Compagnie des Alpes // 2021 Universal Registration Document

6 SHARE CAPITAL AND SHAREHOLDING Share capital

6.1.3 AUTHORISATIONS TO INCREASE THE SHARE CAPITAL All of the current authorisations regarding share capital increases are those given by the Extraordinary Shareholders’ Meeting of 25 March 2021 for a duration of 26 months. All the current authorisations are therefore valid until 25 May 2023.

The powers conferred upon the Board of Directors for increasing share capital, and the use of those powers where applicable, are set out in the summary table below:

Date of the ESM Deadline Maximum amount authorised Utilisations

Authorisation balance at 30/09/2021

Purpose of the powers Authorisation to award performance shares to employees and Group corporate officers

26 months (until 25/05/2023)

1% of the number of shares in the capital on the day of the award decision, in addition

26/04/2021 Grant of

191,657 shares

25/03/2021 (19 th resolution)

73,535 shares

to a maximum of 7% of the number of shares in

the capital for all outstanding free shares and stock options Shares: €300 million; Debt securities: €400 million

26 months (until 25/05/2023) 26 months (until 25/05/2023)

08/06/2021 Issue of 24,563,451 shares

Shares: €287.7 million; Debt securities: €400 million

Powers to increase the share capital with preferential subscription rights (issues reserved for shareholders) Delegation of authority to increase the share capital without preferential subscription rights, by public offering (other than a private placement) Delegation of authority to increase the share capital without preferential subscription rights, by private placement Delegations to increase the amount of issues carried out with maintenance or cancellation of preferential subscription rights ( greenshoe ) Powers to increase the share capital without preferential subscription rights to pay contributions in kind with shares Powers to increase the share capital through the incorporation of premiums, reserves, profits or other Powers to increase the share capital through employee issue under the Group Employee savings plan

25/03/2021 (20 th resolution)

Shares: €3 million (with priority period) or €2.5 million (with no priority period); Debt securities: €100 million Shares: €2.5 million (up to a limit of 20% of capital per year); Debt securities: €100 million Deduction from the amount of the cap of the initial issue (20 th , 21 th and 22 nd resolutions) and from the overall cap (27 th resolution) 10% of capital ( i.e. currently €2.5 million)

None

Shares: €3 million (with priority period) or €2.5 million (with no priority period); Debt securities: €100 million Shares: €2.5 million (up to a limit of 20% of capital per year) Debt securities: €100 million Deduction from the amount of the cap of the initial issue (20 th , 21 th and 22 nd resolutions) and from the overall cap (27 th resolution) 10% of capital ( i.e. currently €2.5 million)

25/03/2021 (21 st resolution)

26 months (until 25/05/2023)

None

25/03/2021 (22 nd resolution)

26 months (until 25/05/2023)

None

25/03/2021 (23 rd resolution)

26 months (until 25/05/2023)

None

25/03/2021 (24 th resolution)

26 months (until 25/05/2023) 26 months (until 25/05/2023)

Shares: €30 million

None

Shares: €30 million

25/03/2021 (25 th resolution)

2.6% of the share capital (currently €0.6 million)

None

2.6% of the share capital (currently €0.6 million)

25/03/2021 (26 th resolution)

Shares: €300 million; Debt securities: €500 million

None

Shares: €287.7 million; Debt securities: €500 million

25/03/2021 (27 th resolution)

Total nominal cap, all authorisations combined (except 25t h resolution)

The authorisations used during the financial year are as follows: (i) the authorisation granted to allocate free shares in the Company (19 th resolution), with 73,535 performance shares granted under Plan no. 24 implemented on 27 April 2021; (ii) the authorisation granted to increase the share capital with preferential subscription rights for an amount of €230,896,439.40 (including issue premium), bringing the share capital at 30 June 2021. to an amount of €24,563,451 divided into 49,126,902 shares and voting rights.

6.1.4 POTENTIAL SHARE CAPITAL

At 30 September 2021, the potential share capital represented 0.38% of the share capital, in the form of 191,657 outstanding entitlements to free shares.

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Compagnie des Alpes I 2021 Universal registration document