ANTIN // 2021 Universal Registration Document

FINANCIAL STATEMENTS 6 Notes to the consolidated financial statements

Note 24 Related party transactions

ACCOUNTING PRINCIPLES Reference: IAS 24 Antin’s related parties are:

3 its main Shareholders; 3 its members of Board; 3 its members of the Comex. Transactions with related parties are concluded on an arms-length basis.

24.1 Transactions with the main Shareholders Transaction between Antin and its main Shareholder related to reimbursement of business expenses to LB Capital for €0.1 million in 2021 and 2020. 24.2 Transactions with the members of Board Transaction between Antin and its members of Board personnel is presented below: Mr. Russell Chambers has performed advisory functions for AIP SAS from 26 November 2020 to 26 September 2021. Mr. Russell Chambers received a compensation of £112,500 in 2021 (£12,500 in 2020) under this Advisory Agreement and a discretionary success fee of £200,000 with the successful IPO. 24.3 Transactions with the members of the Comex There are no material transactions between Antin and the members of the Comex, other than the transactions already disclosed under Note 24.1 “ Transactions with the main Shareholders ”.

Note 25 Earnings per share 25.1 Weighted average number of shares

2021

2020

(in €k)

Weighted average number of shares before dilution

161,904,704 163,869,137

157,489,982 157,489,982

after dilution

The weighted average number of shares are calculated based on the number of shares issued during the year and prorata temporis . The changes in the number of shares issued and the various transactions and share issuances that occurred during the year ended 31 December 2021 are detailed in Note 22.1 “ Total number of shares issued and treasury shares ”. Prior to the IPO and for the year ended 31 December 2020, the weighted

average number of shares is equal to the number of shares issued related to the contribution in kind of AIP SAS and AIP UK. The diluted weighted average number of shares assumes full vesting of the Free Share Plan, equivalent to 7,447,629 shares. Further information on the Free Share Plan is presented in Note 6.4 “ Share-based payment plans ”. Antin has not issued any options, warrants, convertibles or other dilutive instruments.

25.2 Earnings per share

2021

2020

(in €)

Earnings per share before dilution

0.20 0.20

0.59 0.59

after dilution

The calculation of the earnings per share is based on the net income attributable to the owners of the Company and divided by the weighted average number of shares outstanding, before and after the effects of dilution.

162 ANTIN INFRASTRUCTURE PARTNERS S.A. - UNIVERSAL REGISTRATION DOCUMENT 2021