Compagnie des Alpes // 2020 Universal Registration Document

4 STATEMENT OF NON-FINANCIAL PERFORMANCE Environmental challenges

On-site renewable energy production We have a large number of projects (solar panels, wind turbines, cogeneration and hydroelectricity) for producing renewable or high- performance energy at our sites. l Specifically, our Serre Chevalier site will be the first ski resort to produce its own electricity from a combination of all three renewable energies. This project, which has now been launched, will produce 4.5 GWh of renewable electricity each year, 80% by hydraulic power, 12% by solar panels and 8% through a high-altitude micro wind turbine. Partially commissioned in 2018, to be in full service in 2021, it aims to produce 30% of the subsidiary’s total electricity consumption. Using existing infrastructures to effectively support renewable energies, this €3.6 million investment positions the Serre Chevalier Ski Area as a key energy transition player in the region. The installation of photovoltaic panels on the roofs of the resort’s facilities (ski lift stations, commercial buildings, etc.) continued in 2019/2020, and a second wind turbine was installed. This programme is now a technical and industrial innovations lab. Thus, the stations of the brand new Eychauda chairlift were fitted with flexible solar panels at the manufacturer’s factory. l The solar panel part of this pilot project has been replicated at all CDA Group Ski areas: each new project considers the feasibility at the specifications stage and a retrofit is planned for all facilities which present the most potential. For example, Les Arcs installed solar panels at two ski lift stations in the summer of 2019. In addition, some sites produce a portion of renewable energy on site: l the new Quai de Lutèce hotel at Parc Astérix is self-sufficient in the production of hot water with solar panels; l Walibi Belgium has installed photovoltaic panels on the roofs of three buildings since 2013; l finally, all the Gazex systems at Samoëns and Serre Chevalier, for example, are self-powered by solar panels. A total of 526 kW of renewable energy production capacity is installed on sites, i.e. 360 MWh of renewable electricity produced during the year (approximately the annual electricity consumption of Chaplin’s World). 4.3.2.3 Direct carbon footprint 4.3.2.3.1 Breakdown of direct greenhouse gas (GHG) emissions – Scopes 1 and 2 Emissions have been calculated for Scopes 1 and 2. The bulk of greenhouse gas emissions (57%) are due to the direct consumption of fossil fuels (diesel, non-road diesel, fuel oil and petrol), primarily for grooming and other vehicles as mentioned above, followed by natural gas for heating or cogeneration (26%).

Although electricity is the Group’s main energy source (65%), related emissions are only 14% of our total greenhouse gas emissions because we use renewable energy (market-based vision), and it is consumed in France where the emission factor is low. Emissions of coolants (2.8% of total emissions) only relate to the cooling systems of some computer rooms as well as the cold storage rooms of Leisure parks. These circuits are checked every year by qualified contractors and some are recharged.

BREAKDOWN OF GHG EMISSIONS (TEQ. CO 2 ) – SCOPE 1 AND SCOPE 2 (MARKET BASED)

2.8 % Coolants

0.9 % Municipal systems

13.6 % Electricity

52 % Diesel and non-road diesel

26 % Fossil gases

2.9 % Fuel oil

1.7 % Petrol

The Group’s greenhouse gas emissions, detailed in the table in section 4.3.6, totalled 26,218 tonnes equivalent of CO 2 , of which 52% for the Ski areas and 48% for the Leisure parks in the 2019/2020 fiscal year. More specifically: l the figures are established in accordance with Article 75 of Act 2010- 788 of 12 July 2010 (the Grenelle II Act) and using the emission factors of version 8 of the Bilan Carbone (carbon assessment), which incorporates the updates of version 13.0 of the Base Carbone (carbon benchmark); l because the Group does not yet publish Scope 3 emissions, our direct emission calculations take account of all the emission factors, including upstream stations, combustion and transport; l for information, we also include the fuel consumption of all Group vehicles and some, but not all, of the fuel expenses for business trips; l a reduction of 6,034 teq. CO 2 compared to the previous year, is mainly due to the prolonged shutdown of operations due to the Covid-19 pandemic.

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Compagnie des Alpes I 2020 Universal registration document

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