AIRBUS - 2019 Universal Registration Document

General Description of the Company and its Share Capital / 3.4 Dividends

3.4 Dividends

3.4.1 Dividends and Cash Distributions Paid

Cash distributions paid to the shareholders are set forth in the table below:

Financial year

Date of the cash distribution payment Gross amount per share (1)

Adjusted amount per share (2)

2015

3 May 2016

€1.30

€ 1.304

2016

20 April 2017

€1.35

€ 1.332

2017

18 April 2018

€1.50

€ 1.483

2018

17 April 2019

€1.65

€ 1.636

(1) Note: figures take into account the number of shares outstanding at the date of payment. (2) Note: amounts per share adjusted to the current number of shares outstanding as of 31 December 2019.

3.4.2 Dividend Policy of the Company

In December 2013, Airbus formalised a dividend policy demonstrating a strong commitment to shareholders returns. This policy targets sustainable growth in the dividend within a pay-out ratio of 30%-40%.

3.4.3 Unclaimed Dividends

Pursuant to the Articles of Association, the claim for payment of a dividend or other distribution approved by the shareholders’ meeting shall lapse five years after the day on which such claim becomes due and payable. The claim for payment of interim

dividends shall lapse five years after the day on which the claim for payment of the dividend against which the interim dividend could be distributed becomes due and payable.

3.4.4 Taxation

The statements below represent a broad analysis of the current tax laws of the Netherlands. The description is limited to the material tax implications for a holder of the Company’s shares (the “ Shares ”) who is not and is not deemed to be resident in the Netherlands for any Dutch tax purposes (a “ Non-Resident Holder ”). Certain categories of holders of the Company’s shares may be subject to special rules which are not addressed below

and which may be substantially different from the general rules described below. Investors who are in doubt as to their tax position in the Netherlands and in their state of residence should consult their professional advisors. Where the summary refers to “the Netherlands” or “Netherlands” or “Dutch”, it refers only to the European part of the Kingdom of the Netherlands.

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Airbus / Annual Report – Registration Document 2019