Universal Registration Document 2024

RISK FACTORS AND INTERNAL CONTROL 2 RISK FACTORS

In addition, the effect of the increase in energy prices and, more generally, inflation has so far been limited thanks to the following measures: u the majority of contracts signed with suppliers include indexation clauses that are not directly correlated to

ADP SA plans to reduce its electricity expenditure compared to 2024, and yet has successfully reduced the impact on such purchases in relation to previous periods on the basis of five levers: u reducing electricity and gas consumption by continuing to implement energy-saving measures; u finding the right mix between the various possible energy sources: gas, electricity, biomass, geothermal energy and heat purchased from the Rungis MIN network; u taking full advantage of the solar energy generated by its solar PPAs (Power Purchase Agreements), a long-term fixed-price electricity supply contract for 21 years between ADP (the consumer) and the operators of the solar parks. The share of energy from the PPAs is set to rise from around 9% in 2024 to around 16% in 2025 and 25% in 2026 of its annual consumption; u this is achieved by purchasing long-term hedges on the markets at favourable times; u ADP SA’s tariffs for the resale of electricity to customers based on the Parisian platforms accounting for around a third of consumption have been revised to take into account actual market prices.

inflation or that provide for fixed prices: u 20% of our contracts are at firm prices,

u 65% with prices predefined over the duration of the contracts (three to eight years). The prices to which our suppliers are committed provide for the integration of a projected inflation coefficient, until now favourable compared to the observed inflation. Additionally, they account for the restitution of productivity gains per year over the duration of the contracts, u 15% with revisable prices and a price revision formula specific to each contract, with indices projected to shift downward the 2025 forecast, as tensions on raw materials and energy gradually ease; u particular attention paid to energy purchases. Electricity and gas market prices for 2025 remain higher than before Covid-19 and the Ukraine/Russia war, but lower than in 2024. A gradual return to normal is expected for 2026.

2 – C: SAFETY AND SECURITY RISKS In a turbulent global geopolitical context, marked by an ever-evolving threat of terrorism, Groupe ADP may be exposed to malicious acts targeting people, its facilities or the assets it operates. Criticality +++ Change in 2024 è Detailed description of the risk factor

Potential effects for the Group u Deaths, injuries to employees and passengers u Operational unavailability of facilities and assets u Financial and reputational consequences Interconnected risks u Geopolitical risks u Cybersecurity risks u Risks related to portfolio management u Risks related to aviation safety

The facilities and assets operated by Groupe ADP, or by operators who use its infrastructure, its personnel and the public could be targets of all types of external attacks or malicious acts. The possible consequences of their occurrence could result in damages to persons and property and interruptions in the operation of facilities, thereby putting the continuity of the Group’s business activities at risk. Such acts may damage the Group’s reputation and adversely affect not only the traffic on the airports it manages but also its retail activities, and in general, its financial position and prospects. Likewise, social and political risks or terrorist attacks in countries where the Group operates could negatively affect their attractiveness and have repercussions on their air traffic levels, thereby altering the Group’s financial position.

MAIN RISK MANAGEMENT SYSTEMS Faced with these risks, Groupe ADP has undertaken, in France in particular, in addition to its sovereign delegated airport security missions, actions aiming at protecting its infrastructures, particularly landside, in collaboration with the relevant services of the State. Business continuity plans are drawn up. Audits and inspections are regularly carried out by the various authorities to verify the security system and its compliance with applicable standards. Crisis exercises are organised to address the threat. The international platforms have also set up security systems according to their field of responsibility. Nevertheless, Groupe ADP operates in countries where the risk, largely exogenous, remains high and requires constant strengthening of control systems.

In preparation for the 2024 Olympic and Paralympic Games, Groupe ADP strengthened perimeter fencing and anti-drone detection on its three Paris hubs, deployed more than 1,000 additional security and safety cameras and set up video supervision centres, obtained "Cynodex" qualification for all explosive detection dogs for the handling of abandoned objects, and strengthened coordination capacity as part of the security continuum with airport ecosystem players and the relevant government departments. In addition, for all the airports in the network, Groupe ADP monitors regulatory developments to ensure a more robust level of checks at screening checkpoints ( e.g. ,: EDS cabins, bodyscanners, etc.).

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UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS