AIRBUS - 2020 Universal Registration Document

1. Information on the Company’s Activities / 1.1 Presentation of the Company

Relationship between Airbus SE and the Company Airbus SE itself does not engage in the core aerospace, defence or space business of the Company but coordinates related businesses, sets and controls objectives and approves major decisions for the Company. As the parent company, Airbus SE conducts activities which are essential to the Company’s activities and which are an integral part of the overall management of the Company. In particular, finance activities pursued by Airbus SE are in support of the business activities and strategy of the Company. In connection therewith, Airbus SE provides or procures the provision of services to the subsidiaries of the Company. General management service agreements have been put in place with the subsidiaries and services are invoiced on a cost plus basis.

For management purposes, Airbus SE acts through its Board of Directors, Executive Committee, and Chief Executive Officer in accordance with its corporate rules and procedures as described below under “– Corporate Governance – 4.1 Management and Control”. Within the framework defined by Airbus SE, Airbus, each Division, Business Unit and subsidiary is vested with full entrepreneurial responsibility.

1.1.2 Airbus (Commercial Aircraft)

Aerospace is a major backbone of the global economy and a vital service to people and businesses. Airbus will continue to invest in its future in an evolving and highly competitive environment through the right combination of growth, profitability and resilience. Airbus intends to further strengthen the industrial set-up and industrial ow. The further transformation of the industrial value chain will ultimately improve quality, competitiveness, agility and sustainability of the entire ecosystem. As seen in the COVID-19 crisis, it is vital to have strong and complementary businesses alongside commercial aviation within its portfolio. For further information, see “– 1.1.1 Overview - Strategy” and “– 1.2 Non-Financial Information – 1.2.2 Lead the Journey towards Clean Aerospace – Environment”. In the long term the main factors affecting the commercial aircraft market include passenger demand for air travel, airline pricing policies and resultant yields, cargo activity, economic growth cycles, evolution of fuel price, national and international regulation, the rate of replacement and obsolescence of existing eets, the availability of aircraft financing sources and market evolutionary factors. The performance, competitive posture and strategy of aircraft manufacturers, airlines, cargo operators and leasing companies as well as wars, political unrest, pandemics and extraordinary events may also precipitate changes in demand and lead to short-term market imbalances. For further information, see “– Risk Factors – Business-Related Risks – Commercial Aircraft and Helicopter Market Factors”. 2020 has been an unprecedented year for the aviation industry due to the COVID-19 pandemic. After global air traffic reached a low point in April, domestic travel started to recover slowly until after the summer, albeit at a very different pace between regions. The recovery came to a halt in the last quarter. International traffic remained weak throughout the year. Overall, passenger air traffic – measured in RPKs – declined by 66% in 2020 versus 2019 according to IATA. Market Market Drivers

Airbus is one of the world’s leading aircraft manufacturers of passenger and freighter aircraft and related services. In order to help shape the future of air transportation, Airbus seeks innovative technological solutions and the most efficient sourcing and manufacturing possible – so airlines can grow sustainably and people can connect. Airbus’ comprehensive product line comprises successful families of jetliners ranging in capacity from 100 to more than 600 seats: the A220 Family; the A320 Family, which is civil aviation’s best-selling product line; the A330 Family, including the advanced A330neo; the latest generation widebody A350 XWB; and the double-deck A380. Across its aircraft families Airbus’ solutions ensure that aircraft share high commonality in airframes, on-board systems, cockpits and handling characteristics. This significantly reduces operating costs for airlines. See “– 1.1.1 Overview” for an introduction to Airbus. Airbus’ global presence includes activity in Europe (France, Germany, Spain and the UK), as well as in Canada, and more globally at fully-owned subsidiaries in the US, China, Japan, India and in the Middle East. Airbus also has spares centres as well as engineering and training centres worldwide. There are also hubs and field service stations around the world. Airbus also relies on industrial co-operation and partnerships with major companies and an extensive network of suppliers around the world. Strategy Airbus’ purpose “We pioneer sustainable aerospace for a safe and united world” and the key elements of the strategy will support Airbus to focus its efforts and make a sustainable contribution to the future. Airbus aims to keep its current commercial aircraft portfolio young and competitive through incremental improvements, while at the same time pioneering for the next generation. In preparing the succession, the quest for sustainability will be the game changer. Airbus targets to set the standards towards the lowest climate impact solutions and mature the technologies of sustainable aviation. Sustainable Aviation Fuel (“ SAF ”) will play a key role in reducing the environmental footprint of the aviation industry. Hydrogen is part of the solution. In September 2020, the Company revealed three concepts for the world’s first zero emission commercial aircraft.

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Airbus / Registration Document 2020