ANTIN // 2021 Universal Registration Document

CORPORATE GOVERNANCE 2 Related-party transactions

2.7.2.3 Compensation policy

2.7.2.4 Parties involved

for independent Directors The maximum total annual amount of compensat ion allocated to Directors for carrying out their activities pursuant to Article L. 225-45 of the French Commercial Code is set at €1,210,000 subject to the approval of the Annual Shareholders' Meeting on 24 May 2022. This amount is divided between the independent Directors, as the non-independent Directors do not receive any compensation for their duties as Directors of the Company throughout their term of office (unchanged from the 2021 policy). The annual amount of Directors’ compensation remains composed of the following components: 3 a total annual Director’s compensation amount of €120,000, composed of (i) a fixed annual amount of €54,000 and (ii) a variable component depending on the effective attendance to meetings of up to €66,000 (assuming 100% of attendance to the Board of Directors meetings) (unchanged from the 2021 policy); 3 an additional amount of €10,000 per committee attended (unchanged from the 2021 policy); 3 an additional amount of €5,000 for the chairperson of the Committee per committee attended (new item in comparison to the 2021 policy in order to reflect the increased responsibility of the Chairs of the Committees and Antin’s commitment to maintaining stable and engaged governance); and 3 an additional amount of €10,000 per additional attended Board of Directors meeting, if Directors are requested to attend more than four Board of Directors meetings per financial year (unchanged from the 2021 policy). The independent Directors are also entitled to reimbursement, on production of receipts, of travel expenses incurred in attending Board of Directors and specialised committees’ meetings.

in the governance of compensation

Antin’s Human Resources and the Board Secretary are involved in the process of formulating and determining the corporate officers’ compensation. Indeed, they ensure that the compensation policy for corporate officers complies with the various laws and good practices, in particular Say on Pay practices. The Board Secretarymakes recommendations to the Nomination and Compensation Committee, who is in charge of reviewing the general principles governing the policy for compensation and for any other benefits and submitting proposals to the Board of Directors on such compensation, including any pensions or other benefits. Then, the Board of Directors determines a compensation policy for corporate officers that is consistent with the Company’s interests, the long-term success of the business and its commercial strategy and taking into account the principles set forth in the AFEP-MEDEF Code. The composition of the Board and its Nomination and Compensation Committee helps ensure a lack of conflict of interest when drawing up, reviewing and implementing the compensation policy (see Section 2.5.3 “ Management of conflicts of interests ” of this Universal Registration Document). Final ly, Antin’s shareholders are invited to vote on the compensation policy for corporate officers. Antin's shareholders are also invited to vote on the total compensation and benefits of all kinds paid to officers during the previous financial year or granted in respect of the same financial year and on the total compensation paid to Directors during the previous financial year.

2.8 RELATED-PARTY TRANSACTIONS Historical financial information (including the amounts involved) on transactions with related parties can be found in Note 13 to the Combined Financial Statements for the years ended 31 December 2019 transaction has occured and 2020 and Note 24 contained in Section 6 of this Universal Registration Document. No related-party transaction has been carried out since the incorporation of the Company.

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