Auckland International Airport (AIA) investor relations material

Opening remarks and agenda

• Quorum confirmed; meeting opened with presentations on FY 2026, formal resolutions and shareholder Q&A. Poll results were to be announced on NZX and ASX after the meeting.

• The airport marked 60 years since opening in 1966; the meeting was held in person and via livestream.

Financial performance review

• FY 2026 passengers reached 19.04m, up 1.6% YoY; revenue was $1,036m and Operating EBITDAFI was $724m, each up 3% YoY.

• Reported profit after tax was $335m, including a $35.8m net revaluation gain versus $127.5m the prior year; underlying net profit was $309m, down 0.5%.

• First-quarter FY 2027 trading was positive; FY 2027 underlying profit guidance remained $290m-$330m, with capital investment guidance of $1bn-$1.3bn.

• FY 2027 passenger and flight volumes were forecast to be relatively flat amid fuel-price volatility and geopolitical instability; management cited ongoing domestic aviation challenges.

Board and executive committee updates

• Sean Donohue joined the board on 1 February 2026 and was nominated for election; the board unanimously recommended him, citing global airport leadership and aviation experience.

• Julia Hoare sought re-election for a final three-year term to provide continuity during major infrastructure delivery; she said she would not stand again after that term.

• Mark Binns retired after almost nine years; recruitment for a replacement was underway, with an introduction and appointment vote planned for the 2027 annual meeting.

• Shareholders were told Sean lives in Massachusetts and committed to attend every board meeting in person; the international search used an Australian search firm and considered other candidates.