Grupo Aeroportuario del Pacifico Announces Postponement of Annual General Ordinary Shareholders’ Meeting

GUADALAJARA, Mexico, April 14, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) informs that, in accordance with the health emergency caused by the COVID-19 pandemic, the Company’s Board of Directors has decided to postpone the General Ordinary Shareholders’ Meeting (“the Meeting”) that was originally announced on March 26, 2020, and was to be held on April 28, 2020. The new date will be announced at a later date.

The new date for the Meeting will be July 1, 2020 at 12:00 pm in the Salón Oceanía I in the Hotel Hilton, located at Avenida de las Rosas 2933, Col. Rinconada del Bosque in the city of Guadalajara, in the state of Jalisco.

This decision was the result of a March 30, 2020 announcement made by the Mexican Government in the Official Federal Gazette regarding a health emergency generated by the SARS-CoV2 (COVID-19) virus on account of Force Majeure. Thus, the next day, the Ministry of Health and Sanitation implemented health measures for the whole country. Among these was the immediate suspension of all non-essential business in the public, private and social sectors from March 30, 2020 to April 30, 2020.

Company Description
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s 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, GAP’s 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 Concesiones 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. 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.

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 00 47. The web site is www.lineadedenuncia.com/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.