Universal Registration Document 2022

F I NANC I AL I NFORMAT I ON 6 GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2022

2022 traffic @100% in millions PAX1

Evolution in % vs 31 December 2021

Level compared to 31 December 2019

Airports

France Paris Aéroport (CDG+ORY) International Fully consolidated concessions Ankara Esenboga - TAV Airports

86.7

106.7%

80.2%

8.6 9.8 7.8

+23.0% +30.0% +71.9% +18.5% +87.2% +41.8% +122.5% +260.7% +60.2% +58.8%

62.9% 79.6% 87.8% 112.6% 76.1% 87.5% 90.9% 75.6% 86.9% 85.6%

Izmir - TAV Airports

Amman

Almaty - TAV Airports

7.2

Equity method concessions Santiago du Chili

18.7 31.2

Antalya - TAV Airports

Zagreb Médine

3.1

6.3

New Delhi - GMR Airports Ltd Hyderabad - GMR Airports Ltd

59.5 19.0

1 All departing, arriving and transiting passengers welcomed by the airport.

Financing Antalya In December 2021, TAV Airports (51%), a member of the Groupe ADP, and Fraport (49%) won the tender for the renewal of the Antalya airport concession, with the right to operate it for 25 years. The total concession rent due to DHMI amounted to €7.25 billion (excluding VAT), of which: ◆ 25% was paid within 90 days of signing the contract with DHMI (signed on 28 December 2021). 1,812.5 million was paid to DHMI on 28 March 2022; ◆ 10% of the total concession rent will be paid between 2027 and 2031 in equal annual instalments (2% per year); ◆ the remaining 65% of the total concession rent will be paid annually (3.25% per year) in equal instalments until the end of the concession (between 2032 and 2051). The passenger service charge will be €17 per international passenger and €3 per domestic passenger during the new concession period. The investment to increase the capacity of Antalya Airport to 80 million passengers per year, more than doubling the current capacity, is estimated to be around €765 million under an EPC contract, of which €600 million will be committed between 2022 and 2025, and around €165 million of additional investment is expected starting in 2038 for the next two years. 1.225 billion of the initial rent was financed by bank loans and the rest by Fraport TAV Antalya’s own funds. A two-year bridge loan was used in the first quarter of 2022 for the upfront payment of the rent. Longer-term debt financing is expected to be used to replace the bridge loan and for capital expenditures. The result of Antalya will be accounted for using the equity method at 50%.

Hyperinflation IAS 29 requires the financial statements of any entity whose functional currency is the currency of a hyperinflationary economy to be restated for changes in the general purchasing power of that currency, so that the financial information provided is more meaningful. The Standard lists factors that indicate an economy is hyperinflationary. One of the indicators of hyperinflation is if cumulative inflation over a three-year period approaches, or is in excess of, 100 per cent. Currently, Turkey has economic conditions that will now require reporting entities to follow the requirements set out in IAS 29 ‘Financial Reporting in Hyperinflationary Economies’. Cumulative change in Consumer Price Index (CPI) for the last 3 years exceeded 100% starting from February 2022. Thus, The Group applied IAS 29 for the group companies which have turkish lira as their functional currency starting from February 2022. Indexation of all non-monetary assets, non-monetary liabilities and income statement has been done by using Consumer Price Index. Effect of IAS 29 in Groups financial statements is as shown below: ◆ share of profit or loss in associates: €7 million; ◆ financial result: €16 million; ◆ net income: €17 million; ◆ net income group share: €8 million; ◆ first time application on group share equity: €12 million including 16 million for equity-accounted company (see note 4.9.4). Macroeconomic context Changes in the geopolitical context are causing disruptions, including a significant increase in energy costs and higher inflation rates than have been seen in decades. The effect of

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