2022 Universal Registration Document

R i sk and r i sk management 2 Legal and arbitration proceedings

On 12 December 2022, the Republic of Chile filed with the Arbitral Tribunal a request for the separation of jurisdictional issues between the ICSID arbitration and the arbitration in Chile between the concessionaire company and the Chilean State (represented by the Ministry of Public Affairs). ADP International and Vinci Airports have filed their observations on this request with the court so that the court may refuse it and confirm the Republic of Chile’s obligation to file its counter-memorial within the time limits set for the proceedings without bifurcation, namely 24 April 2023. On 8 February 2023, the arbitral tribunal ruled that Chile’s request should be rejected and therefore confirmed that Chile had to file its counter-memorial no later than 24 April 2023.

operational requirements. This set of circumstances characterises, from the claimants’ point of view, a violation of the above mentioned bilateral treaty between France and Chile, as well as of international law. On 11 November 2022, ADP International and Vinci Airports filed their brief on the merits (memorial on the merits) with the International Center for Settlement of Investment Disputes (ICSID) in the ongoing arbitration proceedings against the Republic of Chile.

END OF THE 12-MONTH EXCLUSION PERIOD OF ADP INTERNATIONAL FROM TENDERS FOR PROJECTS FINANCED BY THE WORLD BANK GROUP RESULTING FROM A TRANSACTIONAL AGREEMENT WITH THE INTERNATIONAL FINANCE CORPORATION

This debarment will be followed by an additional 12-month conditional non debarment during which ADP International and its subsidiaries will have the opportunity to bid on calls for tenders for projects financed by the World Bank Group but will have to undertake a certain number of actions to improve their compliance programs and procedures. This measure takes into account Groupe ADP’s cooperation throughout the investigation carried out by the World Bank, as well as the remedial actions it took on a voluntary basis, in particular by commissioning independent audits and sharing their outcomes with the World Bank. Groupe ADP reaffirms its strongest commitment to complying with all rules of ethics and compliance .

ADP International, one of Groupe ADP’s subsidiaries, signed on 4 January 2022 a settlement agreement with the International Finance Corporation (IFC), the main development institution focused on the private sector in emerging countries, within the World Bank Group. Under this agreement, ADP International and the companies it controls were no longer authorised to take part in projects financed by the World Bank Group for one year. This exclusion was part of an amicable settlement negotiated by ADP International under which the company assumed responsibility for practices considered to be fraudulent and collusive, which took place from 2013 and in February/May 2015, during the call for tenders procedures organised for the award of concessions for the airports of Zagreb in Croatia and of Antananarivo and Nosy Be in Madagascar, the construction of which was partially financed by the IFC.

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AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 2022