Market Risk We are principally exposed to market risks from fluctuations in interest rates and foreign currency exchange rates. We use derivative instruments on a selective basis to manage interest rate risk. We do not hold or issue derivatives for speculative purposes and have engaged in trading only with well-known financial institutions. Foreign Currency Exchange Rate Risk Our principal exchange rate risk involves changes in the value of the Mexican peso relative to the U.S. dollar. Historically, a significant portion of the revenues generated by our airports (principally derived from passenger charges for international passengers) has been denominated in or linked to the U.S. dollar, although such revenues are largely collected in Mexican pesos based on the average exchange rate for the prior month. In 2023, 2024 and 2025, 27.8%, 29.6% and 27.3%, respectively, of our consolidated revenues were derived from passenger charges for international passengers. In addition, a substantial portion of our contracts with providers of commercial services are denominated in U.S. dollars. In 2023, 2024 and 2025, 33.2%, 29.2% and 26.2%, respectively, of our consolidated revenues were derived from contracts from commercial service providers that are denominated in U.S. dollars. Substantially all of our other revenues are denominated in Mexican pesos. Substantially all of our consolidated costs and expenses are denominated in Mexican pesos (other than the salaries of our executive officers and the technical assistance fee, to the extent paid based on the fixed minimum annual payment). Based on a 5% depreciation of the Mexican peso compared to the U.S. dollar as of December 31, 2025, we estimate that our revenues for the year ended December 31, 2025 would have increased by Ps. 116.0 million. As of December 31, 2023, 2024, and 2025, 55.0%, 63.8%, 69.4% respectively, of our cash, cash equivalents and investments in financial instruments were denominated in dollars. Based on a 5% depreciation of the Mexican peso compared to the U.S. dollar as of December 31, 2025, we estimate that the value of our cash and cash equivalents and investments in financial instruments as of December 31, 2025 would have increased by Ps.458.2 million. As of December 31, 2025, 95.5% of our foreign currency indebtedness was denominated in U.S. dollars and 4.5% was denominated in Colombian pesos. A decrease in the value of the Mexican peso relative to the dollar will increase the cost in pesos of servicing our U.S. dollar denominated indebtedness. Based on a 5% depreciation of the Mexican peso compared to the U.S. dollar as of December 31, 2025, we estimate that our long term debt as of December 31, 2025 would have increased by Ps.443.5 million. As of December 31, 2023, 2024 and 2025, we did not have any outstanding forward foreign exchange contracts. Interest Rate Risk We depend upon bank credit facilities to partially finance our operations. These transactions expose us to interest rate risk, with the primary interest rate risk exposure resulting from changes in the relevant base rates (banks charged interest based on TIIEF plus a margin or based on DTF plus a margin of 4.00%) which are used to determine the interest rates that are applicable to borrowings under our credit facilities. All of our interest rate swap agreements expired in 2012. For more information regarding our economic hedging transactions, see “Item 5—Operating and Financial Review and Prospects—Liquidity and Capital Resources—Indebtedness.” Based on a 1.0% increase in TIIEF, we estimate that the cost of our debt service for the year ended December 31, 2025 would have increased by Ps.183.1 million in 2025. Based on a 1.0% increase in DTF, we estimate that the cost of our debt service for the year ended December 31, 2025 would have increased by Ps.3.2 million in 2025. ​ 174 Table of Contents