Aéroports de Paris SA - French Competition Authority decision

PRESS RELEASE

Paris, September 11^th, 2023

French Competition Authority decision: Groupe ADP reaction

Groupe ADP takes note of the French Competition Authority's decision authorizing the creation of a full-function joint venture - Extime Food & Beverage Paris - jointly controlled by Aéroports de Paris and Select Service Partner, dedicated to the management of food and beverage points of sales at Paris-Charles de Gaulle and Paris-Orly airports.

"We are delighted with the favorable outcome of our discussions with the French Competition Authority. This new step will enable Extime Food & Beverage Paris to build a strong portfolio of foodservice brands, in line not only with current consumer expectations but also with the quality standards expressed by Groupe ADP through its new retail and hospitality brand, Extime", underlines Mathieu Daubert, Chief Customer Officer of Groupe ADP.

"We are extremely satisfied with the favorable outcome of our discussions with the French Competition Authority. The creation of a joint venture, Extime Food & Beverage, in partnership with Groupe ADP, constitutes a major turning point for our company and for travelers at Paris-Charles de Gaulle and Paris-Orly airports. This new entity will enable us to rethink and enrich our Food & Beverage offering, proposing an upscale and diversified culinary experience that will appeal to the most demanding passengers. In this way, we are not just growing our business; we are helping to make the Paris travel experience even more memorable and rewarding.", said Gérard d'Onofrio, Managing Director of SSP France, Belgium and Luxembourg.

A reminder of the facts

On March 22, 2021, Aéroports de Paris launched a call for tenders with publication in the Official Journal of the European Union, to select an industrial partner to create a joint venture dedicated to the management of restaurant points of sales at Paris-Charles de Gaulle and Paris-Orly airports, for a period of ten years. Following this tender, Select Service Partner (SSP) was selected as the industrial partner to acquire 50% of the capital and voting rights of Extime Food & Beverage Paris.

In line with merger control regulations, Aéroports de Paris and SSP jointly notified the French Competition Authority of their plans to create this joint venture. During the investigation of the notified transaction, the French Competition Authority opened an in-depth analysis phase¹. At the end of this last phase, the French Competition Authority issued, on August 4, 2023, a favorable decision unconditionally authorizing implementation of the notified transaction.