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

Partnership with Royal Schiphol Group To anticipate future challenges in the air transport sector, Aéroports de Paris and NV Luchthaven Schiphol (Royal Schiphol Group), which is the operator for Amsterdam Schiphol airport, created a long-term industrial cooperation and cross-equity investment agreement for 8% of the share capital at end 2008, which created a leading alliance in the global airport industry. This industrial cooperation agreement between two of Europe’s leading airport groups for an initial duration of 12 years represents a strategic move that is 2 generating significant mutual benefits for both companies in several core areas of business. The alliance has been named “Hublink”. In 2018, Schipol Group achieved an increase in revenue of 3.5%, at €1,509 million. The net income attributable to the group was €278 million, down by 0.4%. Strategic motivations For aviation activities, the goal of the Hublink alliance is to: ◆ improve the competitiveness of the two groups through the consolidation of a dual hub which is a requirement to handle the competition from other hubs, notably in the Middle East; ◆ enhance the attractiveness of both groups through greater harmonisation of the layout and signalling at their terminals, and by the coordinated improvement of their passenger processes (check-in, information, and security); ◆ reinforce the relationship of the two groups with their largest customers, including the Air France-KLM Group; ◆ optimise their operational efficiency and reduce purchasing expenditure notably through volume pooling of some purchasing. For non-aviation activities, the objective is to step up growth in retail, innovation and the digital airport thanks to the exchange of know-how (experiments, projects under way and recently completed projects to find synergies). With respect to international development, Groupe ADP and Schiphol Group are continuing to share information on future international development opportunities and have adopted a coordinated approach for their future growth. The two groups also intend to become front-runners in sustainable development, by combining their efforts to improve energy efficiency, developing the use of renewable energy, and reducing greenhouse gas emissions. Representation in the corporate bodies of the two companies Edward Arkwright, the Chief Executive Director of Groupe ADP in charge of Development, Engineering and Transformation is one of the eight members of the Schiphol Group’s Supervisory Board. Jos Nijhuis and Jabine van der Meijs, respectively, Chief Executive Officer and Chief Financial Officer of Royal Schiphol Group, have been appointed members of the Board of Directors of Aéroports de Paris 1 . M. Dick BENSCHOP, who is the new Chief Executive Officer of Royal Schiphol Group, will soon replace M. NIJHUIS. Specific bodies of the alliance The industrial cooperation agreement currently uses a simplified governance structure that is focused on efficiency: a number of priority areas of cooperation are defined annually by the ICC – Industrial Cooperation Committee, which is the monitoring body for projects carried out as part of the alliance.

Achievements The alliance between Aéroports de Paris and Royal Schiphol Group provides many benefits to both groups, in very diverse areas. Their respective teams work together on a regular basis on initiatives and joint projects and to discuss operational issues. The cooperation programme, led by the PMO (Program Management Office) of each group, aims to encourage exchanges and strengthen synergies between the two groups. For instance, the handling of flights between Paris and Amsterdam has been improved by the introduction of dedicated waiting lines at the security check, and by broadcasting information in both languages at the gate. 2018 saw the continuation of the projects already launched and the development of shared initiatives: ◆ in the area of purchasing, shared consultations can be organised; similarly, and more generally, the coordination of purchasing strategies for both groups, linked to the operational services, with the aim of identifying new shared purchasing opportunities for the future continues and was subject to regular discussions between the teams; ◆ as a reminder, in the area of human resources, an employee exchange system between Groupe ADP and Schiphol was developed in 2011 to promote the sharing of specific skills and know-how in each of the two companies and strengthen cooperation between the teams. In 2018, several short missions (3-6 months) were organised, in both directions (Schiphol employees at Groupe ADP and vice versa). Workshops and exchanges of know-how between Groupe ADP management and their peers were held on a regular basis to activate or strengthen synergies. Among the teams involved were operations, legal, programmes and security. Six priority areas of cooperation already identified to be the greatest value creators for HubLink were retained for 2018: the challenges of the digital airport, international, operations, purchasing, innovation and human resources. Furthermore, in July 2017, Aéroports de Paris and Schiphol Group renewed a four year cooperation agreement with Incheon International Airport Corporation, the operator of Seoul’s main airport, for a second time. This partnership, which does not include the acquisition of holdings, consists essentially of the exchange of information and fosters the exchange of best practices. Planned SDA Retail (Zagreb) On 1 December 2014, Aéroports de Paris and Lagardère Duty Free, through their joint venture, Société de Distribution Aéroportuaire, acquired 100% of the share capital and voting rights of MZLZ – Trgovina d.o.o. (the subsidiary managing the retail spaces at Zagreb airport in Croatia), renamed SDA Retail. SDA Retail’s purpose is to operate shops at Zagreb airport for 15 years, and to exclusively market the main product categories listed below: ◆ the operation of two shops in the current terminal since 1 December 2014: a 600 sq.m. main airside Duty Free shop and a 47 sq.m. landside souvenir shop; then ◆ the operation, as of 2017, of the retail spaces in the new terminal, with a total capacity of 5 million passengers (versus 2 million passengers currently). Since April 2017, SDA operates a new commercial shopping area in the new terminal (walkthrough) of 619 m 2 dedicated to the sell of perfumes/ comestics, alcohol, tobacco, gourmet food, and local products. alcohol, perfumes/cosmetics, tobacco and gourmet food. The operation of the retail space takes place in two phases:

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1 See Chapter 14 “Administration and executive management bodies”.

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AÉROPORTS DE PARIS ® REGISTRATION DOCUMENT 2018