Air New Zealand completes share buyback program

Air New Zealand Limited has completed the acquisition of 2,719,763 ordinary shares, representing 0.0826% of its total financial products. This comprises 1,332,473 ordinary shares acquired on NZX and ASX, and 1,387,290 ordinary shares acquired off-market from the Crown. The acquisitions were made under a Board-approved buyback program announced on February 20, 2025.

The on-market acquisitions were priced at an average of NZD $0.5896 for NZX shares and AUD $0.5278 for ASX shares. The off-market acquisition from the Crown was priced at NZD $0.5894 per share. All shares were acquired for cash and are paid in full.

Following these acquisitions, the total number of ordinary shares excluding treasury stock is 3,289,481,485, with 93 shares held as treasury stock. The shares acquired on NZX and ASX on September 12, 2025, will be settled and cancelled on September 16, 2025, while those acquired off-market from the Crown on September 15, 2025, will be settled and cancelled on September 17, 2025.