Compagnie des Alpes // 2020 Universal Registration Document

3 REPORT ON CORPORATE GOVERNANCE Compensation of corporate officers

3.3.2 COMPENSATION COMPONENTS AND BENEFITS OF ANY KIND PAID IN RESPECT OF THE TERM OF OFFICE DURING THE YEAR OR AWARDED IN RESPECT OF THE 2019/2020 FISCAL YEAR TO EACH CORPORATE OFFICER, INCLUDING THE EXECUTIVE OFFICER (ARTICLE L. 22-10-9 I AND L. 22-10-34 II OF THE FRENCH COMMERCIAL CODE)

In accordance with Article L. 22-10-34 II of the French Commercial Code, the Annual Shareholders’ Meeting will be required to approve the information mentioned in Article L. 22-10-9 I of the French Commercial Code relating to the all executive and non-executive corporate officers listed in this section. The Annual Shareholders’ Meeting will also decide, in accordance with Article L. 22-10-34 III of

the French Commercial Code, on the fixed, variable and exceptional components of the total compensation and benefits of any kind paid during or in respect of the past fiscal year to the executive corporate officer and described in this section.

3.3.2.1 Compensation and benefits of any kind paid to the Chairman and Chief Executive Officer during or in respect of the 2019/2020 fiscal year in view of his term of office

The Board of Directors took into account the votes of the shareholders of 5 March 2020 on the compensation policy of the executive corporate officer since the elements of his compensation as reviewed by the Board of Directors on 7 December 2020 are similar to those that had been approved at the last Annual Shareholders’ Meeting.

Pursuant to Article L. 22-10-34 of the French Commercial Code, the next Annual Shareholders’ Meeting will be asked to approve the fixed, variable and exceptional components of the total compensation and benefits of any kind paid or allocated during the past fiscal year to the Chairman and Chief Executive Officer. The table below summarises the components of compensation paid or awarded to the Chairman and Chief Executive Officer in respect of the 2019/2020 fiscal year.

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Compagnie des Alpes I 2020 Universal registration document