DGAP-Adhoc: Airbus SE: Airbus reaches agreements with French, U.K. and U.S. authorities

DGAP-Ad-hoc: Airbus SE / Key word(s): Agreement 
Airbus reaches agreements with French, U.K. and U.S. authorities 
 
31-Jan-2020 / 18:30 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Ad-hoc release, 31 January 2020* 
 
*Airbus reaches agreements with French, U.K. and U.S. authorities* 
 
· These agreements conclude investigations by authorities into the Company 
 
· This outcome is the result of reporting, cooperation and new compliance 
standards at Airbus 
 
· Airbus is determined to conduct business with integrity 
 
*Amsterdam, 31 January 2020* - Airbus has reached final agreements with the 
French Parquet National Financier (PNF), the U.K. Serious Fraud Office 
(SFO), and the U.S. Department of Justice (DoJ) resolving the authorities' 
investigations into allegations of bribery and corruption, as well as with 
the U.S. Department of State (DoS) and the DoJ to resolve their 
investigations into inaccurate and misleading filings made with the DoS 
pursuant to the U.S. International Traffic in Arms Regulations (ITAR). 
 
Airbus has agreed to pay penalties of EUR  3,598 million plus interest and 
costs to the French, U.K. and U.S. authorities. The settlements with each 
authority are as follows: PNF EUR  2,083 million, the SFO EUR  984 
million, the DoJ EUR  526 million and the DoS EUR  9 million of which 
EUR  4.50 million may be used for approved remedial compliance measures. 
 
Airbus received credit from the authorities for having reported and for its 
consistently strong cooperation during the investigations. 
 
*Convention Judiciaire d'Intérêt Public **with the PNF* 
Airbus has agreed to enter into a _Convention Judiciaire d'Intérêt Public 
_with the PNF. This agreement does not amount to an admission of liability. 
Under this agreement, the PNF has agreed to suspend prosecution of Airbus 
for a duration of three years. Prosecution will be discontinued if Airbus 
complies with the terms of the agreement throughout this period, which it is 
committed to doing. The agreement also contains an obligation for Airbus to 
submit its compliance programme to targeted audits carried out by the Agence 
Française Anticorruption (AFA) over a period of three years. 
 
*Deferred Prosecution Agreement with the SFO* 
Airbus has agreed to enter into a Deferred Prosecution Agreement with the 
SFO. This agreement does not amount to an admission of liability. Under this 
agreement, the SFO has agreed to suspend prosecution of Airbus for a 
duration of three years. Prosecution will be discontinued if Airbus complies 
with the terms of the agreement throughout this period, which it is 
committed to doing. In light of the continuing monitorship to be conducted 
by the French Anti-Corruption body, the AFA, no independent compliance 
monitor will be imposed on Airbus under the agreement with the SFO. 
 
*Deferred Prosecution Agreement with the DoJ* 
 
Airbus has agreed to enter into a Deferred Prosecution Agreement with the 
DoJ. Under this agreement, the DoJ has agreed to suspend prosecution of 
Airbus for a duration of three years. Prosecution will be discontinued if 
Airbus complies with the terms of the agreement during this period, which it 
is committed to doing. No independent compliance monitor will be imposed on 
Airbus under the agreement with the DoJ. 
 
*Consent Agreement with the DoS* 
Finally, Airbus has agreed to enter into a Consent Agreement with the DoS. 
Under this agreement, the DoS has agreed to settle all civil violations of 
the ITAR outlined in Airbus' voluntary disclosures identified in the Consent 
Agreement, and Airbus has agreed to retain an independent export control 
compliance officer, who will monitor the effectiveness of Airbus' export 
control systems and their compliance with the ITAR. 
 
For legal reasons, Airbus cannot make any comment on the agreed Statements 
of Facts published by the investigating authorities. 
 
Airbus has taken significant steps to reform itself and to ensure that this 
conduct will not reoccur. Airbus has significantly enhanced its compliance 
system under the supervision of an Independent Compliance Review Panel. The 
Company is committed to conducting business with integrity. 
 
Denis Ranque, Chairman of the Board of Directors of Airbus, stated: "The 
settlements we have reached today turn the page on unacceptable business 
practices from the past. The strengthening of our compliance programmes at 
Airbus is designed to ensure that such misconduct cannot happen again. The 
agreements also reflect that the decision to voluntarily report and 
cooperate with the authorities was the right one. The commitment from the 
Board, and its Ethics and Compliance Committee, to provide full support to 
the investigation and the implementation of globally recognised compliance 
standards have paved the way to today's agreements." 
 
Guillaume Faury, Chief Executive Officer of Airbus, added: "The agreements 
approved today with the French, UK, and US authorities represent a very 
important milestone for us, allowing Airbus to move forward and further grow 
in a sustainable and responsible way. The lessons learned enable Airbus to 
position itself as the trusted and reliable partner we want to be." 
 
Airbus will continue to cooperate with the authorities in the future, 
pursuant to the agreements, and to install a strong Ethics & Compliance 
culture within the Company. 
 
* * * 
 
*About Airbus* 
 
Airbus is a global leader in aeronautics, space and related services. In 
2018 it generated revenues of EUR  64 billion and employed a workforce of 
around 134,000. Airbus offers the most comprehensive range of passenger 
airliners. Airbus is also a European leader providing tanker, combat, 
transport and mission aircraft, as well as one of the world's leading space 
companies. In helicopters, Airbus provides the most efficient civil and 
military rotorcraft solutions worldwide. 
 
*Contacts for the media* 
Guillaume Steuer [e-mail] [phone] 
Stefan Schaffrath [e-mail] [phone] 
 
31-Jan-2020 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     Airbus SE 
             P.O. Box 32008 
             2303 DA Leiden 
             Netherlands 
Phone:       [phone] 
Fax:         [phone] - 26481 
Internet:    www.airbusgroup.com 
ISIN:        NL0000235190 
WKN:         938914 
Indices:     MDAX 
Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated 
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
             Munich, Stuttgart, Tradegate Exchange 
EQS News ID: 965485 
 
End of Announcement DGAP News Service 
 
965485 31-Jan-2020 CET/CEST 
 
 

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January 31, 2020 12:30 ET (17:30 GMT)