Second Quarter 2016 Results

This presentation may contain forward-looking information and statements. Forward-looking statements

are statements that are not historical facts. These statements are only predictions based on our current information and expectations and projections about future events. Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “target,” “estimate,” or similar expressions. While OMA's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and are generally beyond the control of OMA, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, those discussed in our most recent annual report filed on Form 20-F under the caption “Risk Factors.” OMA undertakes no obligation to update publicly its forward-looking statements, whether as a result of new information, future events, or otherwise.

About the Company Our businesses 13 Airports in the central-north region of Mexico, serving 17.7 million passengers in LTM. 2 Hotels; NH Collection Hotel in Terminal 2 of the Mexico City Airport, and a Hilton Garden Inn at the Monterrey Airport 1 Industrial Park at the Monterrey Airport

Who we are More than 1,000 employees committed to providing aeronautical and commercial services of excellence to our passengers and clients. Listed in BMV and NASDAQ since 2006

Second Quarter 2016 Results

Company Overview

Aeronautical Business

Non-Aeronautical Business

Historical Performance Shareholders Operations & Sustainability

Airline Synergy Connectivity Passenger Traffic Airline Participation Aeronautical Revenues 2Q16

Commercial Strategy Diversification Strategy Historical NAR Growth NAR 2Q16

Financial Results

MDP & MT

Outlook

2Q16 Highlights Profitability Indicators Value Distribution Balance Sheet

Investments 2011-2015 Investments 2016-2020 Maximum Tariffs

Company Outlook Industry Trends

Company Overview Historical Performance Shareholders Operations & Sustainability

Company Overview | Historical Performance Sustained positive trends through economic and business cycles Aeronautical Revenues

5,700

Non-Aeronautical Revenues

17.7

Passenger Traffic (million)

16.9 17.0

14.2

4,612

14.7

4,700

15.0

14.1

4,145

13.3 12.6

3,700

11.8

11.5

11.6

11.8

2,459

9.7

2,700

8.9 1,700

1,204 16%

1,334

19%

% Adj. EBITDA2

19%

1,687 19%

84%

81%

81%

81%

2003

2004

2005

2006

700

(300)

1,480

42%

47%

50%

3,422

1,897

1,988

18%

19%

82%

81%

2,144 1,896 19%

81%

13.0

27%

3,065 2,820

10.6

27%

24%

26%

11.0

26%

24%

9.0

23% 73% 77%

76%

76%

74%

73%

74%

7.0

5.0

54%

2007

2008

2009

2010

2011

2012

2013

2014

2015

LTM

56%

53%

51%

44%

51%

54%

55%

55%

59%

61%

Note: From 2010 to LTM2016 figures expressed under IFRS; 2001 - 2009 figures expressed under MFRS. 1Represents the sum of aeronautical and non-aeronautical revenues (excludes construction). 2 Adjusted EBITDA Margin = Adjusted EBITDA / (Aeronautical + Non-Aeronautical Revenues). Adjusted EBITDA = Operating income + Depreciation and Amortization + Maintenance Provision.

3.0

Company Overview | Shareholders

ICA 1.9%

Float 81.4%

SETA 16.7%

BB Shares 12.4%

Includes 7.5mm repurchased shares (1.9% of total shares)

B Shares 4.3%

SETA Integrated by: Empresas ICA

Mexico´s largest engineering, procurement, and construction company. Also has operations in Latin America and Europe.

Aéroports de Paris Management

Subsidiary of Aéroports de Paris, the second largest airport group in Europe. Specializes in overseeing airport investments and providing airport management services worldwide.

Information as of July 25, 2016

Company Overview | Operations & Sustainability

Operations & Sustainability Leadership

2014

Culiacán Airport Mazatlán Airport

Aeronautical Business Airline Synergy Connectivity Passenger Traffic Airline Participation Aeronautical Revenues 2Q16

Aeronautical Business | Airline Synergy

Routes Opened 2014

2015

Total

Regional HUB in MTY

11

3

14

Secondary Base in MTY

9

1

10

Secondary Base in MTY

21

7

28

New Airline operating in 9 of our 13 Airports

12

15

27

Total

53

26

79

Net Routes per year(1)

46

14

60

Airline

(1)Opened

Project

routes – closed routes

Aeronautical Business | Connectivity

16 new direct routes in 6M16 Domestic Routes

Airline Aeromexico Connect TAR TAR VivaAerobus VivaAerobus Volaris Volaris Volaris Volaris Volaris Volaris Volaris Volaris Airline Sunwing Volaris Volaris

Chihuahua – Tijuana Monterrey – Cuernavaca Zihuatanejo – Toluca Chihuahua – Mexico City Chihuahua – Guadalajara Culiacán - Mexicali Monterrey – Bajío Monterrey – Toluca Reynosa – Mexico City Reynosa – Cancún Reynosa – Guadalajara Torreón – Mexico City Zihuatanejo – Mexico City International Routes Zihuatanejo-Milwaukee Culiacán – Phoenix Monterrey - Chicago

1

10

2

2

7 cancelled routes in 6M16

1

Aeronautical Business | Passenger Traffic

Passenger Traffic 2Q16

January - June 2016

Total Pax: 4.5 million (+8.7%)

Total Pax: 8.7 million (+9.2%)

88% Domestic: 4.0 million (+10.4%)

86% Domestic: 7.5 million (+11.0%)

12% International: 0.5 million (-2.3%)

14% International: 1.2 million (-0.5%) (% Share)

CJS +33%

Metropolitan (49.8%)

Border Cities ( 9.2%)

CUU +12%

TRC

CUL +17%

DGO MZT +13%

+20%

+53% +2%

ZCL

ZIH

MTY

+11%

+6% +13%

SLP

-5%

TAM

-8%

ACA (%) 2Q16 Passenger growth

REX

-7%

Tourist

(10.8%)

Regional

(30.3%) (100%)

Aeronautical Business | Airline Participation

88% Domestic

12% International

Passengers

Passengers

TAR 2%

Other WestJet 5% 2% Volaris VivaAerobus 2% 7%

Other 6%

Interjet 19%

Aeroméxico 29%

United 22%

Interjet 6% Alaska 4% American 23%

Delta 12% VivaAerobus 22%

Note: Information as of 2Q16

Volaris 22%

Aeroméxico 16%

Aeronautical Business | Aeronautical Revenues 2Q16

Domestic Passenger Charges

International Passenger Charges

Airport Services

Aeronautical Revenues

Ps. 610mm

Ps. 183mm

Ps. 161mm

Ps. 955mm

64% of Aeronautical Rev.

19% of Aeronautical Rev.

17% of Aeronautical Rev.

74% of Total Rev.* Ps. 210.4 / PAX

+27.9%

+29.9%

* Total Revenues not considering Construction Revenues

+20.9%

+27.0%

Non-Aeronautical Business Commercial Strategy Diversification Strategy Historical NAR Growth NAR 2Q16

Non-Aeronautical Business | Commercial Strategy

Maximize Commercial Areas

International Franchises & Renowned Local Brands

Premium Strategy & Loyalty Programs

Innovative Advertising

Detail of Commercial Initiatives Implemented in 2Q16 Airport

Type

Quantity

Acapulco, Culiacan and Monterrey

Retail

5

Chihuahua, Monterrey, Mazatlan, Tampico and Zihuatanejo Financial Services

5

Zihuatanejo

Car Rental

2

Zihuatanejo

Restaurant

1

Non-Aeronautical Business | Diversification Strategy OMA Carga

9.4% of NAR

+19.2% revenues in 2Q16 Hotel NHT2

Real Estate

1.1% of NAR

+45.8% revenues in 2Q16

16.5% of NAR

Avg. Room Rate: Ps.2,117 per night (+11%yoy) Occupancy Rate: 78% EBITDA Margin: 38.0%

Industrial Park 0.3% of NAR

First two warehouses leased Revenue generation since May 2016

Hotel Hilton Garden Inn

6.4% of NAR

Avg. Room Rate: Ps.1,964 per night Occupancy Rate: 77%

(Beginning of Operations August 2015)

Non-Aeronautical Business | Historical NAR Growth

Non-Aeronautical Revenues (NAR) have increased faster than passenger traffic as a result of commercial initiatives and diversification projects

Base = 2005

NAR

Total Passengers

350

300

+286%

250

200

150

100

+59% 50

0

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

Non-Aeronautical Business | Non-Aeronautical Revenues 2Q16

Commercial Activities

Diversification Activities

Complementary Activities

Non-Aeronautical Revenues

Ps. 169mm +18.6%

Ps. 114mm +40.1%

Ps. 54mm +15.4%

50% of NAR

34% of NAR

16% of NAR

Ps. 337mm (+25%) 26% of Total Rev * Ps. 74.3 / PAX

* Total Revenues not considering Construction Revenues

Financial Results 2Q16 Highlights Profitability Indicators Value Distribution Balance Sheet

Financial Results | 2Q16 Highlights

Passengers

Revenues*

Adjusted EBITDA**

4.5mm +8.7%

Ps. 1,292mm +26.4%

Ps. 808mm +36.8%

Domestic +10.4% International -2.3%

Aeronautical +27.0% Non-Aero +24.5%

2Q16 Margin 62.5% 2Q15 Margin 57.7%

Consolidated Net Income

Ps. 446mm +60.9%

*Total Revenues not considering Construction Revenues ** Adjusted EBITDA Margin = Adjusted EBITDA / (Aeronautical + Non-Aeronautical Revenues). Adjusted EBITDA = Operating income + Depreciation and Amortization + Maintenance Provision.

Financial Results | Profitability Indicators 28.0

ROA / ROE 30.0

Percentage 25.0

20.8 18.8

20.0

16.8 12.8

15.0

10.1 10.0

6.6

12.6

10.9

9.9

8.3

8.2

5.0

-

2011

2012

2013

2014

2015

Earnings per Share Ps.

LTM (2Q16)

3.88 3.15

3.01 2.58 2.05

1.54

2011

2012

2013

2014

2015

LTM (2Q16)

Financial Results | Focus on Generating Value

Dividend or Capital Reimbursement

Dividend Yield and Payout Ratio

Ps. Million

Percentage

1,600

Payout Ratio

Dividend Yield

1,400 1,400

8.6

250

1,200

1,200

9.0

1,200 8.0

1,200

6.9

200

7.0

1,000

5.7

6.0

150

800

147

4.4

5.0

4.2 4.0

117

600

500

100

113

100 3.0

81

400

2.0

50

200 1.0

-

-

2011

2012

2013

2014

Note: The amounts shown were paid one year after each period.

2015

-

2011

2012

2013

2014

2015

Note: The Dividend Yield was calculated with the stock price at the end of each year.

Financial Results as of June 2016| Healthy Balance Sheet

Strong Financial Position*

Low Leverage vs Industry*

Ps. Million

Net Debt / Adjusted EBITDA

4,699

1,916

0.9

0.8

1.0

1.0 0.8

0.6 2,782

2011 Total Debt

Cash

2012

2013

2014

2015

Net Debt

Debt Profile*

LTM (2Q16)

Capital Structure Improvement* Total Debt | Shareholders’ Equity

Short Term 1%

Long Term 99%

*Information as of June 30, 2016

USD 5%

80%

75%

67%

20%

25%

33%

2011

2012

2013

MXN 95%

56%

56%

54%

44%

44%

46%

2014

2015

jun-16

Master Development Plan Investments 2011-2015 Investments 2016-2020 Maximum Tariffs

Master Development Plan | 2011-2015

Total Investment Ps. 3,418mm pesos of Dec. 31st, 2015

100 0

100 %

904 851

900

90%

800

Most Important Projects 700

•

MTY Terminal A rehabilitation

•

MTY Terminal C expansion

•

80%

668

70%

590 600

60%

500

50%

MTY Platform expansion

•

CUL Runway expansion and rehabilitation

•

MZT Terminal rehabilitation

•

ACA Terminal expansion and rehabilitation

•

Runway rehabilitation of all our airports

406 400

40%

300

30%

26% 200

20%

25% 20%

17% 12%

100

0

10%

0%

2011

2012

2013

2014

2015

Master Development Plan | 2016-2020

Total Investment Ps. 4,640mm pesos of Dec. 31st, 2015

1,6 00

1,4 00

ZIH, 7% ZCL, 2% TRC, 3%

100 %

1,352 1,297

90%

80%

ACA, 13% CJS, 4%

TAM, 7%

1,2 00

987

CUL, 4%

70%

1,0 00

60%

SLP, 9% CUU, 10%

800

50%

606 600

29%

28%

398

21%

400

40%

13% 200

DGO, 3% 30%

MZT, 3% 20%

9% 10%

0

0%

2016

2017

2018

2019

REX, 8%

2020

MTY, 28%

Master Development Plan | 2016-2020

Total Investment Ps. 4,640mm pesos of Dec. 31st, 2015

Most Important Projects •

•

•

Other ICAO Certification

Terminal Expansion • Monterrey • Ciudad Juárez Operational • Chihuahua Infrastructure Expansion • San Luis Potosí • Tampico New Terminals • Acapulco Major • Reynosa Maintenance Operational Infrastructure Development • Monterrey • Culiacán • Durango

Terminal Expansion & Remodeling

6% 7%

11% 49% 11%

Security, Safety & IT Equipment

16%

Master Development Plan | New Acapulco Airport Terminal

Ps. 547 mm investment 3 levels plus a mezzanine

1.3 mm

PAX

Capacity Comfort , Safety & Efficiency gates July 2016 Beginning 6ofboarding construction: 3 security Termination: 3T 2018checkpoints Surface: 18,800 m2.: Start of operations*

3Q 2018 * Expected

Master Development Plan | Maximum tariffs

Visibility on Aeronautical Revenues Through 2020 •

Maximum rate (Regulated revenue per workload unit) increased in each airport

•

The maximum rate for each succeeding year through 2020 will be adjusted by inflation and an efficiency factor of 0.70% 2015(1) (2)

2016(1)

Acapulco

210.95

242.73

Cd. Juarez

162.71

183.80

Chihuahua

166.51

185.11

Culiacan

173.67

195.71

Durango

196.87

224.73

Monterrey

160.80

179.37

Mazatlán

193.84

215.89

Reynosa

186.30

209.77

San Luis Potosi

138.42

156.55

Tampico

187.04

210.75

Torreon

195.27

222.36

Zacatecas

208.43

235.26

Zihuatanejo

210.91

242.62

Airport

(1)

Expressed in constant pesos of December 31, 2014 before efficiency factor effect.

Tariffs as renegotiated in 2013 with the Mexican Bureau of Civil Aviation to take into account the maintenance costs of baggage-screening systems in all of our airports (2)

Outlook Company Outlook Industry Trends

Outlook | 2016

Current

Previous

Passenger Traffic Growth

8%-10%

6%-8%

Aeronautical Revenue Growth

24%-26%

22%-24%

Non-Aeronautical Revenue Growth

17%-19%

13%-15%

Adjusted EBITDA Margin

61%-63%

60%-62%

1,500-1,700

1,500-1,700

150-250

150-250

MDP Investments (Ps. Million) Strategic Investments (Ps. Million)

Outlook | Positive Trends in the Aeronautical Industry

Projected Domestic Passenger Traffic CAGR 2016-2035

Air Industry Low Penetration in Mexico

2.5

5.1%

4.9%

5.0%

4.6%

2.2

3.7%

2.5% 2.1% 0.8 0.5 0.4

0.3

Mexico Argentina

Brazil

Canada

Chile

Source: World Bank. Latest information available of 2015

United States

Mexico

Brazil

United Canada States

Russia

Source: Airbus. (Global Market Forecast 2016-2035)

Central South America America

Outlook | Positive Outlook in Mexico

Current Airline Fleets

Airline Expansion Orders

Airplanes

Airplane orders (2013 – 2022)

128

100 70 64

65

52

44

20

8

9 TAR

VivaAerobus

Volaris

Interjet

Source: DGAC, Airlines. Latest information available.

Aeromexico

Aeromexico

Interjet

VivaAerobus

Volaris

TAR

Grupo Aeroportuario del Centro Norte

Chief Financial Officer Vicsaly Torres | [email protected] | +52.81.8625.4300

Investor Relations Team Emmanuel Camacho | [email protected] | +52.81.8625.4308 Manuel Higinio de León | [email protected] | +52.81.8625.4334 Laury Franco Castillo | [email protected] | +52.81.8625.4377

Investor Relations in USA Daniel Wilson | Zemi Communications [email protected] | +1.212.689.9560