Compagnie des Alpes // 2021 Universal Registration Document

4 STATEMENT OF NON-FINANCIAL PERFORMANCE Application of the European Taxonomy

OPEX methodology With regard to operating expenses (i) related to assets or processes associated with taxonomy-aligned economic activities, (ii) which are part of the CapEx plan to expand economic activities aligned with the taxonomy or (iii) which are related to the purchase of the production of economic activities aligned with the taxonomy, Compagnie des Alpes considered that it is not yet able to identify them at this stage since these expenses are related to aligned activities: l it has not yet carried out the alignment of its own eligible activities (part of its activities in any case is not significant as explained above); and

l it has no published information on the alignment analysis of its suppliers in the case of the purchase of production of economic activities aligned with the taxonomy ( e.g. energy purchase). As regards OpEx that are part of a CapEx plan and OpEx to make activities low-carbon or corresponding to building renovation, maintenance and asset repair measures, they are the same as the Capex identified in the statement.

4.6.2 STATEMENT

Revenue Share of revenue from products and services associated with economic activities eligible for the EU Taxonomy - statement covering the 2020/2021 financial year.

a

b

c

d e Substantial contribution criterion

Climate change mitigation

Adaptation to climate change

NACE code(s)

Revenue

Share of revenue

Economic activities

A.1. Eligible economic activities 6.3. Urban and suburban transport, road passenger transport B. Non-eligible economic activities Revenue from non-eligible economic activities (B)

H49.3.1

75

0.03%

100%

0%

240,498 240,573

99.97%

TOTAL (A + B)

100.00%

Capex Compagnie des Alpes does not have a reporting system that allows it to isolate the investment expenses identified in 4.6.1 with this level of granularity. As a result, and given the short timeframe between the publication of delegated acts and the date of publication of its SNFP, the Group is unable to declare its share of eligible investments in this document. The Group is working to equip itself to be compliant in the coming years. 4.6.3 REPORTING LIMITS Due to uncertainties regarding the portion of CDA revenue and investments eligible for the European taxonomy standard, Compagnie des Alpes cannot offer reasonable assurance regarding the methodology described above in section 4.6.1 and the statement presented in section 4.6.2. In addition, Compagnie des Alpes has set itself ambitious targets to offer its customers “low-carbon” leisure activities, although the sectoral guidelines do not seem to include these activities. Given the

Opex For the same reasons as for CapEx, Compagnie des Alpes is not able to isolate these expenses within its current information system but is working on them for the future.

very short period of time for discussions with the European platform for sustainable finance, and pending the extension of the environmental taxonomy to other activities, Compagnie des Alpes has not identified the opportunities available to it to voluntarily apply the eligibility guidelines as part of its Ski area activity, which is nevertheless based on a low-carbon transport infrastructure (see activity 6.15).

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Compagnie des Alpes I 2021 Universal registration document