Nanterre, 16 December 2025 VINCI Autoroutes and VINCI Airports traffic in November 2025 I- Change in VINCI Autoroutes’ intercity networks traffic NovemberYTD at the end of November (11 months) % change 2025/2024% change 2025/2024VINCI Autoroutes−3.4%+1.1% Light vehicles−3.7%+1.2% Heavy vehicles<td style="width:26. ...

Core Insights - VINCI Autoroutes and VINCI Airports reported solid traffic growth in October 2025, with VINCI Autoroutes seeing an increase of 1.9% and VINCI Airports experiencing a rise of 3.9% in passenger traffic compared to October 2024 [2][4][5][6]. VINCI Autoroutes Traffic Summary - Traffic at VINCI Autoroutes grew by 1.9% in October 2025, primarily driven by light vehicles, which increased by 2.2% [2][4]. - Year-to-date (YTD) traffic at the end of October 2025 showed an overall increase of 1.4%, with light vehicles up by 1.6% and heavy vehicles up by 0.7% [2][4]. VINCI Airports Passenger Traffic Summary - VINCI Airports recorded a 3.9% increase in passenger traffic for October 2025, continuing a positive trend from the third quarter [5][6]. - Year-to-date passenger traffic at the end of October 2025 increased by 5.4%, with notable growth in several regions, including: - Portugal (ANA): +4.6% - United Kingdom: +0.9% - France: +1.1% - Serbia: +7.9% - Hungary: +12% - Mexico (OMA): +8.9% - Japan (Kansai Airports): +8.5% - Cambodia (Cambodia Airports): +9.3% - Cabo Verde: +14% [5][6][7]. - However, there were declines in passenger traffic in the United States (-13%) and the Dominican Republic (-8.8%) [5][6].

Core Insights - VINCI reported a consolidated revenue increase of 3.7% to €54.3 billion for the first nine months of 2025, with organic growth of 2.0% and a positive impact from changes in scope of 2.5% [4][5][6] - The order book reached €70.6 billion, up 6% year-on-year, indicating strong business activity and a renewal rate across all business lines [8][38] - The company confirmed its guidance for 2025, expecting continued revenue and earnings growth despite an increase in corporate tax rates in France [24][56] Revenue and Key Indicators - Concessions revenue increased by 5.4% to €9.4 billion, driven by growth in VINCI Airports and VINCI Autoroutes [2][9] - Energy Solutions revenue rose by 6.7% to €20.7 billion, with significant contributions from international markets [11][12] - Construction revenue was slightly up by 0.8% to €24.5 billion, with VINCI Construction showing a 0.9% increase [15][16] Order Intake and Book - Order intake for the first nine months of 2025 was €46.9 billion, a decrease of 3% compared to the previous year, but showed a 4% increase in the third quarter [6][37] - The order book at the end of September 2025 represented 14 months of average business activity, with international business comprising 70% of the total [8][38] Financial Position - VINCI's net financial debt decreased to €21.4 billion, down €0.8 billion year-on-year, reflecting a strong liquidity position [19] - The company maintained stable credit ratings from Standard & Poor's and Moody's, indicating confidence in its financial health [19] Recent Developments - VINCI Energies completed 25 acquisitions in the first nine months of 2025, contributing over €400 million in revenue, primarily in Germany [20][21] - Key contracts won include projects in energy transition and infrastructure, enhancing VINCI's market position [21][23] Outlook - The company anticipates continued growth in revenue and earnings for 2025, with specific expectations for each business line [24][29] - VINCI expects to increase renewable electricity capacity to around 5 GW by the end of 2025 [29]

Traffic Performance of VINCI Autoroutes - In August 2025, light vehicle traffic increased by 0.7% compared to August 2024, while heavy vehicle traffic decreased by 1.6% due to one fewer working day [4] - For the year-to-date (YTD) ending August 2025, overall traffic rose by 1.7%, with light vehicles up by 1.9% and heavy vehicles up by 0.3%, despite having three fewer working days than in 2024 [2][4] Traffic Performance of VINCI Airports - VINCI Airports experienced a 5.2% increase in passenger traffic in August 2025 compared to August 2024, contributing to a 4.6% increase over the summer period (July-August) [5][6] - Year-to-date passenger traffic at VINCI Airports rose by 5.8% by the end of August 2025, with notable increases in various regions, including a 15% rise in Japan and 11% in Cabo Verde [5][7] - The United States saw a significant decline in passenger traffic, with a decrease of 12% in August 2025 compared to the previous year [5]

Traffic Performance Summary - VINCI Autoroutes reported a 1.0% increase in light vehicle traffic and a 0.4% increase in heavy vehicle traffic in July 2025 compared to July 2024, despite having one fewer working day [2][4] - Year-to-date (YTD) traffic for VINCI Autoroutes increased by 2.0%, with light vehicles up by 2.2% and heavy vehicles up by 0.5%, despite two fewer working days than in 2024 [2][4] VINCI Airports Passenger Traffic - VINCI Airports experienced a 3.6% increase in passenger traffic in July 2025 compared to July 2024, with a YTD increase of 5.9% [5] - Notable increases in passenger traffic were observed in several regions, including: - Portugal (ANA): +5.2% in July, +4.9% YTD - Mexico (OMA): +7.7% in July, +10% YTD - Cambodia (Cambodia Airports): +12% in July, +18% YTD - Cabo Verde: +17% in July, +18% YTD - Conversely, the United States saw a decline of 10% in July and 3.6% YTD, while the Dominican Republic experienced a decline of 8.8% in July and 12% YTD [5] VINCI Airports Commercial Movements - VINCI Airports reported a 4.4% increase in commercial movements (ATM) in July 2025 compared to July 2024, with a YTD increase of 6.2% [7] - Significant growth in commercial movements was noted in: - Cambodia (Cambodia Airports): +15% in July, +17% YTD - Cabo Verde: +22% in both July and YTD - Mexico (OMA): +7.8% in July, +9.9% YTD - The United States showed a 2.8% increase in July, but a substantial 25% increase YTD [7]

Core Insights - VINCI has published its 2025 half-year financial report and submitted it to the French financial markets' regulator [2] - The report is accessible in both English and French on VINCI's official website [2] Company Overview - VINCI is a global leader in concessions, energy solutions, and construction, employing 285,000 people across more than 120 countries [3] - The company focuses on designing, financing, building, and operating infrastructure and facilities that enhance daily life and mobility [3] - VINCI is committed to environmentally and socially responsible operations, aiming to create long-term value for customers, shareholders, employees, partners, and society [3]

Core Insights - VINCI reported a revenue increase of 3.2% in the first half of 2025, reaching €34.9 billion, driven by growth in Concessions and Energy Solutions [2][4][15] - EBITDA rose by 8.0% to €6.1 billion, with an EBITDA margin of 17.6%, reflecting improved operating earnings across all business lines [2][21] - Net income attributable to owners of the parent decreased by 5.0% to €1.9 billion, impacted by a significant increase in corporate income tax in France [2][3][22] Financial Performance - Revenue growth was primarily driven by Concessions (up 8%) and Energy Solutions (up 6%) [4][16] - Operating income from ordinary activities (EBIT) increased by 6.9% to €4.1 billion, with a margin of 11.9% [2][22] - Free cash flow was slightly positive at €46 million, down from €361 million in the first half of 2024 [2][26] Business Segments - Concessions generated €5.7 billion in revenue, up 7.7%, with VINCI Autoroutes and VINCI Airports showing strong performance [16][25] - Energy Solutions revenue reached €13.7 billion, up 6.2%, with significant contributions from international markets [16][17] - Construction revenue slightly declined by 0.8% to €15.7 billion, reflecting varying market conditions [21][24] Order Intake and Book - Order intake totaled €31.9 billion, down €2 billion compared to the first half of 2024, but remained higher than revenue for Energy Solutions and VINCI Construction [30][31] - The order book grew to €71.3 billion, a 6% increase year-on-year, indicating strong future business activity [32] Market Trends and Acquisitions - VINCI Airports experienced a 6.4% increase in passenger numbers, with notable growth in Japan, Mexico, and Budapest [28][29] - The integration of recent acquisitions in airports and highways was efficient, contributing to overall growth [6][12] - VINCI Energies completed 16 acquisitions in the first half of 2025, enhancing its market presence and expertise [48][56] Governance and Leadership - The Board of Directors confirmed the separation of the roles of Chairman and CEO, with Xavier Huillard as Chairman and Pierre Anjolras as CEO [4][41] - New executive appointments were made to strengthen leadership in key areas, including VINCI Autoroutes and VINCI Airports [42][43] Future Outlook - VINCI confirmed its guidance for 2025, expecting continued revenue and earnings growth despite macroeconomic uncertainties [37][40] - The company anticipates stable operating margins in Energy Solutions and further growth in renewable electricity capacity [40]

Core Insights - VINCI has published its "Toolbox VINCI Concessions" on its website, aimed primarily at investors, summarizing key financial and operational data [1] - VINCI is a global leader in concessions, energy solutions, and construction, employing 285,000 people across more than 120 countries [1] - The company focuses on designing, financing, building, and operating infrastructure and facilities that enhance daily life and mobility [1] - VINCI is committed to environmentally and socially responsible operations, aiming to create long-term value for customers, shareholders, employees, partners, and society [1] Company Overview - VINCI operates in the sectors of concessions, energy solutions, and construction [1] - The company emphasizes all-round performance beyond just economic and financial results [1] - VINCI engages with stakeholders and values dialogue as essential to its business activities [1] Operational Focus - The publication includes information about VINCI Airports' network and the main companies under VINCI Highways [3]

Group 1: VINCI Autoroutes Traffic - VINCI Autoroutes experienced a decline in May traffic by 3.3% compared to the same month in 2024, with light vehicles down by 3.7% and heavy vehicles down by 0.8% [2] - The year-to-date (YTD) traffic at the end of May shows an increase of 1.2% for both light and heavy vehicles [3] - The decline in May traffic is attributed to calendar effects, particularly the timing of the Ascension and Pentecost weekends [2] Group 2: VINCI Airports Passenger Traffic - VINCI Airports reported a 5.3% increase in passenger traffic in May 2025 compared to May 2024, with a YTD increase of 6.7% [4] - Notable growth in passenger traffic was observed in airports in Portugal (+5.8%), Japan (+13%), Mexico (+7.3%), and Hungary (+16%) [4] - Some regions experienced declines, such as the United States (-4.7%) and the Dominican Republic (-16%) [4] Group 3: VINCI Airports Commercial Movements - VINCI Airports saw a 5.5% increase in commercial movements year-to-date at the end of May, with a 6.5% increase overall [6] - The United States recorded a significant increase in commercial movements by 26% YTD, while the Dominican Republic saw a decline of 19% [6] - Other regions like Brazil (+8.9%) and Cambodia (+7.8%) also showed positive growth in commercial movements [6]

Group 1: VINCI Autoroutes Traffic - In April 2025, traffic across all vehicle categories on VINCI Autoroutes increased by 3.9% compared to April 2024, with light vehicles rising by 4.8% and heavy vehicles decreasing by 1.1% [2] - Year-to-date traffic at the end of April 2025 showed an overall increase of 2.6%, with light vehicles up by 2.9% and heavy vehicles up by 0.9% [3] Group 2: VINCI Airports Passenger Traffic - VINCI Airports experienced a significant increase in passenger traffic in April 2025, with an overall rise of 9.4% compared to April 2024, and a year-to-date increase of 7.1% [4] - Notable increases in passenger traffic were observed in several countries, including Hungary (+20%), Mexico (+19%), and Japan (+15%) [4] Group 3: VINCI Airports Commercial Movements - Commercial movements at VINCI Airports rose by 8.1% in April 2025 compared to April 2024, with a year-to-date increase of 6.8% [6] - The United States saw a remarkable increase in commercial movements, up by 36% in April 2025 [6]