Airbus - Financial Statements 2022

2. Notes to the IFRS Consolidated Financial Statements Employees Costs and Benefits

Share ‑ based Remuneration The table below gives an overview of the interests of the CEO, under the various LTIPs of the Company:

(1)

(1)

Granted Date

LTIP 2017

LTIP 2018

LTIP 2019 LTIP 2020 LTIP 2021 LTIP 2022

Performance Units and Shares

8,808

8,416

11,060

19,840

12,121

14,115

Revaluation

50%

50%

50%

100%

100%

100%

Performance Units and Shares revalued

4,404

4,208

5,531

19,840

12,121

14,115

Vested in 2022

in cash

1,101

1,052

0

0

0

0

in shares

0

2,104

0

0

0

0

Outstanding 2022

in cash

0

1,052

2,766

9,920

0

0

in shares

0

0

2,765

9,920

12,121

14,115

Vesting schedule

Cash ‑ settled units

For vesting dates, see “– Note 33.1: LTIP”

Equity ‑ settled units

May 2021

May 2022

May 2023

May 2024

May 2025

May 2026

(1) 2017 and 2018 awards were granted before the appointment of the CEO and could vest during the CEO’s mandate.

Vesting of all Performance Units and Performance Shares granted to the CEO is subject to performance conditions. As of 31 December 2022, provisions of €1,301,397 (2021: €1,188,050) relating to Performance Units have been recognised. The pay ‑ out from vested cash ‑ settled LTIP in 2022 was €226,388 (2021: €324,504) excluding social charges. Termination Benefits The termination benefit applicable to the CEO is described in the Company’s Remuneration policy. Other Benefits As stipulated in the Company’s Remuneration Policy, the benefits offered to the CEO are similar to the benefits granted to other executives of the Company and comprise, among other matters, medical, death and disability coverage (both through the French social security system and mandatory collective Company’s plans), a company car and usual facilities. Costs of benefits provided through applicable mandatory collective and social security plans are accounted for among social charges. The monetary value of other benefits provided to the CEO in 2022 amounted to €32,734 (2021: €32,479). The Company has not provided any loans to, advances to and guarantees on behalf of the CEO.

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