2022 Universal Registration Document

Presentat i on of the Group 1 Group activities

TAV AIRPORTS HAS FINALISED SEVERAL NEGOTIATIONS RELATED TO THE CONSEQUENCES OF THE COVID CRISIS In Turkey, the Turkish Civil Aviation Authority (DHMI) authorised on 15 February 2021, a two-year extension of the operating periods of the airports operated by TAV Airports in Turkey due to the force majeure conditions created by travel restrictions related to the Covid pandemic. DHMI has also informed that the lease payments for these airports, which would have been due in 2022, will be due in 2024. In North Macedonia, a two-year extension of the concession was obtained on 17 June 2022 for the airports of Skopje and Ohrid. In Saudi Arabia, an agreement was obtained at the end of 2021 between Tibah Airports Development CJSC, the company operating the Medina airport, and the Saudi authorities, extending the concession period for maximum eight years. The initial operating period of Medina airport (Saudi Arabia) terminated at the end of 2037. The extension period (known as the “force majeure period”), which cannot be more than eight years, corresponds to the period between February 2020 and the end of the calendar year in which Medina airport reaches 8.1 million passengers. Payments of concession rents due to the authorities during the force majeure period have been deferred and will be paid mainly after the end of the force majeure period. As part of this agreement, the group granted a shareholder loan of 193 million euros to Tibah. CONTINUED DEVELOPMENT OF TAV AIRPORTS On 20 December 2022, TAV Airports won the tender for the renewal of the Ankara airport concession (see Chapter 5 “Significant events”). 1.1.3.4.4 Airport International Group (AIG) In April 2018, Groupe ADP – through its wholly-owned subsidiary ADP International – finalised a transaction that increased its investment in Airport International Group (“AIG”), concession holder of Queen Alia International Airport (QAIA) in Amman, Jordan, to 51% of the capital, granting it exclusive control. The new co-shareholders with which Groupe ADP has invested are the infrastructure investment funds Meridiam Eastern Europe Investments and MENA Airport Holding Ltd. In addition, Edgo Investment Holdings Ltd, continued to be a shareholder. Since this operation, Groupe ADP, an existing shareholder of AIG with a 9.5% stake since 2007, has fully consolidated the financial accounts of the concessionary firm. The 25-year Build Operate Transfer concession agreement signed in 2007 stipulated the operation of the old terminals and the construction and operation of a new terminal. Since then, Groupe ADP’s experts have mainly carried out operations under an Operation & Maintenance contract entered into between AIG and JAM, a company incorporated under Jordanian law wholly owned by ADP International, for the duration of the concession. This contract provides for the deployment of two expatriates (Chief Operations Officer and Director of Operations) as well

as the completion of an annual program of appraisal missions by Groupe ADP experts throughout the value chain in terms of airport management. The construction of the new terminal took place in two phases. The first phase – commissioned in March 2013 – created an 112,956 m 2 space, offering capacity for 9 million passengers. A vast extension to this terminal was completed in September 2016 (second phase), raising the airport’s capacity to 12 million passengers annually. As the operator of QAIA since the beginning of the concession, Groupe ADP has actively contributed to the upgraded performance and growth of the airport, with traffic rising on average by 7.2% per year since 2007. With its acquisition of AIG, Groupe ADP has been deploying its know-how, expertise and service offerings. The objectives are to strengthen the air network from Amman, improve the quality of passenger services, enhance the performance of aeronautical and commercial activities and ensure sustainable and socially responsible development for the remaining duration of the concession (until 2032). With regard to improving the quality of service and the performance of aeronautical activities, AIG was integrated in Groupe ADP’s Smart Airport program in 2022. For AIG, with the support of the Group’s teams of experts, this involves defining its digitisation strategy by 2025 with the aim of improving the passenger journey and the customer experience. Concerning the socially responsible development of AIG, Groupe ADP has supported AIG in the structuring of its philanthropy and inclusion actions in the socio-economic fabric of the Amman region, in particular with the creation of the AIG Foundation in 2019. In addition, AIG is a signatory of the Airports for Trust charter in 2020, formalising the shared environmental and societal ambitions of 23 Group airports around the world. A leading airport in the Middle East, QAIA handles 98% of Jordanian air traffic. The airport is the hub of Royal Jordanian Airlines (RJ) and the gateway to the main tourist sites in the country, including Petra, the Dead Sea and the Wadi Rum desert. In March 2021, for the third consecutive year and the fourth time in its history, QAIA received the title of ‘Best Airport by Size and Region: Middle East’ for airports serving 5 to 15 million passengers, based on the 2020 Airports Council International (ACI) Airport Service Quality (ASQ) Survey, the world’s leading airport passenger satisfaction benchmark program. In 2018, QAIA became the first carbon-neutral airport in the region, achieving the highest level of the Airport Carbon Accreditation Program (ACA) – Level 3+ “Neutrality” – which was renewed until 2022. In May 2022, QAIA received ACA Level 4+ (Transition) certification until 2025. Airport International Group is holding active discussions with its grantor in order to achieve the economic and financial rebalancing of the concession. A restructuring of the obligations towards the lenders is being carried out in parallel.

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

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