Air New Zealand Limited (ANZLY) Shareholder/Analyst Call Transcript

Air New Zealand Limited ( ANZLY ) Shareholder/Analyst Call September 23, 2026 10:00 PM EDT Company Participants Dame Walsh Nikhil Ravishankar - Chief Executive Officer Julia Belk Dean Bracewell Laurissa Cooney Robert McDonald Campbell Wilson Kris Cudmore - Chief Financial Officer Kiri Hannifin - Chief Sustainability & Corporate Affairs Officer Nathan McGraw - Chief Safety & Risk Officer Kate Boyer - Chief Operations Officer of Ground & Inflight Presentation Unknown Executive A very warm welcome to you all. Thank you for joining the Annual Shareholders' Meeting. I'd like to now introduce the Chair of Air New Zealand's Board of Directors, Dame Therese Walsh. Dame Walsh [Foreign Language] Good afternoon, everyone, and welcome. My name is Therese Walsh, and I am the Chair of Air New Zealand's Board. It is a pleasure to welcome everyone online today to the 2026 Annual Shareholder Meeting. We welcome you from our state-of-the-art Hangar 4 based in Auckland, which opened late last year. At Air New Zealand, we are committed to making our shareholder meetings as accessible as possible. However, in light of this year's financial result and our current elevated costs, we have considered all cost-saving initiatives and have chosen to hold the meeting virtually only today. The cost of holding an in-person meeting is not insignificant, but this is not a precedent for all future meetings, and we will consider all options and locations again each year. We hope that our virtual meeting will continue to support strong participation engagement with our shareholders, and we encourage you to participate through the question-and-answer sessions. I would like to remind you that our comments today will include certain forward-looking statements regarding our future expectations, which may differ from actual results. We ask that you read through the disclaimer and forward-looking cautionary statement provided here on Slide 2 of the presentation. Before we begin our formal