Q1 2023 RESULTS

BOLOGNA, MAY 15TH 2023

HIGHLIGHTS

Q1 2023

FINANCIALS

2023 KEY UPDATES

GROUP HIGHLIGHTS

2

AEROPORTO G. MARCONI DI BOLOGNA S.p.A.

EUROPEAN TRAFFIC TREND IN Q1 2023

Mar23 vs

YTD Mar23 vs

European Traffic

YTD

YTD

trend

Mar22

Mar19

Mar22

Mar19

Total passengers

34,3%

(11,1%)

48,8%

(10,6%)

HIGHLIGHTS

EU airports

33,9%

(11,4% )

50,9%

(10,9% )

Q1 2023

EU+ airports

34,8%

(11,6% )

53,4%

(11,5% )

FINANCIALS

Non EU+ airports

31,9%

(8,4% )

30,2%

(6,0% )

2023

International pax

40,9%

(8,6%)

58,4%

(9,0%)

KEY UPDATES

Domestic pax

16,8%

(21,4%)

26,4%

(18,5%)

Freight

(7,4%)

(12,7%)

(8,7%)

(7,9%)

Movements

18,7%

(14,3%)

24,0%

(15,5%)

ACI Europe confirms the recovery in passenger traffic, but after an increasing trend in Q1 2022 Europe started to register a decline in airline bookings showing a demand that is being eroded by travel disruption and inflation concerns, while the flatlining capacity recovery suffers from the seasonality of the winter season.

However, the gradual recovery is the result of most States in the EU+ area easing restrictions for both intra-European and external travel on the back of strong pent-up demand. The best performing markets in the EU+ area in Q1 2023 were Uzbekistan (+113%), Albania (+91%) and Kazakhstan (+55%). Worst performing were Monaco (-55%),Slovakia (-45%)and Slovenia (-41%).

In the rest of Europe, the Russian war against Ukraine seemed to have only partially impacted the passenger traffic trend in Q1 2023, recovering from -39% in Q1 2022 to -11% in Q1 2023. However, despite the Covid-19restrictions easing, especially in the Asia/Pacific region, the macroeconomic and financial disruptions occurred in the last months mildly acted as deterrent to travel movements.

3

Source: ACI Europe.

AEROPORTO G. MARCONI DI BOLOGNA S.p.A.

TRAFFIC TREND OF MAIN ITALIAN AIRPORTS IN Q1 2023

HIGHLIGHTS

Q1 2023

FINANCIALS

2023 KEY UPDATES

TRAFFIC IN ITALY:

-4.5% vs Q1 2019

Italian airports recorded 34 million passengers in Q1 2023, an increase compared to 2022 (+12.9 million pax, +55.9%), but still below the 2019 volumes (-1.7million pax, -4.5%),despite the steady growth.

Strong recovery in traffic volumes by the airports of southern Italy, the islands (in particular Napoli, Bari and Catania) and Bergamo.

In Q1 2023, Bologna is the eighth Italian airport with a market share of 5.0%.

4

Source: Assaeroporti, Aeroporti2030.

AEROPORTO G. MARCONI DI BOLOGNA S.p.A.

HIGHLIGHTS

Q1 2023 FINANCIALS

2023

35.000

BLQ TRAFFIC PERFORMANCE IN Q1 2023

In Q1 2023 total passengers were 1,803,185, +42.9% vs 2022, with 14,916

movements (+19.7% vs 2022).

If compared to 2019, Q1 2023 passengers decreased by 8.1% and movements

by 7.4%.

+42.0% vs Q1 2022 -8.1% vs Q1 2019

KEY UPDATES

30.000

25.000

20.000

15.000

10.000

5.000

0

1Gen 3Gen 5Gen 7Gen 9Gen 11Gen 13Gen 15Gen 17Gen 19Gen 21Gen 23Gen 25Gen 27Gen 29Gen 31Gen 2Feb 4Feb 6Feb 8Feb 10Feb

12Feb 14Feb 16Feb 18Feb 20Feb

22Feb 24Feb 26Feb 28Feb 2Mar 4Mar 6Mar 8Mar 10Mar 12Mar 14Mar 16Mar 18Mar 20Mar 22Mar 24Mar 26Mar 28Mar 30Mar

Pax 2019

Pax 2022

Pax 2023

5

AEROPORTO G. MARCONI DI BOLOGNA S.p.A.

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Aeroporto Guglielmo Marconi di Bologna S.p.A. published this content on 15 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2023 15:44:04 UTC.