Universal Registration Document 2022

PRESENTAT I ON OF THE GROUP 1 MAIN PLATFORMS

The business aviation market Business aviation is a professional tool used by companies as well as individuals in three complementary forms: ◆ commercial business aviation: independent transport companies provide an on-demand “air-taxi” service, supplying aircraft and crew for the duration of the flight. The cost of the flight depends on the type of aircraft and the amount of flight time; ◆ time-share aviation: a company buys a share in an executive jet, corresponding to a certain amount of annual flight time; ◆ corporate aviation: a company owns its own fleet of aircraft and employs its own crews for its exclusive needs. Paris-Le Bourget Airport offers several advantages for business travellers: ◆ fast boarding and deplaning, thanks to the optimisation of transfer procedures between aircraft and ground transportation; ◆ the quality of its aviation facilities; ◆ its proximity to Paris; ◆ the presence of the world’s leading global corporate aviation service operators, guaranteeing travel service quality and confidentiality; ◆ the presence on site of the European maintenance centres of three of the five main international business aircraft manufacturers; ◆ the possibility of reaching destinations not served by traditional commercial routes; ◆ the quality of the ground services and the possibility of holding meetings at the airport itself. Competition and attractiveness Paris-Le Bourget maintained its position as Europe’s leading business airport in terms of movements in 2022. The platform is thus still far ahead of its main competitors, Nice and Geneva, which also benefited from dynamic traffic in the second half of 2022. The airport continues to attract the main business aviation players. The airport had seven support companies (FBO) in 2022: (Signature Flight Support, Jetex Flight Support, Universal Aviation, Advanced Air Support International, Dassault Falcon Services, ExecuJet, and Astonsky). Flightsafety, a major provider of pilot training services, enhanced its offering by installing new simulators at its centre. Similarly, major international manufacturers (Dassault Falcon, Cessna, Embraer and TAG, along with Bombardier and Gulfstream since 2021) have located Europe-wide maintenance centres at the Paris-Le Bourget Airport. The leading global business aviation company NETJET set up a maintenance centre in 2022. The Airbus Helicopters plant (manufacture of helicopter blades) continues to develop its activity with nearly 800 jobs around the platform by developing new technologies to minimise the noise impact of helicopters and preparing for the advent of electric air mobility (VTOL).

Lastly, the Paris-Le Bourget airport is an important hub of the Group’s real estate activity and a significant portion of the real estate revenue of Paris-Le Bourget airport comes from aeronautical activities, including training and maintenance. Traffic

70

63.8

60

53.4

51.7

50

40

33.3

30

20

10

0

2021

2019

2022

2020

International

Domestic

It should be noted that while traffic in 2022 was sustained, it is significantly lower than that of 1991 and 2007, which were record years.

19% United Kingdom

Others 35%

15% Switzerland

12% Italy

Spain 9%

Germany 9%

Regulatory constraints and limitation of noise pollution To cut down on aircraft noise pollution for local communities, jet aircraft take-offs, the use of reverse thrust systems and the use of runway 2 by aircraft exceeding 5.7 tonnes are prohibited between 10:15 pm and 6:00 am. All operating restrictions aimed at reducing noise pollution are explained in the Decree of 15 February 2011.

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