ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP

GROUP ACTIVITIES

1 .1 .3 RETAIL AND SERVICES - PARIS REGION PLATFORMS

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Since the second quarter of 2019, Société de Distribution Aéroportuaire and Relay@ADP have been fully consolidated in the group’s financial statements. The EPIGO income is recognised using the equity method.

1.1.3.1 General description of the retail activity The commercial activities of Aéroports de Paris refer to paid activities aimed at the general public: passengers, accompanying persons and staff working at the airports. These include, for example, shops, bars and restaurants, banks and foreign exchange counters, car rental, advertising and, more generally, any other paid-for service (Internet, service stations, etc.). This segment, relating only to the Parisian activities, includes all retail activities (notably shops, bars and restaurants, car parks, rentals within terminals) of Groupe ADP, as well as the advertising activities (Media Aéroports de Paris) and the activities of retail distribution subsidiaries within airports (Société de Distribution Aéroportuaire and Relay@ADP) and restaurant services (EPIGO and Extime Food & Beverage Paris.

Retail activities are at the heart of Groupe ADP’s growth dynamic and thus contribute to the financial performance and appeal of its airports. Aéroports de Paris acts as lessor, developer and manager of commercial activities through the commercial subsidiaries Société de Distribution Aéroportuaire, Relay@ADP, EPIGO and Extime Food & Beverage Paris.

2021

2020

2021/2020

(in millions of euros)

Revenue EBITDA

825 245

645

+27.8%

90 (5)

+€155 million

Share of profit or loss in associates and joint ventures OPERATING INCOME FROM ORDINARY ACTIVITIES

0

+€5 million

98

(177)

+€275 MILLION

1.1.3.2 Breakdown of revenue

2021

2020

2021/2020

(in millions of euros)

Revenue

825 428

645 313 225

+27.8% +36.5% +38.6% +119.1% +36.0% +33.8% +17.0% +46.4% -31.1%

Retail activities

Société de Distribution Aéroportuaire

311 36 36

Relay@ADP

16

Other Shops and Bars and restaurants

26 26 20 77

Advertising

18

Other income

27

Car parks and access roads Industrial services revenue

90

146 122

100

Rental income Other income

115 40

+5.9% -2.7%

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Airside and landside shops The proposed range of shops within Aéroports de Paris terminals falls into two broad categories: ◆ the strategic activities, which embody the positioning as “The ultimate Parisian shopping & dining experience” and which represent the areas with the best returns, i.e ., Beauty (perfumes and cosmetics), Fashion & Accessories and Art of Living (gastronomy, confectionery, wines and spirits).

The retail activities carried out in landside areas are located before security check-points (customs, border police, and security checks) and anyone can make purchases there. Retail activities carried out in airside areas are located after the security check points. The airside zone includes, on the one hand, spaces known as the “Schengen zone” and, on the other hand, the “international zone”, in which passengers on international flights to all countries outside the European Union, or to the French Overseas Territories (DROM-COM), can purchase products duty free.

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