ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP

MAIN PLATFORMS

Terminals The terminal area of the airport is 181,000 m 2 :

INTERNATIONAL PASSENGER TRAFFIC BY COUNTRY OF ORIGIN AT ANTALYA IN 2021

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◆ International T1: 61,258 m 2 ; ◆ International T2: 92,703 m 2 ; ◆ Dom: 37,017 m 2 ; ◆ GA: 1,510 m 2 . There are 212 check-in desks. (75 counters for T1, 105 counters for T2, 32 counters for the domestic terminal). Regulatory: Concession Period and tariffs The current concession period is valid until December 2026. The official rate is regulated by the Turkish Airport Authority (DHMI) and is €15 per departing international passenger. The transfer price is €2.5, and the domestic price is €3 per departing passenger. The rental fee paid by Fraport-TAV Antalya is €100.5 million + VAT each year. As the highest bidder, the joint venture formed by TAV and Fraport (JV) won the tender launched by the National Airport Authority (DHMI) for additional investments to increase the capacity of Antalya Airport and the concession of rights to operate the existing international terminal, the CIP terminal, the general aviation terminal, the domestic terminal and their ancillaries. According to the specifications of the call for tenders, the consortium has the concession right to operate Antalya Airport for 25 years from 1 January 2027 to 31 December 2051. The service fee will be €17 per outgoing international passenger and €3 per outgoing domestic passenger during the new concession period. An amount of €7.25 billion (excluding VAT) will be paid to DHMI in respect of the total rent of the concession.

2% Romania

2% Bielarus

2% Switzerland 2% Kazakhstan

1%

Others

14%

Poland 5%

40% Russia

Ukraine 14%

Germany 18%

Infrastructure Runways

Antalya Airport has two parallel runways (plus an additional runway reserved for military use) and therefore the potential for traffic growth with additional parking areas and terminals. Currently the airport has 28 boarding bridges, 24 of which serving the international traffic.

The company to be formed by the JV will sign a lease agreement with DHMI after the completion of the necessary approvals and legal procedures.

Security redemption/ int’l pax

PAX Charge Domestic

Volume Guarantee Concession/ Lease Fee

Type / End date of Concession Concession lease (Dec. 2026)

TAV Stake Scope

2019 Pax

PAX Charge International

Airport

Antalya

50% 1

Terminal

35.7

€15 €2.5 (Transfer) €17 €5 (Transfer)

€3

€0.75

No

€100.5 million + VAT

New Antalya concession (from 2027)

Concession lease (Dec. 2051)

50% 2

Terminal

35.7

€3

€0.75

No €1,813 million upfront, €145 million from 2027 to 2031 and €236 million from 2032 to 2051 + VAT 3

1 TAV Airports’ 49% stake in Antalya Airport entitles it to equal governance and 50% of dividends. 2 TAV Airports’ 51% stake in Antalya Airport entitles it to equal governance and 50% of dividends. 3 VAT will be paid on an accrual basis from 2027 (€52.2 million per year).

Access Airport is located 13km away from Antalya city centre. Terminal 1 is connected to the city by the Fatih-Meydan Airport tram system. Various shuttle services are available. Investment programme In 2021, Antalya Airport opened an extension of 10,000 m 2 aiming to increase the number of check-in counters and x-ray security at the entrance to terminal 2.

Approximately €765 million under a fixed-price design-build contract will be invested in the extension of the terminals (+105,000 m 2 for international flights and +38,000 m 2 for domestic flights), the extension of reserved areas (+1,000,000m 2 ) and a new international terminal of 70,000 m 2 (opening in 2040) for Antalya Airport, which will double the capacity to 80 million passengers per year. The initial investment of around €600 million is planned over two to three years and the subsequent investment of around €165 million in 2038 in the new international terminal is planned over two years.

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