Air New Zealand updates on executive changes

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


6 October 2020
Air New Zealand updates on executive changes
Air New Zealand has appointed Leanne Geraghty to the newly created position of Chief Customer and
Sales Officer.

Ms Geraghty is one of the airline's most experienced global leaders and will report directly to Chief
Executive Officer Greg Foran.

"Leanne is an outstanding leader with a tremendous depth of industry knowledge having worked in the
aviation and tourism industries on both sides of the Tasman for more than 30 years and led teams
around the world. Her detailed knowledge of the New Zealand, Australian and Pacific Island markets
in particular sets us up well for the post Covid-19 international tourism recovery when the time comes,"
Mr Foran says.

"Leanne is held in the highest regard by key stakeholders ranging from trade and Government partners
through to our most valuable customers and her fellow Air New Zealanders. She cares deeply about
the success of our airline and its ability to make a positive difference for our nation."

Ms Geraghty is currently Group General Manager Airports and has responsibility for more than 1,800
employees and operations across 50 airports internationally. Originally from Australia, she holds a
Bachelor of Economics and Finance from the University of New South Wales and has studied
International Business Management at IMD in Switzerland and Marketing at the Australian Institute of
Marketing. She is also a graduate from the Company Directors course from the Australian Institute of
Directors.

Meantime, Chief Financial Officer, Jeff McDowall, has confirmed that he intends to leave the airline
toward the middle of 2021 after the completion of the planned capital raise.

“Jeff is playing a critical role in supporting myself and the Board as we rebuild from the ravages of
Covid-19, but after a career spanning more than two decades with the airline, he feels it will be time to
open a new chapter of his career once the capital raise is complete. We will shortly commence a global
search for a successor and I would like to thank Jeff for giving us such a long line of sight of his career
intentions. He has had an illustrious career at Air New Zealand, including as acting Chief Executive
Officer pending me starting earlier this year. Without Jeff's leadership over the past two decades,
especially as part of the Executive team in recent years, the airline would not have delivered its long
run of commercial success or grown its international footprint around the world so successfully.”

This announcement is made pursuant to Listing Rule 3.20.1

Ends.

Investor Relations enquiries:

Kim Cootes, Investor Relations Manager
kim.cootes@airnz.co.nz
+64 27 297 0244
Leila Peters, GM Corporate Finance
leila.peters@airnz.co.nz
+64 21 743 057
For media enquiries, please contact:
Air New Zealand Communications.
Email: media@airnz.co.nz │ Phone: +64 21 747 320 │ Twitter: @AirNZMedia