ANTIN // 2021 Universal Registration Document

CORPORATE GOVERNANCE 2 Compensation of corporate officers

The principles applicable to the compensation of corporate officers are also established in accordance with the recommendations of Article 25.1.2 of the AFEP-MEDEF Code:

COMPREHENSIVENESS

All compensation components are considered so that it may be assessed in overall terms.

BALANCE BETWEEN THE COMPENSATION COMPONENTS

Each component of the compensation must be clearly substantiated and correspond to the corporate interest.

Assessment of compensation based on the Company’s reference market, as well as the responsibilities assumed, results achieved, and work performed.

COMPARABILITY

Compensation is calculated in a manner consistent with the compensation of the other officers and employees of the Company.

CONSISTENCY

Establishment of simple, stable and transparent rules. Definition of demanding and explicit performance criteria that are directly linked to the Company’s strategy.

UNDERSTANDABILITY OF THE RULES

Compensation components must be well balanced and take into account the Company's interests, market practices, the performance of the officers and of other stakeholders.

PROPORTIONALITY

Please refer to Section 2.3.1 and Section 7.6.3 for details on the duration of the terms of office of the corporate officers.

2.7.2.2 Compensation policy of the Chairman of the Board and Chief Executive Officer and the Vice-Chairman of the Board and Deputy Chief Executive Officer

The compensation policy for 2022 is unchanged as compared to the compensation policy for 2021. The compensation of each of the Chief Executive Officer and Deputy Chief Executive Officer comprises: 3 annual fixed compensation; 3 annual variable compensation. The Board of Directors, on the recommendation of the Nomination and Compensation Committee, ensures that

the compensation structure is balanced and in line with the Company’s strategy. The Chairman of the Board and Chief Executive Officer of the Company will not receive any compensation by the Company or benefits for such duties. However, he will receive the compensation described in the table below in respect of his duties as Chairman of the Board and Managing Partner of AIP UK and as Chief Executive Officer and Managing Partner of AIP SAS.

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