ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP 1 REGULATORY ENVIRONMENT

Since the application of the decision of the Council of State of 28 January 2021 (No. 436166) plus lawNo. 2021-1308 of 8 October 2021 on various provisions for adapting European Union law in transport, environment, economy and finance (DDADUE), the Transport Regulatory Authority determines, by a decision published in the Official Journal, the principles governing the allocation of assets, products and expenses within the regulated scope of airport operators falling within its remit, including Paris Charles de Gaulle, Paris-Orly and Paris-Le Bourget. This authority has been codified in article L. 6327-3-1 of the French Transport Code. The aforementioned decision has not yet been adopted by the ART. See also Section 1.1.2.2 “Fees”.

These fees are mainly governed by the provisions of the French Civil Aviation Code (articles L. 6325-1 et seq. , articles R. 224-1 et seq. ) and, when the French State and the aerodrome operator have entered into such agreements one, by the provisions of an economic regulation contract (no contract currently in effect). Fees are subject to annual approval by a sector regulator. This has been the transport regulatory authority (ART) based on the approval of the Pacte law since the implementation of order No. 2019-761 of 24 July 2019 on the regulator of airport fees. This independent public authority replaced the Independent Supervisory Authority for Airport Charges (ASI) and has exercised its regulatory authority for the airport sector since the 2020 pricing period.

OPENING OF AIRFIELDS TO PUBLIC AIR TRAFFIC

normally provided in all circumstances. The other civil general aviation aerodromes operated by Aéroports de Paris are classified in category C (short-haul services and certain medium- and even long-haul services that only include short trips from these aerodromes, to the tourism sector), D (intended for aeronautical training, air sports, tourism and certain short-haul services) or E (intended for rotorcraft and vertical or slant-take-off aircraft).

All aircraft with the appropriate technical characteristics may use airfields operated by Aéroports de Paris. Airfields managed by Aéroports de Paris are open to public air traffic. The civil aviation code classifies airfields intended for public air traffic into five categories, according to the nature of the traffic that the airfields need to handle. Paris-Charles de Gaulle, Paris Orly and Paris-Le Bourget airports are classified in category A, which corresponds to airfields intended for long-distance services

WORKS ON AIRFIELDS

Work relating to the construction of a new aerodrome requires the prior establishment of an impact study and a public inquiry. The issuing of building permits relating to operations of national interest, such as development and construction work on areas assigned to airport public service, are the responsibility of the Government authorities.

Major transport infrastructure projects costing at least €83,084,715 are subject to an assessment consisting of an analysis of construction, operation and infrastructure conditions and costs, an analysis of financing conditions and the financial rate of return, and an analysis of the impact of the choice on existing transport facilities. Any creation or extension of airfield runways falling within category A and the cost of which exceeds €100 million, must be opened to public debate.

OWNERSHIP OF AÉROPORTS DE PARIS ASSETS

property that will be transferred to the State upon expiry of the right to operate of seventy years. This would include all of the land and buildings of airfields in the Greater Paris region. Aéroports de Paris must also notify the Minister in charge of Civil Aviation of any infrastructure operations, representing a built surface area of more than 10,000 m 2 , that it is planning to undertake or for which it is planning to provide authorisation to a third party on the land or in the immediate vicinity of Paris Charles de Gaulle and Paris-Orly airports, and which would fall outside the scope of airport service. Aéroports de Paris will then have to establish that the projects concerned have no impact on the performance of the public service and that they are compatible with its foreseeable developments.

Aéroports de Paris owns all of its assets in full, both land and infrastructure. However, the exercising of its property rights is restricted by law where a structure or land located within the airport field is required to enable Aéroports de Paris to carry out its public service obligations. The Government authorities may oppose the sale or transfer, or the creation of a security on the structure or land, or authorise such operations only on condition that they do not prejudice the fulfilment of these obligations (article 53 of Aéroports de Paris specifications). In the event of the transfer of the majority of Aéroports de Paris’ capital to the private sector, if applicable, the Pacte law will extend the State’s authorisation to any sale, contribution or creation of a security interest, or transfer of activity, relating to

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