Universal Registration Document 2024

1 PRESENTATION OF THE GROUP GROUPE ADP’S ACTIVITIES

Presentation of the Group: business model and value chains Groupe ADP is an airport manager, with a purpose since 2020, “To welcome passengers, operate and design airports, in a responsible manner and throughout the world”, whose know-how extends over a network of 26 airports as at 31 December 2024, located in 17 countries (in Europe, Asia, Africa and South America) and welcoming 363.7 million passengers in 2024, with: u the three main airports in the Paris region (Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget), owned and operated by Aéroports de Paris, which are the “gateway” to France; Groupe ADP owns and operates ten general aviation airfields located in the Paris region and operates the Issy-les-Moulineaux heliport, owned by the City of Paris; u the fourteen 1 airports operated directly by TAV Airports, a Turkish Group owned as to 46.12% by Aéroports de Paris; u the four 2 airports operated directly by GMR Airports, an Indian group in which Aéroports de Paris holds a 45.7% economic interest 3 (made up of ordinary shares and OCRPS); u the five 4 airports across Europe, the Middle East, Africa, the Indian Ocean and South America, in which ADP International, a wholly-owned subsidiary of Aéroports de Groupe ADP’s activities are divided into five reporting segments: aviation – retail and services – real estate – international and airport development – other activities: u the Aviation segment include all the activities carried out by Groupe ADP as the airport operator of the three main airports in the Paris region – Paris-Charles de Gaulle, Paris Orly and Paris-Le Bourget; u the “Retail & Services” segment covers all retail, advertising, catering and other hospitality services (lounges) in the Paris airports, notably through several companies co-owned with a selected partner, such as Extime Duty Free Paris, Extime Travel Essentials Paris, Extime Média and Extime Food & Beverage Paris. The segment also covers parking activities at Paris airports. The Extime hospitality brand was rolled out in 2022 in Terminal 1 at Paris-Charles de Gaulle airport, then extended to all terminals at Paris-Charles de Gaulle and Paris-Orly in 2023. In October 2024, Groupe ADP acquired Paris Experience Group and P/S, thereby expanding Extime's offering beyond Paris airports and strengthening its international growth prospects; u the "Real Estate" segment covers real estate activities excluding terminals, and therefore includes airport real estate and diversification real estate It has development potential thanks to the land reserves available on the Paris hubs. Aéroports de Paris acts as a landowner, planner, land Paris, has minority interests. Business organisation

developer, investor and asset and rental manager. Customers include airlines, freight companies, hotels, offices and warehouses; u the “International and airport developments” segment consists of the businesses within Groupe ADP subsidiaries and investments that operate airport management activities: ADP International, TAV Airports, AIG (Airport International Group) and GMR Airports; u the "Other activities" segment mainly covers activities carried out by Hub One, a subsidiary of Groupe ADP and operator of Telecom & Mobility services, and the re-billing of studies carried out for the CDG Express project. A responsible economic regulatory model, a sustainable growth strategy The sustainability of Groupe ADP’s business model is based on the combination of two complementary economic models: regulated activities in Paris and non-regulated activities. Regulated activities, which include infrastructure in Paris, are subject to a strict regulatory framework, where ROCE (return on capital employed) cannot exceed the weighted average cost of capital (WACC), guaranteeing a fair return on investment while limiting the risk of excess profit. This category includes aviation activities (excluding safety and security), as well as certain retail and service activities, such as parking and hangar leasing in the real estate segment. Non-regulated activities benefit from greater flexibility, allowing uncapped economic value creation. These activities notably include international activities, real estate activities and retail and services activities, most of which are grouped together under the Extime brand, thus offering the Group more dynamic opportunities for diversification and growth. In addition, the sustainability of Groupe ADP’s business model takes into account its dependencies and the main risks specific to its sector of activity, whether geopolitical, societal or linked to the challenge of climate change. The sustainable development of Groupe ADP is thus based on: u the complementary nature of the hubs that make up its network, with moderate growth in air traffic in Paris and more dynamic growth at international hubs; u hospitality and quality of service for all at the heart of Groupe ADP’s corporate purpose; u a strong commitment to decarbonising its activities and to taking responsibility and creating value for the regions in which it operates (reducing noise pollution, employment, energy, mobility, etc.). Aware of the risks affecting its environment, the Group has drawn up a detailed risk map, which enables it to identify, assess and anticipate events that are likely to impact its activities (see the "Risk factors and internal control" section of this document).

1 Turkey: Ankara-Esenboğa, Izmir Adnan Menderes, Milas-Bodrum, Alanya-Gazipaşa, Antalya. Tunisia: Monastir, Enfidha. Croatia: Zagreb. North Macedonia: Skopje, Ohrid. Georgia: Tbilisi, Batumi. Saudi Arabia: Medina. Kazakhstan: Almaty. 2 India: New Delhi-Indira Gandhi, Hyderabad-Rajiv Gandhi, Indonesia: Medan and Goa. 3 Since 25 July 2024, following the merger of GMR Airports Infrastructures Ltd and GMR Airports Ltd, Groupe ADP has held a 45.7% economic interest in GMR Airports (compared with 49.0% previously). This economic interest comprises 3,410,614,011 ordinary shares and 65,111,022 OCRPS, convertible into 2,604,440,880 ordinary shares subject to certain conditions. 4 The five airports concerned are: Santiago de Chile, Amman, Nosy Be and Antananarivo, as well as Liège.

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AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024