GlobeNewswire Inc | Sep 15, 2021 04:18PM EDT

September 15, 2021

GUADALAJARA, Mexico, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacfico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (the Company or GAP) announces that on September 28, 2021, it will be made the capital reduction payment approved at the Extraordinary Shareholders Meeting held on September 14, 2021.

The capital reduction payment will be in accordance with the first resolution approved during the Extraordinary Shareholders Meeting, equivalent to Ps. 7.80 (SEVEN PESOS 80/100 M.N.) per each outstanding share.

The capital reduction payment corresponds to the thirty-one such payment.

Company Description:

Grupo Aeroportuario del Pacfico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexicos 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, GAPs 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 operation of the Norman Manley International Airport in Kingston, Jamaica and took control of the operation in October 2019.

This press release may contain forward-looking statements. These statements arenot historical facts, and are based on management?s current view and estimatesof future economic circumstances, industry conditions, company performance andfinancial results. The words ?anticipates,? ?believes,? ?estimates,? ?expects,??plans? and similar expressions, as they relate to the company, are intended toidentify forward-looking statements. Statements regarding the declaration orpayment of dividends, the implementation of principal operating and financingstrategies and capital expenditure plans, the direction of future operationsand the factors or trends affecting financial conditions, liquidity or resultsof operations are examples of forward-looking statements. Such statementsreflect the current views of management and are subject to a number of risksand uncertainties. There is no guarantee that the expected events, trends orresults will actually occur. The statements are based on many assumptions andfactors, including general economic and market conditions, industry conditions,and operating factors. Any changes in such assumptions or factors could causeactual 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 may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01-800-563-0047. The web site is www.lineadedenuncia.com/gap. GAPs Audit Committee will be notified of all complaints for immediate investigation.

IR Contacts: Sal Villarreal, Chief Financial svillarreal@aeropuertosgap.com.mxOfficerAlejandra Soto, IRO andCorporate asoto@aeropuertosgap.com.mxFinance DirectorGisela Murillo, Investor Relations gmurillo@aeropuertosgap.com.mx/ +52-33-3880-1100 ext. 20294