Financial Statements 2023

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:

2023

(In number of shares)

2022

Issued at 1 January

788,205,008 786,083,690

Issued for ESOP

2,254,426

2,121,318

Issued 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

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 €17,695 million (2022: €12,950 million) representing an increase of €+4,745 million. This is mainly due to the net income for the period of € +3,789 million and the mark to market revaluation of the hedge portfolio of €2,390 million partly offset a dividend payment of €-1,421 million (€1.80 per share). 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 (2022: €2,121,318) 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 €-284 million in 2023 (2022: € +3,432 million). 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. 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”). No shares were sold back to the market nor cancelled (2022: 0 shares). On 19 April 2023, the AGM of the Company authorised the Board of Directors, for a period expiring at the AGM to be held in 2024, 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 0.18% 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.

2

67

Airbus

Financial Statements 2023