Air New Zealand completes share buy-back programme

Air New Zealand Limited has acquired a total of 1,103,465 ordinary shares through a combination of on-market and off-market buy-back programmes. This includes 540,612 ordinary shares acquired on NZX and ASX, and 562,853 ordinary shares acquired off-market from the Crown. The acquisitions represent 0.0340% of the total class of financial products in existence.

The on-market acquisitions were priced at an average of NZD $0.5939 for NZX shares and AUD $0.5222 for ASX shares. The off-market acquisition from the Crown was priced at NZD $0.5945 per share. All payments were made in cash and paid in full. These shares will be cancelled and will not be held as treasury stock.

The on-market shares acquired on NZX and ASX on October 31, 2025, are scheduled for settlement and cancellation on November 4, 2025. The off-market shares acquired from the Crown on November 3, 2025, are slated for settlement and cancellation on November 5, 2025. Post-acquisition, the total number of ordinary shares excluding treasury stock stands at 3,246,846,405.