Compagnie des Alpes // 2021 Universal Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

Other checks or information required by the law and regulations Format of the consolidated financial statements intended to be included in the annual financial report In accordance with professional standards on the Statutory Auditors’ procedures relating to the annual and consolidated financial statements in the European Single Electronic Format, we have also verified compliance with this format defined by Commission delegated regulation (EU) 2019/815 of 17 December 2018 in the presentation of the consolidated financial statements intended to be included in the annual financial report mentioned in I of Article L. 451-1-2 of the French Monetary and Financial Code, prepared under the responsibility of the Chief Executive Officer. With regard to the consolidated financial statements, our procedures include verifying that the mark-up of these financial statements complies with the format defined by the aforementioned regulation. On the basis of our work, we conclude that the presentation of the consolidated financial statements intended to be included in the annual financial report complies, in all material respects, with the European Single Electronic Format. It is not our responsibility to verify that the consolidated financial statements that will be included by your Company in the Annual Financial Report filed with the AMF correspond with those on which we carried out our work. Appointment of the Statutory Auditors We have been appointed Statutory Auditors of Compagnie des Alpes by the Shareholders’ Meeting, in 1998 in the case of Mazars and in 1991 in the case of PricewaterhouseCoopers Audit. At 30 September 2021, Mazars was in the 24 th year of its mission without interruption and PricewaterhouseCoopers Audit was in its 31 st year, i.e. 24 and 28 years respectively since the Company’s shares were listed for trading on a regulated market. Responsibilities of the Management and the persons responsible for corporate governance with regard to the consolidated financial statements It is the responsibility of the Management to prepare consolidated financial statements that present a true and fair view in accordance with the IFRS standards as adopted in the European Union and to set up the internal control it deems necessary to the preparation of consolidated financial statements and to ensure that they are free of material misstatements, whether these result from fraud or error. At the time of preparing the consolidated financial statements, it is the responsibility of the Management to assess the Company’s ability to continue its operations, to present in these financial statements, where applicable, the necessary information relating to business continuity and to apply the accounting concept of a going concern, except where the Company plans to liquidate or cease trading. It is the responsibility of the Audit and Finance Committee to monitor the process by which financial information is prepared and the efficiency of the internal control and risk management systems, as well as, where applicable, that of the internal audit, with regard to procedures for preparing and processing accounting and financial information. The consolidated financial statements have been approved by the Board of Directors. Responsibilities of the Statutory Auditors regarding the audit of the consolidated financial statements Audit objective and approach It is our responsibility to prepare a report on the consolidated financial statements. Our aim is to obtain reasonable assurance that the consolidated financial statements, taken as a whole, are free from material misstatement. Reasonable assurance corresponds to a high level of assurance but does not guarantee that an audit performed in accordance with professional standards of practice will systematically detect all material misstatements. Misstatements can arise due to fraud or error and are considered to be material if they, individually or in the aggregate, could be reasonably expected to influence the economic decisions of users taken on the basis of the financial statements. As specified in Article L. 823-10-1 of the French Commercial Code, our mission to certify the financial statements does not consist in guaranteeing the viability or quality of the management of your Company. In the context of an audit performed in accordance with the professional standards of practice applicable in France, the Statutory Auditor exercises his or her professional judgement throughout the audit. Furthermore: l he or she identifies and assesses the risks that the consolidated financial statements may contain material misstatements, whether these are due to fraud or error, defines and implements audit procedures to address these risks and collects evidence that he or she considers sufficient and appropriate as a basis for his or her opinion. The risk of not detecting a material misstatement arising from fraud is greater than that of a material misstatement resulting from error, because fraud may involve collusion, falsification, wilful omission, false statements or circumvention of the internal control system; l the auditor reviews the internal control system relevant to the audit in order to define audit procedures that are appropriate in the circumstances, and not in order to express an opinion on the effectiveness of the internal control system; l he or she assesses the appropriateness of the accounting methods used and the reasonableness of accounting estimates made by the Management, as well as the related information provided in the consolidated financial statements; l he or she assesses the appropriateness of the Management’s application of the accounting principle of going concern and, depending on the evidence collected, the existence or otherwise of significant uncertainty relating to events or circumstances likely to call into question the Company’s ability to continue operating. This assessment is based on the evidence collected up to the date of the auditor’s report, bearing in mind that subsequent circumstances or events could jeopardise business continuity. If the auditor identifies the existence of significant

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Compagnie des Alpes I 2021 Universal registration document