ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP

MAIN PLATFORMS

Regulation Delhi airport operates with a system of double hybrid tiles. Aeronautical revenues are regulated by the Airports Economic Regulatory Authority (AERA) over 5-year periods, after consultations with stakeholders and through orders. Non aeronautical revenues are not regulated, however, a contribution of 30% of these revenues to the regulated revenues is imposed. In 2020, DIAL was granted a temporary extension of the conditions of the second regulation period, while waiting for the determination of the regulated tariffs for the third period, which was supposed to run between April 2019 and March 2024. On 5 January 2021, the Delhi High Court granted Delhi Airport, via a temporary order for relief, the right to suspend the payment of concession fees until an arbitration court rules on the matter. Access Terminals 2 and 3 are connected to the central train station of New Delhi by the dedicated Delhi Airport Metro Express Line, which opened in February 2011. It serves the airport in less than 20 minutes from the city centre. The airport is also connected by several express road, including the Delhi Gurgaon Expressway. Investment programme Delhi Airport has embarked on a major development and investment programme in its infrastructure to ensure its adaptation to the traffic growth expected in the coming years, for a total of more than €1.2 billion, and expected to be completed in the autumn of 2023 (Phase 3A). The main short-term project is the reconstruction of terminal 1, in order to increase its capacity to 40 million passengers, the first phase of which should be commissioned in 2022. It also includes the reconstruction and expansion of the north apron, the aircraft parking stands, new parallel taxiways servicing the north side runways as well as the adaptation of the road access system. The Phase 3A investment programme includes the construction of the second runway of the southern doublet (opening scheduled for 2022) as well as a system of taxiways to the east connecting the two doublets in order to increase the efficiency of aeronautics operations and thus improve punctuality. Work progressed steadily throughout 2021, despite the effects of the health crisis.

Due to the crisis linked to the Covid-19 pandemic, Delhi Airport’s traffic decreased in 2020 to 28.5 million passengers. However, traffic proved very resilient to the crisis in 2021, with more than 37.1 million passengers, i.e. a recovery rate of 54.2% of 2019 traffic. This recovery was strongly supported by the domestic segment, despite the second wave in India in April and May. At the end of 2021, domestic traffic returned to its pre-crisis level, before contracting again due to the Omicron variant wave. Infrastructure Originally built on the site of an air force base, Palam Airport (the site of the current terminal 1), experienced a sharp increase in traffic from the 1970s, leading to the construction of the second terminal, which opened in May 1986 and the expansion of the airside facilities to the south of the airport. Subsequently, it was renamed Delhi International Airport. After the transfer of the operations to the private company DIAL, the third terminal was built by GMR Airports and inaugurated in 2010. This new terminal T3 is dedicated to the international traffic. The airport operates with two runways located on each side of the central terminals (T2 and T3) and a third runway in the north side, almost parallel to the two other ones. A fourth runway is being finalised and should be open for operations in 2022. It is located to the south of the facilities and will form a doublet parallel to the existing runway. Delhi Airport will then operate a system of a quasi-doublet of runways on the north side and a doublet of runways on the south side, similar to the layout in CDG airport which has proven its high operational efficiency. At end of 2021, IGIA had a total of 73 passenger boarding bridges (PBB) in the T3 terminal and 5 PBB in T2, with a total for the three terminals of 78 aircraft parking stands and 114 remote parking

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stands (including 12 stands for cargo operations). NOMINAL CAPACITY OF THE TERMINALS

2021

(in millions of passengers/year)

Terminal 1 (C/D)

15 17

Terminal 2 Terminal 3

42 74

TOTAL

The airport hosts a cargo zone of more than 60 ha, one of the largest in the South Asia region. With two main dedicated terminals, the platform has experienced strong growth in its activity, exceeding 1 million tonnes of freight in 2019. It has specialised cargo facilities, notably for perishable goods and controlled temperature fret. The Transhipment Excellence Centre, located airside on 7,500 m 2 , ensures the fast multimodal transfer of goods with a processing time of less than 20 minutes on average.

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