Geneva Your High Yield Market

Key Facts & Figures

Pax Traffic

Main Airlines

• 15.8 million passengers in 2015. • +4.1 % traffic increase. Route Network

Catchment Area

• Catchment area over 3 countries (Switzerland, France, Italy). • Highest concentration of international organizations and multinational companies. • Major touristic spots within 2 hours.

Based on GVA scheduled traffic for full year 2015 Source: GVA Airport

30% Star Alliance 10% Skyteam 8% Oneworld

43.2%

15.0%

• 142 scheduled destinations. • 59 scheduled airlines serving 4 continents.

EASYJET BRITISH AIRWAYS LUFTHANSA BRUSSELS AIRLINES IBERIA OTHER

SWISS AIR FRANCE KLM TAP PORTUGAL TURKISH AIRLINES

Traffic Evolution

+12.0%

17.0

+4.1%

16.0

+5.0%

15.0

+3.9% +5.9%

14.0

+10.5%

13.0 12.0

+9.5%

Million of pax

11.0 10.0 9.0

+5.8%

+5.7%

-1.7%

11.5

11.3

10.9

+4.9%

13.9

15.8

15.2

+10.0%

14.4

+8.0%

13.1

11.9

+6.0%

10.0

+4.0%

8.0 7.0

+2.0%

6.0 5.0

+0.0%

4.0 3.0

-2.0%

2.0

1.0

-4.0%

0.0

2006

Source: GVA Airport

2007

2008

2009

2010

2011

2012

2013

2014

2015

Current Scheduled Carriers

Skyteam

Legacy Carriers

Oneworld

Star Alliance

Low Cost Carriers

GVA Long-Haul Development

GVA-EWR

GVA-DOH

GVA-DXB

7x / week

5x / week (now 7x)

7x / week (now 14x)

GVA-YUL

GVA-AUH 5x / week (now 7x)

7x / week

4x / week GVA-IAD

GVA-JFK 7x / week

...

2003

GVA-PEK

7x / week

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

...

Flight Network

Travelers Profile • A recent study carried by AirPlus International shows that more than half of passengers travelling via Genève Aéroport to intercontinental destinations are high-yield travelers.

Age

Reason of trip

26%

Business

22-34

12%

35-44 Leisure

35% 18%

Family visit

45-54 55-64

59%

• The study also indicates that for destinations within Europe the share of business class passengers is 7.6% vs. 3.5% in ZRH.

16-21

8% 8%

15%

65 & over

19%

Travel frequency in the last 12 months 6% 9%

Place of residence

8% 11%

17% 22%

• The proportion of frequent travelers is higher than industry average. • The airport benefits from a good mix of visitors profile in terms of age and residency.

CH

25% 35%

33% 35%

GB

3% 4%

US ES

11% 22%

35% 24% Industry Average 1 to 2

3 to 5

GVA 6 to 10

Source: GVA Airport Service Quality (ASQ) satisfaction survey; GVA Arrivals Survey; AirPlus International Survey

11 to 20

21 or more

FR

Other

Catchment • More than 6 mio people live within 2 hours drive from GVA airport.

Canton / Department Geneva

463'000

Vaud

734'000

Valais

257'000

Fribourg

233'000

Neuchâtel

175'000

Other (within 2h)

700'000

Sub-total Switzerland

2'562'000

Haute-Savoie (74)

772'000

Ain (01)

412'000

Other (within 2h) Sub-total France

TOTAL

Source: OFS; INSEE; ISTAT; Genève Aéroport.

Population

2'591'000 3'775'000

6'337'000

Access • Genève Aéroport is a real multimodal airport with an easy access by: -

Rail train station within the airport; connected to regional and international networks (170 trains/day); 6 min to reach Geneva city center

-

Public transportation 6 bus city lines; efficient taxi service and hotel shuttles; regular coaches to: Lyon - 4x/day Annecy - 3x/day Chambéry - 6x/day Grenoble - 6x/day

-

Road connected to Swiss and French highway networks Genève Aéroport - Aircolor

Geneva’s Fields of Excellence

International Organizations & Diplomacy

Biotech

Finance

&

&

Medtech

Trade

Geneva Watches

Chemistry

&

&

Luxury

Fragrances Education & Research

Geneva International City & Diplomatic Capital • International Geneva is the heart of the world global governance:

• Geneva is the first center for diplomatic meetings and conferences in the world:

- 34 International Organizations (IOs)

- 47’000 diplomats and int’l Civil Servants (incl. families)

- 250 Non-governmental Organizations (NGOs)

- 3’000 visits by Heads of State, Ministers and other officials

- 175 States represented by a Permanent Mission

- 2’500 meetings and International conferences

- 28’640 persons employed in IOs, NGOs and permanent missions

- 203’000 delegates and experts attending

- IOs annual expenses reached CHF 5.9 billion in 2015 - GDP contribution of IOs, NGOs, permanent missions and consulates is estimated at 11.3% in Geneva

- 1 out of 10 jobs provided in Canton Geneva by IOs, NGOs, permanent missions and consulates

Source: OCSTAT; Permanent Mission of Switzerland to the UN; Federal Department of Foreign Affairs; Republic and State of Geneva.

Financial Center • Switzerland manages around 26% of the world’s private offshore assets with 290 banking firms and 105’000 employees active in the financial sector.

• The potential long-term growth throughout the financial sector is around 2%, which is superior to the economy as a whole. However, experts agree that it will no longer be possible to return to growth rates equivalent to those from the 1990s or the pre-crisis boom. • Geneva is the birthplace and capital of international asset management with 120 banking firms, 3’200 financial intermediaries and 870 independent asset managers counting more than 37’000 employees (including insurance and law firms). Real Gross Value Added (Switzerland) 2.50%

Growth rate

2.00% 1.50% 1.00%

National economy

0.50%

Financial sector

0.00% 2014

2015

2016-2019 (est.)

Source: Swiss Banking Association; Geneva Financial Foundation; BAKBasel.

2019-2024 (est.)

Trading & Shipping Platform • The trading and shipping sector in Switzerland represents an estimated 3.5% of the national GDP • Thanks to its advantageous geographical position at the crossroads of European commercial routes, Geneva offers a unique and multilateral platform for the negotiation and improvement of the international management of commodities • The commodity trading sector in Geneva consists of 500 international trading, certification and shipping companies, and approx. 8’000 persons employed in the sector • Geneva hosts approx. 40% of global transactions and 50% of world traded coffee and sugar.

Coffee

Sugar Americas (US & Brazil) 15%

New York Others 10% 5% Singapore 5% Zurich 10%

Hamburg 20%

Source: Swiss Trading & Shipping Association; Geneva Economic Development Office.

Geneva Area 50%

Paris 15%

London 20%

Geneva Area 50%

Leading Pharmaceutical & Biotech/Medtech Industry • Geneva is part of BioAlps, the life science cluster in Western Switzerland: - 750 biotechnology, pharma and medtech companies - 500 research laboratories - 20 research institutions, universities and university hospitals with relevant capabilities and expertise - Numerous organizations supporting innovation (start-up incubators, science parks, venture capital funds, contract service organizations) - 20’000 people employed in companies and 5’000 researchers • With the lengthening life expectancy and intensification of chronic diseases, global health care spend is expected to grow at 5% annually in the next five years. New comers Multinational pharma companies which have recently chosen Geneva for their operations:

Source: BioAlps; Geneva Economic Development Office; Deloitte Consulting.

Education & Research • Switzerland is one of the best countries for the quality of its education, research and technologies. • Université de Genève, Université de Lausanne (UNIL) and the Ecole Polytechnique Fédérale de Lausanne (EPFL) gather more than 27% (35’700) of total Swiss students.

1st European University in the Engineering and IT category (Academic Ranking of World Univeristies)

1st in Executive Education outside the US and 2nd worldwide (Financial Times)

World largest research centre in particle physics. Birthplace of the World Wide Web (www)

Source: SER; swissworld.org; EPFL; IMD; Cern; CCIG.

Economic Strengths of the Region • Switzerland is one of the richest and most successful country in the world with a particularly low unemployment rate and an export-oriented economy specialized in high value-added products. • Geneva Area grows at a faster pace than Switzerland overall and Euro zone. GDP evolution indexed

GDP YoY growth rate GVA Area (YoY growth)

Switzerland (YoY growth)

GVA Area

Euro zone (YoY growth)

2.5

130

GDP evolution indexed

140

GDP YoY growth rate

5

0

110

-5

100

Source: Swiss Federal Office of Statistics; OCSTAT; Forum des 100; BCV; FMI

Euro zone

120

-2.5

* forecast

Switzerland

* forecast

Major Touristic spots

Montreux Jazz Festival

Château d’Oex Festival

Gruyères Castle

Gstaad Open

Bern

Thun

Lausanne Olympic Museum

Gruyères Interlaken

Lausanne

Vevey Montreux

Cervin / Matterhorn Zermatt

Château-d’Oex Gstaad

Evian Martigny

Chaplin Museum Vevey

Zermatt

Chillon Castle Montreux

Chamonix

Geneva Lake Festival

Annecy Lake

Chamonix Mont Blanc

Gianadda Foundation Martigny

Winter Sport Gateway • Around 1’200’000 travelers transit via Genève Aéroport each winter season to access the largest ski area in the world with more than 200 ski resorts within 3 hours drive.

• Four of the Top 10 ski resorts per volume worldwide are located in the GVA area: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

La Plagne Saalbach Hinterglemm Leogang (AT) SkiWelt Wilder Kaiser Brixental (AT) Les Arcs Ischgl/Samnaun Silvretta Arena (AT) Whistler Blackcomb (CA) Alta Badia (IT) Val-Thorens Courchevel Méribel Vail (USA)

Source: International Report on Snow & Mountain Tourism 2015; GVA Airport

Freight Activity • Genève Aéroport offers a modern cargo terminal - Warehouse: 24'000 m2 - Capacity: 80'000t/year - Refrigerated storage (perishables) - Safes for valuables - Handling room for radioactive goods - Loading platform adjustable for any type of lorry - Free ports (10'000m2) inside the freight terminal - French customs with possibility of direct customs clearance from the cargo building to all countries of the European Union - Very short consignment time: 70-90 min. on average - Reliability of services (punctual dispatch, no strikes, security for goods)

Total Freight 2015 Mail 8%

Truck Freight 27%

Source: GVA Airport

70'418 t

Air Freight 65%

Main imported goods

Main exported goods

Spare parts for machinery

Chemical and pharma products

Perishables

Watches, jewelry

Electronic components

Machinery

Computer equipment

Electronic components

Comparison of Airport Charges • Average charges for an International Operation (including all charges related to landing, noise, emission, terminal navigation, parking, passenger, security, etc.). 12'000

B787-800

11'000

A330-300

10'000 9'000 8'000 7'000 6'000 5'000 4'000 3'000 2'000 1'000 0 ZRH

BUD

Source: RDC Aviation (November 2015)

BHX

ORY

LIN

BCN

VIE

ATH

GVA GVA

CPH

HAM

WAW

VLC

CGN

Marketing Support

1 Exploratory Phase • Airport cost analysis • Route feasibility studies • Market research & statistics • Administrative support (regulation, government, operational contacts, etc.) …

2 Launching Support • PR & Events (BtoB launching event, press release, conference, etc.) • Airport Advertising (outdoor megasurface billboard, flags in check-in hall, etc.) • E-marketing (banner on airport website, on-line prize draw) • Marketing & Sales support (destination leaflet, dedicated workshop, promotion on airport stand in public faires, etc.) …

3 Long-term Commercial Support • Follow-up of commercial and traffic results • E-marketing (banner on airport website, on-line prize draw) • Marketing & Sales support (destination leaflet, dedicated workshop, promotion on airport stand in public faires, etc.) …

Commercial Incentives

1.

Discount for new destination (based on landing fees) Short-haul routes Periods

Rebate

(6 months each)

2.

Long-haul routes Periods

Rebate

(1 year each)

Conditions • New destination for airport & not operated during 12 months.

1st period

80%

1st period

80%

• Scheduled flight & year-round.

2nd period

60%

2nd period

60%

3rd period

40%

3rd period

40%

• Applicable only to landing fees (not to surcharges and ATC).

4th period

20%

4th period

20%

Passenger growth scheme Annual Pax Growth

Refund

≥ 5%

3.5%

≥ 7.5%

4.75%

≥ 10%

6%

≥ 15%

10%

≥ 20%

15%

≥ 25%

20%

Conditions • Growth calculated on a yearly basis (January to December). • Refund based on the passenger service charge (PSC) collected during the period (CHF 12.50 per pax). • Incentive valid for 2016, subject to approval for following years. • Valid for airlines operating scheduled flights on a year-round basis.

New “East Wing” Project

• New pier dedicated to wide-body aircrafts • Construction plans approved in 2014 • Start of work in April 2016

• Opening planned around 2020 • Design by Rogers Stirk Harbour + Partners (LHRTerminal 5, MAD-Terminal 4) • 6 stands for wide-body aircrafts + 1 for narrow-body (or mixed utilization with more stands) • Positive-Energy Building