Compagnie des Alpes // 2020 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

Note 3

Organisational structure of the Compagnie des Alpes Group

COMPAGNIE DES ALPES

100 %

CDA DOMAINES SKIABLES

99 %

1 %

CDA FINANCEMENT

100 %

100 %

CDA PRODUCTIONS

GRÉVIN & Cie

100 %

100 %

100 %

CDA MANAGEMENT

98.05 %

95.88 %

100 %

CDA BRANDS

MERIBEL ALPINA

MUSÉE GRÉVIN

STVI

SAP

100 %

INGELO

97.36 %

80.95 %

100 %

100 %

100 %

FRANCE MINIATURE

HH HOLDING

ADS

GMDS

VALBUS

100 %

100 %

100 %

99.97 %

LOISIRS RE

98.25 %

100 %

DEUXALPES LOISIRS

WALIBI WORLD

AVENIR LAND

SNC BATIMENTS DE SERVICE

SAG

100 %

CDA Beijing

100 %

100 %

100 %

WALIBI HOLLAND

SC2A

CDA DL

77.78 %

STGM

SAS TRAVEL- FACTORY

84.19 %

37.49 %

100 %

PIERRE & NEIGE

100 %

WALIBI HOLIDAY PARK

94.9%

5.1 %

CMB

FAMILYPARK

81.62 %

SEVABEL

65 %

SAS SIMPLY TO SKI

20 %

45.55 %

100 %

CMB RESTAURATION

SERMA

FUTUROSCOPE

100 %

100 %

SCIVABEL

BELPARK

100 %

TFI

20 %

SA FUTUROSCOPE DESTINATIONS FUTUROSCOPE MAINT & DVLPT

DSV

100 %

SCV DOMAINE SKIABLE

LHSG

PREMIER FINANCIAL SERVICES

100 %

100 %

72.5 %

100 %

SAS DJAY

20 %

DSR

100 %

100 %

SRMM (Megève)

100 %

IMMOFLOR

54.83%

SKILINE SPRL

100 %

BY GRÉVIN

Ski areas Leisure parks Holdings and Supports

100 %

SNOWTIME

100 %

GRÉVIN MONTRÉAL

Compagnie des Alpes holds 97.89% of double voting rights for Musée Grévin. The percentages indicated above correspond to the percentage of capital held.

Note 4

Scope of consolidation

4.1 CHANGES IN SCOPE DURING THE YEAR l On 27 August 2020, the Travelfactory sub-group acquired 100% of the share capital of Snowtime, a Dutch tour operator, for an amount of €0.3 million, generating a first consolidation difference of €0.8 million.

l As a reminder, in the first half of 2019, the Group acquired Familypark, which operates a park in Austria, on 20 March 2019. This company is included in the scope of consolidation as of 30 September 2019, but only the business of the second half of 2018/2019 has been taken into account. The difference on initial consolidation was definitively allocated as of 31 March 2020, within the period of 12 months following the acquisition date (see Note 6.1).

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Compagnie des Alpes I 2020 Universal registration document