ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP 1 GROUP ACTIVITIES

1 .1 .5 INTERNATIONAL AND AIRPORT DEVELOPMENT

2021 1

2020 2

2021/2020

(in millions of euros)

REVENUE

726 197 518

441 133 299

+64.6% +47.8% +73.0%

ADP International

TAV Airports

Société de Distribution Aéroportuaire Croatia

7

4 7

+74.1%

EBITDA

156 (61) (28)

€149 MILLION

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

(214) (551)

€53M

€523 MILLION

EBITDA/Revenue

21.5% -3.8%

1.7%

+19.8 pts

Operating income from ordinary activities/Revenue +122.3 pts 1. The financial statements of the management company of Almaty airport have been included in the consolidated financial statements of TAV Airports from May 2021 (regarding the acquisition of the management company of Almaty airport, see page 13 of the 2021 half-year results press release, published on 28 July 2021). 2. Groupe ADP recorded the results of the GMR Airports group using the equity method at 24.99% between March and June 2020 and at 49% from July 2020 (on the stake acquisition in GMR Airports, see the press releases of 20 and 26 February 2020, and 7 July 2020). -126.1%

return/risk ratio remains more favourable in the medium term than the Paris market. Groupe ADP remains convinced that, in the medium term, the group’s internationalisation will put it in a better position to benefit from the recovery phase. This strategy is characterised by: ◆ complementary geography and exposure to growth between ADP in its own right, TAV Airports and GMR Airports: presence of TAV Airports in the Middle East, Central Asia, Eastern Europe, Maghreb and English-speaking Africa, presence of GMR Airports in South and South-East Asia, and ADP presence in mature (Europe, North America) and emerging (Latin America, French-speaking Africa) markets; ◆ sought-after synergies due to Groupe ADP’s unique positioning across the entire airport value chain compared to its operator competitors: ◆ shops and hospitality with, in particular, Société de Distribution Aéroportuaire, Relay@ADP, Media Aéroports de Paris and Epigo (ADP 2 ), ATU, specialising in duty free, BTA, specialising in catering and TAV O&S, specialising in airport lounge management (TAV Airports) and Delhi Duty Free (GMR Airports), ◆ technologies with Hub One (ADP) and TAV Technologies (TAV Airports), ◆ engineering and consulting with Merchant Aviation (ADP) and GEMS (GMR Airports), ◆ security with TAV Security (TAV Airports), ◆ ground handling services with Havas (TAV Airports); ◆ a strong local network in terms of international development, thanks to the establishment of three regional offices: in Istanbul for the Africa-Middle East region, in New York for the Americas region and in Hong Kong for the Asia region.

The “International and airport developments” segment consists of the businesses within Aéroports de Paris’ subsidiaries and holdings that operate airport management and engineering activities. This segment includes ADP International, ADP Ingénierie, the stake in TAV Airports and the stake in GMR Airports. With regard to the stake in Royal Schiphol Group, Aéroports de Paris no longer exercises significant influence over the company since 1 December 2021 1 . As a result, the shares of Royal Schiphol Group, previously consolidated using the equity method within this segment, are now recognised in other non-current financial assets. 1.1.5.1 An international strategy with a unique and value-creating model International development driven by three complementary entities across the entire airport value chain The start of the recovery in air traffic following the Covid-19 crisis validated the Group’s international development plans and the consolidation of our presence in various geographical areas. The recovery of activity in the post-crisis phase is traditionally faster in emerging markets than in mature markets, and this was the situation observed within Groupe ADP during 2021. In this context, internationalisation could enable the group to take advantage of dynamic domestic markets as the restrictions in place are ended (Turkey, India). Similarly, some markets that are traditionally less risk averse than Western Europe will be able to rebound quickly (experience of the return of international tourist traffic to Antalya from the reopening in the summer of 2021). Even if it is at lower levels, growth will continue to be faster outside Europe than in mature markets; similarly, the international

1 See Section 5.1 “Significant events” of this Universal Registration Document. 2 The activity of these companies is recorded in the “Retail and services” segment, for more details, see Section 1.1.3.

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