Ryanair Orders 300 Boeing 737 MAX-10 Aircraft ($40bn)

Solid Balance Sheet funds order → Strong BBB credit ratings (S&P / Fitch) ✈ 2 yr gap from B-8200 deliv. (FY25) to MAX-10 delivs. (FY27) ✈ Boost cashflows to min. borrow costs as int. rates rise ✈ Existing fleet of 540 acft. unencumbered ✈ Acft. capex > €2bn p.a. from 2027 onwards ✈ Some capex offset from NG disposals on 150 repl. acft. ✈ Fund from internal cash & low cost debt - stay opportunistic RYANAIR Low fares, great care BUZZ Lauda *MALTA AIR RYANAIR RYANAIR

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