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Grupo Aeroportuario del Pacifico Pays the Third Installment of the Dividend Approved at the Ordinary Shareholder's Meeting

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Grupo Aeroportuario del Pacífico announces dividend payment
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GUADALAJARA, México, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that today the Company made the payment of the third installment of Ps.3.71 (THREE PESOS 71/100 M.N.) per each outstanding share, corresponding to the dividend payment approved at the Annual General Ordinary Shareholders’ Meeting held on April 13th, 2023. This payment corresponds to the thirty-six such payment.

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 Norman Manley International Airport operation 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 involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

Alejandra Soto, Investor Relations and Social Responsibility Officerasoto@aeropuertosgap.com.mx
  
Gisela Murillo, Investor Relationsgmurillo@aeropuertosgap.com.mx/+52 33 3880 1100 ext. 20294

FAQ

What is the dividend payment per share?

The dividend payment is Ps.3.71 per share.

When was the dividend payment approved?

The dividend payment was approved at the Annual General Ordinary Shareholders’ Meeting held on April 13th, 2023.

How many airports does Grupo Aeroportuario del Pacífico operate?

Grupo Aeroportuario del Pacífico operates 12 airports in Mexico’s Pacific region.

What are the major cities covered by Grupo Aeroportuario del Pacífico?

The major cities covered by Grupo Aeroportuario del Pacífico include Guadalajara and Tijuana.

What other tourist destinations are covered by Grupo Aeroportuario del Pacífico?

Grupo Aeroportuario del Pacífico covers tourist destinations such as Puerto Vallarta, Los Cabos, La Paz, and Manzanillo.

Has Grupo Aeroportuario del Pacífico acquired any other companies?

Yes, Grupo Aeroportuario del Pacífico acquired Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, and also entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica.

Does Grupo Aeroportuario del Pacífico have a whistleblower program?

Yes, Grupo Aeroportuario del Pacífico has implemented a whistleblower program for reporting suspected activities.

What is the contact information for the whistleblower program?

The telephone number in Mexico is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com and the email is denuncia@lineadedenunciagap.com.

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.

NYSE:PAC

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About PAC

Grupo Aeroportuario del Pacífico, S.A.B. de C.V., known as GAP, is a Mexican airport operator headquartered in Guadalajara, Mexico.