$1b Recovery Plan

Revenue detail - compared to Pre-COVID/FY19 Net passenger revenue down 62% • Group capacity down 67% due to COVID-related border restrictions Group Unit Revenue up 7% — - Group Domestic¹ Unit Revenue down 18% Group International2 Unit Revenue up 17% Net freight revenue up 102% Constrained belly space capacity shifted high yielding demand to freighters • • IFAM³ related flying Frequent Flyer redemption, marketing, store and other revenue up 4% Redemption activity across Qantas Rewards Store and Qantas Wine remains above pre-COVID levels • • 18.0 Revenue ($B) -49% FY194 9.1 FY22 Spend on Qantas Points Earning Credit Cards return to pre-COVID levels Revenue from other sources down 17% • Decrease in third party services and other revenue due to reduction in global air travel impacting codeshare commissions, contract work for other airlines and Qantas Club membership fees (73%) RPKs (m) 127,492 34,363 (67%) ASKS (m) 151,430 50,633 1. Includes Qantas Domestic and Jetstar Domestic. 2. Group International includes Qantas International, Jetstar International Australian operations, Jetstar New Zealand (including Jetstar Regionals) and Jetstar Asia (Singapore). 3. International Freight Assistance Mechanism. 4. FY19 has not been restated for the IFRIC Cloud Computing decision. | 9

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