$1b Recovery Plan

2H22 movement in cash position 2.123 2,705 526 Predominantly RRIA¹ Net Free Cash Flow $1,878m (116) 35 (690) Predominantly aircraft capitalised maintenance. Includes TripADeal acquisition (1,062) Predominantly lease liability repayments 3,343 [178] 31 Dec 21 Cash Balance Underlying EBITDA Net working capital Interest & other movements Land Sale proceeds Investing Cash outflow (excl. land sale] Net of Debt Raised/[Repaid) Other Financing Outflows² 30 Jun 22 Cash Balance Operating Cash inflow $2,533m Investing Cash outflow ($655)m Net Free Cash Flow positive for 2H22; Balance Sheet in strong position 1. Revenue Received In Advance. 2. Includes the impact of FX on cash balance of $2m reported in the Cash Flow Statement for FY22. Financing Cash outflows ($1,240)m² | 13

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