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29 July 2026 Results Presentation For the six-month period ended 30 June 2026
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Disclaimer Results Presentation H1 2026 2 This report shows the most important data concerning Aena S.M.E., S.A. and its subsidiaries (‘Aena’ or ‘the Company’) and its management during the first six months of 2026, including the most relevant information on all business areas, the main figures and the lines of action that have guided the management of the Company. Any form of use or exploitation of the contents of this presentation, as well as the use of the brand signs, trademarks and logos contained therein, and any type of reproduction, distribution, transfer to third parties, public communication or transformation, through any type of instrument or medium, for commercial purposes, is expressly prohibited without the prior and express authorisation of Aena S.M.E., S.A. Failure to comply with this restriction may constitute a sanctionable violation under applicable law. Neither Aena S.M.E., S.A., nor its subsidiaries or other companies of the Aena group or affiliated companies of Aena S.M.E., S.A., nor directors, nor executives, nor employees assumes responsibility of any kind, regardless of whether or not they are negligent, for any damages or losses that may arise from any use of this document or its contents. * This presentation has not been approved or registered by the National Securities Market Commission (CNMV) or any other authority. * This document does not constitute an offer or invitation to purchase or subscribe shares, in accordance with the provisions of (i) Act 6/2023, of 6 March, on the Securities Markets and investment services; (ii) Regulation (EU) 2017/1129 of the European Parliament and of the Council, of 14 June 2017, on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC; (iii) Royal Decree-Law 5/2005, of 11 March, on urgent reforms to boost productivity and improve public procurement; (iv) Royal Decree 814/2023, of 8 November, on financial instruments, admission to trading, registration of marketable securities and market infrastructures; and (v) their development regulations. * Neither this document nor any part thereof is contractual in nature, nor may they be used to integrate or interpret any contract or any other type of commitment. * Aena S.M.E., S.A. considers the estimates contained herein to be reasonable, forward-looking expectations and projections, although investors and holders of Aena S.M.E., S.A. shares are cautioned that forward-looking information and statements are subject to risks and uncertainties, many of which are difficult to foresee and beyond the control of Aena S.M.E., S.A. These risks could cause actual results and performance to differ substantially from expectations that may result from or which may be implied in the information contained in this presentation. Factors of a macroeconomic nature, the market situation, legal or regulatory amendments, movements in domestic and international stock markets, and any other element that may affect the actual performance of the estimates contained in this presentation are unknown or unforeseeable variables, or where there is uncertainty about their development and/or their potential impacts, they may cause the results to differ substantially from those described in the forecasts and estimates. * The forward-looking assertations or statements contained in this presentation refer exclusively to the date on which they are stated, do not constitute any guarantee of future results and have not been reviewed by the auditors of Aena S.M.E., S.A., or by any independent third party. Except to the extent required by applicable law, Aena S.M.E., S.A. assumes no obligation—even if new data is published or new events transpire—to publicly update its statements or to review the information with forward- looking statements. All forward-looking assertations or statements reflected in or relating to this document issued by Aena S.M.E., S.A. or by any of its directors, executives, employees or representatives are expressly subject to the advisories stated. * Past financial statements and previous growth rates are not a guarantee of the actual performance, future results or share price and performance (including earnings per share). * In light of the advisories stated, it is recommended that decisions not be made based on forward- looking assertations or statements. Whoever may want to buy any stock, at any time, should only do so following their own judgment about the suitability of the same for their purpose, in exclusive compliance with the public information contained in the documentation prepared and recorded by the issuer in the context of the specific offer or issue that corresponds, having received appropriate professional advice, if deemed necessary or appropriate under the circumstances, and not based on the information contained in this presentation. Those persons or entities that may have to make decisions or prepare or disseminate opinions regarding securities issued by Aena S.M.E., S.A. and, in particular, analysts and investors who handle this presentation, must take into account the advisories stated, with it being advisable that they consult the documentation and public information communicated or registered by Aena S.M.E., S.A. with the National Securities Market Commission. In particular, please note that this document contains unaudited financial information.
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1 Key highlights 2 Business trends 3 Financial results 4 Appendices
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4 Key highlights Total revenue: 3,299.6 €m (+€303.7 m, +10.1%), excluding IFRIC: 3,159.4 (+8.3%). EBITDA: 1,798.9 €m (+€106.6 m, +6.3%). Net profit: 1,002.0 €m (+€108.2 m, +12.1%). Traffic: Passenger traffic of the Aena Group1 has grown to 190.0 million (+3.9% compared to H1 20252). At network airports in Spain, traffic increased by +3.7% (to 156.2 million passengers). Traffic expectations for 2026 take into account the following factors: • Prior to the Strait of Hormuz crisis, traffic performance was broadly in line with Aena’s expectations, with growth rates below 3%. Since the onset of the crisis, some traffic has been diverted to Spain, which has been perceived as a safe tourist destination. • Some constraints in rail transport are diverting passengers to air travel. • The weakness observed in load factors has resulted in traffic growth lagging capacity growth. • Visibility for the second half of the year remains limited due to the expiry of fuel hedging programmes and the high level of uncertainty surrounding the conflict in the Middle East, particularly regarding future airline capacity deployment and load factors. Taking all these factors into account, Aena estimates that traffic growth in 2026 could be around 3% compared with 2025. 1 Total passengers in the Spanish airport network, London Luton Airport, the six airports of the Northeast Brazil Airport Group (ANB), the eleven airports of the Block of Eleven Airports in Brazil (BOAB) and the traffic of Leeds Bradford Airport. Not including traffic at airports of non-consolidated associates. 2 For comparative purposes, the calculation includes the number of passengers for Leeds Bradford Airport in the first half of 2025. Aena completed the acquisition on 7 May 2026. Regulated activity: The DORA III is continuing through the approval process. On 26 May, the CNMC issued its non-binding supervisory and regulatory report within the scope of its remit. The final DORA must be approved by the Council of Ministers before 30 September 2026. Results Presentation H1 2026
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5 Key highlights International activity: Total revenue: 529.1 €m (+24.5%) (excluding IFRIC impact: 388.9 €m). EBITDA €189.0 m (-3.8%). Excluding the insurance compensation recognised at London Luton Airport in the first half of 2025 related to the reconstruction of the car park, as well as Augusta’s contribution since 7 May 2026, EBITDA would have increased by +12.4% year on year, or €20.4 million. On 7 May 2026 Aena completed the acquisition of a 51% interest in the holding company that owns 100% of Leeds Bradford Airport and 49% of Newcastle Airport. On 30 March 2026, Aena was awarded under a sale assisted process 100% of the concession operator of Rio de Janeiro-Galeão International Airport for a total of R$2,900 million (approximately €490.7 million at 30 June 2026) 1. Investment made: €916.3 m. This amount mainly comprises investments made in airport infrastructure (€576.3 million) and the acquisition of a 51% interest in the holding company Augusta (Leeds Bradford and Newcastle) for €340.0 million. Real estate services: Total revenue: +15.3%. Noteworthy were the awards of two surface rights for the development and operation of the first hotel projects in Aena’s airport network in Spain: one to Barceló at Adolfo Suárez Madrid-Barajas Airport and another to Momentum (Hyatt) at Josep Tarradellas Barcelona-El Prat Airport. Commercial activity: Total sales: +5.9% Total sales per passenger: +2.1%. Revenue from fixed and variable rents invoiced: +9.6%. Food and beverage: The MAG from the contracts awarded in the first half of 2026 represents an overall increase compared to the 2025 MAG of 11% in 2027 and 37% in 2028. Specialty shops: The MAG from the contracts awarded in the first half of 2026 represents an overall increase compared to the 2025 MAG of 82% in 2027 and 83% in 2028. VIP services: revenue growth of +31.7% (to €124.7 million), driven by VIP lounges (+26% to €98 million). 1 The acquisition is subject to the execution of the sale and purchase agreement with the current shareholders, once the relevant regulatory approvals have been obtained and the other conditions set out in the tender documents have been met; the transaction is expected to be completed in the second half of 2026. Results Presentation H1 2026
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6 Key highlights 1 Total passengers in the Spanish airport network, London Luton Airport, the six airports of the Northeast Brazil Airport Group (ANB), the eleven airports of the Block of Eleven Airports in Brazil (BOAB) in Brazil and the traffic of Leeds Bradford Airport. Not including traffic at airports of non-consolidated associates. For comparative purposes, the calculation of the change includes the number of passengers for Leeds Bradford Airport in the first half of 2025. Aena completed the acquisition on 7 May 2026. 2 Other operating income, Región de Murcia International Airport and adjustments. Passengers1 (m): +3.9% Spanish network (+3.7%) Luton (+5.1%) ANB (+6.4%) BOAB (+2.8%) Spanish network: Markets: Domestic: +0.9%. International: +5.1%. Countries: United Kingdom: +5.2%; Germany: -0.8%; Italy: +6.1%. Airports: Alicante-Elche Airport: +9.3%. Málaga-Costa del Sol Airport: +6.7%. Barcelona-El Prat Josep Tarradellas Airport: +4.4%. Adolfo Suárez Madrid-Barajas Airport: +4.2%. Airlines: Ryanair, -1.1% (20.9% share of total). Vueling Airlines, S.A., +5.3% (15.5%). Iberia, -0.7% (6.9%). Total Revenue (€m): +10.1% (excluding IFRIC 12: +8.3%) Driven by greater volumes of traffic, increased aeronautical charges (since March 2026), improved commercial activity and increased construction services (€140.2 million in H1 2026 compared to €79.0 million in H1 2025). Revenue from the international segment, excluding construction services, amounted to €388.9 million in H1 2026, up +12.4% (€346.0 million in H1 2025). Ordinary aeronautical revenue (+8.3%) Ordinary commercial revenue (+7.1%) Ordinary real estate services revenue (+15.0%) Ordinary international revenue (+27.9%) Other2 (-30.9%) Leeds Bradford (+3.3%) H1 2025H1 2026 2.1 2.0 33.7 48.7 156.2 14.3 8.6 8.8 150.6 13.9 8.1 8.3 1,682.0 529.1 70.8 983.9 1,552.7 413.8 61.6 919.1 Results Presentation H1 2026 H1 2025H1 2026
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7 Key highlights OPEX1 Aena Group (€m): +13.5% (excluding IFRIC 12: +9.4%) Aena S.M.E., S.A.2 (+9.4%) Luton (+1.7%) ANB (+11.8%) BOAB +(61.9%) Group: Staff costs: +11.8%. Other operating expenses: +15.3% (excluding IFRIC 12, +9.3%). Breakdown of OPEX1 Aena S.M.E. S.A.: +9.4% Other operating expenses (+9.7%) Staff costs (+11.2%) Supplies (+0.2%) 1 OPEX includes: Supplies, Staff costs and Other operating expenses. Staff Costs: (+11.2%) arising mainly from salary reviews, headcount growth, adjustments to variable remuneration and increased social security costs. Other operating expenses: Maintenance (+21.5%), security (+9.8%), PRM (+15.4%), professional services (+8.8%) and VIP lounges (+35.2%). Leeds Bradford (N/A) Other (+11.9%) 11.9 N/A 170.6 7.6 24.7 1,151.6 132.6 10.6 1,052.5 105.322.1 130.4 Results Presentation H1 2026 H1 2025H1 2026 H1 2025H1 2026
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8 Key highlights Excluding insurance compensation for the reconstruction of the car park at London Luton Airport recognised in H1 2025, EBITDA would have risen by +8.3% (+€138.2 million). The EBITDA margin, excluding both construction services (IFRIC 12) and insurance compensation for the reconstruction of the Luton car park, would be 56.9% (56.9% in H1 2025). EBITDA 1 (€m): +6.3% Net profit (€m): +12.1% 1 Reported EBITDA. EBITDA margin 56.5%54.5% Net cash from operating activities (€m): +8.0% 1,46x 2025 Net financial debt/EBITDA1 1,73x H1 2026 Lower depreciation (€-5.0 million) and lower net finance expenses (€-28.3 million). EBITDA increased by €106.6 million, of which €8.0 million relates to Augusta (Leeds Bradford and Newcastle). Results Presentation H1 2026 H1 2025H1 2026 H1 2025H1 2026 H1 2025H1 2026
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9 51.6% 1,702.1 €m (+8.1%) 1,231.1 €m (+5.0%) 752.0 €m (+7.3%) EBITDA margin: 44.2% Aeronautical Airports1 991.0 €m (+6.7%) 235.0 €m (+5.8%) 806.1 €m (+6.4%) EBITDA margin: 81.3% Commercial Airports1 71.7 €m (+15.3%) 25.8 €m (-12.6%) 54.0 €m (+30.6%) EBITDA margin: 75.3% Real estate services1 529.1 €m (+24.5%) 414.0 €m (+43.4%) 189.0 €m (-3.8%) EBITDA margin: 35.7% International EBITDA margin: 44.5% EBITDA margin: 81.5% EBITDA margin: 66.5% EBITDA margin: 46.2% Performance by business linesKey highlights 1 Excluding Región de Murcia International Airport and adjustments among segments. 2 Excluding the impact of IFRIC 12, total revenue would be €388.9 million (12.4%); total expenses would amount to €273.8 million (30.5%) and the EBITDA margin would be 48.6% (56.8% in H1 2025). Total revenue: 3,299.6 €m (+10.1%) Total expenses: 1,912.8 €m (+11.2%) EBITDA: 1,798.9 €m (+6.3%) EBITDA margin: 54.5% 2025 EBITDA margin H1 2025: 56.5% H1 2026 30.0% 2.2% 16.0% 64.4% 12.3% 1.3% 21.6% 41.8% 44.8% 3.0% 10.5% Results Presentation H1 2026
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10 Q1 Q2 1H Q3 Q4 2025 % change Q1 % change Q2 % change 1H % change Passengers (m) 63.5 86.7 150.2 96.1 74.3 320.6 4.0% 65.5 3.1% 90.3 4.2% 155.8 3.7% Total Ordinary Revenue (Aeronautical + Commercial + Real Estate) 1,141.0 1,392.4 2,533.4 1,531.2 1,292.7 5,357.3 6.7% 1,205.5 5.7% 1,531.3 10.0% 2,736.8 8.0% Ordinary Aeronautical Revenue (€m) 673.5 879.2 1,552.7 962.2 782.1 3,297.0 4.8% 708.8 5.2% 973.2 10.7% 1,682.0 8.3% Ordinary Commercial Revenue (includes Real Estate) (€m) 467.4 513.2 980.7 569.1 510.6 2,060.3 9.9% 496.7 6.3% 558.1 8.7% 1,054.8 7.6% OPEX2 591.1 461.5 1,052.5 475.4 501.7 2,029.6 6.0% 637.9 7.9% 513.6 11.3% 1,151.6 9.4% EBITDA 558.7 940.9 1,499.7 1,077.8 827.0 3,404.4 6.8% 578.0 3.5% 1,034.1 9.9% 1,612.2 7.5% EBITDA margin 48.4% 66.7% 58.4% 69.3% 62.0% 62.4% -0.2pp 47.4% -1.0pp 66.9% +0.2pp 58.3% -0.1pp Total Ordinary Revenue (Aeronautical + Commercial + Real Estate) per passenger (€/pax) 18.0 16.1 16.9 15.9 17.4 16.7 2.6% 18.4 2.5% 17.0 5.6% 17.6 4.1% Total Ordinary Aeronautical Revenue per passenger (€/pax) 10.6 10.1 10.3 10.0 10.5 10.3 0.8% 10.8 2.0% 10.8 6.3% 10.8 4.4% Total Ordinary Commercial Revenue (includes Real Estate) per passenger (€/pax) 7.4 5.9 6.5 5.9 6.9 6.4 5.7% 7.6 3.0% 6.2 4.4% 6.8 3.7% OPEX2 per passenger (€/pax) 9.3 5.3 7.0 4.9 6.8 6.3 2.0% 9.7 4.7% 5.7 6.8% 7.4 5.5% OPEX2 (normalising Taxes) per passenger (€/pax) 7.5 5.8 6.5 5.3 7.3 6.3 1.9% 8.0 6.9% 6.1 5.6% 6.9 6.3% EBITDA per passenger (€/pax) 8.8 10.9 10.0 11.2 11.1 10.6 2.8% 8.8 0.3% 11.5 5.5% 10.3 3.6% Key highlights Aena S.M.E. S.A.1 1 Excluding Región de Murcia International Airport. 2 OPEX includes: Supplies, Staff costs and Other operating expenses. 2025 2026 Ratios per passenger In H1 2026, there was a dilution of €71.0m (€43.7m in H1 2025) Results Presentation H1 2026
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1 Key highlights 2 Business trends 3 Financial results 4 Appendices
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12 Passengers, aircraft movements and cargo Monthly trend in passenger traffic2 Spanish Network H1 2026 H1 2025 Change % H1 2026 / H1 2025 Passengers 156,246,234 150,602,278 +3.7% Operations 1,332,699 1,281,139 +4.0% Cargo (Tonnes) 664,355 637,551 +4.2% H1 2026 H1 2025 Change in traffic Passengers (m) Monthly change (%) In the Spanish airport network, domestic traffic3 is up by 0.9% whereas international traffic3 is up by 5.1%. 2 Total passengers in the Spanish airport network. Luton H1 2026 H1 2025 Change % H1 2026 / H1 2025 Passengers 8,772,570 8,344,496 +5.1% Operations 66,531 65,074 +2.2% Cargo (Tonnes) 10,088 14,630 -31.0% Northeast Brazil Airport Group (ANB) H1 2026 H1 2025 Change % H1 2026 / H1 2025 Passengers 8,590,002 8,076,600 +6.4% Operations 76,934 74,742 +2.9% Cargo (Tonnes) 34,500 32,055 +7.6% Block of Eleven Airports in Brazil (BOAB) H1 2026 H1 2025 Change % H1 2026 / H1 2025 Passengers 14,264,219 13,872,694 +2.8% Operations 142,810 147,119 -2.9% Cargo (Tonnes) 30,669 28,824 +6.4% Traffic data 3 Commercial passengers do not include transfers or other types of traffic. JAN FEB MAR APR MAY JUN Leeds Bradford1 H1 2026 H1 2025 Change % H1 2026 / H1 2025 Passengers 2,091,743 2,025,013 +3.3% Operations 17,727 17,265 +2.7% Cargo (Tonnes) 0 0 n.a. 1 For comparative purposes, the calculation of the change includes the number of passengers for Leeds Bradford Airport in the first half of 2025. Aena completed the acquisition in May 2026. Results Presentation H1 2026
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13 Airports/ Groups(2) Passengers (1) (m) Change (%) Share (%) % change Domestic(3) % change International(3) Adolfo Suárez Madrid- Barajas Airport 34.1 4.2% 21.8% 1.0% 5.3% Barcelona-El Prat Josep Tarradellas Airport 28.4 4.4% 18.2% 1.7% 5.3% Palma de Mallorca Airport 14.9 2.2% 9.5% 0.3% 3.0% Canary Islands Group 26.8 -0.7% 17.2% -0.2% -0.8% Group I 44.9 5.8% 28.8% -2.3% 9.3% Group II 6.1 6.7% 3.9% 12.7% -1.2% Group III 1.1 10.0% 0.7% 11.9% -7.9% TOTAL 156.2 3.7% 100% 0.9% 5.1% 1 Total passengers in the Spanish airport network. 2 Canary Islands Group: El Hierro Airport, Fuerteventura Airport, Gran Canaria Airport, La Gomera Airport, La Palma Airport, César Manrique-Lanzarote Airport, Tenerife Norte-Ciudad de La Laguna Airport and Tenerife Sur Airport. Group I: Región de Murcia International Airport, Alicante-Elche Airport, Bilbao Airport, Ibiza Airport, Málaga-Costa del Sol Airport, Menorca Airport, Santiago-Rosalía de Castro Airport, Sevilla Airport and Valencia Airport. Group II: A Coruña Airport, Almería Airport, Asturias Airport, F.G.L. Granada-Jaén Airport, Girona-Costa Brava Airport, Jerez Airport, Reus Airport, Seve Ballesteros-Santander Airport, Vigo Airport and Zaragoza Airport. Group III: Albacete Airport, Algeciras Heliport, Badajoz Airport, Burgos Airport, Ceuta Heliport, Córdoba Airport, Huesca- Pirineos Airport, León Airport, Logroño-Agoncillo Airport, Madrid-Cuatro Vientos Airport, Melilla Airport, Pamplona Airport, Sabadell Airport, Salamanca Airport, San Sebastián Airport, Son Bonet Airport, Valladolid Airport and Vitoria Airport. 3 Percentages calculated based on commercial traffic. Breakdown of passenger traffic1 by markets Passenger traffic1 by airports and groups of airports Europe (excl. Spain) Total H1 2026 Europe (excl. Spain) H1 2026 Spain Africa Middle East Asia and Others Latin America/ Caribbean North America (USA, Canada and Mexico) Rest of Europe Traffic data Results Presentation H1 2026
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14 Summary of commercial revenue of Aena S.M.E., S.A. H1 2026 H1 2025 € million % Total Business 1,032.2 947.3 84.9 9.0% Revenue from Fixed and Variable Rents invoiced in the period 895.6 816.9 78.6 9.6% MAG revenue to be invoiced 136.7 130.4 6.2 4.8% Straight-lining and other adjustments 22.6 33.3 -10.7 -32.2% Total Ordinary Revenue 1,054.8 980.7 74.1 7.6% Commercial and Real Estate Services Revenue (millions of euros) Revenue Change H1 2026/H1 2025 Results Presentation H1 2026
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15 1 Includes banking services, baggage-wrapping machines, telecommunications, vending machines, etc. 2 Includes VIP lounge rental, VIP packages, other lounges, fast-track and fast-lane. Business area (thousands of euros) H1 2026 H1 2025 Thousands of € % Retail 549,568 532,568 17,000 3.2% Duty-free shops 262,100 262,800 -700 -0.3% Food and beverage 189,004 177,097 11,907 6.7% Specialty shops 72,668 66,095 6,573 9.9% Commercial operations1 25,796 26,576 -780 -2.9% Mobility 239,247 224,271 14,976 6.7% Car parks 113,152 103,763 9,389 9.0% Car rental 126,095 120,508 5,587 4.6% Advertising 13,836 12,862 974 7.6% VIP services2 124,724 94,672 30,052 31.7% Leases 19,099 19,977 -878 -4.4% Commercial utilities 37,346 34,556 2,791 8.1% Other Commercial 124 177 -53 -30.0% Commercial 983,945 919,082 64,863 7.1% Real Estate Services 70,847 61,582 9,265 15.0% Total Commercial (including Real Estate Services) 1,054,791 980,664 74,127 7.6% Revenue Change Summary of ordinary commercial revenue of Aena S.M.E., S.A. Results Presentation H1 2026
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16 MAG and Committed Fixed Rents 2026-2028 (millions of euros) MAG and Committed Fixed Rents 2026-2028 Tenders in 2025: The figures include Región de Murcia International Airport. Real Estate (Leases and Financial Services): For contracts subject to CPI, an increase of 1% has been assumed. For contracts associated with high turnover assets (offices/warehouses) necessary to support other airport activities, it has been assumed that they remain at the same current contract volume. • Specialty shops: in the first half of 2026, 31 tenders (63 premises) were published, of which 22 tenders (44 premises) have been awarded. The MAG from the awarding of these tenders represent an overall increase in the 2025 MAG of 82% in 2027 and 83% in 2028. These contracts have been awarded at various airports, with a significant contribution from: Adolfo Suárez Madrid-Barajas Airport, Barcelona-El Prat Josep Tarradellas Airport, Palma de Mallorca Airport, Málaga-Costa del Sol Airport and Alicante-Elche Airport. • Food and beverage: in the first half of 2026, 25 tenders (51 premises) were published, of which 20 tenders (41 premises) have been awarded. The MAG from the awarding of these tenders represent an overall increase in the 2025 MAG of 11% in 2027 and 37% in 2028 (including rents from the new premises). These contracts are concentrated at the following airports: Barcelona-El Prat Josep Tarradellas Airport, Málaga- Costa del Sol Airport and Palma de Mallorca Airport 2026 2027 2028 Results Presentation H1 2026
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17 €m First Quarter Second Quarter First Half 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 Passengers (m) 65.5 63.5 2.0 3.1% 90.3 86.7 3.6 4.2% 155.8 150.2 5.6 3.7% Other operating expenses 440.1 410.4 29.6 7.2% 314.4 277.3 37.0 13.4% 754.4 687.7 66.7 9.7% Taxes 152.2 155.7 -3.5 -2.3% 0.9 0.7 0.2 35.5% 153.0 156.3 -3.3 -2.1% Electricity 28.6 31.0 -2.4 -7.7% 28.4 27.3 1.2 4.3% 57.1 58.3 -1.2 -2.1% Maintenance 73.2 61.0 12.2 20.1% 72.8 59.2 13.6 23.0% 146.0 120.1 25.9 21.5% Security 66.0 60.8 5.2 8.5% 76.2 68.6 7.5 11.0% 142.1 129.4 12.7 9.8% Cleaning and baggage trolleys 21.8 20.9 0.8 3.9% 25.1 24.1 1.0 4.3% 46.9 45.0 1.9 4.1% PRM service 23.7 19.2 4.5 23.7% 30.1 27.4 2.6 9.6% 53.8 46.6 7.2 15.4% Professional services 17.6 15.0 2.5 16.9% 19.2 18.8 0.4 2.3% 36.8 33.8 3.0 8.8% VIP lounges 14.7 10.9 3.8 35.0% 19.2 14.2 5.0 35.4% 33.9 25.1 8.8 35.2% Parking management services 6.7 6.7 0.0 0.2% 6.8 6.7 0.1 2.2% 13.5 13.4 0.2 1.2% Risks (excluding fines and penalties) 0.7 0.6 0.1 14.3% 1.1 0.6 0.5 80.8% 1.8 1.3 0.6 46.4% Other 35.0 28.6 6.3 22.1% 34.5 29.8 4.7 15.8% 69.5 58.4 11.0 18.9% TOTAL (excluding Electricity) 411.4 379.4 32.0 8.4% 285.9 250.1 35.9 14.3% 697.4 629.5 67.9 10.8% Breakdown of Other operating expenses for Aena S.M.E., S.A. Results Presentation H1 2026
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18 Breakdown of Other operating expenses for Aena S.M.E., S.A. €/pax First Quarter Second Quarter First Half 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 Other operating expenses 6.72 6.46 0.26 4.0% 3.48 3.20 0.28 8.8% 4.84 4.58 0.26 5.8% Taxes 2.32 2.45 -0.13 -5.2% 0.01 0.01 0.00 30.1% 0.98 1.04 -0.06 -5.6% Electricity 0.44 0.49 -0.05 -10.5% 0.31 0.31 0.00 0.1% 0.37 0.39 -0.02 -5.6% Maintenance 1.12 0.96 0.16 16.4% 0.81 0.68 0.12 18.1% 0.94 0.80 0.14 17.2% Security 1.01 0.96 0.05 5.2% 0.84 0.79 0.05 6.5% 0.91 0.86 0.05 5.9% Cleaning and baggage trolleys 0.33 0.33 0.00 0.7% 0.28 0.28 0.00 0.2% 0.30 0.30 0.00 0.4% PRM service 0.36 0.30 0.06 19.9% 0.33 0.32 0.02 5.2% 0.35 0.31 0.03 11.3% Professional services 0.27 0.24 0.03 13.4% 0.21 0.22 0.00 -1.8% 0.24 0.23 0.01 4.9% VIP lounges 0.22 0.17 0.05 30.9% 0.21 0.16 0.05 30.0% 0.22 0.17 0.05 30.3% Parking management services 0.10 0.11 0.00 -2.9% 0.08 0.08 0.00 -1.9% 0.09 0.09 0.00 -2.5% Risks (excluding fines and penalties) 0.01 0.01 0.00 10.8% 0.01 0.01 0.01 73.5% 0.01 0.01 0.00 41.1% Other 0.53 0.45 0.08 18.4% 0.38 0.34 0.04 11.1% 0.45 0.39 0.06 14.6% TOTAL (excluding Electricity) 6.28 5.97 0.31 5.2% 3.17 2.88 0.28 9.8% 4.48 4.19 0.29 6.8% Results Presentation H1 2026
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19 Aena S.M.E., S.A. €m H1 2026 2025 Gross financial debt 6,307 6,073 Cash and cash equivalents (1,194) (1,605) Net financial debt 5,113 4,468 Net financial debt/EBITDA1 1.46x 1.31x Distribution of debt by type and average interest rate for the period 2.54% 2.34% H1 2026 2025 Average rateFixed Variable Aena Group €m H1 2026 2025 Gross financial debt 8,113 7,557 Cash and cash equivalents (1,389) (2,048) Net financial debt 6,724 5,509 Net financial debt/EBITDA1 1.73x 1.46x 1 General Accounting Plan. EBITDA (last twelve months). 1 Consolidated accounted net financial debt calculated as: Financial debt (current and non-current) less Cash and cash equivalents. EBITDA of the last 12 months. Net Financial Debt (covenants) Results Presentation H1 2026
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20 Passengers (m): + 5.1% Revenue (£m): +4.4% Aeronautical revenue: 8.9% (up to ₤91.7 m). Commercial revenue*: 11.3% (up to ₤95.8 m). EBITDA (£m): -25.3% EBITDA margin 38.4% 53.6% Luton * In H1 2025, ₤9.4 million were recognised under “Other operating income” relating to insurance compensation for lost profits and for incremental operating costs resulting from the car park fire. Excluding the items recognised in H1 2025 arising from the car park fire: • EBITDA for H1 2025 would be ₤72.3 million, and the year-on- year change would reflect a decrease of -0.5% and ₤-0.4 million. • the EBITDA margin would be 41.5% in H1 2025. H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 Contribution of €83.0 million to the Group’s EBITDA in H1 2026. In the first half of 2026, passenger numbers exceeded those for the same period in 2019 (+3.0%). Results Presentation H1 2026
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21 Passengers (m): + 6.4% Revenue (R$m): +11.7% Aeronautical: +8.6%, (R$221.4 m). Commercial: +19.5% (R$129.6 million), driven mainly by increased revenue from car rentals, food and beverage, and cargo activities. Construction services revenue (IFRIC 12): +2.7% (R$20.2 m). EBITDA (R$m): +16.3% Capex (€m)1: +8.5% EBITDA margin 60.5% 58.1% 312.7 Northeast Brazil Airport Group (ANB) 1 Euro/Brazilian Real exchange rate: 6.010 in H1 2026 and 6.2922 in H1 2025. Recife Airport reached 5.0 million passengers (+4.5%). Contribution of €37.4 million to the Group’s EBITDA in H1 2026. EBITDA margin (excl. IFRIC 12) 63.9% 61.7% H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 Progress is being made on modernising the airport infrastructure and improving its operational facilities. A contract has been awarded for the construction of the new intermodal terminal at Recife Airport, with a planned investment of R$88.6 million, to be carried out between 2026 and 2027 Results Presentation H1 2026
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22 Passengers (m): + 2.8% Revenue (R$m): +42.1% EBITDA (R$m): +17.0% Capex (€m)1: +78.2% EBITDA margin 27.0% 32.8% 312.7 Block of Eleven Airports in Brazil (BOAB) EBITDA margin (excl. IFRIC 12) 65.1% 63.4% H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 H1 2026 H1 2025 Congonhas Airport reached 12.2 million passengers (+4.1%). Aeronautical: +5.1%, (R$361.5 m). Commercial: +31.8% (R$220.7 million), driven mainly by increased revenue from advertising, food and beverage, VIP lounges and real estate revenue. Construction services revenue (IFRIC 12): +72.3%, (R$822.5 m). Contribution of €63.1 million to the Group’s EBITDA in H1 2026. On 4 June, the contractual milestone was reached for the handover of the Phase I-B works at nine airports (Campo Grande, Corumbá, Ponta Porã, Uberlândia, Uberaba, Montes Claros, Santarém, Marabá and Altamira). 1 Euro/Brazilian Real exchange rate: 6.010 in H1 2026 and 6.2922 in H1 2025. Results Presentation H1 2026
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23 Leeds Bradford Passengers (m): +3.3% Augusta (Leeds Bradford & Newcastle) H1 2026 H1 2025 • The contribution of Augusta in the first half of 2026 relates to the operations carried out since 7 May 2026. • Revenue totalled ₤13.5 million. 75.7% corresponds to commercial revenue (₤10.3 million) and the remainder 24.3% to aeronautical revenue (₤3.3 million). • EBITDA amounted to ₤6.9 million and the EBITDA margin stood at 51.0%. • The results of Leeds Bradford were consolidated in the Group’s financial statements, while the investment in Newcastle was accounted for using the equity method. Results Presentation H1 2026
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1 Key highlights 2 Business trends 3 Financial results 4 Appendices
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25 Ordinary revenue 3,272.7 2,953.7 319.0 10.8% Airports: Aeronautical 1,682.0 1,552.7 129.3 8.3% Airports: Commercial 983.9 919.1 64.8 7.1% Real Estate Services 70.8 61.6 9.2 15.0% Región de Murcia International Airport 6.9 6.7 0.2 2.8% International 529.1 413.8 115.3 27.9% Adjustments(1) -0.1 -0.1 0.0 -1.0% Other operating revenue 26.9 42.2 -15.3 -36.2% Total revenue 3,299.6 2,995.9 303.7 10.1% Supplies -81.2 -81.0 0.2 0.2% Staff costs -384.0 -343.6 40.4 11.8% Other operating expenses -1,033.7 -896.4 137.3 15.3% Losses on, impairment of and change in allowances for trade receivables -22.0 -8.6 13.4 156.2% Write-off of financial assets 16.9 0.0 16.9 n.a. Profit/(loss) from transactions with fixed assets -0.2 23.7 23.9 100.9% Impairment of intangible assets, property, plant and equipment, and real estate investments -0.2 0.0 0.2 n.a. Other profit/(loss) 3.8 2.3 1.5 63.4% Depreciation and amortisation of fixed assets -412.2 -417.2 -5.0 -1.2% Total operating expenses -1,912.8 -1,720.8 192.0 11.2% Reported EBITDA 1,798.9 1,692.3 106.6 6.3% % of Margin (of Total revenue) 54.5% 56.5% EBIT 1,386.8 1,275.1 111.7 8.8% % of Margin (of Total revenue) 42.0% 42.6% Finance income 72.4 40.2 32.2 80.0% Finance expenses -139.3 -117.5 21.8 18.5% Other net finance income/(expenses) 16.3 -1.6 17.9 1,117.4% Profit/(loss) and impairment of equity-accounted investees 14.9 20.1 -5.2 -25.7% Profit/(loss) before tax 1,351.1 1,216.3 134.8 11.1% Corporate income tax -339.7 -295.3 44.4 15.0% Consolidated profit/(loss) for the period 1,011.4 921.1 90.3 9.8% Profit/(loss) for the period attributable to non-controlling interests 9.5 27.3 -17.8 -65.3% Profit/(loss) for the period attributable to shareholders of the parent company 1,002.0 893.8 108.2 12.1% €m H1 2026 H1 2025 Change €m % Change 1 Adjustments among segments. Income statement Results Presentation H1 2026
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26 Profit/(loss) before tax 1,351.1 1,216.3 134.8 11.1% Adjustments for: 450.5 404.7 45.8 11.3% Depreciation and amortisation 412.2 417.2 -5.0 -1.2% Valuation adjustments for impairment of trade receivables 22.0 8.6 13.5 157.6% Value adjustments for the impairment of inventories 0.0 0.0 0.0 -100.0% Derecognition of financial assets -16.9 0.0 -16.9 n.a. Changes in provisions 0.2 -2.4 2.6 -106.3% Impairment of fixed assets 0.2 0.0 0.2 -782.1% Allocation of grants -11.3 -14.3 3.0 -21.2% (Profit)/loss on disposal of fixed assets 0.2 -23.7 23.9 -100.9% Valuation adjustments for impairment of financial instruments -0.2 -0.7 0.5 -72.2% Finance income -72.4 -40.2 -32.2 80.2% Finance expenses 144.2 126.7 17.4 13.8% Exchange differences -16.1 1.4 -17.5 -1,231.5% Finance expenses settlement for financial derivatives -4.9 -9.2 4.3 -46.9% Other revenue and expenses 8.2 -38.6 46.8 -121.3% Share in profits (losses) of companies accounted for by the equity method -16.0 -22.3 6.4 -28.5% Impairment of equity-accounted investees 1.0 2.2 -1.2 -54.0% H1 2026 H1 2025 Cash flow statement (1/3) Thousands of € % change (Millions of euros) Results Presentation H1 2026
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27 1H 2025 Cash flow statement (2/3) Thousands of € Net cash from operating activities 1,598.5 1,479.5 119.0 8.0% Payments for investments in Group companies and associates -257.6 0.0 -257.6 n.a. Acquisitions of property, plant and equipment -365.8 -359.7 -6.1 1.7% Acquisitions of intangible assets -206.6 -130.4 -76.2 58.4% Acquisitions of real estate investments -3.9 -0.2 -3.7 1,851.8% Payments for acquisitions of other financial assets -15.9 -21.0 5.2 -24.5% Proceeds from operations related to property, plant and equipment 2.7 11.9 -9.1 -77.0% Proceeds from other financial assets 29.9 0.2 29.7 12,580.9% Dividends received 10.2 12.6 -2.4 -19.3% Net cash used in investing activities -806.9 -486.6 -320.3 65.8% Changes in working capital: 28.1 32.1 -4.0 -12.4% Inventories 0.1 0.3 -0.2 -78.6% Trade and other receivables -107.3 -35.2 -72.2 205.3% Other current assets -15.9 -6.2 -9.6 154.1% Trade and other payables 163.4 76.3 87.1 114.1% Other current liabilities -1.1 -0.6 -0.5 94.6% Other non-current assets and liabilities -11.1 -2.6 -8.5 329.5% Other cash generated from operating activities -231.2 -173.6 -57.6 33.2% Interest paid -147.2 -90.4 -56.8 62.8% Interest charged 63.9 37.2 26.7 71.6% Taxes paid -147.9 -105.1 -42.8 40.7% Other amounts received (paid) 0.0 -15.4 15.4 -100.0% H1 2026 H1 2025 Thousands of € % change (Millions of euros) Results Presentation H1 2026
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28 H1 2026 H1 2025 Thousands of € % change Cash flow statement (3/3) Issue of equity instruments 3.3 0.0 3.3 n.a. Income from grants 0.9 6.0 -5.2 -85.7% Debentures and similar securities 500.0 90.2 409.8 454.3% Issuance of debt 28.8 572.8 -544.0 -95.0% Other income 39.0 37.2 1.7 4.7% Repayment of financial debt -104.5 -796.5 692.0 -86.9% Repayment of Group financing -244.7 -253.9 9.3 -3.6% Lease liability payments -6.8 -6.4 -0.4 6.1% Dividends paid -1,646.4 -1,475.5 -170.9 11.6% Other payments -31.8 -36.4 4.6 -12.7% Net cash flows from/(used in) financing activities -1,462.2 -1,862.5 400.3 -21.5% Effect of foreign exchange rate fluctuations 12.2 -1.4 13.6 -969.5% Net increase/(decrease) in cash and cash equivalents -658.4 -870.9 212.5 -24.4% Cash and cash equivalents at the beginning of the fiscal year 2,047.7 1,821.3 226.4 12.4% Cash and cash equivalents at the end of the fiscal year 1,389.2 950.3 438.9 46.2% Cash and cash equivalents at the end of the fiscal year 1,389,239 950,334 438,905 46.2%(Millions of euros) Results Presentation H1 2026
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1 Key highlights 2 Business trends 3 Financial results 4 Appendices
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30 Business lines First Quarter Second Quarter First Half 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 Retail 255,979 244,196 4.8% 275,134 258,969 6.2% 531,113 503,165 5.6% Duty-free shops 123,154 119,777 2.8% 121,859 117,356 3.8% 245,013 237,133 3.3% Food and beverage 86,257 79,033 9.1% 99,467 90,556 9.8% 185,724 169,589 9.5% Specialty shops 33,658 32,206 4.5% 40,617 36,790 10.4% 74,274 68,996 7.7% Commercial operations 12,910 13,180 -2.0% 13,192 14,268 -7.5% 26,102 27,448 -4.9% Mobility 109,296 102,425 6.7% 128,808 119,728 7.6% 238,104 222,154 7.2% Car parks 52,047 47,720 9.1% 61,105 56,042 9.0% 113,152 103,763 9.0% Car rental 57,250 54,705 4.7% 67,703 63,686 6.3% 124,952 118,391 5.5% Advertising 6,361 6,219 2.3% 7,738 6,750 14.6% 14,099 12,969 8.7% VIP services 55,334 42,049 31.6% 69,233 52,627 31.6% 124,568 94,676 31.6% Leases 9,442 9,847 -4.1% 9,657 10,130 -4.7% 19,098 19,977 -4.4% Commercial utilities 17,957 18,406 -2.4% 19,389 16,150 20.1% 37,346 34,556 8.1% Other Commercial 72 46 56.9% 52 131 -60.5% 124 177 -30.1% TOTAL 454,441 423,187 7.4% 510,010 464,486 9.8% 964,451 887,673 8.6% 1 Excluding Región de Murcia International Airport and the Real Estate Services business line. Revenue from Fixed and Variable Rents invoiced in the period + Revenue from MAG to be invoiced (thousands of euros) Appendix: Total Business1 Results Presentation H1 2026
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31 Business lines First Quarter Second Quarter First Half 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 Retail 3.91 3.84 1.7% 3.05 2.99 2.0% 3.41 3.35 1.8% Duty-free shops 1.88 1.89 -0.3% 1.35 1.35 -0.3% 1.57 1.58 -0.4% Food and beverage 1.32 1.24 5.8% 1.10 1.04 5.4% 1.19 1.13 5.6% Specialty shops 0.51 0.51 1.3% 0.45 0.42 6.0% 0.48 0.46 3.8% Commercial operations 0.20 0.21 -5.0% 0.15 0.16 -11.2% 0.17 0.18 -8.3% Mobility 1.67 1.61 3.5% 1.43 1.38 3.3% 1.53 1.48 3.3% Car parks 0.79 0.75 5.8% 0.68 0.65 4.7% 0.73 0.69 5.1% Car rental 0.87 0.86 1.5% 0.75 0.73 2.0% 0.80 0.79 1.7% Advertising 0.10 0.10 -0.8% 0.09 0.08 10.0% 0.09 0.09 4.8% VIP services 0.84 0.66 27.6% 0.77 0.61 26.3% 0.80 0.63 26.8% Leases 0.14 0.16 -7.0% 0.11 0.12 -8.5% 0.12 0.13 -7.8% Commercial utilities 0.27 0.29 -5.4% 0.21 0.19 15.2% 0.24 0.23 4.2% Other Commercial 0.00 0.00 52.1% 0.00 0.00 -62.1% 0.00 0.00 -32.6% TOTAL 6.94 6.66 4.1% 5.65 5.36 5.4% 6.19 5.91 4.7% Appendix: Total Business1 Revenue from Fixed and Variable Rents invoiced in the period + Revenue from MAG to be invoiced (euros per passenger) 1 Excluding Región de Murcia International Airport and the Real Estate Services business line. Results Presentation H1 2026
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32 Revenue from Fixed and Variable Rents invoiced in the period (thousands of euros) Business lines First Quarter Second Quarter First Half 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 Retail 156,977 150,664 4.2% 242,494 226,143 7.2% 399,471 376,807 6.0% Duty-free shops 76,402 72,321 5.6% 119,357 110,179 8.3% 195,760 182,500 7.3% Food and beverage 55,324 51,361 7.7% 83,033 76,994 7.8% 138,357 128,356 7.8% Specialty shops 19,660 20,309 -3.2% 33,356 30,656 8.8% 53,015 50,965 4.0% Commercial operations 5,591 6,673 -16.2% 6,749 8,314 -18.8% 12,339 14,987 -17.7% Mobility 108,868 102,158 6.6% 128,892 119,613 7.8% 237,760 221,771 7.2% Car parks 52,037 47,711 9.1% 61,095 56,033 9.0% 113,132 103,745 9.0% Car rental 56,831 54,447 4.4% 67,797 63,579 6.6% 124,628 118,026 5.6% Advertising 5,637 5,041 11.8% 8,269 7,097 16.5% 13,907 12,138 14.6% VIP services 55,024 41,977 31.1% 68,936 52,567 31.1% 123,960 94,544 31.1% Leases 9,442 9,847 -4.1% 9,657 10,130 -4.7% 19,098 19,977 -4.4% Commercial utilities 17,957 18,406 -2.4% 19,389 16,150 20.1% 37,346 34,556 8.1% Other Commercial 72 46 56.9% 52 131 -60.5% 124 177 -30.1% TOTAL 353,977 328,139 7.9% 477,689 431,830 10.6% 831,666 759,970 9.4% Appendix: Revenue from Fixed and Variable Rents invoiced in the period1 1 Excluding Región de Murcia International Airport and the Real Estate Services business line. Results Presentation H1 2026
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33 Business lines First Quarter Second Quarter First Half 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 Retail 2.40 2.37 1.0% 2.69 2.61 2.9% 2.56 2.51 2.2% Duty-free shops 1.17 1.14 2.4% 1.32 1.27 4.0% 1.26 1.22 3.4% Food and beverage 0.84 0.81 4.5% 0.92 0.89 3.5% 0.89 0.85 3.9% Specialty shops 0.30 0.32 -6.1% 0.37 0.35 4.4% 0.34 0.34 0.3% Commercial operations 0.09 0.11 -18.8% 0.07 0.10 -22.1% 0.08 0.10 -20.6% Mobility 1.66 1.61 3.3% 1.43 1.38 3.4% 1.53 1.48 3.4% Car parks 0.79 0.75 5.8% 0.68 0.65 4.7% 0.73 0.69 5.1% Car rental 0.87 0.86 1.2% 0.75 0.73 2.4% 0.80 0.79 1.8% Advertising 0.09 0.08 8.4% 0.09 0.08 11.9% 0.09 0.08 10.5% VIP services 0.84 0.66 27.1% 0.76 0.61 25.9% 0.80 0.63 26.4% Leases 0.14 0.16 -7.0% 0.11 0.12 -8.5% 0.12 0.13 -7.8% Commercial utilities 0.27 0.29 -5.4% 0.21 0.19 15.2% 0.24 0.23 4.2% Other Commercial 0.00 0.00 52.1% 0.00 0.00 -62.1% 0.00 0.00 -32.6% TOTAL 5.40 5.17 4.6% 5.29 4.98 6.2% 5.34 5.06 5.5% Appendix: Revenue from Fixed and Variable Rents invoiced in the period1 Revenue from Fixed and Variable Rents invoiced in the period per passenger (euros per passenger) 1 Excluding Región de Murcia International Airport and the Real Estate Services business line. Results Presentation H1 2026
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34 Revenue from Minimum Annual Guaranteed Rent (MAG) (thousands of euros) Business lines First Quarter Second Quarter First Half 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 Retail 99,002 93,532 5.8% 32,640 32,826 -0.6% 131,641 126,358 4.2% Duty-free shops 46,752 47,456 -1.5% 2,501 7,177 -65.2% 49,253 54,633 -9.8% Food and beverage 30,933 27,672 11.8% 16,434 13,562 21.2% 47,367 41,234 14.9% Specialty shops 13,998 11,897 17.7% 7,261 6,134 18.4% 21,259 18,031 17.9% Commercial operations 7,319 6,507 12.5% 6,443 5,954 8.2% 13,762 12,461 10.4% Mobility 429 267 60.5% -85 116 -173.3% 344 383 -10.1% Car parks 10 9 7.5% 10 9 14.3% 20 17.9 10.8% Car rental 419 258 62.4% -95 107 -188.6% 324 365 -11.1% Advertising 724 1,178 -38.6% -531 -346 53.4% 192 831 -76.9% VIP services 310 72 332.7% 298 60 394.0% 608 132 360.7% Leases 0 0 -100.0% 0 0 n.a. 0 0 -100.0% Commercial utilities 0 0 0.0% 0 0 n.a. 0 0 n.a. Other Commercial 0 0 0.0% 0 0 n.a. 0 0 n.a. TOTAL 100,464 95,048 5.7% 32,321 32,656 -1.0% 132,785 127,704 4.0% Appendix: Revenue from Minimum Annual Guaranteed Rent (MAG)1 1 Excluding Región de Murcia International Airport and the Real Estate Services business line. Results Presentation H1 2026
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35 Business lines First Quarter Second Quarter First Half 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 2026 2025 Change 2026/2025 Retail 1.51 1.47 2.6% 0.36 0.38 -4.6% 0.84 0.84 0.4% Duty-free shops 0.71 0.75 -4.5% 0.03 0.08 -66.5% 0.32 0.36 -13.1% Food and beverage 0.47 0.44 8.4% 0.18 0.16 16.3% 0.30 0.27 10.7% Specialty shops 0.21 0.19 14.1% 0.08 0.07 13.6% 0.14 0.12 13.7% Commercial operations 0.11 0.10 9.1% 0.07 0.07 3.9% 0.09 0.08 6.5% Mobility 0.01 0.00 55.6% 0.00 0.00 -170.4% 0.00 0.00 -13.3% Car parks 0.00 0.00 4.2% 0.00 0.00 9.7% 0.00 0.00 6.8% Car rental 0.01 0.00 57.5% 0.00 0.00 -185.1% 0.00 0.00 -14.3% Advertising 0.01 0.02 -40.4% -0.01 0.00 47.2% 0.00 0.01 -77.7% VIP services 0.00 0.00 319.6% 0.00 0.00 374.2% 0.00 0.00 344.1% Leases 0.00 0.00 -100.0% 0.00 0.00 n.a. 0.00 0.00 -100.0% Commercial utilities 0.00 0.00 0.0% 0.00 0.00 n.a. 0.00 0.00 n.a. Other Commercial 0.00 0.00 0.0% 0.00 0.00 n.a. 0.00 0.00 n.a. TOTAL 1.53 1.50 2.5% 0.36 0.38 -5.0% 0.85 0.85 0.2% Revenue from Minimum Annual Guaranteed Rent (MAG) per passenger (euros per passenger) Appendix: Revenue from Minimum Annual Guaranteed Rent (MAG)1 1 Excluding Región de Murcia International Airport and the Real Estate Services business line. Results Presentation H1 2026
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36 1 Total passengers in the Spanish airport network, London Luton Airport, the six airports of the Northeast Brazil Airport Group (ANB), the eleven airports of the Block of Eleven Airports in Brazil, and Leeds Bradford Airport. For comparative purposes, the calculation includes the number of passengers for Leeds Bradford Airport in the first half of 2025. Aena completed the acquisition on 7 May 2026. Not including traffic at airports of non-consolidated associates. 2 Net adjustment among segments €m First Quarter Second Quarter First Half 2026 2025 Change 2026 2025 Change 2026 2025 Change Traffic (thousands of passengers)1 81,263.9 78,312.3 3.8% 108,700.9 104,608.8 3.9% 189,964.8 182,921.1 3.9% Traffic in Spain (thousands of passengers) 65,631.2 63,615.2 3.2% 90,615.1 86,987.0 4.2% 156,246.2 150,602.3 3.7% Total Revenue 1,479.9 1,325.6 11.6% 1,819.7 1,670.3 8.9% 3,299.6 2,995.9 10.1% Aeronautical Revenue 708.8 673.5 5.2% 973.2 879.2 10.7% 1,682.0 1,552.7 8.3% Commercial Revenue 462.0 437.7 5.5% 521.9 481.4 8.4% 983.9 919.1 7.1% Real Estate Services 34.7 29.7 16.8% 36.1 31.9 13.3% 70.8 61.6 15.0% Región de Murcia International Airport 2.4 2.5 -5.9% 4.5 4.2 6.8% 6.9 6.7 2.8% International² 258.5 163.9 57.7% 270.6 249.9 8.3% 529.1 413.8 27.9% Other revenue 13.7 18.3 -25.0% 13.2 23.9 -44.7% 26.9 42.2 -36.2% Total operating expenses -1,021.2 -890.6 14.7% -891.6 -830.2 7.4% -1,912.8 -1,720.8 11.2% Supplies -40.2 -40.7 -1.1% -41.0 -40.3 1.6% -81.2 -81.0 0.2% Staff costs -187.9 -168.2 11.8% -196.1 -175.4 11.8% -384.0 -343.6 11.8% Other operating expenses -586.6 -483.0 21.4% -447.1 -413.4 8.2% -1,033.7 -896.4 15.3% Write-off of financial assets 0,0 0.0 n.a. 16.9 0.0 n.a. 16.9 0.0 n.a. Losses, impairment and provisions for commercial operations -3.4 -2.0 74.7% -18.6 -6.6 182.3% -22.0 -8.6 156.2% Depreciation and amortisation -202.3 -208.7 -3.0% -209.9 -208.5 0.7% -412.2 -417.2 -1.2% Gain or loss on disposals of fixed assets, Impairments and Other profit/(loss) -0.6 11.8 -105.3% 4.0 14.2 -72.2% 3.4 26.0 -87.1% EBITDA 661.1 643.6 2.7% 1,137.8 1,048.7 8.5% 1,798.9 1,692.3 6.3% Consolidated profit/(loss) for the period 329.4 301.3 9.3% 672.6 592.5 13.5% 1,002.0 893.8 12.1% Appendix. Other financial information. Key figures. Quarterly evolution Results Presentation H1 2026
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37 Change H1 2026 vs 2025 €m H1 2026 2025 €m % Property, plant and equipment 12,386.4 12,094.8 291.6 2.4% Intangible assets 2,149.6 1,700.3 449.3 26.4% Real estate investments 143.6 137.6 6.0 4.3% Right-of-use assets 30.8 35.8 -5.0 -14.0% Investments in associates and jointly controlled entities 389.5 105.9 283.7 267.9% Other non-current assets 855.9 783.5 72.4 9.2% Non-current assets 16,031.3 14,857.9 1,173.4 7.9% Inventories 6.8 6.5 0.3 5.2% Trade and other receivables 954.7 866.1 88.6 10.2% Derivative financial instruments 6.7 9.4 -2.7 -28.6% Other financial assets 412.4 405.1 7.3 1.8% Cash and cash equivalents 1,389.2 2,047.7 -658.4 -32.2% Current assets 2,769.9 3,334.7 -564.8 -16.9% Total assets 18,801.2 18,192.6 608.6 3.3% Change H1 2026 vs 2025 €m H1 2026 2025 €m % Share capital 1,500.0 1,500.0 0.0 0.0% Share premium 1,100.9 1,100.9 0.0 0.0% Retained earnings/(losses) 6,239.0 6,865.4 -626.4 -9.1% Translation differences / Other reserves -187.7 -259.9 72.1 -27.8% Non-controlling interests 207.3 -51.9 259.2 -499.5% Total equity 8,859.4 9,154.6 -295.2 -3.2% Financial debt 6,827.5 6,692.6 134.9 2.0% Provisions for other liabilities and expenses 158.1 148.7 9.415 6.3% Grants 291.3 298.4 -7.2 -2.4% Other non-current liabilities 207.5 126.1 81.5 64.6% Non-current liabilities 7,484.4 7,265.8 218.6 3.0% Financial debt 1,285.9 864.1 421.9 48.8% Provisions for other liabilities and expenses 23.7 45.3 -21.7 -47.8% Grants 20.6 23.9 -3.3 -13.7% Other current liabilities 1,127.2 838.9 288.3 34.4% Current liabilities 2,457.4 1,772.2 685.2 38.7% Total liabilities 9,941.8 9,038.0 903.8 10.0% Total net equity and liabilities 18,801.2 18,192.6 608.6 3.3% Appendix. Other financial information. Statement of financial position Results Presentation H1 2026
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38 1 At 30 Junio 2026. General Accounting Plan. Maturity schedule of Aena’s long-term debt1 Total: €5,989.0 million | Average life: 7.6 years 6.9% 14.9% 5.8% 9.9% 13.6% 5.9% 2.5% 2.1% 2.0% 21.0% Annual % of total debt 15.4% 2026 20282027 2029 2030 2036-2045 EIB + ICO (€m) 2031 20332032 2034 2035 Remainder (€m)Bonds (€m) Appendix: Aena S.M.E., S.A. debt (Millions of euros) Results Presentation H1 2026
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39 1 Passengers in the Spanish airport network. | 2 Including Región de Murcia International Airport. | 3 Commercial traffic. Traffic H1 2026 vs H1 2025 H1 2026 H1 2025 5.3% 5.3% 3.0% -0.8% 9.3% -1.2% -7.9% 5.1% 4.2% 4.4% 2.2% -0.7% 5.8% 6.7% 10.0% 3.7% 1.0% 1.7% 0.3% -0.2% -2.3% 12.7% 11.9% 0.9% Josep Tarradellas Barcelona El Prat Adolfo Suárez Madrid-Barajas Palma de Mallorca Canary Islands Group Group I Group II2 Group III Aena(m Passengers) International passengers3 Domestic passengers3 Total passengers Appendix. Passenger data by airport groups1 Results Presentation H1 2026
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40 1 Total passengers in the Spanish airport network. Provisional data. 2 Including Ryanair DAC, Ryanair Sun, S.A., Ryanair UK Limited and Malta Air. 3 Including EasyJet Switzerland, S.A., EasyJet Airline Co. Ltd. and EasyJet Europe Airline GMBH. 4 Including Binter Canarias, Naysa Servicios Aéreos and Canarias Airlines. 5 Including Wizz Air Hungary, Wizz Air Ukraine, Wizz Air UK LTD., Wizz Air Bulgaria and Wizz Air Malta LTD. 6 Including low-cost airline traffic on regular flights. Traffic(1) by airline (top 10) Change Share (%) Carrier Passengers H1 2026 Passengers H1 2025 % Passengers H1 2026 H1 2025 Ryanair 32,604,953 32,959,258 -1.1% -354,305 20.9% 21.9% Vueling Airlines, S.A. 24,296,114 23,073,943 5.3% 1,222,171 15.5% 15.3% Iberia 10,784,714 10,862,823 -0.7% -78,109 6.9% 7.2% Air Europa 8,969,838 8,520,835 5.3% 449,003 5.7% 5.7% EasyJet 8,476,005 8,241,251 2.8% 234,754 5.4% 5.5% Binter Group 6,209,381 5,568,662 11.5% 640,719 4.0% 3.7% Wizz Air 5,740,499 4,123,210 39.2% 1,617,289 3.7% 2.7% Iberia Express 5,507,107 6,114,404 -9.9% -607,297 3.5% 4.1% Air Nostrum L.A. Mediterraneo 5,115,211 4,754,746 7.6% 360,465 3.3% 3.2% Jet2.Com Limited 5,075,531 4,643,000 9.3% 432,531 3.2% 3.1% Total Top 10 112,779,353 108,862,132 3.6% 3,917,221 72.2% 72.3% Total Low Cost Passengers(6) 93,100,100 96,894,500 -3.9% -3,794,400 59.6% 64.3% Appendix. Traffic information 2 3 4 5 Results Presentation H1 2026
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41 Traffic(1) by origin/destination (top 15) 1 Total passengers in the Spanish airport network. Provisional data. Change Share (%) Country Passengers H1 2026 Passengers H1 2025 % Passengers H1 2026 H1 2025 Spain 47,382,426 46,982,714 0.9 % 399,712 30.3% 31.2% United Kingdom 23,189,724 22,042,737 5.2 % 1,146,987 14.8% 14.6% Germany 13,787,147 13,893,694 -0.8 % -106,547 8.8% 9.2% Italy 11,196,617 10,550,370 6.1 % 646,247 7.2% 7.0% France 7,989,901 7,843,390 1.9 % 146,511 5.1% 5.2% Netherlands 5,018,782 5,018,441 0.0 % 341 3.2% 3.3% Portugal 3,643,808 3,401,043 7.1 % 242,765 2.3% 2.3% Belgium 3,561,111 3,304,892 7.8 % 256,219 2.3% 2.2% Poland 3,478,417 2,726,504 27.6 % 751,913 2.2% 1.8% Switzerland 3,401,969 3,383,758 0.5 % 18,211 2.2% 2.2% Ireland 3,243,987 3,119,914 4.0 % 124,073 2.1% 2.1% United States 2,679,784 2,515,579 6.5 % 164,205 1.7% 1.7% Morocco 2,351,076 2,177,305 8.0% 173,771 1.5% 1.4% Denmark 1,683,672 1,601,780 5.1% 81,892 1.1% 1.1% Sweden 1,528,850 1,536,515 -0.5% -7,665 1.0% 1.0% Total Top 15 134,137,271 130,098,636 3.1% 4,038,635 85.8% 86.4% Total rest of markets 22,108,962 20,503,642 7.8% 1,605,320 14.2% 13.6% Total 156,246,233 150,602,278 3.7% 5,643,955 100.0% 100.0% Appendix. Traffic information Results Presentation H1 2026
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42 H1 2026 1 Includes traffic at Sangster International Airport in Montego Bay and Kingston Airport (Jamaica). GAP(1): -5.6% H1 2025 Appendix: Other shareholdings: Trend in Passenger traffic (m) Newcastle: +7.5% H1 2026 H1 2025 Results Presentation H1 2026
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43 Appendix. Alternative Performance Measures In addition to the financial information prepared under the International Financial Reporting Standards adopted by the European Union (IFRS-EU), the reported financial information includes certain alternative performance measures (APM) in order to comply with the guidelines on alternative performance measures published by the European Securities and Markets Authority (ESMA) on 5 October 2015, as well as non–IFRS-EU measures. The performance measures included in this section rated as APM and non-IFRS-EU measures have been calculated using Aena’s financial information but are not defined or detailed in the applicable financial reporting framework. These APM and non-IFRS EU measures have been used to plan, control and assess the Group’s evolution. We believe that these APM and non-IFRS measures are useful for management and investors as they facilitate the comparison of operating performance and financial position between periods. Although it is considered that these APM and non-IFRS-EU measures allow a better assessment of the evolution of the Group’s businesses, this information should be considered only as additional information, and in no case does it replace the financial information prepared according to the IFRS. Moreover, the way in which the Aena Group defines and calculates these APM and non- IFRS-EU measures may differ from the way in which they are calculated by other companies that use similar measures and, therefore, may not be comparable. The APM and non-IFRS measures used in this document can be categorised as follows: 1. Operating Performance Measures • EBITDA or reported EBITDA: EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) is an indicator that measures the company’s operating margin before deducting financial results, income tax and amortisation/depreciation. This is calculated as Operating profit plus amortisations (consolidated under IFRS and individual under General Accounting Plan). By disregarding the financial and tax figures, as well as • amortisation and depreciation accounting expenses that do not entail cash outflow, it is used by Management to assess the operating profit of the company and its business segments over time, allowing them to be compared with other companies in the sector. • In the note relating to the financial information by business segment of the annual report, it is indicated that the Chairman and Chief Executive Officer assess the performance of the operating segments based on EBITDA. • Adjusted EBITDA: The adjusted EBITDA is calculated as EBITDA + Fixed asset impairments + earnings from fixed asset disposals. The reconciliation of both EBITDA and adjusted EBITDA with the consolidated earnings also appears in the note relating to financial information by business segment in the annual report. • EBITDA margin: The EBITDA margin is calculated as the quotient of EBITDA over total revenue and is used to measure the profitability of the company and its business lines. • EBIT margin: The EBIT margin is calculated as the quotient of EBIT over total revenue. EBIT (Earnings Before Interest and Taxes) is an indicator that measures the company’s operating margin before deducting financial results and income tax. It is used to measure the company’s profitability. • OPEX: This is calculated as the sum of Supplies, Staff costs and Other operating expenses and is used to manage operating or running expenses. Results Presentation H1 2026
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44 Appendix. Alternative Performance Measures • Net Financial Debt Ratio/EBITDA It is calculated as the quotient of the Net Financial Debt divided by the EBITDA for each calculation period. In the event that the calculation period is less than the annual period, the EBITDA of the last 12 months will be taken. • The Group monitors capital structure based on this debt ratio. • The numerical reconciliation of these APMs has been included in the corresponding section of the Consolidated Management Report. 2. Measures of the financial position • Net Debt: Net Debt is the main APM used by Management to measure the Company’s level of indebtedness. • It is calculated as the total ‘Financial Debt’ (Non-current Financial Debt + Current Financial Debt) that appears in the Consolidated Statement of Financial Position (see Note 10 of the condensed consolidated financial statements) less the ‘Cash and cash equivalents’ that also appear in said Consolidated Statement of Financial Position (for the individual statement, it is calculated under the General Accounting Plan). • The definition of the terms included in the calculation is as follows: • Financial Debt: this means all financial debt with a financial cost as a result of: a. loans, credits and commercial discounts; b. any amount due for bonds, obligations, notes, debts and, in general, similar instruments; c. any amount due for rental or leasing which, according to the applicable accounting regulations, should be treated as financial debt; d. financial guarantees assumed by AENA that cover part or all of a debt, excluding those guarantees related to debts of consolidated companies; and e. any amount received by virtue of any other kind of agreement that has the effect of commercial financing and which, according to the applicable accounting regulations, should be treated as financial debt. Cash and cash equivalents: definition contained on p. 7 of IAS 7 ‘Cash flow statement’. Results Presentation H1 2026
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