Air New Zealand completes share buy-back program

Air New Zealand has completed a share buy-back program, acquiring a total of 794,228 ordinary shares. This includes 389,110 shares acquired on NZX and ASX, and an additional 405,118 shares purchased off-market from the Crown, as part of a board-approved initiative announced on February 20, 2025.

The on-market acquisitions were priced at an average of NZD $0.5959 for shares on NZX and AUD $0.5279 for shares on ASX. The off-market acquisition from the Crown was completed at NZD $0.5961 per share. All acquisitions were made for cash, with the shares paid in full.

Following these transactions, the total number of ordinary shares (excluding treasury stock) now stands at 3,278,041,250, with 93 shares held as treasury stock. The acquired shares represent 0.0242% of the total class of financial products and will be cancelled, not held as treasury stock. The on-market shares are scheduled for settlement and cancellation on September 29, 2025, while the off-market shares will be settled and cancelled on September 30, 2025.