Slides
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3Q26 PRESENTATION Dr. Stefan Schulte, CEO I Prof. Dr. Matthias Zieschang, CFO November 2026
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Fraport AG DISCLAIMER 3Q26 Presentation, November 20262 This document has been prepared by Fraport solely for use in this presentation. The information contained in this document has not been independently verified. No representation or warranty – whether express or implied – is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained therein. Neither the company nor any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss arising from any use of this document or its content or otherwise arising in connection with this document. This document does not constitute an offer or invitation to purchase or subscribe for any shares and neither this document nor any part of it shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. This document contains forward-looking statements that are based on current estimates and assumptions made by the management of Fraport to the best of its knowledge. Such forward-looking statements are subject to risks and uncertainties, the non-occurrence or occurrence of which could cause the actual results – including the financial condition and profitability of Fraport – to differ materially from or be more negative than those expressed or implied by such forward-looking statements. This also applies to the forward looking estimates and forecasts derived from third-party studies. Consequently, neither the company nor its management can give any assurance regarding the future accuracy of the opinions set forth in this document or the actual occurrence of the predicted developments. By accepting this document, you agree with the foregoing.
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Fraport AG 3Q 2026 AT A GLANCE VIGOROUS INTERNATIONAL GROWTH 3Q26 Presentation, November 20263 54% 47% -Int. Share in Group EBITDA- 3Q26 vs. 3Q25 1) Underlying adjusts for pension refund (2025), utility proceeds (2025), Slovenian land sale (2025), Frankfurt MAS disposal (2026), and POA one-off (2026) Group Retail Sales EUR 152Mn +12Mn vs. PY +11Mn from Int. Activities Group EBITDA EUR 595Mn +36Mn underlying vs. PY1 +28Mn underlying from Int.Activities1 Group Aero Charges EUR 655Mn +32Mn vs. PY +26Mn from Int. Activities Group Passengers 68.7Mn +1.7Mn vs. PY +1.6Mn from Int. Activities
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Fraport AG Pax 3Q26 vs. PY Pax 9M26 vs. PY FRA: Impacted by Strikes, Weather, and War in Middle East Excl. for Strikes and Weather: +1.3% PAX in 9M vs. PY Internationals (ex. AYT) with continued Traffic Momentum: +3.1% in 3Q26 / +2.6% in 9M26 AYT impacted by Proximity to Iran FRA Prelim. Passenger Traffic: OCT: +/-0% YTD: -0.2% 1% 5% 6% 5% 17% 5% -1% 3% 3% 0% 5% 3% 9% 16% 6% -3% 3% 2% Frankfurt Greece Lima Brasil Ljubljana Twin Star Antalya Intl. Airports Group Airports PASSENGER TRAFFIC RESILIENT PASSENGER TRAFFIC DESPITE MACRO BACKDROP 3Q26 Presentation, November 20264 Total
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Fraport AG 9M 2026 FINANCIALS INTERNATIONAL ACTIVITIES BOOST EBITDA TO ALL-TIME-HIGH 3Q26 Presentation, November 20265 48% 43% -Int. Share in Group EBITDA- 9M26 vs. 9M25 1) Pre tax values Group Revenues ex IFRIC 12 EUR3.35Bn +152Mn vs. PY +106Mn from Int. Activities Group Net Income EUR 315Mn -127Mn vs. PY -110Mn from D&A1 -54Mn from IAS231 Group Free Cash EUR 93Mn +45Mn vs. PY +176Mn from lower Capex -114Mn from Interest & Working Cap. Group EBITDA EUR 1.18Bn +23Mn vs. PY +69Mn from Int. Activities
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Fraport AG BUSINESS UPDATE PORTFOLIO GROWS BY 2 NEW REGIONAL AIRPORTS Jericoacoara, Brazil ▪ Attractive region in proximity to one of Brazil’s most visited national parks ▪ Successful start of operations on September 1 Kalamata, Greece ▪ Operational takeover planned for November 6 ▪ Launch of modernization program to follow Antalya, Türkiye ▪ Commencement of new concession: January 1, 2027 Kalamata Jericoacoara 3Q26 Presentation, November 20266
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Fraport AG BUSINESS UPDATE ROBUST T3 PERFORMANCE ▪ Smooth Operational Start - despite EES ▪ Retail per Pax in 3Q26 +30% vs. T2 (+40% in Sep) - despite -21% Mid-East Pax ▪ ORAT Pier G underway to commence 3 Piers operations in Summer 2027 3Q26 Presentation, November 20267
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Fraport AG BUSINESS UPDATE FRA WINTER: L/H GROWTH VS. S/H IMPACT FROM CITYLINE CLOSURE 3Q26 Presentation, November 20268 ▪ Seat Capacities: –2% (L/H +5%, S/H –6%) ▪ Movements: –5% (L/H +7%, S/H –9%) ▪ Germany: –18% Seats, –24% Movements
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Fraport AG 2026 OUTLOOK UNCHANGED OUTLOOK: GROUP-WIDE OPERATIONAL GROWTH 3Q26 Presentation, November 20269 Group Passengers growth over 2025 2025: 183.7Mn EBITDA Up to c.1.5Bn 2025: EUR c.1.44Bn Group Result 300-400Mn 2025: EUR c.468Mn DPS for 25FY EUR 1.00 2024: EUR - Net Debt/EBITDA Improvement 2025: 5.7x FRA Passengers about FY25 level 2025: 63.2Mn
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3Q26 PRESENTATION Dr. Stefan Schulte, CEO I Prof. Dr. Matthias Zieschang, CFO November 2026
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11 3Q26 Presentation, November 2026 CASH FLOW RECORD FREE CASH FLOW THROUGH MELT DOWN OF CAPEX Divs from at equity companies EUR mn +633 -10 -9 FRA T3 Greece Capex Brazil Capex Net Debt Sep 30, 2026 -9 Free Cash Flow 3Q26: € +461mn 8,692 Other Capex mostly FRA Lima Capex Fixed Concession Payments -45 -13 IFRS 16 OCFNet Debt June 30, 2026 0 -3 -119 IAS 23 Borrowing Cost 8,263+35 Comments € mil. 3Q26 3Q25 % Operating cash flow 633 681 -7 Capex1 195 327 -41 Brick-and-Mortar Capex2 185 292 -37 Free Cash Flow 3 461 373 +24 Net Debt 8,263 8,181 +1 Net Debt / LTM EBITDA 5.7x 5.8x -0.1x Equity 5,792 5,484 +6 Gearing ratio 152 159 -7PP 1 = Capex in airport op. projects, other intangible assets, PPE, investment property, and at equity investments. No consideration of one-time payments for acquisitions / equity injections to acquire 2 = Adjusts Capex for Items “Fixed Concession Payments” and “IAS23 Borrowing Cost” 3 = OCF – IFRS 16 – Capex + Dividends from at equity investments › 3Q26 OCF reaches EUR 633mn, c.50 mn below PY, mainly based on higher net interest paid and a positive one-off of EUR 50+mn in 3Q25 › Brick-and-Mortar Capex2 in the quarter reduced by 37% to EUR c.185mn, capitalized interest expenses down from EUR c.26mn to Zero › Net Debt down by EUR c.430mn over the quarter, with only minor headwind to FCF from a. o. dividends to minorities › Net Debt/LTM EBITDA further reduced to 5.7x; Gearing down to 152% -29 Other
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3.888 12.150 547 1.131 1.303 1.119 1.105 1.272 1.264 1.390 239 25 2909 42 42 50 57 48 49 54 60 64 484 5 21 22 23 21 23 26 28 30 33 1171.012 - - 9 9 9 9 5 0 1.000 2.000 3.000 4.000 5.000 6.000 7.000 8.000 9.000 10.000 11.000 12.000 13.000 Liquidity as of Sep 30, 2026 Financial Liabilities 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036++ 12 3Q26 Presentation, November 2026 AVAILABLEFUNDS & REPAYMENTPROFILE WELL BALANCED MATURITY PROFILE & CASH REDUCTION €1.0 bn Greece debt Average debt condition ~ 3.5% interest rate € 351 mn Brazil debt €9.8 bn Fraport AG debt € 1.0 bn Lima debt4,409 1 Liquidity + Committed Credit Lines & Finance Sep. 30, 2026 break down: Frankfurt 3,027mn + 460mn CL; Greece: 340mn; Lima 81mn + 62mn CL; Brasil 110mn; Other: 329mn 1
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13 3Q26 Presentation, November 2026 SEGMENT AVIATION HIGHER CHARGES AND LOWER OPEX OFFSET 3Q25 ONE OFF EUR mn 3Q26 3Q25 Revenue 382 382 Charges 296 290 Security 74 81 Other Income 8 11 Staff Cost 75 61 Other1 163 170 EBITDA 152 162 D&A 63 37 EBIT 90 125 ▪ FY26 to benefit from 3.9 % increase in airport fees but directly impacted by slowing traffic momentum ▪ OPEX inflation due to T3 inauguration and wage increase ▪ EBITDA expected in the mid- to high-single digit percentage area below PY level Outlook 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures ▪ Aviation Charges up c.2% vs. PY based on higher passenger volumes, less movements and price increases ▪ Adjusted for 2025 one off effect of EUR 14mn personnel expenses on PY level ▪ Other Opex down by EUR c.7mn EUR vs. PY, a.o. driven by lower cost for security ▪ EBITDA at EUR 152mn, EUR c.10mn below PY due to pension refund in 2025 = Underlying increase ▪ Increase in D&A due to Terminal 3 commissioning, leading to EBIT of EUR 90mn
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14 3Q26 Presentation, November 2026 SEGMENT RETAIL & REAL ESTATE ADJUSTED OPEX ON PY LEVEL – UNDERLYING EBITDA GROWTH EUR mn 3Q26 3Q25 Revenue 152 145 Retail 55 54 Real Estate 55 54 Parking 33 31 Other Income 3 5 Staff Cost 15 11 Other1 35 26 EBITDA 103 113 D&A 33 24 EBIT 71 89 ▪ Positive effect on FY26 figures from higher expected commercial turnover and price adjustments ▪ OPEX inflation due to T3 inauguration and wage increase EBITDA to remain on 2025 level or slightly above Outlook 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures ▪ Segment revenues increased by >4% at just under 1% passenger growth ▪ Retail revenues per pax in 3Q26 slightly up to EUR 3.08, driven by positive T3 effect → see next slide ▪ Real Estate with c.2 % revenue growth, Parking revenues at +8% based on volumes and price ▪ Personnel expenses adjusted by EUR 4mn one-off on PY level despite slightly higher FTE number ▪ Other OPEX higher due to non-recurring reimbursement of utilities in 3Q25 ▪ Adjusted for 2025 one offs, EBITDA up with EBIT down due to higher D&A for T3
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15 SEGMENT RETAIL & REAL ESTATE RETAIL REVENUES PER PASSENGER DEVELOPMENT 3,41 3,17 3,06 3,61 3,293,33 3,17 3,08 1Q 2Q 3Q 4Q FY 2025 Shopping & Services € p. Pax Advertising € p. Pax 2.57 2.42 0.60 0.75 EUR 2026 2.31 2.28 0.74 0.80 First Full Quarter of T3 Operations → T3 Retail offer almost completely offsets weakening airport shopping trend / Advertising still strong 2.82 2.71 0.59 0.62 2.91 0.70 2.63 0.66 3Q26 Presentation, November 2026
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16 3Q26 Presentation, November 2026 SEGMENT GROUND HANDLING HIGHER REVENUES COMPENSATE UNDERLYING COST INCREASE EUR mn 3Q26 3Q25 Revenue 243 235 Ground Hand. 121 123 Central Infra. 117 108 Other Income 2 3 Staff Cost 157 128 Other1 67 73 EBITDA 21 37 D&A 13 10 EBIT 7 27 ▪ FY26 to benefit from increase in charges and prices but directly impacted by slowing traffic momentum ▪ OPEX inflation due to T3 inauguration and wage increase ▪ Positive EBITDA expected to reach about the level of FY25 Outlook 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures ▪ Segment revenues up by c.3%, reflecting price adjustments being partly offset by traffic structure, esp. lower number of movements & lower Ground Handling market share ▪ Underlying Staff Cost increase by c.9% adjusted for 3Q25 one-off of EUR 16mn, from higher FTE numbers, wage agreement and structural effects ▪ Other Opex decreasing by EUR c.6mn or -8%, mainly due to the reduction in external personnel ▪ EBITDA of EUR c.21mn on underlying PY level ▪ Higher D&A due to T3 commissioning leads to EBIT of EUR 7mn
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17 3Q26 Presentation, November 2026 SEGMENT INTERNATIONAL ACTIVITIES & SERVICES INTERNATIONALS DRIVING GROUP FINANCIAL PERFORMANCE EUR mn 3Q26 3Q25 Revenue 621 588 IFRIC 12 28 48 ex. IFRIC 12 593 540 Other Income 34 11 Staff Cost 101 83 Other ex. IFRIC121 207 187 EBITDA 320 281 D&A 80 72 EBIT 240 209 ▪ FY26 to benefit from continued traffic growth and price effects, esp. in Greece and Brazil ▪ Currency effects may impact FY26 financials ▪ Solid EBITDA growth in the mid- to high-single digit percentage area expected Outlook 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures ▪ Underlying Revenues again up by c.10%, primarily driven by airports in Lima, Greece and Brazil ▪ Other Income reflects re-equilibrium in Brazil of EUR c.6mn and disposal of MAS (EUR +c.24mn) ▪ Underlying staff cost increase of c.+3% ▪ Underlying Other Opex increase by c.11%, mainly due to higher variable concession charges in Lima and Greece based on operational growth ▪ Adjusted for one-offs in 3Q26 and 3Q25, EBITDA increase of 11% or EUR 28mn ▪ Underlying EBIT EUR c.+20mn despite higher D&A, esp. due to accounting of concession liabilities
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Um den Bildhintergrund zu ändern, verschieben Sie die Verlaufsfläche so weit, dass die Mitte des Bildes frei liegt. Wählen Sie ein neues aus, indem Sie auf das Icon in der Mitte des Platzhalters klicken. Anschließend klicken Sie auf „Zurücksetzen“ in der Registerkarte „Start“. IR Contact T: +49 69 690 - 74844 F: +49 69 690 - 74843 M: investor.relations@fraport.de www.meet-ir.com THANK YOU FOR YOUR ATTENTION!
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Fraport AG APPENDICES 3Q26 Presentation, November 202619
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Fraport AG APPENDICES PASSENGER TRAFFIC 3Q26 Presentation, November 202620 Passengers 2026 fully consolidated airports July August September Q3 9M abs. Δ in % abs. Δ in % abs. Δ in % abs. Δ in % abs. Δ in % FRA Frankfurt 6,220,942 1.4 6,310,403 -0.3 6,063,992 1.6 18,595,337 0.9 47,491,815 -0.2 LJU Ljubljana 208,638 14.9 222,231 19.3 205,495 16.6 636,364 17.0 1,426,602 15.7 Fraport Brasil 1,329,846 6.0 1,271,416 5.2 1,171,870 -0.3 3,773,132 3.7 10,744,999 8.9 FOR Fortaleza 600,988 1.2 549,661 0.3 524,693 1.9 1,675,342 1.1 4,656,816 2.5 POA Porto Alegre 728,858 10.4 721,755 9.3 647,177 -2.0 2,097,790 5.9 6,088,183 14.3 JJD Jericoacoara 0 0,0 0 0,0 27,272 >100 27,272 >100 27,272 >100 LIM Lima 2,290,626 -0.4 2,477,017 7.4 2,264,455 10.5 7,032,098 5.7 19,608,829 2.8 Fraport Regional Airports of Greece A+B 6,924,357 5.4 7,132,820 5.1 5,703,981 4.2 19,761,158 4.9 33,412,717 5.1 Fraport Regional Airports of Greece A 3,764,025 6.2 3,838,597 5.9 3,150,493 4.9 10,753,115 5.7 18,946,607 6.2 CFU Kerkyra (Corfu) 993,218 7.0 1,028,964 5.4 809,593 4.2 2,831,775 5.6 4,380,283 6.6 CHQ Chania (Crete) 790,941 5.6 776,413 6.3 666,496 8.4 2,233,850 6.7 3,854,206 8.6 EFL Kefalonia 228,493 9.7 237,675 12.4 175,788 12.1 641,956 11.4 922,460 9.0 KVA Kavala 60,410 4.0 70,946 9.6 53,478 -1.1 184,834 4.5 292,551 4.1 PVK Aktio/Prevezka 211,235 5.7 222,000 9.0 172,554 6.9 605,789 7.2 872,209 6.8 SKG Thessaloniki 950,598 7.6 966,651 6.2 875,377 4.7 2,792,626 6.2 6,449,399 5.4 ZTH Zakynthos 529,130 1.8 535,948 1.7 397,207 -1.2 1,462,285 0.9 2,175,499 2.4 Fraport Regional Airports of Greece B 3,160,332 4.5 3,294,223 4.1 2,553,488 3.3 9,008,043 4.0 14,466,110 3.8 JMK Mykonos 404,603 5.8 426,231 7.5 247,027 1.0 1,077,861 5.3 1,560,204 5.7 JSI Skiathos 182,100 12.0 186,062 13.4 129,915 13.9 498,077 13.0 694,917 12.4 JTR Santorini (Thira) 459,434 2.0 471,659 1.2 360,697 0.1 1,291,790 1.2 2,164,932 3.7 KGS Kos 602,809 1.0 635,475 0.6 520,088 0.8 1,758,372 0.8 2,741,310 -0.1 MJT Mytilene (Lesvos) 84,348 -1.3 92,453 5.1 77,211 3.7 254,012 2.5 497,016 2.4 RHO Rhodes 1,330,064 5.5 1,377,717 4.0 1,131,276 4.4 3,839,057 4.6 6,319,598 3.7 SMI Samos 96,974 10.9 104,626 13.7 87,274 11.8 288,874 12.2 488,133 12.2 Fraport Twin Star 871,379 5.2 875,035 2.1 554,292 8.6 2,300,706 4.8 3,528,620 6.1 BOJ Burgas 502,582 -5.5 499,065 -6.3 282,092 0.4 1,283,739 -4.6 1,707,660 -5.7 VAR Varna 368,797 24.3 375,970 15.8 272,200 18.7 1,016,967 19.5 1,820,960 20.2 At equity consolidated airports AYT Antalya 5,569,093 -1.2 5,900,113 -0.9 5,067,535 -1.7 16,536,741 -1.2 30,159,689 -3.2
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Fraport AG21 3Q26 Presentation, November 2026 APPENDICES GROUP P+L € million 9M 2026 9M 2025 Q3 2026 Q3 2025 Revenue 3.466,0 3.340,3 1.396,9 1.350,3 Other internal work capitalized 49,4 53,5 12,3 18,5 Other operating income 57,1 21,3 34,7 11,4 Total revenue 3.572,5 3.415,1 1.443,9 1.380,2 Cost of materials –1.190,8 –1.160,3 –450,0 –439,4 Personnel expenses –1.066,8 –959,1 –348,5 –283,2 Depreciation and amortization –506,8 –397,3 –188,0 –142,6 Other operating expenses –137,2 –141,4 –50,0 –64,5 Operating result 670,9 757,0 407,4 450,5 Interest income 93,1 109,9 32,6 45,6 Interest expenses –344,7 –272,7 –122,4 –93,5 Result from companies accounted for using the equity method 5,6 –12,5 38,5 42,5 Other financial result –0,4 4,4 –0,5 2,0 Financial result –246,4 –170,9 –51,8 –3,4 Result from ordinary operations 424,5 586,1 355,6 447,1 Taxes on income –110,0 –144,6 –92,7 –104,2 Group result 314,5 441,5 262,9 342,9 thereof profit attributable to non-controlling interests 41,7 43,8 41,4 40,0 thereof profit attributable to shareholders of Fraport AG 272,8 397,7 221,5 302,9 Earnings per €10 share in € basic 2,95 4,30 2,39 3,28 diluted 2,95 4,30 2,39 3,28 EBITDA (= EBIT + depreciation and amortization) 1.177,7 1.154,3 595,4 593,1 EBIT (= operating result) 670,9 757,0 407,4 450,5
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Fraport AG22 3Q26 Presentation, November 2026 APPENDICES GROUP CASH FLOW € million 9M 2026 9M 2025 Q3 2026 Q3 2025 Cash flow from operating activities 826,5 1.005,6 632,7 681,0 Investments in airport operating projects –168,6 –241,7 –30,9 –61,5 Capital expenditure for other intangible assets –5,9 –5,5 –3,5 –1,1 Capital expenditure for property, plant, and equipment –560,0 –732,4 –155,8 –264,5 Capital expenditure for "Investment property" –11,8 –1,9 –4,3 –0,3 Investments in companies accounted for using the equity method –3,3 –1,4 0,0 –0,4 Sale of shares in companies accounted for using the equity method 29,0 0,0 29,0 0,0 Sale of shares in other investments 0,0 104,3 0,0 0,0 Dividends from companies accounted for using the equity method 48,4 58,6 35,4 30,3 Proceeds from disposal of non-current assets 3,8 9,0 1,7 8,7 Cash flow used in investing activities excluding investments in cash deposits and securities –668,4 –811,0 –128,4 –288,8 Financial investments in securities and promissory note loans –535,1 –424,9 –158,7 –64,5 Proceeds from disposal of securities and promissory note loans 530,1 655,2 107,3 136,2 Increase/decrease of time deposits with a term of more than three months 236,1 –339,9 –1,4 –255,0 Cash flow used in investing activities –437,3 –920,6 –181,2 –472,1 Dividends paid to shareholders of Fraport AG –92,5 0,0 0,0 0,0 Dividends paid to non-controlling interests –34,7 –31,1 –24,5 –10,5 Sale of own shares 0,0 5,7 0,0 5,7 Capital increase non-controlling interests 0,0 4,0 0,0 0,0 Cash inflow from long-term financial liabilities 635,9 911,6 100,0 470,4 Repayment of long-term financial liabilities –786,8 –873,6 –116,0 –364,4 Changes in current financial liabilities and other financing activities 134,9 –210,9 -2,7 –73,3 Cash flow from/ used in financing activities –143,2 –194,3 –43,2 27,9 Change in cash and cash equivalents 246,0 –109,3 408,3 236,8 Cash and cash equivalents as at January 1 and July 1 787,9 950,5 636,4 589,1 Foreign currency translation effects on cash and cash equivalents 10,7 –13,4 -0,1 1,9 Cash and cash equivalents as at September 30 1.044,6 827,8 1.044,6 827,8 € million 9M 2026 9M 2025 Q3 2026 Q3 2025 Result attributable to shareholders of Fraport AG 272,8 397,7 221,5 302,9 Result attributable to non-controlling interests 41,7 43,8 41,4 40,0 Adjustments for Taxes on income 110,0 144,6 92,8 104,2 Depreciation and amortization 506,8 397,3 188,0 142,5 Interest result 251,6 162,8 89,8 48,1 Gains/losses from disposal of non-current assets –0,8 –4,1 –0,1 –5,1 Others –28,8 –11,9 –22,0 –3,4 Changes in the measurement of companies accounted for using the equity method –5,6 12,5 –38,6 –42,6 Changes in inventories 0,5 –3,7 –0,3 –0,6 Changes in receivables and financial assets –80,2 –43,0 42,8 48,5 Changes in liabilities 51,0 77,0 99,7 53,7 Changes in provisions –10,2 –11,6 15,8 35,6 Operating activities 1.108,8 1.161,4 730,8 723,8 Financial activities Interest paid –278,1 –197,7 –86,8 –50,4 Interest received 80,0 110,4 26,9 48,1 Paid taxes on income –84,2 –68,5 –38,2 –40,5 Cash flow from operating activities 826,5 1.005,6 632,7 681,0
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Fraport AG23 3Q26 Presentation, November 2026 APPENDICES GROUP FINANCIAL POSITION Assets € million September 30, 2026 December 31, 2025 Non-current assets Goodwill 19,3 19,3 Investments in airport operating projects 4.461,9 4.414,2 Other intangible assets 99,1 97,2 Property, plant and equipment 10.768,3 10.567,5 Investment property 90,3 80,3 Investments in companies accounted for using the equity method 462,2 478,4 Other financial assets 880,6 682,1 Other financial receivables and assets 129,6 93,2 Other non-financial receivables and assets 71,4 81,8 Deferred tax assets 80,5 87,0 17.063,2 16.601,0 Current assets Inventories 29,1 29,4 Trade accounts receivable 423,1 280,8 Other current financial assets 365,8 572,1 Other current financial receivables and assets 114,9 107,6 Other current non-financial receivables and assets 77,6 127,7 Income tax receivables 45,8 27,8 Cash and cash equivalents 2.758,5 2.737,9 3.814,8 3.883,3 Total 20.878,0 20.484,3 Liabilities and equity € million September 30, 2026 December 31, 2025 Shareholders’ equity Issued capital 924,7 924,7 Capital reserve 602,4 602,4 Revenue reserves 3.910,8 3.654,1 Equity attributable to shareholders of Fraport AG 5.437,9 5.181,2 Non-controlling interests 353,7 336,8 5.791,6 5.518,0 Non-current liabilities Financial liabilities 10.354,6 10.794,0 Trade accounts payable 84,2 80,6 Other financial liabilities 1.164,9 1.154,3 Other non-financial liabilities 61,7 67,0 Deferred tax liabilities 197,5 201,1 Provisions for pensions and similar obligations 28,8 35,0 Provisions for income taxes 27,7 27,9 Other provisions 119,4 127,7 12.038,8 12.487,6 Current liabilities Financial liabilities 1.795,8 1.272,5 Trade accounts payable 345,5 392,9 Other current financial liabilities 175,2 180,2 Other current non-financial liabilities 351,6 281,1 Provisions for income taxes 150,3 119,3 Other provisions 229,2 232,7 3.047,6 2.478,7 Total 20.878,0 20.484,3
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Fraport AG24 3Q26 Presentation, November 2026 APPENDICES – SEGMENT AVIATION PAX DEVELOPMENT IN FRA AND OPEX INFLATION WEIGH ON EBITDA EUR mn 9M26 9M25 Revenue 1,004 1,001 Charges 772 755 Security 197 214 Other Income 31 34 Staff Cost 240 213 Other1 496 495 EBITDA 299 326 D&A 159 112 EBIT 141 214 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures ▪ Despite slight decrease in traffic volumes after 9M and lower security charges per PAX, revenues broadly on PY level due to higher prices ▪ Personnel expense up 13% or 6% if adjusted for 3Q25 one-off, mainly due to wage drift effects ▪ Other Opex on PY level: cost for T3 commissioning compensated by lower cost for security ▪ EBITDA below PY at EUR 299 mn, driven by Opex growth ▪ Increase in D&A due to Terminal 3 commissioning ▪ FY26 to benefit from 3.9 % increase in airport fees but directly impacted by slowing traffic momentum ▪ OPEX inflation due to T3 inauguration and wage increase ▪ EBITDA expected in the mid- to high-single digit percentage area below PY level Outlook
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Fraport AG25 3Q26 Presentation, November 2026 APPENDICES – SEGMENT RETAIL & REAL ESTATE UNDERLYING BUSINESS DEVELOPMENT WELL ON TRACK EUR mn 9M26 9M25 Revenue 419 408 Retail 144 146 Real Estate 161 156 Parking 91 86 Other Income 12 13 Staff Cost 49 41 Other1 93 84 EBITDA 289 296 D&A 87 71 EBIT 203 225 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures ▪ Segment revenues increased by c.3% vs. PY despite slightly lower passenger numbers ▪ Retail revenues per pax in 9M26 at EUR 3.18, 1 cent below 9M25 after weak 1Q (-8 cents), trend reversed over the summer driven by positive T3 effect, despite lower number of high value customers ▪ Real Estate and Parking with solid >3% and >5 % revenue increase, a. o. due to indexation and price adjustments but also volume effects ▪ Personnel expenses up by EUR <8 mn or EUR <4mn if adjusted for 3Q one-off, mainly due to wage drift effects ▪ Adjusted for 3Q25 one-offs, EBITDA slightly above PY level with EBIT down due to higher D&A for T3 ▪ Positive effect on FY26 figures from higher expected commercial turnover and price adjustments ▪ OPEX inflation due to T3 inauguration and wage increase EBITDA to remain on 2025 level or slightly above Outlook
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Fraport AG26 3Q26 Presentation, November 2026 APPENDICES – SEGMENT GROUND HANDLING UNDERLYING EBITDA ALMOST DOUBLED DESPITE WEAKER TRAFFIC EUR mn 9M26 9M25 Revenue 671 640 Ground Hand. 341 330 Central Infra. 313 295 Other Income 8 10 Staff Cost 467 425 Other1 193 193 EBITDA 19 32 D&A 37 29 EBIT -19 3 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures ▪ Segment revenues up by c.5%, reflecting price adjustments that overcompensate lower traffic numbers, esp. movements ▪ Adjusted for 2Q25 and 3Q25 one-offs (net positive of EUR 5mn), Staff Cost increase by c.9 % from higher FTE numbers and wage drift effects ▪ Adjusted for 2Q25 EUR 17 mn positive one-of, Other Opex decreasing by EUR c.17mn, mainly due to the reduction in external personnel ▪ EBITDA of EUR 19mn (vs. 9M25 underlying EBITDA of EUR c.10mn) ▪ Higher D&A due to T3 commissioning leads to negative EBIT ▪ FY26 to benefit from increase in charges and prices but directly impacted by slowing traffic momentum ▪ OPEX inflation due to T3 inauguration and wage increase ▪ Positive EBITDA expected to reach about the level of FY25 Outlook
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Fraport AG27 3Q26 Presentation, November 2026 APPENDICES – SEGMENT INTL. ACTIVITIES & SERVICES INTERNATIONALS BOOST FRAPORT GROUP FINANCIALS EUR mn 9M26 9M25 Revenue 1,372 1,292 IFRIC 12 116 142 ex. IFRIC 12 1,256 1,150 Other Income 55 18 Staff Cost 311 280 Other ex. IFRIC121 430 387 EBITDA 570 501 D&A 224 187 EBIT 346 314 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures ▪ Underlying Revenues increase by c.9%, primarily due to positive contribution from airports in Lima, Greece and Brazil ▪ Other Income reflects one-off reimbursement claim in Lima of EUR c.9mn, re-equilibrium in Brazil of EUR 6.5mn and disposal of shares in MAS of EUR 24mn ▪ Underlying staff cost increase by 5% mainly due to wage increases ▪ Underlying Other Opex increase by 11%, especially due to higher variable concession charges on better operational performance ▪ Strong underlying EBITDA increase of EUR c.45mn ▪ Despite higher D&A in LIM, adj. EBIT above PY ▪ FY26 to benefit from continued traffic growth and price effects, esp. in Greece and Brazil ▪ Currency effects may impact FY26 financials ▪ Solid EBITDA growth in the mid- to high-single digit percentage area expected Outlook
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Fraport AG28 3Q26 Presentation, November 2026 APPENDICES NET DEBT BROADLY ON PY LEVEL DESPITE DIVI AND F/X HEADWIND Divs from at equity companies EUR mn +827 -57 -56 FRA T3 Greece Capex Brazil Capex Other Net Debt 30.09.2026 -19 Free Cash Flow 9M26: € +93mn 8,191 Other Capex mostly FRA Lima Capex Fixed Concession Payments -172 -32 IFRS 16OCFNet Debt YE 2025 -42 -6 -3981 IAS 23 Borrowing Cost 8,263+48 Comments € mil. 9M26 9M25 % Operating cash flow 827 1,006 -18 Capex1 750 982 -24 Brick-and-Mortar Capex2 651 826 -21 Free Cash Flow 3 +93 +48 +93 Net Debt 8,263 8,181 +1 Net Debt / LTM EBITDA 5.7x 5.8x -0.1x Equity 5,792 5,484 +6 Gearing ratio 152 159 -7PP 1 = Capex in airport op. projects, other intangible assets, PPE, investment property, and at equity investments. No consideration of one-time payments for acquisitions / equity injections to acquire 2 = Adjusts Capex for Items “Fixed Concession Payments” and “IAS23 Borrowing Cost” 3 = OCF – IFRS 16 – Capex + Dividends from at equity investments › 9M26 OCF of EUR 827mn below PY, due to WC changes, higher net interest paid and higher tax payments › 9M26 Brick-and-Mortar Capex2 down by 21% to EUR c.651mn › Net Debt up by 1% as of Sep 30, 2026 (vs. PY), a.o. driven by F/X headwind on Peruvian and Brazilian Net Debt as well as dividend payment of EUR 92mn › Leverage Ratios improving in line with expectations -1622 1 incl. EUR 31mn for RWY refurbishment in Bulgaria 2 thereof EUR -92.5mn from dividends to shareholders of Fraport AG and EUR -54mn from F/X effecs, incl. EUR+29 mn from disposal of MAS
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Fraport AG29 3Q26 Presentation, November 2026 APPENDICES MAJOR SPECIAL ITEMS 2025/26 1Q 2025 Group Financial Result / Antalya EUR - 3.9 mn EBITDA: Negative DTF Impact EUR -16.9 mn Net Result: F/X driven effect from deferred taxes 2Q 2025 Ground Handling EUR -10.5 mn higher Staff Cost: Supplementary Pension Costs EUR +16.8 mn lower Other Opex: Reversal of provisions Group Financial Result / Antalya EUR - 3.1 mn EBITDA: Negative DTF Impact EUR -10.6 mn Financial Result: „Day 1 loss“ on Hedging of Project Finance EUR -29.3 mn Net Result: F/X driven effect from deferred taxes 3Q 2025 Aviation EUR +14 mn lower Staff Cost: Payback of Supplementary Pension Costs Retail & Real Estate EUR +4mn lower Staff Cost: Payback of Supplementary Pension Costs High single digit million EUR amount: lower Other Opex: reimbursement of utilities Ground Handling EUR +16 mn lower Staff Cost: Payback of Supplementary Pension Costs International Activities / Services EUR +5 mn higher Other Income: Disposal of a land plot at LJU EUR +15 mn lower Staff Cost: Payback of Supplementary Pension Costs 4Q 2025 International Activities / Fraport Brasil EUR +17.3 mn Other Income: Rebalance Economic Equilibrium Ground Handling EUR -5.8 mn higher Staff Cost: Supplementary Pension Costs EUR -11.2 mn higher Other Opex: Provision for compensation payments 1Q 2026 No special items recorded 2Q 2026 International Activities / Lima EUR +9.3 mn Other Income: reimbursement claim International Activities / Fraport USA EUR +3.8 mn EBITDA: Reversal of provisions 3Q 2026 International Activities / Frankfurt Services EUR +24.0 mn Other Income: Disposal of Shares in Medical Airport Services (MAS) International Activities / Fraport Brasil EUR +6.5 mn Other Income: Rebalance Economic Equilibrium
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Fraport AG30 3Q26 Presentation, November 2026 APPENDICES BRICK-AND-MORTAR CAPEX Historic Investment & 2026 Outlook EUR mn 2018 2019 2020 2021 2022 2023 2024 2025 2026e Terminal 3 155 369 536 603 542 593 750 488 250 Lima 48 94 101 197 329 460 485 153 100-150 Greece 78 191 97 27 9 14 22 35 -* Brasil 164 240 44 27 12 20 24 21 -* Other 316 387 326 267 187 330 449 435 Up to 500 t/o FRA 298 363 303 246 176 295 424 365 Up to 400 t/o RoW 18 24 23 21 11 35 25 70 Up to 100 * No specific guidance given, capex included in RoW
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Fraport AG31 3Q26 Presentation, November 2026 APPENDICES D+A AND INTEREST DETAILS EUR mn 19FY 20FY 21FY 22FY 23FY 24FY 25FY Depreciation & Amortization 475 458 443 465 501 532 552 of which IFRS16 related 1 45 45 38 41 37 36 39 of which IFRIC12 related 2 84 94 106 116 134 139 175 of which other D&A 346 319 299 308 330 357 338 Interest Expenses 197 193 269 314 318 349 344 of which IFRS16 related 1 12 11 9 9 7 6 9 of which IFRIC12 related 2 55 55 75 86 69 71 71 of which other Interest Expenses 175 163 226 263 313 394 410 of which cap. borrowing cost (IAS 23) -46 -36 -41 -44 -71 -121 -146 1 IFRS 16 specifies how leases are recognized, measured, presented, and disclosed. Based on the application of IFRS 16, depreciation charges and interest ex penses incurred. 2 IFRIC 12 specifies how service concession arrangement are recognized, measured, presented, and disclosed. Based on the application of IFRIC 12, depreciation charges and interest e xpenses incurred. Frankfurt Terminal 3 & Lima Terminal Construction Progress reflected in increased amount of capitalized borrowing cost
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Fraport AG32 3Q26 Presentation, November 2026 APPENDICES D+A AND INTEREST DETAILS 1 IFRS 16 specifies how leases are recognized, measured, presented, and disclosed. Based on the application of IFRS 16, depreciation charges and interest ex penses incurred. 2 IFRIC 12 specifies how service concession arrangement are recognized, measured, presented, and disclosed. Based on the application of IFRIC 12, depreciation charges and interest e xpenses incurred. Frankfurt Terminal 3 & Lima Terminal Construction Progress reflected in increased amount of capitalized borrowing cost Significant Reduction after Inauguration of Terminal 3 in 2Q26 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 D&A 130 129 127 147 125 129 143 154 140 179 188 o/w IFRS 16 9 9 9 9 10 9 10 10 9 9 12 o/w IFRIC 12 36 35 34 34 34 39 51 51 50 54 56 o/w other 85 85 84 104 81 81 82 93 81 116 120 Interest exp. 90 89 88 82 84 95 94 72 91 132 122 o/w IFRS 16 2 2 2 1 1 2 3 3 3 3 3 o/w IFRIC 12 20 17 17 16 20 21 16 14 19 23 14 o/w other 93 98 102 101 102 104 101 104 104 112 105 IAS 23 -24 -29 -32 -37 -39 -32 -26 -49 -36 -6 0 Significant increase in D/A after Inauguration of Frankfurt Terminal 3 in 2Q26
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Fraport AG33 3Q26 Presentation, November 2026 APPENDICES AVIATION SEGMENT EUR mn 1Q19 2Q19 3Q19 4Q19 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Revenue 225 270 288 244 266 320 344 305 270 349 382 341 280 342 382 Charges 175 215 234 193 195 239 265 227 202 263 290 253 215 261 296 Security 39 42 42 39 59 70 66 67 58 76 81 77 56 67 74 Oth. Inc. 7 8 10 8 12 10 11 13 12 11 11 14 12 11 8 Staff Cost 90 98 94 92 65 71 70 70 75 78 61 75 79 86 75 Other1 104 96 101 112 156 151 155 170 164 162 170 185 168 165 163 EBITDA 38 84 103 48 57 109 130 78 43 120 162 96 45 102 152 1Q19 2Q19 3Q19 4Q19 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 PAX mn 14.8 18.8 20.5 16.4 12.5 15.5 18.0 14.8 12.4 16.7 18.4 15.6 12.7 16.2 18.6 MOV 117k 136k 140k 121k 95k 112k 121k 108k 96k 122k 128k 113k 96k 115k 123k MTOW mn 7.3 8.3 8.7 7.6 6.1 6.9 7.6 6.8 6.2 7.5 7.8 7.0 6.1 7.1 7.7 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures
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Fraport AG 1Q19 2Q19 3Q19 4Q19 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 PAX mn 14.8 18.8 20.5 16.4 12.5 15.5 18.0 14.8 12.4 16.7 18.4 15.6 12.7 16.2 18.6 MOV 117k 136k 140k 121k 95k 112k 121k 108k 96k 122k 128k 113k 96k 115k 123k MTOW mn 7.3 8.3 8.7 7.6 6.1 6.9 7.6 6.8 6.2 7.5 7.8 7.0 6.1 7.1 7.7 34 3Q26 Presentation, November 2026 APPENDICES RETAIL & REAL ESTATE SEGMENT EUR mn 1Q19 2Q19 3Q19 4Q19 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Revenue 116 125 131 136 119 133 140 145 123 140 145 144 126 142 152 Real Est. 41 42 44 43 49 50 53 53 50 52 54 54 52 55 55 Retail 49 56 58 59 40 48 52 58 40 51 54 54 40 49 55 Parking 25 25 27 23 24 28 29 27 26 29 31 28 27 31 33 Oth. Inc. 15 3 6 2 4 4 5 4 5 4 5 9 6 3 3 Staff Cost 15 15 14 14 13 14 14 14 15 15 11 17 16 18 15 Other1 15 17 16 30 27 26 31 40 30 29 26 46 30 28 35 EBITDA 101 96 107 94 83 97 100 95 83 100 113 91 86 100 103 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures
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Fraport AG 1Q19 2Q19 3Q19 4Q19 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 PAX mn 14.8 18.8 20.5 16.4 12.5 15.5 18.0 14.8 12.4 16.7 18.4 15.6 12.7 16.2 18.6 MOV 117k 136k 140k 121k 95k 112k 121k 108k 96k 122k 128k 113k 96k 115k 123k MTOW mn 7.3 8.3 8.7 7.6 6.1 6.9 7.6 6.8 6.2 7.5 7.8 7.0 6.1 7.1 7.7 35 3Q26 Presentation, November 2026 APPENDICES GROUND HANDLING SEGMENT EUR mn 1Q19 2Q19 3Q19 4Q19 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 Revenue 161 184 192 170 160 194 206 186 181 225 235 216 196 233 243 G. Services 81 93 99 86 80 96 102 92 90 118 123 114 99 122 121 Centr. Infr. 72 85 87 77 75 93 99 89 84 102 108 97 90 106 117 Oth. Inc. 2 2 3 2 3 3 3 3 4 3 3 4 3 2 2 Staff Cost 115 122 118 114 115 127 126 145 138 159 128 152 147 164 157 Other1 43 46 51 47 68 74 74 69 64 56 73 77 58 68 67 EBITDA 5 18 26 11 -20 -4 9 -25 -18 13 37 -9 -6 4 21 1 Other defined as balance of non-staff cost and intersegment cost & revenue Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures
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Fraport AG36 3Q26 Presentation, November 2026 APPENDICES MAJOR INTERNATIONAL HOLDINGS Figures refer to IFRS accounting, not local GAAP, percent changes based on unrounded figures 1)Revenue adjusted by IFRIC 12: Fortaleza + Porto Alegre 3Q2026: 32.2mn € (3Q2025: 26.0 mn €); Lima 3Q2026: 112.6mn € (3Q2025: 100.6mn €); Fraport Greece 3Q2026: 321.0mn € (3Q2025: 297.3mn €); Twin Star 3Q2026: 39.6mn € (3Q2025: 38.1mn €); Antalya II 3Q2026: 43.9 mn € (3Q2025: 38.3mn €). 2) Sum of the Group companies Fortaleza and Porto Alegre. 3) Fraport Regional Airports of Greece A, Fraport Regional Airports of Greece B, and Fraport Greece Management Co. are collec tively referred to as “Fraport Greece” 4) Share of voting rights: 51%, dividend share: 50% 5) Share of voting rights: 49%, dividend share: 50% € million Share in % Revenue1) EBITDA EBIT Result Q3 2026 Q3 2025 Δ % Q3 2026 Q3 2025 Δ % Q3 2026 Q3 2025 Δ % Q3 2026 Q3 2025 Δ % Fraport USA 100 46,7 44,0 +6,1 14,5 12,9 +12,4 3,6 4,2 –14,3 1,1 0,5 >+100 Fraport Slovenija 100 19,4 17,0 +14,1 10,0 12,5 –20,0 7,3 10,0 –27,0 5,8 8,0 –27,5 Fortaleza + Porto Alegre2) 100 32,9 27,5 +19,6 25,2 14,5 +73,8 16,9 5,4 >+100 10,1 1,3 >+100 Lima 80,01 123,9 134,2 –7,7 34,6 29,2 +18,5 6,5 4,5 +44,4 –27,5 –15,7 – Fraport Greece3) 65 336,7 310,4 +8,5 179,3 167,5 +7,0 161,8 151,3 +6,9 112,1 102,9 +8,9 Twin Star 60 39,7 38,1 +4,2 23,2 22,1 +5,0 20,1 19,8 +1,5 17,1 16,9 +1,2 Antalya I4) (FTA I) 51/50 257,3 286,7 –10,3 132,5 150,3 –11,8 92,3 119,5 –22,8 69,9 86,3 –19,0 Antalya II5) (FTAII) 49/50 51,0 45,3 +12,6 41,4 26,6 +55,6 32,4 17,9 +81,0 –11,0 –0,3 – € million Share in % Revenue1) EBITDA EBIT Result Q3 2026 Q3 2025 Δ % Q3 2026 Q3 2025 Δ % Q3 2026 Q3 2025 Δ % Q3 2026 Q3 2025 Δ % Fully consolidated Group companies Group companies accounted for using the equity method
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Fraport AG37 3Q26 Presentation, November 2026 APPENDICES MAJOR INTERNATIONAL HOLDINGS Figures refer to IFRS accounting, not local GAAP, percent changes based on unrounded figures 1)Revenue adjusted by IFRIC 12: Fortaleza + Porto Alegre 9M2026: 89.4mn € (9M2025: 71.8mn €); Lima 9M2026: 320.8mn € (9M2025: 286.9 mn €); Fraport Greece 9M2026: 538.2mn € (9M2025: 498.9mn €); Twin Star 9M2026: 60.9mn € (9M2025: 58.7mn €); Antalya II 9M2026: 73.5mn € (9M2025: 59.5mn €). 2) Sum of the Group companies Fortaleza and Porto Alegre. 3) Fraport Regional Airports of Greece A, Fraport Regional Airports of Greece B, and Fraport Greece Management Co. are collec tively referred to as “Fraport Greece” 4) Share of voting rights: 51%, dividend share: 50% 5) Share of voting rights: 49%, dividend share: 50% Fully consolidated Group companies Group companies accounted for using the equity method € million Share in % Revenue1) EBITDA EBIT Result 9M 2026 9M 2025 Δ % 9M 2026 9M 2025 Δ % 9M 2026 9M 2025 Δ % 9M 2026 9M 2025 Δ % Fraport USA 100 137,0 135,6 +1,0 46,7 41,2 +13,3 19,9 14,4 +38,2 10,5 5,9 +78,0 Fraport Slovenija 100 46,7 41,6 +12,3 19,9 20,1 –1,0 12,0 12,5 –4,0 9,5 10,1 –5,9 Fortaleza + Porto Alegre2) 100 91,9 83,4 +10,2 57,0 37,4 +52,4 32,0 13,2 >+100 10,5 –4,3 – Lima 80,01 368,2 390,5 –5,7 106,0 84,0 +26,2 27,1 36,5 –25,8 –44,3 –5,4 – Fraport Greece3) 65 567,0 525,5 +7,9 265,8 246,0 +8,0 214,6 196,8 +9,0 123,7 107,2 +15,4 Twin Star 60 98,2 58,7 +67,3 28,6 28,0 +2,1 20,4 21,0 –2,9 14,9 16,2 –8,0 € million Share in % Revenue1) EBITDA EBIT Result 9M 2026 9M 2025 Δ % 9M 2026 9M 2025 Δ % 9M 2026 9M 2025 Δ % 9M 2026 9M 2025 Δ % Antalya I4) (FTA I) 51/50 455,5 445,7 +2,2 230,0 248,7 –7,5 127,7 160,1 –20,2 94,3 98,6 –4,4 Antalya II5) (FTAII) 49/50 88,6 84,1 +5,4 63,3 41,3 +53,3 36,5 23,9 +52,7 –84,0 –107,8 –
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Fraport AG38 3Q26 Presentation, November 2026 APPENDICES MAJOR INTERNATIONAL HOLDINGS Greece EUR mn Revenue Revenue w/o IFRIC 12 - Airport Charges - Retail - Other Total Revenue Opex (ex. IFRIC 12) EBITDA 2Q19 2Q25 2Q26 128 173 186 81 162 176 69 126 134 5 26 29 7 10 13 128 173 186 34 81 91 47 81 85 3Q19 3Q25 3Q26 177 310 337 144 297 321 127 232 248 7 51 58 10 14 15 177 311 337 38 130 142 106 167 179 4Q19 4Q25 4Q26 80 120 49 99 34 70 10 17 5 11 80 120 31 64 18 34 1Q19 1Q25 1Q26 78 42 44 23 39 42 15 26 29 4 5 5 4 8 8 79 42 45 23 42 40 0 -3 2 Antalya I (FTA I) EUR mn Revenue Revenue w/o IFRIC 12 - Airport Charges - Retail - Other Total Revenue Opex (ex. IFRIC 12) EBITDA 2Q19 2Q25 2Q26 112 132 156 112 132 156 76 95 87 33 30 60 3 7 9 112 161 157 15 68 66 98 93 91 3Q19 3Q25 3Q26 183 287 257 183 287 257 125 148 144 54 125 103 4 14 10 184 260 258 21 110 126 163 150 132 4Q19 4Q25 4Q26 80 116 80 116 48 69 29 43 3 4 80 117 18 89 62 28 1Q19 1Q25 1Q26 26 27 42 24 27 42 12 19 20 9 4 16 3 4 6 26 28 43 9 23 36 15 5 7 Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures
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Fraport AG39 3Q26 Presentation, November 2026 APPENDICES MAJOR INTERNATIONAL HOLDINGS Lima EUR mn Revenue Revenue w/o IFRIC 12 - Airport Charges - Retail - Other Total Revenue Opex (ex. IFRIC 12) EBITDA 2Q19 2Q25 2Q26 127 116 134 87 91 105 49 50 54 17 16 19 21 25 32 127 116 144 53 67 73 34 24 41 3Q19 3Q25 3Q26 108 134 124 86 101 113 46 55 60 18 17 19 22 29 34 108 134 124 54 72 78 32 29 35 4Q19 4Q25 4Q26 112 136 92 101 52 54 17 18 23 29 112 136 58 86 34 15 1Q19 1Q25 1Q26 89 140 110 82 96 104 46 54 56 15 16 17 21 26 31 89 140 110 50 65 73 32 31 31 Lima USD mn Revenue Revenue w/o IFRIC 12 - Airport Charges - Retail - Other Total Revenue Opex (ex. IFRIC 12) EBITDA 2Q19 2Q25 2Q26 143 133 156 98 103 122 55 57 63 19 18 22 24 28 37 143 133 167 60 75 85 38 28 48 3Q19 3Q25 3Q26 120 157 143 96 118 130 51 64 69 19 20 21 26 34 40 120 157 143 61 84 90 35 34 40 4Q19 4Q25 4Q26 124 158 102 118 57 63 19 21 26 34 124 158 64 100 38 18 1Q19 1Q25 1Q26 101 147 129 93 101 121 53 57 65 17 17 20 23 27 36 101 147 129 57 68 86 36 32 36 Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures
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Fraport AG40 3Q26 Presentation, November 2026 APPENDICES MAJOR INTERNATIONAL HOLDINGS Brasil EUR mn Revenue Revenue w/o IFRIC 12 - Airport Charges - Retail - Other Total Revenue Opex (ex. IFRIC 12) EBITDA 2Q19 2Q25 2Q26 77 23 30 21 23 29 13 12 15 3 4 5 5 7 9 78 24 31 13 12 14 9 12 16 3Q19 3Q25 3Q26 65 27 33 24 26 32 15 14 17 4 5 5 5 7 10 66 28 40 13 12 15 11 15 25 4Q19 4Q25 4Q26 55 32 26 28 15 15 4 5 7 8 56 52 16 16 10 31 1Q19 1Q25 1Q26 86 33 29 23 22 28 15 12 15 4 5 5 4 5 8 87 33 30 15 11 13 9 11 16 Brasil BRL mn Revenue Revenue w/o IFRIC 12 - Airport Charges - Retail - Other Total Revenue Opex (ex. IFRIC 12) EBITDA 2Q19 2Q25 2Q26 339 151 176 90 150 170 57 79 89 14 25 28 19 46 53 342 154 181 55 80 83 38 74 91 3Q19 3Q25 3Q26 289 175 195 105 165 190 68 88 99 16 29 30 21 48 61 292 179 238 58 77 84 50 92 149 4Q19 4Q25 4Q26 254 202 116 175 69 96 18 29 29 50 259 325 74 101 47 197 1Q19 1Q25 1Q26 368 201 179 99 138 175 64 72 93 15 28 31 20 38 51 371 204 183 62 71 79 40 70 100 Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures
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Fraport AG41 3Q26 Presentation, November 2026 APPENDICES MAJOR INTERNATIONAL HOLDINGS Twin Star EUR mn Revenue Revenue w/o IFRIC 12 - Airport Charges - Retail - Other Total Revenue Opex (ex. IFRIC 12) EBITDA 2Q19 2Q25 2Q26 15 16 35 15 16 16 9 9 9 2 2 3 4 5 4 15 16 35 6 9 9 9 7 7 3Q19 3Q25 3Q26 41 38 40 41 38 40 27 25 26 5 6 6 9 7 8 41 38 40 14 16 17 27 22 23 4Q19 4Q25 4Q26 5 25 5 7 2 3 1 2 2 2 5 26 6 10 -1 -3 1Q19 1Q25 1Q26 3 5 24 3 5 5 2 2 3 0 1 1 1 2 1 3 5 24 4 6 7 -1 -2 -2 Fraport Slovenija EUR mn Revenue Revenue w/o IFRIC 12 - Airport Charges - Retail - Other Total Revenue Opex (ex. IFRIC 12) EBITDA 2Q19 2Q25 2Q26 13 15 16 13 15 16 6 7 8 1 1 1 6 7 7 13 15 16 8 9 9 5 6 7 3Q19 3Q25 3Q26 14 17 19 14 17 19 7 9 10 1 1 1 6 7 8 14 22 20 8 9 10 6 13 10 4Q19 4Q25 4Q26 9 13 9 13 4 6 1 1 4 6 11 13 9 9 2 4 1Q19 1Q25 1Q26 10 10 11 10 10 11 4 4 5 1 1 1 5 5 5 10 10 12 6 8 9 4 2 3 Note: Due to commercial rounding discrepancies may occur when summing up, % changes based on unrounded figures
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Fraport AG APPENDICES P&L CHANGES ACC. TO IFRS 18 STARTING 2027 → FX gains and losses are not presented as a separate line item, but are classified according to the nature of the underlying transaction ▪ Income and expenses from operating activities ▪ Residual -> „Catch-all” category for income and expenses that cannot be allocated to other categories Operating ▪ Result from companies accounted for using the equity method ▪ Interest income and expenses from assets independently of the entity’s other resources, (e.g. securities and other financial investments) Investing ▪ Interest expenses and income from Financial/financing liabilities ▪ Interest expenses and income from liabilities and provisions Financing P&L Income and expenses will be classified into five categories (Operating, Investing, Financing, Income Tax and Discontinued operations). The categories "Operating" , "Investing" and "Financing" have been introduced for the first time. The classification depends on the entity’s main business activity Operating result in acc. with IFRS 18 partly contains income and expenses which were part of financial result before introduction of IFRS 18 Financial result will mainly be split into new categories “Operating Result”, “Result from Investing” and “Result from financing” +/- Divergence from “old” Operating Result expected in LSD-% area EBITDA as Management Performance Measurement (MPM) 3Q26 Presentation, November 202642
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Fraport AG43 3Q26 Presentation, November 2026 APPENDICES CAPEX & NET DEBT DEVELOPMENT 2026 T3 Capex: €~250mn Other Capex: €~400mn Capex 2026: €~100mn Capex 2026: €~100- 150mn Frankfurt -400 -100 ~+100 -500 -200 100 400 700 1.000 1.300 1.600 OCF (proxy: EBITDA guidance) "Brick-and-Mortar" Capex Net Interest Result & Taxes IFRS 16 & Fixed Conc. Payments Net flows associates NWC Changes Free Cash Flow 2026 FCF OUTLOOK ~900 Up to 1.5 bn +/-0 Low 3-digit million EUR Mn EUR Net Debt YE 2026: <EUR c.8.2bn1 1 +/- F/X translation Effects Net Cash Flows to / from Non-controlling Interests, and other Effects, including Valuation 2 Of which EUR c.50mn expected to be Capitalized as Borrowing Cost and reported as ”Capex” Other Intl. Airports 2 2 Lima
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Fraport AG 107 100 100 -150 100 -150 100 -150 100 -150 100 -150 153 100- 150 271 25 250 -300 250 -300 250 -310 250 -320 250 -330 250 -340 113 up to ~100 up to ~100 up to ~100 up to ~100 up to ~100 up to ~100 488 ~250 ~150 20 30 100 -150 100 -150 100 -150 ~250 2025 2026 2027 2028 2029 2030 2031 Maintenance Intl. Lima Maintenance FRA IT & Equipment T3 Projects FRA / Intl. APPENDICES MID TERM CAPEX OUTLOOK 3Q26 Presentation, November 202644 ~1.132 ~900 ~700 ~600-700 ~600-700 ~600-700 ~700-850 “Maintenance FRA” €~250mn-300mn p.a. plus inflation allowance from 28on “Projects” include Expansion & Modernization Projects in FRA and Intl. Assets which Increase RAB and/or Achieve higher Non-Aviation Revenues. Examples: FRA T2 Planning & prep. Works, FRA Cargo “Maintenance Intl.” €~100mn-150mn p.a. Frankfurt T2 Planning and Prepartory Works to last until c.2029. Decision to Commence with T2 Core Construction Works to be Taken Towards End of the Decade Subject to Traffic Development. Below Forecast Assumes a Construction Start in ~2030-31 “IT & Equipment FRA” up to €~100mn p.a. € mn
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Fraport AG APPENDICES TERMINAL 3 TO SUPPORT FRANKFURT CAPACITIES GOING FORWARD 3Q26 Presentation, November 202645 Blue curves: Arrivals Red curves: Departures Green curves: Mixed Frankfurt Slot Utilization: Arrival/Departure/Mix – Daily Curves Summer 2026 Summer 2026 Movements capped at 104 mov/h
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Fraport AG APPENDICES MULTI ANNUAL FRANKFURT AVIATION CHARGE AGREEMENT 2025 PASSENGERS O&D +6.8% 2025 PASSENGERS CONNECTING +5.0% 2025 OTHER PRICES +5.7% 2026 PASSENGERS O&D +4.5% 2026 PASSENGERS CONNECTING +3.5% 2026 OTHER PRICES +3.9% 2027 PASSENGERS O&D +4.0% 2027 PASSENGERS CONNECTING +3.0% 2027 OTHER PRICES +3.4% 2028 PASSENGERS O&D +3.0% 2028 PASSENGERS CONNECTING +2.5% 2028 OTHER PRICES +2.7% 3Q26 Presentation, November 202646
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Fraport AG APPENDICES FRANKFURT INTERCONT. INCENTIVE SCHEME FOR DEPARTING PAX 2024 EXP. O&D DEP. PASSENGERS 6.3MN 2024 EXP. CONNECTING DEP. PAX 5.4MN 2025 O&D THRESHOLD +3.8% 2025 CONNECTING THRESHOLD +1.3% 2026 O&D THRESHOLD +9.5% 2026 CONNECTING THRESHOLD +9.2% 2027 O&D THRESHOLD +12.1% 2027 CONNECTING THRESHOLD +15.6% 2028 O&D THRESHOLD +14.1% 2028 CONNECTING THRESHOLD +19.6% 3Q26 Presentation, November 202647 Threshold vs. 2024e PAX Equivalent to: c.0.2MN PAX Equivalent to: c.0.1MN PAX Equivalent to: c.0.6MN PAX Equivalent to: c.0.5MN PAX Equivalent to: c.0.8MN PAX Equivalent to: c.0.8MN PAX Equivalent to: c.0.9MN PAX Equivalent to: c.1.1MN PAX 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Relative to 2024e EUR 15 kick-back per O&D EUR 7.5 per connecting
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Fraport AG48 3Q26 Presentation, November 2026 APPENDICES NEW GERMAN PUBLIC SECTOR BARGAINING AGREEMENT 2025 2026 2027 • Wage increase of 3 % as of April 1st • Minimum step up of 110 EUR per month • Increase in allowance for shift work as of July 1st • Wage increase of 2.8 % as of May 1st • Increase in annual bonus* by up to 35 PP to 85% based on a monthly salary • Possibility to increase working hours from 39 to 42 per week • One additional day off Wage Agreement Settled until March 31st, 2027 *bonus = percentage of 3 month average monthly salary
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Fraport AG49 3Q26 Presentation, November 2026 APPENDICES DATES 6M 9M 2026 Financial Calendar 3M AGM Mar 17, 2026 May 05, 2026 Aug 6, 2026 Nov 4, 2026May 12, 2026 FY Oct 13, 2026 Nov 12, 2026 Jan 18, 2027Dec 11, 2026 3M 4M 5M 6M Jul 13, 2026Jun 12, 2026 Sep 11, 2026 7M Aug 13, 2026 8M 9M 10 M 11 M 12 M May 15, 2026Apr 15, 2026 2026 Traffic Calendar