IFM GIF intends partial offer to the shareholders of Flughafen Wien AG

As announced on 13 June 2022, Airports Group Europe S.à r.l. ("Airports Group Europe"), an indirect subsidiary of IFM Global Infrastructure Fund ("IFM GIF") acquired additional shares in Vienna Airport (Flughafen Wien Aktiengesellschaft (ISIN AT00000VIE62)) and holds now more than 40.0% in Vienna Airport. Thereafter, in light of the present shareholding and governance situation at Flughafen Wien AG the Austrian Takeover Commission decided that Airports Group Europe is not obliged to launch a mandatory takeover offer for all remaining shares in the company as the exemption under section 24 (2) Z 2 Takeover Act applies. Airports Group Europe is therefore pleased to announce that it still intends to make a partial offer pursuant to sections 4 et seq of the Takeover Act for approximately 10% of the shares in Vienna Airport.

A partial offer for approximately 10% of Vienna Airport is in line with Airports Group Europe’s publicly communicated objective of not seeking control of the company. It also reflects public statements made on behalf of the City of Vienna, the Province of Lower Austria and the Employee Foundation not to tender any of their shares into an offer. Therefore, Airports Group Europe expects that the partial offer will only be accepted by free float shareholders. The partial offer remains subject to applicable regulatory approvals. Airports Group Europe will submit its partial offer to the Austrian Takeover Commission within the applicable deadlines.

The previously communicated offer price of EUR 33.00 per share is unchanged and corresponds to a premium of approximately 25.5% compared to the closing price of the last trading day prior to the announcement on 13 June 2022 and a premium of 21.3% compared to the volume weighted average price (VWAP) of the last six months prior to its announcement on 13 June 2022.

IFM GIF is advised by IFM Investors, a global funds manager owned by a group of Australian pension funds. IFM Investors invests on behalf of more than 600 institutional investors, incorporating the retirement savings of 120 million working people globally.

Focused on the long-term, the returns made by IFM Investors flow into the retirement savings of millions of pension fund members, such as nurses, teachers, construction workers and hospitality staff.

Nomura is acting as financial advisor while E+H Rechtsanwälte GmbH is acting as Austrian legal advisor to Airports Group Europe.

For further information see www.Vienna-Airport-Share-Offer.at or contact:

Ecker & Partner Öffentlichkeitsarbeit und Public Affairs GmbH

Mag. Nicole Bäck-Knapp, MSc
Goldeggasse 7/Hoftrakt, 1040 Vienna
Tel.: + 43 1 599 32 47
Mobil: + 43 (0) 699 15909094
Email: N.Baeck@eup.at

For media queries, please contact:

Australia:
Alida Merson, +61 439 773 809 or media@ifminvestors.com.

Austria:
Ecker & Partner Öffentlichkeitsarbeit und Public Affairs GmbH
Mag. Nicole Bäck-Knapp, MSc
Goldeggasse 7/Hoftrakt, 1040 Vienna
Tel.: + 43 1 599 32 47
Mobil: + 43 (0) 699 15909094
Email: N.Baeck@eup.at

About Airports Group Europe

Airports Group Europe is a limited company registered in Luxembourg under B 167449.

About IFM GIF

IFM Global Infrastructure Fund (“IFM GIF”) is an independently managed open-ended global infrastructure investment fund.

IFM GIF’s investors include a diverse range of pension funds and institutional investors across the UK and Europe, Australia, the US, Canada and Asia. GIF has a 17-year track record investing in assets around the world with 20 current portfolio investments spanning airports, seaports and toll roads, as well as energy, water and telecommunication assets (as at 31 March 2022).

IFM GIF’s airport experience includes investments in Flughafen Wien Group (Vienna, Malta and Košice airports), Manchester Airports Group (Manchester, London Stansted and East Midlands airports) and Sydney Airport.

IFM GIF is advised by IFM Investors Pty Limited ("IFM Investors").

About IFM Investors

IFM Investors was established more than 25 years ago with the aim to protect and grow the long-term retirement savings of working people. Owned by a group of Australian pension funds, the organisation has €122 billion under management as at 31 March 2022.

IFM Investors is one of the largest global infrastructure investment managers with more than €58 billion (as at 31 March 2022) invested across a range of infrastructure assets. IFM Investors has significant experience in working alongside municipalities and public entities, and has been involved, as manager or advisor, in investments across 17 different airports in Australia, the United Kingdom, Austria, Malta, Slovakia and Latin America.

As a signatory to The United Nations-supported Principles for Responsible Investment, funds managed or advised by IFM Investors actively engage on ESG issues with the companies in which they invest with the aim of enhancing their net performance while minimising investment risk.

Operating globally from offices in Melbourne, Sydney, London, Berlin, Zurich, Amsterdam, New York, Hong Kong, Seoul and Tokyo, IFM Investors manages investments across infrastructure, debt, listed equities and private equity assets. For more information, visit ifminvestors.com.