23 March 2020

Guillaume FAURY| Chief Executive Officer

Dominik ASAM

| Chief Financial Officer

Safe Harbour Statement
DISCLAIMER
This presentation includes forward-looking statements. Words such as “anticipates”, “believes”, “estimates”, “expects”, “intends”, “plans”, “projects”, “may” and similar expressions are used to identify
these forward-looking statements. Examples of forward-looking statements include statements made about strategy, ramp-up and delivery schedules, introduction of new products and services andmarket expectations, as well as statements regarding future performance and outlook. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events andcircumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

These factors include but are not limited to: Changes in general economic, political or market conditions, including the cyclical nature of some of Airbus’ businesses;
 Significant disruptions in air travel (including as a result of the spread of disease or terrorist attacks);
 Currency exchange rate fluctuations, in particular between the Euro and the U.S. dollar;
 The successful execution of internal performance plans, including cost reduction and productivity efforts;
 Product performance risks, as well as programme development and management risks; Customer, supplier and subcontractor performance or contract negotiations, including financing issues;
 Competition and consolidation in the aerospace and defence industry; Significant collective bargaining labour disputes;
 The outcome of political and legal processes, including the availability of government financing for certain programmes and the size of defence and space procurement budgets; Research and development costs in connection with new products;
 Legal, financial and governmental risks related to international transactions; Legal and investigatory proceedings and other economic, political and technological risks and uncertainties;
 The full impact of the outbreak of the COVID-19 disease.

As a result, Airbus’ actual results may differ materially from the plans, goals and expectations set forth in such forward-looking statements.
For a discussion of factors that could cause future results to differ from such forward-looking statements, see the 2018 Airbus SE Registration Document dated 29 July 2019, including the Risk Factors
section. When published, the 2019 Airbus SE Registration Document will contain an updated discussion of factors that could cause future results to differ from such forward-looking statements.
Any forward-looking statement contained in this presentation speaks as of the date of this presentation. Airbus undertakes no obligation to publicly revise or update any forward-looking statements inlight of new information, future events or otherwise.

Rounding disclaimer:
Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.

Key Topics

Airbus has adopted measures to ensure the health and safety of employees while securing business continuity amid COVID-19 pandemicFrench, Spanish sites to partially resume production and assembly following health and safety checks

Strong balance sheet and significant liquidity available to cope with additional cash requirements related to COVID-19



Actions taken in response to COVID-19 to bolster liquidity and balance sheet:New € 15 bn credit facilityWithdrawal of 2019 dividend proposal with cash value of € 1.4 bn

Suspension of top up pension fundingOperational measures to minimise cash requirements have also been identified2020 guidance withdrawn given limited visibility on Airbus business environment due to COVID-19 situation

Strong focus on supporting customers and deliveries3

A Resilient Backlog providing Protection

4
Key Messages

Airbus Commercial Aircraft(as of 29-Feb-20)
Order Book in units by Programme

A220

A320

6%5% 8%Size and quality of backlog serveas "shock absorber“ against

8%

volatility

7%
36%

8%

547 units

7,670 units

29%

6,209 units
17%

52%
Asia PacificStrong A320 competitive
position in Single Aisle market of24%particular importance

EuropeNorth America

Middle Eastutilisation due to lower traffic

Latin America

A330
A220

7%

A320

81%

A330

4%

A350

8%

A3800%

A350

Other35%

328 units
7%23%

density on many routes

2%6%

20%

15%

A220 shows above average

29%
22%

577 units
14%27%

First signs of slow recovery ofdomestic air traffic in China

Airbus Liquidity

5Airbus’ strong balance sheet provides sources of liquidity readily available
As of 31 December 2019

YTD 2020 evolution & available liquidity:€ 3.0 bn

€ 3.6 bn payment related to penalties for agreements with authorities

Credit Facility (RSCF)$ 0.5 bn payment related to the acquisition of Bombardier's remaining stakein the Airbus Canada Limited Partnership€ 10.1 bn



YTD 2020 funding of operations

Financing Liabilities

New € 15 bn credit line: € 5 bn recently implemented, € 10 bn committed€ 22.7 bnTotal Gross CashAvailable liquidity now amounts to approximately € 30 bn

Invested inhighly rated securities

excluding non-pooled cash
€ 12.5 bn
Net Cash

Available liquidity as of 31 December 2019
€ 25.7 bn

Measures to minimise cash requirements:2019 dividend proposal withdrawnTop up pension funding suspendedOperational measures identified – will be activated depending on thefurther development of the pandemic

Airbus can Secure Sustainable Access to Multiple Funding Sources

Airbus Bank as a vehicle to ensure liquidity of financial assets in disrupted markets: ability to deposit cash at Bundesbank
 access to ECB repo program for eligible securities

Robust credit worthiness and strong relationship with banks evidenced by significant
capital commitments from leading US, UK and European banks even in times of extreme
volatility

Available liquidity
now amounts toapproximately€ 30 bnexcluding non-pooled cash

Potential additional funding sources:

EUR: € 3.0 bn Negotiable European Commercial Paper (NeuCP) & bond issuances under €7bn EMTN programme
USD: $ 3.0 bn USCP & 144a bond issuances

Likely eligibility to several newly implemented measures by central banks like the € 750 bn ECB’s “Pandemic Emergency Purchase
Programme” which makes non-financial commercial paper of sufficient credit quality eligible (as long as the crisis remains)

6Airbus Debt Breakdown and Maturities

7

As of 31 December 2019

5,000
EMTN bonds

4,500

4,000

US 144A bonds

3,500
in € m

3,000

14%
31%

Equity-Linked bonds

2,500
2,000

Banks loans with DBJ

1,500
1,000

Other loans, finance lease andliabilities to financial institutions

5000< 1 yearFrom 1 to 2years

Note: Excludes RSCF (Maturity 2021)

From 2 to 3years

From 3 to 4years

From 4 to 5years> 5 years

Liabilities to affiliated companies

21%

1%
11%

22%