ADP // 2021 Universal Registration Document

F I NANC I AL I NFORMAT I ON 6 COMPANY FINANCIAL STATEMENTS AND NOTES OF AÉROPORTS DE PARIS SA AT 31 DECEMBER 2021

Other assumptions are used in the actuarial valuation of liabilities such as technical rate, AGIRC-ARRCO revalorization rates (for defined benefit plans) or medical inflation rates. The company uses the corridor method for the accounting of actuarial differences (10%). The amortization period used corresponds to the expected average remaining service life of the plan participants. The impact of the crystallization of the rights of the two supplementary pension plans is also amortized at the first euro. The table below recapitulates all employee benefit obligations by illustrating: ◆ the change in actuarial value;

The main actuarial assumptions used to calculate employee benefit obligations are: ◆ a discount rate of 0.50%; ◆ an annual salary increase rate of 3.35%, including inflation; ◆ Social charges applicable on the benefit (44.4%); ◆ turnover tables depending on social category and age of employees. Theses tables are determined based on resignations of the previous years in the company. It demonstrates the probability that not all employees will reach the end of their careers within the company; ◆ INSEE 2007-2060 prospective mortality rate tables on the activity phase and generational tables TGH05/TGF05 on the pension phase; ◆ a voluntary retirement age of 62/63 for supervisory and senior supervisory employees, and 65 for the management category.

◆ liabilities entered on the balance sheet; ◆ expense analysis for the financial year.

Additional retirement benefits 1

Aviation industry long service medals

Retirement

Health cover

Total

Plan PARDA

(in millions of euros)

Actuarial value of obligation at opening

304

21

37

46

2

409

Interest costs

17

5

2

- - -

- - - - - - - - - - - - - - -

23

Service costs for the period

1

- -

-

1 1

2

(1)

Past service costs 2 Services provided

(3)

(1)

-

(3)

(6)

Reduction/curtailment Actuarial gain or loss

(17) (19) 285 (43)

- -

(5) (5)

-

(22) (29) 377 (59)

(5) 38

Actuarial value of obligation at closing Deferred actuarial difference on balance sheet

25

28

2

4

(25)

5

Market value of assets at closing

-

- -

-

- -

-

(2)

18 21

16

Past service costs 2

Liabilities recognized in the balance sheet

240

28

43

2

334

Discount expenses

1

- -

-

- - - - - -

1

Amortisation of actuarial gains/losses

2

4 2

6

Service costs for the period

17

5

23

-

- -

(2) (3)

(2)

Past service costs 2

Reduction/curtailment

(14)

(17)

EXPENSE FOR THE PERIOD

7

5

1

13

1 Additional Pensions and at Services provided. 2 The cost of past services related to the crystallization of article 39 rights will be amortized over the next years.

400

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