Compagnie des Alpes // 2020 Universal Registration Document

3 REPORT ON CORPORATE GOVERNANCE

Composition of administrative and management bodies

3.1.2 EXECUTIVE MANAGEMENT

period. After 1 June, it is planned that Dominique Marcel will assume the non-executive chairmanship of the Board of Directors in order to ensure continuity in the Group’s development. Dominique Thillaud began his career in consulting and investment banking before joining the SNCF group where he worked for eight years, first as Head of Investments and Development, then as Chief Executive Officer of SNCF Participations and Head of SNCF Group strategy. Since September 2012, he has been Chairman of the Management Board of the Aéroports de la Côte d’Azur Group, where he has supported its transformation and development, both in France and internationally. Moreover, to meet its strategic demands, the Group’s management has been divided into business functions: operational departments, covering the Group’s two main businesses, are responsible for interdisciplinary management, while other operational departments are responsible for managing the operating performance of the sites and the application of Group policies. All the managers in charge of these departments are members of the Group’s Executive Committee. The Executive Committee supports the Chairman and Chief Executive Officer with the implementation of the strategy defined by the Board of Directors and the operational management of the Group. It generally meets once a week.

Since March 2009, the Chairman is responsible for the Executive Management of the Company. After being appointed Deputy Chief Executive Officer between 28 January 2013 and 15 October 2018, the Chairman and Chief Executive Officer appointed a Deputy Managing Director who was not a corporate officer on 4 November 2019, Loïc Bonhoure. He is, more specifically, in charge of strategy, development and mergers & acquisitions. At its meeting of 28 January 2021, the Board of Directors confirmed its intention to separate the functions of Chairman of the Board of Directors and Chief Executive Officer. In this context, the Company has announced that the Group’s Executive Management will be entrusted to Dominique Thillaud from 1 June 2021. The latter will be supported by Loïc Bonhoure, currently Deputy Managing Director in charge of strategy, development and mergers & acquisitions, who will then become Deputy CEO. In order to ensure the transition in the best interest of the Company, and subject to the renewal of his term of office as Director by the Shareholders’ Meeting of 25 March, Dominique Marcel will be reappointed as Chairman and Chief Executive Officer until 31 May 2021 and reports that it will propose to the Board the appointment of Dominique Thillaud as Deputy Chief Executive Officer for this interim

Executive Management on the date of publication of this report. 3.1.2.1 Chairman and Chief Executive Officer DOMINIQUE MARCEL CHAIRMAN AND CHIEF EXECUTIVE OFFICER SINCE 19 MARCH 2009 (See the section 3.1.1.3 “Expertise of members of the Board of Directors and other information” above).

3.1.2.2 Deputy Managing Director On 4 November 2019, Loïc Bonhoure was appointed as the Group’s acting Managing Director. He is, more specifically, in charge of strategy, development and mergers & acquisitions. He does not hold a corporate office.

LOÏC BONHOURE GROUP DEPUTY MANAGING DIRECTOR, IN CHARGE OF STRATEGY, DEVELOPMENT AND MERGERS AND ACQUISITIONS

A former student of École normale supérieure de la rue d’Ulm, Loïc Bonhoure, aged 40, holds a teaching degree and is an engineer with Ponts, des Eaux et des Forêts. He started his career at the Ministry of Agriculture, notably as Budget Office Manager. He subsequently joined Caisse des Dépôts et Consignations where he held positions with increasing responsibilities in the fields of strategy, corporate finance and mergers & acquisitions. Having been that institution’s Mergers & Acquisitions Manager since 2014, he oversaw the strategic operations that led to the in-depth restructuring of the portfolio of Caisse des Dépôts et Consignations. Appointed on 4 November 2019 - Joined the Group on 4 November 2019

3.1.2.3 The Executive Committee DOMINIQUE MARCEL CHAIRMAN AND CHIEF EXECUTIVE OFFICER SINCE 19 MARCH 2009 (See the section 3.1.1.3 “Expertise of members of the Board of Directors and other information” above). LOÏC BONHOURE GROUP DEPUTY MANAGING DIRECTOR SINCE 4 NOVEMBER 2019, IN CHARGE OF STRATEGY, DEVELOPMENT AND MERGERS

AND ACQUISITIONS (See section 3.1.2.2).

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Compagnie des Alpes I 2020 Universal registration document