Financial Statements 2021

2. Notes to the IFRS Consolidated Financial Statements / 2.7 Capital Structure and Financial Instruments

2.7 Capital Structure and Financial Instruments

34. Total Equity

34.1 Equity Attributable to Equity Owners of the Parent The Company’s shares are exclusively ordinary shares with a par value of €1.00. The following table shows the development of the number of shares issued and fully paid:

2021

2020

(In number of shares)

Issued at 1 January

784,149,270

783,173,115

1,934,420

976,155

Issued for ESOP

0

0

Issued for convertible bond

786,083,690

784,149,270

Issued at 31 December

(454,735)

(432,875)

Treasury shares

Outstanding at 31 December

785,628,955

783,716,395

Holders of ordinary shares are entitled to dividends and to one vote per share at general meetings of the Company. Equity attributable to equity owners of the parent (including purchased treasury shares) amounts to €9,466 million (2020: €6,445 million) representing an increase of €+3,021 million. This is due to a net income for the period of €+4,213 million and a decrease in other comprehensive income, principally related to the mark to market revaluation of the hedge portfolio of € -3,710 million partly offset by a change in actuarial gains and losses of €+2,363 million. Capital stock comprises the nominal amount of shares outstanding. The addition to capital stock represents the contribution for exercised options by employees of €1,934,420 (2020: €976,155) in compliance with the implemented ESOPs. Share premium mainly results from contributions in kind in the course of the creation of the Company, cash contributions from the Company’s initial public offering, capital increases and reductions due to the issuance and cancellation of shares. Retained earnings include mainly the profit for the period and the changes in other comprehensive income from remeasurements of the defined benefit pension plans net of tax which amounts to €+2,363 million in 2021 (2020: € -1,268 million). On 23 March 2020, the Company has decided the withdrawal of 2019 dividend proposal with cash value of € 1.4 billion in response to the COVID-19 pandemic (see “– Note 2: Impact of the COVID-19 pandemic”). For the fiscal year 2021, the Company’s Board of Directors proposes a cash distribution payment of €1.50 per share. Treasury shares represent the amount paid or payable for own shares held in treasury. During 2021, the number of treasury stock held by the Company increased to 454,735 compared

to 432,875 as of 31 December 2020, mainly due to the share buybacks partly offset by vested shares in 2021 under LTIP 2017 (see “– Note 32: Share-based Payment”). No shares were sold back to the market nor cancelled (2020: 0 shares). On 14 April 2021, the AGM of the Company authorised the Board of Directors, for a period expiring at the AGM to be held in 2022, to issue shares and to grant rights to subscribe for shares in the Company’s share capital for the purpose of: – ESOPs and share-related LTIPs, provided that such powers shall be limited to an aggregate of 0.14% of the Company’s authorised share capital (see “– Note 32: Share-based Payment”); – funding the Company and its subsidiaries, provided that such powers shall be limited to an aggregate of 0.3% of the Company’s authorised share capital (see “– Note 36.3: Financing Liabilities”). For each operation, such powers shall not extend to issuing shares or granting rights to subscribe for shares if there is no preferential subscription right and for an aggregate issue price in excess of €500 million per share issuance. Also on 14 April 2021, the AGM authorised the Board of Directors for an 18-month period to repurchase up to 10% of the Company’s issued share capital at a price per share not less than the nominal value and not more than the higher of the price of the last independent trade and the highest current independent bid on the trading venues of the regulated market of the country in which the purchase is carried out. Furthermore, the AGM authorised the Board of Directors to determine on a case by case basis the share repurchase programmes to be implemented by the Company, if any.

34.2 Non-Controlling Interests The non-controlling interests (“NCI”) from non-wholly owned subsidiaries increased to €20 million as of 31 December 2021 (2020: €11 million). These NCI do not have a material interest in the Company’s activities and cash flows.

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Airbus / Financial Statements 2021