2022 Universal Registration Document

Presentat i on of the Group 1 Group activities

LEASED BUILDINGS The floor space marketed at the end of 2022 amounted to nearly 990,000 m 2 . The average occupancy rate for the total scope is nearly 87% and the financial occupancy rate is more than 94.5%. Leased surfaces break down as follows:

Aeronautical

Diversification

Total

(in thousands of m 2 )

Rented places Cargo buildings

605 295 229

377

982 299 229

4 0

Maintenance hangars

Business and logistics premises

68

88 88

156

Offices

9 3

97

Internal rentals Other buildings

183

186

1

14

15

1.1.3.3.2 Positioning of the real estate activity Groupe ADP has a leading position on the Île-de-France region’s real estate market thanks to the following assets: ◆ improved access by public transport over time: thanks to the completion of CDG Express and Grand Paris Express, line 17 to Paris-Le Bourget in 2027 and Paris-CDG in 2030, line 14 to Paris-Orly in 2024 (connected to line 15 a few stations away from Orly) and line 18 in 2027; ◆ a privileged geographic location because of the proximity to Paris and the location of the assets and land at the heart of two of the three largest economic hubs in the Paris region, which are an essential driver of the national and regional economy; ◆ high-quality assets: spread over three complementary platforms, Groupe ADP’s assets are developed with a sustainable approach (eco-design, eco-construction) and with high certification targets (HQE “Excellent”, BREEAM “Very Good”, etc.); ◆ significant land reserves: the ability to provide large, single-use areas of land within districts that are already largely connected to the airport provides an opportunity for companies seeking to group together large office spaces, warehouses and courier services close to Paris. In addition, Groupe ADP has significant real estate development opportunities: ◆ certain neighbourhoods offer a strong potential for densification, in particular urban-type neighbourhoods such as the north of the Orly platform, Roissypôle and the Paris Charles de Gaulle cargo area; ◆ a potential for valuing its land through the asset management policy implemented, which enhances the existing land and real estate portfolio (refurbishment, renovation, demolition, etc.);

◆ reversals of owned assets at the end of long-term leases such as construction leases, civil or commercial leases and temporary occupancy authorisations. When the contracts expire, the group will be in a position to opt either to have the buildings demolished by the contract beneficiary to regenerate the land for new development or to keep the buildings and become the owner and, therefore the new lessor. This opportunity materialised in 2022 with the decision to take over the ownership of the air freight logistics centre (CLFA) currently 40% owned through a stake with Sogaris. 1.1.3.3.3 Real estate strategy In terms of its real estate business, Groupe ADP hopes to perform at the same level as a first-class integrated property operator, making use of the development potential provided by the airport and its proximity to Paris and benefiting from long-term leases, leading to secure revenues over the long term. This goal rests on a development strategy that consists of creating districts offering companies and their employees good quality of life and services (ease of access, sustainable planning, high-quality landscaped areas and a diverse range of shops and services, etc.) within a quarter of an hour from town. The business model of the real estate business is based on two markets (airport real estate and diversification real estate offering medium-term value creation prospects), and three business lines (planner, developer and manager) enabling Aéroports de Paris to be present throughout the value creation chain. The manager business is based on a solid model with diversified asset classes (cargo terminal, hotels, offices, business parks, courier warehouse, aircraft hangars, and shops) and lease maturities offering long-term revenue visibility. Groupe ADP intends to continue to strengthen the quality of service to its customers with the goal of being at the centre of the customer relationship by adapting the Group’s environmental policy with certified buildings, sustainable development of neighbourhoods and modernisation of the park and site security.

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