Universal Registration Document 2024

6 FINANCIAL INFORMATION

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2024

NOTE 5 EMPLOYEE BENEFITS

Groupe ADP offers benefits to employees such as end-of- career indemnities and health coverage to some of its retiring employees. The main benefit plans are described below. These benefits are classified and accounted in accordance with IAS 19 – Employee Benefits, applicable since 1 January 2013.

u net interest on the net defined benefit obligation (net of plan assets), which include the discount expense and the implicit return on plan assets; u re-measurement of the net defined benefit obligation, which comprise actuarial gains and losses, and the difference between the return on plan assets and interest income on plan assets (included in net interest), recognised immediately and fully in other comprehensive income (OCI). In case of plan amendments, curtailments or liquidations, past service costs are recognised immediately in income. Other long term employee benefits Other long term employee benefits include items such as aeronautics industry long-service awards payable to employees of Aéroports de Paris SA, and the corresponding long service bonuses. These are benefits of which the settlement date is expected to exceed 12 months after the end of the reporting period in which the employees render the related services. Measurement and accounting methods are similar to those used for defined benefit plans except for re-measurements that are recognised immediately in income, and not OCI (equity). Termination benefits Termination benefits payable as a result of voluntary redundancy plan are recognised as a liability and expense at the earlier of the following dates: u date on which the Group can no longer withdraw the offer of those benefits; or u date on which the Group recognises costs for restructuring that involves the payment of termination benefits. Concerning the non-recurring elements, the expense is recognised as other non-recurring operating income and expenses in the income statement. Actuarial assumptions are presented in note 5.3.2.

Post-employment benefits – Defined contributions plans

Defined contributions plans are post-employment benefit plans under which the Group’s commitment is limited solely to the payment of contributions. The contributions paid are expensed in the period in which they occur. Post-employment benefits – Defined benefit plans Defined benefit plans entail an obligation for the Group to pay an amount or a level of defined benefits. This obligation is recognised as a provision based on an actuarial estimate. The measurement method used is the projected unit credit method. It consists in estimating the amount of future benefits accrued by employees in exchange for services rendered in the current and prior periods. Estimates are performed at least once a year by an independent actuary. They rely on assumptions such as life expectancy, staff turnover, and wage projections. The discount rate used at year- end is based on first-class bonds of which the maturity date is close to that of the Group’s commitments. When these plans are funded by external funding and meet the definition of plan assets, the provision is reduced by the fair value of plan assets. This provision is broken down into: u service costs: recognised in the operating income together with other personnel costs;

5.1 Personnel costs Personnel costs can be analysed as follows:

2024 (910) (373)

2023 (778) (308)

(in millions of euros) Salaries and wages

Social security expenses Capitalised salary costs

71

59

Employee profit sharing and incentive plans

(35) (12)

(20)

Net allowances to provisions for employee benefit obligations

(8)

TOTAL

(1,259)

(1,055)

Personnel costs for 2024 amounted to €1,259 million, up 19.3% (€204 million). This increase is attributable in particular to: u a €135 million increase for TAV Airports, linked to inflation driven salary increases in Turkey, and to a lesser extent to the increase in headcount;

u a €49 million increase for ADP SA, due to: u the impact of recruitment in 2023 and 2024,

u the impact on Aéroports de Paris personnel costs of the salary increase measures implemented in January 2024.

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AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024