Grupo Aeroportuario Del Sureste Sab De Cv Class B · BMV:ASUR/B
Grupo Aeroportuario Del Sureste Sab De Cv Class B — Investor Presentation (September 2025)
34 slides from Grupo Aeroportuario Del Sureste Sab De Cv Class B's investor presentation, September 2025
Slide 1: Aeropuertos del Sureste – Cancun International Airport
AEROPUERTOS DEL SURESTE wort? Cancun International Airport
Slide 2: Forward-looking statements disclaimer
Some of the statements contained in this presentation discuss future Company Overview expectations or state other forward-looking information. Those statements are subject to risks identified in this press release and in ASUR’s filings with the SEC. Regulation Actual developments could differ signif
Slide 3: Long Serving Experienced Management
Long Serving Fernando Chico Pardo Adolfo Castro Rivas Experienced Chairman of the Board of Directors Chief Executive and Financial Officer Management Head of Investor Relations Company with company since 2005 with company since 2000 Overview Claudio Góngora Morales Alejandro Pantoja López Regulation
Slide 4: Key value drivers
Key value drivers Company Overview • Long-term concession investments in attractive locations in Mexico, the Caribbean and South America Regulation • Track record of consistent passenger growth Operational Information • Balanced mix of international and domestic traffic Commercial Revenues • Success
Slide 5: Continuous commitment to implement ESG Best Practices
Continuous commitment to implement ESG Best Practices Company Overview Energy and climate change Welfare of our workforce Good corporate governance and fair business practice Permanent program to monitor emissions (scopes 1, 2 & 3) Health and safety: promotion of health and safety Board of Dir
Slide 6: Commitment to sustainability aligned with 2030 Agenda
For many years now, our commitment to sustainability Active participant of United Nations Global Compact, in has been aligned with the 2030 Agenda and the Mexico and internationally Sustainable Development Goals of the United Nations. Certified by CEMEFI as Socially Responsible Company (17th year) A
Slide 7: Geographical presence: 16 airports
Annual % 2023 2024 Change Total PAX 70.6 71.3 1.1 Domestic PAX 44.1 44.5 0.9 International PAX 26.4 26.8 1.4 Geographical Accumulated Jan - Sep % 2024 2025 Change presence Total PAX 53.6 53.7 0.1 Domestic PAX 33.2 33.5 1.0 16 airports International PAX 20.4 20.1 (1.2) Company Overview Regulation Ope
Slide 8: Illustrative flight times from various destinations
Illustrative flight times from various Company destinations Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International Page 8
Slide 9: Only Latin American Airport Groups listed on NYSE
ASUR, GAP and Corporación America are the only Latin American Airport Groups listed on NYSE Company Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International Page 9
Slide 10: Fernando Chico Pardo & Grupo ADO
Fernando Chico Pardo & Grupo ADO Company Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International * Aggregate Amount Beneficially Owned by Each Reporting Person, as of September 09, 2025 Page 10 https://www.sec.gov/Archives/edgar/data/1123
Slide 11: Dual Till System
Dual Till System Company Regulated + Overview Non Regulated Revenues Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International 2024 Revenues per PAX (ex. Construction Services), expressed in nominal pesos as of Dec 2024; PAX traffic excludes transit
Slide 12: MDP Committed Investments
MDP MDP Investment Commitments (expressed in December 2024, Million Pesos) Committed 8,0 00 7,606 7,036 Investments 7,0 00 6,692 6,0 00 5,702 5,426 5,0 00 Company 1999-2023: 4,0 00 4,142 4,152 3,855 3,275 3,088 Overview 50,980 3,0 00 2,541 1,990 2,370 1,677 2,024 2,901 1,814 2,470 2,022 2,441 Regula
Slide 13: Mexican Airports by PAX
Pax (‘000s) Group Var % CAGR % 2024 Rank Airport 2019 2023 2024 24 vs.23 06-24 1 AICM Mexico City 50,304 48,363 45,359 (6.2%) 3.5% 2 ASUR Cancun 25,482 32,750 30,564 (6.7%) 6.6% Mexican 3 GAP Guadalajara 14,824 17,679 17,877 1.1% 6.0% 4 OMA Monterrey 11,177 13,327 13,651 2.4% 5.4% Airports by 5 GAP
Slide 14: 2024 revenues and PAX by airport
2024 2024 Revenues by business by airport Total Revenue Ps.20,972M Non-aeronautical 33.6% Regulated Villahermosa Other 11.1% per PAX: Commercial 68.9% 2.6% 20,972 Merida 31.1% Company Overview Ps.506.3 6.4% Cancun 79.9% Regulation 2014 2020 2010 2011 2012 2013 2015 2016 2017 2018 2019 2021 2022 2023
Slide 15: Cancun Airport total PAX 1990–2024
22.2 43.5 Domestic International Cancun Airport 21.6 41.4 45 .0 39.5 1990 – 2024 TOTAL PAX 40 .0 17.5 34.2 20.8 17.4 33.2 CAGR: 31.3 16.7 31.1 30.5 35 .0 14.1 29.1 6.1% 15.4 28.4 Company 32.8 14.5 26.1 Overview 30 .0 30.4 30.3 12.9 23.2 11.7 21.1 Regulation 25 .0 25.5 10.6 19.2 25.2 16.5 15.8 10.1 1
Slide 16: Passenger traffic by Origin–Destination
Passenger traffic by Origin – Destination (million PAX) O&D: 2024 Distribution (% of total) REGION -> Mexico USA Europe Canada Latin America TOTAL 1999 5.0 4.1 0.7 0.3 0.5 10.6 2000 5.0 4.6 0.9 0.4 0.5 11.4 2001 4.9 4.5 0.9 0.5 0.5 11.2 2002 4.8 4.4 0.8 0.6 0.3 11.0 Company 2003 5.3 4.9 1.0 0.7 0.3
Slide 17: Passenger traffic during last 12 months
Mar'24: HISTORICAL MAX 45 Sep. '08: Financial Crisis May '09: AH1N1 Mar '20: COVID-19 40 40.6 M Oct. '05: Hurricane Wilma Passenger 35 Jul. '05: Hurricane Emily traffic during last 12- 30 Sep. '01: 9/11 Company months at 25 Overview each specific date 20.9 M Regulation 20 19.7 M (million PAX) Operat
Slide 18: Available airplanes lost vs. new airplanes
Available Airplanes in Mexico 2025 Industry 400 Jun 25, 350 a) Existing Airlines 412 Var. % Estimates: Dec 19, 300 jun-08 di c-19 jun-25 New Airplanes Jun 25/Jun 08 351 289 Jun 08, VOLARIS 17 81 147 130 765% 425 350 307 250 AEROMEXICO 94 128 156 62 66% VIVAAEROBUS 7 36 95 88 1,257% Company MAGNICHAR
Slide 19: Commercial revenue per PAX vs. peers
Nominal CAGR 2000 – 2024: 18.8%; (Mexican CPI CAGR 2000-2024: 4.5%) 2024 commercial revenue per PAX Commercial revenues per passenger per quarter evolution vs. peers (US$/PAX) – converted at a 2024 average (Pesos / Passenger in Mexican pesos as of date reported) FX of PS. 20.7862/US$ for Mexican Air
Slide 20: ASUR Mexico main financial data 9M'25
ASUR Mexico: Main Financial Data 9 months % Change ASUR Mexico 2024 2025 Total TOTAL Passengers (thousand) 31,486 30,634 (2.7) Revenues for Total Revenues 16,461,179 19,405,994 17.9 Company 9M’25: Aeronautical 10,420,313 10,727,876 3.0 Overview Non-Aeronautical 5,256,423 5,384,649 2.4 $16,112,525 -
Slide 21: Total revenues, EBITDA and margin
1999 – 2024 Revenues EBITDA & EBITDA Margin (Ps. Mm) 23,169 75.3% CAGR ’06–’24: 14.7% 74.8% 74.5% Aeronautical 72.8% 72.3% Total 71.7% 71.5% 71.0% 70.8% 68.2% 67.7% Non-Aeronautical Revenues 15,628 65.8% 64.1% 62.8% 62.7% 13,582 19,028 61.3% CAGR Construction 60.2% 18,512 12,235 59.1% 58.8% Company
Slide 22: Revenue per PAX and CAGR vs. peers
Revenue per PAX in 2024 CAGR in Revenues 2006 – 2024 (%) ACI has named Cancun as the Company best airport in Overview Latin America Regulation for 4 ASUR GAP OMA ASUR GAP OMA consecutive Operational years CAGR in PAX Traffic 2006 – 2024 (%) CAGR in EBITDA 2006 – 2024 (%) Information Commercial Reven
Slide 23: Revenues have grown faster than costs and PAX traffic
Revenue and cost per PAX comparison (Nominal Pesos / PAX) Controllable expenses Total Revenues Commercial Revenues 544 531 524 509 Revenues have grown at 417 409 378 a faster rate 326 309 309 289 than total 270 252 Company 234 232 232 229 212 205 costs and PAX 193 Overview 169.4 158.5 158.6 154.5 17
Slide 24: Dividends evolution 1999–2024
Dividends evolution 1999 - 2024 EBITDA – CAPEX Net Income, retained earnings and dividends evolution (Ps. million) 1 (Ps. million) Ps. 30.00 - extraordinary Ps. 50.00 - ordinary 38,231 2006 229 Net income 24,000 Ps. 80.00 per share 2007 1,042 Retained earnings 2008 1,049 Company 2009 1,290 Dividends
Slide 25: High Corporate Governance Standards
High Corporate Seven out of eleven board members are INDEPENDENT (64%) Governance Member Audit Operations Nom & Comp. Acquisitions & Sustainability Type Board Member Gender Age Since Committee Committee Committee C. Committee Committee Standards • Sarbanes-Oxley compliant FERNANDO CHICO PARDO NON-IN
Slide 26: Short & Long Term Objectives
Short & Long Term Objectives Company Overview • Further develop our commercial business Regulation Operational • Improve our passenger volumes Information Commercial • World Class service – ASQ Program Revenues Financial Information • Improve capital structure Strategic Matters • Monitor new busines
Slide 27: United States, Puerto Rico & Colombia
United States, Puerto Rico & Colombia Company Overview AIRPORT OPERATION AIRPORT OPERATION SELECT COMMERCIAL OPERATION Regulation Country: Puerto Rico (US) Country: Colombia Country: United States Start of Operations: Feb 27th, 2013 Start of Operations: Oct 19th, 2017 Start of Operations: Jul 30th,
Slide 28: 12 years of successful operation in San Juan, Puerto Rico
• Luis Munoz Marin International Airport (SJU), in San Juan Puerto Rico (13.2M 12 years of PAX during 2024) is the largest and busiest airport in the Caribbean. successful • Feb 27th, 2013 initiated with the operation of the airport: operation in San Juan, Term of 40 years Company Overview Puerto Ri
Slide 29: San Juan total passenger traffic
• SJU accounts for about 93% of Puerto Rican passenger traffic (source: PR Government, Tourism statistics) Total • Approximately 83% of enplanements are origin and destination (“O&D”) Passenger Traffic 2024: • SJU is served by a strong and diverse group of around 23 airlines Company 13.2M • Aerostar
Slide 30: Aerostar main financial data
AEROSTAR: Main Financial Data 9 months % Change Aerostar 2024 2025 Consolidated Consolidated Total TOTAL Passengers (thousand) 10,048 10,543 4.9 Revenues for Total Revenues 3,431,728 4,002,320 16.6 Company 9M’25: Aeronautical 1,578,686 1,807,580 14.5 Overview Non-Aeronautical 1,486,485 1,787,260 20.
Slide 31: ASUR begins operation of Airplan in Colombia
• This acquisition is an important strategic addition that allows ASUR to enter the Oct 19, 2017: South American market by offering airport services through six airports in ASUR begins Colombia: the operation • RIONEGRO - Jose Maria Cordoba Company of Airplan Overview • MEDELLÍN - Olaya Herrera Regu
Slide 32: Airplan total passenger traffic
• Traffic at Airplan airports accounts for 27.5% of passenger traffic in Colombia Total (latest update: Dec 2024, source: aerocivil.gov.co; Bogota Airport, the busiest one in the country accounts for 37.8%, Cali for 5.6% and Cartagena for 6.2%) Passenger • Airplan is the second-largest airport conce
Slide 33: Airplan main financial data
AIRPLAN: Main Financial Data 9 months % Change Airplan 2024 2025 Consolidated Consolidated Total TOTAL Passengers (thousand) 12,563 13,073 4.1 Revenues for Total Revenues 2,419,303 2,860,043 18.2 Company 9M’25: Aeronautical 1,785,660 2,062,013 15.5 Overview Non-Aeronautical 627,379 788,529 25.7 $2,8
Slide 34: ASUR Airports acquires US commercial airport programs
• Jul 30th, 2025: ASUR Airports ASUR US Commercial Airports, LLC entered into manages select a purchase agreement with URW’s wholly- commercial owned subsidiary Westfield Development, Inc. Company programs at US to acquire all of the issued and outstanding Overview airports with equity interest of U
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