Information about Reporting

This report summarizes the management reports of the Fraport Group and Fraport AG (combined management report). The comments on the Fraport Group also fundamentally apply to Fraport AG. Developments in the asset, financial, and earnings position of Fraport AG can be found in the chapter “Supplementary Management Report on the Separate Financial Statements of Fraport AG.”

The combined non-financial statement complies with the commercial law requirements and was prepared in accordance with Section 315c in conjunction with Sections 289c to 289e of the German Commercial Code (HGB) and the European Sustainability Reporting Standards (ESRS) issued by the EU Commission for the implementation of the Corporate Sustainability Reporting Directive (EU) 2022/2464 (CSRD). The combined non-financial statement has been prepared in part using the European Sustainability Reporting Standards (ESRS). The combined non-financial statement contains the required information of Fraport AG as the parent company pursuant to Sections 289b to 289e of the HGB. It is integrated in the combined management report and can be found in the chapter “Combined Non-Financial Statement.”

Group accounting takes account of the International Financial Reporting Standards (IFRS) in force on the reporting date (December 31, 2024) and the interpretations issued by the IFRS Interpretations Committee (IFRS IC) as adopted in the European Union (EU). In addition, Fraport reports the information pursuant to Section 315e (1) of the HGB.

To better represent the operating development compared with the previous year, revenue is also reported in the combined management report for order revenue from construction and expansion services in accordance with IFRIC 12 (referred to below as: Revenue adjusted for IFRIC 12). These relate to the capacitive capital expenditure in connection with service concession agreements at international Group airports (see also Group Notes, note 4 and note 49).

The Executive Board prepared the combined management report and consolidated financial statements as at December 31, 2024 at its meeting on March 11, 2025, presented the prepared consolidated financial statements to the audit committee and the Supervisory Board for review and approval at its meeting on March 14, 2025, and released them for publication on March 18, 2025.