# EDGAR Filing Document

**Accession Number:** 0001717393
**File Stem:** 0001104659-26-058879
**Filing Date:** 2026-5
**Character Count:** 171623
**Document Hash:** 5b67bd7c7081a8836473cbba72b922c0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-058879.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0001104659-26-058879

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 10

**CONFORMED PERIOD OF REPORT**: 20260511

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260511

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CORPORACION AMERICA AIRPORTS S.A.
- **CENTRAL INDEX KEY:** 0001717393
- **STANDARD INDUSTRIAL CLASSIFICATION:** AIRPORTS, FLYING FIELDS & AIRPORT TERMINAL SERVICES [4581]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** N4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38354
- **FILM NUMBER:** 26965395

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 128 BOULEVARD DE LA PETRUSSE
- **CITY:** LUXEMBOURG
- **PROVINCE COUNTRY:** N4
- **ZIP:** 2330
- **BUSINESS PHONE:** 352-26258274

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 128 BOULEVARD DE LA PETRUSSE
- **CITY:** LUXEMBOURG
- **PROVINCE COUNTRY:** N4
- **ZIP:** 2330

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20546**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

For the month of May, 2026

Commission File Number: 333-221916

------

**Corporación América Airports S.A.**

(Name of Registrant)

**128, Boulevard de la Pétrusse<br> L-2330 Luxembourg<br> Tel: +35226258274**

(Address of Principal Executive Office)

------

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ⌧ Form 40-F ◻

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ◻

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ◻

**INFORMATION CONTAINED IN THIS FORM 6-K REPORT**

Our subsidiary in Argentina, Aeropuertos Argentina 2000 S.A. ("<u>AA2000</u>"), files quarterly financial statements in Spanish (both on a consolidated and individual basis) before the Argentine Securities and Exchange Commission (*Comisión Nacional de Valores*) ("<u>CNV</u>"). AA2000 also files other periodic reports and notices with the CNV due to the fact that certain of its debt securities are subject to the public offering regime in Argentina. All such reports and notices are available at the website of the CNV (http://www.cnv.gob.ar). In addition, AA2000 files quarterly consolidated and individual financial statements in English before the Luxembourg Stock Exchange, in accordance with International Financial Reporting Standards ("<u>IFRS"</u>) as issued by the International Accounting Standards Board, on which said debt securities are listed and to the trustee under the indenture governing these debt securities. We are furnishing the information under cover of this Form 6-K to make this information available to the holders of our common shares.

This Form 6-K contains a free translation into English of the stand-alone condensed consolidated financial statements for the quarter and three-month period ended March 31, 2026 of AA2000 (the "<u>AA2000 Consolidated Financial Statements</u>") as well as the stand-alone condensed individual financial statements for the quarter and three-month period ended March 31, 2026 (the "<u>AA2000 Individual Financial Statements</u>" and jointly with the AA2000 Consolidated Financial Statements, the "<u>AA2000 Financial Statements</u>") that have been made publicly available in Argentina in Spanish. The AA2000 Financial Statements, have been prepared in accordance with the accounting framework established by the CNV, which is based on the application of the IFRS. These AA2000 Financial Statements are presented in Argentine pesos and were audited in accordance with International Standards on Auditing as approved by the International Auditing and Assurance Standards Board (IAASB).

There are certain differences between the AA2000 Consolidated Financial Statements and the consolidating information for the Argentine segment included in the consolidated financial statements of Corporación América Airports S.A. ("<u>CAAP</u>"), such as AA2000's own transition date to IFRS and its reporting currency, among others.

As a result, the AA2000 Financial Statements contained in this Form 6-K are for informational purposes only and not comparable to the financial information included in the Argentine segment in the consolidated financial statements of CAAP included in our annual report on Form 20-F and that consolidate the results of operations and financial condition of all our subsidiaries. Furthermore, neither the AA2000 Consolidated Financial Statements nor the AA2000 Individual Financial Statements should be construed as any indication of how our Argentina segment information will be presented in the consolidated financial statements of CAAP.

**Exhibits**

---

| | |
|:---|:---|
| **<u>Exhibit No.</u>** | **<u>Description</u>** |
| [99.1](tm2614265d1_ex99-1.htm) | [Free translation into English of AA2000 Condensed Consolidated Financial Statements for the quarter and three-month period ended March 31, 2026.](tm2614265d1_ex99-1.htm) |
| [99.2](tm2614265d1_ex99-2.htm) | [Free translation into English of AA2000 Condensed Individual Financial Statements for the quarter and three-month period ended March 31, 2026.](tm2614265d1_ex99-2.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| **Corporación America Airports S.A.** | **Corporación America Airports S.A.** |
| By: | /s/ Andres Zenarruza |
| Name: | Andres Zenarruza |
| Title: | Head of Legal |
| By: | /s/ Jorge Arruda |
| Name: | Jorge Arruda |
| Title: | Chief Financial Officer |

---

Date: May 11, 2026

## Exhibit 99.1

**Exhibit 99.1**

![](tm2614265d1_ex99-1img001.jpg)

**Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format

![](tm2614265d1_ex99-1img002.jpg)

**<u>Index</u>**

---

| |
|:---|
| Glossary of terms |
| Condensed Consolidated Interim Financial Statements |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Statements of Comprehensive Income |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Statements of Financial Position |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Statements of Changes in Equity |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Statements of Cash Flows |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notes to the Condensed Consolidated Interim Financial Statements |
| Summary of Information requested by Resolution N° 368/01 of the National Securities Commission |
| Review Report of the Condensed Consolidated Interim Financial Statements |
| Report of the Supervisory Committee |

---

**<u>Glossary</u>**

---

| |
|:---|
| **Definition** |
| $Argentine peso |
| US dollar |
| Euro |
| Sterling pound |
| Canadian dollar |
| Aeropuertos Argentina 2000 S.A. |
| Acronym for Central Bank of Argentine Republic |
| Bank of Argentine Nation |
| Official Gazette |
| Corporación América Airports S.A. |
| Committee on Interpretations of International Financial Reporting Standards |
| National Securities Commission |
| Professional Council of Economic Sciences of the Autonomous City of Buenos Aires |
| Argentine Federation of Professional Councils of Economic Sciences |
| Acronym for International Accounting Standards Board |
| Acronym for International Air Transport Association |
| Acronym for National Institute of Statistics and Censuses |
| Consumer Price Index (General Level) |
| Acronym for Free Exchange Market |
| International Accounting Standards |
| International Financial Reporting Standards |
| International Civil Aviation Organization |
| Negotiable Obligations |
| Acronym for Regulatory Body of the National Airport System |
| National Executive Power |
| Financial Projection of Income and Expenditures |
| Acronym for Payment in Kind |
| Property , Plant & Equipment |
| Result from Exposure to Changes in the Purchasing Power of the Currency |
| National Airport System |
| Nominal annual interest rate |
| Ordered Text |

---

![](tm2614265d1_ex99-1img002.jpg)

Registration number with the Superintendency of Corporations: 1645890

**Honduras 5663 – Autonomous City of Buenos Aires**

<u>Principal activity of the Company</u>: Exploitation, administration and operation of airports.

<u>Company Name:</u> Aeropuertos Argentina 2000 S.A.

**Condensed Consolidated Interim Financial Statements**

For the three- month period of the

Fiscal Year N° 29 commenced January 1, 2026

<u>Date of registration with the Public Registry of Commerce:</u>

Of the By-laws: February 18, 1998

Of the last modification of the By-laws: January 03, 2023

<u>Expiration date of the company:</u> February 17, 2053

<u>Controlling Company:</u>

Corporate Name: Corporación América S.A.U.

Legal Address: Honduras 5673 – Autonomous City of Buenos Aires

Principal activity: Investments and financing

Participation of the Parent Company in common stock and total votes: 45,90%

<u>Capital breakdown (Note 14):</u>

---

| | | |
|:---|:---|:---|
| Issued Common Shares of N/V $1 and 1 vote each: | Issued Common Shares of N/V $1 and 1 vote each: | Issued Common Shares of N/V $1 and 1 vote each: |
|  | Subscribed | Paid-in |
|  | **$** | **$** |
| 79,105,489 Class "A" Shares | 79105489 | 79105489 |
| 79,105,489 Class "B" Shares | 79105489 | 79105489 |
| 61,526,492 Class "C" Shares | 61526492 | 61526492 |
| 38,779,829 Class "D" Shares | 38779829 | 38779829 |
|  | **258517299** | **258517299** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Consolidated Statement of Comprehensive Income**

For the three month period ended at March 31, 2026 and 2025

---

| | | | |
|:---|:---|:---|:---|
|  | | **Three months at** | **Three months at** |
|  | | **03.31.2026** | **03.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| **Continuous Operations** |  |  |  |
| Sales income | 4 | 393820 | 353408 |
| Construction income |  | 31353 | 28978 |
| Cost of service | 5.1 | (237600) | (226126) |
| Construction costs |  | (31233) | (28867) |
| **Income for gross profit for the period** |  | **156340** | **127393** |
| Distribution and selling expenses | 5.2 | (24520) | (20890) |
| Administrative expenses | 5.3 | (21828) | (18879) |
| Other income and expenses, net | 6.1 | 8900 | 3072 |
| **Operating profit for the period** |  | **118892** | **90696** |
| Finance Income | 6.2 | (35591) | (1871) |
| Finance Costs | 6.3 | 106540 | 9624 |
| RECPAM |  | (6303) | (3113) |
| Result of investments accounted for by the equity method |  | - | - |
| **Income before income tax** |  | **183538** | **95336** |
| Income tax | 6.4 | (61753) | (38008) |
| **Income for the period for continuous operations** |  | **121785** | **57328** |
| **Net Income for the period** |  | **121785** | **57328** |
| Other comprehensive income |  | - | **-** |
| **Comprehensive Income for the period** |  | **121785** | **57328** |
| **Income attributable to:** |  |  |  |
| Shareholders |  | 121827 | 57397 |
| Non–Controlling Interest |  | (42) | (69) |
| **Income per share basic and diluted attributable to shareholders of the Company during the period (shown in $ per share) from continuous operations** |  | 470.2124 | 221.3436 |

---

The accompanying notes are an integral part of these Condensed Consolidated Interim Financial Statements and should be read together with the Consolidated Accounting Statements audited for the year ended at December 31, 2025.

![](tm2614265d1_ex99-1img002.jpg)

**Consolidated Statements of Financial Position**

At March 31, 2026 and December 31, 2025

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| **Assets** |  | | |
| **Non- Current Assets** |  |  |  |
| Investments accounted for by the equity method |  | 1 | 1 |
| Property, plant and equipment |  | 1637 | 1350 |
| Intangible Assets | 7 | 2772790 | 2796087 |
| Rights of use |  | 3437 | 4684 |
| Assets for deferred tax |  | 51 | 26 |
| Other receivables | 9.1 | 68855 | 69785 |
| Investments | 9.3 | 71063 | 61311 |
| **Total Non-Current Assets** |  | **2917834** | **2933244** |
| **Current Assets** |  |  |  |
| Other receivables | 9.1 | 19235 | 30109 |
| Trade receivables, net | 9.2 | 140214 | 159845 |
| Other assets |  | 367 | 333 |
| Investments | 9.3 | 79928 | 96677 |
| Cash and cash equivalents | 9.4 | 117455 | 102696 |
| **Total Current Assets** |  | **357199** | **389660** |
| **Total Assets** |  | **3275033** | **3322904** |
| **Shareholders' Equity and Liabilities** |  |  |  |
| **Equity attributable to Shareholders** |  |  |  |
| Common shares |  | 259 | 259 |
| Share Premium |  | 137 | 137 |
| Capital adjustment |  | 197936 | 197936 |
| Legal , facultative reserve and others |  | 1247464 | 1246789 |
| Retained earnings |  | 350454 | 228627 |
| **Subtotal** |  | **1796250** | **1673748** |
| Non-Controlling Interest |  | 606 | 648 |
| **Total Shareholders' Equity** |  | **1796856** | **1674396** |
| **Liabilities** |  |  |  |
| **Non-Current Liabilities** |  |  |  |
| Provisions and other charges | 11 | 4382 | 5832 |
| Financial debts | 8 | 591706 | 713462 |
| Deferred income tax liabilities |  | 519727 | 492170 |
| Lease liabilities |  | 294 | 410 |
| Accounts payable and others | 9.5 | 937 | 1161 |
| **Total Non- Current Liabilities** |  | **1117046** | **1213035** |
| **Current Liabilities** |  |  |  |
| Provisions and other charges | 11 | 66328 | 110232 |
| Financial debts | 8 | 118222 | 133017 |
| Current income tax liability, net of advances |  | 21128 | 910 |
| Lease liabilities |  | 3072 | 4838 |
| Accounts payable and others | 9.5 | 134314 | 166082 |
| Fee payable to the Argentine National Government | 10.1 | 18067 | 20394 |
| **Total Current Liabilities** |  | **361131** | **435473** |
| **Total Liabilities** |  | **1478177** | **1648508** |
| **Total Shareholder's Equity and Liabilities** |  | **3275033** | **3322904** |

---

The accompanying notes are an integral part of these Condensed Consolidated Interim Financial Statements and should be read together with the Consolidated Accounting Statements audited for the year ended at December 31, 2025.

![](tm2614265d1_ex99-1img002.jpg)

**Consolidated Statements of Changes in Equity**

At March 31, 2026 and 2025

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | | |
|  | **Common<br> Shares** | **Share<br> Premium** | **Adjustment<br> of capital** | **Legal**<br> **Reserve** | **Facultative<br> Reserve** | **Other**<br> **Reserves** | **Retained<br> Earnings** | **Total** | **Non-**<br>**Controlling<br> Interest** | **Total**<br>**Shareholders'<br> Equity** |
|  | **In millions $** | **In millions $** | **In millions $** | **In millions $** | **In millions $** | **In millions $** | **In millions $** | **In millions $** | **In millions $** | **In millions $** |
| **Balance at 01.01.26** | **259** | **137** | **197936** | **39610** | **1200893** | **6286** | **228627** | **1673748** | **648** | **1674396** |
| Compensation plan |  |  |  |  |  | 675 |  | 675 |  | 675 |
| Net Income for the period | - | - | - | - | - | - | 121827 | 121827 | (42) | 121785 |
| **Balance at 03.31.2026** | **259** | **137** | **197936** | **39610** | **1200893** | **6961** | **350454** | **1796250** | **606** | **1796856** |
| **Balance at 01.01.25** | **259** | **137** | **197936** | **39610** | **1020583** | **6074** | **418789** | **1683388** | **374** | **1683762** |
| Compensation plan |  |  |  |  |  | 98 |  | 98 |  | 98 |
| Net Income for the period | - | - | - | - | - | - | 57397 | 57397 | (69) | 57328 |
| **Balance at 03.31.2025** | **259** | **137** | **197936** | **39610** | **1020583** | **6172** | **476186** | **1740883** | **305** | **1741188** |

---

The accompanying notes are an integral part of these Condensed Consolidated Interim Financial Statements and should be read together with the Consolidated Accounting Statements audited for the year ended at December 31, 2025.

![](tm2614265d1_ex99-1img002.jpg)

**Consolidated Statements of Cash Flow**

For the three month periods ended at March 31, 2026 and 2025

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **03.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| **Cash Flows from operating activities** |  |  |  |
| Net income for the period |  | 121785 | 57328 |
| Adjustment for: |  |  |  |
| Income tax |  | 61753 | 38008 |
| Amortization of intangible assets | 7 | 54650 | 50150 |
| Depreciation of property , plant and equipment | 5 | 158 | 149 |
| Depreciation right of use | 5 | 1254 | 864 |
| Bad debts provision | 5.2 | 806 | 1602 |
| Specific allocation of accrued and unpaid income |  | 18067 | 17054 |
| Compensation plan |  | 675 | 98 |
| Accrued and unpaid financial debts interest costs | 8 | 13866 | 16776 |
| Accrued deferred revenues and additional consideration | 11 | (6812) | (7118) |
| Accrued and unpaid Exchange differences |  | (80390) | 32296 |
| Litigations provision | 11 | (556) | 255 |
| Inflation Adjustment |  | (6138) | 15311 |
| Changes in operating assets and liabilities: |  |  |  |
| Changes in trade receivables |  | 5577 | (73019) |
| Changes in other receivables |  | (10434) | (55314) |
| Changes in other assets |  | (34) | (95) |
| Changes in accounts payable and others |  | (18131) | 59942 |
| Changes in liabilities for income tax |  |  | (605) |
| Changes in provisions and other charges |  | 7767 | 2269 |
| Evolution of the specific allocation of income to be paid to the Argentine National State |  | (18704) | (7334) |
| Changes in intangible assets | 7 | (31353) | (23941) |
| Income tax payments |  | (140) | - |
| **Net cash Flow generated by operating activities** |  | **113666** | **124676** |
| **Cash Flow for investing activities** |  |  |  |
| Acquisition of investments |  | (97850) | (13251) |
| Collection of investments |  | 83388 | 16264 |
| Fixed assets acquisitions |  | (445) | (171) |
| **Net Cash Flow (applied to) / generated by investing activities** |  | **(14907)** | **2842** |
| **Cash Flow from financing activities** |  |  |  |
| New Financial debts | 8 | 322 | 136 |
| Payment of leases |  | (1411) | (1010) |
| Financial debts paid- principal | 8 | (30421) | (51670) |
| Financial debts paid- interests | 8 | (13906) | (15568) |
| Payment of dividends |  | (35475) | (36781) |
| **Net Cash Flow (applied to) financing activities** |  | **(80891)** | **(104893)** |
| **Net increase in cash and cash equivalents** |  | **17868** | **22625** |
| **Changes in cash and cash equivalents** |  |  |  |
| **Cash and cash equivalents at the beginning of the period** |  | **102696** | **152663** |
| Net increase in cash and cash equivalents |  | 17868 | 22625 |
| Inflation adjustment generated by cash and cash equivalents |  | 4501 | 10052 |
| Foreign Exchange differences (applied to) cash and cash equivalents |  | (7610) | (55059) |
| **Cash and cash equivalents at the end of the period** |  | **117455** | **130281** |

---

The accompanying notes are an integral part of these Condensed Consolidated Interim Financial Statements and should be read together with the Consolidated Accounting Statements audited for the year ended at December 31, 2025.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format

**NOTE 1 – COMPANY ACTIVITIES**

Aeropuertos Argentina 2000 S.A. ("AA2000" or the "Company") was incorporated in the Autonomous City of Buenos Aires in 1998, after the consortium of companies won the national and international bid for the concession rights for the use, management and operation of the "A" Group of the Argentine National Airport System. "A" Group includes 33 airports that operate in Argentina (the "Concession").

Currently, with the incorporation into Group A of the NSA of the airports of El Palomar (by Decree No. 1107/17) and Rio Hondo (by Resolution ORSNA No. 27/21 Decree), the Company has the concession rights for the operation, administration and operation of 35 airports.

The Concession was granted through the Concession Agreement entered into between the Argentine National State and the Company, dated February 9, 1998. The Concession Agreement was modified and supplemented by the Agreement of Adequacy of the Concession Contract signed between the Argentine National State and the Company, dated April 3, 2007 approved by Decree No. 1799/07 (hereinafter the Memorandum of Agreement) and by Decree No. 1009/20 dated December 16, 2020, which approves the 10-year extension of the initial completion period of the Concession (which operated on February 13, 2028) maintaining exclusivity under the terms established in the Technical Conditions for the Extension (hereinafter the Technical Conditions for the Extension).

Hereinafter, the Concession Agreement will be referred to, as modified and supplemented by the memorandum of Agreement and by the Technical Conditions for the Extension, as the Concession Agreement.

By virtue of the provisions of the Technical Conditions for the Extension, the concession completion period is February 13, 2038 and the exclusivity provided in clauses 3.11 and 4.1 of the Concession Agreement will be maintained with the following exceptions: (i) The zones of influence in the interior of the country are canceled, but not in the area of the Metropolitan Region of Buenos Aires (RMBA) made up of the Ezeiza, Aeroparque, San Fernando and Palomar airports (ii) the exclusivity in the areas of influence will be maintained throughout the national territory for the activity of fiscal warehouses (iii) the exclusivity and from the area of influence for the realization of new airport infrastructure projects in the Rio de la Plata promoted by the National Public Sector, when due to its characteristics it cannot be financed and operated by the Company.

In September 2021, based on the detrimental effects that the COVID-19 pandemic had on air traffic, the ORSNA approved the postponement until December 2022 of certain commitments duly assumed.

On July 28, 2023, the ORSNA notified the issuance of Resolution RESFC-2023-56-APN-ORSNA#MTR by which it decided to approve the conditions and conclusions established in the Report prepared by the ECONOMIC and FINANCIAL REGULATION MANAGEMENT referring to the Review of the Financial Projection of Income and Expenses (PFIE) of the Concession of Group "A" of the National Airport System corresponding to the period 2018-2022, which provides that its conclusion will be carried out at the time of verifying the recovery of the international passenger traffic at values similar to 2019.

By virtue of this, the Company made a judicial presentation (Aeropuertos Argentina 2000 SA C/ ORSNA - RES 56/23 S/Proceso de Conocimiento) within the framework of the agreements entered into in File 56,695/2019.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 1 – COMPANY ACTIVITIES (Contd.)**

As resolved by the Resolution RESFC-2023-56-APN-ORSNA#MTR, and within the review process corresponding to the period 2018-2022, the ORSNA issued resolutions RESFC-2023-65-APN-ORSNA#MTR and RESFC-2023-66-APN-ORSNA#MTR. The Company filed an appeal for reconsideration against said resolutions and requested the suspension of their effects. Similarly, a lawsuit was filed in the case AEROPUERTOS ARGENTINA 2000 SA C/ ORSNA - RES 56/23 S/PROCESO DE CONOCIMIENTO, File CAF 032610/2023, based on the agreements entered into and approved in File 56,695/2019.

On November 27, 2023, ORSNA and the Company signed a Minute by which they agreed: (i) to suspend the ongoing procedural deadlines until June 30, 2024, (ii) that the Company must contract at its own expense. a passenger traffic consulting study; (iii) postpone until May 30, 2024 the ordinary annual review of the Financial Projection of Income and Expenses of the Concession, corresponding to all periods until December 31, 2023.

Due to the change in management of the National Government, and in order to comply with what was opportunely agreed, on August 9, 2024, ORSNA and the Company signed a new Meeting Minutes by which the ordinary annual review of the Financial Projection of Income and Expenditures of the Concession, corresponding to all periods until December 31, 2023, was postponed until October 30, 2024. It was also agreed to postpone until November 30, 2024 the deadline for the Regulatory Body to adopt the definitive measures that, being within its competence, allow the restoration of the financial economic equation of the Concession and to suspend until December 31, 2024 the procedural deadlines in the aforementioned judicial case. Joint presentations were made with ORSNA requesting the successive suspension of procedural deadlines, which were subsequently granted by the Court. Currently, on April 14, 2026, a new suspension request was filed for 20 business days, which was granted by the Court; accordingly, the expiration thereof will occur on May 12, 2026.

On December 9, 2024, the ORNSA notified the issuance of Resolution RESFC-2024-36-APN-ORSNA#MTR approving the Revisions of the Financial Projection of Income and Expenses corresponding to the periods 2021, 2022 and 2023. The Company requested the review of some aspects thereof.

To date, the Company has fulfilled the commitments assumed.

Furthermore, under the terms of the concession contract, the National State has the right to rescue the Concession as of February 13, 2018. In the event that the National State decides to rescue the Concession, it must pay the Company compensation.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 2 - BASIS FOR CONSOLIDATION**

The Condensed Consolidated Interim Financial Statements include the assets, liabilities and results of the following subsidiaries (hereafter the Group):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Subsidiaries <sup>(1)</sup>** | **Number of<br> common<br> shares** | **Participation<br> in capital and<br> possible votes** | **Net<br> Shareholders'<br> equity at<br> closing** | **Income for<br> the year** | **Book entry<br> value at<br> 03.31.2026** |
|  | | | **Millions of $** | **Millions of $** | **Millions of $** |
| Servicios y Tecnología Aeroportuarios S.A. <sup>(2)</sup> | 14398848 | 99.30% | 2289 | 75 | 2273 |
| Cargo & Logistics S.A. <sup>(3)</sup> | 1614687 | 98.63% |  |  |  |
| Paoletti América S.A. <sup>(3)</sup> | 6000 | 50.00% | 1 |  | 1 |
| Texelrío S.A. | 84000 | 70.00% | 1968 | (99) | 1378 |
| Villalonga Furlong S.A <sup>(3) (4)</sup> | 56852 | 1.46% | 3 |  |  |

---

(1) Companies based in Argentina.

(2) Includes adjustments under IFRS for the preparation
 and presentation of the corresponding Financial Statements.

(3) Not consolidated due to low significance.

(4) The Company directly and indirectly owns
 98.53% of the capital stock and votes of this entity.

The accounting policies of the subsidiaries have been modified, where necessary, to ensure consistent application with The Company accounting policies.

The Company holds 99.3% of the shares of Servicios y Tecnología Aeroportuarios S.A. (Sertear), which purpose is to manage and develop activities related to duty-free zones, import and export operations, exploit and manage airport-related services, provide transportation services (both passenger and cargo), and warehouse usage services.

Cargo & Logistics S.A. owns 98.42% of the shares of Villalonga Furlong S.A. and the class "B" shares of Empresa de Cargas Aereas del Atlántico Sud S.A. (they represent 45% of its share capital), which is in liquidation. The remaining 55% of the shares (class "A") of Empresa de Cargas Aereas del Atlántico Sud S.A. is owned by the National State – Ministry of Defense. Air Cargo Company of Atlántico Sud S.A. that is in liquidation as of the date of presentation of these financial statements, being dissolved by application of the provisions of article 94, paragraph 2 of law 19,550.

The Company holds 50% of the capital stock and votes of Paoletti América S.A. Pursuant to shareholder agreements, the Company is in charge of the administration of Paoletti America S.A, and also appoints the Chairman of the Board of Directors, who, in accordance with the corporate by-laws, has a double vote in case of a tie voting.

In addition, the Company owns 70% of the capital and votes of Texelrio S.A. whose corporate purpose is, among others, to develop, operate and manage all kinds of services related to maintenance of parks and airports.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 3 – ACCOUNTING POLICIES**

These Condensed Consolidated Interim Financial Statements of the Company are presented in millions of Argentine pesos, except for share data or when otherwise indicated. All amounts are rounded to millions of Argentine pesos unless otherwise indicated. As such, non-significant rounding differences may occur. A dash ("-") indicates that no data was reported for a specific line item in the relevant financial year or period or when the relevant information figure, after rounding, amounts to zero. The Company's Board of Directors approved them for issuance on May 8, 2026.

The CNV, through article 1 of Chapter III of Title IV of the CNV Standards (N.T. 2013 and mod.), has established the application of Technical Resolution No. 26 of the FACPCE (and its modifications), which adopt the standards of IFRS accounting (or IFRS for its acronym in English), issued by the IASB, for entities included in the public offering regime, either for their capital or for their negotiable obligations, or that have requested authorization to be included in the aforementioned regime.

Application of those standards is mandatory for the Company as from the fiscal year beginning on January 1 2012. Therefore, the transition date, as established in the IFRS 1 "First Time Adoption of the IFRS" was January 1, 2011.

These Condensed Consolidated Interim Financial Statements of the Company for the three-month period ended March 31, 2026 are presented based on the application of the guidelines established in IASB No. 34 "Intermediate Financial Information". Therefore, they must be read together with the Company's annual consolidated financial statements as of December 31, 2025 prepared in accordance with IFRS, as issued by the IASB and IFRIC Interpretations. (IFRIC for its acronym in English).

*1) Comparative Information*

The information included in these financial statements was extracted from the Condensed Consolidated Interim Financial Statements of the Company as of March 31, 2025 and from the Consolidated Financial Statements as of December 31, 2025 approved by the Company's Board and Shareholders and restated at the closing currency at March 31, 2026, based on the application of IASB 29 (see Note 3.25 of the Condensed Consolidated Financial Statements at December 31, 2025).

*2) Controlled*

An investor controls an entity when the group is exposed to, or has the rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. The subsidiaries are consolidated as from the date control is transferred to the Company. They are deconsolidated from the date that control ceases. (See Note 2).

Inter-company transactions, balances and unrealized gains or transactions between Group companies are eliminated. Unrealized losses are also eliminated. When necessary, amounts reported by subsidiaries have been adjusted to conform to the Group's accounting policies.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 3 – ACCOUNTING POLICIES (Contd.)**

*3) Segment Information*

The Company is managed as a single unit, considering all airports as a whole. It does not evaluate the performance of the airports on a standalone basis. Therefore, for the purposes of segment information, there is only one business segment.

The Argentine National Government granted the Company the concession of the "A" Group airports of the NAS under the basis of "cross-subsidies": i.e., the income and funds generated by some of the airports should subsidize the liabilities and investments of the remaining airports, in order for all airports to be compliant with international standards as explained below.

All airports must comply with measures of operative efficiency that are independent from the revenues and funds they generate. All works performed must follow international standards established by the respective agencies (IATA, OACI, etc.).

Revenues of the Company comprise non-aeronautical revenues and aeronautical revenues; the latter being the tariffs determined by the ORSNA and regulated on the basis of the review of the PFIE of The Company in order to verify and preserve the "equilibrium" of the variables on which it was originally based.

The investment decisions are assessed and made with the ORSNA based on the master plans of the airports considering the needs of each airport based on expected passenger flow and air traffic, in the framework of the standards previously mentioned.

*4) Accounting policies*

The collection policies adopted for these interim financial statements are consistent with those used in the Consolidated Financial Statements as of December 31, 2025.

*5) Changes in accounting policies and disclosures*

There were no changes in the Group's accounting policies based on the effective application standards issued by the IASB as of January 1, 2026.

*6) Estimates*

The preparation of financial statements in accordance with IFRS requires the use of estimates. It also requires management to exercise its judgment in the process of applying the Group accounting policies.

In the preparation of these Condensed Consolidated Interim Financial Statements the significant areas of judgement by management in the application of the Company's accounting policies and the main areas of assumptions and estimates are consistent to those applied in the Financial Statements for the year ended December 31, 2025.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 3 – ACCOUNTING POLICIES (Contd.)**

*7) Foreign currency conversion and financial information in hyperinflationary economies*

*<u>Functional and presentation currency</u>*

The figures included in these financial statements were measured using their functional currency, that is, the currency of the primary economic environment in which the Company operates. The functional currency of the Company is the Argentine peso, which is the same as the presentation currency of the financial statements.

IAS 29 "Financial information in hyperinflationary economies" requires that the financial statements of an entity whose functional currency is that of a hyperinflationary economy be expressed in terms of the current unit of measurement at the reporting date of the reporting period, regardless of whether they are based on the historical cost method or the current cost method. For this, in general terms, inflation produced from the date of acquisition or from the revaluation date, as applicable, must be computed in the non-monetary items.

These requirements also correspond to the comparative information of these Consolidated financial statements.

In order to conclude on whether an economy is categorized as hyperinflationary under the terms of IAS 29, the standard details a series of factors to be considered, including the existence of a cumulative inflation rate in three years that approximates or exceed 100%. Taking into account that the accumulated inflation rate of the last three years exceeds 100% and the rest of the indicators do not contradict the conclusion that Argentina should be considered as a hyperinflationary economy for accounting purposes, the Company Management understands that there is sufficient evidence to conclude that Argentina is a hyperinflationary economy under the terms of IAS 29, as of July 1, 2018. It is for this reason that, in accordance with the NIC 29, these Consolidated Financial Statements are restated reflecting the effects of inflation in accordance with the provisions of the standard.

In turn, Law No. 27,468 (BO 04/12/2018) amended Article 10 of Law No. 23,928 and its amendments, establishing that the repeal of all legal norms or regulations that establish or authorize indexation by prices, monetary update, variation of costs or any other form of repowering of debts, taxes, prices or rates of goods, works or services, does not include financial statements, in respect of which the provisions of the article 62 in fine of the General Law of Companies No. 19,550 (TO 1984) and its amendments will be applied. Also, the aforementioned legal body ordered the repeal of Decree No. 1269/2002 of July 16, 2002 and its amendments. and delegated to the National Executive Power (PEN), through its controlling entities, to establish the date from the which the provisions cited in relation to the financial statements presented will have effect. Therefore, through its General Resolution 777/2018 (BO 28/12/2018), the National Securities Commission (CNV) established that issuers subject to its control should apply to the annual financial statements, for interim and special periods, that close as of December 31, 2018 inclusive, the method of restating financial statements in a homogeneous currency as established by IAS 29.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 3 – ACCOUNTING POLICIES (Contd.)**

*7) Foreign currency conversion and financial information in hyperinflationary economies (Contd.)*

*<u>Functional and presentation currency (contd.)</u>*

In accordance with IAS 29, the financial statements of an entity reporting in the currency of a hyperinflationary economy must be reported in terms of the unit of measurement in effect at the date of the financial statements. All amounts in the statement of financial position that are not indicated in terms of the current unit of measurement as of the date of the financial statements should be updated by applying a general price index. All the components of the income statement should be indicated in terms of the unit of measure updated as of the date of the financial statements, applying the change in the general price index that has occurred since the date on which the income and expenses were originally recognized in the financial statements.

The adjustment for inflation in the initial balances was calculated considering the indexes established by the FACPCE based on the price indexes published by the INDEC or an estimate thereof when, at the time of preparing the information, these were not available. As of March 31, 2026, the price index stood at 11,036.0643, with inflation for the three-month period of 9.0% and year-on-year inflation of 33.6%.

*<u>Inflation adjustment</u>*

In an inflationary period, any entity that maintains an excess of monetary assets over monetary liabilities will lose purchasing power, and any entity that maintains an excess of monetary liabilities over monetary assets will gain purchasing power, provided that such items are not subject to a mechanism of adjustment.

Briefly, the re-expression mechanism of IAS 29 establishes that monetary assets and liabilities will not be restated since they are already expressed in the current unit of measurement at the end of the reporting period. Assets and liabilities subject to adjustments based on specific agreements will be adjusted in accordance with such agreements

The non-monetary items measured at their current values at the end of the reporting period, such as the net realization value or others, do not need to be re-expressed. The remaining non-monetary assets and liabilities will be re-expressed by a general price index. The loss or gain from the net monetary position will be included in the comprehensive net result of the reporting period, revealing this information in a separate line item.

The following is a summary of the methodology used for the preparation of these Consolidated Condensed Interim Financial Statements:

Non-monetary assets and liabilities: non-monetary assets and liabilities (property, plant and equipment, intangible assets, rights of use, deferred profits and additional allowances) updated by the adjustment coefficients corresponding to the date of acquisition or origin of each of them, as applicable. The income tax derived has been calculated based on the restated value of these assets and liabilities;

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 3 – ACCOUNTING POLICIES (Contd.)**

*7) Foreign currency conversion and financial information in hyperinflationary economies (Contd.)*

*<u>Inflation adjustment (Contd.)</u>*

Monetary assets and liabilities, and monetary position result: monetary assets and liabilities, including balances in foreign currency, by their nature, are presented in terms of purchasing power as of March 31, 2026. The financial result generated by the net monetary position reflects the loss or gain that is obtained by maintaining an active or passive net monetary position in an inflationary period, respectively and is exposed in the line of RECPAM in the Statement of Comprehensive Income;

- Equity: the net equity accounts are expressed in constant currency as of March 31, 2026, applying the corresponding adjustment coefficients at their dates of contribution or origin;

Results: the items of the Individual Financial Statements have been restated based on the date on which they accrued or were incurred, with the exception of those associated with non-monetary items, which are presented as a function of the update of the non-monetary items to which they are associated, expressed in constant currency as of March 31, 2026, through the application of the relevant conversion factors.

The comparative figures have been adjusted for inflation following the same procedure explained in the preceding points.

In the initial application of the adjustment for inflation, the equity accounts were restated as follows:

The capital was restated from the date of subscription or from the date of the last adjustment for accounting inflation, whichever happened later. The resulting amount was incorporated into the "Capital adjustment" account.

- The other result reserves were not restated in the initial application.

With respect to the evolution notes of non-monetary items for the year, the balance at the beginning includes the adjustment for inflation derived from expressing the initial balance to the currency of current purchasing power.

*<u>Transactions and balances</u>*

Transactions in foreign currency are translated into the functional currency using the exchange rates prevailing at the transaction dates (or valuation where items are re-measured).

Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end of the assets and liabilities denominated in foreign currency are recognized in the statement of comprehensive income.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 3 – ACCOUNTING POLICIES (Contd.)**

*7) Foreign currency conversion and financial information in hyperinflationary economies (Contd.)*

*<u>Transactions and balances (Contd.)</u>*

Foreign exchange gains and losses are shown in "Finance Income" and/or "Finance Expense" of the comprehensive statement of income.

Exchange rates used are the following: buying currency rate for monetary assets and selling currency rate for monetary liabilities, applicable at year-end according to BNA and at the foreign currency exchange banknote rate applicable at the transaction date.

*8) Contingencies*

The Company has contingent liabilities for legal claims related to the normal course of business. It is not expected that any significant liabilities other than those provisioned will arise from contingent liabilities.

*9) Income tax and Deferred tax - Tax revalued - Tax inflation adjustment*

The income tax income in the three-month period ended at March 31, 2026 was a loss of $61,753 million.

In order to determine the taxable net result at the end of this period, the adjustment for inflation determined in accordance with articles N ° 95 to N ° 98 of the income tax law was incorporated to the tax result, for $55,187 million, because as of March 31, 2026, the variation of the CPI for the period of 36 months at the end of fiscal year 2026 will exceed 100%.

**NOTE 4 - SALES INCOME**

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Air station use rate | 221429 | 195799 |
| Landing fee | 18282 | 15071 |
| Parking fee | 6024 | 5606 |
| **Total aeronautical income** | **245735** | **216476** |
| **Total non-aeronautical income** | **148085** | **136932** |
| **Total** | **393820** | **353408** |

---

As of March 31, 2026 and 2025, "over the time" income from contracts with customers for the three-month periods was $329,981 million and $297,264 million, respectively.

![](tm2614265d1_ex99-1sp3img01.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 5 - COSTS OF SALES, ADMINISTRATIVE, DISTRIBUTION, AND SELLING EXPENSES**

***5.1. Sales Cost***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Specific allocation of income | 57881 | 52131 |
| Airport services and maintenance | 48826 | 49265 |
| Amortization of intangible assets | 53176 | 48689 |
| Depreciation of property, plant and equipment | 153 | 146 |
| Salaries and social charges | 59026 | 57229 |
| Fee | 991 | 2815 |
| Utilities and fees | 7378 | 7605 |
| Taxes | 2098 | 1922 |
| Office expenses | 4751 | 5406 |
| Insurance | 39 | 32 |
| Depreciation rights of use | 1254 | 864 |
| Others | 2027 | 22 |
| **Total** | **237600** | **226126** |

---

***5.2. Distribution and marketing expenses***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Airport services and maintenance | 147 |  |
| Amortization of intangible assets | 239 | 138 |
| Salaries and social charges | 2060 | 1167 |
| Fees | 432 | 224 |
| Utilities and fees | 9 | 7 |
| Taxes | 19119 | 17030 |
| Office expenses | 141 | 163 |
| Insurance | 3 |  |
| Advertising | 1564 | 559 |
| Provision for bad debts | 806 | 1602 |
| **Total** | **24520** | **20890** |

---

![](tm2614265d1_ex99-1sp3img01.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 5 - COSTS OF SALES, ADMINISTRATIVE, DISTRIBUTION, AND SELLING EXPENSES (Contd.)**

***5.3. Administrative Expenses***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Airport services and maintenance | 284 | 345 |
| Amortization of intangible assets | 1235 | 1323 |
| Depreciation of PP&E | 5 | 3 |
| Salaries and social charges | 13094 | 10271 |
| Fees | 1220 | 1132 |
| Utilities and fees | 82 | 5 |
| Taxes | 2343 | 2487 |
| Office expenses | 2370 | 2290 |
| Insurance | 781 | 818 |
| Fees to the Board of Directors and the Supervisory Committee | 249 | 203 |
| Others | 165 | 2 |
| **Total** | **21828** | **18879** |

---

**NOTE 6 - OTHER ITEMS OF THE COMPREHENSIVE INCOME STATEMENT**

***6.1 Other net incomes and expenses***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Trust for Strengthening | 9647 | 8689 |
| Other | (747) | (5617) |
| **Total** | **8900** | **3072** |

---

***6.2. Financial Income***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Interest | 4348 | 7965 |
| Foreign Exchange differences | (39939) | (9836) |
| **Total** | **(35591)** | **(1871)** |

---

![](tm2614265d1_ex99-1sp3img01.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 6 - OTHER ITEMS OF THE COMPREHENSIVE INCOME STATEMENT (Contd.)**

***6.3 Financial Costs***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Interest | (14939) | (17742) |
| Foreign Exchange differences | 121479 | 27366 |
| **Total** | **106540** | **9624** |

---

***6.4 Income Tax***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Current | (34218) | 5 |
| Deferred | (27535) | (38013) |
| **Total** | **(61753)** | **(38008)** |

---

**NOTE 7 – INTANGIBLE ASSETS**

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **03.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Original values: |  |  |  |
| **Initial Balance** |  | **4891690** | **4704696** |
| Acquisitions of the period |  | 31353 | 28978 |
| Declines of the period |  | - | (8507) |
| **Balance at March 31** |  | **4923043** | **4725167** |
| Accumulated Amortization: |  |  |  |
| **Initial Balance** |  | **(2095603)** | **(1895459)** |
| Amortizations of the period | 5 | (54650) | (50150) |
| Declines of the period |  | - | 3470 |
| **Balance at March 31** |  | **(2150253)** | **(1942139)** |
| **Net balance at March 31** |  | **2772790** | **2783028** |

---

![](tm2614265d1_ex99-1sp3img01.jpg)

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**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 8 - FINANCIAL DEBTS**

***8.1 Changes in financial debt***

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| **Initial Balance** | **846479** | **921728** |
| New financial debts | 322 | 136 |
| Financial debts paid | (44327) | (67238) |
| Accrued interest | 13866 | 16776 |
| Foreign Exchange differences | (106484) | (29263) |
| Inflation adjustment | 72 | 109 |
| **Total Net Balance at March 31** | **709928** | **842248** |

---

***8.2 Breakdown of financial debt***

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| ***Non-current Financial Debts*** |  |  |
| Negotiable Obligations | 592195 | 714040 |
| Cost of issuance of NO | (489) | (578) |
|  | **591706** | **713462** |
| **Current Financial Debts** |  |  |
| Negotiable Obligations | 118485 | 133343 |
| Cost of issuance of NO | (263) | (326) |
|  | **118222** | **133017** |
|  | **709928** | **846479** |

---

As of March 31, 2026 and December 31, 2025, the fair value of the financial debt amounts to $701,360 million and $826,877 million, respectively. Said valuation method is classified according to IFRS 13 as hierarchy of fair value Level 2 (unadjusted quoted prices in active markets for identical assets or liabilities).

These Condensed Consolidated Interim Financial Statements do not include all the information and disclosure on financial debt management required in the annual financial statements, so they must be read together with the audited Consolidated Financial Statements as of December 31, 2025.

![](tm2614265d1_ex99-1sp3img01.jpg)

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**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 8 - FINANCIAL DEBTS (Contd.)**

***8.3 Negotiable Obligations***

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Class** | **Start** | **Maturity** | **Interest** | **Currency** | **Initial Capital** | **Capital in U$S at 03.31.2026** | **Capital in U$S at 12.31.2025** |
| Guaranteed with Maturity in 2027 <sup>(1)(2)</sup> | 02.2017 | 02.2027 | 6.875% | U$S | 400.0 | 5.0 | 6.3 |
| Class I Series 2020 <sup>(1)(2)(3)</sup> | 04.2020 | 02.2027 | 6.875% <sup>(5)</sup> | U$S | 306.0 | 18.0 | 22.6 |
| Class I Series 2021 - Additional <sup>(1) (2) (3)</sup> | 10.2021 | 08.2031 | 8.500% | U$S | 272.9 | 268.8 | 272.9 |
| Class IV <sup>(2) (3)</sup> | 11.2021 | 11.2028 | 9.500% | U$S | 62.0 | 48.2 | 51.0 |
| Class V <sup>(3)</sup> | 02.2022 | 02.2032 | 5.500% | U$S<sup>(6)</sup> | 138.0 | 138.0 | 138.0 |
| Class IX <sup>(3)</sup> | 08.2022<sup>(4)</sup> | 08.2026 | 0.000% | U$S<sup>(6)</sup> | 32.7 | 15.3 | 22.9 |
| Class XI <sup>(3)</sup> | 12.2024 | 12.2026 | 5.500% | U$S<sup>(7)</sup> | 28.8 | 28.8 | 28.8 |

---

(1) These NOs are guaranteed in the first degree with the international and regional airport use rates and the rights to compensation of the concession, and in the second degree, with the income assigned from the cargo terminal.

(2) Corresponds to NOs issued under US legislation, from the state of New York.

(3) Issued under the Global Program for the issuance of Negotiable Obligations approved by the NSC on 04.12.2020.

(4) On 07/2023, an additional amount was issued for US$2.7 million, with the same conditions as the original issue.

(5) During the PIK Period (until 05.01.2021) the interest rate was 9.375% per year, period in which the amount of interest was capitalized quarterly. After said period, the interest rate of the NOs is applied.

(6) The reference NOs are denominated in United States Dollars but payable in Argentine Pesos at the BCRA Communication Reference "A" 3500 exchange rate.

(7) The reference ONs are nominated and payable in US dollars.

The main covenants of the international NOs require compliance with certain financial ratios, as well as the restriction of incurring additional debt and limitations on the payment of dividends if any breach has occurred. As of March 31, 2026, the Company complies with financial covenants.

As of March 31, 2026, the Company holds Class IX Bonds in its portfolio totaling US$9.8 million.

As of March 31, 2026, the Company has fully deployed the proceeds from the Class XI and is in the process of completing the certification of the use of such proceeds.

![](tm2614265d1_ex99-1sp3img01.jpg)

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**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THE SEPARATE STATEMENTS OF FINANCIAL POSITION**

***9.1 Other receivables***

***9.1.1 Other non-current receivables***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Trust for Strengthening | 10.1 | 68268 | 68541 |
| Others |  | 587 | 1244 |
| **Total** |  | **68855** | **69785** |

---

***9.1.2 Other current receivables***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Expenses to be recovered |  | 4644 | 5853 |
| Related parties | 10.1 | 1259 | 1459 |
| Tax credits |  | 9889 | 18343 |
| Prepaid Insurance |  | 3438 | 4443 |
| Others |  | 5 | 11 |
| **Total** |  | **19235** | **30109** |

---

***9.2 Trade receivables***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Trade receivables |  | 154150 | 174769 |
| Related parties | 10.1 | 1263 | 1832 |
| Checks-postdated checks |  | 3210 | 3996 |
| Subtotal sales credits |  | 158623 | 180597 |
| Provision for bad debts |  | (18409) | (20752) |
| **Total** |  | **140214** | **159845** |

---

![](tm2614265d1_ex99-1sp3img01.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THE SEPARATE STATEMENTS OF FINANCIAL POSITION (Contd.)**

***9.2.1 Changes in Bad Debt Provisions***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **03.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| **Initial balance** |  | **20752** | **13568** |
| Increases of the period | 5.2 | 806 | 1602 |
| Foreign exchange difference |  | (1417) | 115 |
| Applications of the period |  |  | (956) |
| Inflation adjustment |  | (1732) | (974) |
| **Bad Debts provisions at March 31** |  | **18409** | **13355** |

---

***9.3 Investments***

***9.3.1 Non-current investments***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Negotiable obligations |  | 61586 | 58592 |
| Negotiable obligations of related companies | 10.1 |  | 2719 |
| Government Bonds |  | 9477 | - |
| **Total** |  | **71063** | **61311** |

---

***9.3.2 Current investments***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Other financial assets |  | 7340 | 18925 |
| Negotiable obligations of related companies | 10.1 | 2368 |  |
| Negotiable bonds |  | 70220 | 77752 |
| **Total** |  | **79928** | **96677** |

---

![](tm2614265d1_ex99-1sp3img01.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THE SEPARATE STATEMENTS OF FINANCIAL POSITION (Contd.)**

***9.4 Cash and cash equivalents***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Nota** | **Millions of $** | **Millions of $** |
| Cash and funds in custody |  | 175 | 194 |
| Banks | 13 | 13408 | 19053 |
| Checks not yet deposited |  | 1334 | 666 |
| Term deposits and others |  | 102538 | 82783 |
| **Total** |  | **117455** | **102696** |

---

***9.5 Commercial accounts payable and other***

***9.5.1 Commercial Accounts payable and other non-current***

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **12.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Suppliers | 937 | 1161 |
| **Total** | **937** | **1161** |

---

***9.5.2 Commercial accounts payable and other current***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Nota** | **Millions of $** | **Millions of $** |
| Suppliers |  | 52188 | 80181 |
| Foreign suppliers |  | 7313 | 9575 |
| Debts with Related Parties | 10.1 | 9269 | 8867 |
| Salaries and social security liabilities |  | 50559 | 58729 |
| Other fiscal debts |  | 14985 | 8730 |
| **Total** |  | **134314** | **166082** |

---

**NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATED PARTIES**

***10.1 Balances with other related parties***

Balances with other related companies at March 31, 2026 and December 31, 2025 are as follows:

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **12.31.2025** |
| **Other receivables** | **Millions of $** | **Millions of $** |
| Other related companies | 1259 | 1459 |
| **Total** | **1259** | **1459** |

---

![](tm2614265d1_ex99-1sp3img01.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATED PARTIES (Contd.)**

***10.1 Balances with other related parties (Contd.)***

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **12.31.2025** |
| **Trade receivables** | **Millions of $** | **Millions of $** |
| Other related companies | 1263 | 1832 |
| **Total** | **1263** | **1832** |

---

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **12.31.2025** |
| **Investments** | **Millions of $** | **Millions of $** |
| Other related companies - non current |  | 2719 |
| Other related companies - current | 2368 | - |
| **Total** | **2368** | **2719** |

---

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **12.31.2025** |
| **Accounts payable and other** | **Millions of $** | **Millions of $** |
| Other related companies | 9269 | 8867 |
| **Total** | **9269** | **8867** |

---

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **12.31.2025** |
| **Provisions and other charges** | **Millions of $** | **Millions of $** |
| Corporación América S.A.U. – Dividends to be paid |  | 17307 |
| Corporación América Sudamericana S.A. – Dividends to be paid | 44098 | 70797 |
| Other related companies | - | 141 |
| **Total** | **44098** | **88245** |

---

The balances with the Argentine National State as of March 31, 2026, and December 31, 2025, are as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| **Debt** - Specific Allocation of Income |  | 18067 | 20394 |
| **Credit** - Strengthening Trust <sup>(1)</sup> |  | 68268 | 68541 |

---

(1) To fund the investment commitments of the Company.

***10.2 Operations with related parties***

Transactions with related parties during the three-month periods ended March 31, 2026 and 2025 are as follows:

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATED PARTIES (Contd.)**

***10.2 Operations with related parties (Contd.)***

With Proden S.A. for office rental and maintenance, the Company has allocated $1,766 million and $1,308 million, respectively.

The Company has allocated to the cost $2,330 million and $2,566 million, respectively, with Grass Master S.A.U. for airport maintenance.

With Tratamientos Integrales América S.A.U for airport maintenance, the Company has allocated $936 million and $870 million to the cost, respectively.

The Company has allocated to the cost $686 million and $733 million, respectively, with Servicios Integrales América S.A. by out sourcing of systems and technology.

With Compañía de Infraestructura y Construcción S.A. for maintenance at airports, the Company has allocated $4,564 million and $2,360 million, respectively.

With Servicios Aereos Sudamericanos S.A. for aeronautical services, the Company has allocated $658 million and $437 million to the cost, respectively.

The Company has recorded commercial income of $585 million and $530 million with Duty Paid S.A., respectively.

Furthermore, short-term compensation to key management was $3,724 million and $661 million for the three-month periods ended at March 31, 2026 and 2025, respectively.

Corporación America S.A. is the direct owner of 45.90% of the common shares of the Company, and an indirect owner through Corporación America Sudamericana S.A of 29.75% of the common shares of the Company, therefore is the immediate controlling entity of the Company.

Corporación America S.A. is controlled by Cedicor S.A., owner of 100% of its capital stock. Cedicor is, in turn, the direct holder of 9.35% of the shares with voting rights of the Company. Cedicor S.A., is 100% controlled by American International Airports LLC, which is in turn 100% controlled by Corporación América Airports S.A.

The ultimate beneficiary of the Company is Southern Cone Foundation. Its purpose is to manage its assets through decisions adopted by its independent Board of Directors. The potential beneficiaries are members of the Eurnekian family and religious, charitable and educational institutions.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 11 – PROVISIONS AND OTHER CHARGES**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | **At <br> 01.01.26** | **Increases /<br> (Recovery)** | **Decreases** | **Inflation<br> Adjustment** | **Accruals** | **Exchange<br> rate<br> differences** | **At<br> 03.31.2026** | **Total Non<br> Current** | **Total<br> Current** |
|  | <br>**Note** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** |
| Litigations |  | 5049 | (556) | (580) | (342) | (43) | (86) | 3442 |  | 3442 |
| Deferred Income |  | 10124 | 7109 |  | (89) | (5592) | 22 | 11574 | 1501 | 10073 |
| Guarantees Received |  | 4781 | 463 | (650) | (351) |  | (227) | 4016 |  | 4016 |
| Upfront fees from concessionaires |  | 5755 | 879 |  |  | (1220) |  | 5414 | 2127 | 3287 |
| Dividends to be paid | 10 | 88104 |  | (35475) | (5984) |  | (2547) | 44098 |  | 44098 |
| Related companies | 10 | 141 |  | (133) | (7) |  |  | 1 |  | 1 |
| Others |  | 2110 | 777 | (65) | (583) | 10 | (84) | 2165 | 754 | 1411 |
| **Total** |  | **116064** | **8672** | **(36903)** | **(7356)** | **(6845)** | **(2922)** | **70710** | **4382** | **66328** |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | **At<br> 01.01.25** | **Increases /<br> (Recovery)** | **Decreases** | **Inflation<br> Adjustment** | **Accruals** | **Exchange<br> rate<br> differences** | **At<br> 03.31.2025** | **Total Non<br> Current** | **Total<br> Current** |
|  |  | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** |
| Litigations |  | 4923 | 255 | (530) | (343) | 15 | 118 | 4438 | 1047 | 3391 |
| Deferred Income |  | 19646 | 1432 |  | (556) | (6061) | 437 | 14898 | 3311 | 11587 |
| Guarantees Received |  | 3047 | (52) | 331 | (230) |  | 493 | 3589 |  | 3589 |
| Upfront fees from concessionaires |  | 7475 | 934 |  |  | (1057) |  | 7352 | 3946 | 3406 |
| Dividends to be paid | 10.0 | 37230 |  | (36781) | (1843) |  | 1394 |  |  |  |
| Others |  | 3413 | 166 | (63) | (231) | 36 | 131 | 3452 | 1523 | 1929 |
| **Total** |  | **75734** | **2735** | **(37043)** | **(3203)** | **(7067)** | **2573** | **33729** | **9827** | **23902** |

---

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 12 - FOREIGN CURRENCY ASSETS AND LIABILITIES**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Item** | **Foreign currency type<br> and amount at<br> 03.31.2026** | **Foreign currency type<br> and amount at<br> 03.31.2026** | **Foreign<br> exchange<br> rates** | **Amount in<br> local currency<br> at 03.31.2026** | **Amount in <br> local currency<br> at 12.31.2025** |
| **Assets** |  | | | | |
| **Current Assets** |  |  |  |  |  |
| Cash and cash equivalents | U$S | 43 | 1373 | 59723 | 58562 |
| Net trade receivables | U$S | 75 | 1373 | 102563 | 113446 |
| Investments | U$S | 53 | 1373 | 72589 | 96677 |
| Other receivables | U$S | 1 | 1373 | 1854 | - |
| **Total current assets** |  |  |  | **236729** | **268685** |
| **Non-Current Assets** |  |  |  |  |  |
| Other receivables | U$S | 0 | 1373 | 154 |  |
| Investments | U$S | 45 | 1373 | 61586 | 61311 |
| **Total Non-Current Assets** |  |  |  | **61740** | **61311** |
| **Total assets** |  |  |  | **298469** | **329996** |
| **Liabilities** |  |  |  |  |  |
| **Current Liabilities** |  |  |  |  |  |
| Provisions and other charges | U$S | 37 | 1382 | 51774 | 97327 |
| Financial debts | U$S | 86 | 1382 | 118484 | 133343 |
| Lease liabilities | U$S | 2 | 1382 | 3070 | 4829 |
| Commercial accounts payable and others | U$S | 22 | 1382 | 30292 | 45635 |
|  | EUR | 1 | 1598.28 | 1987 | 4192 |
|  | GBP | 0 | 1834.05 |  | 10 |
|  | CAD | 0 | 993.07 | 94 | 51 |
| **Total current liabilities** |  |  |  | **205701** | **285387** |
| **Non-Current Liabilities** |  |  |  |  |  |
| Provisions and other charges | U$S | 1 | 1382 | 754 | 1540 |
| Financial debts | U$S | 429 | 1382 | 592195 | 714039 |
| Lease liabilities | U$S | 0 | 1382 | 294 | 410 |
| Commercial accounts payable and others | U$S | 1 | 1382 | 937 | 1160 |
| **Total non-current liabilities** |  |  |  | **594180** | **717149** |
| **Total liabilities** |  |  |  | **799881** | **1002536** |
| **Net liability position** |  |  |  | **501412** | **672540** |

---

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 13 – OTHER RESTRICTED ASSETS**

In addition to what is set forth in notes 1 and 6, within current assets as of March 31, 2026 and December 31, 2025, under the heading of Cash and cash equivalents, balances are maintained in bank accounts specifically allocated for the settlement of negotiable obligations Series 2021 and Class IV for $8,020 million and $7,812 million, respectively.

**NOTE 14 - CAPITAL STOCK**

At March 31, 2026 capital stock is as follows:

---

| | |
|:---|:---|
|  | **Par Value** |
|  | **$** |
| Paid-in and subscribed | 258517299 |
| Registered with the Public Registry of Commerce | 258517299 |

---

The Company's capital stock is comprised of 258,517,299 common shares of $1 par value and entitled to one vote per share.

**NOTE 15 - RESOLUTION OF THE ORDINARY GENERAL MEETINGS, SPECIAL MEETINGS OF CLASS A, B, C AND D AND SPECIAL MEETINGS OF PREFERRED SHARES OF AEROPUERTOS ARGENTINA 2000 S.A. (presented in $ in currency as of the date of the meetings)**

At the ordinary and special general meeting of classes A, B, C, and D held on April 29, 2025, it was resolved:

(i) to restate the positive result for the fiscal
 year, which as of December 31, 2024, amounted to the general CPI index accumulated through
 March, resulting in an adjusted result of $316,986,187,842;

(ii) that the restated result be used to establish
 an optional reserve for the execution of future works plans and for the payment of future
 dividends, if applicable.

At the Ordinary and Special General Meeting of Classes A, B, C, and D held on April 15, 2026, the following resolutions were adopted:

(i) to restate the positive result for the fiscal
 year ending December 31, 2025, which amounted to $229,476,503,399, based on the accumulated
 General Consumer Price Index through March;

(ii) that the restated result be allocated to
 the creation of an optional reserve for the execution of future construction projects and,
 if applicable, for the payment of future dividends.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Notes to the Condensed Consolidated Interim Financial Statements**

At March 31, 2026 presented in comparative format (Contd.)

**NOTE 16 – EARNINGS PER SHARE**

Relevant information for the calculation per share:

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **03.31.2025** |
| Income for the period (in millions of $) | 121785 | 57328 |
| Amount of ordinary shares (millions) | 259 | 259 |
| Earnings per shares ($ per share) | 470.2124 | 221.3436 |

---

**NOTE 17 - FINANCIAL RISK MANAGEMENT**

The Company's activity is exposed to various financial risks: market risk (including exchange rate risk, interest rate fair value risk and price risk), credit risk and liquidity risk.

These Condensed Consolidated Interim Financial Statements must be read in light of the economic context in which the Company operates, which was disclosed in the annual Consolidated Financial Statements in note 20. Inflation for the first three months of 2026 and the year-over-year inflation rate are shown in Note 3. The quarterly devaluation was 5.0%.

As of the date of these financial statements, there were no significant changes in exposure to market risk, foreign exchange risk, interest rate risk, credit risk, or liquidity risk compared to what was reported in the annual financial statements closed as of December 31, 2025.

**NOTA 18 - EVENTS SUBSEQUENT TO THE END OF THE PERIOD**

No events and/or transactions have occurred since the end of the period that could significantly affect the Company's financial and equity situation.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Summary Report required by article 4 of Chapter III of Title IV of the**

**Rules of the National Securities Commission (N.T. 2013 and mod.)**

At March 31, 2026 presented in comparative form

**Presentation base**

The information contained in this Summary Report has been prepared in accordance with article 4 of Chapter III of Title IV of the NSC Regulations (N.T. 2013 and mod.) and must be read together with the Condensed Consolidated Interim Financial Statements as of March 31, 2026 presented in a comparative manner, prepared in accordance with IFRS standards.

In compliance with the provisions of the CNV regulations, the values corresponding to the interim periods of this informative review are expressed in constant currency at March 31, 2026, in accordance with International Accounting Standard N ° 29 "Financial information in hyperinflationary economies". For more information, see Note 3.7 to the Condensed Consolidated Interim Financial Statements at March 31, 2026.

**1. General considerations**

*International Financial Reporting Standards (IFRS)*

Through article No. 1 of chapter III of title IV of the NSC Standards (NT 2013 and mod.), the application of Technical Resolution No. 29 of the FACPCE (and modifications) has been established, which adopts the IFRS issued by the IASB, its modifications and the adoption circulars established by the FACPCE, for entities issuing shares and/or negotiable obligations.

The application of such standards is mandatory for the Company as of the fiscal year beginning on January 1, 2012.

*Seasonality*

The Company's revenues are highly influenced by the seasonality of air traffic in Argentina. The traffic of planes and passengers and, consequently, the income of the Company are higher during the summer and winter months (December - February and July - August), because they are holiday periods.

During the year 2026, projects and works have been carried out at the different concessioned airports.

<u>Ezeiza International Airport</u>

The following works are currently underway:

-Beacon ring and main electrical substation; and

-New osmosis plant.

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Summary Report required by article 4 of Chapter III of Title IV of the**

**Rules of the National Securities Commission (N.T. 2013 and mod.)**

At March 31, 2026 presented in comparative form

**1. General considerations (Contd.)**

<u>Jorge Newbery Airport</u>

The following works are currently underway:

- Remodeling of the Inspection and Search Point.

The following works have been completed:

- Expansion of the North Apron.

<u>Iguazú Airport</u>

The following works are underway:

-Tip-off points; Aircraft sanitary effluent treatment; and

-Sewage Treatment Plant.

<u>San Rafael Airport</u>

The following works are underway:

-New Passenger Terminal.

<u>Resistencia Airport</u>

The following works are underway:

-Comprehensive remodeling of the passenger terminal.

<u>Formosa Airport</u>

Construction work on the new passenger terminal is underway.

<u>Salta Airport</u>

The renovation and expansion of the passenger terminal is underway.

<u>Rio Grande Airport</u>

The following works are currently underway:

- Rehabilitation of the runway, taxiway, and apron; and

- Installation of a new lighting system

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Summary Report required by article 4 of Chapter III of Title IV of the**

**Rules of the National Securities Commission (N.T. 2013 and mod.)**

At March 31, 2026 presented in comparative form

**2. Equity structure**

In order to appreciate the evolution of the Company's activities, the comparative consolidated equity structure of the financial statements at March 31, 2026, 2025, and 2024, is presented.

---

| | | | |
|:---|:---|:---|:---|
|  | **03.31.26** | **03.31.25** | **03.31.24** |
|  | **Millions of $** | **Millions of $** | **Millions of $** |
| Current Asset | 357199 | 327848 | 370878 |
| Non-current Assets | 2917834 | 2916503 | 2956698 |
| **Total Assets** | **3275033** | **3244351** | **3327576** |
| Current liabilities | 361131 | 269708 | 284179 |
| Non- Current Liabilities | 1117046 | 1233456 | 1326598 |
| **Total Liabilities** | **1478177** | **1503164** | **1610777** |
| Net equity attributable to majority shareholders | 1796250 | 1740882 | 1716738 |
| Non-controlling interest | 606 | 305 | 61 |
| **Net Equity** | **1796856** | **1741187** | **1716799** |
| **Total Assets and Equity** | **3275033** | **3244351** | **3327576** |

---

**3. Results structure**

The following is a summary of the evolution of the consolidated statements of comprehensive income for the three-month periods ended at March 31, 2026, 2025, and 2024.

---

| | | | |
|:---|:---|:---|:---|
|  | **03.31.26** | **03.31.25** | **03.31.24** |
|  | **Millions of $** | **Millions of $** | **Millions of $** |
| **Operating profit** | **118892** | **90696** | **146850** |
| Income and financial costs | 70949 | 7753 | 389628 |
| RECPAM | (6303) | (3113) | (28944) |
| Result from participation in related parties | - | - | - |
| **Income before tax** | **183538** | **95336** | **507534** |
| Income tax | (61753) | (38008) | (196233) |
| **Result of the period** | **121785** | **57328** | **311301** |
| Other comprehensive incomes | - | - | - |
| **Comprehensive income for the period** | **121785** | **57328** | **311301** |

---

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Summary Report required by article 4 of Chapter III of Title IV of the**

**Rules of the National Securities Commission (N.T. 2013 and mod.)**

At March 31, 2026 presented in comparative form

**4. Cash flow structure**

---

| | | | |
|:---|:---|:---|:---|
|  | **03.31.26** | **03.31.25** | **03.31.24** |
|  | **Millions of $** | **Millions of $** | **Millions of $** |
| Cash Flow generated by operating activities | 113666 | 124676 | 22922 |
| Cash Flow (used in) generated by investing activities | (14907) | 2842 | (9120) |
| Cash Flow (used in) financing activities | (80891) | (104893) | (66408) |
| **Net Cash Flow generated by (used in) the period** | **17868** | **22625** | **(52606)** |

---

**5. Analysis of operations for the three-month periods ended at March 31, 2026 and 2025**

*5.1 Results of operations*

*<u>Income</u>*

The following table shows the composition of consolidated revenues for the three-month periods ended at March 31, 2026 and 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Revenues** | **03.31.2026** | | **03.31.2025** | |
|  | **Millions of $** | **%**<br>**Revenues** | **Millions of $** | **%**<br>**Revenues** |
| Aeronautical revenue | 245735 | 62.40% | 216476 | 61.25% |
| Commercial revenue | 148085 | 37.60% | 136932 | 38.75% |
| **Total** | **393820** | **100.00%** | **353408** | **100.00%** |

---

The following table shows the composition of the aeronautical revenues for the three-month periods ended at March 31, 2026 and 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Aeronautical revenues** | **03.31.2026** | | **03.31.2025** | |
|  | **Millions of $** | **%**<br>**Revenues** | **Millions of $** | **%**<br>**Revenues** |
| Landing fee | 18282 | 7.44% | 15071 | 6.96% |
| Parking fee | 6024 | 2.45% | 5606 | 2.59% |
| Air station use rate | 221429 | 90.11% | 195799 | 90.45% |
| **Total** | **245735** | **100.00%** | **216476** | **100.00%** |

---

*<u>Costs</u>*

The cost of sales had the following variation:

---

| | |
|:---|:---|
|  | **Millions of $** |
| Costs of sales for the period ended at 03.31.2026 | 237600 |
| Costs of sales for the period ended at 03.31.2025 | 226126 |
| Variation | 11474 |

---

![](tm2614265d1_ex99-1sp2img002.jpg)

------

**Summary Report required by article 4 of Chapter III of Title IV of the**

**Rules of the National Securities Commission (N.T. 2013 and mod.)**

At March 31, 2026 presented in comparative form

**5. Analysis of operations for the three-month periods ended at March 31, 2026 and 2025 (Contd.)**

*5.1 Results of operations (Contd.)*

*<u>Distribution and marketing expenses</u>*

The distribution and marketing expenses had the following variation:

---

| | |
|:---|:---|
|  | **Millions of $** |
| Distribution and commercial expenses for the period ended at 03.31.2026 | 24520 |
| Distribution and commercial expenses for the period ended at 03.31.2025 | 20890 |
| Variation | 3630 |

---

*<u>Administrative Expenses</u>*

The administrative expenses had the following variation:

---

| | |
|:---|:---|
|  | **Millions of $** |
| Administrative expenses for the period ended at 03.31.2026 | 21828 |
| Administrative expenses for the period ended at 03.31.2025 | 18879 |
| Variation | 2949 |

---

*<u>Income and financial costs</u>*

Net financial income and costs totaled a gain of $70,949 million during the three-month period ended at March 31, 2026 with respect to $7,753 million revenue during the same period of the previous year.

The variation is mainly due to the result arising from exposure to foreign currency.

*<u>Other incomes and expenditures</u>*

The other net income and expenses item recorded a gain of $8,900 million during the three-month period ended March 31, 2026 compared to a gain of $3,072 million in the same period of the previous year.

*5.2 Liquidity and Capital Resources*

*<u>Capitalization</u>*

The total capitalization of the Group as of March 31, 2026 amounted to $2,506,784 million, composed of $709,928 million of financial debt and equity of $1,796,856 million, while the total capitalization of the Group as of March 31, 2026 amounted to $2,583,436 million, composed of $842,248 million of financial debt and equity of $1,741,188 million.

Debt as a percentage of total capitalization amounted to approximately 28.32% and 32.60% as of March 31, 2026 and 2025, respectively.

![](tm2614265d1_ex99-1img002.jpg)

**Summary Report required by article 4 of Chapter III of Title IV of the** 

**Rules of the National Securities Commission (N.T. 2013 and mod.)**

At March 31, 2026 presented in comparative form

**5. Analysis of operations for the three-month periods ended at March 31, 2026 and 2025 (Contd.)**

*5.2 Liquidity and Capital Resources (Contd.)*

*<u>Financing</u>*

See in detail Note 8 to these Condensed Consolidated Interim Financial Statements.

**6. Index**

The information refers to the three-month periods ended at March 31, 2026, 2025, and 2024:

---

| | | | |
|:---|:---|:---|:---|
|  | **03.31.26** | **03.31.25** | **03.31.24** |
| Liquidity <sup>(1)</sup> | 1.027 | 1.287 | 1.459 |
| Solvency <sup>(1)</sup> | 1.230 | 1.176 | 1.094 |
| Immobilization of capital | 0.891 | 0.899 | 0.889 |
| Cost effectiveness | 0.070 | 0.033 | 0.199 |

---

(1) Current liabilities and non-current liabilities do not include deferred profits or additional consideration for concessionaries.

**7. Statistical data**

*<u>Passengers</u>*

The information detailed below is based on extra-budgetary statistics compiled by the Company. Number of passengers (in thousands) for the three-month periods ended at March 31, 2026, 2025, and 2024:

---

| | | | |
|:---|:---|:---|:---|
|  | **03.31.26** | **03.31.25** | **03.31.24** |
| **Airport** | **Thousands of passengers** | **Thousands of passengers** | **Thousands of passengers** |
| Aeroparque | 4491 | 4416 | 3785 |
| Ezeiza | 3853 | 3426 | 3062 |
| Córdoba | 1007 | 801 | 744 |
| Mendoza | 633 | 642 | 562 |
| Bariloche | 604 | 659 | 616 |
| Iguazú | 445 | 470 | 345 |
| Salta | 381 | 358 | 317 |
| Tucumán | 260 | 194 | 179 |
| C. Rivadavia | 123 | 141 | 128 |
| Jujuy | 116 | 127 | 146 |
| **Total** | **11913** | **11234** | **9884** |
| **Overall total** | **12449** | **11811** | **10562** |
| **Variation** | **5.4%** | **11.8%** | **6.0%** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Summary Report required by article 4 of Chapter III of Title IV of the** 

**Rules of the National Securities Commission (N.T. 2013 and mod.)**

At March 31, 2026 presented in comparative form

**7. Statistical data (Contd.)**

*<u>Movement of aircraft</u>*

Amount of movement of aircraft for the three-month periods ended at March 31, 2026, 2025, and 2024 of the ten airports that represent more than 80% of the total movements of the airport system:

---

| | | | |
|:---|:---|:---|:---|
| **Airport** | **03.31.26** | **03.31.25** | **03.31.24** |
| Aeroparque | 34570 | 35250 | 31188 |
| Ezeiza | 23859 | 20912 | 19834 |
| San Fernando | 14612 | 12706 | 13299 |
| Córdoba | 8157 | 6930 | 6713 |
| Mendoza | 5152 | 5702 | 5179 |
| Bariloche | 4608 | 5202 | 4590 |
| Salta | 4574 | 4224 | 4077 |
| Iguazú | 3211 | 3484 | 2607 |
| San Rafael | 2186 | 2125 | 2678 |
| Mar del plata | 2051 | 2138 | 2558 |
| **Total** | **102980** | **98673** | **92723** |
| **Overall Total** | **118607** | **115319** | **110140** |
| **Variation** | **2.9%** | **4.7%** | **34.3%** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Summary Report required by article 4 of Chapter III of Title IV of the** 

**Rules of the National Securities Commission (N.T. 2013 and mod.)**

At March 31, 2026 presented in comparative form

**Outlook for 2026**

The first quarter marked a new record, with 12.5 million passengers, surpassing the previous record set in 2025, when 11.8 million passengers traveled through our airports. This growth dynamic was driven primarily by the international segment, which continues to exhibit a strong upward trend, recording an 18.3% increase compared to the same period of the prior year. The domestic segment experienced a slight decline of 2.2% during the quarter, attributable mainly to fleet availability issues resulting from maintenance requirements affecting the principal local operators.

Each month of the quarter reached a new all-time record in passenger traffic, registering the highest passenger volumes ever recorded for the respective month. January was the best month in the Company's history, with 4.4 million passengers, surpassing the previous record of 4.2 million set in December 2025. Additionally, January also represented the strongest month on record for the international segment, with 1.8 million passengers. Similarly, each month of the quarter set an all-time record for that respective month within this segment.

For the second quarter of 2026—which, due to seasonal patterns, represents the lowest-activity quarter of the year—and for the remainder of the year, a more moderate year-over-year growth rate is expected in the international segment. Volumes will be partially impacted by runway works at Ezeiza Airport, scheduled over an 18-day period between October and November. For the domestic segment, the second quarter is expected to follow a similar trend to that observed in the early months of the year, with a recovery anticipated in the second half of 2026. Overall, 2026 is on track to become a new record year for activity, surpassing levels reached in recent years.

With respect to commercial revenues, the Cargo segment stood out for its strong operational performance and revenue growth, driven primarily by higher import activity volumes. Other commercial revenues showed a mixed performance: aircraft and airline services recorded solid growth, in line with increased operational activity, while Advertising delivered a notable improvement driven by new contracts and the renegotiation of existing agreements. Parking revenues remained broadly in line with the prior year, while the Duty Free segment posted a slight decline due to lower passenger capture rates and a decrease in average spend per passenger.

On the cost side, the Company's operating costs continued to be affected by the macroeconomic environment, exerting pressure primarily on the local-currency cost structure. In response to this context, cost control and efficiency measures have been implemented and are subject to ongoing monitoring, with the objective of preserving operating profitability.

Finally, with regard to the capital investment plan, the Company continued to advance in accordance with the contractual commitment execution schedule. Progress is ongoing toward completing the portion of the 2026 Capex program corresponding to Phase II of the contractual commitment. Additionally, works carried out under the National Airport System Strengthening Trust also advanced during the period.

*"Free translation from the original in Spanish for publication in Argentina"*

![](tm2614265d1_ex99-1img003.jpg)

**Review Report on Condensed Consolidated Interim Financial Statements**

To the Shareholders, Chairman and Directors of

Aeropuertos Argentina 2000 S.A.

Legal address: Honduras 5663

Autonomous City of Buenos Aires

CUIT N° 30-69617058-0

**Report on condensed consolidated interim financial statements**

**Introduction**

We have reviewed the accompanying condensed consolidated interim financial statements of Aeropuertos Argentina 2000 S.A. and its subsidiaries (hereinafter "the Company") comprising the consolidated statement of financial position as of March 31, 2026, the consolidated statements of comprehensive income, changes in equity and cash flows for the three-month period ended March 31, 2026 and selected explanatory notes.

**Responsibilities of the Board of Directors**

The Board of Directors of the Company is responsible for the preparation and presentation of the financial statements in accordance with IFRS Accounting Standards and is therefore responsible for the preparation and presentation of the condensed consolidated interim financial statements mentioned in the first paragraph, in accordance with International Accounting Standard 34 (IAS 34).

**Scope of review**

We conducted our review in accordance with International Standard on Review Engagements 2410, 'Review of interim financial information performed by the independent auditor of the entity', adopted as a review standard in Argentina by FACPCE Technical Resolution No. 33 as approved by the Standards Council International Audit and Assurance Organizations (IAASB). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

**Conclusion**

Based on our review, nothing has come to our attention that causes us to believe that the accompanying condensed consolidated interim financial statements is not prepared, in all material respects, in accordance with IAS 34.

---

| | |
|:---|:---|
| **www.pwc.com.ar** | Price Waterhouse & Co. S.R.L. Bouchard 557, 8th floor, C1106ABG |
|  | Ciudad Autónoma de Buenos Aires, Argentina, T: +(54.11) 4850.0000 |

---

**Report on compliance with current provisions**

In compliance with current provisions, we inform, with respect to Aeropuertos Argentina 2000 S.A., that:

&nbsp;&nbsp;&nbsp;&nbsp;a) the condensed consolidated interim financial statements of Aeropuertos
 Argentina 2000 S.A. are pending to be transcribed in the Inventory and Balance Sheets;

&nbsp;&nbsp;&nbsp;&nbsp;b) the separate condensed interim financial statements of Aeropuertos
 Argentina 2000 S.A. arise from accounting records kept in their formal aspects in accordance
 with legal regulations;

&nbsp;&nbsp;&nbsp;&nbsp;c) we have read the informative briefing, on which, as far as it is
 within our competence, we have no observations to make;

&nbsp;&nbsp;&nbsp;&nbsp;d) as of March 31, 2026, the debt accrued in favor of the Argentine
 Integrated Pension System of Aeropuertos Argentina 2000 S.A. arising from the Company's accounting
 records amounted to $9,585,390,467, which was not payable on that date.

Autonomous City of Buenos Aires, May 8, 2026.

<u>PRICE WATERHOUSE & CO. S.R.L. by (Partner) Juan Manuel Gallego Tinto</u>

**<u>SURVEILLANCE COMMITTEE REPORT</u>**

To the shareholders of

**AEROPUERTOS ARGENTINA 2000 S.A.**

In accordance with the requirements of the Article 294 Subsection 5º of Act No. 19,550 and the Article 63 Subsection b) of the BYMA Regulations (Argentine Stock and Market), we have conducted the review described in the third paragraph regarding the condensed consolidated interim financial statements of Aeropuertos Argentina 2000 S.A. (the "<u>Compan</u>y") and its subsidiaries, including the consolidated statement of financial position as of March 31, 2026, the consolidated statements of comprehensive income, changes in equity, and cash flows for the three-month period ended March 31, 2026, and selected explanatory notes.

The Board of Directors of the Company is responsible for the preparation and issuance of said financial statements, in exercise of its specific functions.

Our review was conducted in accordance with the supervisory existing standards. These standards require the verification of the consistency of the revised documents with the information on the corporate decisions established in minutes and the adequacy of those decisions to the law and the by-laws regarding its formal and documentary aspects.

In order to carry out our professional work, we have taken into account the limited review report of the external auditor, Juan Manuel Gallego Tinto (partner of Price Waterhouse & Co. SRL), dated May 8, 2026, who states that it has been issued in accordance with the International Standards for Review Engagements NIER 2410 "Review of interim financial information developed by the entity's independent auditor", which were adopted as review standards in Argentina by Technique Resolution No. 33 of the Argentine Federation of Professional Councils in Economic Sciences (FACPCE) as approved by the International Auditing and Assurance Standards Board (IAASB).

As stated in the section "Board Responsibility" of the external auditor's report, the Board of Directors of the Company is responsible for the preparation and presentation of the abovementioned financial statements, in accordance with International Financial Reporting Standards (IFRS), as approved by the International Accounting Standard Board (IASB). The Board of Directors of the Company is responsible for the preparation and issuance of said financial statements, according to the International Accounting Standard 34 "Interim Financial Reporting" (IAS 34).

We have not carried out any management control and, therefore, we have not evaluated the criteria and business decisions of administration, financing, marketing, or production, since these issues are the sole responsibility of the Board of Directors.

Based on our review, with the scope described above, we hereby inform that: (i) condensed consolidated interim financial statements of the Company as of March 31, 2026 consider all significant events and circumstances that are known to us; (ii) said financial statements arise from the accounting records kept in their formal aspects in accordance with legal regulations, except for the fact that they are pending to be copied in the "Inventory and Balance Sheets" book; and (iii) regarding said documents we have no other observations to make.

In exercise of our legal supervision duties, during the period under review, we performed the procedures set forth in Article 294 of Act No. 19,550 that we consider necessary in accordance with the circumstances, and in this respect, we have no observations to make.

Autonomous City of Buenos Aires, May 8, 2026.

TOMÁS M. ARAYA <br> By Surveillance Committee

## Exhibit 99.2

**Exhibit 99.2**

![](tm2614265d1_ex99-2img001.jpg)

**Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format

![](tm2614265d1_ex99-2img002.jpg)

**<u>Index</u>**

---

| |
|:---|
| Glossary |
| Separate Condensed Interim Financial Statements |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Separate Statements of Comprehensive Income |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Separate Statements of Financial Position |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Separate Statements of Changes in Equity |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Separate Statements of Cash Flows |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notes to the Separate Condensed Interim Financial Statements |
| Review Report of the Separate Condensed Interim Financial Statements |
| Report of the Supervisory Committee |

---

**<u>Glossary</u>**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Term** | &nbsp;&nbsp;**Definition** |
| &nbsp;&nbsp;$| &nbsp;&nbsp;Argentine peso |
| &nbsp;&nbsp;U$S | &nbsp;&nbsp;US dollar |
| &nbsp;&nbsp;EUR | &nbsp;&nbsp;Euro |
| &nbsp;&nbsp;GBP | &nbsp;&nbsp;Sterling pound |
| &nbsp;&nbsp;CAD | &nbsp;&nbsp;Canadian dollar |
| &nbsp;&nbsp;The Company | &nbsp;&nbsp;Aeropuertos Argentina 2000 S.A. |
| &nbsp;&nbsp;BCRA | &nbsp;&nbsp;Acronym for Central Bank of Argentine Republic |
| &nbsp;&nbsp;BNA | &nbsp;&nbsp;Bank of Argentine Nation |
| &nbsp;&nbsp;BO | &nbsp;&nbsp;Official Gazette |
| &nbsp;&nbsp;CAAP | &nbsp;&nbsp;Corporación América Airports S.A. |
| &nbsp;&nbsp;CINIIF | &nbsp;&nbsp;Committee on Interpretations of International Financial Reporting Standards |
| &nbsp;&nbsp;CNV | &nbsp;&nbsp;National Securities Commission |
| &nbsp;&nbsp;CPCECABA | &nbsp;&nbsp;Professional Council of Economic Sciences of the Autonomous City of Buenos Aires |
| &nbsp;&nbsp;FACPCE | &nbsp;&nbsp;Argentine Federation of Professional Councils of Economic Sciences |
| &nbsp;&nbsp;IASB | &nbsp;&nbsp;Acronym for International Accounting Standards Board |
| &nbsp;&nbsp;IATA | &nbsp;&nbsp;Acronym for International Air Transport Association |
| &nbsp;&nbsp;INDEC | &nbsp;&nbsp;Acronym for National Institute of Statistics and Censuses |
| &nbsp;&nbsp;IPC | &nbsp;&nbsp;Consumer Price Index (General Level) |
| &nbsp;&nbsp;MULC | &nbsp;&nbsp;Acronym for Free Exchange Market |
| &nbsp;&nbsp;NIC | &nbsp;&nbsp;International Accounting Standards |
| &nbsp;&nbsp;NIIF | &nbsp;&nbsp;International Financial Reporting Standards |
| &nbsp;&nbsp;OACI | &nbsp;&nbsp;International Civil Aviation Organization |
| &nbsp;&nbsp;ON | &nbsp;&nbsp;Negotiable Obligations |
| &nbsp;&nbsp;ORSNA | &nbsp;&nbsp;Acronym for Regulatory Body of the National Airport System |
| &nbsp;&nbsp;PEN | &nbsp;&nbsp;National Executive Power |
| &nbsp;&nbsp;PFIE | &nbsp;&nbsp;Financial Projection of Income and Expenditures |
| &nbsp;&nbsp;PIK | &nbsp;&nbsp;Acronym for payment in kind |
| &nbsp;&nbsp;PP&E | &nbsp;&nbsp;Property , Plant & Equipment |
| &nbsp;&nbsp;RECPAM | &nbsp;&nbsp;Result from Exposure to Changes in the Purchasing Power of the Currency |
| &nbsp;&nbsp;SNA | &nbsp;&nbsp;National Airport System |
| &nbsp;&nbsp;TNA | &nbsp;&nbsp;Nominal annual interest rate |
| &nbsp;&nbsp;TO | &nbsp;&nbsp;Ordered Text |

---

![](tm2614265d1_ex99-2img002.jpg)

Registration number with the Superintendency of Corporations: 1645890

**Honduras 5663 – Autonomous City of Buenos Aires**

<u>Principal activity of the Company</u>: Exploitation, administration and operation of airports.

<u>Company Name:</u> Aeropuertos Argentina 2000 S.A.

**Separate Condensed Interim Financial Statements**

For the three-month period of the

Fiscal Year N° 29 commenced January 1, 2026

<u>Date of registration with the Public Registry of Commerce:</u>

Of the By-laws: February 18, 1998

Of the last modification of the By-laws: January 03, 2023

<u>Expiration date of the company:</u> February 17, 2053

<u>Controlling Company:</u>

Corporate Name: Corporación América S.A.U.

Legal Address: Honduras 5673 – Autonomous City of Buenos Aires

Principal activity: Investments and financing

Participation of the Parent Company in common stock and total votes: 45,90%

<u>Capital breakdown (Note 14):</u>

---

| | | |
|:---|:---|:---|
| Issued Common Shares of N/V $1 and 1 vote each: | Issued Common Shares of N/V $1 and 1 vote each: | Issued Common Shares of N/V $1 and 1 vote each: |
|  | Subscribed | Paid-in |
|  | **$** | **$** |
| 79,105,489 Class "A" Shares | 79105489 | 79105489 |
| 79,105,489 Class "B" Shares | 79105489 | 79105489 |
| 61,526,492 Class "C" Shares | 61526492 | 61526492 |
| 38,779,829 Class "D" Shares | 38779829 | 38779829 |
|  | **258517299** | **258517299** |

---

![](tm2614265d1_ex99-2img002.jpg)

**Separate Statement of Comprehensive Income**

For the three-month periods ended at March 31, 2026 and 2025

---

| | | | |
|:---|:---|:---|:---|
|  | | **Three months at** | **Three months at** |
|  | | **03.31.2026** | **03.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Continuous Operations |  |  |  |
| Sales income | 3 | 392492 | 352536 |
| Construction income |  | 31353 | 28978 |
| Cost of service | 4.1 | (237667) | (226174) |
| Construction costs |  | (31233) | (28867) |
| **Income for gross profit for the period** |  | **154945** | **126473** |
| Distribution and selling expenses | 4.2 | (24205) | (20739) |
| Administrative expenses | 4.3 | (20861) | (18060) |
| Other income and expenses, net | 5.1 | 8906 | 3076 |
| **Operating profit for the period** |  | **118785** | **90750** |
| Finance Income | 5.2 | (35643) | (1950) |
| Finance Costs | 5.3 | 106548 | 9698 |
| RECPAM |  | (6063) | (3049) |
| Result from exposure to changes in the purchasing power of the currency |  | (24) | 13 |
| **Income before income tax** |  | **183603** | **95462** |
| Income tax | 5.4 | (61776) | (38065) |
| **Income for the period for continuous operations** |  | **121827** | **57397** |
| **Net Income for the period** |  | **121827** | **57397** |
| Other comprehensive income |  | - | - |
| **Comprehensive Income for the period** |  | **121827** | **57397** |
| **Income per share basic and diluted attributable to shareholders of the Company during the period (shown in $ per share) from continuous operations** |  | 470.3745 | 221.6100 |

---

The accompanying notes are an integral part of these Separate Condensed Interim Financial Statements and should be read together with the Separate Accounting Statements audited for the year ended at December 31, 2025.

![](tm2614265d1_ex99-2img002.jpg)

**Separate Statements of Financial Position**

At March 31, 2026 and December 31, 2025

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| **Assets** |  | | |
| **Non- Current Assets** |  |  |  |
| Investments accounted for by the equity method | 6 | 3652 | 3676 |
| Intangible Assets | 7 | 2772790 | 2796087 |
| Rights of use |  | 3437 | 4684 |
| Other receivables |  | 68855 | 69785 |
| Investments |  | 71063 | 61311 |
| **Total Non-Current Assets** |  | **2919797** | **2935543** |
| **Current Assets** |  |  |  |
| Other receivables | 9.1 | 17468 | 28191 |
| Trade receivables, net | 9.2 | 138519 | 158194 |
| Investments | 9.3 | 79928 | 96677 |
| Cash and cash equivalents | 9.4 | 115073 | 100063 |
| **Total Current Assets** |  | **350988** | **383125** |
| **Total Assets** |  | **3270785** | **3318668** |
| **Shareholders' Equity and Liabilities** |  |  |  |
| **Equity attributable to majority shareholders** |  |  |  |
| Common shares |  | 259 | 259 |
| Share Premium |  | 137 | 137 |
| Capital adjustment |  | 197936 | 197936 |
| Legal and facultative reserve |  | 1247464 | 1246789 |
| Retained earnings |  | 350454 | 228627 |
| **Subtotal** |  | **1796250** | **1673748** |
| **Liabilities** |  |  |  |
| **Non-Current Liabilities** |  |  |  |
| Provisions and other charges | 11 | 3628 | 4895 |
| Financial debts | 8 | 591706 | 713462 |
| Deferred income tax liabilities |  | 519694 | 492110 |
| Lease liabilities |  | 294 | 410 |
| Accounts payable and others | 9.5 | 937 | 1160 |
| **Total Non- Current Liabilities** |  | **1116259** | **1212037** |
| **Current Liabilities** |  |  |  |
| Provisions and other charges | 11 | 65983 | 109709 |
| Financial debts | 8 | 118222 | 133017 |
| Current income tax liability, net of advances |  | 20266 |  |
| Lease liabilities |  | 3070 | 4829 |
| Accounts payable and others | 9.5 | 132668 | 164934 |
| Fee payable to the Argentine National Government | 10 | 18067 | 20394 |
| **Total Current Liabilities** |  | **358276** | **432883** |
| **Total Liabilities** |  | **1474535** | **1644920** |
| **Total Shareholder's Equity and Liabilities** |  | **3270785** | **3318668** |

---

The accompanying notes are an integral part of these Separate Condensed Interim Financial Statements and should be read together with the Separate Accounting Statements audited for the year ended at December 31, 2025.

![](tm2614265d1_ex99-2img002.jpg)

**Separate Statements of Changes in Equity**

At March 31, 2026 and 2025

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** | **Attributable to majority shareholders** |
|  | **Common<br> Shares** | **Share<br> Premium** | **Adjustment<br> of capital** | **Legal**<br> **Reserve** | **Facultative<br> Reserve** | **Other**<br> **Reserves** | **Retained<br> Earnings** | **Total**<br> **Equity** |
|  | **In millions of $** | **In millions of $** | **In millions of $** | **In millions of $** | **In millions of $** | **In millions of $** | **In millions of $** | **In millions of $** |
| **Balance at 01.01.26** | **259** | **137** | **197936** | **39610** | **1200893** | **6286** | **228627** | **1673748** |
| Compensation plan |  |  |  |  |  | 675 |  | 675 |
| Net Income for the period | - | - | - | - | - | - | 121827 | 121827 |
| **Balance at 03.31.2026** | **259** | **137** | **197936** | **39610** | **1200893** | **6961** | **350454** | **1796250** |
| **Balance at 01.01.25** | **259** | **137** | **197936** | **39610** | **1020583** | **6074** | **418789** | **1683388** |
| Compensation plan |  |  |  |  |  | 98 |  | 98 |
| Net Income for the period | - | - | - | - | - | - | 57397 | 57397 |
| **Balance at 03.31.2025** | **259** | **137** | **197936** | **39610** | **1020583** | **6172** | **476186** | **1740883** |

---

The accompanying notes are an integral part of these Separate Condensed Interim Financial Statements and should be read together with the Separate Accounting Statements audited for the year ended at December 31, 2025.

![](tm2614265d1_ex99-2img002.jpg)

**Separate Statements of Cash Flow**

For the three month periods ended at March 31, 2026 and 2025

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **03.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| **Cash Flows from operating activities** |  |  |  |
| Net income for the period |  | 121827 | 57397 |
| Adjustment for: |  |  |  |
| Income tax |  | 61776 | 38065 |
| Amortization of intangible assets | 4/7 | 54650 | 50150 |
| Depreciation right of use | 4 | 1254 | 864 |
| Bad debts provision | 4 | 698 | 1625 |
| Specific allocation of accrued and unpaid income |  | 18067 | 17054 |
| Income of investments accounted for by the equity method |  | 24 | (13) |
| Income of sales of investments accounted for by the equity method | 6 |  |  |
| Compensation plan |  | 675 | 98 |
| Accrued and unpaid financial debts interest costs | 8 | 13866 | 16776 |
| Accrued deferred revenues and additional consideration | 11 | (6812) | (7118) |
| Accrued and unpaid Exchange differences |  | (80310) | 31822 |
| Litigations provision | 11 | (564) | 250 |
| Inflation Adjustment |  | (6305) | 13211 |
| Changes in operating assets and liabilities: |  |  |  |
| Changes in trade receivables |  | 5866 | (72372) |
| Changes in other receivables |  | (10287) | (53889) |
| Changes in other assets |  |  |  |
| Changes in commercial accounts payable and others |  | (18723) | 58693 |
| Changes in provisions and other charges |  | 7963 | 2165 |
| Changes in specific allocation of income to be paid to the Argentine National State |  | (18704) | (7334) |
| Increase of intangible assets |  | (31353) | (23941) |
| Income tax payments |  | (140) | - |
| **Net cash Flow generated by operating activities** |  | **113468** | **123503** |
| **Cash Flow for investing activities** |  |  |  |
| Acquisition of investments |  | (97850) | (13251) |
| Collection of investments |  | 83388 | 16264 |
| **Net Cash Flow (applied to) generated by investing activities** |  | **(14462)** | **3013** |
| **Cash Flow from financing activities** |  |  |  |
| New Financial debts | 8 | 322 | 136 |
| Payment of leases |  | (1404) | (995) |
| Financial debts paid- principal | 8 | (30421) | (51670) |
| Financial debts paid- interests | 8 | (13906) | (15568) |
| Payment of dividends |  | (35475) | (36781) |
| **Net Cash Flow applied to financing activities** |  | **(80884)** | **(104878)** |
| **Net increase in cash and cash equivalents** |  | **18122** | **21638** |
| **Changes in cash and cash equivalents** |  |  |  |
| **Cash and cash equivalents at the beginning of the period** |  | **100063** | **151343** |
| Net increase in cash and cash equivalents |  | 18122 | 21638 |
| Inflation adjustment generated by cash and cash equivalents |  | 4500 | 10069 |
| Foreign Exchange differences (applied to) cash and cash equivalents |  | (7612) | (54644) |
| **Cash and cash equivalents at the end of the period** |  | **115073** | **128406** |

---

The accompanying notes are an integral part of these Separate Condensed Interim Financial Statements and should be read together with the Separate Accounting Statements audited for the year ended at December 31, 2025.

![](tm2614265d1_ex99-2img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format

**NOTE 1 – COMPANY ACTIVITIES**

Aeropuertos Argentina 2000 S.A. ("AA2000" or the "Company") was incorporated in the Autonomous City of Buenos Aires in 1998, after the consortium of companies won the national and international bid for the concession rights for the use, management and operation of the "A" Group of the Argentine National Airport System. "A" Group includes 33 airports that operate in Argentina (the "Concession").

Currently, with the incorporation into Group A of the NSA of the airports of El Palomar (by Decree No. 1107/17) and Rio Hondo (by Resolution ORSNA No. 27/21 Decree), the Company has the concession rights for the operation, administration and operation of 35 airports.

The Concession was granted through the Concession Agreement entered into between the Argentine National State and the Company, dated February 9, 1998. The Concession Agreement was modified and supplemented by the Agreement of Adequacy of the Concession Contract signed between the Argentine National State and the Company, dated April 3, 2007 approved by Decree No. 1799/07 (hereinafter the Memorandum of Agreement) and by Decree No. 1009/20 dated December 16, 2020, which approves the 10-year extension of the initial completion period of the Concession (which operated on February 13, 2028) maintaining exclusivity under the terms established in the Technical Conditions for the Extension (hereinafter the Technical Conditions for the Extension).

Hereinafter, the Concession Agreement will be referred to, as modified and supplemented by the memorandum of Agreement and by the Technical Conditions for the Extension, as the Concession Agreement.

By virtue of the provisions of the Technical Conditions for the Extension, the concession completion period is February 13, 2038 and the exclusivity provided in clauses 3.11 and 4.1 of the Concession Agreement will be maintained with the following exceptions: (i) The zones of influence in the interior of the country are canceled, but not in the area of the Metropolitan Region of Buenos Aires (RMBA) made up of the Ezeiza, Aeroparque, San Fernando and Palomar airports (ii) the exclusivity in the areas of influence will be maintained throughout the national territory for the activity of fiscal warehouses (iii) the exclusivity and from the area of influence for the realization of new airport infrastructure projects in the Rio de la Plata promoted by the National Public Sector, when due to its characteristics it cannot be financed and operated by the Company.

In September 2021, based on the detrimental effects that the COVID-19 pandemic had on air traffic, the ORSNA approved the postponement until December 2022 of certain commitments duly assumed.

On July 28, 2023, the ORSNA notified the issuance of Resolution RESFC-2023-56-APN-ORSNA#MTR by which it decided to approve the conditions and conclusions established in the Report prepared by the Economic and Financial Regulation Management referring to the Review of the Financial Projection of Income and Expenses (PFIE) of the Concession of Group "A" of the National Airport System corresponding to the period 2018-2022, which provides that its conclusion will be carried out at the time of verifying the recovery of the international passenger traffic at values similar to 2019.

By virtue of this, the Company made a judicial presentation (Aeropuertos Argentina 2000 SA C/ ORSNA - RES 56/23 S/Proceso de Conocimiento) within the framework of the agreements entered into in File 56,695/2019.

![](tm2614265d1_ex99-2img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 1 – COMPANY ACTIVITIES (Contd.)**

As resolved by the Resolution RESFC-2023-56-APN-ORSNA#MTR, and within the review process corresponding to the period 2018-2022, the ORSNA issued resolutions RESFC-2023-65-APN-ORSNA#MTR and RESFC-2023-66-APN-ORSNA#MTR. The Company filed an appeal for reconsideration against said resolutions and requested the suspension of their effects. Similarly, a lawsuit was filed in the case AEROPUERTOS ARGENTINA 2000 SA C/ ORSNA - RES 56/23 S/PROCESO DE CONOCIMIENTO, File CAF 032610/2023, based on the agreements entered into and approved in File 56,695/2019.

On November 27, 2023, ORSNA and the Company signed a Minute by which they agreed: (i) to suspend the ongoing procedural deadlines until June 30, 2024, (ii) that the Company must contract at its own expense. a passenger traffic consulting study; (iii) postpone until May 30, 2024 the ordinary annual review of the Financial Projection of Income and Expenses of the Concession, corresponding to all periods until December 31, 2023.

Due to the change in management of the National Government, and in order to comply with what was opportunely agreed, on August 9, 2024, ORSNA and the Company signed a new Meeting Minutes by which the ordinary annual review of the Financial Projection of Income and Expenditures of the Concession, corresponding to all periods until December 31, 2023, was postponed until October 30, 2024. It was also agreed to postpone until November 30, 2024 the deadline for the Regulatory Body to adopt the definitive measures that, being within its competence, allow the restoration of the financial economic equation of the Concession and to suspend until December 31, 2024 the procedural deadlines in the aforementioned judicial case. Joint presentations were made with ORSNA requesting the successive suspension of procedural deadlines, which were subsequently granted by the Court. Currently, on April 14, 2026, a new suspension request was filed for 20 business days, which was granted by the Court; accordingly, the expiration thereof will occur on May 12, 2026.

On December 9, 2024, the ORNSA notified the issuance of Resolution RESFC-2024-36-APN-ORSNA#MTR approving the Revisions of the Financial Projection of Income and Expenses corresponding to the periods 2021, 2022 and 2023. The Company requested the review of some aspects thereof.

To date, the Company has fulfilled the commitments assumed.

Furthermore, under the terms of the concession contract, the National State has the right to rescue the Concession as of February 13, 2018. In the event that the National State decides to rescue the Concession, it must pay the Company compensation.

**NOTE 2 – ACCOUNTING POLICIES**

These Separate Condensed Interim Financial Statements of the Company are presented in millions of Argentine pesos, except for share data or when otherwise indicated. All amounts are rounded to millions of Argentine pesos unless otherwise indicated.

![](tm2614265d1_ex99-2img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 2 – ACCOUNTING POLICIES (Contd.)**

As such, non-significant rounding differences may occur. A dash ("-") indicates that no data was reported for a specific line item in the relevant financial year or period or when the relevant information figure, after rounding, amounts to zero. The Company's Board of Directors approved them for issuance on May 8, 2026.

The CNV (NSC in English), through article 1 of Chapter III of Title IV of the CNV Standards (N.T. 2013 and mod.), has established the application of Technical Resolution No. 26 (and its modifications) of the FACPCE, that adopt the IFRS, issued by the IASB, for entities included in the public offering regime, either for their capital or for their negotiable obligations, or that have requested authorization to be included in the aforementioned regime.

Application of those standards is mandatory for the Company as from the fiscal year beginning on January 1 2012. Therefore, the transition date, as established in the IFRS 1 "First Time Adoption of the IFRS" was January 1, 2011.

These Separate Condensed Interim Financial Statements of the Company for the three-month period ended March 31, 2026 are presented based on the application of the guidelines established in IASB No. 34 "Intermediate Financial Information". Therefore, they must be read together with the company's consolidated financial statements as of December 31, 2025 prepared in accordance with IFRS, as issued by the IASB and IFRIC Interpretations. (IFRIC for its acronym in English).

*1) Comparative Information*

The information included in these financial statements was extracted from the Separate Condensed Interim Financial Statements of AA2000 as of March 31, 2026 and the Separate Financial Statements at December 31, 2025, timely approved by the Company's Board and Shareholders and restated at the closing currency at March 31, 2026, based on the application of IASB 29 (see Note 3.7).

*2) Controlled Companies*

Controlled Companies are all the entities where the Company has the power to control operating and financial policies, generally with a controlling share over 50%. At the moment of determining if the Company controls an entity the existence and the impact of potential voting rights that could be exercised or converted are taken into account. The controlled companies are consolidated as from the date the control is transferred and excluded from the date such control ceases.

The accounting policies of subsidiaries have been modified, where necessary, to ensure the uniformity with the Company policies.

![](tm2614265d1_ex99-2img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 2 – ACCOUNTING POLICIES (Contd.)**

*2) Controlled Companies (Contd.)*

At March 31, 2026, the Company has participation in the following controlled companies (hereafter the Group):

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Controlled <sup>(1)</sup>** | **Number of<br> common <br> shares** | **Participation in<br> capital and<br> possible votes** | **Net<br> Shareholders<br> 'equity at <br> closing** | **Income for<br> the period** | **Book entry<br> value at<br> 03.31.2026** |
|  | | | **Millions of $** | **Millions of $** | **Millions of $** |
| Servicios y Tecnología Aeroportuarios S.A. (2) | 14398848 | 99.30% | 2289 | 75 | 2273 |
| Cargo & Logistics SA. | 1614687 | 98.63% |  |  |  |
| Paoletti América S.A. | 6000 | 50.00% | 1 |  | 1 |
| Texelrío S.A. | 84000 | 70.00% | 1968 | (99) | 1378 |
| Villalonga Furlong S.A (3) | 56852 | 1.46% | 3 |  |  |

---

(1) Companies based in Argentina.

(2) Includes adjustments under IFRS for the preparation and presentation of the corresponding Financial Statements.

(3) The Company directly and indirectly owns 98.53% of the capital stock and votes of this entity.

*3) Segment Information*

The Company is managed as a single unit, considering all airports as a whole. It does not evaluate the performance of the airports on a standalone basis. Therefore, for the purposes of segment information, there is only one business segment.

The Argentine National Government granted the Company the concession of the "A" Group airports of the National Airports System under the basis of "cross-subsidies": i.e., the income and funds generated by some of the airports should subsidize the liabilities and investments of the remaining airports, in order for all airports to be compliant with international standards as explained below.

All airports must comply with measures of operative efficiency which are independent from the revenues and funds they generate. All works performed must follow international standards established by the respective agencies (IATA, OACI, etc.).

Revenues of the company comprise non-aeronautical revenues and aeronautical revenues; the latter being the tariffs determined by the ORSNA and regulated on the basis of the review of the Financial Projection of Income and Expenses in order to verify and preserve the "equilibrium" of the variables on which it was originally based.

The investment decisions are assessed and made with the ORSNA based on the master plans of the airports considering the needs of each airport on the basis of expected passenger flow and air traffic, in the framework of the standards previously mentioned.

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 2 – ACCOUNTING POLICIES (Contd.)**

*4) Accounting policies*

The collection policies adopted for these interim financial statements are consistent with those used in the Individual Separate Financial Statements as of December 31, 2025.

*5) Changes in accounting policies and disclosures*

There were no additional changes in the Group's accounting policies based on the effective application standard issued by the IASB as of January 1, 2026.

*6) Estimates*

The preparation of financial statements in accordance with IFRS requires the use of estimates. It also requires management to exercise its judgment in the process of applying the Group accounting policies.

In the preparation of these, Separate Financial Statements the significant areas of judgement by management in the application of the Company's accounting policies and the main areas of assumptions and estimates are consistent to those applied in the Financial Statements for the year ended December 31, 2025.

*7) Foreign currency conversion and financial information in hyperinflationary economies*

*<u>Functional and presentation currency</u>*

The figures included in these financial statements were measured using their functional currency, that is, the currency of the primary economic environment in which the Company operates. The functional currency of the Company is the Argentine peso, which is the same as the presentation currency of these Separate Consolidated Interim Financial Statements.

IAS 29 "Financial information in hyperinflationary economies" requires that the financial statements of an entity whose functional currency is that of a hyperinflationary economy be expressed in terms of the current unit of measurement at the reporting date of the reporting period, regardless of whether they are based on the historical cost method or the current cost method. For this, in general terms, inflation produced from the date of acquisition or from the revaluation date, as applicable, must be computed in the non-monetary items.

These requirements also correspond to the comparative information of these Separate Consolidated Interim Financial Statements.

In order to conclude on whether an economy is categorized as hyperinflationary under the terms of IAS 29, the standard details a series of factors to be considered, including the existence of a cumulative inflation rate in three years that approximates or exceed 100%. Taking into account that the accumulated inflation rate of the last three years exceeds 100% and the rest of the indicators do not contradict the conclusion that Argentina should be considered as a hyperinflationary economy for accounting purposes, the Company

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 2 – ACCOUNTING POLICIES (Contd.)**

*7) Foreign currency conversion and financial information in hyperinflationary economies (Contd.)*

*<u>Functional and presentation currency (Contd.)</u>*

Management understands that there is sufficient evidence to conclude that Argentina is a hyperinflationary economy under the terms of IAS 29, as of July 1, 2018. It is for this reason that, in accordance with the NIC 29, these Separate Consolidated Financial Statements are restated reflecting the effects of inflation in accordance with the provisions of the standard.

In turn, Law No. 27,468 (BO 04/12/2018) amended Article 10 of Law No. 23,928 and its amendments, establishing that the repeal of all legal norms or regulations that establish or authorize indexation by prices, monetary update, variation of costs or any other form of repowering of debts, taxes, prices or rates of goods, works or services, does not include financial statements, in respect of which the provisions of the article 62 in fine of the General Law of Companies No. 19,550 (TO 1984) and its amendments will be applied. Also, the aforementioned legal body ordered the repeal of Decree No. 1269/2002 of July 16, 2002 and its amendments and delegated to the National Executive Power (PEN), through its controlling entities, to establish the date from the which the provisions cited in relation to the financial statements presented will have effect. Therefore, through its General Resolution 777/2018 (BO 28/12/2018), the National Securities Commission (NSC) established that issuers subject to its control should apply to the annual financial statements, for interim and special periods, that close as of December 31, 2018 inclusive, the method of restating financial statements in a homogeneous currency as established by IAS 29.

In accordance with IAS 29, the financial statements of an entity reporting in the currency of a hyperinflationary economy must be reported in terms of the unit of measurement in effect at the date of the financial statements. All amounts in the statement of financial position that are not indicated in terms of the current unit of measurement as of the date of the financial statements should be updated by applying a general price index. All the components of the income statement should be indicated in terms of the unit of measure updated as of the date of the financial statements, applying the change in the general price index that has occurred since the date on which the income and expenses were originally recognized in the financial statements.

The adjustment for inflation in the initial balances was calculated considering the indexes established by the FACPCE based on the price indexes published by the INDEC or an estimate thereof when, at the time of preparing the information, these were not available. As of March 31, 2026, the price index stood at 11,036.0643, with inflation for the three-month period of 9.0% and year-on-year inflation of 33.6%.

*<u>Inflation adjustment</u>*

In an inflationary period, any entity that maintains an excess of monetary assets over monetary liabilities will lose purchasing power, and any entity that maintains an excess of monetary liabilities over monetary assets will gain purchasing power, provided that such items are not subject to a mechanism of adjustment.

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 2 – ACCOUNTING POLICIES (Contd.)**

*7) Foreign currency conversion and financial information in hyperinflationary economies (Contd.)*

*<u>Inflation adjustment (Contd.)</u>*

Briefly, the re-expression mechanism of IAS 29 establishes that monetary assets and liabilities will not be restated since they are already expressed in the current unit of measurement at the end of the reporting period. Assets and liabilities subject to adjustments based on specific agreements will be adjusted in accordance with such agreements

The non-monetary items measured at their current values at the end of the reporting period, such as the net realization value or others, do not need to be re-expressed. The remaining non-monetary assets and liabilities will be re-expressed by a general price index. The loss or gain from the net monetary position will be included in the comprehensive net result of the reporting period, revealing this information in a separate line item.

The following is a summary of the methodology used for the preparation of these Condensed Consolidated Interim Financial Statements:

Non-monetary assets and liabilities: non-monetary assets and liabilities (property, plant and equipment, intangible assets, rights of use, deferred profits and additional allowances) updated by the adjustment coefficients corresponding to the date of acquisition or origin of each of them, as applicable. The income tax derived has been calculated based on the restated value of these assets and liabilities;

Monetary assets and liabilities, and monetary position result: monetary assets and liabilities, including balances in foreign currency, by their nature, are presented in terms of purchasing power as of March 31, 2026. The financial result generated by the net monetary position reflects the loss or gain that is obtained by maintaining an active or passive net monetary position in an inflationary period, respectively and is exposed in the line of RECPAM in the Statement of Comprehensive Income;

- Equity: the net equity accounts are expressed in constant currency as of March 31, 2026, applying the corresponding adjustment coefficients at their dates of contribution or origin;

Results: the items of the Individual Financial Statements have been restated based on the date on which they accrued or were incurred, with the exception of those associated with non-monetary items, which are presented as a function of the update of the non-monetary items to which they are associated, expressed in constant currency as of March 31, 2026, through the application of the relevant conversion factors.

The comparative figures have been adjusted for inflation following the same procedure explained in the preceding points.

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 2 – ACCOUNTING POLICIES (Contd.)**

*7) Foreign currency conversion and financial information in hyperinflationary economies (Contd.)*

*<u>Inflation adjustment (Contd.)</u>*

In the initial application of the adjustment for inflation, the equity accounts were restated as follows:

---

| |
|:---|
| The capital was restated from the date of subscription or from the date of the last adjustment for accounting inflation, whichever happened later. The resulting amount was incorporated into the "Capital adjustment" account. |
| The other result reserves were not restated in the initial application. |

---

With respect to the evolution notes of non-monetary items for the year, the balance at the beginning includes the adjustment for inflation derived from expressing the initial balance to the currency of current purchasing power.

*<u>Transactions and balances</u>*

Transactions in foreign currency are translated into the functional currency using the exchange rates prevailing at the transaction dates (or valuation where items are re-measured).

Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end of the assets and liabilities denominated in foreign currency are recognized in the statement of comprehensive income.

Foreign exchange gains and losses are shown in "Finance Income" and/or "Finance Expense" of the comprehensive statement of income.

Exchange rates used are the following: buying currency rate for monetary assets and selling currency rate for monetary liabilities, applicable at year-end according to BNA and at the foreign currency exchange banknote rate applicable at the transaction date.

*8) Contingencies*

The Company has contingent liabilities for legal claims related to the normal course of business. It is not expected that any significant liabilities other than those provisioned will arise from contingent liabilities.

*9) Income tax and Deferred tax - Tax revalued - Tax inflation adjustment*

The income tax income in the three-month period ended at March 31, 2026 was a loss of $61,776 million.

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 2 – ACCOUNTING POLICIES (Contd.)**

*9) Income tax and Deferred tax - Tax revalued - Tax inflation adjustment (Contd.)*

In order to determine the taxable net result at the end of this period, the adjustment for inflation determined in accordance with articles N ° 95 to N ° 98 of the income tax law was incorporated to the tax result, for $55,187 million, because as of March 31, 2026, the variation of the CPI for the period of 36 months at the end of fiscal year 2026 will exceed 100%.

**NOTE 3 - SALES INCOME**

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Air station use rate | 221429 | 195799 |
| Landing fee | 18282 | 15071 |
| Parking fee | 6024 | 5606 |
| **Total aeronautical income** | **245735** | **216476** |
| **Total non-aeronautical income** | **146757** | **136060** |
| **Total** | **392492** | **352536** |

---

As of March 31, 2026 and 2025, "over the time" income from contracts with customers for the three-month periods was $331,929 million and $296,392 million, respectively.

**NOTE 4 - COSTS OF SALES, ADMINISTRATIVE, DISTRIBUTION, AND SELLING EXPENSES**

***4.1. Sales Cost***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Specific allocation of income | 57881 | 52131 |
| Airport services and maintenance | 50817 | 51166 |
| Amortization of intangible assets | 53176 | 48689 |
| Salaries and social charges | 57551 | 55818 |
| Fee | 980 | 2801 |
| Utilities and fees | 7376 | 7597 |
| Taxes | 2005 | 1774 |
| Office expenses | 4591 | 5294 |
| Insurance | 9 | 20 |
| Others | 2027 | 20 |
| Depreciation rights of use | 1254 | 864 |
| **Total** | **237667** | **226174** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 4 - COSTS OF SALES, ADMINISTRATIVE, DISTRIBUTION, AND SELLING EXPENSES (Contd.)**

***4.2. Distribution and marketing expenses***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Airport services and maintenance | 147 |  |
| Amortization of intangible assets | 239 | 138 |
| Salaries and social charges | 2035 | 1142 |
| Fees | 432 | 224 |
| Utilities and fees | 5 | 3 |
| Taxes | 18942 | 16887 |
| Office expenses | 141 | 163 |
| Insurance | 3 |  |
| Advertising | 1563 | 557 |
| Provision for bad debts | 698 | 1625 |
| **Total** | **24205** | **20739** |

---

***4.3. Administrative expenses***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Airport services and maintenance | 284 | 343 |
| Amortization of intangible assets | 1235 | 1323 |
| Salaries and social charges | 12261 | 9562 |
| Fee | 1212 | 1125 |
| Public services and fees | 75 |  |
| Taxes | 2256 | 2434 |
| Office expenses | 2344 | 2266 |
| Insurance | 780 | 804 |
| Fees to the Board of Directors and the Supervisory Committee | 249 | 203 |
| Other | 165 | - |
| **Total** | **20861** | **18060** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 5 - OTHER ITEMS OF THE COMPREHENSIVE INCOME STATEMENT**

***5.1 Other net incomes and expenses***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Trust for Strengthening | 9647 | 8689 |
| Other | (741) | (5613) |
| **Total** | **8906** | **3076** |

---

***5.2. Finance Income***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Interest | 4212 | 7906 |
| Foreign Exchange differences | (39855) | (9856) |
| **Total** | **(35643)** | **(1950)** |

---

5.3 Finance Expenses

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Interest | (14874) | (17729) |
| Foreign Exchange differences | 121422 | 27427 |
| **Total** | **106548** | **9698** |

---

***5.4 Income Tax***

---

| | | |
|:---|:---|:---|
|  | **Three months at** | **Three months at** |
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Current | (34192) |  |
| Deferred | (27584) | (38065) |
| **Total** | **(61776)** | **(38065)** |

---

**NOTE 6 - INVESTMENTS ACCOUNTED FOR BY THE EQUITY METHOD**

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| **Initial balance** | **3676** | **2091** |
| Income from investments accounted for by the equity method | (24) | 13 |
| **Balance at March 31** | **3652** | **2104** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 7 - INTANGIBLE ASSETS**

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **03.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Original values: |  |  |  |
| **Initial Balance** |  | **4891690** | **4704696** |
| Acquisitions of the period |  | 31353 | 28978 |
| Declines of the period |  | - | (8507) |
| **Balance at March 31** |  | **4923043** | **4725167** |
| Accumulated Amortization: |  |  |  |
| **Initial Balance** |  | **(2095603)** | **(1895459)** |
| Amortizations of the period | 4 | (54650) | (50150) |
| Declines of the period |  | - | 3470 |
| **Balance at March 31** |  | **(2150253)** | **(1942139)** |
| **Net balance at March 31** |  | **2772790** | **2783028** |

---

**NOTE 8 - FINANCIAL DEBTS**

***8.1 Changes in financial debt:***

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **03.31.2025** |
|  | **Millions of $** | **Millions of $** |
| **Initial Balance** | **846479** | **921728** |
| New financial debts | 322 | 136 |
| Financial debts paid | (44327) | (67238) |
| Accrued interest | 13866 | 16776 |
| Foreign Exchange differences | (106484) | (29263) |
| Inflation adjustment | 72 | 109 |
| **Total Net Balance at March 31** | **709928** | **842248** |

---

***8.2 Breakdown of financial debt***

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **12.31.2025** |
|  | **Millions of $** | **Millions of $** |
| **Non-current Financial Debts** |  |  |
| Negotiable Obligations | 592195 | 714040 |
| Cost of issuance of NO | (489) | (578) |
|  | **591706** | **713462** |
| **Current Financial Debts** |  |  |
| Negotiable Obligations | 118485 | 133343 |
| Cost of issuance of NO | (263) | (326) |
|  | **118222** | **133017** |
|  | **709928** | **846479** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 8 - FINANCIAL DEBTS (Contd.)**

As of March 31, 2026 and December 31, 2025, the fair value of the financial debt amounts to $701,360 million and $826,877 million, respectively. Said valuation method is classified according to IFRS 13 as hierarchy of fair value Level 2 (unadjusted quoted prices in active markets for identical assets or liabilities).

These Separate Condensed Interim Financial Statements do not include all the information and disclosure on financial debt management required in the annual financial statements, so they must be read together with the audited Separate Financial Statements as of December 31, 2025.

***8.3 Negotiable Obligations***

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Class** | **Start** | **Maturity** | **Interest** | **Currency** | **Initial<br> Capital** | **Capital in U$S<br> at 03.31.2026** | **Capital in U$S<br> at 12.31.2025** |
| Guaranteed with Maturity in 2027 <sup>(1)(2)</sup> | 02.2017 | 02.2027 | 6.875% | U$S | 400.0 | 5.0 | 6.3 |
| Class I Series 2020 <sup>(1)(2)(3)</sup> | 04.2020 | 02.2027 | 6.875%<sup>(5)</sup> | U$S | 306.0 | 18.0 | 22.6 |
| Class I Series 2021 - Additional <sup>(1) (2) (3)</sup> | 10.2021 | 08.2031 | 8.500% | U$S | 272.9 | 268.8 | 272.9 |
| Class IV <sup>(2) (3)</sup> | 11.2021 | 11.2028 | 9.500% | U$S | 62.0 | 48.2 | 51.0 |
| Class V <sup>(3)</sup> | 02.2022 | 02.2032 | 5.500% | U$S<sup>(6)</sup> | 138.0 | 138.0 | 138.0 |
| Class IX <sup>(3)</sup> | 08.2022<sup>(4)</sup> | 08.2026 | 0.000% | U$S<sup>(6)</sup> | 32.7 | 15.3 | 22.9 |
| Class XI <sup>(3)</sup> | 12.2024 | 12.2026 | 5.500% | U$S<sup>(7)</sup> | 28.8 | 28.8 | 28.8 |

---

(1) These NOs are guaranteed in the first degree with the international and regional airport use rates and the rights to compensation of the concession, and in the second degree, with the income assigned from the cargo terminal.

(2) Corresponds to NOs issued under US legislation, from the state of New York.

(3) Issued under the Global Program for the issuance of Negotiable Obligations approved by the NSC on 04.12.2020.

(4) On 07/2023, an additional amount was issued for US$2.7 million, with the same conditions as the original issue.

(5) During the PIK Period (until 05.01.2021) the interest rate was 9.375% per year, period in which the amount of interest was capitalized quarterly. After said period, the interest rate of the NOs is applied.

(6) The reference NOs are denominated in United States Dollars but payable in Argentine Pesos at the BCRA Communication Reference "A" 3500 exchange rate.

(7) The reference ONs are nominated and payable in US dollars.

The main covenants of the international NOs require compliance with certain financial ratios, as well as the restriction of incurring additional debt and limitations on the payment of dividends if any breach has occurred. As of March 31, 2026, the Company complies with financial covenants.

As of March 31, 2026, the Company holds Class IX Bonds in its portfolio totaling U$S9.8 million.

As of March 31, 2026, the Company has fully deployed the proceeds from the Class XI and is in the process of completing the certification of the use of such proceeds.

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THE SEPARATE STATEMENTS OF FINANCIAL POSITION**

***9.1 Other receivables***

***9.1.2 Other current receivables***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Trust for Strengthening | 10.1 | 68268 | 68541 |
| Others |  | 587 | 1244 |
| **Total** |  | **68855** | **69785** |

---

***9.1.2 Other current receivables***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Expenses to be recovered |  | 4644 | 5853 |
| Related parties | 10.1 | 928 | 870 |
| Tax credits |  | 8504 | 17070 |
| Prepaid Insurance |  | 3390 | 4390 |
| Others |  | 2 | 8 |
| **Total** |  | **17468** | **28191** |

---

***9.2 Trade receivables***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Trade receivables |  | 153018 | 173624 |
| Related parties | 10.1 | 448 | 1154 |
| Checks-postdated checks |  | 3210 | 3996 |
| Subtotal sales credits |  | 156676 | 178774 |
| Provision for bad debts |  | (18157) | (20580) |
| **Total** |  | **138519** | **158194** |

---

***9.2.1 Changes in Bad Debt Provisions***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| **Initial balance** |  | **20580** | **13418** |
| Increases of the period | 4.2 | 698 | 1625 |
| Foreign exchange difference |  | (1405) | 115 |
| Applications of the period |  |  | (956) |
| Inflation adjustment |  | (1716) | (964) |
| **Bad Debts provisions at March 31** |  | **18157** | **13238** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THE SEPARATE STATEMENTS OF FINANCIAL POSITION (Contd.)**

***9.3 Investments***

***9.3.1 Non-current investments***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Negotiable obligations |  | 61586 | 58592 |
| Negotiable obligations of related companies | 10.1 |  | 2719 |
| Other financial assets |  | 9477 | - |
| **Total** |  | **71063** | **61311** |

---

***9.3.2 Current investments***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Other financial assets |  | 7340 | 18925 |
| Negotiable obligations of related companies | 10.1 | 2368 |  |
| Negotiable bonds |  | 70220 | 77752 |
| **Total** |  | **79928** | **96677** |

---

***9.4 Cash and cash equivalents***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Cash and funds in custody |  | 118 | 138 |
| Banks | 13 | 13014 | 17197 |
| Checks not yet deposited |  | 1295 | 652 |
| Term deposits and others |  | 100646 | 82076 |
| **Total** |  | **115073** | **100063** |

---

***9.5 Commercial accounts payable and other***

***9.5.1 Commercial Accounts payable and other non-current***

---

| | | |
|:---|:---|:---|
|  | **03.31.2026** | **12.31.2025** |
|  | **Millions of $** | **Millions of $** |
| Suppliers | 937 | 1160 |
| **Total** | **937** | **1160** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THE SEPARATE STATEMENTS OF FINANCIAL POSITION (Contd.)**

***9.5.2 Commercial accounts payable and other current***

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Suppliers |  | 51543 | 79643 |
| Foreign suppliers |  | 7313 | 9575 |
| Debts with Related Parties | 10.1 | 10384 | 10221 |
| Salaries and social security liabilities |  | 48734 | 57068 |
| Other fiscal debts |  | 14694 | 8427 |
| **Total** |  | **132668** | **164934** |

---

**NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATED PARTIES**

***10.1 Balances with other related parties***

Balances with other related companies at March 31, 2026 and December 31, 2025 are as follows:

---

| | | |
|:---|:---|:---|
| | **03.31.2026** | **12.31.2025** |
| <br>**Other receivables** | **Millions of $** | **Millions of $** |
| Other related companies | 928 | 870 |
| **Total** | **928** | **870** |

---

---

| | | |
|:---|:---|:---|
| | **03.31.2026** | **12.31.2025** |
| <br>**Trade receivables** | **Millions of $** | **Millions of $** |
| Other related companies | 448 | 1154 |
| **Total** | **448** | **1154** |

---

---

| | | |
|:---|:---|:---|
| | **03.31.2026** | **12.31.2025** |
| <br>**Investments** | **Millions of $** | **Millions of $** |
| Other related companies - non current |  | 2719 |
| Other related companies - current | 2368 | - |
| **Total** | **2368** | **2719** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATED PARTIES (Contd.)**

***10.1 Balances with other related parties (Contd.)***

---

| | | |
|:---|:---|:---|
| | **03.31.2026** | **12.31.2025** |
| <br>**Accounts payable and other** | **Millions of $** | **Millions of $** |
| Servicios y Tecnología Aeroportuarios S.A. | 23 | 7 |
| Texelrio S.A. | 1185 | 1433 |
| Other related companies | 9176 | 8781 |
| **Total** | **10384** | **10221** |

---

---

| | | |
|:---|:---|:---|
| | **03.31.2026** | **12.31.2025** |
| <br>**Provisions and other charges** | **Millions of $** | **Millions of $** |
| Corporación América S.A.U. – Dividends to be paid |  | 17307 |
| Corporación América Sudamericana S.A. – Dividends to be paid | 44098 | 70797 |
| **Total** | **44098** | **88104** |

---

The balances with the Argentine National State as of March 31, 2026, and December 31, 2025, are as follows:

---

| | | | |
|:---|:---|:---|:---|
|  | | **03.31.2026** | **12.31.2025** |
|  | <br>**Note** | **Millions of $** | **Millions of $** |
| Debt - Specific Allocation of Income |  | 18067 | 20394 |
| **Credit** - Strengthening Trust <sup>(1)</sup> |  | 68268 | 68541 |

---

(1) To fund the investment commitments of the Company.

***10.2 Operations with related parties***

Transactions with related parties during the three-month periods ended March 31, 2026 and 2025 are as follows:

With Proden S.A. for office rental and maintenance, the Company has allocated $1,766 million and $1,308 million, respectively.

With Texelrío S.A. For maintenance at the airports, the Company has allocated $2,761 million and $2,336 million to the cost, respectively.

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATED PARTIES (Contd.)**

***10.3 Other information about related parties***

The Company has allocated to the cost $2,330 million and $2,566 million, respectively, with Grass Master S.A.U. for airport maintenance.

With Tratamientos Integrales América S.A.U for airport maintenance, the Company has allocated $936 million and $870 million to the cost, respectively.

The Company has allocated to the cost $686 million and $733 million, respectively, with Servicios Integrales América S.A. by out sourcing of systems and technology.

With Compañía de Infraestructura y Construcción S.A. for maintenance at airports, the Company has allocated $4,564 million and $2,360 million, respectively.

With Servicios Aereos Sudamericanos S.A. for aeronautical services, the Company has allocated $658 million and $437 million to the cost, respectively.

The Company has recorded commercial income of $585 million and $530 million with Duty Paid S.A., respectively.

Furthermore, short-term compensation to key management was $3,724 million and $661 million for the three-month periods ended at March 31, 2026 and 2025, respectively.

Corporación America S.A. is the direct owner of 45.90% of the common shares of the Company, and an indirect owner through Corporación America Sudamericana S.A of 29.75% of the common shares of the Company, therefore is the immediate controlling entity of the Company.

Corporación America S.A. is controlled by Cedicor S.A., owner of 100% of its capital stock. Cedicor is, in turn, the direct holder of 9.35% of the shares with voting rights of the Company. Cedicor S.A., is 100% controlled by American International Airports LLC, which is in turn 100% controlled by Corporación América Airports S.A.

The ultimate beneficiary of the Company is Southern Cone Foundation. Its purpose is to manage its assets through decisions adopted by its independent Board of Directors. The potential beneficiaries are members of the Eurnekian family and religious, charitable and educational institutions.

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 11 – PROVISIONS AND OTHER CHARGES**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Note** | **At 01.01.26** | **Increases /<br> (Recovery)** | **Decreases** | **Inflation<br> Adjustment** | **Accruals** | **Exchange <br> rate<br> differences** | **At <br> 03.31.2026** | **Total Non<br> Current** | **Total<br> Current** |
|  |  | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | | |
| Litigations |  | 4975 | (564) | (580) | (336) | (43) | (86) | 3366 |  | 3366 |
| Deferred Income |  | 10124 | 7109 |  | (89) | (5592) | 22 | 11574 | 1501 | 10073 |
| Guarantees Received |  | 4760 | 463 | (650) | (368) |  | (207) | 3998 |  | 3998 |
| Upfront fees from concessionaires |  | 5755 | 879 |  |  | (1220) |  | 5414 | 2127 | 3287 |
| Dividends to be paid | 10 | 88104 |  | (35475) | (5984) |  | (2547) | 44098 |  | 44098 |
| Others |  | 886 | 777 | - | (485) | 10 | (27) | 1161 | - | 1161 |
| **Total 2026** |  | **114604** | **8664** | **(36705)** | **(7262)** | **(6845)** | **(2845)** | **69611** | **3628** | **65983** |

---

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | **At 01.01.25** | **Increases /<br> (Recovery)** | **Decreases** | **Inflation<br> Adjustment** | **Accruals** | **Exchange<br> rate<br> differences** | **At <br> 03.31.2025** | **Total Non<br> Current** | **Total Current** |
|  |  | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | **Millions of $** | | |
| Litigations |  | 4821 | 250 | (530) | (337) | 15 | 116 | 4335 | 1047 | 3288 |
| Deferred Income |  | 19646 | 1432 |  | (556) | (6061) | 437 | 14898 | 3311 | 11587 |
| Guarantees Received |  | 3029 | (52) | 331 | (228) |  | 490 | 3570 |  | 3570 |
| Upfront fees from concessionaires |  | 7475 | 934 |  |  | (1057) |  | 7352 | 3946 | 3406 |
| Dividends to be paid | 10.0 | 37230 |  | (36781) | (1843) |  | 1394 |  |  |  |
| Others |  | 2001 | 1 | - | (142) | 36 | 81 | 1977 | 481 | 1496 |
| **Total 2025** |  | **74202** | **2565** | **(36980)** | **(3106)** | **(7067)** | **2518** | **32132** | **8785** | **23347** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 12 - FOREIGN CURRENCY ASSETS AND LIABILITIES**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Item** | **Foreign currency type <br> and amount at <br> 03.31.2026** | **Foreign currency type <br> and amount at <br> 03.31.2026** | **Foreign <br> exchange <br> rates** | **Amount in local<br> currency at<br> 03.31.2026** | **Amount in <br> local currency <br> at 12.31.2025** |
| **Assets** |  |  | | | |
| **Current Assets** |  |  |  |  |  |
| Cash and cash equivalents | U$S | 43 | 1373 | 59206 | 57972 |
| Net trade receivables | U$S | 74 | 1373 | 101489 | 112390 |
| Investments | U$S | 53 | 1373 | 72589 | 96677 |
| Other receivables | U$S | 1 | 1373 | 1854 | - |
| **Total current assets** |  |  |  | **235138** | **267039** |
| **Non-Current Assets** |  |  |  |  |  |
| Other receivables | U$S | 0 | 1373 | 154 |  |
| Investments | U$S | 45 | 1373 | 61586 | 61311 |
| **Total Non-Current Assets** |  |  |  | **61740** | **61311** |
| **Total assets** |  |  |  | **296878** | **328350** |
| **Liabilities** |  |  |  |  |  |
| **Current Liabilities** |  |  |  |  |  |
| Provisions and other charges | U$S | 37 | 1382 | 51523 | 97039 |
| Financial debts | U$S | 86 | 1382 | 118484 | 133343 |
| Lease liabilities | U$S | 2 | 1382 | 3070 | 4829 |
| Commercial accounts payable and others | U$S | 22 | 1382 | 30202 | 45547 |
|  | EUR | 1 | 1598.28 | 1987 | 4192 |
|  | GBP | 0 | 1834.05 |  | 10 |
|  | CAD | 0 | 993.07 | 94 | 51 |
| **Total current liabilities** |  |  |  | **205360** | **285011** |
| **Non-Current Liabilities** |  |  |  |  |  |
| Provisions and other charges | U$S |  | 1382 |  | 602 |
| Financial debts | U$S | 429 | 1382 | 592195 | 714039 |
| Lease liabilities | U$S | 0 | 1382 | 294 | 410 |
| Commercial accounts payable and others | U$S | 1 | 1382 | 937 | 1160 |
| **Total non-current liabilities** |  |  |  | **593426** | **716211** |
| **Total liabilities** |  |  |  | **798786** | **1001222** |
| **Net liability position** |  |  |  | **501908** | **672872** |

---

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 13 – OTHER RESTRICTED ASSETS**

In addition to what is set forth in notes 1 and 6, within current assets as of March 31, 2026 and December 31, 2025, under the heading of Cash and cash equivalents, balances are maintained in bank accounts specifically allocated for the settlement of negotiable obligations Series 2021 and Class IV for $8,020 million and $7,812 million, respectively.

**NOTE 14 - CAPITAL STOCK**

At March 31, 2026 capital stock is as follows:

---

| | |
|:---|:---|
|  | **Par Value** |
|  | **$** |
| Paid-in and subscribed | 258517299 |
| Registered with the Public Registry of Commerce | 258517299 |

---

The Company's capital stock is comprised of 258,517,299 common shares of $1 par value and entitled to one vote per share.

**NOTE 15 - RESOLUTION OF THE ORDINARY GENERAL MEETINGS, SPECIAL MEETINGS OF CLASS A, B, C AND D AND SPECIAL MEETINGS OF PREFERRED SHARES OF AEROPUERTOS ARGENTINA 2000 S.A. (presented in $ in currency as of the date of the meetings)**

At the ordinary and special general meeting of classes A, B, C, and D held on April 29, 2025, it was resolved:

(i) to restate the positive result for the fiscal year, which as of December 31, 2024, amounted to the
general CPI index accumulated through March, resulting in an adjusted result of $316,986,187,842;

(ii) that the restated result be used to establish an optional reserve for the execution of future works plans
and for the payment of future dividends, if applicable.

At the Ordinary and Special General Meeting of Classes A, B, C, and D held on April 15, 2026, the following resolutions were adopted:

(i) to restate the positive result for the fiscal year ending December 31, 2025, which amounted to $229,476,503,399, based on the
accumulated General Consumer Price Index through March;

(ii) that the restated result be allocated to the creation of an optional reserve for the execution of future
construction projects and, if applicable, for the payment of future dividends.

![](tm2614265d1_ex99-1img002.jpg)

**Notes to the Separate Condensed Interim Financial Statements**

At March 31, 2026 presented in comparative format (Cont.)

**NOTE 16 – EARNINGS PER SHARE**

Relevant information for the calculation per share:

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| | | |
|:---|:---|:---|
|  | **03.31.2026** | **03.31.2025** |
| Income for the period (in millions of $) | 121827 | 57397 |
| Amount of ordinary shares (millions) | 259 | 259 |
| Earnings per shares ($ per share) | 470.3745 | 221.6100 |

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**NOTE 17 - FINANCIAL RISK MANAGEMENT**

The Company's activity is exposed to various financial risks: market risk (including exchange rate risk, interest rate fair value risk and price risk), credit risk and liquidity risk.

These Separate Condensed Interim Financial Statements must be read in light of the economic context in which the Company operates, which was disclosed in the annual Separate Financial Statements in note 20. Inflation for the first three months of 2026 and the year-over-year inflation rate are shown in Note 3. The quarterly devaluation was 5.0%.

As of the date of these financial statements, there were no significant changes in exposure to market risk, foreign exchange risk, interest rate risk, credit risk, or liquidity risk compared to what was reported in the annual financial statements closed as of December 31, 2025.

**NOTA 18 - EVENTS SUBSEQUENT TO THE END OF THE PERIOD**

No events and/or transactions have occurred since the end of the period that could significantly affect the Company's financial and equity situation.

**Review Report on Separate Condensed Interim Financial Statements**

To the Shareholders, President and Directors of

Aeropuertos Argentina 2000 S.A.

Legal address: Honduras 5663

Autonomous City of Buenos Aires

CUIT N° 30-69617058-0

**Report on separate condensed interim financial statements**

**Introduction**

We have reviewed the accompanying separate condensed interim financial statements of Aeropuertos Argentina 2000 S.A. (hereinafter "the Company") comprising the separate statement of financial position as of March 31, 2026, the separate statements of comprehensive income, changes in equity and cash flows for the three-month period ended March 31, 2026 and selected explanatory notes.

**Responsibilities of the Board of Directors**

The board of Directors is responsible for the preparation and presentation of these separate condensed interim financial statements in accordance with IFRS Accounting Standards and is therefore responsible for the preparation and presentation of the condensed interim financial statements mentioned in the first paragraph, in accordance with International Accounting Standard 34 (IAS 34).

**Scope of review**

We conducted our review in accordance with International Standard on Review Engagements 2410, 'Review of interim financial information performed by the independent auditor of the entity', adopted as a review standard in Argentina by FACPCE Technical Resolution No. 33 as approved by the Standards Council International Audit and Assurance Organizations (IAASB). A review of separate condensed interim financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

**Conclusion**

Based on our review, nothing has come to our attention that causes us to believe that the accompanying separate condensed interim financial statements is not prepared, in all material respects, in accordance with IAS 34.

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| | |
|:---|:---|
| **www.pwc.com.ar** | Price Waterhouse & Co. S.R.L. Bouchard 557, 8th floor, C1106ABG<br> Ciudad Autónoma de Buenos Aires, Argentina, T: +(54.11) 4850.0000 |

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**Report on compliance with current provisions**

In compliance with current provisions, we inform, with respect to Aeropuertos Argentina 2000 S.A., that:

a) the separate condensed interim financial statements of Aeropuertos Argentina 2000 S.A. are pending to be transcribed in the Inventory
and Balance Sheets;

b) the separate condensed interim financial statements of Aeropuertos Argentina 2000 S.A. arise from accounting records kept in their
formal aspects in accordance with legal regulations;

c) as of March 31, 2026, the debt accrued in favor of the Argentine Integrated Pension System of Aeropuertos Argentina 2000 S.A.
arising from the Company's accounting records amounted to $9,585,390,467, which was not payable on that date.

Autonomous City of Buenos Aires, May 8, 2026.

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| |
|:---|
| PRICE WATERHOUSE & CO. S.R.L. |
| by (Partner) |
| Juan Manuel Gallego Tinto |

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**<u>SURVEILLANCE COMMITTEE REPORT</u>**

To the shareholders of

**AEROPUERTOS ARGENTINA 2000 S.A.**

In accordance with the requirements of the Article 294 Subsection 5º of Act No. 19,550 and the Article 63 Subsection b) of the BYMA Regulations (Argentine Stock and Market), we have conducted the review described in the third paragraph regarding the separate condensed interim financial statements of Aeropuertos Argentina 2000 S.A. (the "<u>Compan</u>y"), including the separate statement of financial position as of March 31, 2026, the separate statements of comprehensive income, changes in equity and cash flows for the three-month period ended March 31, 2026, and selected explanatory notes.

The Board of Directors of the Company is responsible for the preparation and issuance of said financial statements, in exercise of its specific functions.

Our review was conducted in accordance with the supervisory existing standards. These standards require the verification of the consistency of the revised documents with the information on the corporate decisions established in minutes and the adequacy of those decisions to the law and the by-laws regarding its formal and documentary aspects.

In order to carry out our professional work, we have taken into account the limited review report of the external auditor, Juan Manuel Gallego Tinto (partner of Price Waterhouse & Co. SRL), dated May 8, 2026, who states that it has been issued in accordance with the International Standards for Review Engagements NIER 2410 "Review of interim financial information developed by the entity's independent auditor", which were adopted as review standards in Argentina by Technique Resolution No. 33 of the Argentine Federation of Professional Councils in Economic Sciences (FACPCE) as approved by the International Auditing and Assurance Standards Board (IAASB).

As stated in the section "Board Responsibility" of the external auditor's report, the Board of Directors of the Company is responsible for the preparation and presentation of the abovementioned financial statements, in accordance with International Financial Reporting Standards (IFRS), as approved by the International Accounting Standard Board (IASB). The Board of Directors of the Company is responsible for the preparation and issuance of said financial statements, according to the International Accounting Standard 34 "Interim Financial Reporting" (IAS 34).

We have not carried out any management control and, therefore, we have not evaluated the criteria and business decisions of administration, financing, marketing, or production, since these issues are the sole responsibility of the Board of Directors.

Based on our review, with the scope described above, we hereby inform that: (i) separate condensed interim financial statements of the Company as of March 31, 2026 consider all significant events and circumstances that are known to us; (ii) said financial statements arise from the accounting records kept in their formal aspects in accordance with legal regulations, except for the fact that they are pending to be copied in the "Inventory and Balance Sheets" book; and (iii) regarding said documents we have no other observations to make.

In exercise of our legal supervision duties, during the period under review, we performed the procedures set forth in Article 294 of Act No. 19,550 that we consider necessary in accordance with the circumstances, and in this respect, we have no observations to make.

Autonomous City of Buenos Aires, May 8, 2026.

TOMÁS M. ARAYA

By Surveillance Committee