AIRRG – Reference Price and trading halt

To: Market Participants From: NZX Product Operations Date: Monday, 4 April 2022 Subject: Air New Zealand Limited Rights ("AIRRG") - Reference Price and trading halt Message: NZX Product Operations provides a further update to the reference price for AIRRG. The reference price for each AIRRG right has been updated to $0.49. The price adjustment has been made to reflect the correct ratio of 1 AIRRG right being exercised to 2 Air New Zealand Shares. The further update to the AIRRG reference price is solely the result of an internal NZX issue and NZX apologises for any inconvenience caused. The trading of AIRRG rights was halted at 11.04am. Trading in AIRRG rights will resume at 11.55am. No trading halt was applied to other AIR securities. Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries. ENDS End CA:00390029 For:AIR Type:HALT Time:2022-04-04 11:47:49