Investor Presentaiton

Impact of coronavirus / Outlook Coronavirus expected to negatively impact Group earnings by $50-75 million in 2H20 DOMESTIC DEMAND IMPACT INTERNATIONAL DEMAND IMPACT Potential $50-55 million impact on Group domestic earnings in 2H20, with Tigerair $15 million and Virgin Australia Domestic $35-40 million Impact of international Chinese inbound cancellations Domestic demand impacted by bushfire and low GDP growth Potential $10-20 million impact across Hong Kong, Trans Tasman and Japan Hong Kong ceases service from March 2020 For personal use only. DOMESTIC MITIGATION STRATEGIES INTERNATIONAL MITIGATION STRATEGIES Virgin Australia Group capacity reduction of 3% in 2H20 Fast-tracking exit of Tigerair A320s to facilitate all-B737 fleet by October 2020, with capacity reductions to continue into FY21 Reduced short term capacity into significantly impacted domestic markets, such as Cairns Exit of Hong Kong market from March 2020 Capacity reductions on the Trans Tasman Continued focus on cost-out initiatives Continued focus on cost-out initiatives Virgin Australia Group results H1 FY20 | 11 Virgin australia group

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