Air New Zealand completes share buyback program, reducing outstanding shares

Air New Zealand Limited has completed its previously announced share buyback program, acquiring a total of 1,174,772 ordinary shares. This includes 575,547 shares acquired on NZX and ASX, and 599,225 shares acquired off-market from the Crown. The acquisitions were made under a Board-approved program announced on February 20, 2025.

Shares acquired on NZX involved 430,739 ordinary shares at an average price of NZD $0.5950, while 144,808 ordinary shares were acquired on ASX at an average of AUD $0.5238. The off-market acquisition from the Crown involved 599,225 ordinary shares at NZD $0.5954. All acquired shares will be cancelled and not held as Treasury Stock.

Following these transactions, the total number of ordinary shares in the class stands at 3,259,293,962, with 93 shares held as Treasury Stock. The acquisitions represent 0.0360% of the total outstanding financial products of the class. Shares acquired on NZX and ASX on October 14, 2025, are to be settled and cancelled on October 16, 2025, with Crown shares acquired on October 15, 2025, to be settled and cancelled on October 17, 2025.