#1Q1 FY24 Results - Jul. 24 RYANAIR Low fares, great care#2Europe's Lowest Cost Airline Group ✈ Lowest fare/lowest cost EU airline ✈ No. 1, Traffic (183.5m) - 123% of pre-Covid ✈ No. 1, OTP & reliability ✈ No. 1 EU ESG airline - Sustainalytics ✈ 300 a/c order - growth decade to 2034 ✈ Fin. strength + lowest cost = L.T. winner 2 RYANAIR Low fares, great care BUZZ Lauda *MALTA AIR TRO RYANAIR RYANAIR RYANAIR#3Europe's No. 1 Coverage & Choice ✈ 91 bases ✈ 228 apts, 36 countries 558 aircraft - 391 on order ✈ 3,200 daily flights ✈ 225m pax FY26 3 ✈ 300m pax FY34 RYANAIR Low fares, great care BUZZ TERCEIRA OPONTA DELGADA OMADEIRA OLANZAROTE FUERTEVENTURA TENERIFE (N) TENERIFE (s) OGRAN CANARIA Lauda KERRY CORK DERRY BELFAST MANCHESTER KNOCK LIVERPOOL SHANNON DUBLING BIRMINGHAM CARDIFF SANTIAGO VICO LISBON GLASGOW (1) GLASGOW (P) ASTURIAS PORTOO NEWQUAY FAROO JEREZ TANGIER SEVILLE Yo BRISTOL EXETER EDINBURGH MALAGA MARRAKESHO FEZ ESSAOUIRA CAGADIR ABERDEEN LA ROCHELLE SANTANDER VITORIA VALLADOLID MADRIDO CASTELLON VALENCIA TETOUAN BOURNEMOUTH BORDEAUX BIARRITZ LOURDES CARCASSONNE ZARAGOZA RABAT OUJDA NEWCASTLE TEESSIDE LEEDS CEAST MIDLANDS LONDON (L) AMSTERDAM LONDON (ST) EINDHOVEN OLONDON (G) MAASTRICHT BRUSSELS (Z) LILLE BRUSSELS (c) FRANKFURT (H) LUXEMBOURG BADEN CNUREMBERG OVATRY STRASBORG MEMMINGEN CDOLE SALZBURG BRIVE CLERMONT OUARZAZATE ALMERIA ONADOR ALICANTE MURCIA OSLO (G) REUS PALMA IBIZA O TORP *MALTA AIR AALBORG AARHUS CBILLUND FIGARI MENORCA ALGHERO VÄSTERÅS ÖREBRO GOTHENBURG HAMBURG CAGLIARI COPENHAGEN MALMO VÄXJÖ BREMEN MÜNSTER (os) SZCZECIN DORTMUND PADERBORN BERLIN ODÜSSELDORF (W) LEIPZIG COLOGNE PARIS (B) NANTES TOURS BASEL OPOITIERS MILAN (B) TRIESTE ZAGREB MILAN (M CLIMOGES TREVISO TURIN VERONA RIJEKA BERCERAC RODEZ OVENICE (M) PULA CUNEO GENOA BOLOGNA TOULOUSE NIMES ZADAR GRENOBLE PARMA MARSEILLE SPLIT PERPIGNAN NICE PESCARA BEZIERS BARCELONA (G) BARCELONA RIMINI FORLI ANCONA PISA O PERUGIA CLULEA PALERMO TRAPANI (M) COMISO RYANAIR SKELLEFTEÅ OLSZTYN-MAZURY ROME (C) ROME (F) NAPLES LAMEZIA STOCKHOLM (A) DRESDEN WROCLAW PRAGUE U PARDUBICE BRNO VIENNA KLAGENFURT OVISBY MALTA CDANSK POZNAN CATANIA OBYDGOSZCZ OSTRAVA OBRATISLAVA PODGORICA BARI LODZ BANJA LUKA TUZLA CDUBROVNIK CROTONE LAPLAND TAMPERE LAPPEENRANTA HELSINKI TALLINN WARSAW (M) WARSAW (C) OLUBLIN KATOWICE RZESZOW CBUDAPEST BRINDISI PALANGA KEFALONIA KRAKOW KOSICE ORADEA NIS KAUNAS RIGA KALAMATA VILNIUS TIMISOARA SIBIU CLUJ SOFIA PLOVDIV CHANIA CORFU PREVEZA SKIATHOS CZAKYNTHOS OSUCEAVA THESSALONIKI CBUCHAREST IAŞI VARNA OBURGAS ATHENS MYKONOS KOSO BODRUM SANTORINI RHODES HERAKLION EILAT DALAMAN RYANAIR PAPHOSO LARNACA TEL AVIVO AMMAN AQABA#4Europe's Lowest Costs Gap Widens € per pax Staff/efficiency Airport & Hand. Route Charges Own'ship & maint. S & M other The gap widens: (i) Total (pre C-19) (ii) 4 (i) Source: latest FY Results. easyJet based on 12m data at 31 Mar. (ii) Source: pre Covid-19 FY Results RYANAIR Low fares, great care RYA BUZZ 7 7 LO 5 8 4 31 31 WIZ Lauda 7 14 LO 5 16 5 47 (+50%) 39 (+26%) EZJ 13 28 LO 5 14 16 76 (+140%) 53 (+71%) *MALTA AIR LUV 70 11 17 28 LUF 45 RYANAIR 34 5 52 31 IAG 49 46 LO 5 44 21 126 (+301) % 167 (+430%) 166 (+426%) 101 (+226) % 142 (+358) % 143 (+360%) RYANAIR#5(i) 5 Q1 FY24 Results Guests (m) Load Factor Revs. (€bn) Op. costs (€bn) PAT (€m) EPS (€ cent) Q1 FY23 RYANAIR Low fares, great care 45.5 92% €2.60 €2.38 BUZZ €170 16.53 Excl. €18m except. unrealised mark-to-market net gain on jet fuel caps (i) (i) Lauda Q1 FY24 50.4 95% €3.65 €2.94 €663 58.22 *MALTA AIR +11% +3pts +40% +23% +290% +252% RYANAIR RYANAIR#66 Ind. leading Balance Sheet €'bn Assets Cash Total Accruals Debt S/H Funds Total RYANAIR Low fares, great care Mar. 23 BUZZ 11.7 4.7 16.4 6.6 4.2 5.6 16.4 Lauda Jun. 24 11.9 4.8 16.7 6.7 3.9 6.1 16.7 530 B737 fleet debt free Strong liq. despite bonds / capex Net Cash: €0.98bn - Jun. 23 €0.56bn - Mar. 23 *MALTA AIR RYANAIR RYANAIR#7Current Developments ✈ Robust S.23 demand, Q2 fares modestly ahead of PY Q2 ✈ Challenges remain (ATC strikes, higher fuel, inflation & int. rates) ✈ Strong S.23 op. resilience - higher crew ratios & double ops cap. ✈ FY24 traffic 183.5m (was 185m) - Boeing deliv. delays ✈ Market share gains across EU mkts. - Albania entry in W.23 ✈ 300 Boeing MAX-10 order - traffic growth to FY34 ✈2023 "Aviation With Purpose" Sustain. Report published 7 RYANAIR Low fares, great care BUZZ Lauda *MALTA AIR RYANAIR RYANAIR RYAN UK#8S.23 performance ✈ Op. 125% of pre-Covid cap. in S.23 robust demand ✈124 G'changers in fleet by August ✈ SH intra. EU cap. @ 93% of pre C-19 (E'control) ✈ Robust demand - strong US & Asian inbound ✈ Strong Q1 fares; Q2 up but tougher PY Q2 comps 8 ✈ Record S.23 sched. -3,200 daily flights RYANAIR Low fares, great care BUZZ LLauda *MALTA AIR JE HEBT RYANAIR RYANAIR#9Top 10 Aircraft Operators on week 26 Jun - 02 Jul 2023 (avg daily flights) 2. Strong op. performance & growth easyJet Group 5. easyJet # Air France Group 8. British Airways Grp Source: Eurocontrol RYANAIR Low fares, great care Operated 1,732 flights 3. 18% vs same week in 2019 + 2% vs prev week Operated 1,102 flights 18% vs same week in 2019 ↑ 3% vs prev week Operated 839 flights 15% vs same week in 2019 ↑ 3% vs prev week BUZZ Turkish Airlines 6. Wizz Air Group 9. Vueling Lauda Operated 1,685 flights ↑ 13% vs same week in 2019 ↑ 3% vs prev week Operated 900 flights ↑ 36% vs same week in 2019 ↑ 3% vs prev week Operated 684 flights +6% vs same week in 2019 ↑ 1% vs prev week *MALTA AIR 1. Ryanair Group 4. Lufthansa Airlines 7. **** KLM KLM Group 10. SAS SAS Group RYANAIR Operated 3,273 flights ↑ 25% vs same week in 2019 ↑ 0% vs prev week Operated 1,247 flights +23% vs same week in 2019 + 4% vs prev week Operated 875 flights +7% vs same week in 2019 ↑ 2% vs prev week Operated 683 flights +20% vs same week in 2019 2% vs prev week RYANAIR#10Challenges remain in FY24 ✈ 60 days of FR ATC strikes since 01 Jan. ✈ 1,800 flights canx. & OTP impacted ✈ 1.1m "Protect overflights" petition Heavy invest in resilience for S.23: ✈ higher crew ratios - more standby double ops. centres (Dub & War) improved Day of Travel app. & cust. comms ✈ H2 uncertainties - ATC strikes, oil prices, inflation & int. rates ✈ RYA best positioned to thrive (lowest cost provider) BUZZ Lauda *MALTA AIR 10 RYANAIR Low fares, great care 1.1 MILLION DEMAND ACTION! KEEP EU WSKIES OPEN PROTECT OVERFLIGHTS KEEP EU SKIES OPEN PROTECT VERLIGHTS EU PEN TESARES SPEN 41 PROTECT OVERFLIC SKIF 11 MILLION DEMAND ACTION PROCT OVER GHTS RYANAIR KLEP EU ADFN PROTECT OVERFLIGHTS KEEP EU PROTECT SKIES OPE OVERFLIGHTS MILLION KEEP EU SKIES OPENT DEMAND ACTION! PROTECT OVERFLIGHTS KEEP EU SKIES OPEN PROTECT OVERFLIGHTS KEEP EU SKIES OPEN PROTECT OVERFLIGHTS wan KEEP EU KIES OPEN May 23 - MOL delivering over 1m signatures to the European Commission in Brussels RYANAIR#11Strong Mkt Share Gains Across Europe Italy Poland Hungary Ireland Austria Spain UK No. 1 RYANAIR 11 Low fares, great care RYANAIR (38%) RYANAIR (37%) Wizz RYANAIR (58%) Austrian BUZZ No. 2 easyJet ITA Wizz RYANAIR (28%) A. Lingus RYANAIR (24%) Vueling RYANAIR (19%) Source: Ryanair market analysis & Cirium based on departing seats; *S.23 vs S.19 IATA season RYANAIR (22%) Lauda *MALTA AIR No. 3 EZJ LOT LUF BA Eurowings Iberia BA RYANAIR Share gain +12pts +12pts +11pts +10pts +6pts +4pts +3pts RYANAIR#12800 600 400 200 12 Fleet FY27 Fleet (yr. end) 537 28 98 411 FY23 RYANAIR Low fares, great care 652 8 23 210 411 FY27E 667 28 18 210 411 FY28E BUZZ FY34 (300 MAX-10 order) 680 B737 NG 68 9 210 393 FY29E 700 Lauda 122 210 367 FY30 E 730 169 210 351 FY31E B737-8200 A320 MAX-10 *MALTA AIR 760 218 210 332 FY32E 790 268 210 312 FY33E RYANAIR 800 300 210 290 FY34E 300 x MAX-10s ↓ More seats Less fuel Lower costs ↓ Addit. capac. for airports to grow ↓ Lower apt. & hand. costs ↓ Lower fares ↓ Traffic + profit growth RYANAIRS#13✈2023 "Aviation with Purpose" report published ESG update - Reset CO2 pax/km tgt: 50g in FY31 (was 60g) 1.5°C aligned Climate Transition Plan ✈ Sig. invest in fuel effic. a/c ("G'changers & MAX-10) 13 BUZZ Lauda AMALTA AIR ✈NG retrofit scim. winglets (1.5% fuel red.) - 27 installed to date ✈ 4x SAF MOUS; Neste, OMV, Repsol, Shell (12.5% by 2030) RYANAIR Low fares, great care BUZZ RYANAIR GROUP AVIATION WITH PURPOSE 2023 SUSTAINABILITY REPORT Lauda *MALTA AIR RYANAIR RYANAIR RYANAIR RYANAIR UK