Three-Year Recovery Plan

Jetstar Group . • Achieved Underlying EBITDA profit¹ driven by 2H21 domestic leisure strength, cost variabilisation and $70m in recovery program benefits delivered $145m AU Domestic Underlying EBITDA with $102m in second half as capacity increased to 77% of Pre-COVID levels2, EBIT profitable in 4Q21 ($143]m Underlying EBITDA loss from AU International, NZ and Jetstar Asia due to ongoing lack of international flying and associated fixed costs ($131)m loss attributable to share of Jetstar Japan statutory loss due to multiple states of emergency and higher fixed costs with fully leased fleet Redeploying capacity to support domestic growth, reduce fixed costs in Asian and international businesses and assist international restart Pre-COVID FY21 FY20 FY19 Revenue6 $M 1,140 3,006 3,961 Underlying EBITDA7 $M 2 485 830 excluding Share of Associates [Losses)/Profits Underlying EBIT $M (550) [26] 400 Operating Margin % <0 <0 10.1 ASKS6 Σ 11.783 35,613 47,993 - 6 x Jetstar Japan and 3 x Jetstar Asia A320s temporarily transferring to Australia 787s utilised domestically as required Seat factor % 71.3 84.3 86.1 Jetstar AU Domestic low fares leadership, high customer satisfaction and flexible response driving leisure demand when borders are open Extended domestic network advantage with 7 new routes³; capacity grew to 102% of Pre-COVID levels² in May 2021 Achieved seat factor of 74% and 33% growth in ancillary revenue per passenger versus Pre-COVID² Record NPS5 driven by strong On-Time Performance (OTP) 100 Low fares leadership uniquely positioned for leisure-led recovery 1. Underlying EBITDA excluding Share of Associates losses. 2. Compared to corresponding FY19 period as a proxy for Pre-COVID performance. 3. Announced 7 new routes in FY21 (4 launched in FY21, 3 to be launched from FY22). 4. FY21 Domestic AU operations. Jetstar Consolidated Seat Factor including AUS International, NZ and Jetstar Asia was 71.3%. 5. Record NPS for Jetstar Domestic. 6. For Jetstar Consolidated Group, does not include Jetstar Japan. 7. Underlying EBITDA including share of associate (losses)/profits was ($129) m for FY21, $426m for FY20 and $836m for FY19. | 18

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