Air New Zealand completes share buyback, reducing outstanding stock

Air New Zealand Limited has completed the acquisition of 2,253,370 ordinary shares through both on-market and off-market buyback programs, representing 0.0695% of its total financial products. This initiative includes 1,103,976 shares acquired on the NZX and ASX, and 1,149,394 shares acquired off-market from the Crown. These acquisitions align with the company's buyback program announced on February 20, 2025.

The on-market acquisitions involved an average price of NZD $0.6126 for shares on the NZX and AUD $0.5306 for shares on the ASX. The off-market acquisition from the Crown was priced at NZD $0.6125 per share. All acquired shares were paid in full with cash, will not be held as treasury stock, and are scheduled for cancellation.

Following these transactions, the total number of ordinary shares excluding treasury stock stands at 3,240,577,214, with 93 shares held as treasury stock. The shares acquired on NZX and ASX were settled and canceled on November 10, 2025, while those from the Crown were settled and canceled on November 11, 2025.