Air New Zealand buys back shares under approved programme

Air New Zealand Limited has completed the acquisition of 490,743 ordinary shares as part of its board-approved buy-back programme. This includes 240,426 ordinary shares acquired on NZX and ASX, and an additional 250,317 shares purchased off-market from the Crown. The transactions were made via cash payments.

The on-market acquisitions were priced at an average of NZD $0.6091 for shares on NZX and AUD $0.5303 for shares on ASX. The off-market acquisition from the Crown was executed at NZD $0.6095 per share. All acquired shares will be cancelled and will not be held as treasury stock.

Shares acquired on NZX and ASX on November 7, 2025, are scheduled for settlement and cancellation on November 11, 2025. Shares acquired off-market from the Crown on November 10, 2025, will be settled and cancelled on November 12, 2025. Following these transactions, the total number of ordinary shares after the buy-back stands at 3,240,086,471, with 93 shares held as treasury stock.