Airbus // Universal Registration Document 2023

3. General Description of the Company and its Share Capital

3.4 Dividends

3.4 Dividends

3.4.1 Dividends and Cash Distributions Paid

Cash distributions paid to the shareholders are set forth in the table below:

Financial year

Date of the cash distribution payment

Gross amount per share (1)

3

2020

N/A

€ 0

2021

21 April 2022

€ 1.50

2022

27 April 2023

€ 1.80

(1) Note: figures take into account the number of shares outstanding at the date of payment.

3.4.2 Dividend Policy of the Company

In December 2013, Airbus formalised a dividend policy demonstrating a strong commitment to shareholder returns. This policy targets sustainable growth in the dividend within a pay-out ratio of 30%-40%. The Board of Directors will propose to the Annual General Meeting the payment to shareholders on 18 April 2024 of a dividend of €1.80 per share (FY 2022: €1.80), corresponding to a pay-out ratio of 38%. The dividend proposal reflects our confidence in future earnings and cash generation.

In addition, the Board of Directors will propose to the Annual General Meeting the payment of a special dividend of € 1.00 per share. The proposed special dividend is underpinned by our strong free cash flow generation, particularly in the fourth quarter 2023, the resulting net cash position as well as our commitment to shareholder return. The record date should be 17 April 2024.

3.4.3 Unclaimed Dividends

Pursuant to the Articles of Association, the claim for payment of a dividend or other distribution approved by the shareholders’ meeting shall lapse five years after the day on which such claim becomes due and payable. The claim for payment of interim

dividends shall lapse five years after the day on which the claim for payment of the dividend against which the interim dividend could be distributed becomes due and payable.

3.4.4 Taxation

The statements below represent a broad analysis of the current tax laws of the Netherlands. The description is limited to the material tax implications for a holder of the Company’s shares (the “ Shares ”) who is not and is not deemed to be resident in the Netherlands for any Dutch tax purposes (a “ Non-Resident Holder ”). Certain categories of holders of the Company’s shares may be subject to special rules which are not addressed below

and which may be substantially different from the general rules described below. Investors who are in doubt as to their tax position in the Netherlands and in their state of residence should consult their professional advisors. Where the summary refers to “the Netherlands” or “Netherlands” or “Dutch”, it refers only to the European part of the Kingdom of the Netherlands.

209 Airbus Annual Report

Universal Registration Document 2023