Ryanair Q3 Results - Jan 2023

M 220 180 140 100 60 20 10 Growth to 225m pax p.a. by FY26 Guests 149 FY20 RYANAIR Low fares, great care 27.5 FY21 BUZZ 97 FY22 Lauda 168 FY23E 185 FY24E *MALTA AIR 205 FY25E RYANAIR 225 FY26E 210 x B737 "Gamechanger" order ↓ More seats Less fuel Lower costs ♫ Addit. capac. for airports to restore traffic Lower apt. & hand. costs ↓ Lower fares ↓ Traffic + profit growth RYANAIR

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