Slide 1: Interim Results for the period ended 30 September 2025
Interim Results for the period ended 30 September 2025
Slide 2: HY26 Highlights
HY26 Highlights Steve Heapy, CEO
Slide 3: Record passenger numbers, revenue and profitability
Record passenger numbers, revenue and profitability Passenger Highest-Ever Increased Enhanced Growth Revenue Profits EPS 14.09m (+6%) £5.34bn (+5%) £715.2m (+2%) Basic: 300.4p (+8%) Operating profit Diluted: 292.2p (+17%) Sustained Accelerated Capital Shareholder Investment Growth Optimisation Retur
Slide 4: Our growth strategy is delivering
Our growth strategy is delivering Our strategic pillars Grow our package holiday Careful control of our A memorable customer Continued investment Execute our climate & flight-only products product experience supporting sustainable transition plan on our long-term growth journey to net zero • Flown p
Slide 5: Gatwick – a once in a generation opportunity to accelerate our growth
Gatwick – a once in a generation opportunity to accelerate our growth Expanded market coverage to over 90% of the UK population • UK’s leading departure airport for beach holidays and city leisure breaks • Catchment area of over 15 million people within 60 minutes by road or rail • Flights and holid
Slide 6: Financial Review
Financial Review Gary Brown, Group CFO
Slide 7: Consistently strong financial delivery
Consistently strong financial delivery Revenue (£m) Operating profit (£m) (1) 8000 500 142% Growth 400 6000 118% Growth 300 4000 200 2000 100 0 0 2019 2020 2023 2024 2025 2019 2020 2023 2024 2025 Basic EPS (pence) Strong growth track record 250p • Flown passengers +54% since 2019 200p 132% Growth 15
Slide 8: Profitability optimised through volume, pricing and product mix
Profitability optimised through volume, pricing and product mix HY26 HY25 Change • Flexible, fully integrated operating Seat capacity 15.98m 14.85m 8% model capable of adapting to changing consumer trends Flown passengers 14.09m 13.34m 6% • More people choosing Jet2 – an extra 750k passengers flown
Slide 9: Further progress against our growth strategy
Further progress against our growth strategy HY26 HY25 % Vs HY25 • Over 80% of revenue from package holiday customers Revenue 5,342.2 5,085.4 5% • Underlying cost base well Operating Profit 715.2 701.5 2% Operating profit margin % 13.4% 13.8% (0.4ppts) controlled +4.8% Profit before tax & FX (PBTFX)
Slide 10: Strong free cashflow generation supports strategic capital allocation
Strong free cashflow generation supports strategic capital allocation HY26 cashflows £2.5bn of free cashflow generated since pandemic 700 800 700 600 600 (312.2) 500 500 £m 400 300 400 59.7 200 100 £m 681.9 (230.8) 300 0 2020 2023 2024 2025 H1 2026 200 369.7 • Operating cashflow supports capex for g
Slide 11: Strong balance sheet supporting capital allocation framework
Strong balance sheet supporting capital allocation framework HY26 HY25 • Resilient and flexible balance sheet with access to ample liquidity Intangible assets & Investments 26.8 28.8 Property, plant and equipment 1,666.9 1,326.0 • Investing for future growth - 9 x A321neo Right-of-use assets 721.2 5
Slide 12: Capital allocation framework
Capital allocation framework Objective HY26 Results • Maximise returns from existing business • PBTFX of £780.0m (+1%) • Maintain fleet flexibility • Operating cashflow of £682m 1. Capital Control • Invest in value-accretive growth and • AI-led revenue management system pilot efficiency initiatives
Slide 13: Strong cashflow generation underpins future capital returns
Strong cashflow generation underpins future capital returns <2.0 Medium term leverage - Net debt (‘Own Cash basis’) to EBITDA (2025: 0.1x) £600-700m ‘Own Cash’ medium term target at low point in annual cash cycle (+ RCF of £500m) ~£950m Average annual capital expenditure FY27-FY30 ~50% New aircraft
Slide 14: Strategy Update
Strategy Update Steve Heapy, CEO
Slide 15: Jet2’s Investment Case
Jet2’s Investment Case To be the UK’s leading & best leisure travel business The Market Size & scope of offer Fully integrated Customer-led offering Large, resilient and Highly attractive network of operating model Customer First = Customer structurally growing flights and hotels across UK’s #1 Tour
Slide 16: Our growth agenda
Our growth agenda 1 Firm Aircraft Order Underpins Growth Strategy – 23 delivered; further 132 Airbus A321neo delivering to 2035 Defend & Today’s Reach – capitalise on our existing 13 UK bases (4 new since 2021); optimise our high customer Strengthen 2 retention; and protect our loyal cohorts where w
Slide 17: Flexible fleet pipeline supports Gatwick growth opportunity
Flexible fleet pipeline supports Gatwick growth opportunity 180 159 161 160 154 148 150 145 140 140 135 23 31 43 A321neo 120 65 B737-800NG 78 98 A321ceo 100 116 124 B737-300 Short Term Leases (ACMI) 80 Max Fleet 93 Min Fleet 60 93 92 40 80 69 53 20 40 3 34 7 3 7 3 9 6 7 0 3 3 3 3 3 S25 S26 S27 S28 S
Slide 18: Investing in our fleet
Investing in our fleet 737-800 A321neo 23% Increased seats 20% Fuel and carbon usage 50% Noise reduction ~£10Average cost reduction per seat per seat saving (1) (1) Based on routes to be operated by both 737-800 and A321neo aircraft types in Summer 2025 18 Jet2 plc Financial Results | Period ended 3
Slide 19: Size & scope of offer
Size & scope of offer • 25 COUNTRIES • 800+ RESORTS • 14 UK BASES • 75+ DESTINATIONS • 600+ ROUTES 19 Jet2 plc Financial Results | Period ended 30 September 2025
Slide 20: Driving loyalty across our customer base
New Repeat Loyal Driving loyalty across our customer base Direct Booking Volumes(1) 39% 36% Bookings from loyal customers (2) 33% +23% CAGR over last 2 years 42% 40% 738k Bookings from new customers 43% (2) in 2025 (3) 24% 22% 21% Oct 22 - Sept 23 Oct 23 - Sept 24 Oct 24 - Sept 25 (1) Direct booking
Slide 21: Win new customers
New Repeat Loyal Win new customers Reaching new audiences Unrivalled Flexibility Award-winning proposition • Younger demographic • #1 Tour Operator • Social media activation • Unrivalled product choice • Gatwick catchment area • Multi Brands • Wide Range: 2* to 5* • Fully flexible durations • £60 de
Slide 22: Win new customers
New Repeat Loyal Win new customers Nothing beats a Jet2holiday! • Over 80bn global video views across TikTok • Named TikTok’s official Sound of the Summer 2025 • Celebrity activity - Jeff Goldblum, Mariah Carey and Drake with a combined 173m followers • Estimated £13m+ Earned Media Value (1) • 12% Y
Slide 23: Retain customers through end-to-end service excellence
New Repeat Loyal Retain customers through end-to-end service excellence Four easy ways to Smooth airport VIP service in Welcoming in- Friendly support book experience the sky resort transfers from start to finish Customers who have rebooked within 25 months (2) Net Promoter Score (3) 92% 64 66 Satis
Slide 24: Building a loyal customer base
New Repeat Loyal Building a loyal customer base A marketable database built myJet2: the engine of growth Strengthening relationships for scale and impact and retention through tech & personalisation 1.5m 0.8m 2.8m .. 5.9m Prospects (1) Active (1) Lapsed (1) Dormant (1) (1) Prospects – recently regis
Slide 25: Outlook
Outlook Year Ending 31 March 2026 Year Ending 31 March 2027 Winter 25/26 seat capacity up 7.7% at 5.5m Summer 2026 seat capacity up 8.9% at 20.1m Late booking profile continues with average pricing Existing bases +3.9%; Gatwick: +900k seats following Summer 2025 trend Additional Gatwick short-term s
Slide 26: Any questions?
Te alt ‘a ait a ~ Any questions?
Slide 27: Appendices
Appendices 1. Market coverage 2. Sustainability 3. Existing debt maturity profile 4. Glossary of terms 5. Important information
Slide 28: Market Coverage
Market GLASGOW 2.2m EDINBURGH Coverage BELFAST INTERNATIONAL 1.7m 2.1m NEWCASTLE MANCHESTER 2.9m 5.6m LEEDS BRADFORD LIVERPOOL 3.7m 2.6m EAST MIDLANDS BIRMINGHAM 5.0m 6.4m 61 Million People LONDON STANSTED NEW FOR LONDON 7.5m Live within a 90-minute drive of our bases. 2025 LUTON This reaches over 9
Slide 29: Sustainability
Sustainability 132 A321neo pipeline SAF 20% lower fuel 2% SAF procured in 2025 consumption per seat (and calendar year lower CO2 emissions) In the air On the ground In resort Encompasses all the Includes activities carried Comprises activities activities associated with out by our ground handling as
Slide 30: Existing debt maturity profile
Existing debt maturity profile 300 270 Debt Maturity 2026-31 250 Future funding through a ~£0.8bn variety of sources: 200 • Free cash flow; aircraft 160 financing; JOLCOs; DCM £m 150 130 • Target of 65% of total 110 100 fleet unencumbered by 70 end of 2030 50 50 Operating Lease Liabilities 0 H2 2026
Slide 31: Glossary of terms
Glossary of terms ATOL Air Travel Organiser’s Licence Total Package Holiday Price (net of taxes) paid by the customer excluding discretionary non-ticket revenue, divided Average Package Holiday Price by the number of Package Holiday Customers departing in that period Flight-only Net Ticket Yield Fli
Slide 32: Important Information
Important Information These Presentation Materials, which are the sole responsibility of the Company, do not in interest rates and foreign currency exchange rates; changes in applicable laws and constitute or form part of any offer for sale or subscription or any solicitation for any offer to regula
Slide 33: Nothing Beats A Jet2holiday!
Nothing Beats A Jet2holiday!