ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP 1 MAIN PLATFORMS

Flightsafety, a major provider of pilot training services, enhanced its offering by installing new simulators at its centre. Similarly, major international manufacturers (Dassault Falcon, Cessna, Embraer and TAG, along with Bombardier and Gulfstream since 2019) have located Europe-wide maintenance centres at the Paris-Le Bourget Airport. The Airbus Hélicoptères plant (helicopter blade manufacturing) was commissioned in 2017 and a 5,000 m 2 apprentice training centre for the aviation industry opened in September 2019. It should be noted that Bombardier and NetJet, two major players in the industry, were established on the platform at the end of 2021. The two companies carry out maintenance operations. Other companies continue to request land on which to develop or set up their operations and are submitting projects for the coming years. All of the activities are part of the announced development connected with the “ Métropole du Grand Paris ” project, and particularly the future building of the Grand Paris Express “Le Bourget Aéroport” train station planned for 2026. Paris-Le Bourget Airport’s metropolitan department Le Bourget is one of the eight cities included in the new Établissement Public Territorial “Paris Terres d’Envol ”, a component of the Métropole du Grand Paris created in early 2016. The local municipalities are fully involved with the airport in the preliminary works launched by the Société du Grand Paris and the Olympic Committee for the games in Paris in 2024. The studies take into account the main aspects of the development of the south zone of the airport. The deployment of certain installations in the airport environment provide an opportunity included in the development studies. In 2020, Groupe ADP actively participated in discussions on the implementation of an inter-municipal geothermal network, which could cover the aeronautical scope. Groupe ADP is working on redefining the development plan for the airport and the development of the airport maintenance group. It is also involved in the creation of hangars and aircraft parking areas in the central zone. Proposals for 2021-2022 The Paris-Le Bourget platform will benefit from the arrival of Line 17, which will enhance the platform’s attractiveness and accessibility and justify infrastructure maintenance and upgrading operations in the area. While the planned investment projects for the Paris-Le Bourget platformwill focus on maintaining the portfolio, an effort will also be focused on environmental and innovation issues. To meet environmental objectives, the Paris-Le Bourget platform is installing LED lighting on aircraft stands, while gradually deploying electrical outlets in aircraft parking areas to limit the use of internal combustion engines (APU). A proactive approach was also undertaken to encourage ground handling assistants (FBO) to electrify their ramp vehicles, which also aims to offer these players the opportunity to test new low-carbon equipment in real situations (for example, the use of electric GPUs). In addition, Paris-Le Bourget Airport is the first French airport to have a dedicated aeronautical biofuel station (SAF).

Given the context, several renovation projects have been postponed (renovation of buildings, lighting systems, etc.). Finally, Paris-Le Bourget Airport is a major arm of the Group’s real estate business and a significant share of the real estate revenues of Paris-Le Bourget Airport are closely linked to business aviation. Regulatory constraints To cut down on aircraft noise pollution for local communities, jet aircraft take-offs, the use of reverse thrust systems and the use of runway 2 by aircraft exceeding 5.7 tonnes are prohibited between 10:15 pm and 6:00 am. The business aviation market Business aviation is a professional tool used by companies as well as individuals in three complementary forms: ◆ commercial business aviation: independent transport companies provide an on-demand “air-taxi” service, supplying aircraft and crew for the duration of the flight. The cost of the flight depends on the type of aircraft and the amount of flight time; ◆ time-share aviation: a company buys a share in an executive jet, corresponding to a certain amount of annual flight time; ◆ corporate aviation: a company owns its own fleet of aircraft and employs its own crews for its exclusive needs. Paris-Le Bourget Airport offers several advantages for business travellers: ◆ fast boarding and deplaning, thanks to the optimisation of transfer procedures between aircraft and ground transportation; ◆ the quality of its aviation facilities; ◆ its proximity to Paris; ◆ the presence of the world’s leading global corporate aviation service operators, guaranteeing travel service quality and confidentiality; ◆ the presence on site of the European maintenance centres of three of the five main international business aircraft manufacturers; ◆ the possibility of landing at the airport at all hours, within certain limits, and of reaching destinations not served by traditional commercial airlines; ◆ the quality of the ground services and the possibility of holding meetings at the airport itself. Competition Paris-Le Bourget maintained its position as Europe’s leading business airport in terms of movements in 2021. The platform is thus still far ahead of its main competitors, Nice and Geneva, which also benefited from dynamic traffic in the second half of 2021. The airport continues to attract the main business aviation players. The airport had seven support companies in 2021 (Signature Flight Support, Jetex Flight Support, Universal Aviation, Advanced Air Support International, Dassault Falcon Services, ExecuJet, and Astonsky).

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AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 202 1