ANTIN // 2021 Universal Registration Document

Annex 1 - Glossary

AIFM Directive (AIFMD) Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/ EC and Regulations (EC) No. 1060/2009 and (EU) No. 1095/2010. Alternative AUM The value of global assets under management managed by alternative asset managers. Antin Antin Infrastructure Partners S.A and its direct and indirect subsidiaries. Assets under management (AUM) Operational per formance measure representing both the assets managed by Antin from which it is entitled to receive management fees or a carried interest (see below FPAUM), the assets from Antin's co-investment vehicles which do not generate management fees or carried interest, and the value appreciation on the Antin Funds and co-investment vehicles. Average Re-investment Rate For any given Antin Fund the sum of capital raised from existing Antin Fund Investors compared to the size of the predecessor fund. Business Continuity and Disaster Recovery Plan (BCP) A plan aimed at ensuring, in the case of any interruption to its systems and procedures, that Antin can continue to conduct its business, or at a minimum, resume its business in a timely manner. Carried Interest A form of revenue that Antin and other Carried Interest Participants are contractually entitled to receive via its direct or indirect entities in the Carry Vehicles of the Antin Funds. Carried Interest corresponds to a form of variable consideration that is fully dependent on the performance of the relevant Antin Fund and its underlying investments. Antin Funds Antin Investment vehicles managed by Antin.

Carried Interest Participants The Antin and any other participants entitled to receive carried interest in the Antin Funds. Carry Vehicle A vehicle of the Antin Funds used to invest into a fund alongside other Fund Investors. Committed Capital The total amounts that Fund Investors agree to make available to a fund during a specified time period. Core Compliance Rules Antin’s rules of good conduct and the rules applicable to each employee of the Antin in the context of personal account transactions. Contributions The contribution agreements of all the shares of AIP UK and AIP SAS held by their shareholders as described in Section 8.1.2 “Changes in the share capital since the incorporation of the Company” of this Universal Registration Document. Cybersecurity Policy The procedures implemented by Antin to protect Antin and its clients from cyber threats and address cybersecurity risk. Antin’s Cybersecurity Policy is organised around several principles and the Antin performs regular penetration tests (external and internal) to ensure that the information system is appropriately secured or patched if needed. Discounted Cash Flow Model A valuation method used by Antin to estimate the value of an investment based on its expected future cash flows. Distribution Waterfall The manner in which a fund’s returns on its investments are allocated and distributed to Fund Investors and Carried Interest Participants. The returns on an Antin Fund are distributed first to the Fund Investors (including to the Carry Vehicle in respect of its investment on the basis of the committed capital from Carried Interest Participants) until the Fund Investors have had their invested capital returned, together with a certain hurdle return.

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