Compagnie des Alpes // 2020 Universal Registration Document

4 STATEMENT OF NON-FINANCIAL PERFORMANCE Labour issues

There are several co-existing collective bargain agreements in France, reflecting the diversity of its business segments: l the national collective bargaining agreement for ski lifts and ski areas; l the national collective bargaining agreement for leisure areas, attractions and cultural spaces (CCNELAC); l the national collective bargaining agreement for travel agencies and tourism; l the national collective bargaining agreement for tour leaders and guides working for travel agencies and tourism; l the national collective bargaining agreement for real-estate; l the collective bargaining provisions applicable to Compagnie des Alpes staff.

In Belgium, the Group offers its staff hospital insurance cover in addition to the social protection provisions enshrined in legislation, and a pension plan for managers and employees. In the Netherlands, executives benefit from supplemental retirement insurance and employee savings plans. For the Netherlands and Belgium, an agreement has been made to increase salaries every year. In Belgium, this increase is determined based on changes to the consumer price index. In Canada, the Group’s complementary health, insurance and retirement plans are key to employees’ social protection. The guarantees of these complementary plans were determined at a competitive level in relation to national standards.

4.2.4.3 Labour relations and employee representation Each Group company manages its labour relations and organises its collective bargaining arrangements independently. Over the year, the collective bargaining agreements and unilateral decisions entered into related principally to compensation, workplace organisation and health and safety in the workplace, as can be seen from the table below:

Health and safety in the workplace Other

Profit sharing

Work organisation

Compensation

Number of collective bargaining agreements or unilateral decisions in the fiscal year

27

11

4

1

9

Group bodies Discussions at the European Works Council level mainly focused on the current situation regarding the exceptional health situation and its consequences on employment.

The 2019/2020 fiscal year was the subject of extensive social dialogue, particularly as part of the management of the Covid-19 health crisis. An Economic and Social Unit ( Unité Économique et Sociale – UES) bringing together all the real estate agencies was created (UES Ski and Soleil). Professional elections were organised for this labour body. The Social and Economic Committee ( Comité Social et Économique – CSE) met for the first time in November 2020.

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Compagnie des Alpes I 2020 Universal registration document