Apollo affiliate sells all 6.35M shares of Sun Country; company buys back 630,914 shares

Sun Country Airlines Holdings, Inc.

Selling Stockholder (Apollo affiliate) sold 6,346,105 shares of SNCY common stock in secondary offering; company received no proceeds.
Company concurrently repurchased 630,914 shares from underwriters at same price, using existing cash on hand.
Apollo's governance rights under Stockholders Agreement and Registration Rights Agreement terminated upon closing.
Repurchase terms approved by audit committee and full board of directors.

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