AIRBUS - 2020 Universal Registration Document

4. Corporate Governance / 4.1 Management and Control

Changes in the composition of the Board in the course of 2020

Until 2020 AGM

From 2020 AGM*

Name

Age

Status

Name

Age

Status

Mr. Denis RANQUE

Mr. Mark DUNKERLEY

69

Independent

57

Independent

Mr. Hermann-Josef LAMBERTI

Mr. Stephan GEMKOW

65

Independent

61

Independent

* Further information on the Board members can be found in the above table “Airbus SE Board of Directors until AGM 2021”.

Changes in the Board Committee in the course of 2020

Until 2020 AGM

From 2020 AGM*

4

Committee

Name

Status

Name

Status

Mr. Hermann-Josef LAMBERTI

Mr. Mark DUNKERLEY

Member

Member

Audit

Mr. René OBERMANN

Mr. Stephan GEMKOW

Member

Member

Mr. Denis RANQUE

Mr. Jean-Pierre CLAMADIEU

Mr. Hermann-Josef LAMBERTI

Member

Ethics, Compliance and Sustainability

Mr. René OBERMANN

Member

Mr. Jean-Pierre CLAMADIEU**

Member

* Further information on the Committee members can be found in the above tables “Airbus SE Board of Directors until AGM 2021” and “Changes in the Board Committee composition in the course of 2020”. ** M r. Jean-Pierre Clamadieu replaced Mr. Denis Ranque as Chair of the Ethics, Compliance and Sustainability Committee from AGM 2020.

Chair

(iii)Operation of the Board of Directors in 2020 Board of Directors Meetings Due to the exceptional circumstances, the Board of Directors met 13 times during 2020 and was frequently informed of developments through reports from the CEO, comprising regular updates on the COVID-19 situation, including on the employees’ and Company’s health, as well as on the developments on the strategic and operational activities. The average attendance rate at these meetings was 97%. In 2020, a substantial share of the Board of Directors activities was directly or indirectly related to the COVID-19 crisis. Throughout the year, the Board of Directors reviewed and discussed the operational and commercial situation of programmes as well as the overall financial situation of the Company with a strong focus on funding needs and cash management. In order to ensure the necessary financial exibility to cope with important cash requirements related to COVID-19, the Board of Directors decided to withdraw the 2019 dividend proposal before the 2020 AGM and suspend the voluntary top up in pension funding.

Independent Directors The Independent Directors appointed pursuant to the criteria of independence set out above are René Obermann, Ralph Crosby Jr., Catherine Guillouard, Victor Chu, Lord Paul Drayson, Maria Amparo Moraleda Martinez, Claudia Nemat, Carlos Tavares, Jean-Pierre Clamadieu, Mark Dunkerley and Stephan Gemkow. Prior Offences and Family Ties To the Company’s knowledge, none of the Directors (in either their individual capacity or as Director or senior manager of any of the entities listed above) has been convicted in relation to fraudulent offences, been the subject of any bankruptcy, receivership or liquidation, or companies put into administration nor been the subject of any official public incrimination and/or sanction by a statutory or regulatory authority, nor been disqualified by a court from acting as a Member of the administrative, management or supervisory bodies of any issuer or conduct of affairs of any company, during at least the last five years. As of the date of this document, there are no family ties among any of the Directors.

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Airbus / Registration Document 2020