Air NZ – Departure of Chief Commercial and Customer Officer

Chief Commercial and Customer Officer Cam Wallace has resigned from Air New Zealand. He will step away from the airline full time on 30 September, and will provide consultancy support to the Chief Executive Officer Greg Foran until the end of 2020. Cam has been with Air New Zealand for 19 years and has held a variety of senior and executive roles. "Cam has made an outstanding contribution to the airline and I thank him on behalf of all Air New Zealanders for that. Under Cam's leadership, Air New Zealand's passenger, cargo and loyalty revenues has experienced unparalleled growth over the past six years. He has been instrumental in developing new market opportunities, growing strategic alliance partnerships, expanding the loyalty footprint, and driving profitable growth throughout the airline's business" Mr Foran says. The Company will not be moving immediately to replace Cam's role and in the interim Greg Foran will take responsibility for leading the Commercial and Customer functions through the changing strategy which we will share after the Annual Shareholders' Meeting later this month. This announcement is made pursuant to Listing Rule 3.20.1 Ends. Leila Peters GM Corporate Finance leila.peters@airnz.co.nz +64 21 743 057 Kim Cootes Investor Relations Manager kim.cootes@airnz.co.nz +64 27 297 0244 End CA:00359154 For:AIR Type:ADMIN Time:2020-09-03 08:59:14