Aéroports de Paris - 2019 Universal registration document

REAL ESTATE ASSETS AND FACILITIES

BUSINESS OVERVIEW

PERSONS RESPONSIBLE FOR THE UNIVERSAL REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT

STATUTORY AUDITORS

RISK AND MANAGEMENT

INFORMATION ON THE COMPANY

ORGANISATION CHART

REVIEW OF THE FINANCIAL POSITION AND INCOME

EQUITY AND CASH FLOWS

INFORMATION CONCERNING TRENDS

It should be recalled that the commercial flights of Istanbul Ataturk were transferred to the new Istanbul airport on 6 April 2019. Istanbul Ataturk welcomed 16 million passengers between 1 January and 6 April 2019. Total TAV Airports traffic in 2019 was 105 million de passengers. Excluding Istanbul Ataturk, the rest of the TAV network welcomed 89 million passengers, growth of 1.3% compared to 2018, notably thanks to the dynamic traffic growth at the Antalya airport (+12.6%). International traffic at Turkey’s airports in general (Ankara, Izmir, Bodrum, Gazipasa, Antalya) increased by 18% compared to 2018. Through its subsidiaries, TAV Airports is also an operator in other airport service areas, like duty free, catering, ground-handling, IT, security and operating services. TAV Airports also manage the commercial areas and services at Riga international airport in Latvia. With a presence along the entire airport services value chain, the Group’s integrated business model is pivotal to its performance and economic success. TAV is present at the new Istanbul (IGA) airport via its services companies TGS, HAVAS, ATU, and BTA. TAV Airports includes: ◆ ten main subsidiaries in airport management activities: TAV Istanbul, TAV Ankara, TAV Izmir, TAV Gazipasa, TAV Bodrum and TAV

Macedonia, which are 100% owned; TAV Georgia, which is 80% owned; TAV Medinah, which is 33% owned; TAV Tunisia, which is 67% owned; and MZLZ in Croatia, in which the Group holds an indirect 15% stake; ◆ six main subsidiaries in the services: ◆ ATU, specialising in duty free, 50% owned, ◆ BTA, specialising in food service (wholly owned) offers restaurant services in 16 airports across with countries as well as maritime and urban facilities, ◆ Havas, a wholly owned ground handling company, ◆ TAV O&S, which manages airport lounges and VIP services at wholly-owned airports, ◆ TAV Technologies, a wholly-owned company that manages airport IT systems, ◆ TAV Security, which provides security services and is wholly-owned. ◆ TAV Airports Group’s revenue, as presented in Groupe ADP financial statements, was €746 million in 2019 and it had EBITDA of €277 million.

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Governance At 31 December 2019, TAV Airports’ shareholder structure was as follows:

Shareholders

% of capital

Groupe Aéroports de Paris 1 Tepe Insaat Sanayi A.Ş.

46.1% 5.1% 1.2% 3.2% 44.5%

Sera Yapı Endüstrisi ve Ticaret A.Ş.

Other floating securities

Free float

1 Through Tank ÖWA alpha GmbH, a wholly-owned subsidiary of Aéroports de Paris.

members to be proposed by the Nomination Committee to the General Meeting of Shareholders.

TAV Airports’ Board of Directors consists of 11 members, with 5 members to be appointed by Groupe ADP, 1 for whom Tepe can propose a candidate and 1 for whom Sera can propose a candidate and 4 independent

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AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019

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