Compagnie des Alpes // 2020 Universal Registration Document

3 REPORT ON CORPORATE GOVERNANCE

Composition of administrative and management bodies

DAVID PONSON HEAD OF THE SKI AREAS DIVISION

David Ponson is a graduate of École nationale supérieure d’arts et métiers in Paris. He joined Compagnie des Alpes in 1996 as Technical Manager for Operation and Quality at STAG (Société des Téléphériques de l’Aiguille Grive – Peisey-Vallandry). In 1998 he took over as Head of the Ski Lift and Slope Operation Department. He joined Sevabel (Les Ménuires) in March 2002, taking up the role of Chief Executive Officer and coordinator of 3 Vallées (Méribel – Les Ménuires). Between 1 January 2012, when he joined the Executive Committee, and 31 May 2016, he was Head of Ski areas operations for the Tignes/Val-d’Isère connected ski area, as well as 3 Vallées. On 1 June 2016, he was appointed Director of the Ski Areas Division. David is also Chairman of the Savoie section of Domaines Skiables de France. Appointed on 1 January 2012 – Joined the Group in 1996

3.1.3 ADDITIONAL INFORMATION RELATING TO DIRECTORS AND EXECUTIVE CORPORATE OFFICERS 3.1.3.1 Statement of non-conviction

3.1.3.3 Service contracts To the Company’s knowledge, no service contract has been agreed between the Company and any member of the Executive Management or Board of Directors, with the exception of the licensing agreement for the use of the corporate names “Caisse des Dépôts et Consignations” and “Groupe Caisse des Dépôts”, referred to in Chapter 5, in Note 9.2.2 of the notes to the consolidated financial statements. 3.1.3.4 Share transactions by Compagnie des Alpes executive officers No transactions involving executive officers were recorded or reported under Article L. 621-18-2 of the French Monetary and Financial Code during the 2019/2020 fiscal year. For transactions carried out after the reporting date, see section 6.2.7 “Shareholdings and trading”, in Chapter 6 “Share capital and shareholding”. 3.1.3.5 Family ties There are no family ties among the Board members and Executive Management.

To the knowledge of Compagnie des Alpes, during the last five years none of the corporate officers has been convicted of fraud, has been involved in bankruptcy, sequestration or liquidation, has been subject to incrimination or official public sanction delivered by statutory or regulatory authorities (including designated professional bodies) or has been barred by a court from acting in the capacity of member of any company’s management or Supervisory Board, or from acting in any company’s management. 3.1.3.2 Conflicts of interest In accordance with the Charter, Directors and non-voting members undertake to avoid any potential conflict between their moral and material interests and those of the Company. They will inform the Board of any conflict of interest in which they may be involved. Should they be unable to avoid a conflict of interest, they will refrain from taking part in discussions and from any decision-making in relation to the matters concerned. To the Company’s knowledge, there are at present no potential conflicts of interest between the duties owed to the Company by the members that make up the management or administrative bodies, and their personal and/or other interests or treaty or agreement with shareholders, customers, suppliers, or others whose terms require the appointment of a member of the Executive Management or Board of Directors. To the Company’s knowledge, there are no restrictions accepted by the Company’s corporate officers concerning the sale of their shareholdings in the Company.

63

Compagnie des Alpes I 2020 Universal registration document