AIRBUS - 2019 Registration Document

Corporate Governance  / 4.2 Interests of Directors and Principal Executive Officers

LTIP Overview: Granting and Vesting

Share price at grant date

Units with performance achievement

Date of grants

Grant Type Number

Value at grant date

(Un) conditional

Performance achievement

Dates of vesting

Share value at vesting dates* 1 st vesting – 3 May 2017: €72.12 2 nd vesting– 3 November 2017: €81.92 3 rd vesting – 3 May 2018: €92.34 4 th vesting– 5 November 2018: €92.34

2013

Units 30,300 €46.17 €1,398,951 Conditional

75% 22,724 4 vestings in 2017-2018

1 st vesting – 3 May 2018: €94.40

2014

Units 29,500 €47.45 €1,399,775 Conditional

80% 23,600 2 vestings in 2018-2019

Not yet known

2015

Units 24,862 €56.31 €1,399,979 Conditional

75% 18,648 2 vestings in 2019-2020

2016

Units 14,240 €52.67 €750,021 Conditional

Not yet known

Not yet known Not yet known 2 vestings in 2020-2021

2016 Shares 14,240 €52.67 €750,021 Conditional

Not yet known

Not yet known Not yet known 1 vesting in 2020

2017

Units 10,162 €73.81 €750,057 Conditional

Not yet known

Not yet known Not yet known 2 vestings in 2021-2022

2017 Shares 10,162 €73.81 €750,057 Conditional

Not yet known

Not yet known Not yet known 1 vesting in 2021

Calculations may involve rounding to the nearest unit. * LTIP 2013 and 2014 cap was applied to the share price. Vesting will occur according to the respective rules and regulations of each plan. There will be no accelerated vesting due to the current CEO’s departure in 2019.

Performance Conditions of LTIP 2015 The performance conditions for LTIP 2015 were determined as follows: - - if Airbus reports negative cumulated EBIT results, the Board of Directors can decide in its sole discretion to review the vesting of the Performance Units, including the 50% portion which is not subject to performance conditions; - - 50% to 150% of the allocation would be granted depending on the compounded achievement of the two following performance criteria: - - 75% of average Earnings Per Share (“Ave EPS”): determined on a linear basis depending on three-year Ave EPS for the 2016, 2017 and 2018 fiscal years, with the three-year Ave EPS target for an allocation of 100% equal to €4.02, - - and 25% of cumulative FCF (“Cum FCF”): determined on a linear basis depending on three-year Cum FCF for the 2016, 2017 and 2018 fiscal years, with the three year Cum FCF target for an allocation of 100% equal to €8,281m. Review of Achievement of Performance Conditions The Board of Directors on 13 February 2019 noted the achievement of the performance conditions of the 2015 plan, i.e. for the 2016, 2017 and 2018 fiscal years. The three year Ave EPS was €2.95 and the three-year Cum FCF was €10,469m, after normalisation to align them with policies in force when setting the target (notably IFRS 15 and A220 impacts).

LTIP 2015 PERFORMANCE ACHIEVEMENT

50%

Ave EPS

Performance achievement: € 2.95

= 75%

150%

Cum FCF

Performance achievement: € 10,469m

Minimum Achievement

Maximum Achievement

150

Airbus / Registration Document 2018