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Investor Presentaiton

HAS CONCLUSION ✈ Houston is the most populous city in Texas and the 4th most populous in the United States ✈ The City and HAS expect to be an integral part of the national economy ✈ The City and HAS entered COVID-19 in a strong financial position ✈ COVID-19 impacted HAS operations, reaching a low in April, but monthly activity through July trends toward recovery with pre-COVID-19 levels expected by FY2024 ✈ $200m of CARES Act funding coupled with budgetary actions and structured refunding savings will be financially beneficial to the System as it operates during the pandemic ✈ Strong management team ✈ Expects to maintain or increase liquidity position with days cash on hand in FY20 at 470 days and an anticipated increase to 493 days cash on hand in FY21 IAH HOU HOUSTON AIRPORTS 25
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