Infratil Limited · NZX:IFT

Infratil — Investor Day (March 2023)

6 slides from Infratil's investor day presentation, March 2023

  1. Slide 1: Wellington International Airport Limited – Infratil Investor Day March 2023

    Wellington International Airport Limited Infratil Investor Day March 2023

  2. Slide 2: Resilient long-term passenger growth pre-Covid

    Resilient long-term passenger growth pre-Covid Average annual passenger growth over 20 years to FY20 was +2.7% Passenger Numbers FY2002 – FY2023 Millions Swine Flu 7 2009 COVID-19 2020 - 2022 6 GFC Chch EQ 2008 2011 SARS 5 2002 - 2004 4 FORECAST 3 2 1 2002 2003 2004 2005 2006 2007 2008 2009 2010 201

  3. Slide 3: Strong recovery has continued over FY2023

    Strong recovery has continued over FY2023 Full year passenger numbers are forecast to be 85% of pre-Covid* Monthly Passenger Recovery % 100% March 2023 Forecast 90% Domestic: 86% 80% International: 78% 70% 60% 50% 40% 30% 20% 10% 0% Jan-22 Jan-21 Nov-20 Apr-20 Dec-20 Nov-21 Nov-22 Dec-22 Jun-20 Dec-

  4. Slide 4: Positioned to build on pre-Covid earnings & deliver sustainable growth

    Positioned to build on pre-Covid earnings & deliver sustainable growth • $125m cash/funds on deposit following recent $75m retail bond issue in February 2023 • $100m bank facilities maturing 2025/26 remain undrawn Robust funding & • Fully compliant with lender covenants and no waivers in place liqui

  5. Slide 5: Positioned to build on pre-Covid earnings & deliver sustainable growth

    Positioned to build on pre-Covid earnings & deliver sustainable growth • Strong commercial performance with pax recovery and successful execution of Continued transport, hotel, commercial property and retail investments diversification & expansion of commercial business • Actively reducing GHG emiss

  6. Slide 6: FY2023 forecast result

    FY2023 forecast result $m EBITDA 120 100 80 60 40 20 0 FY17 FY18 FY19 FY20 FY21 FY22 FY23 • Full year EBITDA forecast $88 million – $90 million • Passenger projection ~5.2 million • Revenue recovering in line with pax and material cost efficiencies achieved through Covid retained. • Capex forecast $

Infratil — Investor Day (March 2023) on 6ix