Financial Data and Key Metrics Changes - Aeronautical revenues increased by 17% year-over-year, driven by higher yields and increased passenger traffic [15][19] - Non-aeronautical revenues grew by 16%, with commercial revenues rising by 20% [15][19] - Adjusted EBITDA increased by 19% to MXN 2.6 billion, with an adjusted EBITDA margin of 74.6% [13][19] Business Line Data and Key Metrics Changes - Passenger traffic totaled 7.2 million, an 11% increase year-over-year, with domestic traffic growing by 10% and international traffic by 19% [11][12] - Commercial revenue per passenger increased by 8% to 62 pesos, with strong growth in restaurants (41.1%), parking (12.7%), VIP lounges (34.6%), and retail (27.4%) [13][17] - Diversification revenues increased by 11%, primarily from industrial services [13][19] Market Data and Key Metrics Changes - The occupancy rate for commercial space stood at 96% at the end of the quarter [13] - Viva Aerobus represented 51% of total traffic, with a 14% increase in terminal passenger numbers, while Volaris accounted for 24% of total traffic with a 31% increase [12] Company Strategy and Development Direction - The company is negotiating the 2630 Master Development Program, with a total committed investment similar to previous programs, focusing on enhancing efficiency and optimizing operations [8][9] - Approximately 49% of the investment will be allocated to Monterrey Airport, with key projects including terminal expansions and technology upgrades [10][56] Management Comments on Operating Environment and Future Outlook - Management anticipates mid to high single-digit traffic growth for the remainder of the year, influenced by reduced airline capacity and tougher comparisons to the previous year [26] - Strong economic performance in Monterrey is driving traffic growth, attributed to industrial activity and high occupancy in the industrial park [28] Other Important Information - The company completed a MXN 2.75 billion issuance in long-term notes, with proceeds used for loan repayments and committed investments [8] - Total debt at the end of the quarter amounted to MXN 13.6 billion, with a net debt to adjusted EBITDA ratio of one time [21] Q&A Session Summary Question: Confirmation on MDP CapEx levels - Management confirmed that the CapEx will be at a similar level in real terms, not per passenger [23] Question: Traffic outlook for the second half of the year - Management expects mid to high single-digit traffic growth, with some reduction anticipated due to airline capacity cuts [26] Question: Drivers of traffic performance - Traffic growth is attributed to strong economic performance in Monterrey and new routes [27][28] Question: Network development expectations for Monterrey Airport - New openings are expected in the domestic market, but growth may not accelerate significantly due to capacity cuts [33] Question: Tariff expectations for MVP - Management indicated that they do not foresee decreases in tariffs, with expected growth in low single digits [40] Question: Growth in commercial revenue per passenger - Management expects continued growth driven by contract renegotiations and new outlet openings [45] Question: Potential investments in Brazil - The company is not formally involved in the process of acquiring airport assets in Brazil but is always looking for opportunities [51] Question: Contribution of Monterrey to non-commercial revenues - Specific numbers were not available, but management will follow up [55] Question: Focus of new investments in Monterrey - Investments will focus on expanding platform capacity and improving operational efficiency [56] Question: Upside risk on passenger growth due to U.S. DOT actions - Management does not expect major impacts from recent U.S. DOT actions but will monitor the situation [63] Question: Dividend policy in light of expected CapEx - The company plans to maintain a similar dividend policy, distributing between 85% to 95% of net income [67]

Financial Data and Key Metrics Changes - Aeronautical revenues increased by 17% year-over-year, driven by higher yields and increased passenger traffic [12][15] - Non-aeronautical revenues grew by 16%, with commercial revenues rising by 20% [15][19] - Adjusted EBITDA increased by 19% to MXN 2.6 billion, with an adjusted EBITDA margin of 74.6% [13][19] - Consolidated net income reached MXN 1.3 billion, reflecting a 3.8% increase compared to the same quarter last year [20] Business Line Data and Key Metrics Changes - Passenger traffic totaled 7.2 million, an 11% increase year-over-year, with domestic traffic growing by 10% and international traffic by 19% [11][12] - Commercial revenue per passenger increased by 8% to 62 pesos, driven by strong performance in restaurants, parking, VIP lounges, and retail [13][15] - The occupancy rate for commercial space stood at 96% at the end of the quarter [13] Market Data and Key Metrics Changes - Monterrey Airport was a significant driver of growth, contributing to 65% of total domestic passenger growth and 66% of international passenger traffic increase [11][12] - Viva Aerobus represented 51% of total traffic, with a 14% increase in terminal passenger numbers, while Volaris accounted for 24% of traffic with a 31% increase [12] Company Strategy and Development Direction - The company is focused on a master development program aimed at enhancing efficiency and optimizing operations, with a significant portion of investment allocated to Monterrey Airport [8][10] - The investment proposal emphasizes capacity optimization and improving passenger experience, with a low single-digit increase in maximum tariffs expected [10][19] Management Comments on Operating Environment and Future Outlook - Management anticipates mid to high single-digit traffic growth for the remainder of the year, despite some capacity reductions announced by airlines [26] - Strong economic performance in the Monterrey region is attributed to industrial activity, which is expected to continue driving traffic growth [29] Other Important Information - The company completed a MXN 2.75 billion issuance in long-term notes, with proceeds used for loan repayments and committed investments [7] - Changes in senior management were announced, with a new COO and CCO set to join the company [5][6] Q&A Session Summary Question: Confirmation on MDP CapEx levels - Management confirmed that the CapEx levels are similar in real terms to previous programs [24][25] Question: Traffic outlook for the second half of the year - Management expects mid to high single-digit traffic growth, with some reduction anticipated due to airline capacity cuts [26] Question: Drivers of traffic performance - Traffic growth is attributed to strong economic performance and industrial activity in Monterrey [28][29] Question: Network development expectations for Monterrey Airport - New domestic routes are expected, but growth may be tempered by capacity cuts [34] Question: Tariff expectations for MVP - Management indicated that tariff increases are expected to be in the low single digits, with no decreases anticipated [41] Question: Growth in commercial revenue per passenger - Management highlighted ongoing initiatives to enhance commercial revenues through contract renegotiations and new outlet openings [44][45] Question: Potential investments in Brazil - The company is not formally involved in the process of acquiring airport assets in Brazil but is always looking for opportunities [49] Question: Contribution of Monterrey to non-commercial revenues - Specific numbers were not provided, but management will follow up on this inquiry [52] Question: Focus of new investments in Monterrey - Investments will focus on expanding platform capacity and improving operational efficiency [54][55] Question: Impact of U.S. DOT actions on passenger growth - Management does not expect major impacts from recent U.S. DOT actions but will monitor the situation closely [60] Question: Dividend policy outlook - The company plans to maintain a similar dividend distribution policy, with potential increases as EBITDA and net income grow [64]