Compagnie des Alpes // 2021 Universal Registration Document

C NTENT

Editorial Interview

2 3 4 6 8

A major player in the European leisure sector Solid fundamentals and financial discipline

Interactions with ecosystems

Committed partner, serving the regions and local authorities Value creation based on shared know-how

10 12 14 16

Change in governance

Key indicators

Statement of Non-Financial Performance 4 4.1 The Group’s CSR organisation and challenges

1 1.1 Activities, markets and competition 1.2 Strategy and future outlook

Introduction to Compagnie des Alpes and its activities

91

19

20 26 28

£

92 94

4.2 Labour issues

1.3 History

£ £

2

4.3 Environmental challenges

105 122 130 132

4.4 Societal challenges

4.5 Methodology note on CSR reporting 4.6 Application of the European Taxonomy 4.7 Report by the independent third-party body on the consolidated statement of non- financial performance included in the management report

Risk factors

31

2.1 Risk management procedures

32 33 35 36 37 38 38 39

£ £ £ £

2.2 Strategic risks 2.3 Operational risks

137

5

2.4 Human risks

2.5 Regulatory and compliance risks 2.6 Crisis management procedures

Financial information

141

2.7 Insurance - risk cover

£

2.8 Internal control procedures

5.1 Analysis of consolidated results and sectors 5.2 Activity and results of S.A. Compagnie des Alpes 5.3 Consolidated financial statements 5.4 Parent company financial statements

142

3

Report on corporate governance

148 150 197

43

£

3.1 Composition of administrative and management bodies

6 7

44

3.2 Functioning of executive and management bodies 3.3 Compensation of corporate officers 3.4 Compliance with corporate governance recommendations

Share capital and shareholding

65 70

215

6.1 Share capital 6.2 Shareholding

216 221 224 225

£ £

88

6.3 Stock market information

6.4 Disclosure policy

Annual Financial Report items are clearly identified in the summary with the symbol £

Additional information

229

7.1 Information concerning Compagnie desAlpes 230 7.2 Persons responsible for the Universal Registration Document 231 Reference table 232

£