Aéroport de Paris - 2018 Registration document

ORGANISATION CHART

RISK MANAGEMENT AND CONTROL

PERSONS RESPONSIBLE FOR THE REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT

STATUTORY AUDITORS

SELECTED FINANCIAL INFORMATION

INFORMATION ON THE COMPANY

BUSINESS OVERVIEW

REAL ESTATE ASSETS AND FACILITIES

REVIEW OF THE FINANCIAL POSITION AND INCOME

EQUITY AND CASH FLOWS

The annual audit programme is presented to the Comex and examined by the Audit and Risks Committee. It informs the same bodies of the monitoring: ◆ of internal audit action plans; ◆ of the conclusions drawn from the audits carried out within Aéroports de Paris SA by external auditing and monitoring bodies (with the exception of management system audits). The Audit Department collaborates with the internal audit teams at TAV Airports and Airport International Group (“AIG”). External control structures In the first instance, this relates to the Statutory Auditors appointed by the General Meeting of Shareholders of 18 May 2015: Ernst & Young Audit and Deloitte & Associés. Moreover, Aéroports de Paris is subject to specific controls due to its being a majority State-owned company. The Court of Auditors, the Economic Affairs Committee of the National Assembly and the Senate, the State Economic and Financial verification mission, and the Council on the Environment and sustainable development, in particular, are therefore responsible for overseeing the finance, management and internal control sectors (see Chapter 19.1 of the 2018 registration document). The company is also subject to controls of an operational nature, which are carried out by the French Civil Aviation Authority and by the European Commission. Moreover, to obtain or maintain certification of their management systems, the various Group entities that are affected undergo annual external assessment audits, conducted by independent accredited organisations. These audits may lead to requests for improvement. Aéroports de Paris is also subject to assessments by credit and extra- financial rating agencies. Limitations The risk management and internal control system can only provide reasonable and not absolute assurance regarding the overall control of the Group’s risks and objectives. Indeed, these systems have inherent limits, particularly regarding uncertainties affecting the international environment and possible failings due to mistakes or human error. The internal control mechanism and management of risks relating to the development and handling of financial and accounting reports The risk management and internal control systems relating to the development and handling of financial and accounting reports concern the financial, management control and accounting areas. Accordingly, this principally concerns the Finance, Management & Strategy Department and the Accounts Department, which report to the Finance, Strategy & Administration Division. Departmental responsibilities The Finance, Management & Strategy Division is responsible for the group’s strategic and financial direction. It guarantees that the Economic Regulation Agreement (ERA) is fulfilled and is consistent with the strategic

plan, directs the main levers for economic regulation, supplies financial expertise and forecasts, manages cash flow and debt and is in charge of financial communication. It supplies senior management and various departments and subsidiaries with financial reports and analysis allowing them to monitor their performance. It contributes to defining and tracking financial objectives and to determining any necessary corrective actions. The Finance, Management & Strategy Division is responsible for a branch of management control (finance, management and strategy branches). The Corporate Accounts Division makes accounting and financial reports available to different decision-making bodies within the Company, allowing them to monitor their performances. It is responsible for the production of financial statements and consolidated financial statements in accordance with French and international accounting legislation as well as the establishment of reliable accounting procedures. It includes the financial unit, whose responsibilities include ensuring that the fiscal policy is correctly applied at group level. It manages fiscal integration and local taxes, as well as all other taxes. Processes and methods Group guidance STRATEGIC STEERING The strategic steering process is based on emphasising the strategy as a framework tool and guide for the financial year as well as on the alignment between the Group’s short and medium-term budget and reporting objectives . The Finance, Management & Strategy Division manages the strategic analysis process and the strategic objective operational planning process and has ensured its monitoring. The Finance, Management & Strategy Division is responsible for aligning the financial objectives of the subsidiaries and consolidated shareholdings with those of the group. It also oversees and controls financially the subsidiaries and consolidated shareholdings. With its overall view of this activity, it adjudicates on the alignment of projects with the group’s strategic goals and carries out arbitration. Concerning non-airport contracts, the finance, management and strategy division uses the prior analysis from the real estate division and customer division, for real estate activities and commercial joint ventures, respectively. This organisation is accompanied by a reporting system as part of the guidance of both the group and the company. The Group’s steering mechanism is currently being updated in order to adapt it to its new, wider scope, since the control taken over TAV Airports and Airport International Group (“AIG”) by Aéroports de Paris, and to take ADP International’s role into account. STRATEGY AND INVESTMENT APPROVAL PROCESS The Group’s steering mechanisms are based on institutional and managerial committee arrangements within the parent company. As extensions of the Board of Directors of Aéroports de Paris, the Strategy and Investment Committee and Audit and Risk Committee make recommendations to it on, respectively: ◆ the definition and implementation of the strategic policies of Groupe ADP; ◆ the appropriateness of the Group’s financial policy and the effectiveness of its risk management. Their mandates are specified in the rules of procedure of Aéroports de Paris’ Board of Directors (see Chapter 16.1 of the registration document).

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AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018