ADP // 2021 Universal Registration Document

F I NANC I AL I NFORMAT I ON 6 GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2021

NOTE 10 OTHER OPERATING INCOME AND EXPENSES

Other operating income and expenses are significant and non-recurrent items at the level of the Group’s consolidated performance. This may involve the disposal of assets or activities, costs incurred related to a business combination, goodwill impairment, restructuring costs or costs related to a one-off operation.

In 2021, other operating income and expenses for €8 million are mainly explained by: ◆ €20 million on provision PACT (see note 2.2) net of reversal on employment benefits (€11 million); ◆ €9 million of reversal on provision RCC (see note 2.2) and employment benefits net of contributions paid to employees that left the group in 2021; ◆ €20 million of reversal on RCC provision explained by revaluation of liabilities at the end of 2021. The amount at the end of 2021 on provisions for departure plan net of reversal on employee benefits is €133 million.

As a reminder, in 2020, the Groupe ADP had performed impairment tests on its international concessions. The result of these tests led to an impairment loss of goodwill in the international and airport development segment in the amount of €43 million, which is presented under other operating income and expenses. Impairment losses recognized on the rights to operate the concessions were recognized in Operating Income from ordinary activities. In addition to goodwill impairment losses, other income and expenses included provisions for a departure plan net of reversals for employee benefit obligations for €208 million (with an estimated cost of €313 million reduced of reversal of €105 million for employee benefit obligations, see note 5.3).

NOTE 11 INCOME TAX

ADP Ingénierie, ADP International, ADP Invest, ADPM2, ADPM3, ADP Immobilier Tertiaire, Hôtels Aéroportuaires and Hologarde. Deferred taxes correspond to future tax expense or income of the company. It is determined according to the balance sheet approach. This method consists in applying to all temporary differences between the tax bases of assets and liabilities and their carrying amounts, the income tax rates that have been voted or almost voted applicable when the temporary differences will be reversed. Deferred tax assets are only recognized when it is probable that the taxable entity in question will have sufficient future taxable income against which the deductible temporary differences, tax loss carryforward or tax credits can be offset. Non-recognized deferred tax assets are revalue at the end of each accounting period and are recognized to the extent that it has become probable that a future profit will allow them to be recovered. Current and deferred tax assets and liabilities determined in this way are recognized in return of profit or loss unless they relate to items that are recognized directly in equity, in which case they are recognized in equity or other comprehensive income.

The income tax covers domestic and foreign taxes which are based on taxable profits and taxes payable on dividends distributed by subsidiaries and associates and joint ventures. Groupe ADP considers that the Company value-added contribution (Cotisation sur la Valeur Ajoutée des Entreprises - CVAE) cannot be analyzed as an income tax. Therefore, this contribution is recorded in operating expenses. Income taxes include: Current tax is the amount of income tax due to the profit payable or receivable from the tax authorities with regard to taxable income or tax loss from a given financial year. Such amounts are recognized respectively in current liabilities or current assets in the balance sheet. Income taxes are calculated for each entity or taxable unit. The tax consolidation Group encompassing the parent company Aéroports de Paris SA and twelve French subsidiaries held, in which the parent company, directly or indirectly, holds over 95%: ADP Immobilier, ADP Immobilier Industriel, Hub One, Sysdream, 11.1 Tax rate Following provisions of the finance act for 2021, the current tax rate used by the Group as at 31 December 2021 amounts to 26.5% on taxable profits of French companies whose turnover ◆ current tax expense or profit; and ◆ deffered tax expense or profit.

is less than €250 million and 27.5% on taxable profits of French companies whose turnover exceeds €250 million (27.37% and 28.41% including social contribution on profits of 3.30%).

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