Airbus // Universal Registration Document 2023

Risk Factors 4 Environment, Human Rights, Health & Safety Risks

also negatively impact the performance of products in operation and negatively impact the health and safety of the Company’s employees. This may result in the need for additional modifications to the Company’s products, as well as to industrial operations and procurement strategy, leading to increased costs and the adaptation of the Company’s insurance coverage. Based on a qualitative analysis, the Company has estimated the probability of risk or opportunity materialisation. It has also performed a preliminary internal assessment, using data from the Company’s ERM system, as to which climate-related risks may involve the most significant financial impacts in the future. The results (as of the publication date of this document) are displayed in the following table.

Physical – Chronic: Consequences of long-term changing weather patterns that may cause sea level rise, water scarcity, chronic heat waves, chronic cold, increased industrial asset, infrastructure and operations costs, and reduced labour productivity and employee health The foreseen consequences of climate change include long term shifts in climate patterns ( e.g. , change in precipitation patterns, ice/permafrost melt, ocean acidification, sustained higher temperatures, sea level rise, water stress or chronic heat waves). Such changes may cause an accelerated degradation of the Company’s industrial infrastructure and assets (buildings, tools, hardware), may reduce the availability of operational resources and may interrupt logistics flows, therefore impacting the Company’s manufacturing activities. In addition, the change in environmental conditions could

Climate scenario / time horizon(s) where risk likelihood is considered medium or high, based on Company’s qualitative analysis

Most important financial impacts before mitigation

Company’s climate-related risks mapping

RISKS

1.5°C

WB 2°C

>3°C

Transition – Technology

✔

Transition – Market

✔

Transition – Policy and legal

Transition – Reputation

Physical – Acute

✔

Physical – Chronic

✔

: ST –

: MT –

: LT

25 Airbus Annual Report

Universal Registration Document 2023