Compagnie des Alpes // 2021 Universal Registration Document

5 FINANCIAL INFORMATION

Parent company financial statements

l the reasonableness of the main assumptions and estimates or assessments, in particular the cash flow forecasts, the long-term growth rates and the discount rates used. We also assessed the consistency of the forecasts used by Management and carried out our own sensitivity analyses on the impairment tests. These analyses were carried out with the assistance of our valuation experts and have been shared with the Company’s Executive Management team. We also assessed the appropriateness of the information mentioned in Note 3.2 to the annual financial statements. Specific checks We also carried out, in accordance with standards for professional practice in France, the specific checks required by the laws and regulations. Information provided in the management report and any other documents on the financial situation and the annual financial statements provided to the shareholders We have no comments to make regarding the accuracy and consistency with the annual financial statements of the disclosures in the management report of the Board of Directors or in the other documents provided to shareholders on the financial position of the Company and the annual financial statements. We attest to the faithfulness and the consistency of the annual financial statements with the information on the payment times mentioned in Article D. 441-6 of the French Commercial Code. Report on corporate governance We attest to the existence, in the report of the Board of Directors on corporate governance, of the information required by Articles L. 225-37-4, L. 22-10-10 and L. 22-10-9 of the French Commercial Code. With regard to the information provided in application of the provisions of Article L. 22-10-9 of the French Commercial Code on compensation and benefits paid or awarded to corporate officers, as well as the commitments granted to them, we verified that they were consistent with the financial statements or with the data used to prepare these financial statements and, where applicable, with the information collected by your Company from the companies controlled by it that are included in the scope of consolidation. On the basis of this work, in our opinion, these disclosures are accurate and fair. Concerning information relating to the elements that your Company considered potential key factors in the event of a purchase or exchange takeover bid, provided in application of the provisions of Article L. 22-10-11 of the French Commercial Code, we checked their compliance with the documents from which they originate that were provided to us. On the basis of this work, we have no comment to make on this information. Other information In accordance with the law, we have determined that the information relating to the investments and control and to the identity of holders of share capital or voting rights has been presented to you in the management report. Other checks or information required by the law and regulations Format of the annual 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 presented in the European Single Electronic Format, we have also verified compliance with this format defined by the Commission delegated regulation (EU) 2019/815 of 17 December 2018 in the presentation of the annual 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. On the basis of our work, we conclude that the presentation of the annual 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 annual financial statements that will be included by your Company in the annual financial report filed with the AMF correspond to 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 annual financial statements It is the responsibility of the Management to prepare annual financial statements that present a true and fair view in accordance with French accounting rules and principles, as well as to implement the internal control system it deems necessary to ensure the annual financial statements are free from material misstatements, whether due to fraud or error. At the time of preparation of the annual 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 going concern, except where the Company plans to liquidate or cease trading.

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Compagnie des Alpes I 2021 Universal registration document