Universal Registration Document 2024

FINANCIAL INFORMATION 6

GROUPE ADP CONSOLIDATED FINANCIAL STATEMENTS AS OF 31 DECEMBER 2024

At the end of the period, other non-current liabilities were as follows:

As at 31 Dec. 2024 As at 31 Dec. 2023

(in millions of euros)

Concession rent payable > 1 year

547

575

Investment grants

98

56 56 56

Debt related to the minority put option

61

Deferred income

54 52

Other

13

TOTAL

812

756

Concession rent payable mainly relates to TAV Airports for TAV Milas Bodrum and TAV Ege which concession rent are fixed as defined in the concession agreements and have been recognised as counterparty for the airport operating right (see note 6.1.1). As at 31 December 2024, non-current concession rent payables amounts to €252 million for Milas Bodrum and €221 million for Ege (versus €267 million and €239 million respectively as at 31 December 2023). The receivable from Direction Générale de l’Aviation Civile (AIG) amounts to €22 million.

The liability related to the minority put option and outstanding payments on shares concern mainly Almaty Airport Investment (Kazakhstan). Deferred income over a year mainly concerning Paris SA Airport and consists in: u the rent to Air France of terminal T2G, i.e. , €8 million as of 31 December 2024 (€11 million as of 31 December 2023); u leasing construction of SCI Aéroville, i.e. , €26 million as of 31 December 2024 (€26 million as of 31 December 2023).

NOTE 9 FINANCING 9.1 Management of financial risk 9.1.1 Introduction

The Group's main financial liabilities are bonds, bank loans and overdrafts, lease liabilities, trade payables and leases. The main purpose of these financial liabilities is to finance the Group's operating activities. Groupe ADP holds financial assets such as cash, units in UCITS (Undertakings for Collective Investment in Transferable Securities), term deposits and trade receivables. The Group also holds derivative instruments, mainly interest rate swaps and forward currency and raw materials purchases. The purpose of these instruments is to manage interest rate risks associated with the Group's financing, foreign exchange risks associated with acquisitions in foreign currencies, and commodity price risks associated with the future consumption of raw materials. The main risks faced by the Group in managing its financial assets and liabilities are: u credit risk; u liquidity risk; u market risk (interest rates, foreign exchange, commodities).

This note presents information on the exposure of the Group to each of the above risks, its objectives, its risk measurement and management policy and procedures, and its capital management. Quantitative information appears elsewhere within the consolidated financial statements. It is the task of the risk and audit committee to define and supervise the scope of the Group's risk management. The objective of the Group's risk management policy is to identify and analyse the risks that the Group must face, define the limits within which the risks should fall and the controls to be implemented, manage the risks and ensure compliance with the limits defined. The risk management policy and systems are regularly reviewed in order to take account of changes in market conditions and the Group's activities. Through its training and management rules and procedures, the Group aims to develop a rigorous and constructive control environment, within which all personnel have a good understanding of their roles and obligations. The Group's audit committee has responsibility for carrying out an examination, together with senior management, of the main risks faced by the Group, and examining the risk control policy in all areas. In addition, the Internal Audit Department carries out reviews of the risk management controls and procedures, the results of which are communicated to the audit committee.

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UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS