Climate Bonds Certified Bond Fact SheetRoyal Schiphol Group NV

Date: 19-Nov-2018

Issue: 5-Nov-2018 Maturity: 5-Nov-2023 Tenor: 5Issuer NameRoyal Schiphol Group NV

Amount Issued

EUR500m (USD569m)

Country of risk

Netherlands

CBI Database

Included

Issuer Type1

Non-Financial Corporate

Bond Type

Senior unsecured

Green Bond
Framework

Green Bond Framework

Second party
opinionCertification Standard

Low Carbon Transport, Low Carbon
Buildings (Commercial, Upgrades)

Assurance report

N/A

Certification Verifier

Vigeo Eiris

Green bond rating

E2/74 (S&P Global Ratings)

Vigeo Eiris

Use of Proceeds☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☐ Energy performance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☒ Transport☒ Electric vehicles☐ Low emission vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water &wastewater☐ Water distribution☐ Water treatment☐ Wastewater treatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Wastemanagement☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Land use &agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose & paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation & resilience☐ ICT☐ Industry: process

Issue details
Reporting

The issuer will report on the allocation of net proceeds annually and the report will
include details of:• Total amount of investments and expenditure in the Eligible Green Project Portfolio• Total number of new and existing investments (financing and refinancing)• The balance of unallocated proceeds• Levels of certification of the buildings
The report will also describe the impacts of the nominated projects at least at thecategory level. This may include quantitative metrics such as the avoided CO2 emissions,energy savings, number of electric vehicles and number of charging points.

Company information

The Royal Schiphol Group is a Dutch company which owns and operates the Amsterdam
Schiphol Airport, which is the third busiest airport in Europe by passenger numbers.

Firsts, records andcertificationsFirst Certified Climate Bond from the aviation sector. Mexico City Airport and the Greater
Orlando Aviation Authority (United States) have also issued green bonds to finance theconstruction/upgrades of airport buildings.

Proceeds description

The majority of the proceeds will be used for the refurbishment for existing airport
buildings and the construction of several new buildings that comply with the Low Carbon
Buildings Criteria. A smaller portion of the proceeds will be used for acquiring newelectric vehicles for passenger transport and for the installation of the related charging
infrastructure.

Climate Bonds view
Underwriters

ING, BNP Paribas, Natwest

Deal comments

1Credit Rating

A+ (S&P); A1 (Moody’s)

Pricing summary

The final order book amounted to around EUR 3 billion. (source)

Investors summary

The bonds were placed with a broad range of institutional investors, including strong
demand from investors managing ESG investment mandates. (source)

Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign