Airbus - 2022 Universal Registration Document

4. Corporate Governance / 4.1 Management and Control

George Xu – Chief Executive Officer Airbus China George Xu has been appointed CEO of Airbus China effective 8 January 2018. As country head of Airbus China, he is responsible for all Airbus Commercial Aircraft business activities and providing leadership to the company’s Helicopters and Defence and Space businesses in China. In 1995, George Xu worked for the Tianjin Economic and Technology Development Area Administrative Committee. He was nominated Deputy Director of the Investment Promotion Bureau of Tianjin Free Trade Zone in 2003 and was promoted as its Director in 2005, when he started to actively participate in the Airbus A320 Family Final Assembly Line project including site selection, and negotiation and set-up of the joint venture. From 2008 to 2011, George Xu was Deputy GM of Airbus Tianjin A320 Family Final Assembly Line and in parallel Director of the Investment Promotion Bureau of Tianjin Free Trade Zone Administrative Committee and Deputy Chairman of Avicopter. In 2011, he was appointed Chairman of Board of Airbus Tianjin Final Assembly Line and Vice-President of Tianjin Free Trade Zone Administrative Committee. In 2014, George Xu was nominated and worked full time as Party Secretary of Tianjin Youth League until 2017. George Xu was a member of the Standing Committee of Tianjin Municipal People’s Congress from 2015 to 2017. George Xu was born in 1972 in Suzhou, Jiangsu Province. George Xu received a Bachelor of Engineering degree in Information Management System from Tianjin University and Master of Business Administration from Roosevelt University of Chicago. He also received a Doctorate degree in Economics from Nankai University. George Xu is married and in his spare time, he likes football, hiking and reading.

In accordance with Dutch law and with the provisions of the Dutch Code, which includes a number of non-mandatory recommendations, the Company either applies the provisions of the Dutch Code or, if applicable, explains and gives sound reasons for why they have not been applied. On 20 December 2022, the Dutch Code was revised: its updated recommendations apply to financial years starting on or after 1 January 2023. The Company welcomed the updates to the Dutch Code and continues supporting its emphasis on topics, such as sustainable long-term value creation and the importance of culture (in particular, diversity and inclusion). While the Company, in its continuous efforts to adhere to the highest standards, applies nearly all the current recommendations of the Dutch Code, it must, in accordance with the “comply or explain” principle, provide the explanations below. For the full text of the Dutch Code, please refer to: https://www.mccg.nl/. Knittel is currently a member of the Board of the National Air and Space Museum, the Board and Chair of the Finance Committee of the USO of Metropolitan New York, the Board of Trustees of the National World War II Museum, and a member of the Board and Executive Committee of the Atlantic Council. He is a former President and an emeritus member of the Board of Governors of the Wings Club. He is a former Chairman of the Board of Just One Break, a not-for-profit institution founded by Eleanor Roosevelt for the disabled and later merged with The Viscardi Center. Mr. Knittel holds a bachelor’s degree in aviation management from Embry-Riddle Aeronautical University. In addition, he graduated from the Advanced Management Program at the University of Pennsylvania’s Wharton School of Business. Additionally, Knittel chairs A3 by Airbus, the company’s Silicon Valley-based innovation arm; is a Board Member of Airbus Ventures, which scouts and invests in early stage technologies across the globe; and a member of the Airbus Canada Limited Partnership Board – a multibillion dollar joint venture of Airbus, Bombardier, and the Province of Quebec to procure parts, assemble, and market the world’s most modern commercial aircraft, the A220. With more than 5,000 employees, Airbus Americas encompasses the regional corporate offices, engineering and innovation centers, training facilities, MROs and spare parts distribution centers, imagery and drone services, as well as large scale manufacturing facilities producing commercial aircraft, helicopters, and satellites. Knittel has more than 35 years of experience in aerospace and transportation finance. Before joining Airbus, Knittel was Chief Executive Officer of C2 Aviation Capital (C2), a global leasing company focused on acquiring, leasing and managing commercial aircraft. Prior to leading C2 Aviation Capital, Mr. Knittel served since 1986 in a series of senior leadership positions at CIT Group Inc. – most recently as President of CIT Transportation Finance, a $21 billion diversified organisation that provided leasing and financing solutions for the aerospace, rail and maritime industries, including commercial airlines, business aircraft operators, railroads and shippers.

4.1.2 Dutch Corporate Governance Code, “Comply or Explain”

For the financial year 2022, and in respect of compliance with the Dutch Code, the Company states the following:

1. Securities in the Company as Long-Term Investment Provision 3.3.3 of the Dutch Code recommends that non Executive Directors who hold securities in the Company should keep them as a long-term investment. In the absence of legal requirement it is at the discretion of the non-Executive Directors to own shares. The Company does not require the non-Executive Directors who hold shares to keep them as a long-term investment. Provision 3.1.2 vi of the Dutch Code recommends that the shares awarded to the CEO are held for at least five years after they are awarded. The rules applicable within the Company (as described in section 4.2.1.1 e) below) do not impose a

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Airbus / Universal Registration Document 2022