Universal Registration Document 2022

PRESENTAT I ON OF THE GROUP

MAIN PLATFORMS

Regulatory framework: concession period and tariffs The current concession period is valid until May 2025. TAV Airports won the tender to develop and operate Esenboğa Airport between 2025 and 2050. Official tariffs are regulated by (Devlet Hava Meydanları İşletmesi Genel Müdürlüğü – the General Directorate of the State Airports Authority) and amount

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to €15 per international departing passenger. The transfer tariff is €2.5 until 2025 and €5 between 2025 and 2050. The domestic tariff is €3 per departing pax. The concession scheme includes a volume guarantee by DHMI for domestic and international on aeronautical revenues (until 2025).

Type/End date of Concession Build, Operate, Transfer (BOT) (May 2025)

TAV Airports

PAX Charge International

PAX Charge Domestic

Volume Guarantee

Concession/ Lease Fee

Airport

stake Scope 100% Terminal

Ankara Esenboğa

€15 €2.5 (transfer)

€3 0.6m dom, 0.75m Int’l

-

for 2007 +5% per year

New Ankara Esenboğa (starts in May 2025)

Lease (May 2050)

100% Terminal

€15 €5 (transfer)

€3

No €119 million up front €10 million from 2025 to 2029 €15 million from 2030 to 2049 + VAT

Access Transportation to airport is possible by taxis, shuttle buses or regular buses. The new road to the airport has considerably shortened the transportation time. Distance to city centre is 28km. A new metro line to link the airport to the city centre is also planned.

Investment program As part of the tender won by TAV Airports for the operation of Ankara Esenboğa airport for the period from 24 May 2025 to 23 May 2050, the investment aimed at increasing the capacity of the airport, in particular by the construction of an additional runway and an extension of the passenger terminal, is estimated at around €300 million, two-thirds of which (c. €210 million) will be committed between 2023 and 2026, and a third (c. €90 million) to be started no later than 2038.

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