AIA - Auckland Airport launches retail bond offer

Market Release | 29 September 2025 Auckland Airport launches retail bond offer Retail Offer Auckland International Airport Limited (“Auckland Airport”) confirmed today that it is offering up to NZ$150,000,000 of five and a half year fixed rate bonds (with the ability to accept up to NZ$50,000,000 in oversubscriptions at Auckland Airport’s discretion) (the “Retail Bonds”) to New Zealand retail investors and to institutional investors (“Retail Offer”). The Retail Offer opens today and will be made pursuant to the Financial Markets Conduct Act 2013 as an offer of debt securities of the same class as existing quoted debt securities. The notice required by the Financial Markets Conduct Regulations 2014 has been provided to NZX and is attached. The Retail Bonds are expected to be quoted on the NZX Debt Market. Full details of the Retail Bond issue are contained in the terms sheet which has been prepared for the Retail Offer and is attached. The Retail Offer will open with an indicative margin range of 0.85 per cent to 0.90 per cent per annum and the Retail Bonds will mature on 8 April 2031. An announcement of the actual margin and the interest rate on the Retail Bonds will be made following the conclusion of the bookbuild process, which is expected to be on 1 October 2025. The terms sheet will be updated to include the interest rate and will be released on the same day. The Retail Bonds are expected to be assigned a long term credit rating of A- by S&P Global Ratings. There is no public pool for the Retail Offer, with 100 per cent of the Retail Bonds reserved for clients of ANZ Bank New Zealand Limited (“ANZ”) and Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch) (“Westpac”) (as Joint Lead Managers), NZX participants, other approved financial intermediaries and institutional investors. Interested investors should contact the Joint Lead Managers (details below) or their usual financial adviser for more details. Wholesale Offer Auckland Airport is also considering making an offer of floating rate bonds maturing in October 2028 (“Wholesale Offer”) to certain wholesale investors only. Retail investors may not participate in the Wholesale Offer. Auckland Airport has also appointed ANZ and Westpac as Joint Lead Managers in relation to the Wholesale Offer. It is expected that full details of the Wholesale Offer will be made available by the Joint Lead Managers to certain wholesale investors following the conclusion of the bookbuild process for the Retail Offer, subject to market conditions. The maximum amount of bonds to be issued by Auckland Airport under the Retail Offer and the Wholesale Offer together would not exceed NZ$300,000,000. ENDS For more information: Investors: Chief Financial Officer Stewart Reynolds +64 27 511 9632 stewart.reynolds@aucklandairport.co.nz Joint Lead Managers ANZ Bank New Zealand Limited Westpac Banking Corporation (ABN 33 007 457 141) (acting through its New Zealand branch)