2022 Universal Registration Document

Presentat i on of the Group 1 Group activities

TAV Airports is composed of: ◆ 11 main subsidiaries in airport management activities: TAV Istanbul, TAV Ankara, TAV Izmir, TAV Gazipaşa , TAV Bodrum and TAV Macedonia which are 100% owned; TAV Georgia, which is 80% owned; TAV Medina, which is 50% owned; TAV Tunisia, which is 100% owned; MZLZ in Croatia, in which the Group holds an indirect 15% stake; and, TAV Kazakhstan, which is 85% owned 2 ; ◆ 7 main service subsidiaries: ◆ ATU, specialising in duty free (50% owned), ◆ BTA, specialising in food services (wholly owned), offers restaurant services in 16 airports across eight countries as well as in rail and residential facilities, ◆ Havas, a wholly owned ground handling company, ◆ TAV O&S, which manages airport lounges and VIP services in airports (wholly-owned), ◆ TAV Technologies, which develops and markets IT systems mainly for airports (wholly owned), ◆ TAV Security, which provides security services (wholly owned). TAV Airports Group’s revenue, as presented in Groupe ADP financial statements, was €1,051 million in 2022 and it had EBITDA of €322 million. TAV AIRPORTS STRATEGY Groupe ADP shares its “2025 Pioneers” strategic roadmap with TAV Airports. TAV Airports’ growth strategy is based on three orientations: ◆ have solid references as an airport operator: the management of the Antalya airport concession until the end of 2051 represents a major asset as an airport that welcomed more than 35 million passengers in 2019, likewise to raise TAV platforms to a high level of recognition in terms of technology, hospitality and sustainable growth; ◆ concentrate network development in certain regions: consolidate and expand TAV Airports’ concession portfolio in Eastern Europe, Central Asia, the Middle East and North Africa. Rely on a large network of airlines to boost the air transport market in these regions; ◆ develop service companies: in order to increase the revenues of existing airports and promote the Group’s competitiveness in order to win new concessions. In particular, the reputation of the TAV OS network of VIP lounges is a major vector for accelerating the deployment of the hospitality strategy. Under these conditions, TAV Airports relies on its TAV Technology subsidiary to develop next-generation software for airport operations and ground handling, and to deploy digital facilities on certain passenger processes, thereby guaranteeing a multiplied international presence. TAV Technologies, present on four continents, contributes significantly to accelerating the digitisation of our airports.

In the Asia-Oceania region: ◆ the continuation of ongoing contracts and new successes in Chinese architectural competitions (Foshan and Najing airports in particular). In the Europe – Maghreb – French-speaking Africa – Americas region ◆ United States: MAV and ADP Ingénierie have put their expertise at the service of the airports of Dallas, Denver and New York JFK as well as that of Toronto. New successes were recorded in Boston, Fort Lauderdale and Rhode Island, which, in addition to the continuation of activity in Denver and Dallas, contribute to activity in 2023. ◆ Groupe ADP continues to serve a customer base in the Caribbean, in particular in Haiti for the supervision of the construction of the new control tower at Port-au-Prince Airport and in Guadeloupe in the areas of airport infrastructure, the renovation of the terminal and the modernisation of the baggage delivery room. 1.1.3.4.3 TAV Airports Since 7 July 2017, Groupe ADP has held 46.12% of the share capital and voting rights of TAV Airports (compared to 38% before that date). The dispersion of TAV Airports’ shareholding structure and the conclusion of a shareholders’ agreement between Groupe ADP and the main minority shareholders, gives Groupe ADP the ability to make relevant decisions unilaterally on TAV Airports. The de facto control exercised since 7 July 2017 led Groupe ADP to consolidate the results of TAV Airports by full consolidation in the financial statements of Groupe ADP. DESCRIPTION OF TAV AIRPORTS TAV Airports is a leading airport operator in Turkey and manages 14 airports worldwide: ◆ 5 airports in Turkey: Ankara Esenboğa, Izmir Adnan Menderes, Gazipaşa , Milas Bodrum and Antalya in joint control with Fraport; ◆ Tbilisi and Batumi in Georgia; ◆ Monastir and Enfidha-Hamamet in Tunisia; ◆ Skopje and Ohrid in Macedonia; ◆ Medina in Saudi Arabia; ◆ Zagreb in Croatia, alongside ADP International; ◆ Almaty in Kazakhstan since May 2021 1 . It should be noted that the commercial flights of Istanbul Atatürk were transferred to the new Istanbul airport on 6 April 2019. 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 retail areas and the VIP welcome and lounge 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.

1 For the acquisition of the Almaty airport management company, see Note 2 to the consolidated financial statements, in Chapter 6 of this document. 2 The TAV Group holds an 85% stake in Almaty International Airport JSC and has a call and put option agreement on the remaining 15%. The analysis of this agreement leads to retain 100% ownership interest.

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