Air New Zealand completes share buyback, reducing outstanding shares

Air New Zealand Limited has acquired a total of 476,279 ordinary shares through both on-market and off-market buyback programs. This comprises 233,340 shares acquired on NZX and ASX, and 242,939 shares acquired off-market from the Crown. The acquisitions, funded by cash, were conducted under a board-approved buy-back program announced on February 20, 2025.

The on-market acquisitions were priced at an average of NZD $0.6100 for NZX shares and AUD $0.5300 for ASX shares. The off-market acquisition from the Crown was priced at NZD $0.6111 per share. These shares represent 0.0147% of the total class of financial products.

Following these transactions, the total number of ordinary shares outstanding (excluding Treasury Stock) is 3,234,978,616, with 93 shares held as Treasury Stock. The acquired shares are designated for cancellation, with settlement and cancellation for NZX and ASX shares occurring on November 25, 2025, and for Crown shares on November 26, 2025.