Analyst Presentation I August 2022

2Q22

Prof. Dr. Matthias Zieschang, CFO

At A Glance

Key Message: "Strong Traffic Recovery in Frankfurt and Abroad"

▪ Frankfurt Passengers recover up to 80% of 2019

▪ International Activities with even stronger Traffic Performance on average

▪ 2Q22 EBITDA recovers to 91% of 20191

▪ International Activities 2Q EBITDA above 2019 Level 1

▪ St. Petersburg Loan Write-Down adversely impacts Group Result as one-off

▪ Steady Access to Debt Capital Markets despite higher Nominal Bond Yields

1H22 marks Traffic and Financial Turnaround, leaving 2 Years of Pandemic behind

1 Excluding Xi'An Divestment

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2Q22 Analyst Presentation l August 2022

Business Update

Quick Recovery in Frankfurt Passenger Numbers

Frankfurt Passenger Numbers p. Day 7-Days Average

Strongest Momentum so far

250,000

~170-180k Passengers

Start at ~90k Passengers

200,000

Strike

impact

150,000

"Omicron Trough"

100,000

at ~60k Passengers

50,000

0

2019

2021

2022

Calendar 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Week

Preliminary Figures for July '22:

Frankfurt at ~72.5% of 2019

YTD at ~63.7% of 2019

  • Distinct Acceleration in Passenger Recovery
  • April, May, June '22 with growing
    Momentum, up to 80% of 2019
  • European-wideDisruptions led to Flight Cancellations as of June and adversely impacted Pax Recovery
  • Expect more seamless Summer Operations from now on with Passenger numbers at ~70-75% of 2019
    → sufficient to Upgrade Traffic
    Guidance

Low 1H22 Start due to Omicron will lead to easy 1H23 Comps and will

Support 2023 Traffic Performance over and beyond Operational Development

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2Q22 Analyst Presentation l August 2022

Business Update

Key Short-Haul Leisure Markets Almost Fully Recovered!

Preliminary Figures for July '22: Fraport Greece at ~111% of 2019 Antalya at ~93% of 2019

June 22 Passenger Numbers

!

Adjusted for Russian Traffic:

% of 2019

Comparable Development to

Fraport Greece!

103%

77%

81%

82%

49%

54%

Lima

Greece

Brasil

Bulgaria

Ljubljana

Antalya

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2Q22 Analyst Presentation l August 2022

6M22 Group Financials

Strong EBITDA Recovery Thanks to Traffic Improvement

Key Financials

EUR mn

Total Revenues1

Opex1

Comments

▪ All major Airports and Revenue Streams with underlying Growth

over Previous Year

+28%2

[+75%]

1,303

1,018

542

303 2

1,249

715

6M21

6M22

+31%

683

895

6M21

6M22

▪

Despite high number of one-off Items in 6M21, Total Revenues

clearly up

▪

6M21 Opex positively affected by Application of Short-time Work

in the area of EUR c.64mn

EBITDA

+22%2

[>100%]

335

408

542

3032

354

32

6M21

6M22

Group Result

1Q21 -100% 1Q22

15

6M216M22

-53

  • Higher 6M22 Opex mainly due to Turnover-related Concession Charges, increased Cost for temporary Staff and Energy Supply
  • Strong 6M22 EBITDA Increase supported by Xi'An Divestment
  • Negative Group Result due to EUR c.163mn St. Petersburg Loan write-down

1 Adjusted for IFRIC 12

² In 6M21 Total Revenues of in total EUR c.303mn were recorded from COVID-19 compensations and the settlement of a legal dispute in the Frankfurt security business.

6M22 Total Revenues reflected one-offs in connection with the divestment of Xi'An in the area of EUR c.54mn. One-off details are presented in the Appendix. "[ %]" figures correspond to delta excl. those items.

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2Q22 Analyst Presentation l August 2022

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Fraport AG published this content on 05 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 December 2022 14:01:02 UTC.