Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Q2 2022 Earnings Conference Call July 26, 2022 10:00 AM ET Company Participants Adolfo Castro - Chief Executive Officer Conference Call Participants Alejandro Zamacona - Credit Suites Lucila Gomez - Compass Group Stephen Trent - Citi Rodolfo Ramos - Bradesco BBI Anton Mortenkotter - GBM Pablo Monsivais - Barclays Gabriel Himelfarb - Scotiabank Guilherme Mendes - JPMorgan Operator Good day, ladies and gentlemen, and welcome to ASUR's Second Quar ...

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Q1 2022 Earnings Conference Call April 26, 2022 10:00 AM ET Company Participants Adolfo Castro - Chief Executive Officer Conference Call Participants Alan Macias - Bank of America Alejandro Zamacona - Credit Suisse Francisco Suárez - Scotiabank Guilherme Mendes - JPMorgan Rodolfo Ramos - Bradesco BBI Juan Macedo - GBM Gabriel Himelfarb - Scotiabank Javier Gayol - GBM Pablo Monsivais - Barclays Giovanni Bisogno - Santander Operator Good day, ladie ...

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Q4 2021 Earnings Conference Call February 25, 2022 10:00 AM ET Company Participants Adolfo Castro - Chief Executive Officer Conference Call Participants Guilherme Mendes - JPMorgan Rodolfo Ramos - Bradesco BBI Pablo Monsivais - Barclays Diego Serrano - Credit Suisse Juan Macedo - GBM. Gabriel Himelfarb - Scotiabank Operator Good day, ladies and gentlemen and welcome to ASUR's Fourth Quarter 2021 Results Conference Call. My name is April and I wil ...

Financial Data and Key Metrics Changes - Passenger traffic improved significantly, reaching nearly 14 million passengers in Q3 2021, only 1.4% below pre-pandemic levels of Q3 2019 [4] - Cash and cash equivalents increased to Ps.11 billion, more than doubling from December 2020 levels [7] - Revenues excluding construction rose 154% year-on-year to Ps.4.5 billion, achieving an 11% increase over pre-pandemic levels [9] - Consolidated EBITDA increased to Ps.2.2 billion, up from Ps.755 million in Q3 2020, reflecting an 18% increase compared to Q3 2019 [12] Business Line Data and Key Metrics Changes - Domestic traffic in Mexico was down only 9% compared to Q3 2019, improving from a 12% drop in the previous quarter [5] - Commercial revenues increased significantly across operations: over 210% in Mexico, 133% in Puerto Rico, and nearly 190% in Colombia [9] - Operating expenses, excluding construction costs, increased 31% year-on-year, but consolidated costs were down mid-single digits compared to Q3 2019 [10] Market Data and Key Metrics Changes - Domestic traffic in Colombia was only 4% below Q3 2019 levels, showing strong recovery [5] - Mexico accounted for 67% of total revenues excluding construction, while Puerto Rico and Colombia represented 22% and 11%, respectively [9] - The ongoing vaccination rollout in the U.S. is expected to contribute to the recovery of international traffic in Mexican operations [6] Company Strategy and Development Direction - The company aims to leverage its airport network to rebuild its passenger base in the long term, focusing on gradual recovery and managing cash and variable costs cautiously [14] - The company is committed to completing its capital expenditures of Ps.3.5 billion for the year in Mexico, with ongoing projects in Mérida and Cancun [13] - The company remains focused on improving commercial operations and exploring attractive investment opportunities post-pandemic [39] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the recovery of traffic, expecting to reach pre-pandemic levels by Q2 2022 [6][17] - The company is concerned about potential future COVID-19 waves but is preparing for a strong winter travel season [36] - Management noted that inflation and supply chain issues could impact planned investments, but they are committed to meeting their capital expenditure commitments [44] Other Important Information - The company refined its loan with BVA at Cancun Airport, extending its maturity by seven years [8] - Accounts receivables dropped 18% sequentially, mainly due to declines in Puerto Rico [8] Q&A Session Summary Question: Traffic recovery expectations for the second half of next year - Management expects normalized growth in each region if the pandemic situation stabilizes [17] Question: Details on the refinancing of debt with Santander - Refinancing was done over a three-year period, with no payments due next year [20] Question: Airport tariff increase implementation - Management confirmed that the 17% increase in tariffs is being implemented gradually [24] Question: Outlook for operating expenses normalization - Management anticipates operating expenses will return to 2019 levels once the situation normalizes, but inflation will be a factor [34] Question: Recovery of international traffic from Canada and Europe - Management noted that recovery is expected, with some airlines showing interest in increasing flights [36] Question: Impact of rising material costs on planned investments - Management acknowledged that rising construction costs could affect capital expenditures but remains committed to meeting obligations [44] Question: Commercial revenue expansion drivers - Management indicated that commercial revenues are still affected by passenger numbers, with some categories performing better than others [46]

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Q2 2021 Earnings Conference Call July 23, 2021 10:00 AM ET Company Participants Adolfo Castro - CEO Conference Call Participants Alejandro Zamacona - Credit Suisse Guilherme Mendes - JPMorgan Rodolfo Ramos - Bradesco BBI Pablo Monsivais - Barclays Javier Gayol - GBM Anton Mortenkotter - GBM Gabriel Himelfarb – Scotiabank Operator Good day, ladies and gentlemen, and welcome to ASUR’s Second Quarter 2021 Results Conference Call. My name is Sandy, a ...

Financial Data and Key Metrics Changes - Cash and cash equivalents increased by 11% to MXN 5.7 billion from year-end levels, with cash increases of over MXN 600 million in Mexico and nearly MXN 7 million in Puerto Rico, partially offset by a MXN 64 million decline in Colombia [11] - Revenues, excluding construction, decreased by 36% year-on-year to MXN 2.7 billion, with aeronautical revenues declining in the high 20s and nonaeronautical revenues declining in the mid 30s [13][15] - Consolidated EBITDA declined by 42% year-on-year to MXN 1.3 billion, with an adjusted EBITDA margin of 58.8%, down from 69.9% in Q1 2020 but improved from 54.6% in Q4 2020 [17] Business Line Data and Key Metrics Changes - In Mexico, revenues accounted for 64% of total revenues, while Puerto Rico and Colombia represented nearly 26% and 2%, respectively [15] - Cost reductions contributed to a 21% year-on-year decline in consolidated costs, with costs in Mexico declining nearly 10% and costs in Puerto Rico down nearly 41% [16][17] - Capital expenditures during the quarter were nearly MXN 360 million, with over 90% invested in Mexico [18] Market Data and Key Metrics Changes - Passenger traffic in the first three months of the year was down 32% year-over-year, with Mexico down 36%, Puerto Rico down 20%, and Colombia down 30% [7] - Domestic traffic showed better trends, with declines in the mid-high teens in Mexico and Puerto Rico, while international traffic saw declines of nearly 50% in Mexico and Colombia, and 70% in Puerto Rico [7][10] Company Strategy and Development Direction - The company concluded a revision of its master development plan, resulting in a reduction of around MXN 2.65 billion from the previously committed investments [5] - The company remains optimistic about long-term global travel demand and expects traffic to return to pre-pandemic levels within 10 to 18 months [10][31] Management Comments on Operating Environment and Future Outlook - Management noted that while domestic traffic is expected to recover in the near term, international traffic will become more relevant in the medium term as pent-up demand drives traffic [10] - The company is analyzing the impact of new outsourcing laws in Mexico but does not expect significant changes in service provision for security and cleaning [32][33] Other Important Information - The company welcomed new independent board members, enhancing its commitment to ESG initiatives [6] - The company has maintained a strong balance sheet with low near-term principal payments, with just over 5% of total debt maturing in the next nine months [11] Q&A Session Summary Question: Update on Paris Act reimbursements in Puerto Rico - The remaining balance is MXN 9 million, with an additional MXN 10 million expected for the second half [22] Question: Update on new maximum airport tariffs - Tariffs are applicable from January 1st, but full implementation may not be reached this year due to traffic and passenger mix [24][25] Question: Dividend payments for this year - A dividend of MXN 8 was approved, with the payment date subject to Board approval from May 11 [26] Question: Traffic recovery timeline - The company expects to reach pre-pandemic traffic levels within 10 to 18 months [31] Question: Impact of new outsourcing law - The company is analyzing the situation and does not believe security and cleaning services will be considered as insourcing [33] Question: CapEx figures and traffic recovery - The CapEx postponement was considered in new figures, with MXN 3 billion budgeted for this year, and optimism for traffic recovery due to US vaccination efforts [35] Question: Nonaeronautical revenues and tenant relationships - The company expects no major issues with commercial tenants, as most contracts are adjusted automatically [47]

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Q3 2020 Earnings Conference Call October 23, 2020 10:00 AM ET Company Participants Adolfo Castro - Chief Executive Officer Conference Call Participants Mauricio Martínez - Grupo Bursátil Mexicano Pablo Monsiváis - Barclays Operator Please stand by. Good day, ladies and gentlemen, and welcome to ASUR's Third Quarter 2020 Results Conference Call. My name is Rachel and I'll be your operator. [Operator Instructions] As a reminder, today's call is bei ...

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Q2 2020 Earnings Conference Call July 23, 2020 10:00 AM ET Company Participants Adolfo Castro - Chief Executive Officer Conference Call Participants Alejandro Zamacona - Credit Suisse Mauricio Martínez - Grupo Bursátil Mexicano Rodolfo Ramos - Bradesco BBI Alan Macias - Bank of America Pablo Monsiváis - Barclays Operator Good day, ladies and gentlemen, and welcome to ASUR's Second Quarter 2020 Results Conference Call. My name is Hannah and I'll b ...