2022 Universal Registration Document

Presentat i on of the Group 1 Group activities

Strategy Extime Food & Beverage Paris’ ambition is to build a solid portfolio of restaurant brands, in line with: ◆ consumer expectations, including through price management to ensure that prices are consistent with those charged in city centres; and

◆ the quality of service standards expressed by Aéroports de Paris in its purpose, dedicated to hospitality. Extime Food & Beverage will continue to invest and modernise the existing store base with the same goal.

1.1.3.3 Real estate – Paris region platforms

2022

2021

2022/2021

(in millions of euros)

REVENUES

296 249

278 227

+6.4% +9.7% -6.0%

External revenue Internal revenue

47

50

EBITDA

194 124

294 235

(€100 million) (€111 MILLION)

PROFIT/LOSS FROM CONTINUING OPERATIONS

External revenue is generated with third parties (outside the Group) and internal revenue is generated between the Group’s subsidiaries.

1.1.3.3.1 Business overview Non-terminal real estate activity is a strategic development axis and has become a focus for growth for the Group with an economic cycle that differs from that of Groupe ADP’s other activities. The strong growth potential, resulting from the Company’s substantial real estate reserves (333 hectares), a density that is nevertheless still low in certain areas, and the medium and long-term reversion potential of occupied land, is an important driver for the creation of value for Groupe ADP. Groupe ADP acts throughout the value creation chain to enhance the value of its land and existing buildings: ◆ as both landowner and developer, Groupe ADP prepares the layout and servicing for land that it then makes available to investors or users, who pay rent; ◆ Groupe ADP also acts as a developer and investor, managing real estate projects to meet its own needs and those of companies seeking to establish operations within its airports; ◆ as a property owner, Groupe ADP manages its assets (commercial strategy, remodelling and renovation), its rentals (marketing, tenant relations, rents and charges, regulatory obligations and maintenance and repair management) and offers additional services to tenants (repairs, security and cleaning). There are two complementary categories of real estate assets: ◆ airport real estate includes land and buildings intended for aviation activities outside the terminals or requiring direct

access to runways, such as aircraft maintenance hangars, frontline cargo courier services and industrial buildings (catering, etc.); ◆ diversification real estate, which includes land and buildings that do not have direct access to runways, or for which this access is not essential to the operation of the activity, such as offices, hotels, retail and business premises, logistics premises and warehouses. These real estate activities have been excluded from the regulated scope since 1 January 2011. Groupe ADP provides these real estate services to customers in various business sectors, such as Air France-KLM, FedEx, Unibail Rodamco, Audi, Volkswagen, Accor, IHG, Marriott, Hilton, Groupe La Poste, Bolloré Logistics, Kuehne+Nagel, DHL, DSV, Dassault, Servair, etc. The top ten customers accounted for nearly 60% of external revenue in 2022. Leases are mainly long term, thus limiting rental risk. At 31 December 2022, over 50% of leases by value had a maturity date of ten years or more. For leased land, long-term building leases may have a term of as long as 70 years. For leased buildings, the leases are commercial, civil or AOT (temporary occupation authorisation). THE LAND PORTFOLIO DEDICATED TO REAL ESTATE ACTIVITY Aéroports de Paris owns its entire land portfolio, which extends over 6,686 hectares, of which 4,627 hectares are reserved for aviation, 820 hectares are areas that cannot be exploited, and 1,240 hectares are dedicated to real estate activities.

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