Universal Registration Document 2024
SUSTAINABILITY REPORT 4 ENVIRONMENTAL MATTERS
French subsidiaries Hub One/Retail subsidiaries/Real estate subsidiaries NON ELIGIBLE ACTIVITIES Hub One's activities and investments relating to telecommunications services and networks are not eligible for the Taxonomy. In the case of Extime (Extime Duty Free Paris, Extime Food & Beverage, Extime Lounge, Extime Media, Campus Extime), activities involving the sale of alcohol, tobacco, perfumes and cosmetics, and gastronomy in airport environments, as well as the management of retail activities and paid services in airports, are not eligible, nor are investments in this area that do not meet the eligibility criteria for the Taxonomy. ELIGIBLE ACTIVITIES Aéroports de Paris SA's real estate subsidiaries (ADP Immobilier, ADP Immobilier Tertiaire, SCI Ville Aéroportuaire Immobilier 1, ADP Immobilier Industriel, SCI ROMEO, Hôtels Aéroportuaires) generate rental income and CapEx linked to the construction of new buildings and the renovation of existing buildings that are eligible for tax relief. The Taxonomy analysis carried out this year took into account the entire TAV Airports scope in terms of turnover. This shows that 6.8% of turnover is eligible for the European Taxonomy, mainly in connection with ground handling activities. With regard to capital expenditure (CapEx), the analysis focused on the Havas, Izmir and Almaty entities. This approach has made it possible to identify a number of investments eligible for the European Taxonomy, totalling €23 million in 2024 ( i.e., 2.1% of eligible investments), broken down as follows: u €14.9 million generated by the modernisation and extension works at Almaty Airport in Kazakhstan (construction of the new international terminal), which comes under activity 7.1 “Construction of new buildings”; u €5.5 million of eligibility relating to activity 6.20 “Ground handling operations in air transport” carried out by the Havas and Almaty entities; u €1.8 million of eligibility on activity 2.2 “Urban wastewater treatment”, at Almaty airport. However, the minimum Human Rights guarantees for TAV Airports could not be verified with sufficient precision to confirm alignment with the requirements of the Taxonomy. This point is still being assessed because of certain difficulties in justifying their compliance. Consequently, precaution has been applied for the 2024 financial year, resulting in the results of the TAV Airports alignment not being included in this year's report. Groupe ADP has already undertaken several actions to strengthen the integration of TAV Airports into its global approach to sustainability: u TAV Airports was included in the first Human Rights risk mapping carried out by Groupe ADP in 2022-2023. We plan to update and complete this assessment with more detail by activity and by country risk in 2025-2026; u formalising a Human Rights Policy: in 2023, the TAV Group adopted its first Human Rights Policy, committing itself to complying with national and international legal Subsidiaries outside France TAV Airports and its subsidiaries
In 2024, €4.2 million of investment related to the construction of new buildings was considered eligible for activity 7.1 of the Taxonomy, but not aligned. With regard to activity 7.2 relating to building renovation, €1.8 million of investments are considered eligible but not aligned with this activity. With regard to the turnover of property subsidiaries, €2.1 million, relating to activity 7.7 linked to the acquisition and ownership of buildings, has been identified as eligible and aligned with the Taxonomy. In fact, the few buildings identified are aligned because they have a class A DPE. Hologarde The anti-drone control activities (LAD) of Hologarde, a wholly-owned subsidiary of Aéroports de Paris SA, are not eligible (and consequently, not aligned) for the Taxonomy. The subsidiary's investments are not eligible (or aligned) with the environmental objectives of the Taxonomy. requirements. This policy is in line with international environmental and social standards, such as: u the conventions of the International Labour Organization (ILO), u the performance standards of the International Finance Corporation (IFC), u the requirements of the European Bank for Reconstruction and Development (EBRD), u the Equator Principles. The TAV Group sets out its commitments to its employees, the local communities in the areas where it operates, and its entire supply chain. (See the Human Rights Policy on the TAV Group website and the Groupe ADP 2023 Vigilance Plan, p. 107, 126, 134-135 and 145) (see the Human Rights Policy available on the TAV Group website, and details in the Groupe ADP 2023 Vigilance Plan, p. 107, 126, 134-135 and 145); u the Group's whistleblowing system, in place in all TAV Airports subsidiaries, enables anyone concerned to report breaches of the Code of Conduct, particularly in the areas of Human Rights, fundamental freedoms, the environment, health and safety (in accordance with the scope of the Potier law on the Duty of Vigilance). See Whistleblowing system – Section 4.4.2.4 of this report. The Taxonomy alignment analysis for TAV Airports will be Compliance with minimum guarantees for the AIG subsidiary has been verified and confirmed for the 2024 financial year. The criteria for substantial contribution and DNSH were therefore analysed. The activities eligible for the Taxonomy mainly concern activity 6.3 "Urban and suburban transport, passenger road transport" and activity 6.5 "Transport by motorbikes, passenger cars and light commercial vehicles", which relate to investments. In addition, activity 7.7 "Acquisition and ownership of buildings" is also eligible, but only relates to turnover. However, for the 2024 financial year, no investments or turnover are considered to be aligned with the Taxonomy. monitored more closely in 2025 and 2026. Airport International Group (AIG)
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UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS
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