Grupo Aeroportuario Del Sureste Sab De Cv Class B · BMV:ASUR/B
Grupo Aeroportuario Del Sureste Sab De Cv Class B — Grupo Aeroportuario del Sureste, S. A. B. de C. V. — Q4 2021 Earnings Presentation
33 slides from Grupo Aeroportuario Del Sureste Sab De Cv Class B's earnings presentation, Feb 24, 2022
Slide 1: ASUR cover
ASO ASR AEROPUERTOS DEL SURESTE l LISTED Ye
Slide 2: Forward-looking statements
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 • Established regulatory framework Operational Information • Track record of consistent passenger growth Commercial Revenues • Balanced mix of internati
Slide 5: Sustainability is a key strategy in our business model
Sustainability is a key strategy in Company our business Overview model • Member of Bolsa Mexicana de Valores sustainability index Regulation • Active participant of United Nations Global Compact, in Mexico and internationally Operational Information • Certified by CEMEFI as Socially Responsible Com
Slide 6: Continuous commitment to implement ESG Best Practices
Continuous commitment to implement ESG Best Practices Company Overview Emissions Welfare of our Workforce Board of Directors: Permanent program to monitor emissions (scopes 1 and 2) Health and safety: Promotion of health and safety 11 members (64% independent members) Regulation Level 2 cert
Slide 7: Geographical presence: 16 airports
Geographical presence 16 airports Company Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International Source: Page 7 ASUR Company Filings
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 & ADO
Fernando Chico Pardo & ADO Company Overview Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International * Aggregate Amount Beneficially Owned by Each Reporting Person, as of December 31, 2021 Page 10 https://www.sec.gov/Archives/edgar/data/1123452/000
Slide 11: Dual Till System
Dual Till System Company Regulated + Overview Non Regulated Revenues Regulation Operational Information Commercial Revenues Financial Information Strategic Matters International Note: 2021 Revenues per PAX (excluding Construction Services), expressed In nominal pesos as of Dec 2021; passenger traffi
Slide 12: MDP Committed Investments
Visibility on capital expenditure requirements, as maximum rate negotiated along with Master Development Plan (MDP) is a function of programmed CAPEX MDP MDP Investment Commitments (expressed in December 2022 Million Pesos) Committed Investments 5,000 4,000 Company Overview 3,000 Regulation 1999-202
Slide 13: Mexican Airports by PAX
Pax (‘000s) Group 2021 Va r % CAGR % Rank Airport 21 vs .19 06-21 2019 2020 2021 1 AICM Mexico City 50,304 21,977 36,028 -28.4% 2.6% 2 ASUR Cancun 25,482 12,259 22,318 -12.4% 5.7% Mexican 3 GAP Guadalajara 14,824 8,094 12,209 -17.6% 4.5% 4 GAP Tijuana 8,917 6,311 9,666 8.4% 6.5% Airports by 5 OMA Mo
Slide 14: 2021 Revenues by business and PAX by type by airport
2021 2021 Revenues by business by airport Total Revenue Ps.10,592M Non-aeronautical 41.4% Regulated Villahermosa Other 9.7% 2.4% per PAX: Commercial 63.0% Merida 37.0% Company Overview Ps.363.5 5.8% Cancun 82.0% Regulation Aeronautical 58.6% Operational Information Commercial 2021 PAX by type by air
Slide 15: Total PAX 1990 – 2022
Matters Strategic Financial Company Page 15 Overview Revenues Regulation Commercial Operational Information Information International CAGR ’90–’22 (DOM): 5.9% CAGR ’90–’22 (INT’L): 6.7% TOTAL PAX 1990 – 2022 CAGR: 6.3% CAGR ’90–’22 (Cancun): 7.5% 10 .0 15 .0 20 .0 25 .0 30 .0 35 .0 40 .0 0.0 5.0 199
Slide 16: Passenger traffic by Origin – Destination
Passenger traffic by Origin – Destination (million PAX) Company Overview % % of % CAGR Regulation Region 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 Change total 99-21 1 21 vs. 20 2021 Operational Mexico 5.0 5.0 4.9 4.8 5.3 5.6 5.5 5.9 7.4 8.1 7.0 7.2 7.7 8.9 9.7 10.7 12.1 1
Slide 17: Passenger traffic during last 12 months
39.5 M Passenger traffic during last 12- Company months at Overview each specific 20.8 M Regulation date 18.7 M (million PAX) Operational Information Commercial Revenues Financial Information Strategic Matters International EVENT RECOVERY AFTER Type of PAX Historical Max. (%) Dec 22 vs. Hist. Max Se
Slide 18: Available Airplanes in Mexico
Available Airplanes in Mexico 2022 Industry Dec 19, 210 a) Existing Airlines Estimates: Jun 08, 351 jun-08 di c-19 s ep-22 New Airplanes Var. % 350 Sep 22/Jun 08 307 VOLARIS 17 81 112 95 559% 347 150 AEROMEXICO 94 128 141 47 50% 300 VIVAAEROBUS 7 36 65 58 829% Company 14 10 10 (4) (29)% Lost vs. New
Slide 19: Commercial revenue per PAX
Nominal CAGR 2000 – 2021: 19.1%; (Mexican CPI CAGR 2000-2021: 4.3%) 2021 commercial revenue per PAX Commercial revenues per passenger per quarter evolution vs. peers (US$/PAX) – converted at a 2021 average (Pesos / Passenger in Mexican pesos as of date reported) FX of PS. 20.4672/US$ for Mexican Air
Slide 20: Total Revenues and EBITDA
1999 – 2021 Revenues EBITDA & EBITDA Margin (Ps. Mm) CAGR ’06–’21: 12.3% Total Revenues CAGR Company 1999 – 2021: Overview 11.9% Regulation EBITDA means net income before: provision for taxes, deferred taxes, profit sharing, (Not including Revenues non-ordinary items, participation in the results of
Slide 21: ACI named Cancun best airport in Latin America
Revenue per PAX in 2021 CAGR in Revenues 2006 – 2021 (%) 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 – 2021 (%) CAGR in EBITDA 2006 – 2021 (%) Information Commercial Reven
Slide 22: Revenues have grown at a faster rate than total costs and PAX traffic
Revenue and cost per PAX comparison (Nominal Pesos / PAX) Revenues have grown at a faster rate Company than total Overview costs and PAX Regulation traffic Operational Information NOTE: Total Revenue per passenger does not include revenues from construction services. Controllable expenses per passen
Slide 23: Dividends evolution 1999 - 2021
Dividends evolution 1999 - 2021 EBITDA – CAPEX (Ps. million) Net Income, retained earnings and dividends evolution (Ps. thousands) 1 Net income Company Retained earnings Overview Dividends paid Regulation Operational Information Commercial Revenues Financial Information Strategic Matters Internation
Slide 24: High Corporate Governance Standards
Seven out of eleven board members are independent 1 Board of Audit Operations Nominations & Acquisitions & High Directors Committee Committee Comp. Committee Cont. Committee Corporate Fernando Chico Pardo President X X President Founder and President of Promecap Governance José Antonio Pérez Antón C
Slide 25: 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 26: Puerto Rico & Colombia
Puerto Rico & Colombia Company Country: Puerto Rico (US) Country: Colombia Overview Start of Operations: Feb 27th, 2013 Start of Operations: Oct 19th, 2017 Regulation Ownership: Ownership: ASUR, ASUR, 60% 100.00% Operational Information Commercial Revenues PSP Investments, Financial 40% Information
Slide 27: 8 years of successful operation in Puerto Rico
8 years of • Luis Munoz Marin International Airport (SJU), in San Juan Puerto Rico (9.7M PAX successful during 2021) is the largest and busiest airport in the Caribbean. operation in • Feb 27th, 2013 initiated with the operation of the airport: Company San Juan, Term of 40 years Overview Puerto Rico
Slide 28: Total Passenger Traffic 2021: 9.7M
Total • SJU accounts for over 93% of Puerto Rican passenger traffic Passenger • Approximately 83% of enplanements are origin and destination (“O&D”) Traffic 2021: • SJU is served by a strong and diverse group of 35 airlines Company 9.7M Overview • Aerostar works closely with the airlines and the Pue
Slide 29: Aerostar: Main Financial Data
AEROSTAR: Main Financial Data Aerostar Total Revenues for Company 9M’22: Overview $2,804,209 (thousands of Mexican Regulation pesos, excluding Construction Revenues) Operational Information Commercial Revenues Financial Information Strategic Matters Figures presented in the table above compare Aeros
Slide 30: Aerostar: Commercial Revenues
AEROSTAR: Commercial Revenues Aerostar Commercial Revenues per Company Passenger for Overview 9M’22: Regulation $156.5 (Mexican pesos per Operational passenger) Information Figures presented in the table above compare Aerostar’s independent results for the 9-month period ended September 30, 2022 and
Slide 31: Oct 19, 2017: ASUR begins the operation of Airplan
Oct 19, 2017: • This acquisition is an important strategic addition that allows ASUR to enter the ASUR begins South American market by offering airport services through six airports in the operation Colombia: Company of Airplan • RIONEGRO - Jose Maria Cordoba Overview • MEDELLÍN - Olaya Herrera Regu
Slide 32: Airplan Total Passenger Traffic 2021: 10.5M
Total • Traffic at Airplan airports accounts for 16.1% of passenger traffic in Colombia Passenger (as of Dec 2021) (Bogota Airport, the busiest one in the country accounts for 48%) Traffic 2021: • Airplan is the second-largest airport concession holder in Colombia, with 10.5 Company 10.5M million pa
Slide 33: Airplan: Main Financial Data
AIRPLAN: Main Financial Data Airplan Total Revenues for Company 9M’22: Overview $2,013,784 (thousands of Mexican Regulation pesos, excluding Construction Revenues) Operational Information Commercial Revenues Financial Information Strategic Matters International Figures presented in the table above c
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