Airbus // Universal Registration Document 2021

1. Information on the Company’s Activities /

1.1 Presentation of the Company

1

Competitors With regards to platforms, Chinese, Israeli and US firms are well established in the UAS market segment, along with other European companies such as BAE Systems, Leonardo and Thales, which are competing for new European projects. The market witnesses the emergence of new, smaller, companies worldwide, addressing dedicated UAS or specific services areas. There is room and need for synergies and partnerships between smaller UAS companies and the larger UAS players. Market Trends While defence will remain the largest sector, civil and institutional markets are growing steadily, especially in the smaller UAS tactical categories. 2020 marked the confirmation of the need for a European UAS in the MALE category. Markets will see some movement, including new European collaborative programmes. Services verticals will offer increasingly interesting prospects as the market evolves. The governmental market especially for larger and advanced UAS features strong growth with significant opportunities in Europe, the US and Asia Pacific. Small and flexible UAS see wide application among armed forces and other homeland security agencies alike. The commercial telecommunication satellite market is highly competitive – with customer decisions primarily based on price, technical expertise and track record. The main competitors for telecommunications satellites are Boeing, Lockheed Martin, MAXAR and Northrop Grumman in the US, Thales Alenia Space in France and Italy and CASC in China. The commercial geostationary telecommunications satellites market continues to show signs of recovery. In parallel, the demand for large constellations of smaller telecom satellites in Low Earth Orbit (LEO) has increased in the last few years. The business model is challenging due to the high upfront CapEx. Airbus is active in this market including direct involvement in the Airbus OneWeb Satellites joint venture and taking the lead on an EU constellation study. In 2015, Airbus OneWeb Satellites was created, an equally owned joint-venture between Airbus and OneWeb, which is building a global high-speed internet constellation of satellites for its sole customer, OneWeb. This participation is entrepreneurial in nature and has led to a full re-think of satellite design and manufacturing to produce at competitive costs and on relatively short timelines. After a change in ownership in 2020, the company’s lead investors are now the Indian Bharti Group and the UK government. Eight launches took place in 2021 meaning 60% of the first constellation is now in orbit and due for completion in 2022. Moreover, OneWeb has clear ambitions to create a second generation constellation. With the new Bartolomeo Service, Airbus also offers one- stop-shop access to flying payloads in Low-Earth Orbit on the outside of the International Space Station (ISS), which means easy access to Space for both commercial and institutional customers. In 2021, Airbus announced the selection of ClimCam, an African climate monitoring project, to receive a free slot on Bartolomeo. Space Systems Commercial Sector: Telecommunications Satellites, Launch Services

In terms of revenues, Airbus Defence and Space is the largest combat aircraf t manufacturer in continental Europe. The major combat aircraft activities are taking place through the contribution to the Eurofighter Typhoon programme, jointly with the consortium partner companies BAE Systems and Leonardo. Competitors in the segment of combat aircraft include Boeing, Dassault Aviation, Lockheed Martin, Saab and UAC. Eurofighter is a key asset and a capability bridge to FCAS. Market Trends The sale of aircraft is expected to remain stable in the transport and special mission aircraft segments and could grow for the heavy transport segment, where the A400M occupies a unique position. After-sales services are an important business for Military Aircraft and are continuously growing in line with the deliveries of A400M and A330 MRTT on top of the existing robust revenue stream associated with Eurofighter in-service support. For FCAS, main achievements were the successful delivery of a joint industrial proposal to the governments of France and Germany for the first Demonstrator Phase (Phase 1A) of the programme and the completion of the Joint Concept Study tranche one with the industrial on-boarding of Spain towards the end of 2020. Unmanned Aerial Systems Customers UAS solve challenges for commercial, government and military customers alike. There is notable momentum in Europe for cooperation in large UAS programmes. After the finalisation of Eurodrone contractual negotations between Airbus and OCCAR in 2020, Germany, France and Italy respective governments approved the Eurodrone programme budget in 2021 followed by Spain’s budgetary approval in January 2022. The contract was signed by Airbus Defence and Space as industry prime, and by OCCAR on behalf of the nations on 24 February 2022, which will lead to the delivery of 20 Eurodrone systems, along with an initial five- year package of in-service support. Eurodrone, the first European MALE, will see Airbus Defence and Space as prime contractor, leading a European industrial collaborative programme with the participation of Leonardo and Dassault. Additionally, next generation air superiority programmes such as FCAS will feature strong UAS components, spurring the development of different types of Remote Carriers, and leveraging Manned-Unmanned Teaming (MUM-T) technologies. This is underlined by an initiative from France, Germany and Spain. Institutional and Government customers are recognising the benefits of UAS for Public Services. An incremental number of applications are requiring UAS solutions in areas such as law enforcement, fire fighting, humanitarian assistance and disaster relief, border protection or emergency services. Civil and enterprise customer interest for UAS continues to grow, with the main focus being on smaller UAS. Some customers may find a service and leasing model more adapted to their specific needs. UAS services offer further growth potential with different levels of flexibility and customer involvement. Services encompass traditional leasing and flight operations, as well as logistics, MRO and data analytics offers.

47

Airbus / Registration Document 2021