Air New Zealand completes share buy-back program

Air New Zealand Limited has completed the acquisition of 3,915,045 ordinary shares, as part of a board-approved buy-back program announced on February 20, 2025. This acquisition comprises 1,918,068 shares from on-market purchases on NZX and ASX, and an additional 1,996,977 shares acquired off-market from the Crown, represented by the minister of finance. These shares will be cancelled and not held as treasury stock.

The on-market acquisitions were executed at an average price of NZD $0.5902 for NZX-acquired shares and AUD $0.5300 for ASX-acquired shares. The off-market acquisition from the Crown was priced at NZD $0.5903 per share. These transactions represent a 0.1192% reduction in the total class of financial products.

Following these acquisitions, the total number of ordinary shares after conversion will be 3,280,198,414, with 93 shares held as treasury stock. The shares acquired on NZX and ASX on September 19, 2025, are scheduled for settlement and cancellation on September 23, 2025, while the shares acquired off-market from the Crown on September 22, 2025, will be settled and cancelled on September 24, 2025.