Air New Zealand appoints new Chief Financial Officer

Director Appointment29 June 2026AIRIndustrials

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: Investor centre | Air New Zealand

30 June 2026
Air New Zealand appoints new Chief Financial Officer

Air New Zealand announces the appointment of Kris Cudmore as Chief Financial Officer after an
extensive international search process.
Mr Cudmore is currently Infrastructure, Planning & Commercial Lead at Air New Zealand and has
worked with the airline in an advisory role for three years before formally joining the company at the
end of 2025.
Mr Cudmore’s experience spans corporate performance, business transformation, strategic planning
and capital management, alongside investment and strategic consulting work including in the aviation
airline sector. Prior to Air New Zealand, Mr Cudmore held senior finance and transformation lead
roles in New Zealand and internationally, including at Spark New Zealand (formerly Telecom) and
Telstra.
Chief Executive Officer Nikhil Ravishankar said Mr Cudmore brings a strong combination of finance,
commercial and strategic leadership experience to the role.
“Kris has worked closely with the airline over recent years and has played an important role in
helping shape our new strategy,” says Mr Ravishankar.
“He brings a clear understanding of the airline, our operating environment and the opportunities
ahead of us. His experience in commercial performance, capital allocation and long-term value
creation will be important as we continue to deliver for our customers, shareholders, our people and
New Zealand.
“Mr Ravishankar said the appointment comes as Air New Zealand begins implementing its new
strategy, Our Future | Te Pae Hou, which was shared with the airline’s team on Friday and on the
NZX today.
Mr Cudmore will take up the position on 3 August 2026 and succeeds Richard Thomson, who has
served as Chief Financial Officer since early 2021.
Mr Ravishankar thanked Mr Thomson for his dedicated service and significant contribution to the
airline.
“Richard has provided strong leadership through one of the most challenging periods in the airline’s
history, helping guide the business with care, resolve and a clear focus on our people, customers and
long-term resilience.”

This announcement is made pursuant to Listing Rule 3.20.1.

Ends.

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