Fraport : 9M2021_Analyst Presentation

Analyst Presentation I November 2021

3Q21

Dr. Stefan Schulte, CEO I Prof. Dr. Matthias Zieschang, CFO

Disclaimer

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2	3Q21 Analyst Presentation l November 2021

9M21 Financials

Solid EBITDA Performance as Revenue Increases & Opex Declines

EUR mn	Total Revenue1
	+41%
	[+13%]2	1,700
1,206
	3332
		1,367
9M20		9M21

EBITDA >100%

	[>100%]	624
			3332
52 3
	291
9M20		9M21
-228

Opex1

		-25%
1,434	[-7%]	3
	1,076
280	3
1,154
9M20		9M21

Profit after Minorities

9M20			9M21
		>100%		97

9M20	9M21

-515

• Frankfurt and International Activities with revenue increases (with or w/o one-offs)
• Opex Improvement on reported and underlying basis
• Stronger increase in EBITDA than in revenue
• 9M Profit back in black

3	3Q21 Analyst Presentation l November 2021

1 Adjusted for IFRIC 12 ² Taking account of EUR c.333mn special effects. An overview is presented in the Appendix. "[ mn]" figures correspond to numbers excl. those items. 3 Adjusted for EUR 279.5mn staff provision booked in 3Q 2020

3Q21 Financials

Underlying EBITDA at 59% of pre-COVID Level

EUR mn	Total Revenue1
	+85%
	[+77%]2	682
368		30 2
	652
3Q20		3Q21

EBITDA

>100% 289

[>100%] 302

29 3	259
3Q20	3Q21

-250

Opex1

	-36%	3
618	[+17%]
3	394
280
338
3Q20		3Q21

Profit after Minorities

9M20				9M21
		>100%			77

3Q20	3Q21
-304

• Frankfurt and International Activities with revenue increases (with or w/o one-offs)
• Opex increase disproportionately low compared to revenue
• Intl. Activities underlying EBITDA at 77% of pre-COVID EBITDA, Frankfurt at 44%, cumulated: 59%
• Positive net result with or w/o one-offs

4	3Q21 Analyst Presentation l November 2021

1 Adjusted for IFRIC 12 ² Taking account of EUR c.30mn special effects. An overview is presented in the Appendix. "[ mn]" figures correspond to numbers excl. those items. 3 Adjusted for EUR 279.5mn staff provision booked in 3Q 2020

Passenger Review

Sequential 3Q21 Improvement

9M Passenger Performances											3Q Passenger Performances
											Sequential 3Q Improvement
-2%		+30%		+92%		+21%		+85%			+2%		>100		+65%		+20%		vs.20		>100		>100		>100		>100		>100			>100		>100		+51%		-26%
-71%		-61%		-47%		-50%		-63%			-81%		-44%		-11%		-27%		vs.19		-55%		-49%		-25%		-34%		-55%			-65%		-24%		-5%		-40%
54.2

					9M19			9M20			9M21			35.6
			26.2						29.1			26.1
														21.9
16.2	17.6							16.2
15.8		13.9								15.2	13.5
			11.4
		5.47.0	7.3		4.75.7			7.1	8.2
			4.6
							0.91.7	1.50.30.3
Frankfurt	Lima Greece	Brazil	Bulgaria	Ljubljana Antalya	St.	Xi'An
												Petersburg

20.5					3Q19		3Q20			3Q21
			15.3							15.9
			11.5						12.0			12.7
										10.4
9.3
													7.7
		6.3											6.4	6.0
		5.5							4.6
4.0			3.9				4.0
3.2				3.2
		2.5
		0.3			0.9	0.71.4	0.60.10.2
	Frankfurt	Lima Greece	Brazil		Bulgaria	Ljubljana Antalya		St.	Xi'An
													Petersburg

5	3Q21 Analyst Presentation l November 2021