RYANAIR Q1 FY22 Financial Summary

FY22 Outlook ✈ Sig. uncertainty but bookings recover strongly ✈ FY22 Traffic: 90m - 100m range (was lower end of 80m - 120m) ✈ Cautiously expect FY22: small loss / close to b-even ✈ Low fares to drive strong recovery (load active / yield passive) ✈ Strong BBB balance sheet = fleet & market gains ✈ Fin strength + lowest cost = L.T. winner (i) (i) Subject to: vaccine roll out, easing of EU travel restrictions & no vaccine resistant variants RYANAIR MORE CHOICE. LOW FARES. GREAT CARE. 4 17

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