Aéroport de Paris - 2018 Registration document

ORGANISATION CHART

BUSINESS OVERVIEW

PERSONS RESPONSIBLE FOR THE REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT

STATUTORY AUDITORS

SELECTED FINANCIAL INFORMATION

RISK MANAGEMENT AND CONTROL

INFORMATION ON THE COMPANY

REAL ESTATE ASSETS AND FACILITIES

REVIEW OF THE FINANCIAL POSITION AND INCOME

EQUITY AND CASH FLOWS

Groupe ADP is attentive to its societal responsibility and is the interface with all of its stakeholders: passengers, airlines, tenants of the facilities, French government departments, suppliers, employees, shareholders, investors, local elected officials, regions where it operates, etc.

As an airport operator, its role is to optimise the handling of intersecting flows of aircraft, passengers, baggage, cargo activity and aircraft supplies. It offers passengers, airlines, cargo and postal operators and companies operating at the airports, the appropriate infrastructure and facilities according to their needs.

General description Groupe ADP’s business activities are divided into five segments: aviation, retail and services, real estate, international and airport developments and others. They are detailed in this chapter, under “Description of activities”. Simplified financial information

2018

2017

Operating income from ordinary activities (including operating activities of associates)

Operating income from ordinary activities (including operating activities of associates)

Revenue EBITDA

Revenue EBITDA

(in millions of euros)

Aviation

1,890 1,000

603 580

307 458

1,813 953 250

551 533 209

272 404

Retail and services

Real estate

265

148

101

161

International and airport developments

1,412

585

339

682

252

186

06

Other activities

155

47 (1)

33 (1)

217

25

9

Inter-sector eliminations

(245) 4,478

(298) 3,617

(2)

(2)

TOTAL

1,961

1,237

1,567

1,030

The group’s strengths Groupe ADP’s expertise as an airport manager spans a network of 25 airports at 31 December 2018: ◆ the three main airports in the Paris region (Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget), owned and operated by Groupe ADP, which constitute the “gateway” to France; it should be noted however that the Group also owns and operates ten general aviation airfields in the Paris region and the Issy-les-Moulineaux heliport, owned by the City of Paris; ◆ the 14 airports 1 (including Antalya acquired in 2018) managed directly by TAV Airports Group, owned at 46.12% by Groupe ADP; ◆ the eight airports spread over Europe, the Middle East, Africa, the Indian Ocean and South America, in which ADP International, a wholly- owned subsidiary of Aéroports de Paris, has equity investments. Thanks to its exceptional strengths, diversification of activities and renowned expertise, Aéroports de Paris offers a solid profile and attractive growth prospects. A privileged location The group enjoys a highly favourable geographic positioning thanks to the following: ◆ the appeal of Paris and France, the number one tourist destination in the world (87 millions of tourists in 2017 2 and of the greater Paris region, France’s largest economic region; ◆ a catchment area with an estimated population of 25 million within a 200 km radius, a large part of which is directly accessible by TGV from Paris-Charles de Gaulle airport;

◆ this is a central position, a two hour flight from most major European cities; ◆ the absence of other large airports within 300 km. This privileged location allows Aéroports de Paris to attract a large amount of point-to-point traffic (76% of total traffic in 2018) and to continue its development as a prominent hub. Complementary airports adapted to future global traffic growth AN AIRPORT SYSTEM IN ÎLE-DE-FRANCE COMPOSED OF THREE COMPLEMENTARY AIRPORTS TAILORED TO A DIVERSE CUSTOMER BASE Together, the three airports of Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget form a complementary offering for every type of air traffic: long and medium haul, domestic, connections, low-cost, leisure, charter and business. The ability of Paris-Le Bourget airport to handle business air traffic allows Paris-Charles de Gaulle and Paris-Orly airports to focus on commercial air traffic. Thanks to this complementarity, Groupe ADP serves a wide range of customers. It hosts the largest international airlines, as well as low-cost carriers and the three major international alliances: SkyTeam, Star Alliance and oneworld. In this way, it has traffic that is balanced between major geographical areas. These elements allow it to diversify its growth and limit the risk of dependence on a single type of market or customer.

1 Including Zagreb airport whose concessionary company is owned at 15% by TAV Airports and 20.8% by Groupe ADP, via its wholly-owned subsidiary, ADP International. 2 2017 data – Published by the Ministry of Tourism (19/07/2018).

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AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018