Airbus - 2022 Universal Registration Document

3. General Description of the Company and its Share Capital /

3.4 Dividends

3.4 Dividends

3.4.1 Dividends and Cash Distributions Paid

Cash distributions paid to the shareholders are set forth in the table below:

Financial year

Date of the cash distribution payment

Gross amount per share (1)

03

2016

20 April 2017

€ 1.35

2017

18 April 2018

€ 1.50

2018

17 April 2019

€ 1.65

2019

N/A

€ 0

2020

N/A

€ 0

2021

21 April 2022

€ 1.50

(1) Note: figures take into account the number of shares outstanding at the date of payment.

3.4.2 Dividend Policy of the Company

In December 2013, Airbus formalised a dividend policy demonstrating a strong commitment to shareholder returns. This policy targets sustainable growth in the dividend within a pay-out ratio of 30%-40%. The Board of Directors will propose to the Annual General Meeting the payment to shareholders on 27 April 2023 of a dividend of €1.80 per share (FY 2021: €1.50).

The solid 2022 financial performance and our confidence in the future underpin the dividend proposal. The proposed dividend increases the pay-out ratio from 28% for 2021 to 33% for 2022 and demonstrates our commitment to sustained dividend growth. The record date should be 26 April 2023.

3.4.3 Unclaimed Dividends

Pursuant to the Articles of Association, the claim for payment of a dividend or other distribution approved by the shareholders’ meeting shall lapse five years after the day on which such claim becomes due and payable. The claim for payment of interim

dividends shall lapse five years after the day on which the claim for payment of the dividend against which the interim dividend could be distributed becomes due and payable.

3.4.4 Taxation

The statements below represent a broad analysis of the current tax laws of the Netherlands. The description is limited to the material tax implications for a holder of the Company’s shares (the “ Shares ”) who is not and is not deemed to be resident in the Netherlands for any Dutch tax purposes (a “ Non-Resident Holder ”). Certain categories of holders of the Company’s shares may be subject to special rules which are not addressed below

and which may be substantially different from the general rules described below. Investors who are in doubt as to their tax position in the Netherlands and in their state of residence should consult their professional advisors. Where the summary refers to “the Netherlands” or “Netherlands” or “Dutch”, it refers only to the European part of the Kingdom of the Netherlands.

199

Airbus / Universal Registration Document 2022