Universal Registration Document 2024

3 CORPORATE GOVERNANCE

CORPORATE GOVERNANCE REPORT ADOPTED BY THE BOARD OF DIRECTORS ON 19 FEBRUARY 2025

In 2024, the work of the Board of Directors focused on the implementation of this strategy following an in-depth analysis and numerous discussions with stakeholders, adapting the action plan where necessary or modifying the objectives in light of changes in context and the economic capacity to implement them: u the master plan for Paris-Orly Airport for 2035 was approved in 2023. Designed around a curbed increase in passenger traffic and stable aircraft movement, this new industrial project plays a demonstration role in terms of the environmental transition for aviation and airport activities and in line with the 2025 Pioneers roadmap, which has accelerated decarbonisation. In particular, it reflects the priority given to public transport and the improvement of service quality in airport development; In 2024, the Board of Directors was informed of the results of the public consultation that took place from February to May 2024, with a very high level of stakeholder participation. The four main areas of consultation focused on: "Encouraging low-carbon mobility and guaranteeing fluid access", "Developing low-carbon energies in line with local needs", "Improving the airport's hospitality and quality of service", "Developing a real estate offer that is resolutely geared towards local areas"; u the Paris-Charles de Gaulle 2050 master plan was also approved in 2023. The airport’s long-term development project embodies the ambitions of Groupe ADP’s strategic roadmap 2025 Pioneers. It is based on four main themes: intermodality, modularity, decarbonisation and quality of service; With this thoughtful and inclusive project, Paris Charles de Gaulle airport is confirming its role as an accelerator of integration and economic development for the surrounding areas; u a second assessment of the results obtained from the 2022-2025 strategic roadmap – 2025 Pioneers: This roadmap covers 20 concrete projects at Group level by 2025 to form the basis of the new airport model. In order to truly engage the Company with all its stakeholders, these 20 targets were communicated to the market and their implementation was made public; Since the implementation of the 2025 Pioneers roadmap, Groupe ADP has implemented its strategy in all its areas of activity, deploying all the measures at its disposal to achieve the objectives it had set itself, in particular the strengthening of intermodality in Paris, hospitality and the use of local purchasing. A progress report on the roadmap at the end of June 2024 led to the adjustment of four objectives, taking into account exogenous factors such as the potential for certain regulations to evolve; u a review of the environmental and climate aspects of the "Pioneers for Trust 2025" strategy, as part of the SBTi (Science Based Targets initiative) certification process; u the close monitoring of the organisation for hosting the Paris 2024 Olympic and Paralympic Games at Paris airports, which was carried out in compliance with a strong CSR approach. The quality of the welcome given to disabled passengers was a strong marker of this.

In 2024, the Board of Directors were also involved in the following areas: u the implementation of the CSRD (Corporate Sustainability Reporting Directive), which involves many Groupe ADP stakeholders. The results of the double materiality analysis, consisting of the impact of Groupe ADP on the Company and the environment (impact materiality) and the impact of the Company and the environment on Groupe ADP (financial materiality), were presented to the Board of Directors and at a joint meeting of the Audit and Risk Committee and the CSR Committee in October 2024; u the growing involvement of the Board of Directors and its committees in all aspects of sustainability. Investment and development projects, both in France and abroad, are systematically examined in view of sustainability issues. In the same way as in previous years, the Board of Directors took into consideration the social and environmental issues and the purpose when the subject had an impact on these elements. u the independent third-party organisation SBTi (Science Based Target Initiative) certified Groupe ADP's greenhouse gas (GHG) emission reduction targets in accordance with the net-zero standard. The aim of this certification is to ensure that a company's climate commitments are consistent with the Paris Agreements, in particular the objective of limiting the increase in temperature to 1.5°C above pre-industrial levels. There were four reasons for seeking this certification: consistency with scientific recommendations, the expectations of the Board of Directors, anticipation of the requirements of the CSRD and the expectations of investors, financial analysts and non-financial analysts. The certification covers ADP SA's internal emissions (Scope 1 and 2) and those of its stakeholders (Scope 3), with medium-term (2030) and long-term (2050 at the latest) horizons; u the Board of Directors’ approval of the international development strategy is based in particular on an CSR assessment benchmark, which is inherent to the value offer carried by Groupe ADP. u the results of the 2024 ethical climate barometer and the assessment of the Ethics and Compliance programme; u risk mapping: Groupe ADP’s 2024 risk mapping integrating CSR and impacts related to climate change, corruption risk mapping; u 2023 Vigilance Plan and Human Rights Policy; u Sustainable Purchasing Policy; u the HR policy, the implementation of non-discrimination, diversity and professional and salary equality policies, the diversity policy of the management bodies of Aéroports de Paris and the presentation of actions to improve health and safety at work; u Aéroports de Paris’ contribution to the French Compensation Fund for Airport Nuisance; u the assessment of the consideration of social and environmental issues and the purpose, u a review of the actions carried out by Groupe ADP Foundation over the last 10 years. A report on the work of the CSR Committee is systematically presented to the Board of Directors. It should be noted that members of the Stakeholders Committee spoke at the CSR Committee meeting to present the results of their activity and the programme for the coming year.

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AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024