Grupo Aeroportuario del Pacifico Announces the Payment Date of the Second Installment of the Dividend Approved at the Ordinary Shareholders´ Meeting

Rhea-AI Summary

Grupo Aeroportuario del Pacífico (PAC) is set to complete its final dividend payment of Ps. 7.20 per share on November 17, 2022. This payment fulfills the dividend distribution approved during the Annual General Ordinary Shareholders’ Meeting on April 22, 2022. With 12 airports in operation across Mexico and interests in international airports, GAP demonstrates its commitment to providing returns to shareholders. The WHISTLEBLOWER program enhances corporate governance, ensuring compliance and accountability.

Positive

• Final dividend payment of Ps. 7.20 per share fulfills shareholder expectation.
• Strong operational presence with 12 airports in Mexico enhances revenue stability.

Negative

• None.

GUADALAJARA, México, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced that on November 17^th, 2022, the Company will complete the second and final portion of the dividend payment equivalent to Ps. 7.20 (SEVEN PESOS 20/100 M.N.) per each outstanding share, approved at the Annual General Ordinary Shareholders’ Meeting held on April 22^nd, 2022.

With this payment, the Company fully complies with the dividend distributions as approved at the Annual General Ordinary Shareholders’ Meeting.

Company Description

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico ’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker symbol “PAC” and on the Mexican Stock Exchange under the ticker symbol “GAP”. In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the operation of the Norman Manley International Airport in Kingston, Jamaica and took control of the operation in October 2019.

This press release may contain forward-looking statements. These statements are statements that are not historical facts and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and article 42 of the “Ley del Mercado de Valores”, GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that June involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01 800 563 00 47. The web site is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

IR Contacts: Saúl Villarreal, CFO Alejandra Soto, IRO & Corporate Finance Director Gisela Murillo, Investor Relations

svillarreal@aeropuertosgap.com.mx asoto@aeropuertosgap.com.mx gmurillo@aeropuertosgap.com.mx / +52-33-3880-1100 ext.20294

Facebook   Aeropuertos GAP Twitter   @aeropuertosGAP Instagram   @aeropuertosgap

FAQ

What is the dividend amount and payment date for PAC?

PAC will pay a final dividend of Ps. 7.20 per share on November 17, 2022.

When was the dividend approved for Grupo Aeroportuario del Pacífico?

The dividend was approved at the Annual General Ordinary Shareholders’ Meeting on April 22, 2022.

How many airports does Grupo Aeroportuario del Pacífico operate?

GAP operates 12 airports throughout Mexico's Pacific region.

Does Grupo Aeroportuario del Pacífico have international operations?

Yes, GAP has international interests, including airports in Jamaica.