AIRBUS - 2020 Financial Statement

2. Notes to the IFRS Consolidated Financial Statements / 2.6 Employees Costs and Benefits

Share-based Remuneration The table below gives an overview of the interests of the CEO, under the various LTIPs of the Company:

Granted Date

LTIP 2015 (1)

LTIP 2016 (1)

LTIP 2017 (1)

LTIP 2018 (1)

LTIP 2019 LTIP 2020

Performance Units and Shares

10,656

11,392

8,808

8,416

11,060

19,840

Revaluation

75%

75%

50%

100%

100%

100%

Performance Units and Shares revalued

7,992

8,544

4,404

8,416

11,060

19,840

Vested in 2020 in cash

5,994

2,136

0

0

0

0

in shares

1,998

4,272

0

0

0

0

Outstanding 2020 in cash

0

2,136

2,202

4,208

5,530

9,920

in shares

0

0

2,202

4,208

5,530

9,920

Vesting schedule

Cash-settled units

For vesting dates, see “– Note 33.1: LTIP”

Equity-settled units

June 2020 May 2020 May 2021 May 2022 May 2023 May 2024

(1) 2015 to 2018 awards were granted before the appointment of the CEO and could vest during the CEO’s mandate.

Vesting of all Performance Units and Performance Shares granted to the CEO is subject to performance conditions. As of 31 December 2020, provisions of €919,556 (2019: €1,896,787) relating to Performance Units have been recognised. The pay-out from vested cash-settled LTIP in 2020 was €401,261 (2019: €697,383) excluding social charges.

Termination Benefits The termination benefit applicable to the CEO is described in the Company’s Remuneration policy.

Other Benefits As stipulated in the Company’s Remuneration Policy, the benefits offered to the CEO are similar to the benefits granted to other executives of the Company and comprise, among other matters, medical, death and disability coverage (both through the French social security system and mandatory collective Company’s plans), a company car and usual facilities. Costs of benefits provided through applicable mandatory collective and social security plans are accounted for among social charges. The monetary value of other benefits provided to the CEO in 2020 amounted to €33,790 (2019: €33,802). The Company has not provided any loans to, advances to and guarantees on behalf of the CEO.

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Airbus / Financial Statements 2020