Compagnie des Alpes // 2020 Universal Registration Document

3 REPORT ON CORPORATE GOVERNANCE Compensation of corporate officers

Summary statement of individual compensation paid to Executive corporate officers for the 2019/2020 fiscal year (Presentations of AFEP-MEDEF Code of Corporate Governance/AMF position-recommendation No. 2009-16 and No. 2012-02) The breakdown of the individual compensation of executive corporate officers for the 2019/2020 fiscal year is presented below: Summary of compensation payable and stock options and shares granted to the executive corporate officer (gross compensation in euros) (Table 1 of the AFEP-MEDEF Code) This first table summarises the total compensation payable to executive corporate officers for the fiscal year ended 30 September 2020 and the previous fiscal year.

2019/2020

Dominique Marcel, Chairman-Chief Executive Officer Compensation due for the fiscal year (see Table 2) Valuation of options granted for the fiscal year (see Table 4)

2018/2019

485,467

422,433

- -

- -

Valuation of performance shares granted for the fiscal year (see Table 6)

TOTAL

485,467

422,433

Summary table of the compensation payable (gross and in euros) to the executive corporate officer (by the Company, the controlled companies within the meaning of Article L. 233-16 of the French Commercial Code and the controlling company (ies)) (Table 2 of the AFEP-MEDEF Code) This table shows the gross compensation due to the Chairman and Chief Executive Officer for the fiscal year ended 30 September 2020 and the previous fiscal year, as well as the compensation actually paid to them during those fiscal years.

FY 2019/2020

FY 2018/2019

Dominique Marcel, Chairman-Chief Executive Officer

due

paid

due

paid

P fixed compensation P variable compensation

400,000

400,000

386,663

386,663 48,468

48,468 30,245

50,000 19,803

28,588

P gross profit share

- - -

30,245

P exceptional compensation

- -

- -

- -

P compensation linked to the role of Director (formerly Directors’ fees)

P benefits in kind

6,755

6,755

7,182

7,182

TOTAL

485,467

476,558

422,433

472,557

Share subscription or purchase options granted during the fiscal year to the executive corporate officer by the issuer and by each Group company (Table 4 of the AFEP-MEDEF Code) N/A. Share subscription or purchase options exercised during the fiscal year by the executive corporate officer (Table 5 of the AFEP-MEDEF Code) N/A. Bonus shares granted during the fiscal year to the executive corporate officer by the Company or by any Group company (Table 6 of the AFEP-MEDEF Code) N/A. Free shares granted during the fiscal year to the executive corporate officer (Table 7 of the AFEP-MEDEF Code) N/A. History of share subscription or purchase options (Table 8 of the AFEP-MEDEF Code) N/A. History of free allocations of shares to the executive corporate officer (Table 9 of the AFEP-MEDEF Code) This table can be found in Chapter 5, Note 6.10 of the Consolidated Financial Statements. Table summarising the multi-year variable compensation of the executive corporate officer (Table 10 of the AFEP-MEDEF Code) N/A. Situation of the executive corporate officer during FY 2019/2020 with regard to the AFEP-MEDEF Code (Table 11 of the AFEP-MEDEF Code)

Employment contract

Complementary retirement plan

Benefits in kind owed or likely to be owed as a result of a termination or change of position

Indemnities related to a non-compete clause

Executive officer

Dominique Marcel Chairman and Chief Executive Officer

No

Yes

Yes

No

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Compagnie des Alpes I 2020 Universal registration document