AIRBUS - 2020 Universal Registration Document

1. Information on the Company’s Activities / 1.2 Non-Financial Information

Use of Carbon Offsetting In 2019, the Company introduced a mechanism to compensate emissions of activities for which reduction and use of renewable energy are not sufficient to meet the internal targets, such as air and sea activities. This mechanism follows an approach of avoiding and reducing GHG emissions in absolute value first to later compensate when necessary. Due to the COVID-19 crisis and related production rate adaptation, no compensation was required in 2020 to achieve CO 2 reduction targets. As part of its plan to tackle scope 3 emissions, the Company also compensates all emissions linked to air business travel. The Company built a rigorous procurement process based on the concepts of additionality, real (permanent) reduction, prevention of double counting, prevention of overestimation and no additional harm. As a minimum, the carbon offsets need to be certified by the Gold Standard (or Verra for certain projects) and the supplier needs to show proof of how each one

of the mentioned criteria were met. In addition, understanding that these carbon offsetting programs may have gaps in their methodologies, it was requested additional proof of how such gaps are managed by the provider. Moreover, certain societal aspects were considered, such as prevention of child labour and the relation with the communities surrounding the projects. Product Operations Aviation connects and unites people, cultures and business. It drives economies and development, crteates jobs and safeguards world peace by promoting multilateralism, diplomacy and con ict resolution. A more connected world is a more prosperous world. Prosperity is critical to driving human progress and addressing the world’s greatest challenges, especially climate change: according to Our World in Data , air transport as a whole represents approximately 2% of global human-induced GHG emissions, and around 12% of the transport sector emissions – see graph 1.

Graph 1: Global greenhouse gas emissions by sector – source: Our World in Data with data from Climate Watch, the World Resources Institute (2020)

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Agricultural soils 4.1%

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Rice cultivation 1.3%

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Chemical & petrochemical 3.6% Food & tobacco (1%) Paper & pulp (0.6%) Machinery (0.5%)

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Wastewater (1.3%) Landfills 1.9% Grassland 0.1% Cropland 1.4%

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Agriculture, Forestry & Land Use 18,4% Agriculture, Forestry & Land Use 18.4%

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Waste 3.2%

Chemicals 2.2%

Waste 3,2%

Industry 5.2%

Industry 5,2%

Cement 3%

Energy 73,2% Energy 73.2%

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Road Transport 11.9%

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ambition to develop the world’s first zero-emission commercial aircraft by 2035. In parallel, the Company is also developing a multifaceted climate-impact programme for commercial aircraft. This includes a focus on SAF, Air Traffic Management (“ ATM ”) solutions and market-based measures.

The Company is committed to contributing to meeting the Paris Agreement targets and leading the decarbonisation of the aviation sector in cooperation with all stakeholders. The Company is convinced that carbon-neutral aviation is not only possible, but achievable within our life-time. This is why the Company has the

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Airbus / Registration Document 2020