7 April 2020

New Segment Reporting2019 Quarterly Restatements

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 Airbus SE’s 2019 Universal Registration Document dated 23 March 2020, including the Risk
Factors section.
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.

New Segment Reporting from 1 January 2020

 According to IFRS standards, the reportable operating segments should mirror the way the Company's

top management reviews the performance of the business In April 2019, Airbus introduced its new management and governance structure The activities related to innovation and digital transformation which were formerly reported in “Transversal

are now included in the business segment “Airbus” under the new segment structure. “Eliminations” willcontinue to be reported separately. The internal financial reporting has been modified accordingly since 1January 2020
 Starting with Q1 2020, financials will be presented under the new segment structure This document provides comparative information for 2019 figures: There is no impact on revenues per segment
 The impact on EBIT and EBIT Adjusted per segment can be seen on the following pages
 These restatements do not change any 2019 figures at Consolidated Airbus level3

Quarterly Revenues Breakdown (Cumulative)4

IN € MILLION
Q1 2019

As reported

H1 2019

Impact from
Restated
New Segment New Segment

As reported

Impact from
Restated
New Segment New Segment

Airbus

9,697

09,697 Airbus

Airbus24,043024,043 Airbus

Helicopters

1,00701,007 Helicopters

Helicopters

2,37102,371 Helicopters

Defence and Space

2,11202,112 Defence and Space

Defence and Space

5,015

05,015 Defence and SpaceTransversal / Elim.

(267)

0(267) Eliminations

Transversal / Elim.

(563)

0(563) Eliminations

12,549030,866

0Consolidated Airbus

12,549 Consolidated Airbus

Consolidated Airbus

9m 2019

As reported

30,866 Consolidated Airbus

FY 2019

Impact from
Restated
New Segment New Segment

As reported

Impact from
Restated
New Segment New Segment

Airbus35,572035,572 Airbus

Airbus54,775054,775 Airbus

Helicopters3,7120

3,712 Helicopters

Helicopters

6,007

06,007 Helicopters

Defence and Space

7,706

0

7,706 Defence and Space

Defence and Space

10,9070

10,907 Defence and SpaceTransversal / Elim.

(822)

0(822) Eliminations

Transversal / Elim.

(1,211)0(1,211) Eliminations

46,1680Consolidated Airbus

70,478070,478 Consolidated Airbus

Consolidated Airbus

46,168 Consolidated Airbus

The restatements resulting from the change in reporting segments do not change the 2019 figures at Consolidated Airbus level

Quarterly EBIT Adjusted Breakdown (Cumulative)

5IN € MILLION
Q1 2019

As reportedH1 2019

Impact from
Restated
New Segment New Segment

Airbus536(73)

Helicopters

15Defence and SpaceAs reported

463 Airbus

Airbus015 Helicopters

1010Transversal / Elim.

(103)

Consolidated Airbus

549Airbus

2,193 Airbus

2,338(145)

Helicopters

1250125 Helicopters

101 Defence and Space

Defence and Space233

0233 Defence and Space73(30) Eliminations

Transversal / Elim.

(167)

145

0549 Consolidated Airbus

Consolidated Airbus

2,529

09m 2019

As reported

Impact from
Restated
New Segment New Segment(22) Eliminations
2,529 Consolidated Airbus

FY 2019

Impact from
Restated
New Segment New Segment
3,593 Airbus

3,833(240)

Helicopters

205

0205 Helicopters

Defence and Space

355

0Transversal / Elim.

(260)

240

Consolidated Airbus

4,133

0As reportedAirbus

Impact fromRestated
New Segment New Segment
5,947 Airbus

6,358(411)

Helicopters

422

0422 Helicopters

355 Defence and Space

Defence and Space

565

0565 Defence and Space(20) Eliminations

Transversal / Elim.

(399)

411

Consolidated Airbus

6,946

04,133 Consolidated Airbus

The restatements resulting from the change in reporting segments do not change the 2019 figures at Consolidated Airbus level

12 Eliminations
6,946 Consolidated Airbus

Quarterly EBIT Breakdown (Cumulative)

6IN € MILLION
Q1 2019

As reported
Airbus

H1 2019

Impact from
Restated
New Segment New Segment392(73)

90

Defence and Space(117)

0Transversal / Elim.

(103)

Consolidated Airbus

181

Helicopters

319 Airbus

As reported
AirbusAirbus2,006 Airbus

2,151(145)

Helicopters

1240124 Helicopters(117) Defence and Space

Defence and Space(15)

0(15) Defence and Space

73(30) Eliminations

Transversal / Elim.

(167)

145

0181 Consolidated Airbus

Consolidated Airbus

2,093

09 Helicopters

9m 2019

As reported

Impact fromRestatedNew Segment New Segment(22) Eliminations
2,093 Consolidated Airbus

FY 2019

Impact fromRestated
New Segment New Segment
3,165 Airbus

3,405(240)

Helicopters

203

0203 Helicopters

Defence and Space83

0Transversal / Elim.

(260)

240

Consolidated Airbus

3,431

0

As reportedAirbus

Impact from
Restated
New Segment New Segment
1,794 Airbus

2,205(411)

Helicopters

414

0414 Helicopters

83 Defence and Space

Defence and Space(881)

0(881) Defence and Space(20) Eliminations

Transversal / Elim.

(399)

411

Consolidated Airbus

1,339

03,431 Consolidated Airbus

The restatements resulting from the change in reporting segments do not change the 2019 figures at Consolidated Airbus level

12 Eliminations
1,339 Consolidated Airbus

Glossary on Alternative Performance Measures (APM)
This presentation also contains certain “non-GAAP financial measures”, i.e. financial measures that either exclude or include amounts that are not excluded or included in the most directly comparable
measure calculated and presented in accordance with IFRS. For example, Airbus makes use of the non-GAAP measures “EBIT Adjusted”, “EPS Adjusted” and “Free Cash Flow”.
Airbus uses these non-GAAP financial measures to assess its consolidated financial and operating performance and believes they are helpful in identifying trends in its performance. These measuresenhance management’s ability to make decisions with respect to resource allocation and whether Airbus is meeting established financial goals.

Non-GAAP financial measures have certain limitations as analytical tools, and should not be considered in isolation or as substitutes for analysis of Airbus’ results as reported under IFRS. Because of
these limitations, they should not be considered substitutes for the relevant IFRS measures.
 EBIT: Airbus continues to use the term EBIT (Earnings before interest and taxes). It is identical to Profit before finance cost and income taxes as defined by IFRS Rules.
 Adjustment is an alternative performance measure used by Airbus which includes material charges or profits caused by movements in provisions related to programmes, restructuring or foreignexchange impacts as well as capital gains/losses from the disposal and acquisition of businesses.
 EBIT Adjusted: Airbus uses an alternative performance measure, EBIT Adjusted as a key indicator capturing the underlying business margin by excluding material charges or profits caused by
movements in provisions related to programmes, restructuring or foreign exchange impacts as well as capital gains/losses from the disposal and acquisition of businesses.
 EPS Adjusted is an alternative performance measure of a basic EPS as reported whereby the net income as the numerator does include Adjustments. For reconciliation see slide “Detailed Income
Statement and Adjustments”.
 Gross cash position: Airbus defines its consolidated gross cash position as the sum of (i) cash and cash equivalents and (ii) securities (all as recorded in the consolidated statement of financialposition).
 Net cash position: Airbus defines its consolidated net cash position as the sum of (i) cash and cash equivalents and (ii) securities, minus (iii) financing liabilities (all as recorded in the consolidated
statement of financial position) as defined in the Universal Registration Document, MD&A section 2.1.6.
 Gross cash flow from operations: Gross cash flow from operations is an alternative performance measure and an indicator used by Airbus to measure its operating cash performance beforechanges in other operating assets and liabilities (working capital). It is defined in the Universal Registration Document, MD&A section 2.1.6 as cash provided by operating activities, excluding (i)changes in other operating assets and liabilities (working capital), (ii) contribution to plan assets of pension schemes and (iii) realised foreign exchange results on treasury swaps.
 Changes in working capital: it is identical to changes in other operating assets and liabilities as defined by IFRS Rules. It is comprised of inventories, trade receivables, other assets and prepaid
expenses netted against trade liabilities, other liabilities (including customer advances), deferred income and customer financing.
 FCF: For the definition of the alternative performance measure free cash flow, see Universal Registration Document, MD&A section 2.1.6.1. It is a key indicator which allows the Company to measure
the amount of cash flow generated from operations after cash used in investing activities.
 FCF before M&A refers to FCF as defined in the Universal Registration Document, MD&A section 2.1.6.1. adjusted for net proceeds from disposals and acquisitions. It is an alternative performancemeasure and indicator that is important in order to measure FCF excluding those cash flows from the disposal and acquisition of businesses.
 FCF before M&A and Customer Financing refers to free cash flow before mergers and acquisitions adjusted for cash flow related to aircraft financing activities. It is an alternative performancemeasure and indicator that may be used occasionally by the Company in its financial guidance, especially when there is higher uncertainty around customer financing activities.