Airbus // Universal Registration Document 2021

1. Information on the Company’s Activities / 1.1 Presentation of the Company

1.1 Presentation of the Company

1.1.1 Overview

Due to the nature of the markets in which the Company operates and the confidential nature of its businesses, any statements with respect to the Company’s competitive position set out in paragraphs 1.1.1 through 1.1.5 below have been based on the Company’s internal information sources, unless another source has been specified below.

1. Continue to grow Airbus as an aerospace and defence leader Leadership today is not a guarantee for leadership tomorrow. The Company believes that its ability to win in the future will be earned through continuous innovation, both in and around its current portfolio as well as when preparing the future generation of products and related services. All activities must be executed to the highest quality and safety standards possible. 1.1 Keep current portfolio young and competitive The Company’s financial success is strongly linked to capitalising on the current commercial aircraft portfolio through incremental improvements. Airbus estimates that all current products have a substantial upside leading to exceptional longevity. This has been demonstrated by the New Engine Option (NEO) versions of A320 and A330 and stretch versions such as the A321XLR, but also in smaller incremental improvements on every product. The A330neo and the A350 XWB both deliver high levels of fuel efficiency (25% fuel consumption saving compared to previous generation aircraft), accelerated pilot on boarding (all wide- body aircraft benefit from a common type rating making pilot training shorter, smoother and lower cost), and comfort through the exclusive airspace cabin, setting a modern benchmark in passenger comfort and wellbeing. Airbus aircraft are also well suited to serve freighter and VIP markets and are proven to be competitive in selected military niches. The decision to launch the A350 Freighter version in 2021 is a typical example, setting a new standard for airfreight efficiency. With the same logic, the helicopter portfolio is expanding through military versions of commercially successful products. In the military field, Eurofighter has a performance today beyond customer’s initial targets through intelligent upgrades, and remains a very strong competitor for export markets. 1.2 Pioneering for the next generation In preparing the next generation of aircraft, the requirement for improved sustainability will be the catalyst that allows aviation to continue to meet its larger purpose of uniting the world. The quest for zero emissions air travel will fundamentally change aerospace. Not since the introduction of the jet engine has the industry faced such a challenge, in particular around new energy sources. However, new certification challenges, new materials, new designs, new industrial processes and new business models will also be assessed, which will provide sources of opportunity. In short, the Company aims to set the standards and mature the technologies of sustainable aviation for the benefit of the environment and society at large, delivering products that are attractive and efficient for our customers while remaining viable and feasible for Airbus.

Airbus pioneers sustainable aerospace for a safe and united world. The Company constantly innovates to provide efficient and technologically-advanced solutions in aerospace, defence, and connected services. In commercial aircraft, Airbus offers modern and fuel-efficient airliners and associated services. The Company is also a European leader in defence and security and one of the world’s leading space businesses. In helicopters, the Company provides the most efficient civil and military rotorcraft solutions and services worldwide. Strategy 2020 was an unprecedented year for the aviation industry across the globe, and 2021 became a turning point setting the direction for both a managed recovery and the longer term transformation of aviation. The COVID-19 outbreak demonstrated how severe and unpredictable events can impact a global business like Airbus. It also demonstrated that when industry, customers and governments work together, it is possible both to effectively manage what can be considered as the deepest crisis in the history of aviation, and progressively learn how to better prepare for the overall direction of travel in the future. Another key shift happening in parallel has been acceleration in the demand for sustainability and zero emissions targets. Addressing this challenge is, in effect, key to ensuring airlines’ continued license to operate. In this new environment, the Airbus purpose “We pioneer sustainable aerospace for a safe and united world” is the Company’s guiding star. The Airbus strategy is designed to set out the strategic priorities to enable the Company to deliver on this purpose. The strategic priorities focus on the geopolitical situation, sovereignty, resilience and sustainability and are underpinned by the leadership role that the Company expects to take and which will be so important to its success:

1. continue to grow Airbus as an aerospace and defence leader;

2. leverage its roots to pursue global reach through local actions;

3. continue to invest in the future in an evolving and highly competitive environment; 4. lead the transformation of the aerospace industry while meeting the highest environmental, social and governance standards.

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Airbus / Registration Document 2021

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