ADP_REGISTRATION_DOCUMENT_2017

ORGANISATION CHART

INFORMATION ON THE COMPANY

PERSONS RESPONSIBLE FOR THE REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT

STATUTORY AUDITORS

SELECTED FINANCIAL INFORMATION

RISK FACTORS

BUSINESS OVERVIEW

REAL ESTATE ASSETS AND FACILITIES

REVIEW OF THE FINANCIAL POSITION AND INCOME

EQUITY AND CASH FLOWS

5.3

CAPITAL EXPENDITURES

Investments made by the group over the last three financial years

2017

2016

2015

(in millions of euros)

Capacity investments

256

220

148

Restructuring investments Renovation and quality Real estate development

81

69

33

232 126

255 122 26 90

186

50 22 74

Security

55 95 34

Cost of studies and supervision of works (FEST)

Other

11

13

Tangible and intangible investments, of which

879 801

792 774

526

Investments made by ADP SA 1

512

05

Investments made by Aéroports de Paris subsidiaries

78 2

18

15

1 Mother company of Aéroports de Paris group 2 Including the investments of TAV Airports from 7 July 2017.

2017 was marked by tangible and intangible investments amounting to €879 million for Groupe ADP, including €801 million for the parent company (€774 million in 2016) and €78 million for its subsidiaries (€18 million in 2016). Investments at Paris-Charles de Gaulle airport mainly related to: ◆ continued work to set up a system for conveying, handling and increasing security of luggage under the satellites S3 and S4 of terminal 2E; ◆ the renovation of terminal 2B and its junction with terminal 2D; ◆ the completion of building work on the new head office; ◆ the acquisition of the North part of the “le Dôme” office building in Roissypôle; ◆ compliance work on the rainwater treatment systems; ◆ work on the junction of the international satellites of terminal 1; ◆ relocation of taxi operating base; ◆ redesign of the shops in hall K of terminal 2E; ◆ hotel development in the Roissypôle Ouest area; ◆ the redevelopment of the secondary road network in the Roissypôle zone. Investments at Paris-Orly airport mainly related to: ◆ continued building work on the junction between South and West terminals; ◆ the redesign of the international departure process of the South Terminal; ◆ extension work to the Golf areas and compliance work on the LGN- LJS turn; ◆ the rehabilitation of the train station (RER) in Roissypôle; ◆ repair work on the façades of the satellites of terminal 1;

◆ the extension to hall 1 of the terminal West; ◆ the second phase of runway 4 refurbishment; ◆ construction of additional boarding gates in hall A of the South terminal; ◆ work to switch the security check and border control posts at international departures in the South terminal; ◆ the continued renovation of the Orlytech business district; ◆ the end of construction of the airbridge linking the Cœur d’Orly district with the South terminal; ◆ preparatory work before the construction of the future Grand Paris station. Investments at the Paris-Le Bourget airport mainly related to preparatory work related to the construction of the future Grand Paris station and development work on the Nord Atlas zone. Aéroports de Paris also made significant investments in its support functions and projects common to both platforms in 2017, notably the purchase of luggage inspection equipment up to European regulation standard 3, updating of the restrooms and IT improvements. Aéroports de Paris fully funds its investment programme, primarily through operating cash flow, and medium- to long-term debt as needed. Ongoing investments or investments with firm commitments The only investments covered by firm Aéroports de Paris commitments are those described in the 2016-2020 Economic Regulation Agreement, as part of the regulated scope. Investments within the regulated scope do not include Group investments relating to security, real estate diversification operations or retail services activities, or investments made by the group’s subsidiaries, particularly equity investments outside the parisian airports.

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AÉROPORTS DE PARIS  REGISTRATION DOCUMENT 2017