Airbus // Universal Registration Document 2023

1. Information on the Company’s Activities

1.1 Presentation of the Company

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the 500 th NH90 delivery to the French Army, the French Navy’s H160 Interim Fleet hitting 1000 flight hours in the first year, the Spanish Army celebrating 10,000 flight hours of their NH90 fleet, the H175 reaching 200,000 flight hours and the H135 and H145 global fleet both achieving the 7 million flight hour milestone. The company also reached a number of certification milestones in 2023 with the certification of the H175 by the Civil Aviation Administration of China (CAAC) and the H160 received its type certificate from the Federal Aviation Administration (FAA), the Transport Canada Civil Aviation (TCCA), and the Civil Aviation Authority of Malaysia (CAAM). Airbus Helicopters has made significant effort and investment in addressing the supply chain situation that has been severely affected in succession by COVID, the consequences of Russia’s invasion of Ukraine, the energy crisis and economic factors including elevated inflation rates. In this context, Airbus Helicopters has faced difficulties in meeting customers’ spare parts and repair needs, due to demand having grown much faster than predicted based on flight activity. Airbus Helicopters has significantly increased its working capital investments on spares and MRO parts. The Company has also invested in dual sources of supply and in helicopter buy-backs. The dismantling of complete helicopters enables the Company to access parts which are in short supply, especially for dynamic components. It also provided solutions for obsolescence and scarce parts. In addition, the company is constantly investing in product improvement, both in terms of safety, innovation, and competitiveness. This includes investments targeted at making its helicopters more reliable, with a reduced maintenance workload and with lower Direct Maintenance Costs (“ DMC ”). Many of these improvements are discussed and then prioritised with customers in the frame of various forums such as Customer Focus Groups and Reliability Data Groups. Global Support contracts and the HCare offering continued to prove popular in 2023 both with civil and military customers. There are around 2,650 helicopters currently enrolled with by-the-hour contracts. The Spanish Army Airmobile Force (FAMET) signed an HCare In-Service contract covering 32 AS532 helicopters based on the repair-by-the-hour concept. This contract allows FAMET to have an extended visibility on the fleet’s performance and maintainability. Similarly, the Spanish Air Force and Spanish Navy signed a HCare In Service contract to cover 18 H135 helicopters, increasing parts availability for optimal aircraft availability. These are the first ever by-the-hour contracts signed by the Spanish Armed Forces. On the civil side, the Western Australia Police contracted a part-by-the-hour commitment covering two five-bladed H145s for law enforcement operations, and HBG Group signed a Part Availability contract for 24 helicopters located on four continents. Airbus Helicopters continues to develop solutions for its legacy fleet. In 2023, the Company presented new upgrades for its H120 fleet, a year after the launch of the new services offering “HCare Classics”. The company continued to make inroads on helicopter connectivity and digital services in order to provide an end to-end ecosystem through easy-to-use digital solutions fully integrated to Airbus Helicopters systems. These digital

solutions leverage data generated by helicopter systems, such as flight data recorders and avionics systems, or maintenance software and applications used to manage fleets. The aim of the Company’s Connected Services offering is to enable more flight hours in a simple manner and to enhance safety and ultimately better support our customers in their operations. Aviation Safety Airbus Helicopters’ chief priority is to enhance aviation safety for the thousands of men and women around the world who are transported in its aircraft every day. Airbus Helicopters’ ambition is to further reduce the accident rate of the Airbus helicopter fleet in service and be a leader in aviation safety. In order to achieve these goals, Airbus Helicopters strives to: – –define and develop new safety measures and initiatives to support the operations of its customers; and – – continue to mature the company-wide global aviation Safety Management System (SMS). This commitment to aviation safety is also reflected across all the internal activities related to the lifecycle of a helicopter, with a focus on meeting (and exceeding where possible) industry quality and safety standards. All this is based on continuously enhancing the strong safety culture in the Company. To continue raising aviation safety awareness, Airbus Helicopters inaugurated a dedicated Aviation Safety Centre in March 2023 at the Marignane site in France. This is the first centre that will be replicated across other Airbus Helicopters sites around the world. The centre is divided into several zones, four of which host the digital modules that form the core of the system. These digital modules cover four major themes for Aviation Safety: air accidents, organisational and human factors, FODs (Foreign Object Damage, i.e. foreign bodies that can cause damage) and risk management. The objective is that all employees, including apprentices, temporary workers and on-site subcontractors in Marignane – about 10,000 people – are trained in the Aviation Safety Centre. The Company also aims to host customers and suppliers at the centre to further demonstrate Airbus Helicopters’ commitment to a safe flying culture. Market Drivers The global helicopter market is demonstrating continued signs of recovering to pre-COVID-19 levels, despite continued geopolitical instabilities and economic volatility. Airbus Helicopters’ preliminary market data indicates that worldwide helicopter bookings for 2023, counting both the Civil & Parabublic (C&P) and Military markets, stood at over 1,150 units. This, compared to 1,394 in 2019 (prior to the pandemic) and 751 in 2020 (the low point during the pandemic). The preliminary 2023 Civil & Parapublic Market figures indicate a slight overall increase of 1% in units sold and 7% in revenue since 2022. Significant demand increase for Super Mediums, Light Twin and Medium helicopters is driven by continuing signs of a resurgence of the energy segment and by the demand of Emergency Medical Services (EMS). Contrary to these growth segments, the demand for Intermediate Single helicopters decreased. This decrease was driven by the slow down of Private and Business Aviation and Commercial Passenger Transportation. Overall, Airbus Helicopters continues to lead the

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Universal Registration Document 2023