Aeroporto Guglielmo Marconi di Bologna S p A : Consolidated H1 2021 Results

H1 2021 RESULTS

BOLOGNA, SEPTEMBER 6TH 2021

HIGHLIGHTS

H1 2021

FINANCIALS

2021 KEY UPDATES

GROUP HIGHLIGHTS

2	AEROPORTO G. MARCONI DI BOLOGNA S.p.A.

HIGHLIGHTS

H1 2021 FINANCIALS

2021 KEY UPDATES

EUROPEAN TRAFFIC TREND IN H1 2021

Other (non-EU): Airport Passenger Traffic

According to ACI Europe, during the first six months of 2021 passenger traffic in Europe declined by 78% compared to 2019 and by 39% compared to 2020, with an overall loss of more than 870 and 150 million passengers respectively.

Also in the first half of 2021 the airports of the EU area were affected to a greater extent by the effects of the pandemic than non-EU airports: once again the better performance of the domestic component appears to be decisive (with

1. good performance in non-EU countries, especially Turkey and Russia) compared to the international one.

3	Source: ACI Europe. The sample considered represents 86% of European traffic as a whole.

AEROPORTO G. MARCONI DI BOLOGNA S.p.A.

TRAFFIC TREND OF MAIN ITALIAN AIRPORTS IN H1 2021

2.8M Pax

2.1M Pax

1.4M Pax

1.2M Pax

1.1M Pax

1.0M Pax

0.8M Pax

0.7M Pax

0.7M Pax

0.3M Pax

	3.000.000																									-60%
																									-65%
	2.500.000														(67,6%)
						(69,3%)
	2.000.000									(72,4%)																-70%
HIGHLIGHTS
1.500.000																					TRAFFIC IN ITALY:
																					-81.6% vs. H1 2019
H1 2021
				(83,1%)												(82,6%)
FINANCIALS	1.000.000		(86,2%)																		(85,8%)
																(87,7%)				-85%
											(82,6%)
2021																						(89,1%)
KEY UPDATES	500.000																									-90%
	0																									-95%
	Rome FCO Milan MXP	Catania		Milan LIN	Bergamo		Palermo		Bologna	Venice		Naples	Rome CIA
									Domestic Pax		International Pax	Var% 2021-2019

In June Italian air traffic showed a good recovery compared to the same month of 2020, still strongly affected by the restrictive measures imposed by the Italian Government. However, the total number of passengers in the first half is still significantly lower both compared to 2019 (-81.6%) and to 2020 (-39%), albeit with a positive performance by the domestic component.

Overall, during the first half of the year the domestic component of traffic recorded an increase compared vs H1 2020 (+6%), with some airports that, thanks to the high incidence of national traffic, exceeded the total passengers of H1 2020 (Catania and Palermo) and with other operators that have increased their domestic passengers by over 40% (Venice and Milan Linate).

International traffic, on the other hand, still pays the consequences of the restrictions imposed to limit the spread of the virus, measures that were only relaxed with the beginning of Summer: in fact, a slight recovery in non-domestic traffic could already be observed starting from June.

In the first 6 months of 2021, Bologna is the seventh Italian airport with a market share of 4.7%.

4	Source: Assaeroporti.	AEROPORTO G. MARCONI DI BOLOGNA S.p.A.

HIGHLIGHTS

H1 2021 FINANCIALS

2021 KEY UPDATES

BLQ TRAFFIC PERFORMANCE DURING H1 2021

In the first half of the year, total passengers were 773,620 (-46.1%on the same period of 2020 and -82.6%compared to H1 2019), with 11,012 movements (respectively -27.2% and -70.4%) and 23,820 tons

of goods transported (respectively + 19.2% and -4.3%).

	-82.6% vs H1 2019
	-46.1% vs H1 2020
-89.3% vs Q1 2019	-77.3% vs Q2 2019
-84.9% vs Q1 2020	+1.321% +523 thousand passengers vs Q2 2020

35.000

30.000

25.000

20.000

15.000

10.000

5.000

0

Pax 2020		Pax 2021

5	NOTE: Figures include interlining passengers and exclude general aviation traffic.

AEROPORTO G. MARCONI DI BOLOGNA S.p.A.