Compagnie des Alpes // 2021 Universal Registration Document

1 INTRODUCTION TO COMPAGNIE DES ALPES AND ITS ACTIVITIES History

2007-2008: The stake in Sofival in 2008 was the latest major capital-intensive development for Compagnie des Alpes. It coincided with the Group’s acquisition of Val d'Isère (STVI – Société de Téléphérique de Val d’Isère). 2007-2008: Minority stake taken concomitantly in Avoriaz , Valmorel and La Rosière. 2009: The 2 Alpes ski area (Deux Alpes Loisirs – DAL) joined Compagnie des Alpes. 2009-2010: Rationalisation and Strategy refocusing Reorganisation undertaken to enable more industrialised and integrated operations across all sites, in line with the Company’s development ambitions. The stakes in operating companies in Switzerland and Italy were sold. The Group currently has minority stakes in four French companies; Chamonix (37.5%), Avoriaz (20%), Valmorel (20%) and La Rosière (20%). 2010: Financial restructuring Medium-and long-term bank debt refinancing, capital increase of €100 million and €200 million bond issue. 2011: Futuroscope joined the Group, while control was relinquished over a group of seven non-strategic leisure parks : Bagatelle, Aquarium de Saint Malo, Parc des Mini Châteaux, Aquarium du Val de Loire, Aquaparc du Bouveret in Switzerland, Avonturenpark Hellendoorn in the Netherlands, and Pleasurewood Hills in the UK. The Group held a 27% stake in the acquiring company, Looping Holding (HIG group), up until April 2014. 2011: CDA Management’s initial developments The first contract for general contracting support and operations signed in its two business segments; one in Russia for the Rosa Khutor resort for the 2014 Winter Olympics in Sochi, and the other in Casablanca, Morocco in the Leisure parks business. 2012: Bioscope closed. 2013: Launch of Foncière Rénovation Montagne With the support of Compagnie des Alpes’ historical shareholders, for the purpose of renovating 500 accommodation units (≈ 2,500 beds) over a three-year period, and marketing them with skiers. 2013: l the very first international Grévin museum opened in Montreal, Canada; l International Development and New Business Department created; l launch of Alpes Ski Résa, a website for the sale of ski holidays. End-2013: New concept and strategic fine-tuning Our customers’ Very High Satisfaction became the guiding thread of our Leisure parks strategy. Results guidance announced to the market for the first time. 2014: l Grévin Prague opened in the Czech Republic; l Sochi Olympic Games; l Leisure parks Department organisation overhauled. 2013-2014: Ramp-up of CDA Management In Russia, Compagnie des Alpes produced the master plans for three ski resorts and one leisure park in Moscow. In China, the Group is providing support to the Chinese authorities for the first season at Thaiwoo.

In Japan, the strategic partnership with the MacEarth group is ongoing.

2014-2015: l Grévin Seoul opened in South Korea; l Sindibad opened in Casablanca, Morocco; l sale of 4 leisure parks; Dolfinarium, Walibi Sud-Ouest, Planète Sauvage and Mer de Sable. 2015: 1 st contract in China: “Thaiwoo”. 2015-2016: l new concession contract for Jardin d’Acclimatation awarded to the LVMH/Compagnie des Alpes consortium; l opening of Chaplin’s World By Grévin; l opening of a subsidiary in China and ongoing international development through operational support contracts. 2016-2017: l sale of the Fort Fun site in Germany; l continuation of the operational support contract for the Thaiwoo resort, assistance with the design and construction of the Yanqing resort which will host the major events of the 2022 Winter Olympics, and master-planning contracts in Altai and in the Urumqi region; l refinancing of the 2017 bond (€200 million) and amendment of the RCF syndicated loan (€250 million). 2017-2018: Acquisition of Travelfactory l sale of the Grévin sites in Seoul and Prague; l acquisition of 73% of Travelfactory. Compagnie des Alpes becomes the No. 1 retailer of ski holidays in France. 2018-2019: Acquisition of Familypark l acquisition of 100% of the shares in Familypark, the leading Austrian leisure park; l diversification and optimisation of the Group’s sources of financing with the issuing of a new USPP of €65 million, and the setting up of a NEU CP programme capped at €240 million. 2019-2020: 1 st financial year marked by the health crisis l implementation of a State Guaranteed Loan of €200 million; l an ambitious plan to transform Futuroscope and a new 30-year lease for its operation. 2020-2021: Second financial year marked by the health crisis l upcoming change in governance for Compagnie des Alpes; l presentation of strategic priorities for the coming years; l acquisition of an additional 24% of the capital of Futuroscope. The Group now holds an 80% stake in this site; l implementation of a second State Guaranteed Loan (Seasonal) of €269 million; l success of the capital increase with preferential subscription rights of approximately €231 million; l launch of Travelski Express; l acquisition of Evolution 2, a network of schools and outdoor activities; l closure of Grévin Montreal; l deconsolidation of the Les Deux Alpes ski area from the Group’s scope.

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Compagnie des Alpes I 2021 Universal registration document