ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP

GROUP ACTIVITIES

TAV Airports strategy Groupe ADP shares its “2025 Pioneers” strategic roadmap with TAV Airports. TAV Airports’ growth strategy is based on three orientations: ◆ have solid references as an airport operator: the management of the Antalya airport concession until the end of 2051 represents a major asset as an airport that welcomed more than 35 million passengers in 2019, likewise to raise TAV Airports’ platforms to a high level of recognition in terms of technology, hospitality and sustainable growth; ◆ concentrate network development in certain regions: consolidate and expand TAV Airports’ concession portfolio in Eastern Europe, Central Asia, the Middle East and North Africa. Rely on a large network of airlines to boost the air transport market in these regions; ◆ develop service companies: in order to increase the revenues of existing airports and promote the group’s competitiveness in order to win new concessions. In particular, the reputation of the TAV OS network of lounges is a major vector for accelerating the deployment of the hospitality strategy. Under these conditions, TAV Airports relies on the TAV Technology subsidiary to develop next-generation software for

airport operations and ground handling, and to deploy digital facilities on certain passenger processes, thereby guaranteeing a multiplied international presence. TAV Airports is also well placed to contribute to Groupe ADP’s objectives in terms of ACI-ASQ and Skytrax ratings and the development of the lounge network. In terms of sustainable development, TAV Airports will focus on increasing the energy performance of its activities and reducing the carbon impact of all new buildings. To this end, a carbon assessment over the life of the new buildings will be established and the use of renewable energies will be intensified. ◆ TAV Airports’ traffic is estimated at between 71 and 76 million passengers in 2022 and is expected to reach the level seen in 2019 ( i.e. 89 million passengers) in 2023. Between 102 and 107 million passengers are expected in 2025; ◆ the EBITDA margin is expected to be between 32% and 35% in 2022. It should return to its 2019 level ( i.e. 37%) between 2023 and 2024, and should stand between 42% and 45% in 2025; ◆ the net financial debt/EBITDA ratio is expected to be between 6.0x and 7.0x in 2022 and between 2.5x and 3.0x in 2025. TAV Airports 2022-2025 objectives The objectives of TAV Airports are as follows:

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Governance As at 31 December 2021, TAV Airports’ shareholding broke down as follows:

Shareholders

% of capital

Groupe Aéroports de Paris 1

46.38%

Tepe Insaat Sanayi A.Ş.

5.06%

Sera Yapı Endüstrisi ve Ticaret A.Ş.

1.16%

Other free float

47.40%

1 Through Tank ÖWA alpha GmbH, a wholly-owned subsidiary of Aéroports de Paris.

TAV Airports’ Board of Directors consists of 11 members, with 5 members to be appointed by Groupe ADP, 1 for whom Tepe can propose a candidate and 1 for whom Sera can propose a candidate and 4 independent members to be proposed by the Appointments Committee to the Annual General Meeting of Shareholders.

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