Aéroports de Paris - 2019 Universal registration document

BUSINESS OVERVIEW 05

DESCRIPTION OF ACTIVITIES BY SEGMENT

Representation in the corporate bodies of the two companies

from both the industrial and financial standpoint, taking into account the changes seen since 2008 in terms of the respective growth and profitability of the two groups. The work will continue in 2020 and a recommendation will be made to the shareholders with respect to the economic and financial value of renewing the alliance and, if applicable, on what basis and for what new objectives. Furthermore, in July 2017, Aéroports de Paris and Schiphol Group renewed a four-year cooperation agreement with Incheon International Airport Corporation, the operator of Seoul’s main airport, for a second time. This partnership, which does not include the acquisition of holdings, consists essentially of the exchange of information and fosters the exchange of best practices. MZLZ-TRGOVINA D.o.o (Société de Distribution Aéroportuaire Croatia) On 1 December 2014, Aéroports de Paris and Lagardère Duty Free, through their joint venture, Société de Distribution Aéroportuaire, acquired 100% of the share capital and voting rights of MZLZ – Trgovina d.o.o. (the subsidiary managing the retail spaces at Zagreb airport in Croatia). MZLZ-TRGOVINA D.o.o’s purpose is to operate shops at Zagreb airport for 15 years, and to exclusively market the main product categories listed below: alcohol, perfumes/cosmetics, tobacco and gourmet food. The operation of the retail space takes place in two phases: ◆ the operation of two shops in the current terminal since 1 December 2014: a 600 m 2 main airside Duty Free shop and a 47 m 2 landside souvenir shop; then ◆ the operation, as of 2017, of the retail spaces in the new terminal, with a total capacity of 5 million passengers (versus 2 million passengers currently). Since April 2017, MZLZ-TRGOVINA D.o.o operates a retail outlet in the commercial shopping area of the new terminal (walkthrough) of 619 m 2 dedicated to the sale of perfumes/cosmetics, alcohol, tobacco, gourmet food, and local products. In 2018, MZLZ-TRGOVINA D.o.o opened a new sales surface area of 184 m 2 dedicated to fashion called “The Fashion Place” and two pop-up stores located close to the boarding halls. Lastly, a shop & collect service has been available since September 2018 allowing customers to reserve their products online or in store and collect them when they return to Zagreb. For Aéroports de Paris, which is also an indirect shareholder in the company which has the concession for Zagreb airport and has a technical assistance contract (in partnership with TAV Airports), this acquisition marked a major step in exporting all of the Group’s know-how abroad.

Edward Arkwright, the Chief Executive Director of Groupe ADP in charge of Development, Engineering and Transformation is one of the eight members of the Schiphol Group’s Supervisory Board. Dick Benschop and Jabine Van Der Meijs are, respectively Chief Executive Officer and Chief Financial Officer of Royal Schiphol Group, are members of the Board of Directors of Aéroports de Paris. Specific bodies of the alliance The industrial cooperation agreement currently uses a simplified governance structure that is focused on efficiency: a number of priority areas of cooperation are defined annually by the ICC – Industrial Cooperation Committee, which is the monitoring body for projects carried out as part of the alliance. Achievements The alliance between Aéroports de Paris and Royal Schiphol Group provides many benefits to both groups, in very diverse areas. Their respective teams work together on a regular basis on initiatives and joint projects and to discuss operational issues. The cooperation programme, led by the PMO (Program Management Office) of each group, aims to encourage exchanges and strengthen synergies between the two groups. For instance, the handling of flights between Paris and Amsterdam has been improved by the introduction of dedicated waiting lines at the security check, and by broadcasting information in both languages at the gate. 2019 saw the continuation of projects that were already under way: ◆ in the area of purchasing, shared consultations can be organised; similarly, and more generally, the coordination of purchasing strategies for both groups, linked to the operational services, with the aim of identifying new shared purchasing opportunities for the future continues and was subject to regular discussions between the teams; ◆ as a reminder, in the area of human resources, an employee exchange system between Groupe ADP and Schiphol was developed in 2011 to promote the sharing of specific skills and know-how in each of the two companies and strengthen cooperation between the teams. In 2019, several short missions (3-6 months) were organised in both directions (Schiphol employees at Groupe ADP and vice versa). The initial 2008 agreement will terminate at the end of 2020. At that time it may be renewed or cancelled, in which case, a settlement mechanism for the cross-holding of 8% has been planned. The ADP and Schiphol teams have initiated work to prepare an assessment of the Hublink alliance,

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AÉROPORTS DE PARIS ® UNIVERSAL REGISTRATION DOCUMENT 2019

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