FINANCIAL TARGETS

Operating profit (EBIT)
EBIT magin at least 6%; over 120 mill. EUR in the coming few years

EBITDAR
EBITDAR margin at least 17%; over 350 mill. EUR in the coming few years

Economic profit
To create positive value over pretax WACC of 9.5%

Adjusted gearing
Gearing adjusted for aircraft lease liabilities not to exeed 140%

Pay out ratio
Minimum one third of the EPS