ADP_REGISTRATION_DOCUMENT_2017

16

FUNCTIONING OF THE BOARD OF DIRECTORS AND MANAGEMENT BODIES

16.1 FUNCTIONING OF THE BOARD OF DIRECTORS AND MANAGEMENT BODIES AFR

16.2 FUNCTIONING OF THE COMMITTEES

LINKED TO THE BOARD OF DIRECTORS 123

118

Audit and Risks Committee

124 125

The Board of Directors Executive Management Executive Committee

118

The Strategy and investment committee

120 120

The remuneration, appointments and governance committee

126

16.3 CORPORATE GOVERNANCE –

ADHERENCE TO THE PRINCIPLES OF GOVERNANCE

126

16.1 FUNCTIONING OF THE BOARD OF DIRECTORS AND MANAGEMENT BODIES AFR

The Board of Directors The Board of Directors is the collegial body of the Company which determines the direction of Aéroports de Paris’ activities and oversees their implementation, as specified in article 16 of its Articles of Association. It is under obligation to act in any circumstances in the corporate interest of the company and is answerable to its actions in this respect before the general meeting of shareholders. The duties of the Board are determined by the laws and regulations, the Articles of Association and the Rules of Procedure adopted by the Board of Directors at its meeting on 9 September 2005 and the last changes dated 19 February 2014.

The internal rules can be viewed at www.parisaeroport.fr . They lay out the duties of the Board of Directors and its members, and how ithe Board and its committees shall operate an Audit and Risk Committee, a Strategy and Investments Committee and a Compensation, Appointments and Governance Committee. It includes a charter for the members of the Board of Directors, which outlines the regulatory framework, and a code of ethics relating to securities transactions and compliance with French regulations on insider trading, insider infringements and market manipulation. Each member of the Board of Directors must look after the company’s best interests. They must have a quality of judgement, in particular of situations, strategies and people, based predominantly on their experience. They must have an ability to anticipate enabling them to identify strategic risks and issues.

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AÉROPORTS DE PARIS  REGISTRATION DOCUMENT 2017