Aéroports de Paris - 2019 Universal registration document

BUSINESS OVERVIEW 05

DESCRIPTION OF ACTIVITIES BY SEGMENT

Breakdown of real estate projects as at 31 December 2019

Surface area (in m 2 )

Airport

Segment

ADP Role

Operator

Project Opening

CDG CDG CDG ORY ORY CDG ORY ORY LBG ORY CDG

Diversification Aeronautical Aeronautical Diversification Diversification Diversification Diversification Diversification Diversification Diversification Aeronautical

Investor

Innside FEDEX FEDEX

Hotels

2019 11,400

Developer

Extension 2019 48,400

Investor

GSE areas

2019 43,407

Developer Developer Developer Developer Developer

Grand frais Bio C bon

Warehouse 2019 2,000 Warehouse 2019 12,500

Moxxy

Hotels Hotels Divers

2019 7,900 2019 5,836

Ibis styles

Loxam

2019

500

TOTAL PROJECTS COMMISSIONED AT THE END OF THE FOURTH QUARTER OF 2019

131,943

Investor Investor Investor

HEKA Chenue

Art facility 2020 24,800 Offices 2020 23,500

B2 Belaïa

SC4

Offices and warehouses 2020 22,900

Offices

71,200

Ongoing projects Total ongoing projects – building permit obtained or under instruction (delivery by 2020)

0

Real estate activity at the Paris-Charles de Gaulle airport The Paris-Charles de Gaulle airport’s real estate consists mainly of buildings allocated to cargo or maintenance and service and hotel activities connected with the development of the Airport City (Roissypôle). Real estate development is primarily driven by the endogenous growth of air traffic. Cargo The Cargo City of Paris-Charles de Gaulle, the largest in Europe with 300 hectares dedicated to cargo, hosts 12 of the sector’s 14 leading operators in the world, and had a record occupancy rate of 94% of the cargo operating area at 31 December 2019. The cargo real estate strategy for Paris-Charles de Gaulle airport is focused on two areas: ◆ supporting the growth of express cargo traffic, particularly through the continued expansion of the FedEx hub. In 2018, the Cargo business of the Paris-Charles de Gaulle Airport was marked by the signature of an amendment for the construction of materials storage areas phase 1 for 42,600 m 2 , for delivery during 2019, and the delivery of the “extension 2” project of 48,400 m 2 ; ◆ the strengthening of the airport’s positioning as a European leader in cargo, in terms of tonnes processed, with the aim of doubling tonnage over the long-term thanks to:

◆ the return to ownership of the assets located on the front line (zone comprising the warehouses closest to the aircraft, at the border between airside and landside zones) with Groupe ADP’s continued development of investments in new leading assets dedicated to cargo operators, with the launch in 2018 of a new 22,900 m 2 SC4 cargo station connected to the runways and already marketed at 70% as of 31 December 2019; In addition, studies were launched for three cargo stations of 23,400 m 2 (Dahlia project), 28,000 m 2 (Mono project) and 12,100 m 2 (Midi project) and the full ownership of others at the term of the BAC (ground lease) and AOT (temporary occupancy) contracts. This is the case when there is immediate value for the tenant to have visibility on the rental commitment and plan for the long term. During 2019, a memorandum was signed with Chronopost to enable Groupe ADP to purchase warehousing premises (17,000 m 2 ) located on the Paris-Charles de Gaulle airport following the end of the AOT in 2021, ◆ renovation and increased density of Cargo City and optimisation of the operating processes, including a vast programme staggered up to 2021, to renovate the roads comprising the main access and circulation roads within Cargo City and improving lighting by replacing lights by new LED lighting.

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AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019

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