Compagnie des Alpes // 2020 Universal Registration Document

4 STATEMENT OF NON-FINANCIAL PERFORMANCE Environmental challenges

CHANGE IN TOTAL GREENHOUSE GAS EMISSIONS (TEQ. CO 2 )

2019/2020

2016/2017

2017/2018

2018/2019

Total GHG emissions Difference N – N-1

34,842

32,415 (2,427)

32,252

26,218 (6,034)

(163)

REASON FOR THE DIFFERENCE IN THE GROUP’S GHG EMISSIONS (TEQ. CO 2 )

(6,034)

Reason for the difference in GHG emissions 2019/2020 – 2018/2019 in teq. CO 2

(4,960)

Scope 1 (3,099)

of which decrease in fossil fuel consumption at the Ski areas (mainly due to the closure of operations in mid-March, i.e. a little less than a third of the operating period). of which decrease in fuel and fossil gas consumption at the Leisure parks (mainly due to the closure of operations in spring 2020)

(1,893)

101

Integration of Familypark for the first year

(69)

of which other cumulative effects

(1,074)

Scope 2 (340)

of which estimate related to the use of more green electricity at Futuroscope from January 2020

(718)

of which decrease in electricity consumption at Leisure parks in Belgium and the Netherlands (mainly due to the closure of operations in spring 2020)

(16)

of which other non-material cumulative effects

4.3.2.3.2 Direct greenhouse gas emissions per visitor and per euro of revenue Intensity per visitor or skier-day Customers who come to our sites have a complete experience, made up of several products and services (ski lifts, grooming, attractions, catering, aquatic areas). It is therefore relevant to look at performance indicators that may include all the impacts related to customer traffic, which is the most determining factor of our energy consumption, excluding exceptional operating periods as experienced in 2019/2020. We have therefore examined per-visitor energy consumption and emissions: skier-day and summer visitors for the Ski areas and visitors to the Leisure parks. l The total emission of the Group’s Ski areas is 1.21 kg of equivalent CO 2 per skier-day, which is the equivalent of a nine-kilometre journey in a car (based on 130 g of CO 2 /km).

The slight fluctuation compared to last year (1.19 kg eq. CO 2 per skier-day) is largely due to operating conditions linked to the pandemic. Basically, electricity consumption decreases less than the number of skier-days because artificial snow is produced at the beginning of the season, before the sites close in March 2020. The consumption of fossil fuels has fallen slightly less than the number of skier-days, due to the fact that there are generally fewer skier- days at the end of the season, while the use of grooming remains stable. l Similarly, total GHG emissions from the Leisure parks’ activities is 2.31 kg equivalent CO 2 per visitor, this time equivalent to a 17-kilometre car journey (based on 130 g of CO 2 /km). The strong increase compared to last year (1.7 kg eq. CO 2 per visitor) is due to the fact that attendance has fallen by around twice the energy consumed by the Leisure parks. In fact, when they were open to the public, almost all of the leisure activities were available to visitors, however much less numerous.

INTENSITY PER EURO OF REVENUE

2019/2020

2016/2017

2017/2018 2018/2019

Intensity of direct GHG emissions per thousand euros of revenue, market-based (K eq. CO 2 /€K)

45.7

40.5

37.8

42.6

4.3.2.4 Indirect environmental footprint performance (Scope 3) The Group has not carried out an exhaustive carbon assessment of its indirect footprint (Scope 3), and is based on an extrapolation of data from several subsidiaries that have produced a carbon assessment. This approximate vision will be supplemented over the years. We currently know the consumption figures for Group vehicles, for commuting journeys of fleet cars, for example. However these figures are not material for Scope 3 which covers the use of our products and services, our purchases and the transport thereof.

Ski areas According to a Bilan Carbone exercise conducted in 2010 by 10 French ski resorts, more than 80% of the greenhouse gas emissions generated by ski activities, and recorded at the resorts, is from the skiers’ journey to the site and energy consumption in the buildings (tourism-related residential buildings and tertiary sites). The ski-operator related GHG emissions are estimated to account for 2% of a resort’s total emissions. In 2020, ADS, a subsidiary operating the Les Arcs-Peisey-Vallandry and Villaroger ski areas, carried out a carbon assessment with the help of Ecoact based on the data for 2018/2019. The following orders of magnitude emerge: l the Ski area operator’s activity only accounts for 20% of total greenhouse gas emissions, amounting to around 10 Kteq. CO 2 with fixed and mobile energy sources accounting for around 40%,

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Compagnie des Alpes I 2020 Universal registration document