GAP Makes Major Payment on “GAP 21” Debt Securities

GAP paid Ps. 2,500 million for “GAP 21” debt securities using proceeds from a recent long-term debt issuance.

Recent Financial Actions

On May 2, 2025, Grupo Aeroportuario del Pacífico (GAP) successfully completed a payment of Ps. 2,500 million for its “GAP 21” debt securities. This sum corresponds to 25 million long-term securities, with the funds sourced from a previous debt issuance made on February 4, 2025. GAP operates 12 airports in Mexico’s Pacific region, covering major cities and tourist destinations, and is publicly traded on both the NYSE (PAC) and the BMV (GAP). The company’s expansion efforts include operations in Jamaica. Their recent press release emphasizes forward-looking statements related to financial and operational strategies while acknowledging potential risks and uncertainties. Additionally, GAP has introduced a whistleblower program to ensure confidential reporting of misconduct, managed by an external party.

Potential Positives

• The timely payment of Ps. 2,500 million indicates GAP’s strong financial health and efficient debt management.
• Funding through long-term debt securities signals reliable access to capital and confidence in the company’s creditworthiness.
• GAP’s broad operations across key airports in Mexico and Jamaica strengthen its strategic market presence.
• The new whistleblower program demonstrates GAP’s commitment to ethical practices and enhances corporate governance.

Potential Negatives

• Relying on new long-term debt to pay existing obligations may raise concerns regarding GAP’s financial stability and debt management practices.
• Lack of comprehensive details on overall financial performance may create uncertainty among investors.
• Forward-looking statements carry risks that may affect the expected financial outcomes, reflecting potential operational volatility.

Frequently Asked Questions (FAQ)

What recent financial action did Grupo Aeroportuario del Pacífico take?

On May 2, 2025, GAP paid Ps. 2,500 million upon the maturity of “GAP 21” debt securities.

How many airports does Grupo Aeroportuario del Pacífico operate?

GAP operates 12 airports in Mexico’s Pacific region, including major cities and tourist areas.

When was Grupo Aeroportuario del Pacífico listed on the stock exchange?

GAP was listed on the New York Stock Exchange in February 2006 under the ticker symbol “PAC.”

What is GAP’s whistleblower program?

The program allows anonymous reporting of suspected illegal activities to GAP’s Audit Committee.

Who to contact for Investor Relations at GAP?

Alejandra Soto and Gisela Murillo manage Investor Relations; their emails are provided for contact.

Full Release

GUADALAJARA, Mexico, May 5, 2025 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE:PAC; BMV: GAP) announced that it made the payment for the maturity of the “GAP 21” debt securities on May 2, 2025. This payment amounted to Ps. 2,500 million for 25 million securities with a face value of Ps. 100.0 each.

The payment was funded using proceeds from a long-term debt issuance on February 4, 2025.

Company Description

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports in Mexico’s Pacific region, including Guadalajara, Tijuana, and four tourist destinations: Puerto Vallarta, Los Cabos, La Paz, and Manzanillo. Additionally, GAP manages six mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali, and Los Mochis. The company’s shares debuted on the New York Stock Exchange in February 2006 under the ticker symbol “PAC” and on the Mexican Stock Exchange under “GAP.” In April 2015, GAP acquired Desarrollo de Concessioner Aeroportuarias, S.L., gaining a majority stake in MBJ Airports Limited, which operates Sangster International Airport in Jamaica. In October 2018, GAP secured a concession for managing Norman Manley International Airport in Kingston, Jamaica, which started operations in October 2019.

This press release may contain forward-looking statements, which are based on management’s current assessments of future economic conditions. Phrases like “anticipates,” “believes,” “estimates,” “expects,” and similar expressions are intended to identify such statements. These forward-looking assertions come with various risks and uncertainties, and there is no guarantee that expected results will be realized. Any changes in assumptions could result in significantly different outcomes from what is currently anticipated.

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 for confidential reporting of suspected misconduct. Reports can be submitted anonymously through a third-party service in Mexico at 800 04 ETICA (38422) or via WhatsApp +52 55 6538 5504. More information is available on their website: www.lineadedenunciagap.com or by email at [email protected]. All reports are directly communicated to GAP’s Audit Committee for prompt investigation.

Alejandra Soto, Investor Relations and Social Responsibility Officer	[email protected]
Gisela Murillo, Investor Relations	[email protected] / +52 33 3880 1100 ext. 20294