Aéroport de Paris - 2018 Registration document

BUSINESS OVERVIEW 06

DESCRIPTION OF ACTIVITIES BY SEGMENT

The 2016-2020 ERA is balanced and is based on burden sharing among all stakeholders. It is based on the following approaches: ◆ consolidation of fundamentals: Aéroports de Paris intends to take advantage of its assets and has made consolidating its fundamentals a key priority for the 2016-2020 Economic Regulation Agreement. This involves focusing heavily on maintenance and regulatory compliance, optimising its infrastructures and rolling out quality standards; ◆ a winning position: to increase its capacity to capture global growth, Aéroports de Paris must continually improve its services and the competitiveness of its Parisian airports for the benefit of its customers, partners and the regions. To meet this challenge, Aéroports de Paris will bring to bear all the means of leverage at its disposal: an overhaul of the tariff policy associated with the implementation of incentive measures; ◆ increased competitiveness: the ERA provides for the implementation of a major investment plan focusing primarily on cost control, with the aim of improving the competitiveness of the Parisian airports in terms of costs and pricing. Setting of fee levels Procedure for the annual setting of rates Aéroports de Paris consults the Economic Advisory Committee for Paris-Charles de Gaulle and Paris-Orly airports, on the one hand, and for Paris-Le Bourget airport, on the other, at least four months before the beginning of each pricing period. Made up of representatives from aviation users, professional air transport organisations and Aéroports de Paris, the Economic Advisory Committee’s primary mission is to provide an opinion on proposals for changes to airport fee rates and on investment programmes. Aéroports de Paris must then notify the fee rates and, if applicable, any discounts on them, to the independent supervisory authority, the French Transport Ministry and to the French Competition, Consumer Affairs and Consumer Protection Authority, at least two months before the start of each fee period. Finally, the tariffs enter into force one month from their publication unless this is opposed by the independent supervisory body (to which the French authority for competition, consumer affairs and consumer protection submits a reasoned opinion), within one month following the receipt of the notification. In the event of opposition, Aéroports de Paris has the option, within one month from the notification of opposition from the Autorité de supervision indépendante (ASI, Independent Supervisory Authority) to submit a new proposal. The regulatory authority then has 21 days to approve this new. The ERA provides for certain mechanisms that allow the following to be taken into account during the course of implementation of the contract period: the creation of new fees, transfers between fee categories, the creation of new services or the inclusion of new costs that were not foreseen at the time the contract was signed. Changes in fee levels DETERMINATION OF THE PRICING SCHEDULES APPLICABLE UNDER THE TERMS OF THE 2016-2020 ERA The 2016-2020 ERA covers five pricing periods, the first from 1 April 2016 to 31 March 2017 and the remaining four starting on 1 April and ending on 31 March of the following year.

Chapter 9)”. Airport fees for 2018 stood at €1,115 million (€1,055 million in 2017), accounting for 24.9% of Groupe ADP’s revenue 1 . Ancillary fees The main ancillary fees, the pricing of which is governed by the Economic Regulation Agreement (ERA), include the fee for the provision of check-in counters and local baggage handling facilities, the fee for the provision of connecting baggage sorting facilities, the fee for the provision of de- icing infrastructure, the fee for the provision of fixed electrical power infrastructure for aircraft, and the computerised check-in and boarding fee (Crews system): ◆ the fee for providing check-in counters, boarding facilities, and local baggage handling facilities comprises a fixed portion, based on the number of counters used, and a variable portion based on the number of non-connecting passengers checked in, and which varies according to the type of destination. Income from this fee amounted to €90 million in 2018; ◆ the fee for providing connecting baggage sorting facilities is based on the number of connecting passengers. The fee, which was created on 1 April 2016, replaces the fees charged in terminal 1 and terminal 2 and the leases for sorting facilities for baggage in transit at Paris-Charles de Gaulle. Income from this fee amounted to €44 million in 2018; ◆ the fee for providing aircraft de-icing infrastructure varies according to the size of the aircraft and is made up of a fixed portion based on the number of landings made over the season in question, and a variable portion based on the number of de-icing operations. This fee is charged at Paris-Charles de Gaulle airport, where the service is provided by Aéroports de Paris. Income from this fee amounted to €24 million in 2018; ◆ the fee for provision of electrical power infrastructures of 400 Hz for aircraft is based on the electrical power supply to the parking stand (400 Hz or 50 Hz), and its energy requirement category, depending on its carrier’s technical equipment (number of sockets); ◆ the computerised check-in and boarding fee (Crews system) is based on the number of passengers departing from equipped terminals or parts of terminals, differentiating between non-connecting passengers and connecting passengers. Only increases to the fees for assisting disabled and mobility-impaired persons at Paris-Orly and Paris-Charles de Gaulle are uncapped. They amounted to €62 million in 2018. The income from these feesis presented as revenue in the consolidated financial statements under the item “Ancillary fees”. The fees amounted to €239 million in 2018 (€230 million in 2017), which represented 5.3% of Groupe ADP’s revenue 2 . 2016-2020 Economic Regulation Agreement The ERA covering the five year 2016-2020 period was signed by the French government and Aéroports de Paris on 31 August 2015. The document is available at www.groupeadp.fr. The ERA applies to tariffs from 1 st April 2016. The 2016-2020 ERA is in line with the regulatory framework defined by the Decree of 16 September 2005 relating to fees for services provided at airports as amended by the Decree dated 17 December 2009.

1 Before intersegment eliminations. 2 Before intersegment eliminations.

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AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018