Auckland Airport issues new executive share options for performance alignment

Auckland International Airport Limited (AIA) has issued 209,702 options to acquire ordinary shares as part of its Long Term Incentive Scheme FY26. These options are convertible into ordinary shares on a 1:1 ratio upon vesting, with an additional entitlement to shares to account for dividends paid during the vesting period. The issuance was authorized under the AIA Executive Long Term Incentive Scheme Rules and a board resolution dated October 9, 2024, in accordance with NZX Listing Rule 4.6.1.

If all options vest and are exercised, this represents 0.01237% of the ordinary shares currently on issue. The options vest upon achievement of specific conditions determined by the board. Each option entitles the holder to subscribe for one ordinary share for no consideration, plus an additional entitlement for dividends.

Following this issuance, the total number of options in the class is 768,210, alongside 1,694,973,503 ordinary shares currently on issue. The issue date for these options is October 30, 2025. Louise Martin, company secretary, is the authorized contact for this announcement, which is scheduled for release on October 31, 2025.