AIRBUS Private Wealth Roadshow London September 18 th , 2017
SAFE HARBOUR STATEMENT 2 DISCLAIMER This presentation includes forward- looking statements. Words such as “anticipates”, “believes”, “estimates”, “expects”, “intends”, “plans”, “projects”, “may” and similar expressions are used to identify these forward -looking statements. Examples of forward-looking statements include statements made about strategy, ramp-up and delivery schedules, introduction of new products and services and market expectations, as well as statements regarding future performance and outlook. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. THESE FACTORS INCLUDE BUT ARE NOT LIMITED TO: Changes in general economic, political or market conditions, including the cyclical nature of some of Airbus’ businesses; Significant disruptions in air travel (including as a result of terrorist attacks); Currency exchange rate fluctuations, in particular between the Euro and the U.S. dollar; The successful execution of internal performance plans, including cost reduction and productivity efforts; Product performance risks, as well as programme development and management risks; Customer, supplier and subcontractor performance or contract negotiations, including financing issues; Competition and consolidation in the aerospace and defence industry; Significant collective bargaining labour disputes; The outcome of political and legal processes including the availability of government financing for certain programmes and the size of defence and space procurement budgets; Research and development costs in connection with new products; Legal, financial and governmental risks related to international transactions; Legal and investigatory proceedings and other economic, political and technological risks and uncertainties. As a result, Airbus’ actual results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see the Airbus “Registration Document” dated 4 April 2017, including the Risk Factors section. Any forward-looking statement contained in this presentation speaks as of the date of this presentation. Airbus undertakes no obligation to publicly revise or update any forward-looking statements in light of new information, future events or otherwise.
COMPANY OVERVIEW 3 Airbus is an international pioneer in the aerospace industry . We are a leader in designing, manufacturing, and delivering aerospace products , services and solutions to customers on a global scale . A commercial aircraft manufacturer with two other Divisions – Defence and Space and Helicopters – Airbus is the largest aeronautics and space company in Europe and a worldwide leader . Airbus Commercial Aircraft Airbus Helicopters Airbus Defence and Space Passenger Aircraft, Civil/Parapublic and Military Military Aircraft, Freighter Conversion, Helicopters for a wide Space Systems, Services range of missions, Communications, Intelligence Support and Services and Security, Unmanned Aerial Systems
AIRBUS TODAY (FY 2016 FIGURES) 4 Airbus External Revenue Split by Division (as of 31/12/16) Commercial Defence and In € million Aircraft Helicopters Airbus as of 31 Dec 2016 Space 18% Order book 1,060,447 1,010,200 11,269 41,499 € 67 bn Revenues 66,581 49,237 6,652 11,854 9% t/o defence: R&D Expenses 2,97 2,147 327 332 € 11.1 bn 73% 2,811 350 EBIT Adjusted 3,955 1,002 in % Revenues 5.9 % 5.7 % 5.3 % 8.5 % EBIT 2,258 1,543 308 -93 Commercial Aircraft In % Revenues 3.4 % 3.1 % 4.6 % -0.8 % Helicopters Defence & Space
AIRBUS: A TRULY GLOBAL COMPANY 5 Germany External Revenues UK 46,713 (35%)* 32% Europe 12,020 (9%)* France 47,963 (36%)* 68% Non-Europe 12,000 Suppliers from China more than 100 countries USA 408* 2,829 (2%)* Spain Airbus Order Book * by Region 12,682 (9%)* Other (by value) countries 11 575 (9%)* * Number of employees ● Asia Pacific ● Europe 134,000 employees from 136 nationalities ● North America ● Middle East ● Latin America ● Other countries Located across 35 countries on * Commercial Order Intake and Order Book based on list prices more than 180 sites
OUR STRATEGY 6 Position as a leader Utilise strategic levers Deliver the results accordingly • Focus on profitability , • Strengthen market • Exploit incremental value creation, and position and profitability , innovation potential within market position – no while remaining a leader in product programmes, while Commercial Aeronautics. pioneering and fostering need to chase growth at any • Preserve leading position in cost; actively manage disruptions in our industry. European Defence, Space and portfolio. • Exploit digitalisation to enhance Government markets. our products, services and operations, as well as pursue new business models . • Adapt to a more global world and move closer to international markets. • Focus services on and around platforms . • Strengthen value chain position .
COMMERCIAL AIRCRAFT 7 Employees Order Backlog 2016 54,000 6,874 aircraft Net Orders in 2016 2016 Revenues 731 aircraft € 49.24 bn Deliveries in 2016 Aircraft delivered 688 10,200
COMMERCIAL AIRCRAFT MARKET OUTLOOK 8 Traffic Forecast Air traffic doubles every 15 years Airbus traffic forecast: 4.4% per annum Nearly 70% of traffic growth to come from existing network Propensity to travel in emerging regions catching up with developed markets Fleet Forecast 34,900 new aircraft by 2036 40% of new deliveries for replacement, 60% for growth Single-aisle: 71% of units / Wide-bodies: 54% of value
COMMERCIAL AIRCRAFT BACKLOG AND DELIVERIES 9 Airbus backlog* well aligned with regional needs and Over 10 years production in backlog demand forecast in units 6,831 6,874 6,386 5,559 x10 4,682 Europe 4,437 & CIS North Asia America 15% / 24% Pacific 3,552 3,715 9% / 16% 3,488 688 Middle 29% / 42% 3,421 East 635 629 626 8% / 7% 2,533 588 Latin Lessors Africa x5 534 America 510 20% 498 1% / 3% 6% / 8% 483 453 434 1.8 3.0 1.6 0.5 1.1 2.7 1.4 2.4 2.3 1.7 1.1 % Backlog as of end of August2017 % Share of 2016-2035 PAX deliveries (GMF 2017) 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1.3 3.4 3.3 1.1 2.0 4.3 1.7 1.5 3.8 0.9 2.1 Europe, North America and Lessors to take Airbus backlog highest share of our deliveries in the short term Net Book-to-Bill Airbus deliveries Cancellation rate** (in %) Our backlog supports our ramp-up Strong and well diversified backlog, aligned with demand, supports our ramp-up *12% of undisclosed customers; ** Cancellations (excluding Ceo-Neo conversions) / backlog
THE MOST COMPREHENSIVE PRODUCT LINE FOR ANY MARKET 10 A380: 317 orders Capacity to capture traffic growth A350XWB: 848 orders Long-range and ultra-long haul routes A330 Family: 1,688 orders Flying from 30 minutes to over 15 hours A320 Family: 13,251 orders including 5,168 neo Up to 240 passengers, flying up to 10 hours Figures as of 31 August 2017
HELICOPTERS 11 No.1 civil helicopter Helicopters in operation worldwide Around 12,000 helicopters in manufacturer in the world 154 countries Largest civil and 2016 Order Book military helicopter range € 11.3 bn in the world Employees Leadership in the civil market 22,500 47% (based on deliveries) 2016 Revenues € 6.7 bn
THE WIDEST RANGE OF MILITARY AND CIVIL HELICOPTERS IN THE WORLD 12 Civil & Parapublic Military Demand impacted by softness Military market supported by MARKET in Oil & Gas growing Defence budgets Long term market potential Successful campaigns in 2016 Urban Air Mobility new market Product renewal strategy: Unique product offering PRODUCT addressing wide range of H135T2, H145T2, H160, H175, X6 missions and classes Wide mission coverage Military offers based on proven Civil technology
DEFENCE AND SPACE 13 Military Aircraft, total orders by No.1 European end 2016 1,928 aircraft defence and space company Employees 1,400 accumulated years 34,400 in orbit since 1965 by our satellites 2016 Revenues 18 armed forces worldwide € 11.9 bn served by our satellite communications 2016 Order Book € 41.5 bn
SUCCESSFUL BUSINESS REPOSITIONING 14 Communications, Intelligence and Security Military Aircraft Space Systems & UAV Geopolitical instability Growth in space Big data / analytics MARKET spending Growth in defence Cyber protection spending More connected world Increasing need for autonomy Increasing need for Increasing need for security services Multi-mission military Telecom, Earth Cyber security PRODUCT Observation, Navigation & aircraft Digital services and Science Satellite Services around secured connectivity OneWeb ( small platforms U nmanned A erial satellites ) Integrated combat S ystems system Space services
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