Compagnie des Alpes // 2020 Universal Registration Document

4 STATEMENT OF NON-FINANCIAL PERFORMANCE Labour issues

The proportion of women in the Group changed as follows over the last five fiscal years:

The percentage of women, both in the total workforce and in management, has remained stable for several years. This situation is due to the low staff turnover, particularly among permanent staff. It should be noted that women executives have a representation equivalent to that of women in the total workforce. The percentage of women on management bodies remained stable at 38% for the Executive Committee (the executive body) and 22% for the Operations Committee (comprising mainly the site Directors and Executive Committee Directors) as of 30 September 2019. Lastly, we note that the number of training courses attended by women decreased by 2% this year, moving to 2,729 women having attended at least one training course during the year (compared to 2,771 in 2019). The number of training courses attended by women represents 42% of the Group’s training courses, which is slightly higher than the percentage of women in the workforce. Gender equality index In March 2020, our French subsidiaries (subject to this new obligation) published their gender equality index. All the subsidiaries of the Compagnie des Alpes Group obtained a score above 75/100 (with the exception of Travelfactory), thus establishing an average score of 86/100. Following the publication of the index, several companies aligned their gender equality agreements, in particular to monitor the evolution of certain indicators and reduce any discrepancies observed in this index.

CHANGE IN THE PERCENTAGE OF WOMEN IN THE GROUP

0% 20% 40% 60% 80% 100%

2017/2018

2016/2017

2015/2016

2018/2019

2019/2020

Women in average headcount

Women, non-permanent, in high season Women, permanent

CHANGE IN MANAGER NUMBERS IN THE GROUP

0% 20% 40% 60% 80% 100%

2017/2018

2016/2017

2015/2016

2018/2019

2019/2020

Women managers Women in the Operations Commitee (COMOP)

Managers in average headcount

4.2.4.2 Compensation and benefits systems

Managers

Supervisors

Workers Employees

Average monthly salaries for permanent staff

Men

Women €4,958

Men

Women €2,976

Men

Women €2,590

Group

€6,132

€3,258

€2,754

Compensation decisions are very largely decentralised. Mandatory annual negotiations are held in France at each site, which offers specific profit-sharing and incentive schemes. Ten profit-sharing agreements were entered into during the fiscal year. The average amount of incentives and profit-sharing per employee was €1,482 for FY 2019/2020. As a result, €6.4 million were distributed across the Group in France. A Group savings plan (PEG) benefits all employees with a French employment contract (with the exception of Futuroscope, STVI and Travelfactory employees who have their own company savings plan). In this system, Management sets the contribution, and each subsidiary may also decide to introduce additional contributions. A Group Collective Retirement Savings Plan (PERCO G) is available for all French sites to complete the gamut of employee savings schemes. In this case, each site is free to decide whether or not to include an employer contribution.

Thus, 13 Group companies have already signed up to the PERCO G scheme for their employees, covering 60% of the average full-time equivalent workforce in France. As part of the law of 24 December 2019 aimed at “promoting support for economic activity and assets”, the Group decided to renew this year the allocation of an exceptional purchasing power bonus based on the conditions attendance and compensation defined by law and on a number of paid days (given the seasonality of our workforce). This bonus was awarded by all of the Group’s French subsidiaries and funded at Group level. Thus, 95% of the workforce in France as of 31 March 2020 benefited from this exceptional bonus, i.e. more than 5,200 employees. All the Group’s French employees are covered by supplementary health insurance on a compulsory (permanent employees) or optional (non- permanent employees) basis. A compulsory pension plan is also in place for all French employees.

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Compagnie des Alpes I 2020 Universal registration document