Universal Registration Document 2024
PRESENTATION OF THE GROUP 1 GROUPE ADP’S ACTIVITIES
TAV AIRPORTS STRATEGY Groupe ADP shares its 2025 Pioneers strategic roadmap with TAV Airports. TAV Airports’ growth strategy is based on three orientations: u have solid references as an airport operator: the management of the Antalya airport concession until the end of 2051 represents a major asset as an airport that welcomed more than 38 million passengers in 2024, the renewal of the Ankara Airport concession until 2050 also enables a significant extension of the average duration of the concession portfolio and raises TAV Airports to a high level of recognition in terms of technology, hospitality and environmental growth; u concentrate network development in certain regions: consolidate and expand TAV Airports’ concession portfolio in Eastern Europe, Central Asia, the Middle East and North Africa. Rely on a large network of airlines to boost the air transport market in these regions; u develop service companies: in order to increase the revenues of existing airports and promote the Group’s competitiveness in order to win new concessions. In particular, the reputation of the TAV OS network of VIP lounges is a major vector for accelerating the deployment of the hospitality strategy.
Under these conditions, TAV Airports relies on its TAV Technologies subsidiary to develop next-generation software for airport operations and ground handling, and to deploy digital facilities on certain passenger processes, thereby guaranteeing increased international presence. TAV Technologies, present on four continents, contributes significantly to accelerating the digitisation of our airports. TAV Airports and TAV Technologies actively participate in Groupe ADP’s Smart Airports programme. TAV Airports is also well placed to contribute to Groupe ADP’s objectives in terms of ACI-ASQ and Skytrax ratings and the development of the lounge network, with four airports ranked in the top 130 airports worldwide. In terms of sustainable development, TAV Airports will focus on increasing the energy performance of its activities and reducing the carbon impact of all new buildings. To this end, a carbon assessment over the life of the new buildings is established and the use of renewable energies is intensified, in particular through an investment plan. TAV Airports has always been a pioneer in environmental matters. With the long-term plan to maximise the use of renewable energies in line with the “zero emissions” target. In the short term, TAV is currently investing in solar parks at its Bodrum, Izmir and Ankara airports with a target of 30% of total solar energy consumption.
GOVERNANCE As at 31 December 2024, TAV Airports’ shareholding broke down as follows:
Shareholders
% of share capital
Groupe Aéroports de Paris 1 Tepe Insaat Sanayi A.Ş.
46.1%
4.1%
Other free float
49.8%
1 Through Tank ÖWA alpha GmbH, a wholly-owned subsidiary of Aéroports de Paris.
TAV Airports’ Board of Directors consists of 11 members, with 5 members to be appointed by Groupe ADP, 1 for whom Tepe can propose a candidate, 1 member appointed in accordance with Turkish law and 4 independent members to be proposed by the Appointments Committee to the Annual General Meeting.
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UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS
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