Aeroporto Guglielmo Marconi Di Bologna

Earnings Release • Aug 5, 2020

BOLOGNA AIRPORT, 230 THOUSAND PASSENGERS IN JULY Domestic destinations prevail: Rome Fiumicino, Catania, Palermo, Olbia and Cagliari are in the "top five" ranking

As Airlines have been gradually restarting their connections from most the EU area and Schengen Countries, Bologna Airport's traffic volumes have been growing as well.

In July, 228,070 passengers were recorded, a decrease of 75.2% on the same month in 2019, but accounting for a strong growth as compared with June 2020, when only 35,000 passengers passed through Bologna Airport. This trend was also triggered by the possibility of using full-load aircrafts, in compliance with the high-safety standards of the aviation industry, implementing European-approved protocols, from the sophisticated air-filtration systems inside the airplanes to important investments on processes and resources activated by Airports' Management Companies in full cooperation with Authorities.

Flight movements were 2,448, -64.4% on July 2019, but four times as many in comparison with the 615 flights operated in June 2020.

In detail, international passengers were 142,906 (-80.5% on 2019), while domestic passengers were 85,164 (-54.3%). As was the case in June, the pandemic outbreak had harsher effects on international flights which have always been Bologna Airport's strength.

This trend was confirmed by July's most-popular-destination ranking which reports the Italian "top-five's": Rome Fiumicino, Catania, Palermo, Olbia and Cagliari. It results 2020 is the year of Summer holidays in Italy for Bologna Airport's passengers who in July 2019 had instead preferred Barcelona, Catania, London, Frankfurt and Madrid.

Air freight recorded a decrease of 19.7% on the same month of 2019 totaling 3,015 tons.

In the period January – July 2020, 1,661,926 passengers passed through Bologna Airport (-69.0%), with 16,513 flight movements (-60.8%) and 18,732 tons of air freight (- 19.3%).

Bologna, 5 th August 2020

Bologna Guglielmo Marconi Airport, classified as a "strategic airport" in the centre-north area of the National Airports Plan prepared by the Ministry of Infrastructure and Transport, in 2019 was the seventh biggest Italian airport by passenger numbers, with 9.4 million passengers (Source: Assaeroporti). Located in the heart of the Emilian food valley and the automotive and packaging industrial districts, the airport has a catchment area of about 11 million inhabitants and around 47,000 companies, with a strong propensity to exports and internationalisation and with commercial expansion policies to Eastern Europe and Asia.

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The presence at the airport of some of the largest airlines in Europe along with some of the leading low-cost carriers and the close link with European continental hubs make Bologna Italy's forth airport for global connectivity (Source: ICCSAI - Fact Book 2019).

As for airport infrastructure, the airport has among its strategic objectives in the next few years an important development plan that mainly concerns the expansion of the terminal, particularly in the parts of security checks and gate area. The company's aim is to make Bologna Airport one of the most modern and functional in Italy, an important gateway to the city and region.

For further information: www.bologna-airport.it

Press Office: Investor Relations: Anna Rita Benassi Patrizia Muffato e Ufficio Stampa Relations Manager Tel: +39/051/6479961 Tel: +39/051/6479960

Responsabile Comunicazione Chief Financial Officer and Investor ufficiostampa@bologna-airport.it investor.relations@bologna-airport.it