Some of the statements contained in this presentation discuss future expectations or state other forward-looking information. Those statements are Company Overview subject to risks identified in this press release and in ASUR’s filings with the SEC. Regulation Actual developments could differ significantly from those contemplated in these Operational forward-looking statements. The forward-looking information is based on Information various factors and was derived using numerous assumptions. Our forward- Commercial Revenues looking statements speak only as of the date they are made and, except as may Financial Information be required by applicable law, we do not have an obligation to update or revise Strategic them, whether as a result of new information, future or otherwise. Matters International Page 2
Long Serving Fernando Chic ico Pardo Adolf lfo Castro Riv ivas Experienced Chairman of the Board of Directors Chief Executive and Financial Officer Head of Investor Relations Management with company since 2005 with company since 2000 Company Overview Cla laudio Góngora Morales Ale lejandro Pantoja López Regulation General Counsel Chief Infrastructure Officer Operational Information with company since 1999 with company since 2001 Commercial Carlo los Trueba Coll ll Manuel Gutiérrez Sola la Revenues General Director of Cancún Airport Chief Commercial Officer Financial Information with company since 1998 with company since 2000 Strategic Matters Héctor Navarrete Muñoz International General Director of Regional Airports with company since 1999 Page 3
Key value drivers Company • Long-term concession investments in attractive lo locations in Mexico, the Caribbean and Overview South America Regulation • Established regulatory framework Operational Information • Track record of consistent passenger growth Commercial Revenues • Bala lanced mix ix of international and domestic traffic Financial Information • Successful, market leading commercial business str trategy Strategic Matters • Strong cash fl flow profile and solid balance sheet International • Robust corporate governance and board of directors with experienced management Page 4
Sustainability is a key strategy in our business Company • Member of Bolsa Mexicana de Valores sustainability in index model Overview Regulation • Active participant of United Nations Glo lobal Compact, in Mexico and internationally Operational Certified by CEMEFI as Socially Responsible Company (13 th year) • Information Commercial • Airports’ Environmental Management Systems certified under IS ISO 14001 Revenues • Financial Environmental Compliance certification from Mexican Environmental Protection Agency Information • Focus on quality of f lif life for employees and community rela lations Strategic Matters • Strict standards of corp rporate governance and business eth thics International Page 5
Geographical presence Company Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International Source: Page 6 ASUR Company Filings
Illustrative flight times from various destinations Company Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International Page 7
ASUR, GAP and Corporación America are the only Latin American Airport Groups listed on NYSE Company Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International Page 8
FCHP & ADO Company Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International * Shared Voting Power: 21,147,094 shares with voting rights and delegated voting rights, as of December 31, 2019 Page 9 https://www.sec.gov/Archives/edgar/data/1123452/000108514620000594/asurba18_21020.htm
Dual Till System Regulated + Company Non Regulated Overview Revenues Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International Note: 2019 Revenues per PAX (excluding Construction Services), expressed In nominal pesos as of Dec 2019; passenger traffic excludes transit and general aviation passengers Page 10 ASUR adjusts specific tariffs / prices once every six months using the Mexican producer price index, excluding petroleum). Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
Visibility on capital expenditure requirements, as maximum rate negotiated along with Master Development Plan (MDP) is a function of programmed CAPEX MDP MDP In Investment Commit itments Committed (expressed in December 2018 Million Pesos) Investments 00 Company 00 Overview 00 1999-2019: Regulation 00 28,0 ,077 00 Operational Information mil illi lion pesos 0 Commercial Key proje jects s completed (1 (1999-2018) Futu ture Proje jects s (m (main in) Revenues 2020-2023: 1999: Government CAPEX backlog MID: Terminal expansion 2005: 9/11 security standards (includes a complete reconfiguration) Financial 10,7 ,787 CUN: Terminal 4 expansion, Information 2006-2007:Terminal 3 and second runway in CUN parallel taxiway on runway 2011: Passenger flow separation in CUN mil illi lion pesos 12L-30R, new access roads Strategic Required works for Airport Certification (9 airports) Matters OAX & VSA: Terminal Terminal building expansion: expansions • 2011-2013: HUX, MID, OAX and VSA ALL: Runway, Taxiways & International • 2014-2016: Terminal 2 & 3 in CUN and VER Apron repaving + • 2014-2017: Terminal 4 in CUN equipment renewal 1 Committed investments from May 1999 to Dec 2000; 2 195 M Pesos pesos have been paid each year (anticipated) – Terminal 3 Cancún Airport. Page 11 Note: Committed investments according to the approved MDP, expressed in million pesos as of Dec. 2019 based on the Mexican construction price index in accordance with the terms of the MDP. Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
Mexican Airports by PAX (thousand PAX) Company Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International 1 According to the Communications and Transport Ministry’s website Page 12 Source: Company financials, AICM website: Note: Selected airport sample includes ASUR, GAP, OMA and OHL concessions and the Mexico City airport; PAX traffic excludes transit and general aviation PAX
2019 2019 Revenues by business by airport Ps.10,716M Total Revenue Other 11.2% Villahermosa Non-aeronautical 40.9% Regulated 3.1% per PAX: 61.7% Commercial Merida 38.3% Ps.313.7 7.2% Company Overview Cancun 78.4% Regulation Aeronautical 59.1% Operational Information 2019 PAX by type by airport Commercial 34.2M Revenues Other 13.6% Villahermosa Financial 3.6% Information Domestic Merida 48.8% 8.2% Cancun Strategic 74.6% Matters International 51.2% International 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, Page 13 advertising, banking & foreign exchange, car rental, car parking, ground transport, teleservices and others. Revenues from Construction Services are not included. PAX traffic excludes transit and general aviation. Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
3 5 . 0 1990 – 2019 3 0 . 0 TOTAL PAX CAGR: 2 5 . 0 6.4% Company Overview 2 0 . 0 Regulation 1 5 . 0 Operational Information 1 0 . 0 Commercial Revenues 5 .0 Financial Information Strategic 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 2016 2017 2018 2019 6M19 6M20 Matters International CAGR ’90–’19 (INT’L): 6.8 6.8% CAGR ’90–’19 (DOM): 6.1 6.1% Source: ASA from 1990-1998. ASUR management thereafter Note: Transit and general aviation excluded Page 14 CAGR ’90–’19 (Cancun): 7.7 7.7% Otherwise stated, figures from operations in Puerto Rico and Colombia are excluded.
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