Disclosure of Director and Senior Mngrs Relevant Interests

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: Air New Zealand
Date this disclosure made:23-Sep-19
Date of last disclosure: 21-Dec-18
Director or senior manager giving disclosure
Full name(s):Christopher Luxon
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:CEO
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:2,006,004
Number held in class after acquisition or disposal:1,083,226
Current registered holder(s):Christopher Luxon
Registered holder(s) once transfers are registered:Christopher Luxon
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:3,380,636
Number held in class after acquisition or disposal:4,303,414
Current registered holder(s):Christopher Luxon
Registered holder(s) once transfers are registered:Christopher Luxon
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
20-Sep-19
Nature of transaction:
Exercise of Rights to acquire
Ordinary Shares upon
satisfaction of terms
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:
922,778 Rights were
exercised to acquire shares,
on a one-for-one basis, at no
cost
Number of financial products to which the transaction related:
922,778 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):
Summary of other relevant interests after acquisition or disposal

Class of affected quoted financial products:
Restricted Rights convertible
to Ordinary Shares
("Restricted Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
terms of the Restricted Rights
For that relevant interest-
Number held in class:372,815
Current registered holder(s):Christopher Luxon
Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Sep-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: Air New Zealand
Date this disclosure made:23-Sep-19
Date of last disclosure: 15-Oct-18
Director or senior manager giving disclosure
Full name(s):Jeff McDowall
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Chief Financial Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to
Ordinary Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:429,182
Number held in class after acquisition or disposal:275,849
Current registered holder(s):Jeff McDowall
Registered holder(s) once transfers are registered:Jeff McDowall
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:88,146
Number held in class after acquisition or disposal:241,479
Current registered holder(s):Jeff McDowall
Registered holder(s) once transfers are registered:Jeff McDowall
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
20-Sep-19
Nature of transaction:
Exercise of Rights to acquire
Ordinary Shares upon
satisfaction of terms
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into
a cash value, describe the consideration:
153,333 Rights were
exercised to acquire shares,
on a one-for-one basis, at no
cost
Number of financial products to which the transaction related:
153,333 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):
Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Sep-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: Air New Zealand
Date this disclosure made:23-Sep-19
Date of last disclosure: 23-Sep-19
Director or senior manager giving disclosure
Full name(s):Cam Wallace
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Chief Revenue Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder: beneficial
owner
For that relevant interest-
Number held in class before acquisition or disposal:550,177
Number held in class after acquisition or disposal:130,587
Current registered holder(s):Cam Wallace
Registered holder(s) once transfers are registered:Cam Wallace
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
2
Details of transactions requiring disclosure
Date of transaction:
16/09/2019 & 20/09/2019
Nature of transaction:
On-market trade (sale of
shares)
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:$1,127,937.60
Number of financial products to which the transaction related:
419,590 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):not applicable
Summary of other relevant interests after acquisition or disposal
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class:382,569
Registered holder(s) once transfers are registered:Cam Wallace
Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Sep-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

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Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: Air New Zealand
Date this disclosure made:23-Sep-19
Date of last disclosure: 20-Sep-19
Director or senior manager giving disclosure
Full name(s):Cam Wallace
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Chief Revenue Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to
Ordinary Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:711,458
Number held in class after acquisition or disposal:382,569
Current registered holder(s):Cam Wallace
Registered holder(s) once transfers are registered:Cam Wallace
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:221,288
Number held in class after acquisition or disposal:550,177
Current registered holder(s):Cam Wallace
Registered holder(s) once transfers are registered:Cam Wallace
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
20-Sep-19
Nature of transaction:
Exercise of Rights to acquire
Ordinary Shares upon
satisfaction of terms
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into
a cash value, describe the consideration:
328,889 Rights were
exercised to acquire shares,
on a one-for-one basis, at no
cost
Number of financial products to which the transaction related:
328,889 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):
Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Sep-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: Air New Zealand
Date this disclosure made:23-Sep-19
Date of last disclosure: 31-May-19
Director or senior manager giving disclosure
Full name(s):David Morgan
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Operational Integrity &
Standards Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:499,766
Number held in class after acquisition or disposal:264,488
Current registered holder(s):David Morgan
Registered holder(s) once transfers are registered:David Morgan
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:306,326
Number held in class after acquisition or disposal:541,604
Current registered holder(s):David Morgan
Registered holder(s) once transfers are registered:David Morgan
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
20-Sep-19
Nature of transaction:
Exercise of Rights to acquire
Ordinary Shares upon
satisfaction of terms
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:
235,278 Rights were
exercised to acquire shares,
on a one-for-one basis, at no
cost
Number of financial products to which the transaction related:
235,278 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):
Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Sep-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Air New Zealand
Date this disclosure made:
23-Sep-19
Date of last disclosure: 15-Oct-18
Director or senior manager giving disclosure
Full name:
Nicholas Judd
Name of listed issuer:
Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Strategy, Networks and
Alliances
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:268,545
Number held in class after acquisition or disposal:185,212
Current registered holder(s):
Nicholas Judd
Registered holder(s) once transfers are registered:
Nicholas Judd
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:65,689
Number held in class after acquisition or disposal:149,022
Current registered holder(s):
Nicholas Judd
Registered holder(s) once transfers are registered:
Nicholas Judd
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
20-Sep-19
Nature of transaction:
Exercise of Rights to acquire
Ordinary Shares upon
satisfaction of terms
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:
83,333 Rights were exercised
to acquire shares, on a one-
for-one basis, at no cost
Number of financial products to which the transaction related:
83,333 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):
Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Sep-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: Air New Zealand
Date this disclosure made:23-Sep-19
Date of last disclosure: 24-Apr-19
Director or senior manager giving disclosure
Full name(s):John Whittaker
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Air Operations &
People Safety Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:469,590
Number held in class after acquisition or disposal:316,257
Current registered holder(s):John Whittaker
Registered holder(s) once transfers are registered:John Whittaker
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:132,428
Number held in class after acquisition or disposal:285,761
Current registered holder(s):John Whittaker
Registered holder(s) once transfers are registered:John Whittaker
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
20-Sep-19
Nature of transaction:
Exercise of Rights to acquire
Ordinary Shares upon
satisfaction of terms
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:
153,333 Rights were
exercised to acquire shares,
on a one-for-one basis, at no
cost
Number of financial products to which the transaction related:
153,333 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):
Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Sep-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: Air New Zealand
Date this disclosure made:23-Sep-19
Date of last disclosure: 13-Nov-18
Director or senior manager giving disclosure
Full name(s):Jodie King
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:Chief People Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to
Ordinary Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:518,737
Number held in class after acquisition or disposal:283,459
Current registered holder(s):Jodie King
Registered holder(s) once transfers are registered:Jodie King
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:71,688
Number held in class after acquisition or disposal:306,966
Current registered holder(s):Jodie King
Registered holder(s) once transfers are registered:Jodie King
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
20-Sep-19
Nature of transaction:
Exercise of Rights to acquire
Ordinary Shares upon
satisfaction of terms
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into
a cash value, describe the consideration:
235,278 Rights were
exercised to acquire shares,
on a one-for-one basis, at no
cost
Number of financial products to which the transaction related:
235,278 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):
Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Sep-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager

---

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer: Air New Zealand
Date this disclosure made:23-Sep-19
Date of last disclosure: 15-Oct-18
Director or senior manager giving disclosure
Full name(s):Mike Tod
Name of listed issuer:Air New Zealand
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Marketing &
Customer Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Rights convertible to Ordinary
Shares ("Rights")
Nature of the affected relevant interest(s):
Power to acquire Ordinary
Shares in accordance with
the terms of the Rights
For that relevant interest-
Number held in class before acquisition or disposal:524,570
Number held in class after acquisition or disposal:283,459
Current registered holder(s):Mike Tod
Registered holder(s) once transfers are registered:Mike Tod
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Ordinary Shares (NZX:AIR)
Nature of the affected relevant interest(s):
Registered holder:
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:105,295
Number held in class after acquisition or disposal:346,406
Current registered holder(s):Mike Tod
Registered holder(s) once transfers are registered:Mike Tod
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
1
Details of transactions requiring disclosure
Date of transaction:
20-Sep-19
Nature of transaction:
Exercise of Rights to acquire
Ordinary Shares upon
satisfaction of terms
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into a
cash value, describe the consideration:
241,111 Rights were
exercised to acquire shares,
on a one-for-one basis, at no
cost
Number of financial products to which the transaction related:
241,111 Ordinary Shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
not applicable
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:not applicable
Date of the prior written clearance (if any):
Certification
I certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:23-Sep-19
Name and title of authorised person:
Felicity Cammock
Employee Benefits Manager