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Investor Presentaiton

GROUP OVERVIEW Building on the Group's long-term competitive advantages An integrated portfolio with leading market positions Qantas Domestic Leading position, highest margin carrier in attractive domestic market Qantas International Reshaped cost base and network, sustainably profitable business Freight • Leveraging domestic market share and unique traffic rights Jetstar Group Leading LCC position in domestic and outbound Australia ROIC > WACC IN FY151 Minimal level of capital invested in high-potential Asian ventures Qantas Loyalty Steady earnings growth from non-cyclical, highly cash generative business providing growing diversification in Group earnings profile 1. Based on FY15 forecast performance WIP GROUP ROIC > 10% IN FY151 11 21
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