WESTJET Strategy Overview

Significant liquidity Cash to TTM Revenue¹,2 34% 34% 29% 37% 33% Cash, cash equivalents and marketable securities balance at Sept 2017 $1.5 billion Undrawn revolving credit facility of $300 million 2013 2014 2015 72 1 Non-GAAP measure 2 Trailing 12 months revenue TSE: WJA 2016 2017 YTD

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