Universal Registration Document 2024

1 PRESENTATION OF THE GROUP MAIN HUBS

Infrastructure RUNWAYS

INTERNATIONAL TRAFFIC

2%

3%

Antalya Airport has two parallel runways (plus an additional runway reserved for military use) and therefore the potential for traffic growth with additional parking areas and terminals. Currently the airport has 28 boarding bridges, 24 of which serving the international traffic.

8%

TERMINALS The terminal area of the airport is 181,000 sq.m.:

26%

11%

u International T1: 61,258 sq.m.; u International T2: 92,703 sq.m.; u Domestic: 37,017 sq.m.; u GA: 1,510 sq.m. There are 207 check-in desks. (175 counters for T1 and T2,

and 32 counters for the domestic terminal). Regulatory framework: concession period and tariffs

23%

Romania

Germany

Russia Poland

United Kingdom

The initial concession period ran until 31 December 2026 and was extended until December 2051. The additional investments aim to increase the capacity of Antalya Airport and entrust TAV with the operating rights of the international and domestic terminals (current and under construction), of the CIP terminal, the general aviation terminal and ancillary infrastructure. An amount of €7.25 billion (excluding VAT) will be paid to DHMI in respect of the total rent of the concession. The official rate is regulated by the DHMI and is €15 per departing international passenger. The transfer price is €2.5, and the domestic price is €3 per departing passenger. The rental fee paid by Fraport-TAV Antalya is €100.5 million plus VAT each year until December 2026.

Kazakhstan

International traffic by destination and airline Antalya Airport is served by direct international flights to a total of 214 destinations, operated by 99 different airlines, including summer seasonal charter flights. The main airlines in Antalya are: Sun Express, Turkish Airlines, Corendon Airlines, Pegasus Airlines, South Wind, Freebird, Azur Air, Jet2 Airlines, Mavik Gök, Ryanair, Enter Air and EasyJet.

Type/end date of concession Concession (Dec. 2026)

TAV Airports'

Security fee/ international pax

2024 PAX

International fee/pax

Domestic fee/pax

Volume guarantee

Airport Antalya

stake Scope 49% 1 Terminal

Concession fee

38.3

€15 €2.5 (transfer) €17 €5 (transfer)

€3

€1.5

No €100.5 million plus VAT

51% 2 Terminal

New Antalya Concession (from 2027)

Concession (Dec. 2051)

38.3

€3

€3

No €1,813 million in advances €145 million from 2027 to 2031

and €236 million from 2032 to 2051 plus VAT 3

1 TAV Airports’ 49% stake in Antalya Airport entitles it to equal governance and to 50% of the dividends. 2 TAV Airports’ 51% stake in Antalya Airport entitles it to equal governance and to 50% of the dividends. 3 VAT will be paid on an accrual basis from 2027 (€52.2 million per year). Access

The first phase of the investment began in 2023 and is due to be completed in 2025, at a total cost of around €669 million. The second phase, involving the construction of the control tower, is scheduled for 2026. A third tranche, of around €132 million, is planned from 2038. The provisional acceptance of the construction work has been validated by the competent authorities. In addition, the EPC (Engineering-Procurement-Construction) contract will be provisionally validated shortly, ahead of the opening. Meanwhile, the surface area dedicated to international flights was increased from 105,000 sq.m. to 138,000 sq.m. during the design and construction phase, incorporating adjustments and variations. The total investment of the first tranche has been revalued at €810 million.

Airport is located 13 km away from Antalya city centre. Terminal 1 is connected to the city by the Fatih-Meydan Airport tram system. Various shuttle services are available. Investment programme Approximately €765 million under a fixed-price design-build contract is being invested in the extension of the terminals (extension of 105,000 sq.m. for international flights and extension of 38,000 sq.m. for domestic flights), the extension of reserved areas (an extension of 1,000,000 sq.m.) and a new 70,000 sq.m. international terminal, opening in 2040. This will double the capacity of the airport to reach 80 million passengers per year. The airport expansion project includes the implementation of an internal and external audit on an environmental, social and societal basis.

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AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024