ADP // 2021 Universal Registration Document

I NTEGRATED REPORT RISK MANAGEMENT AND CONTROL

CR I T I CAL R I SK MANAGEMENT REV I EWED EVERY YEAR

The mapping of Groupe ADP’s main risks is reviewed each year by the Operational Risk and Internal Control Committee before being submitted to the Executive Committee and then presented to the Audit and Risk Committee and the Board of Directors.

This mapping makes it possible to identify the major risks, prioritise them, address them and monitor the action plans. Risks are assessed according to their impacts and frequency, given the existing control measures. They are then prioritised according to their critical level. The major risks and so-called unacceptable risks are subject to specific monitoring.

MAIN GROUP RISKS 1

Net criticality

Extra financial risk

Categories

Description

Risks for the business model

In an unstable health situation, the long-term deterioration of air traffic and the uncertainties weighing on its recovery to the level of 2019 affects Groupe ADP’s activities and economic, financial and social balance.

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3

In the context of the Covid-19 pandemic, the significant reduction in airport activities affects the economic and financial balance of some of Groupe ADP’s international assets

+++

3

Uncertainties about the legal framework of regulation and decision-making practices of ART are likely to affect Groupe ADP’s business model. Aéroports de Paris maintains a satisfactory cash position to meet its commitments in the current economic and health situation. In a turbulent global geopolitical context, marked by an ever-changing threat of terrorism or attacks by third countries, Groupe ADP may be exposed to malicious acts on its facilities or on the assets it operates. Insufficient consideration of environmental issues could negatively affect Groupe ADP’s business and growth prospects, or even lead to a decrease in air traffic.

+++

++

Risks related to external threats

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Risk related to the Group’s airport development projects

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3

Compliance risks Prohibited practices contrary to ethics and compliance in business conduct by employees or third parties may damage Groupe ADP’s reputation and share value.

++

3

Groupe ADP is subject to particularly constraining civil aviation safety standards, non-compliance of which may have negative consequences for its airport management activity.

+

+ Low criticality ++ Medium criticality +++ High criticality

Key Net criticality

1 The main non-financial risks are covered in Chapter 4 of this document.

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