Investor Presentaiton

AIRLINE HEADLINE COST PER SEAT HY23 vs HY22 vs HY19 Available seat kilometres (m) 45,108 32% (9)% Average sector length (km) 1,192 5% 12% £1.67 due to 10ppts Load Factor improvement Headline CPS ex. fuel @ CC = 5% Headline CASK ex. fuel @ CC = 0% £0.58 £0.41 £0.25 £3.04 £0.66 £68.21 (£0.72) £65.51 (£1.52) £2.77 £77.58 £6.60 £74.81 HY 2022 headline cost per seat excl. balance Airports Navigation Crew & Ground Selling & Marketing Maintenance Ownership costs Other Handling sheet revals¹ HY 2023 headline cost per seat at CC before fuel and balance sheet Fuel 1) HY 2022 headline CPS (£65.42) + balance sheet revals (£0.09) = HY headline cost per seat excl. balance sheet revals (£65.51). 2) Other includes disruption, other costs and other income. HY 2023 RESULTS 7 revals variances HY 2023 headline cost per seat at CC before balance sheet revals variances FX HY 2023 headline cost per seat

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