Compagnie des Alpes // 2020 Universal Registration Document

6 SHARE CAPITAL AND SHAREHOLDING Disclosure policy

6.4 Disclosure policy

These personalised interactions are made so as to fully comply with the rules promoting equal access to information. The Compagnie des Alpes share is also routinely monitored by six leading analyst firms. To step up its communication actions, the Company set up a new space for its shareholders: https://espace-actionnaires.compagniedesalpes. com/. This move is part and parcel of the Company’s efforts to ensure, to the utmost extent, free-flowing and transparent communication of information to its shareholders.

Compagnie des Alpes endeavours to disseminate financial information that is comprehensive, true, fair and transparent. Disclosure of financial information is governed by laws and regulations that require all listed companies to provide a complete, accurate, true and fair view of their financial position. Compagnie des Alpes makes a variety of periodical and permanent publications available to the public, participates in individual and institutional Shareholder Meetings, and responds promptly to all shareholder and investor requests.

6.4.1 DOCUMENTS MADE AVAILABLE TO THE PUBLIC Compagnie des Alpes makes the disclosures and documents required by the regulations, and in particular regulated information, available to the public in French and/or English: l Universal Registration Document/annual financial report; l half-year financial report; l quarterly revenue;

The Company also makes the by-laws, the Corporate Governance Charter and other documents available to the public, such as: l an illustrated brochure on the Group and its activities; l a newsletter sent to all members of the Shareholders’ Club and to those who request it; l the Shareholders’ Club guide. These documents and information are available upon request from Group headquarters or may be read and downloaded in their complete versions from the Group website: www.compagniedesalpes.com.

l press releases, which are published by the approved publishing service provider EchosWire, in accordance with the European Union Transparency Directive; l notes of any corporate-finance transactions filed with the AMF.

6.4.2 PRESS RELEASES

The following information has been published since 1 October 2019: 19 October 2019 FY 2018/2019 revenue: +6.6%. Good season for Ski areas and very dynamic sales for Leisure parks. l Ski areas: Good season for all of the Group’s ski areas; 4 th consecutive season with increased skier-days. l Leisure parks: very good season thanks to strong organic growth in the 4 th quarter and the acquisition of Familypark. 10 December 2019 Full-year results for 2018/19: very good business and results. l Revenue up 6.6%, or +4.2% on a comparable scope. l Operating margin targets achieved. l EBITDA margin for ski areas: 37.3% of revenue. l EBITDA margin for leisure destinations (excluding Futuroscope): 28.2% of revenue. l Net income (Group share) at a record €62.2 million. l Proposed dividend of €0.70 per share. 23 January 2020 Q1 FY 2019/2020: Revenue up by +13.2% and good performance in the two activities of the Group. l Ski areas: Good 1 st quarter, accentuated by a positive calendar effect.

l Leisure parks: a particularly dynamic 1 st quarter. l Holdings and supports: travelfactory on the rise. 28 January 2020

The municipalities of Les 2 Alpes and Saint Christophe en Oisans have announced that they will be submitting to their municipal councils the choice of a new operator for the future management of the ski area. 13 March 2020 Situation, to date, regarding Covid-19 and its consequences. 16 March 2020 Situation, to date, regarding Covid-19 and its consequences. 30 March 2020 Impacts of Covid-19 on Group businesses. 23 April 2020 H1 FY 2019/2020: Business down as a result of the first consequences of Covid-19. l Ski areas: a satisfactory season until the early closure of the areas. l Leisure parks: a good first half but the rest of the season on hold. l Holdings and supports: business also affected by Covid-19. l End of the year and measures related to Covid-19. 26 May 2020 1 st half 2019/2020 l A half affected by the closure of all sites in mid-March, as a result of the Covid-19 epidemic.

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Compagnie des Alpes I 2020 Universal registration document