Air New Zealand completes share buyback, reduces outstanding shares

Air New Zealand has acquired a total of 1,486,387 ordinary shares through a board-approved buyback program, representing 0.0459% of its total class of financial products. This acquisition comprised 728,214 shares from on-market purchases on NZX and ASX, and 758,173 shares acquired off-market from the Crown. All acquired shares will be cancelled and will not be held as treasury stock.

The on-market acquisitions included 370,977 shares on NZX at an average price of NZD $0.6162 and 357,237 shares on ASX at an average price of AUD $0.5379. The off-market acquisition from the Crown was priced at NZD $0.6200 per share.

Following these transactions, the total number of ordinary shares outstanding is 3,237,400,405, with 93 shares held as Treasury Stock. The shares acquired on NZX and ASX on November 13, 2025, are set for settlement and cancellation on November 17, 2025, while shares from the Crown acquired on November 14, 2025, will settle and cancel on November 18, 2025.