#1RYANAIR LOW FARES. MADE SIMPLE. Q1 FY18 Results#2Europe's Favourite Airline ✈ Lowest fare/lowest cost carrier - gap widens ✈ No. 1, Traffic - FY18 131m (+9%) ✈ No. 1, Cover - 86 Bases/205 apts/430 a/c ✈ No. 1, Service - No. 1 on-time - "Always Getting Better" Prog ✈ 240 a/c order = grow to 200m p.a. by FY24 ✈10 add. B737-MAX-200's ordered RYANAIR LOW FARES. MADE SIMPLE. 2#3Ryanair Wizz Europe's Lowest Fares Avg. Fare easyJet Norwegian Air Berlin IAG Air France/KLM Lufthansa Avg Competitor Fare (Source: Latest FY results/Annual Reports) RYANAIR LOW FARES. MADE SIMPLE. €41 €51 €77 €78 €115 €198 €215 €218 €136 Change -13% -11% -15% -3% -7% -14% -7% -4% - - Gap widens % > Ryanair +24% +88% +90% +180% +383% +424% +432% +232% TAKE OFF TO THE SUN EUROPE'S NO.I AIRLINE FROM ONLY C €19.99 RYANAIR LOW FARES. MADE SIMPLE. Fares one way. Book by 31/05/17. Travel by 30/06/17. Limited availability. For full T&C's see Ryanair.com 3#4Europe's Lowest Costs - Gap widens (€ p pax ex-fuel) Staff Airport & Hand. Route Charges Own'ship & maint. S & M other Total (PY) % change (reptd.) %> Ryanair (Source: Latest FY results/Annual Reports) RYANAIR LOW FARES. MADE SIMPLE. RYA 5 7 6 6 3 27 (28) -5% WIZ 5 11 6 15 3 40 (40) +1% +48% EZJ 9 21 6 8 7 51 (55) +3% (stg) +89% NOR 15 17 7 26 8 73 (73) +2% +170% AB1 22 28 8 40 33 131 (116) +13% +385% LUV 49 9 0 18 18 94 (92) +2% +248% 4#5Europe's No. 1 Coverage ✈ 86 bases ✈205 airports (110 Prim) ✈33 countries 1,800 routes ✈131m c'mers (FY18) ✈ 430 x B737 fleet ✈240 x B737s on order RYANAIR LOW FARES. MADE SIMPLE. KNOCK SHANNON KERRY CORK TERCEIRA PONTA DELGADA LANZAROTE TENERIFE (S) TENERIFE (N) DERRY NEWQUAY GRAN CANARIA FUERTEVENTURA BELFASTO DUBLIN GLASGOW (1) O LISBON O FARO LIVERPOOL MANCHESTER PORTO AGADIR CARDIFF BIRMINGHAM O SANTIAGO O VIGO BRISTOL BOURNEMOUTH GLASGOW (P) VALLADOLID OSEVILLE JEREZ MALAGAO MADRID O RABAT EDINBURGH ABERDEEN MARRAKESH FEZ NEWCASTLE OLEEDS TANGIER EAST MIDLANDS LORIENT LONDON (L) LONDON (S) LONDON (G) BREST DEAUVILLE DINARD TOURS NANTES LA ROCHELLE HAMBURG BREMEN DUSSELDORF AMSTERDAM ODORTMUND BERLIN POZNAN EINDHOVEN MAASTRICHT LODZO LILLE BRUSSELS (2 LEIPZIG WROCLAW BRUSSELS (CO PARIS COLOGNE PRAGUE O LUXEMBOURG VATRY FRANKFURT (M) FRANKFURT (H) PARDUBICE STRASBOURG STUTTGART NUREMBERG POITIERS ODOLE BADEN LINZ CLERMONT MEMMINGEN LIMOGES BRIVE BASELO OSALZBURG MILAN (B) BERGERAC ST. ETIENNE MILAN (M) VERONA VENICE (T) BORDEAUX O RODEZ GRENOBLE BIARRITZ TRIESTE TIMISOARAO VENICE (M) SANTANDER TOULOUSE NIMES TURIN CUNEO PULA PARMA VITORIA LOURDES MONTPELLIER GENOA BOLOGNA RIJEKA ZADAR 10 MARSEILLE NICE CASTELLON CARCASSONNE PERPIGNAN ZARAGOZA 00 ALMERIA REUS VALENCIA OALICANTE MURCIA NADOR OUJDA HAUGESUND BEZIERS OBARCELONA (G) BARCELONA (E) IBIZA PALMA FIGARI MENORCA OSLO (G) TORP AALBORG AARHUS BILLUND PISA PERUGIAO ALGHERO OCAGLIARI STOCKHOLM O ROME (F) OR PALERMO TRAPANI O GOTHENBURG COPENHAGEN SZCZECIN OVÄSTERÅS LAMEZIA COMISO VÄXJÖ MALMO BYDGOSZCZO MALTA KRAKOW OSTRAVA BRNO BARI CATANIA OTAMPERE KAUNAS GDANSK O VILNIUS OLSZTYN-MAZURY WARSAW (M) ANCONA NIŠ OPESCARA PODGORICA ROME (C) ONAPLES BRINDISI CORFU O PALANGA BRATISLAVA KEFALONIA WARSAW (C) OLUBLIN KATOWICE OBUDAPEST TALLINN RIGA ATHENS RZESZOW BUCHAREST O O CRAIOVA ORADEA CHANIA VARNA O SOFIA OPLOVDIV THESSALONIKI MYKONOS RHODES SANTORINI LARNACA PAPHOS O TEL AVIV EILAT OVDA 5#6Europe's No. 1 Market Share (15%) Country (Cap m)* UK (139) Germany (129) Spain (129) CEE (104) Italy (95) Greece (28) Portugal (27) Poland (21) Ireland (18) Belgium (17) *(Source: CapStats intra EU Depart capacity Jan 17 - Dec 17) RYANAIR LOW FARES. MADE SIMPLE. No. 1 easyJet Luft RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. Aegean TAP RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. No. 2 RYANAIR LOW FARES. MADE SIMPLE. Air Berlin Vueling Wizz Alitalia RYANAIR LOW FARES. MADE SIMPLE. RYANAIR LOW FARES. MADE SIMPLE. LOT Aer Lingus Brussels Air No. 3 BA RYANAIR LOW FARES. MADE SIMPLE. Iberia Aegean easyJet easyJet easyJet Wizz BA Jetairfly Share 18% 8% 19% 16% 28% 13% 20% 30% 48% 29% = Restructuring 6#7Q1 Results Customers (m) Load Factor Avg. fare (incl. bag) Revenue (m) Cost Per Pax (incl. fuel) Profit after tax (m) Net Margin EPS (€ cent) RYANAIR LOW FARES. MADE SIMPLE. Jun 16 31 94% €40 €1,687 €44 €256 15% 20.0 Jun 17 35 96% €40 €1,910 €42 €397 21% 32.7 +12% +2% +1% +13% -6% +55% +6ppt +63% 7#8Mar 17 (€m) Assets (incl. a/c) 7,850 Cash → 4,140 11,990 Total Q1 Balance Sheet Debt Net Debt €244m Liabilities S/H funds Total RYANAIR LOW FARES. MADE SIMPLE. 3,183 4,384 4,423 11,990 Jun 17 (€m) 7,830 4,187 ← 12,017 3,468 4,281 4,268 12,017 Net Debt €94m After €393m capex €204m b/back 8