Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 218

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 9
Chunk 218
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 Exchange must immediately request that issuers disclose any information relating to material events when it deems the available
public information to be insufficient, as well as instruct issuers to clarify information when necessary. The Mexican Stock Exchange may
request that issuers confirm or deny any material event that has been disclosed to the public by third parties when it deems that the
material event may affect or influence the price of the listed securities. The Mexican Stock Exchange must immediately inform the CNBV
of any such request. In addition, the CNBV may also make any of these requests directly to issuers. An issuer may delay the disclosure
of material events if:

  the issuer implements adequate confidentiality measures (including maintaining a log with the names of parties in possession of confidential  

  the information is related to incomplete transactions;  

  there is no misleading public information relating to the material event; and  

  no unusual price or volume fluctuation occurs.  

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Similarly, if an issuer’s securities are traded on both
the Mexican Stock Exchange and a foreign securities exchange, the issuer must simultaneously file the information that it is required
to file pursuant to the laws and regulations of the foreign jurisdiction with the CNBV and the Mexican Stock Exchange.

Suspension of Trading

In addition to the authority of the Mexican Stock Exchange
under its internal regulations described above, the CNBV and the Mexican Stock Exchange may suspend trading in an issuer’s securities:

  if the issuer does not disclose a material event; or  

  upon price or volume volatility or changes in the trading of the relevant securities that are not consistent with the historic performance  

The Mexican Stock Exchange must immediately inform the CNBV
and the general public of any suspension. An issuer may request that the CNBV or the Mexican Stock Exchange permit trading to resume if
it demonstrates that the causes triggering the suspension have been resolved and that it is in full compliance with periodic reporting
requirements. If an issuer’s request has been granted, the Mexican Stock Exchange will determine the appropriate mechanism to resume
trading (which may include a bidding process to determine applicable prices). If trading in an issuer’s securities is suspended
for more than 20 business days and the issuer is authorized to resume trading without conducting a public offering, the issuer must disclose
via SEDI, before trading may resume, a description of the causes that resulted in the suspension.

Under consent regulations, the Mexican Stock Exchange may
consider the measures adopted by other non-Mexican exchanges to suspend and/or resume trading of