Airbus - 2022 Universal Registration Document

1. Information on the Company’s Activities /

1.1 Presentation of the Company

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Airbus is also leading a European consortium to increase the air mobility capabilities of the armed forces of European Union Member States with the new Future Mid-size Tactical Cargo (FMTC) transport aircraft to complement the missions of the A400M. 1.3 Build Advantages Through a Broad Span of Products and Services within Aerospace and Defence The resilience provided by a broad portfolio of products and services is essential for Airbus today and will continue to be in the future. Most aerospace companies nurture a substantial defence and space element in their portfolio to gain synergies and increase stability. This is also true for Airbus, with commercial aircraft, helicopters, defence, space, and security activities all part of the portfolio. Governmental, military and commercial business, products and services, fixed wing and rotary platforms, satellites and launchers, both self- and customer-funded, are all elements which balance market variations, provide synergies, and help to smooth investment cycles. Additionally, as digital design, manufacturing & services require similar capabilities across aerospace segments, owning a broad portfolio delivers flexibility in resource allocation and the reuse of investments in core capabilities. The COVID-19 crisis demonstrated the importance of having strong and complementary helicopter, defence, space and security businesses alongside commercial aviation within the portfolio, enhancing the resilience of the overall group. 1.4 Expand as a Leader Towards New Territories In commercial aviation, the demand for more fuel-efficient solutions will play out globally and will drive demand for our products and services. In helicopters, Urban Air Mobility (“ UAM ”) is at the forefront of a revolution towards more sustainable electric flight for complementary urban transport solutions using the third dimension. Capturing growth in these new vertical take-off and landing (“ VTOL ”) and UAM markets, for both platforms and services, is a major driver for the Company’s strategy. Airbus launched its CityAirbus NextGen eVTOL in 2021 for this purpose. In defence, shaping air and space power integrating aircraft, unmanned systems and space assets with a cloud structure for command and control, will revolutionise the performance of Airbus’ defence customers in future and aims to secure the Company’s long-term presence in defence markets. The ambition of European industrialists to work together towards a common goal of creating one leading player in commercial aerospace has been decisive to the success of the Company. 2.1 Global Reach Through Local Actions Over the past 50 years, Airbus has grown from being a cooperation of national aerospace companies, in four European countries, to a global leader in commercial aerospace with a strong foothold in helicopters, defence, space and security. No aerospace and defence company is more culturally diverse. More than 140 nationalities make up the Company’s workforce and over 20 languages are spoken, reflecting the diversity of its employees and customer base. This is a key strength of the Company in addressing global markets. Airbus has built on its strong European heritage to become truly international, operating 2. Leverage European Roots to Pursue Global Reach

across more than 180 locations. The Company has invested in and grown aircraft and helicopter final assembly lines across Asia, Europe and the Americas. In preparation for the single aisle production ramp-up to 75 aircraft per month (rate 75), the Company’s commercial aircraft business launched the transformation of its industrial system across the world. The final assembly lines in Tianjin, China and Toulouse have been upgraded to make them A321 capable. Furthermore, a second assembly line in Mobile, USA is being established to further increase local capacity. To enable this surge of single aisle rates, major aircraft components assembly lines have been either upgraded (Broughton) or opened (Saint Nazaire). In parallel, Airbus expanded its presence in Portugal, to create a new central and specialised Global Business Service Center, and in India, through the development of its engineering and Information Management competence centres. 2.2 Aerospace and Defence is a Sovereign Industry As the war in Ukraine has demonstrated, strong defence capabilities provide nations with physical security and the means to protect their citizens, values and vital infrastructure. This security is in turn a prerequisite of peace, the rule of law, political stability, democracy, environmental sustainability, human rights, economic development and prosperity and scientific progress. All nations need a certain level of strategic autonomy and Airbus products and services help nations protect freedom, peace and security. Strongly rooted in all key national markets in Europe, the Company will continue to deliver on national needs while acting as a catalyst for broader European sovereignty requirements. In particular, Airbus is a long-term, trusted partner to France, Germany, the UK and Spain. Our relationships with these nations have been nurtured over several decades of manufacturing, supplying and maintaining critical defence systems for their armed forces. Our manufacturing system is a model of European integration and our growth as a Company owes much to our ability to operate freely across borders within Europe. Our products and services range contribute to safety and security in many different ways. They range from the aircraft that allow nations to safeguard their airspace (Eurofighter, military helicopters, A400M) to intelligence capabilities (observation satellites, maritime surveillance), terrestrial space services, cyber security and secure satellite communications solutions for government defence departments and organisations devoted to public safety and emergency responders. All of these help to make the world a safer place. 3. Increase Capacity to Invest for the Future Market recovery after the COVID-19 pandemic has varied significantly across different world regions, driven by the pace of vaccination campaigns and the easing of travel restrictions. Domestic markets were first to recover, followed by regional and intercontinental markets, with the exception of China where “zero-COVID” policies created ongoing volatility throughout 2022. Market recovery unleashed waves of pent-up demand for air travel which almost all actors in the industry had major difficulties in accommodating, limited by their human resources and supply chains. The pressure on supply was compounded by Russia's invasion of Ukraine and its impacts on energy, critical raw materials and economic growth. The demand crisis is recovering fast but supply, production and ramp-up challenges remain.

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Airbus / Universal Registration Document 2022

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