Universal Registration Document 2024

2 RISK FACTORS AND INTERNAL CONTROL RISK FACTORS

Through its climate commitments (see “Commitment 1.1”), Groupe ADP optimises the design of its facilities by integrating new technologies (drones, electric aircraft, etc.) and new energy sources (sustainable aeronautical fuels, hydrogen, electricity). Finally, the study on the dependence and impacts on stressed natural resources conducted in 2022 and continued in 2023 made it possible to identify the impacts and, especially, the dependencies and risk factors of Groupe ADP vis-à-vis the resources used in its construction projects,

operations and supply chain. The risks studied highlighted several significant factors related to the availability of raw materials for the successful development of platforms and their ecological transition. On this basis, Aéroports de Paris SA has published its energy and materials (water) sobriety plans and has embarked on a circular economy approach (operating waste, reuse, circular building, recycling). Aéroports de Paris SA is a signatory of the “Metropolitan Charter for circular construction” launched by the Métropole du Grand Paris.

4 – B: Risks relating to the societal acceptability of our businesses Groupe ADP may affect relations between the airport and the communities in a given area. Criticality ++ Detailed description of the risk factor With public opinion increasingly polarised regarding the relationship between the airport and local communities, the challenge for Groupe ADP is to remain a driving force for economic development and employment in the surrounding areas. Groupe ADP's European airport hubs (Paris-Charles de Gaulle, Paris-Orly, Paris Le Bourget, Zagreb, Liège) are exposed to a risk that operating restrictions may be adopted for environmental reasons relating to noise, pursuant to European Regulation No. 598/2014 of 16 April 2014 on the establishment of rules and procedures with regard to the introduction of noise-related operating restrictions at Union airports. Such measures must first: u be justified by noise pollution issues, identified in the noise prevention plan and as The objective of this impact study is, on the one hand, to assess whether new restrictions on the operation of the airport hub concerned would make it possible to achieve the objective of reducing noise pollution previously set to address the problem of identified noise pollution, and on the other hand, to assess whether the proposed solutions are proportionate to the resulting economic and social consequences. not being able to be resolved by the measures already in force; and u undergo an impact assessment based on the Balanced Approach.

Change in 2024 New

Potential effects for the Group u Project does not meet stakeholders' needs u Financial loss and loss of market share

u Tightening of noise and climate regulations (traffic restrictions) Interconnected risks

u Risks related to the economic trajectory u Risks related to economic regulation at Paris hubs u Risks related to regulatory changes u Risks related to environmental change and the effects of climate change

MAIN RISK MANAGEMENT SYSTEMS The Group strives to establish a constructive dialogue with its stakeholders, in particular to share the value created by the development of the airport business with and for the benefit of the local communities, and to support local environmental projects. The roll-out of the Pioneers for Trust 2025 roadmap (presented in the Sustainability Report section of this document) focuses on "improving the living environment of local residents", "building long-term dialogue", "making local populations the first beneficiaries of our activities", "aiming for zero impact on our activities", "contributing to the transition of the aviation industry", "encouraging our integration into a system of local resources" and "becoming an exemplary project manager").

Groupe ADP conducted a voluntary public consultation on the "Paris-Orly 2035" development project between 26 February 2024 and 26 May 2024. The consultation allowed it to gather the views of stakeholders, particularly local residents, on the future of the Paris-Orly airport hub. The Group also intends to hold a public consultation in 2025 for Paris-Charles de Gaulle airport. The Paris-Orly 2035 project is the embodiment of the new airport model through Groupe ADP's commitments to the environment and to quality of service. The elements of the project presented on this occasion, particularly the specifications, phasing and investment amounts, are working assumptions and are likely to evolve following consultation as well as during subsequent environmental authorisation procedures.

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AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024