ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP 1 COMPETITIVE POSITION

The car park offering is the main paid service at Paris airports. This offering also faces direct competition from the offerings of car parks located near the airport. Airport hotels and hotels located nearby offer parking spaces to make the most of their vacant spaces. In both cases, passengers can then reach the terminals by means of shuttles. Lastly, private individuals living near airports also offer this service.

With regard to retail activities, to obtain products, customers look at their availability, price and the quality of service. Paris Aéroport is therefore in competition with many players to become the chosen place of purchase: city-centre shops offering tax-free services where applicable (perfumes, etc.), arrival airports (a very large number of countries now offer tax-free services), online sales sites, etc.

REAL ESTATE ACTIVITIES IN ÎLE-DE-FRANCE

Groupe ADP’s diversification real estate offering is in competition with the offering of real estate companies operating real estate parks around Paris airports. This competition mainly concerns the supply of offices, hotels, logistics warehouses and light industrial facilities.

HUB ONE ACTIVITIES

the leader in a very fragmented market subject to very significant future technological developments. Lastly, recently committed to cybersecurity, Hub One has a small share of a rapidly growing global market.

Hub One operates in three business segments, all of which are subject to real competitive pressure. On the telecom offering, Hub One is in direct competition with market-dominating operators such as Orange. For the mobility & traceability offer, Hub One is

INTERNATIONAL ACTIVITIES

and catchment areas. For example, a large number of airports managed by TAV Airports have significant leisure and tourist traffic, which places them de facto in competition with the airports of other tourist destinations, in particular seaside resorts around the Mediterranean. GMR Airports’ Indian airports are facing competition from Asian hubs to attract connecting traffic, and as such are impacted by the recurring financial difficulties encountered by Indian airlines.

Groupe ADP faces strong competition from other airport players and investment funds to win airport concessions outside of the Paris region. These players may be generalists or specialised in the infrastructure sector, and submit tenders alone or as part of a consortium. The airport concessions won by Groupe ADP are experiencing, for their aeronautical and commercial activities, competitive pressure similar to that experienced by Paris airports and which can vary according to the markets

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