Aéroports de Paris - 2019 Universal registration document

REAL ESTATE ASSETS AND FACILITIES

REVIEW OF THE FINANCIAL POSITION AND INCOME

PERSONS RESPONSIBLE FOR THE UNIVERSAL REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT

STATUTORY AUDITORS

RISK AND MANAGEMENT

INFORMATION ON THE COMPANY

BUSINESS OVERVIEW

ORGANISATION CHART

EQUITY AND CASH FLOWS

INFORMATION CONCERNING TRENDS

Other activities

2019

2018

2019/2018

(in millions of euros)

Products Hub One EBITDA

168 152

156 155

+7.9%

-1.9%

29

46 34

-36.1% -58.5% -12.3pts -13.4pts

Operating income from ordinary activities

13

EBITDA / Revenue

17.8% 8.4%

30.1% 21.7%

Operating income from ordinary activities / Revenue

EBITDA of the segment stood at €30 million, down by €17 million, notably linked to a faster pace over 2018 than over 2019 in works on the CDG express project. The operating income from ordinary activities of the segment was down by €21 million and stood at €14 million.

Over 2019, other activities segment revenue increased by 7.9%, at €168 million, due to re-invoicing on realized surveys for the CDG Express project for €8 million (almost neutral in EBITDA). Hub One saw its revenue decreasing by 1.9%, at €152 million.

8.3

2019 HIGHLIGHTS

Change in passenger traffic over 2019 Group traffic

Stake- weighted traffic (Mpax) 2

Group traffic @100%(Mpax)

Groupe ADP stake 1

2019 / 2018 change 3

Group traffic (in million of passengers)

08

Paris Aéroport (CDG+ORY)

108.0

@100% @20.8%

108.0

+2.5% +3.0% -7.6% +5.9% +0.6% +12.3% +5.7% +8.4% +12.6% -18.2% -7.6% +4.6% +2.3%

Zagreb

3.4 6.7 8.9 3.9 0.6

0.7 0.3

Jeddah-Hajj

@5%

Amman Mauritius Conakry

@51% 8.9 (@100%)

@10% @29% @45% @35%

0.4 0.2

Santiago de Chile

24.6

11.1

Madagascar

1.3

0.4

Antalya - TAV Airports

35.7 13.7 12.4 27.3

@23.1% 35.7 (@100%)

Ankara Esenboga - TAV Airports

@46.1% 4 @46.1% 4 @46.1% 4

13.7 (@100%) 12.4 (@100%) 27.3 (@100%)

Izmir - TAV Airports

Other airports– TAV Airports 5 TOTAL GROUP (EXCL. ATATÜRK) Istanbul Atatürk - TAV Airports TOTAL GROUP (INCL. ATATÜRK)

243.1

218.4

16.1

@46.1% 4

16.1 (@100%)

N/A

259.2

234.5

-16.7%

1 Direct or indirect. 2 Total traffic is calculated using the following method: traffic at the airports that are fully integrated is recognized at 100%, while the traffic from the other airports is accounted for pro rata to Groupe ADP’s percentage holding. Traffic in TAV Airports’ airports is taken into account at 100% in accordance with TAV Airports’ financial communication practices. 3 Change in 2019 traffic as compared to 2018. For TAV Airports, change in traffic in 2019 vs 2018 is calculated on a comparable basis and includes traffic on Antalya Airports since January 2018. 4 Share of TAV Airports detained by Groupe ADP. 5 Turkey (Milas-Bodrum & Gazipaşa), Croatia (Zagreb), Saudi Arabia (Medinah), Tunisia (Monastir & Enfidha), Georgia (Tbilissi & Batumi), and Macedonia (Skopje & Ohrid).

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AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019

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