Universal Registration Document 2022

F I NANC I AL I NFORMAT I ON

COMPANY FINANCIAL STATEMENTS AND NOTES OF AÉROPORTS DE PARIS SA AT 31 DECEMBER 2022

6.2.4 NOTES TO THE COMPANY FINANCIAL STATEMENTS

DETAILED SUMMARY OF THE NOTES TO THE COMPANY FINANCIAL STATEMENTS

NOTE 1 SIGNIFICANT EVENTS

NOTE 7 NOTES TO THE CASH FLOW STATEMENT

437

464

NOTE 2 DESCRIPTION OF ACTIVITY

438

NOTE 8 OFF BALANCE SHEET COMMITMENTS AND CONTINGENT LIABILITIES

465

NOTE 3 RELATIONS WITH THE SUBSIDIARIES

439

NOTE 9 REMUNERATION AND HEADCOUNT

466

NOTE 4 ACCOUNTING PRINCIPLES APPLIED TO THE FINANCIAL STATEMENTS

440

NOTE 10 TRANSACTIONS WITH RELATED COMPANIES AND PARTIES

467

NOTE 5 NOTES TO THE INCOME STATEMENT

445

NOTE 6 NOTES TO THE BALANCE SHEET

NOTE 11 SUBSEQUENT EVENTS

451

469

6

NOTE 1 SIGNIFICANT EVENTS

Traffic at airports operated by the Aéroports de Paris Over the year 2022, Aéroports de Paris ‘s traffic is up +106.7% with a total of 86.7 million passengers, or 80.2% of the traffic over the same period in 2019. The table below shows the traffic situation of the main airports operated by Aéroports de Paris

Level compared to 31 December 2019 in %

2022 traffic in millions PAX

Evolution in % vs 31 December 2021

Airports

Paris-CDG Paris-Orly

57.5 29.2 86.7

+119.4% +85.6% +106.7%

75.5% 91.6% 80.2%

TOTAL

Macroeconomic context The evolution of the geopolitical context is leading to dysfunctions, including a significant increase in energy costs and inflation rates higher than they have been for decades. The effect of the increase in energy prices and more globally of inflation has been limited until now because a large part of the electricity and gas consumption of Aéroports de Paris has been purchased in advance, and the majority of the contracts contracted with suppliers include indexation clauses that are not correlated with inflation or provide for fixed prices. The continuation of these price increases or their stagnation in the medium term could have a negative impact on the company’s operating expenses and investments (cost of materials).

Central banks - making the fight against inflation a priority - have implemented increases in key rates. In addition, credit spreads have widened as concerns about economic growth have increased. In the absence of a major refinancing deadline, Aéroports de Paris has not been impacted by these movements, the company could however be exposed to an increase in its financial charges in the medium term.

437

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