Investor Presentaiton

Travel intentions have remained consistently strong 1 2 3 4 Intent to travel remains significantly above pre-COVID levels¹ 2x more plan to fly domestically in the next 12 months +80% plan to fly internationally in the next 12 months This is demonstrated in the Group's revenue intakes² strength Group Domestic at 119% of pre-COVID levels (118% in May233) . Group International 124% of pre-COVID levels (123% in May233) QFF members continuing to prioritise spend on travel4 • Despite reduced spending intentions across most categories, travel continues to remain a priority A high proportion of QFF are medium and high affluence, particularly tiered members5 • Higher affluence consumers continue to spend proportionally more on travel Domestic travel Groceries 3 QFF net spend intentions in the next 6 months4 International travel 31% 26% 10% Entertainment -4% Renovations -8% Alcohol -15% Homewares -16% -18% Beauty -22% Clothing & accessories 4 Affluence distribution for QFF vs Non-QFF members5 7% 22% 47% 51% 57% High Medium Low 46% 43% 21% 6% Non-QFF QFF Tiered Members6 RQANTAS GROUP 1. Travel intentions based on Qantas monthly internal research in July 2023 of travel intentions for next 12 months, n=~1,000. 2. Compared to 2019 as a proxy for pre-COVID. Revenue intakes calculated on rolling 6-week average for the week ending 12 August 2023. 3. As presented on Investor Day 2023 on 30 May 2023. 4. QFF sentiment tracker, n=2,524. Data collected between 1 July 2023 and 31 July 2023. Sample of QFF members from Red Planet panel. Survey question: "How do you intend to change your spending in each of the following areas in the next 6 months". Chart shows net difference of survey results in "% Spend more" vs "% Spend less" for each category. 5. Data from CommBank iQ June 2023. Consumer spend is based on banking transaction data (debit/credit cards, BPAY, direct debit). Affluence is a measure of wealth developed by CommBank iQ based on purchasing preferences. 6. Tiered members defined as Silver and above. FY23 Results | 5

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