On July 1^st, 2022, she returned to KLM as President and CEO.

Investor Relations                                                        
Michiel Klinkers                        Marouane Mami                                                            

michiel.klinkers@airfranceklm.com        marouane.mami@airfranceklm.com
Website : www.airfranceklm.com

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• Air France-KLM renews Marjan Rintel’s mandate as President & CEO of KLM

FAQ

Who did Air France-KLM renew as President & CEO of KLM on February 2, 2026 (AFLYY)?

Air France-KLM renewed Marjan Rintel for a second four-year term as President & CEO of KLM. According to Air France-KLM, the mandate continues after the 2026 AGM with a focus on restoring operational and financial performance.

What are Marjan Rintel’s main priorities after her AFLYY mandate renewal in 2026?

Her main priorities are to accelerate KLM’s transformation and restore operational performance. According to Air France-KLM, this includes organizational changes and actions aimed at improving KLM's financial results to meet Group medium-term targets.

How long is Marjan Rintel’s renewed mandate at KLM under Air France-KLM (AFLYY)?

Marjan Rintel’s renewed mandate is for four years, beginning after the 2026 AGM. According to Air France-KLM, she previously took office in July 2022 and will continue reporting to Group CEO Benjamin Smith.

What did Air France-KLM say about Group support for KLM after the AFLYY leadership renewal?

The Group said it will increase support and seek additional synergies to help KLM reach its targets. According to Air France-KLM, the Board and management will back Rintel’s efforts amid operational and cost challenges.

Does Marjan Rintel report to the Group CEO after the AFLYY renewal and is she on the Executive Committee?

Yes. Marjan Rintel remains a member of the Group Executive Committee and reports to Group CEO Benjamin Smith. According to Air France-KLM, this reporting line continues to align KLM with Group strategy and oversight.