Aéroport de Paris - 2018 Registration document

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

Regulatory constraints To cut down on aircraft noise pollution for local communities, jet aircraft take-offs, the use of reverse thrust systems and the use of runway 2 by aircraft exceeding 5.7 tonnes are prohibited between 10.15 pm and 6 00 am. The business aviation market Business aviation is a professional tool used by companies as well as individuals in three complementary forms: ◆ commercial business aviation: independent transport companies provide an on-demand “air-taxi” service, supplying aircraft and crew for the duration of the flight. The cost of the flight depends on the type of aircraft and the amount of flight time; ◆ time-share aviation: a company buys a share in an executive jet, corresponding to a certain amount of annual flight time; ◆ corporate aviation: a company owns its own fleet of aircraft and employs its own crews for its exclusive needs. Paris-Le Bourget airport offers several advantages for business travellers: ◆ fast boarding and deplaning, thanks to the optimisation of transfer procedures between aircraft and ground transportation; ◆ the quality of its aviation facilities; ◆ its proximity to Paris; ◆ the presence of the world’s leading global corporate aviation service operators, guaranteeing travel service quality, discretion and confidentiality; ◆ the presence on site of the European maintenance centres of three of the five main international business aircraft manufacturers; ◆ the possibility of landing at the airport at all hours, within certain limits, and of reaching destinations not served by traditional commercial airlines; ◆ the quality of the ground services and the possibility of holding meetings at the airport itself. Competition In 2018, Paris-Le Bourget airport maintained its position as Europe’s leading business aviation and continues to see growth in its traffic. The airport is accordingly well ahead of its main competitors, Nice and Geneva, despite their growth. The Paris-Le Bourget airport continues to draw the main business aviation market players, which include companies and support companies (Signature Flight Support, Jetex, Universal Aviation, Advanced Air Support, Dassault Falcon Services and Unijet/SkyValet). Note that following the liquidation in 2018 of the Segur Group, Advanced Air Support (which has since become Advanced Air Support International) and Jet Home were acquired by Europe Handling Group and R&O by La Baule Aviation whilst the AC Hotels Marriott hotel was bought by the Westmond Group). At end 2018, CLAIR Group acquired Signature’s Business Terminal 2. Similarly, major international manufacturers and operators (Dassault Falcon, Cessna, Embraer and TAG, along with Bombardier and Gulfstream in 2018) have located Europe-wide maintenance centres at Le Bourget. The Airbus Helicopters factory (helicopter blade manufacturing) was also commissioned in 2017 and a 5,000 sq.m. apprentice training centre for the aviation industry will open in September 2019. Other companies continue to request land on which to develop or set up their operations and are submitting projects for the coming years. All of the activities are part of the announced development connected with the “Métropole du Grand Paris” project, and particularly the future building of

the Grand Paris Express “Le Bourget Aéroport” train station planned for 2024. Diversification projects are already planned at Le Bourget, such as the 24,000 sq.m. art conservation centre expected to open in 2019, which will allow major museums to benefit from a specialised venue offering large storage areas close to Paris, while art galleries and exhibitions in Paris will find a secure logistics hub in this state-of-the-art facility with easy access to runways and customs services. Paris-Le Bourget metropolitan department Le Bourget is one of the eight cities included in the new Etablissement Public Territorial “Paris Terres d’Envol”, a component of the Métropole du Grand Paris created in early 2016. Local municipalities are fully involved with the airport in the preliminary works launched by the Société du Grand Paris. The studies take into account the main aspects of the development of the south zone of the airport. The deployment of certain of its installations in the airport environment provide an opportunity which is included in the development studies. Groupe ADP is working on redefining the development plan for the airport and the development of the airport maintenance group. It is also involved in the creation of hangars and aircraft parking areas in the central zone. Proposals for 2021-2025 The Paris-Le Bourget platform will benefit from the certain arrival of Line 17, which will enhance the platform’s attractiveness and accessibility and justify infrastructure maintenance and upgrading operations in the area. Thus, as part of the preparation for the 2021-2025 Economic Regulation Agreement (ERA), on 2 April 2019 ADP announced the planned real estate projects for the Paris-Le Bourget platform. ADP plans gradual investments in this platform: management of aircraft parking areas, which will take place in the medium term through increasing the capacity of aircraft areas, reinvestment in historic buildings and development of the North area and the West area (Dugny) for aircraft maintenance activity. In the Public Consultation Document, ADP proposed a development plan through the renovation of hangars and the construction of parking areas around the central area, for the maintenance of Category C and other aircraft. Civil airfields for general aviation Groupe ADP owns and manages ten civilian general aviation airfields in the Paris-Île de France region: ◆ Meaux-Esbly, covering 103 hectares. Aeronautic Club de France celebrated 120 years in 2017; ◆ Pontoise-Cormeilles-en-Vexin, covering 237 hectares;

◆ Toussus-le-Noble, covering 167 hectares; ◆ Chavenay-Villepreux, covering 48 hectares; ◆ Chelles-le-Pin, covering 31 hectares; ◆ Coulommiers-Voisins, covering 300 hectares; ◆ Étampes-Mondésir, covering 113 hectares; ◆ Lognes-Émerainville, covering 87 hectares; ◆ Persan-Beaumont, covering 139 hectares; ◆ Saint-Cyr-l’École, covering 75 hectares.

In addition, Groupe ADP manages the Issy-les-Moulineaux héliport. In 2018, around €2.0M were investied for the renovation of the infrastructures and the buildings of Civil airfields for general aviation

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AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018