Air New Zealand announces Director resignation

Stock exchange listings: New Zealand (NZX: AIR) / Australia (ASX: AIZ) / ADR (OTC: ANZLY)


MARKET ANNOUNCEMENT
Air New Zealand postal address: Private Bag 92007, Auckland, 1142, New Zealand
Investor Relations email: investor@airnz.co.nz
Investor website: www.airnewzealand.co.nz/investor


17 December 2019
Air New Zealand announces Director resignation


Air New Zealand advises that Sir John Key will retire from its Board of Directors on
March 31.

Chairman Dame Therese Walsh says Sir John indicated earlier this year that 2020
would possibly be his last as a Director due to increasing commitments on his
professional time in New Zealand and overseas.

Dame Therese says Sir John has made a significant contribution to Air New Zealand.

“Sir John’s outstanding commercial acumen, international perspectives and
stakeholder network have been incredibly valuable to Air New Zealand and we are
fortunate to have had him as a member of our Board,” she says.

Sir John says it was not an easy decision to step away from his Air New Zealand
Directorship.

“Air New Zealand is a world class company that all Kiwis can be proud of. The
fortunes of the airline and our nation are inextricably linked, so having had the
opportunity to support it firstly as Prime Minister and Minister of Tourism and then as a
Director has been fantastic. The airline is in great hands under Dame Therese,
incoming Chief Executive Officer Greg Foran, a top Executive team and 12,500 staff
committed to delivering outstanding uniquely Kiwi experiences every day.”

Air New Zealand will advise a replacement Director for Sir John in due course.

Ends.


Jennifer Page
General Counsel & Company Secretary


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