Compagnie des Alpes // 2021 Universal Registration Document

4 STATEMENT OF NON-FINANCIAL PERFORMANCE Societal challenges

4.4.3 COMPLIANCE AND ETHICS Compagnie des Alpes makes compliance and ethics a core part of its business practices. The Group’s compliance and ethics approach has been entrusted to the Group’s Head of Legal Affairs and Compliance, appointed as Group Ethics Officer by the Chairman and Chief Executive Officer. The role of the ethics officer is to: l implement procedures that promote compliance not only with applicable regulations but also with high standards of professional conduct and ethics; l promote among all employees the principles and best practices that are part of the Group’s ongoing desire to respect our stakeholders such as our employees, shareholders, customers, partners and of course the public authorities; l make every effort to ensure that we conduct our business in a legal, responsible, transparent and ethical manner. The Ethics Officer may be consulted by any employee on issues concerning compliance and ethics and may be required to assist employees in their decision-making. l Parc Astérix has been supporting the integration of refugees since 2015 with the Hope programme run by the French government in partnership with the OFII (Office Français de l’Immigration et de l’Intégration, French office for immigration and integration), which aims to help refugees find employment, housing and independence; l the Group’s ski lift companies contribute to the financing of the French Ski Federation (FFS), regional committees and sports clubs. This money comes from the sale of Carré Neige insurance On this last point, most of the Leisure parks organise events with the neighbourhood that are real moments of exchange. A site priority is to study and reduce the noise pollution that may be generated by its activities. The Group’s sites concerned take regular noise measurements, and specific actions are carried out: adaptation of the grooming plan close to homes (schedule and layout), silent snow-making machines and rollers near homes, upstream mechanical lift, etc. burying of machinery, adapting the sound volume of shows based on wind direction, special measures for events (festivals), coverage of show areas, development of attractions, neighbourhood information on events, participation in consultation committees, and more recently the construction of a noise barrier on one of our sites, etc. Another example: Origine Grand Massif is a quality label supported by our GMDS subsidiary. Driven by a desire to protect local values, this initiative offers over 40 local producers the opportunity to obtain an “appellation” in the farming, crafts, culture and food and drink sectors. The main objective is to bring visitors and local producers together to share special moments. Support and solidarity (some examples) Lastly, Group companies support local aid operations and social and sports partnerships: l for the third year in a row, the Group supported Sport dans la Ville by co-financing sports facilities at the foot of residential areas and by introducing young people to the Group’s careers;

4.4.3.1 Preventing fraud, money laundering and the financing of terrorism To encourage best ethical practices, the Group has drafted and distributed an Ethics Charter which is a guide for professional conduct, an IT system resources usage charter, and procedures to combat money laundering and the financing of terrorism. At subsidiaries, these codes of conduct are backed up, where appropriate, by formal undertakings by the management, training courses, and clauses in employment contracts. Compliance with the law, Group policies and the proper functioning of processes are ensured by the application of internal controls, the separation of duties and regular internal audits. Since 2013, the formalisation of the Group’s internal control procedures has strengthened the application of best practices and employees’ vigilance to fraud (see section 2.8 “Internal control procedures” in Chapter 2 “Risk factors”). and additional patronage funding. During the 2020/2021 financial year, the Savoy ski areas maintained their support for the Savoie Ski Committee with a donation of €0.61 million in sponsorship. In addition to this financial support, the clubs receive technical and logistics assistance for the preparation (snow provision, grooming machine hours, maintenance) and organisation of training and competitions (planned openings, private events). The clubs work to promote leisure skiing and identify young talents in the club, then offer them high-level training in alpine, nordic and freestyle skiing, snowboarding and telemark skiing; l the Group’s Savoie ski areas actively participate in initiatives aimed at facilitating ski access for young people in the department for more than 4,000 skier-days per year (Youth Ski Plan of the Savoie departmental Council, UNSS departmental Committee, Plan Handisport, Savoyard Association of Discovery Classes, etc.). They also participate in the Clés College programme, which gives a 50% reduction to secondary school students who attend school or live in Savoie. Similar initiatives take place in each department; l some examples of support for disadvantaged young people or sick children: operation Petits Princes in French parks in collaboration with SNELAC during the solidarity day, support of La Plagne and Serre Chevalier for the 82-4000 association to promote the discovery of high mountains for young people from disadvantaged backgrounds; collection of professional clothing for the Cravate Solidaire at Parc Astérix; Parc Astérix welcomed more than 5,000 children and parents from Secours Populaire during the launch of “Peur Sur Le Parc” with the aim of giving a breath of fresh air to families made even more vulnerable by the health and economic crisis. In total, the amount of sponsorship and donations totalled nearly €1 million over the financial year in a context of significant decline in Group revenue.

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Compagnie des Alpes I 2021 Universal registration document