Gatwick Funding Limited New CFO announcement (6418I)

TIDM79IU

RNS Number : 6418I

Gatwick Funding Limited

13 August 2021

Gatwick Funding Limited

13 August 2021

Issuer: Gatwick Funding Limited

Date: 13 August 2021

Gatwick Funding Limited (the "Issuer")

a company incorporated in Jersey (registered number 107376)

Chief Financial Officer Announcement - Gatwick Airport

The Issuer's parent, Gatwick Airport Limited (The Borrower), today announces the appointment of Jim Butler as Chief Financial Officer of Gatwick Airport.

Jim Butler to join Gatwick Airport Limited as Chief Financial Officer

Gatwick Airport Limited has announced today that in September 2021 Jim Butler will join its Board and leadership team as Chief Financial Officer. His most recent role was as Senior Vice President - Airport Operations and Cargo for American Airlines where he led airport operations and had oversight of strategic initiatives across American's global network throughout the United States, Latin America, the Caribbean, Europe and the Pacific. Since joining American Airlines in 1996, he worked in several departments and developed an extensive background in sales, marketing, pricing, operations, and finance.

Mr Butler has more than 20 years of experience in the airline industry and previously served as

president of American Airlines Cargo for four years. Prior to that role, Jim was managing director of Commercial Planning and Performance, where he was responsible for mainline and regional fleet planning and played a lead role in American's restructuring and merger with US Airways.

He was a member of the IATA Cargo Committee and the A4A Cargo Executive Council and has served as a member of the board of directors for the UK Board of Airline Representatives and the Joint Steering team at London's Heathrow Airport. He was also an executive sponsor of Professional Women in Aviation employee resource group and the Board President of the American Airlines Family Fund.

Jim graduated from Cornell University and has an MBA from the Kellogg School of Management at Northwestern University. He is a licensed private pilot.

Gatwick Airport, Chief Executive Officer, Stewart Wingate said:

"I am looking forward to Jim joining the executive leadership team and GAL Board as CFO. He has extensive experience in the aviation industry which I know will be invaluable to us as we build back the business after the decimating impact the pandemic has had on the industry. I would also like to take this opportunity to thank Lorenzo Rebel, our Deputy CFO, for his hard work on leading our financial management team over the last eight months."

About Gatwick Airport

Gatwick is the UK's second largest airport and flies a range of both short and long-haul point-to-point services. The airport is a vital piece of the UK's national infrastructure and is also a major driver for both the regional and national economies.

In 2019, a new long-term partnership was formed with VINCI Airports who purchased a 50.01% stake in the airport. VINCI Airports, the leading private airport operator in the world, manages 45 airports in 12 countries in Europe, Asia and the Americas. The company harnesses its expertise as a comprehensive integrator to develop, finance, build and operate airports, while leveraging its investment capability and expertise in optimising operational performance, modernising infrastructure and driving environmental transition. VINCI Airports became the first airport operator to start rolling out an international environmental strategy, in 2016, with a view to achieving net zero emissions throughout its network by 2050.

Global Infrastructure Partners (GIP), which manages the remaining 49.99% interest in Gatwick, is an independent infrastructure investor that makes equity investments in high quality infrastructure assets in the energy, transport and water/waste sectors. GIP has US$70 billion of Assets under Management. Its 41 portfolio companies operate in over 50 countries.

For more information on VINCI Airports please visit www.vinci-airports.com and for more information on GIP please visit http://global-infra.com

Media enquiries to:

GATWICK AIRPORT PRESS OFFICE

+ 44 (0) 1293 505000

gatwickmedia@gatwickairport.com

For further information on Gatwick Airport see www.gatwickairport.com or follow us on Twitter at www.twitter.com/Gatwick_Airport

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August 13, 2021 09:30 ET (13:30 GMT)

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