AIRBUS - 2020 Universal Registration Document

4. Corporate Governance / 4.2 Interests of Directors and Principal Executive Officers

Performance Achievement – Individual Component The Individual Component in 2020 results from an achievement level of 150% out of 200%, assessed by the RNGC and approved by the Board of Directors on the basis of the CEO’s performance and behaviour, mostly with respect to the way the Company reacted to the COVID-19 pandemic, and remained focused on its strategic agenda. The Company works with TCOs to measure its performance. They have been adapted to focus on the critical objectives that had to be achieved in order to successfully navigate the COVID-19 environment. The TCOs mirror the Company’s business focus and its core pillars of safety, quality, integrity, and compliance whilst protecting the core business by securing deliveries. The main factors determining the achievement level , included, but not limited to: Outcomes – – Health and Safety – – Protection of people in the early stages of the crisis. Redefining the basic processes and standards at Airbus, in particular in the production environment, – – Contribution to broader society in different forms including sourcing and carrying millions of masks with Airbus ight test aircraft, designing and manufacturing ventilators and visors, – – Defining and implementing more sustainable ways of working under stricter and evolving sanitary conditions; – – Operational – – Securing the supply chain and initiation of monitoring system and support for suppliers at risk, – – Stabilisation of end-to-end planning and achievement of nominal ow on Single Aisle FAL under the hampering circumstances created by the pandemic-related restrictions and contingencies, – – 566 commercial aircraft deliveries to 87 customers in 2020, in line with the production adaptation plan set out in April 2020 in response to the pandemic while managing the backlog orders in a volatile market, – – Delivery of 300 rotorcraft by Airbus Helicopters worldwide, resulting in a stable 48% share of the civil and parapublic market, – – Successful certifications: joint EASA and FAA Type Certification received for the A330-800 and the five-bladed H145, EASA Type Certification received for the multi-role twin engine H160, marking a new chapter for the programme, – – Launch of the demonstrator phase for the FCAS through the award by the Governments of France and Germany of the initial framework contract (Phase 1A) to Airbus Defence and Space and Dassault Aviation, together with their partners MTU Aero Engines, Safran, MBDA and Thales, – – Successful completion of the IOC of the European Space Agency’s Solar Orbiter spacecraft, – – Rapid and efficient rollout of GSuite in the crisis as well as implementation of information management and security adaption measures required to allow safe remote working and ensure business continuity, – – Progress on security matters including a reorganisation of the function now reporting directly to the CEO, the reshaping of the governance towards a Company-wide risk-based approach; – – Commercial – – Commercial Aircraft backlog management and commercial renegotiations to support customers and regain some visibility for the internal and external industrial system, – – Securing a total of 383 new commercial aircraft orders (net: 268 orders), demonstrating continued customer endorsements across all market segments, – – 289 gross orders (net: 268 orders) logged by Airbus Helicopters in a challenging market heavily impacted by the pandemic, – – Signing by Airbus Defence and Space of a: (i) contract to deliver 38 new Eurofighter aircraft to the German Air Force; and (ii) major contract for the development, supply and integration of 115 Eurofighter ESCAN Radars for the German and Spanish Eurofighter eet; – – Balance Sheet – – Early business adaptation and robust and efficient cash containment measures introduced at the start of the pandemic, – – Early securing of additional credit lines, to gain access to liquidity in view of the unknown impacts of the pandemic, – – Airbus’ resilience in the most challenging crisis to hit the aerospace industry demonstrated by the 2020 financials: FY revenues €49.9 billion; FY EBIT Adjusted €1.7 billion; FCF before M&A and customer financing FY € -6.9 billion (Q4 €4.9 billion); Net cash position at €4.3 billion; – – Innovation – – Development of an innovative e-delivery solution to overcome international travel restrictions, allowing customers to receive their aircraft while minimising the need for their teams to travel. Such solution represented more than 25% of the 2020 deliveries, – – First free ight of the Airbus Helicopters’ VSR700 UAS prototype successfully performed, – – Strong progress of the Airbus de-carbonisation agenda and collaboration with state agencies for broader industry alignment on future R&T priorities, – – Revelation by Airbus of the three concepts for the world’s first zero-emission commercial aircraft to enter into service by 2035. Behaviour – – Ethics & Compliance, Sustainability, Stakeholder Relations – – Successful management of the COVID-19 crisis by the whole management team recomposed in 2019, under the leadership of the CEO, – – As highlighted by the Board evaluation, strengthened and increased communication between the management team and the Board of Directors, co-ordinated by the Chairman and CEO who developed an efficient and trustful relationship,

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Airbus / Registration Document 2020