Air NZ redeems remaining $200 million of redeemable shares

Air New Zealand has today redeemed the remaining $200 million of redeemable shares on issue to the Crown. Air New Zealand first issued $600 million of redeemable shares to the Crown in April and May 2022 as part of the airline's recapitalisation undertaken earlier this year. Air New Zealand elected to redeem $400 million of those shares in June 2022. In August 2022 the airline indicated that the remaining $200 million would be redeemed once the airline's recovery was further progressed. The redemption today is the final redemption, and this facility has now been cancelled. Ends. Authorised for release to NZX and ASX by: Jennifer Page General Counsel & Company Secretary jennifer.page@airnz.co.nz +64 27 909 0691 For investor relations questions, please contact: Kim Cootes Head of Investor Relations kim.cootes@airnz.co.nz +64 27 297 0244 For media enquiries, please contact: Air New Zealand Communications. Email: media@airnz.co.nz | Phone: +64 21 747 320 | Twitter: @AirNZMedia End CA:00403171 For:AIR Type:GENERAL Time:2022-11-28 13:20:45