I. INTRODUCTION AND PARTIES

1. This case concerns a dispute submitted to the International Centre for Settlement of Investment Disputes (“ICSID” or the “Centre”) on the basis of the “Agreement between the Federal Republic of Germany and the Republic of the Philippines on the Promotion and Reciprocal Protection of Investments” dated April 18, 1997 and in force since February 1, 2000 (the “BIT” or “Treaty”), and the Convention on the Settlement of Investment Disputes between States and Nationals of Other States, which entered into force on October 14, 1966 (the “ICSID Convention”).

2. Claimant is Fraport AG Frankfurt Services Worldwide (“Fraport” or “Claimant”), a company incorporated in Germany. Fraport was formerly known as Flughafen Frankfurt Main AG (“FAG”).

3. Respondent is the Republic of the Philippines (“The Philippines,” the “Government,” or “Respondent”).

4. Claimant and Respondent are hereinafter collectively referred to as the “Parties.” The Parties’ respective representatives and their addresses are listed above on page (i).