Financial Statements 2023

4. Notes to the IFRS Company Financial Statements 4.4 Employees

4.4 Employees

13.

Number of Employees

The average number of the persons employed by the Company in the Netherlands in 2023 was 19 (2022: 0).

4.5 Capital Structure and Financial Instruments

14.

Total Equity

Airbus SE’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:

2023

(In number of shares)

2022

Issued as at 1 January

788,205,008

786,083,690

Issued for ESOP

2,254,426

2,121,318

Issued as at 31 December

790,459,434

788,205,008

Treasury shares

(3,037,467)

(647,500)

Outstanding at 31 December

787,421,967

787,557,508

Authorised shares

3,000,000,000 3,000,000,000

Holders of ordinary shares are entitled to dividends and are entitled to one vote per share at general meetings of the Company. Capital stock comprises the nominal amount of shares outstanding. The addition to capital stock represents the contribution for exercised options by employees of €2,254,426 (in 2022: €2,121,318) in compliance with the implemented Stock Option Plans and the Employee Stock Ownership Plans (“ESOP”). Legal reserves include: change from financial assets at fair value (see “– Note 16: Information about Financial Instruments” of the Company Financial Statements); –

According to Dutch law, Legal reserves cannot be distributed for dividend purposes when positive. Treasury shares represent the amount paid or payable for own shares held in treasury. During 2023, the number of treasury stock held by the Company increased to 3,037,467 compared to 647,500 as of 31 December 2022, mainly due to the share buybacks partly offset by vested shares in 2023 under LTIP 2019 (see “– Note 32: Share ‑ based Payment” of the Consolidated Financial Statements). No shares were sold back to the market nor cancelled in 2023 (2022: 0 shares). change in fair value of derivatives designated as cash flow hedges (see “– Note 16: Information about Financial Instruments” of the Company Financial Statements). –

Share premium mainly results from contributions in kind in the course of the creation of the Company, cash contributions from the Initial Public Offering, capital increases and reductions due to the issuance and cancellation of shares. Retained earnings include mainly the profit of the period and cash dividend payments to Airbus SE shareholders. On 19 April 2023, the Annual General Meeting (“AGM”) decided to distribute a gross amount of €1.80 per share, which was paid on 27 April 2023. For the fiscal year 2023, the Board of Directors will propose the payment of a dividend of €1.80 per share and a special dividend of €1.00 per share to the 2024 Annual General Meeting taking place on 10 April 2024. The proposed payment date is 18 April 2024.

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Airbus

Financial Statements 2023