Aéroport de Paris - 2018 Registration document

BUSINESS OVERVIEW 06 DESCRIPTION OF THE PARISIAN AIRPORTS OWNED OR OPERATED BY GROUPE ADP

Traffic Point-to-point traffic accounts for over two thirds of passenger traffic at Paris-Charles de Gaulle airport. In addition, the airport is also ideally located to attract connecting traffic, thus boosting long-haul traffic since Paris is less than two hours by air from all major Western European cities. In 2018, connecting traffic accounted for 28.6% of the traffic. Growth in passenger traffic on the Paris- Charles de Gaulle platform (in millions of passengers)

The main airlines operating from Paris-Charles de Gaulle airport are Air France 1 (51.0% of the traffic), easyJet 2 (7.2%), Delta Airlines (2.5%), Vueling (1.8%) and Lufthansa (1.7%). Access to the airport The Paris-Charles de Gaulle airport is served by a road and railway network that provides easy access for passengers, cargo carriers and airport personnel. This places it at the cutting edge for intermodality compared with other airports. The airport is accessible thanks to the proximity of motorways, a TGV high-speed train station at the heart of terminal 2, two RER commuter stations and a coach station at terminal 1 in the Roissypole area. Lastly, the automatic shuttle rail service CDGVal connects the three airport terminals, the RER-TGV stations and the long-stay car parks. In January 2014, Frédéric Cuvillier, the French Minister responsible for Transport, the Oceans and Fisheries, announced during his visit to Paris- Charles de Gaulle airport with Augustin de Romanet, Chairman and CEO of Aéroports de Paris, the relaunch of the CDG Express project, which will link the airport to the Gare de l’Est in 20 minutes, via the creation of a consultancy by the government, SNCF Réseau and Aéroports de Paris. This research company, called CDG Express Études, founded on 28 May 2014, is tasked with carrying out, or arranging, all studies necessary for the creation of a direct rail link between Paris and Paris-Charles de Gaulle airport, and conducting work with the French and European authorities as necessary in order to ensure the success of the CDG Express link. The Government has taken structuring decisions based on the studies completed. Thus, in accordance with Law No. 2016-1887 of 28 December 2016 on the rail link between Paris (Gare de l’Est) and the transfer module at terminal 2 of Paris-Charles de Gaulle airport, the government will grant a company majority held by SNCF Réseau and Aéroports de Paris, a works concession for the design, financing, building, development, operation and maintenance, including servicing and upgrades, of rail infrastructure for passenger transportation between Paris and Paris-Charles de Gaulle airport. The CDG Express rail link consists of existing sections, new sections providing access to the networks connecting the terminal train stations at Paris-Est and the Charles de Gaulle airport, as well as the facilities located within these stations. The link is expected to be commissioned by 2024. The link will be completed as part of a concession contract for works between the French State and the Infrastructure Manager, CDG Express, a subsidiary equally owned by Groupe ADP, SNCF Réseau and Caisse des dépôts et consignations. Under the concession contract for works signed on 11 February 2019, the Infrastructure Manager, CDG Express, is responsible for financing, designing, building and maintaining the link. In parallel, in November 2018, the French State designated the Kéolis RATP Dev consortium as the preferred candidate for operating the future link. The project represents an investment of €2.1 billion, which will be financed by a loan from the French State for a maximum of €1.7 billion approved in the French Finance law for 2018 and by equal equity contributions of around €400 million from the three shareholders. To repay the loan, the Infrastructure Manager will benefit from fees paid by the rail operator. In accordance with the amended Finance law for 2016, it will also benefit from the special “CDG Express” contribution of a maximum of €1.4 per air passenger excluding connecting passengers, paid by the airlines that use Paris-Charles de Gaulle airport from 2024 i.e. when the link has been commissioned. In terms of administrative procedures, the project was subject to an amended public utility declaration in March 2017. Since February 2019, it also benefits from a single environmental authorisation enabling the works to be launched.

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International (non Europe) Europe National

Airlines Paris-Charles de Gaulle’s terminal 1 welcomes both international and Schengen traffic, notably bringing together the Star Alliance airlines. Terminal 2 is home to international and Schengen traffic, notably from Air France-KLM and its partners from the Skyteam and oneworld Alliance airlines. Terminal 3 mainly hosts charter traffic and low-cost airlines.

Passenger traffic per type of airline at Paris-Charles de Gaulle in 2018

+4.6%

oneworld Alliance

Star Alliance +10.6%

Skyteam Alliance +59.4%

Other companies +11.3%

+14.1%

Low cost companies

1 Air France-KLM, Hop! 2 EasyJet Airlines Co and EasyJet Switzerland.

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AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018