Compagnie des Alpes // 2021 Universal Registration Document

4 STATEMENT OF NON-FINANCIAL PERFORMANCE Environmental challenges

4.3.4 SUSTAINABLE WATER MANAGEMENT

However, occasionally some population bases ( e.g. the greater Paris region or Belgium) where the Group operates do feature as areas which could be susceptible to pressure between use and demand. The same applies to some Alpine basins in summer (August) or at the end of the summer during periods of drought, or on days in the winter holidays when tourist numbers peak. In accordance with laws on water, certain wells and pumping facilities require authorisation and the annual amounts drawn are capped. The sites also keep a close eye on local restrictions enforced by the authorities.

The Group is implementing an approach to improve knowledge of its impact on water resources, in order to better control its impact. Compagnie des Alpes’ activities are heavily dependent on water resources. However, municipal water accounts for only 8.7% of all water usage. Most water used is surface water (78.2%) and the remainder is well water (13.1%). Compagnie des Alpes does not operate any sites in high water risk areas which could repeatedly affect its ability to operate. By this we mean areas where the aggregate “water” risk is identified as high or very high by the World Resources Institute (2020 Aqueduct database).

Action taken to tackle the main challenges

2020/2021

Indicators monitored

2015/2016 2016/2017 2017/2018 2018/2019 2019/2020

Volume of water (litres) per visitor (Leisure parks) Volume of water (litres) per skier- day (Ski area) Share of municipal water (%) Percentage of municipal water for the production of artificial snow (%) Total volume of water used (m 3 ) (see Note 1)

145 L/ visitor

110 L/ visitor

135 L/ visitor

95 L/visitor 90 L/visitor

126 L/visitor

Not significant*

235 L/SD 259 L/SD 222 L/SD 257 L/SD 285 L/SD

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12% 12.2% 12.5%

11%

10%

8.7%

1%

2%

1%

0.4% 0.05%

0.13%

4,418,523 4,550,281 3,956,758 4,449,601 3,955,001

3,317,246

* See 4.3.1 Impact of the Covid-19 pandemic.

Note 1: If a distinction is made between the volume collected and the volume consumed, the second is the share of the former that will not be returned to the watershed after use and will therefore no longer be available in the same place ( e.g. it is now contained in an agricultural product, or rendered as grey or black water, or evaporated). The water collected for artificial snow is for the most part water that remains available in the watershed with the same level of quality as at the beginning, only with a time lag of a few months between its extraction and its return. It is therefore imprecise to speak of water consumption in this case.

BREAKDOWN OF WATER USAGE

0.9 % Other SA uses

0.1 % Holdings and Supports sites

17.2 % Other LD usage

1.1 % Water and animal parks

3,317,246 m 3

ORIGIN OF VOLUMES OF WATER USED

80.6 % Artificial snow-making

8.7 % Municipal water

13.1 % Well water

Holdings and supports sites In tertiary sites, water consumption is considered negligible in volume terms at Group level. Due to a lack of individual meters, these figures do not include the Paris and Chambéry sites. 4.3.4.1 Water in Ski areas Inventory In Ski areas, water is mainly used for artificial snow-making. Said purpose accounts for 80.6% of the Group’s total water usage. Artificial snow is used to protect the Group and resort operators from the financial and social impact of a shortage of natural snow on the ski business, especially at the beginning and end of a season. The production of artificial snow and grooming (milling) have a combined impact on the economic viability of ski resorts by significantly extending the life of the snowpack.

3,317,246 m 3

78.2 % Surface water

117

Compagnie des Alpes I 2021 Universal registration document