Universal Registration Document 2024

CONTENTS

2024 - 2025 HIGHLIGHTS

2

PRESENTATION OF THE GROUP

13 14

1.1

Groupe ADP's activities

1.2 1.3 1.4 1.5

Strategy Main hubs

50 59 93 95

Competitive position Regulatory environment

RISK FACTORS AND INTERNAL CONTROL

103 104 123 130

2.1 2.2 2.3

Risk factors

Internal control and risk management Legal and arbitration proceedings

SHARE CAPITAL AND OWNERSHIP STRUCTURE

685 686 687 689

7.1 7.2 7.3 7.4

Ownership structure

CORPORATE GOVERNANCE

Stock market information

133

Financial calendar

3.1

Corporate governance report adopted by the Board of Directors on 19 February 2025 134

Additional information on the share capital and provisions of the articles of association Disposal of shares in order to regularise cross - shareholdings Notice given to another joint-stock company that the company holds more than 10% of its share capital

690

3.2

Other information relating to administrative bodies and executive management

199 202

7.5

695

3.3

Internal governance

7.6

SUSTAINABILITY REPORT (including Vigilance Plan)

695

208

7.7

significant equity investment in or control of companies with registered offices in France 696

Merger of the Sustainability Report and the Vigilance Plan – key points

210 215 245 368 486

7.8

Provisions of article 223 quater of the french general tax code

4.1 4.2 4.3 4.4 4.5

General disclosures Environmental matters Social and societal matters

696

7.9

Injunctions or financial penalties for anti - competitive practices Research and development activities

696 696 696

Governance matters

7.10 7.11 7.12

Statutory auditors' report on the Sustainability Report

Existing branches

518

Observations of the french financial markets authority (AMF) on the proposed renewal of the statutory auditors

2024 HIGHLIGHTS

696

523

ADDITIONAL INFORMATION

5.1

Comments on group developments since 1 January 2024 Analysis of 2024 consolidated financial statements Achievement of 2024 traffic assumptions, forecasts and targets

524

699 700

5.2

8.1 8.2 8.3 8.4 8.5

Company information

531

Contracts

701 721 721

5.3

Statutory auditors

542 542 546 546

Documents available to the public Persons responsible for the URD including the AFR

5.4 5.5 5.6

Purchases

Recent events

721 722

Outlook

8.6

Cross-reference tables

FINANCIAL INFORMATION

551

6.1

Groupe ADP consolidated financial statements as of 31 December 2024 Company financial statements of Aéroports de Paris SA at 31 December 2024

552

6.2

643 682

6.3 6.4

Five-year financial summary

Schedule of supplier and clients payments relating to existing liabilities at the year-end

682

Information from the Annual Financial Report is identified by the AFR symbol

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