Universal Registration Document 2024

PRESENTATION OF THE GROUP 1 MAIN HUBS

NOMINAL CAPACITY OF THE TERMINALS

also involved in several disputes concerning the rules for calculating royalties as defined in the concession contract. On 21 July 2023, DIAL received several favourable judgements on this subject, the impact and application date of which remain uncertain at this stage. Access Terminals 2 and 3 are connected to the central train station of New Delhi by the dedicated Delhi Airport Metro Express Line, which opened in February 2011. It serves the airport in less than 20 minutes from the city centre. Terminal 1 of the airport is also connected to the city's underground network. The airport is also connected by several express road, including the Delhi Gurgaon Expressway. Investment programme In 2024, Delhi Airport completed a major development and investment programme for its infrastructure to ensure its adaptation to the traffic growth expected in the coming years, for a total of €1.4 billion. The Phase 3A investment programme included the construction of the second southern double runway as well as a system of taxiways to the east connecting the two double runways in order to increase the efficiency of aeronautics operations and thus improve punctuality. This work was completed in 2023. The main project, completed in 2024, was the extension of Terminal 1 to increase its capacity to 40 million passengers. It also includes the reconstruction and expansion of the north apron, the aircraft parking stands, new parallel taxiways servicing the north side runways as well as the adaptation of the road access system. On 28 June 2024, part of the canopy of the departures hall at Terminal 1 of Delhi Airport collapsed following the worst torrential rain on record during the monsoon period. The canopy was part of the old Terminal 1 building dating back to 2008, and not part of the expansion works underway since 2019. Internal and external audits have been carried out, and repair work began in October 2024 with a view to fully reopening Terminal 1 in 2025. In addition, Delhi airport will carry out a detailed analysis of climate risks at the platform in 2025.

2024

(in millions of passengers/year)

Terminal 1 (C/D)

40

Terminal 2 Terminal 3

15

45

TOTAL 100 The airport hosts a cargo zone of more than 60 hectares, one of the largest in the South Asia region. With two main dedicated terminals, the platform has experienced strong growth in its activity, exceeding one million tonnes of freight once again in 2023. It has specialised cargo facilities, notably for perishable goods and controlled temperature fret. The Transhipment Excellence Centre, located airside on 7,500 sq.m., ensures the fast multimodal transfer of goods with a processing time of less than 20 minutes on average. Regulation Delhi Airport operates with a system of double hybrid tiles. Aeronautical revenues are regulated via orders by the Airports Economic Regulatory Authority (AERA) over five - year periods, after consultations with stakeholders. Non aeronautical revenues are not regulated, however a contribution of 30% of these revenues to the regulated revenues is imposed. In May 2024, DIAL filed its tariff proposal with the AERA for the fourth regulatory period. The final tariffs were published on 28 March 2025 and will come into effect on 16 April 2025. These tariffs are significantly higher compared to the previous period and will introduce a differentiated tariff structure for the first time in India. In addition, DIAL initiated arbitration proceedings regarding a dispute arising from the application by DIAL of the force majeure clause in the concession contract due to the impact of the coronavirus pandemic on DIAL and the execution of its obligations. On 5 January 2021, the Delhi High Court granted DIAL, via a temporary order for relief, the right to suspend the payment of concession fees until an arbitration court rules on the matter. The parties signed a settlement agreement dated 25 April 2022, which set interim measures for payments by DIAL pending the final decision. A judgement in favour of DIAL was handed down on 6 January 2024, which could lead to a reimbursement and an extension of the concession period. AAI, a party to the arbitration, had appealed this decision. However, this appeal was rejected by the Delhi High Court in March 2025. DIAL is

85

UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS