Universal Registration Document 2024

RISK FACTORS AND INTERNAL CONTROL 2 INTERNAL CONTROL AND RISK MANAGEMENT

2.2.3 GROUP’S GENERAL INSURANCE POLICY

Groupe ADP believes that it has had reasonable insurance cover to date, the excess level of which is consistent with the rate of frequency of losses observed and the general risk prevention policy.

Civil liability Civil liability for airport operators is guaranteed by a policy that covers the financial consequences of any contractual and criminal civil liability that may be ascribed to Aéroports de Paris, and in certain circumstances, to its subsidiaries, its subcontractors and/or its co-contractors in the event of any physical injury, material and consequential loss caused to third parties whilst carrying out their business activities. From 1 April 2024, the principal guarantee amount is €1,750 million per event and/or per year, according to the guarantees. This policy also includes a USD250 million guarantee to cover the consequences of the risk of war and other perils. This guarantee in the amount of USD250 million is supplemented by a specific policy taken out by Aéroports de Paris for the sum of USD1,625 million. Damage to property and construction risks Aéroports de Paris has taken out a damage policy that guarantees any real estate and movable property owned by the Company or of which it is in charge, against, in particular, fire, explosion, lightning, storms, electrical damage, natural disasters and acts of terrorism risks. The total value of the primary cover is fixed at €1.3 billion per claim. In addition to the above-mentioned general policy, the Company has also taken out specific policies with a view to guaranteeing against the consequences of targeted loss that could affect certain property, such as the interconnection between the TGV and RER stations on the Paris-Charles de Gaulle hub.

Other “Civil Liability” insurance has been taken out by the Company, including a policy covering the liability of executives and corporate officers, a policy covering liability in the case of accidental or gradual harm to the environment (also covering the consequences of ecological damage and ground decontamination costs) and insurance covering the consequences of the Company’s civil liability in the carrying out of activities relating to the ground section (in particular activities linked to the operation of car parks and emergency medical services, etc.).

In addition, the Company has taken out several policies with a view to protecting itself against construction risks within its largest work sites. Some of the Group’s assets cannot, by their very nature, be covered by property damage insurance. These are, in particular, runways, aircraft movement areas, certain civil engineering structures and bridges. The latter are covered, but for a maximum annual amount of €50 million.

Main policies directly benefiting the Company’s subsidiaries Professional civil liability policies have been taken out on behalf of ADP International, Hub One and its subsidiaries, Hologarde, Extime Duty Free Paris, Campus Extime, Airport International Group (AIG) and the various real estate subsidiaries for the purposes of covering their activities carried out in France or abroad, as the case may be.

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UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS