AIA Provision of Financial Assistance – Employee Share Plan

Market Release | 14 November 2022

Provision of Financial Assistance under
Employee Share Scheme Plan

In accordance with section 80 of the Company Act 1993, Auckland International Airport Limited
(Auckland Airport) is required to make the following disclosure in respect of financial assistance
provided by Auckland Airport for the recent allocation to Auckland Airport employees under Auckland
Airport’s employee share scheme plan (ESS Plan).
Auckland Airport established the ESS Plan by a trust deed dated 19 November 1999 (as amended
by a deed of amendment and restatement of the trust deed dated 31 October 2019), to enable
employees to acquire ordinary shares in Auckland Airport. Under the ESS Plan, permanent full time
and part time employees of Auckland Airport receive an interest free loan to fund the acquisition of
Shares in the Auckland Airport at a 20% discount to market price on the date of acquisition, the shares
are acquired on behalf of Auckland Airport employees by the ESS Plan Trustees and are held on
trust by the Trustee for a three year period. This financial assistance has been provided pursuant to
section 80 of the Companies Act 1993.
Details of Financial Assistance
The details of the financial assistance provided by Auckland Airport are as follows:

Shares in respect of which the financial
assistance was provided
135,100 ordinary shares in Auckland Airport
(Shares)

Consideration paid for the Shares

$5.9979 per Share
Recipients of the financial assistance Employees of Auckland Airport who applied to
acquire Shares under the ESS Plan. The
Shares are held by the Trustee for the
participants for a restricted period of 3 years.

Nature of financial assistance The financial assistance was given in the form
of interest free loans to employees participating
in the ESS Plan to fund the purchase of the
Shares, repayable over a three-year period
under the terms of the ESS Plan. The total
amount of the loans made was $810,316.29.

ENDS

For further information please contact:

General Counsel & Company Secretary
Ian Beaumont
+64 27 479 2622
Ian.beaumont@russellmcveagh.com