Universal Registration Document 2022

PRESENTAT I ON OF THE GROUP 1 GROUP ACTIVITIES

(around 10,000 m 2 of floor space). This project will be the subject of a developer consultation in 2023, and construction work will be carried out in 2024. A 25-hectare business district will be built in Lognes, after modification of the aviation easements ( Plan de Servitudes Aéronautiques et des Plans Locaux d’Urbanisme ). A first development phase, consisting of the planning and development of a 16,365 m 2 small business park intended to accommodate SMEs/SMIs on 3 hectares of immediately available land, was the subject of a consultation with developers in 2022, with a view to start work in 2023. The operation is of a reasonable size and can easily be phased in depending on the marketing conditions. It includes a total of six activity buildings of 2,700 m 2 approximately each. The delivery of a first phase of four buildings is scheduled for 2024 and the second phase one year later. A second, larger phase (22 ha) was the subject in 2022 of an update of the development plan, a technical feasibility study and the launch of environmental studies. In addition, a new aviation easement plan was drawn up and is currently being examined by the DGAC’s services. The project also requires the modification of the PLU that the city of Emerainville has committed. As the study process is long, an environmental authorisation application should be submitted in mid-2024, with a view to developing a business park of approximately 50,000 m 2 of floor space.

A technical feasibility study for the development of the land reserve located to the north-west of the Paris-Le Bourget platform in the municipality of Bonneuil-en-France (approximately 15 hectares) carried out in 2017 was updated in 2021 and 2022, with a view to focusing on the development of an artisanal and industrial business park for SMEs and SMIs. Groupe ADP, as planner for the land, co-investor and co operator, and André Chenue SA (a subsidiary of Horus Finance), as co-investor and co-operator, signed a construction lease, a property development contract with GSE, and an off-plan lease commitment in 2019 for setting up an art conservation centre covering a surface area of 24,800 m 2 located in the eastern part of the Paris-Le Bourget airport. The building was delivered in March 2020. Groupe ADP thus enhances its land reserves and confirms its major involvement in the development of the Paris region’s airport system, a creator of wealth and jobs for the Île de-France region. In addition, development feasibility studies were carried out between 2015 and 2017 on the general aviation airfields of Saint Cyr-l’École and Lognes. These made it possible to propose a program for these sites. In St-Cyr, Groupe ADP sold three hectares to a housing operator in 2019, which will allow the construction of around 300 housing units, and in 2022 initiated feasibility studies for the development of a business park for SMEs and SMIs

1.1.3.4 International and airport development

2022 1,361

2021 1

2021/2020

(in millions of euros)

REVENUES

726 197 518

+€635 MILLION +€99 million +€529 million

ADP International

296

TAV Airports

1,048

Société de Distribution Aéroportuaire Croatie

15

7

+€8 million

EBITDA

379

156 (61) (28)

+€223 MILLION

Share of profit and loss of associates

13

+€74 million

PROFIT/LOSS FROM CONTINUING OPERATIONS

221

+€249 MILLION

EBITDA/Products

27.8%

21.5% -3.8%

+6.3pts

Profit/loss from continuing operations/Revenue +20.1pts 1 The financial statements of the management company of Almaty airport have been included in the consolidated financial statements of TAV Airports from May 2021 (on the acquisition of the management company of Almaty airport, see Section 5.1.6 of the 2021 Universal Registration Document). +16.2%

The “International and airport developments” segment consists of the businesses within Aéroports de Paris’ subsidiaries and holdings that operate airport management and engineering activities. This segment includes ADP International, ADP Ingénierie, the stake in TAV Airports and the stake in GMR Airports. It should be noted that, until 1 December 2021, the results of the stake held by Aéroports de Paris in Royal Schiphol Group were recognised in the “International and airport developments” segment using the equity method. After this date, due to a loss of significant influence resulting from the end of the HubLink

cooperation on 1 December 2021, the investment was recognised as “other non-current financial assets”. The process of selling the respective 8% cross-shareholdings between Aéroports de Paris and Royal Schiphol Group, triggered by the end of the aforementioned cooperation, was finalised at the end of 2022. After Royal Schiphol Group sold all of its ADP shares through two private placements and an accelerated placement with institutional investors (see Chapter 5 “Significant events of the year 2022” and Chapter 7 “Capital and shareholding”), Royal Schiphol Group acquired on 21 December 2022 the shares held by Aéroports de Paris in Royal Schiphol Group.

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