Auckland International Airport Limited · NZX:AIA
Auckland International Airport — 2024 Craigs Investment Partners Queenstown Investor Day
27 slides from Auckland International Airport's conference presentation, May 23, 2024
Slide 1: Market Release: 2024 Craigs Investment Partners Queenstown Investor Day
Market Release | 23 May 2024 2024 Craigs Investment Partners Queenstown Investor Day Auckland Airport’s Acting Chief Financial Officer, Stewart Reynolds, will be presenting at the Craigs Investment Partners Queenstown Investor Day today. Please refer to the attached copy of the presentation that wil
Slide 2: Overview of Auckland Airport
For personal use only Overview of Auckland Airport Craigs Investment Partners Queenstown Investor Day 23 May 2024 Page 1
Slide 3: Important notice
Important notice Craigs Investment Partners Queenstown Investor Day Disclaimer This presentation is given on behalf of Auckland International Airport Limited (NZX: AIA; ASX: AIA; ADR: AUKNY). Information in this presentation: • is provided for general information purposes only, and is not an offer o
Slide 4: Auckland Airport is the gateway to New Zealand
Auckland Airport is the gateway to New Zealand… We own and operate Auckland Airport New Zealand’s largest airport serving the 1 st country’s largest city For personal use only domestically served by four airlines in 1H24 23 destinations domestic passenger movements in FY19 and a 9.6 million 89% reco
Slide 5: …and connects New Zealand to the world
…and connects New Zealand to the world For personal use only Vancouver Beijing San Francisco Chicago New York Seoul Los Angeles Tokyo Dallas Fort Worth Shanghai Dubai Taipei Houston Doha Guangzhou Shenzhen Hong Kong Honolulu Kuala Lumpur Singapore Apia Nadi Papeete Niue Bali Port Vila Cairns Nuku’ R
Slide 6: Passenger numbers are returning
For personal use only 0.0 0.3 0.6 0.9 1.2 1.5 DEC-19 FEB-20 APR-20 JUN-20 AUG-20 OCT-20 DEC-20 FEB-21 APR-21 JUN-21 AUG-21 OCT-21 DEC-21 FEB-22 APR-22 Domestic passenger recovery (%) Domestic JUN-22 AUG-22 Domestic passenger movements (millions) OCT-22 DEC-22 FEB-23 APR-23 JUN-23 AUG-23 OCT-23 DEC-2
Slide 7: Diverse and complementary activities
Diverse and complementary activities For personal use only Aeronautical Retail Transport Page 6 Commercial property Hotels Queenstown Airport
Slide 8: 1,500ha land holding enables a precinct wide vision
1,500ha land holding enables a precinct wide vision For personal use only Page 7
Slide 9: Quality retail offering
Quality retail offering For personal use only Page 8 8
Slide 10: Extensive transport business
Extensive transport business For personal use only Page 9
Slide 11: Hotel portfolio
782 room hotel portfolio 273 198 311 For personal use only rooms rooms rooms Page 10
Slide 12: High quality commercial property portfolio
High quality commercial property portfolio For personal use only Page 11
Slide 13: Our strategy: Building A Better Future
Our strategy: Building A For personal use only Better Future Page 12
Slide 14: Investing in building the gateway New Zealand needs
Investing in building the gateway New Zealand needs For personal use only Page 13
Slide 15: A new integrated domestic terminal
A new integrated domestic terminal For personal use only ARTIST IMPRESSION Page 14
Slide 16: Artist impression of the new domestic terminal (cont'd)
Artist impression of the new domestic terminal (cont’d) For personal use only Page 15
Slide 17: Artist impression of the new domestic terminal (cont'd)
16 Artist impression of the new domestic terminal (cont’d) For personal use only Page 16
Slide 18: Northern airfield expansion and remote stands
Northern airfield expansion and remote stands For personal use only Page 17
Slide 19: Transport Hub transforms customer access to the terminal precinct
Transport Hub transforms customer access to the terminal precinct For personal use only Page 18
Slide 20: Premium outlet centre opening September 2024
Premium outlet centre opening September 2024 For personal use only 24,000m²+ Leasable Retail Area 100+ Retail Stores, 14 F&B Page 19
Slide 21: Total regulated capital investment of $6.7bn over years
Total regulated capital investment of $6.7bn over 10 years The investment in regulated activities will transform Forecast regulated investment cash-flow – by commissioning period ($ billion) the aviation system at Auckland Airport. $1.4 For personal use only Billions Customer journeys will be easier
Slide 22: Sustainability is core to what we do
Sustainability is core to what we do For personal use only Page 21
Slide 23: Economic regulation
Economic regulation Auckland Airport is subject to a form of regulation called 'information disclosure’. This requires it to disclose certain specified information relevant to performance (such as For personal use only profitability, expenditure and quality performance measures), including forward-l
Slide 24: Financials at a glance
Financials at a glance 1H24 revenue 1H24 financial results Credit metrics and capex (as at 31 Dec 2023 unless stated) 500 $m Total revenue Gearing2 $440.5m 21.1% For personal use only 34.3 Other 53% 400 14.8 Other rental Investment EBITDAFI1 Interest 72.5 $310.2m property rental 8.22x coverage3 300
Slide 25: Auckland Airport at a glance
Auckland Airport at a glance We own and operate New Zealand’s largest airport We have a diverse business of scale Strong financial metrics Passenger movements in Mix of activities between market capitalisation 17.5m the 12 months to 31 Dec 2023 47:53 aeronautical and non- aeronautical in the 6 $11.6
Slide 26: We are building a better future
We are building a better future New flights driving additional …focused on improving the …and investing to deliver choice for travellers… operating efficiencies… further capacity and resilience For personal use only Page 25
Slide 27: Thank you
For personal use only Thank you Page 26
Auckland International Airport — 2024 Craigs Investment Partners Queenstown Investor Day on 6ix