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 14 RELATED PARTIES DISCLOSURE

In accordance with IAS 24, the Group discloses the following related parties: ◆ associated and jointly controlled companies; ◆ the State, public institutions and State participations; and ◆ its senior executives and shareholders.

Transactions with related parties are summarised as follows:

State or state participations

Associates and jointly controlled companies

Other related parties

Total group

2021

2021

2021

2021 1,043

2020

2020

2020

2020

(in millions of euros)

Revenue

68 62

36 55 20

900

761

75

32

829

External expenses (inc. purchases of fixed assets)

21

23

275

183

358 237 472 100 469

261

226

-

-

11

6 3

26

Financial assets 1

23

11

434

251

15

265 215 377

Other assets 2

Financial liabilities

-

-

-

-

100

215 169

54

5

331

203

84

Other liabilities 2

1 Mainly €201 million of shareholder loan granted by TAV group to Tibah Development of which €193 million relative its debt restructuring. 2 See 14.2 “Relations with the french state”.

14.1 Relations with associated or jointly controlled companies CDG Express

Revenues relating to studies and works contributing to the realization of assets belonging to Groupe ADP having a compensatory nature are recognized in other income. Those made on behalf of the concessionaire are recognized in Revenues. Revenue recognized in 2020 for studies and works amounted to €14 million (€11 million Other Operating Income and €3 million Revenue) were carried out by Aéroports de Paris SA. Retail joint ventures As part of the development of commercial activities, Aéroports de Paris SA and the company EPIGO, sign agreements permitting these companies to operate within Paris-Orly and Paris-Charles de Gaulle airports. Transactions between Aéroports de Paris SA and this company relate to: ◆ fees collected under the operational rights granted by Aéroports de Paris SA; and ◆ rents for the occupation of sales areas. Similarly, TAV Airports and ATU concluded contracts allowing ATU to operate retail shops within its airport platform.

CDG Express, the Infrastructure management company (“GI CDG Express in french”) created at the end of 2018 and co owned by Groupe ADP, SNCF Réseau and the Caisse des dépôts et consignations , signed on 14 February 2019 a concession agreement with the French Government relating to all works to be performed for the CDG Express project. Under this contract, the GI CDG Express has committed to finance, design, build and maintain the CDG Express railway for 50 years. Design and construction have been delegated, to Groupe ADP and SNCF Réseau under two construction contracts. Each company will carry out respectively 11% and 89% of the works. In this context, Aéroports de Paris SA and the GI CDG Express have entered into a construction and design contract for studies and works carried out on Paris CDG airport land for a price of €205 million. These revenues are recognized using the percentage of completion method as per the IFRS 15 norm, ADP having an enforceable right for the payment of costs relating to work carried out to date, including in the event of termination of the contract.

14.2 Relations with the French State and State participations Relations with the French State

Public authorities exercise control over Aéroports de Paris SA with regard to its status as a state-owned company and with regard to its duties, in particular its public service. In this respect, agreements are regularly concluded with the State.

The French State holds 50.6% of the share capital of Aéroports de Paris SA and 58.6% of the voting rights as at 31 December 2021. The State is entitled in the same way as any majority shareholder to control decisions that require approval by the shareholders.

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