Safe Harbor Statement Strategic Matters Some of the statements contained in this presentation discuss Information future expectations or state other forward-looking information. Financial Those statements are subject to risks identified in this press release and in ASUR’s filings with the SEC. Actual developments could differ significantly from those contemplated in these Commercial Revenues forward-looking statements. The forward-looking information is based on various factors and was derived using numerous assumptions. Our forward-looking statements speak only as of Operational Information the date they are made and, except as may be required by applicable law, we do not have an obligation to update or revise them, whether as a result of new information, future or Regulation otherwise. Company Overview Page 2
Management Team Fernando Chico Pardo Adolfo Castro Rivas Long Serving Strategic Matters Chairman of the Board of Directors Chief Executive and Financial Officer Experienced Head of Investor Relations Management with company since 2005 with company since 2000 Information Financial Claudio Góngora Morales Alejandro Pantoja López General Counsel Chief Infrastructure Officer Commercial Revenues with company since 1999 with company since 2001 Agustín Arellano Rodríguez Manuel Gutiérrez Sola Operational Information Director of International Projects Chief Commercial Officer with company since 2010 with company since 2000 Regulation Carlos Trueba Coll Héctor Navarrete Muñoz General Director of Cancún Airport General Director of Regional Airports Company Overview with company since 1998 with company since 1999 Page 3
Investment Highlights Key value Strategic Matters drivers • Long-term concession investments in attractive locations in Information Financial Mexico • Established regulatory framework Commercial Revenues • Track record of consistent passenger growth • Balanced mix of international and domestic traffic Operational Information • Successful, market leading commercial business strategy • Strong cash flow profile and solid balance sheet Regulation • Robust corporate governance and board of directors with experienced management Company Overview Page 4
Focus on Corporate Social Responsibility Sustainability Strategic Matters is a key strategy in • Member of Dow Jones and Bolsa Mexicana de Valores Information our business Financial sustainability indices model • Active participant of United Nations Global Compact , in Mexico Commercial and internationally Revenues Certified by CEMEFI as Socially Responsible Company (6 th year) • Operational Information • Airports’ Environmental Management Systems certified under ISO 14001 • Environmental Compliance certification from Mexican Regulation Environmental Protection Agency • Focus on quality of life for employees and community Company Overview relations • Strict standards of corporate governance and business ethics Page 5
Page 6 Company Operational Commercial Financial Strategic Regulation Overview Information Revenues Information Matters Geographical presence Airport operations in attractive locations in Mexico and the Caribbean
Page 7 Company Operational Commercial Financial Strategic Regulation Overview Information Revenues Information Matters from various destinations flight times Illustrative Cancún: Close to major U.S. destinations
Private airports / airport groups listed on global stock exchanges ASUR and GAP are the only Latin American Airport Groups listed on NYSE Strategic Matters Information Financial Commercial Revenues Operational Information Regulation Company Overview Page 8
Page 9 Company Operational Commercial Financial Strategic Regulation Overview Information Revenues Information Matters FCHP & ADO Ownership overview
Established regulatory framework with a track record of rate setting precedents Dual Till Strategic Matters System Information Regulated + Financial Non Regulated Revenues Commercial Revenues Operational Information Regulation Company Overview Note: 2015 Revenues per PAX, expressed In nominal pesos as of Dec 2015; passenger traffic excludes transit and general aviation passengers ASUR adjusts specific tariffs / prices once every six months using the Mexican producer price index, excluding petroleum). Page 10
Visibility of capital expenditure requirements through 2018 MDP investment commitments (expressed in December 2015 Million Pesos) 16,873 Strategic Matters million pesos ,000 ,500 invested ,000 Information 1999-2015 Financial ,500 ,000 2016 -2017 500 Commercial Construction Revenues 0 of Terminal 4 in Cancún • Visibility on capital expenditure requirements, as maximum rate negotiated along Operational Information with Master Development Plan (MDP) is a function of programmed capex • Key projects completed: • Key future projects: 1999: Government capex backlog New Terminal 4 in CUN 2005: 9/11 security standards Terminal 2 & 3 expansion in CUN Regulation 2006-2007:Terminal 3 and second Terminal building expansion VER Required works for Airport Certification runway in CUN 2011: Passenger flow separation in CUN (9 airports) 2011-2013: Terminal building expansion: Company Overview HUX, MID, OAX and VSA 1 Committed investments from May 1999 to Dec 2000 2 151 million pesos have been paid each year (anticipated) – Terminal 3 Cancún Airport Note: Committed investments according to Master Development Plan, expressed in million pesos as of December 2015 based on the Page 11 Mexican construction price index in accordance with the terms of the Master Development Plan.
ASUR’s airports are among the most frequented in Mexico Mexican Airports by PAX (thousand PAX) Strategic Matters Information Financial Commercial Revenues Operational Information Regulation Company Overview 1 According to the Communications and Transport Ministry’s website Source: Company financials, AICM website: Note: Selected airport sample includes ASUR, GAP, OMA and OHL Page 12 concessions and the Mexico City airport; PAX traffic excludes transit and general aviation PAX
Revenue and passenger breakdown 2015 Revenue per PAX: Ps.245 Strategic Matters 2015 Revenues by business by airport Ps.6,414M Information Other 11.1% Financial Villahermosa Non-aeronautical 39% Regulated 3.6% 64% Commercial Merida 36% 5.4% Commercial Cancun Revenues 80.0% Aeronautical 61% Operational Information 2015 PAX by type by airport 26.1M Other 13.8% Villahermosa Regulation 4.9% Domestic Merida 45% 6.3% Cancun 75.0% International Company Overview 55% Source: Company filings; Note: Non-aeronautical revenues are derived from leasing of space in airports to airlines, restaurants, retailers and other commercial tenants and access fees collected from third parties providing complementary services (such as catering, handling, and ground transport). Commercial revenues are all non-aeronautical and include revenues related to retail (duty free & duty paid), food & beverages, advertising, banking & foreign exchange, car rental, car parking, ground transport, teleservices and others. Revenues from Construction Services are not included. PAX traffic Page 13 excludes transit and general aviation.
ASUR traffic evolution 1990 – 2015 Strategic Matters CAGR: 6.4% 2 5 . 0 Information Financial 2 0 . 0 Commercial Revenues 1 5 . 0 0 . 1 0 Operational Information 5 .0 Regulation 0 .0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 3M15 3M16 Company Overview 7.1% CAGR ’90–’15 (INT’L): Source: ASA from 1990-1998. ASUR management thereafter 5.6% CAGR ’90–’15 (DOM): Note: Transit and general aviation excluded 7.8% CAGR ’90–’15 (Cancun): Page 14
ASUR has a balanced mix of domestic and international traffic Passenger traffic by Origin – Destination (million PAX) Strategic Matters Information Financial % % of % CAGR Region 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 Change total Commercial 99-15 Revenues 2015 1 15 vs. 14 10.7 12.1 5.0 5.0 4.9 4.8 5.3 5.6 5.5 5.9 7.4 8.1 7.0 7.2 7.7 8.9 9.7 Mexico 13.1 46.1 5.6 8.8 USA 4.1 4.6 4.5 4.4 4.9 5.9 5.6 5.3 6.0 6.5 5.9 6.2 6.2 6.2 6.8 7.6 15.6 33.8 4.9 1.7 Europe 0.7 0.9 0.9 0.8 1.0 1.3 1.2 1.3 1.4 1.5 1.0 1.2 1.3 1.5 1.7 1.7 (0.8) 6.5 5.9 Operational Information 0.3 0.4 0.5 0.6 0.7 0.8 0.8 0.8 1.0 1.3 1.3 1.5 1.7 1.8 1.8 1.9 2.0 Canada 5.9 7.6 12.7 1.6 Latin America 0.5 0.5 0.5 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.3 0.5 0.6 0.9 1.1 1.3 23.8 6.0 7.1 0.0 Asia & Others 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 NA 0.0 NA Regulation ASUR 10.6 11.4 11.3 10.9 12.2 13.9 13.4 13.6 16.1 17.8 15.5 16.7 17.5 19.2 21.1 23.2 26.1 12.9 100 5.8 Company 1 Note: % of total refers to 2015 figure Overview Note: Excludes transit and general aviation; Page 15
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