Compagnies des Alpes // 2019 Universal Registration Document

4 STATEMENT OF NON FINANCIAL PERFORMANCE Environmental challenges

4.3.4 SUSTAINABLE WATER MANAGEMENT

Action taken to tackle the main challenges

2018-2019 90 L/visitor 257 L/SD

Indicators monitored

2015-2016 2016-2017

2017-2018 95 L/visitor 222 L/SD

Total water consumption (litres) per skier day (Ski areas) or visitor (Leisure parks)

145 L/visitor 235 L/SD

110 L/visitor 259 L/SD

Percentage of municipal water in the consumption (%)

12%

12.2%

12.5%

11%

Gain a better understanding of our impact on water

Percentage of municipal water in the arti fi cial snow (%)

1%

2%

1%

0.4%

Total water consumption (m 3 )

4,418,523

4,550,281

3,956,758

4,449,601

Holdings and Supports sites In tertiary sites, water consumption is considered negligible in volume terms at Group level (0.1%). Due to a lack of individual meters, these fi gures do not include the Paris and Chambéry sites. 4.3.4.1 Water in the Ski areas Inventory In Ski areas, water is mainly used for arti fi cial snow-making. Said purpose accounts for 80% of the Group’s total water usage. Arti fi cial snow is used to protect the Group and resort operators from the fi nancial and social impact of a shortage of natural snow on the ski business, especially at the beginning and end of a season. Scienti fi c studies have quanti fi ed the combined impact of arti fi cial snow-making and grooming (scraping) on the viability of the ski resorts, signi fi cantly extending the lifespan of the snow cover. The volumes of water used depend on the quantities and periods of snowfall, notably when preparing to open the Ski areas at the end of the calendar year. Ski areas limit their use of municipal water by favouring surface water catchment and over fl ow recovery systems. As a result, 99.6% of the water used to make arti fi cial snow comes from surface water or well water.

Compagnie des Alpes’ activities are heavily dependent on water resources. However, municipal water accounts for only 11% of all water usage. Most water used is surface water (77%) and the remainder is well water (12%). Compagnie des Alpes does not operate any sites in high water risk areas which could repeatedly a ff ect its ability to operate. By this we mean areas where the aggregate “water” risk is identi fi ed as high or very high by the World Resources Institute (Aqueduct database). However, occasionally some population bases ( e.g. the greater Paris region or Belgium) where the Group operates do feature as areas which could be susceptible to pressure between use and demand. The same applies to some Alpine basins in summer (August) or at the end of the summer during periods of drought, or on days in the winter holidays when tourist numbers peak. In accordance with laws on water, certain wells and pumping facilities require authorisation and the annual amounts drawn are capped. The sites also keep a close eye on local restrictions enforced by the authorities.

ORIGIN OF WATER CONSUMED

11 % Municipal water

12.5 % Well water

ORIGIN OF WATER FOR ARTIFICIAL SNOW-MAKING

4.1 % Well water

0.4 % Municipal water

76.5 % Surface water

95.5 % Surface water

BREAKDOWN OF WATER USAGE

0.1 % Holdings and Supports TYPE

2.4 % Water and animal parks

16 % Other LD usage

Storage and production process In winter, the water levels in mountain streams are at their lowest. To reduce use in winter when water levels are at their lowest, Group resorts have made the e f fort to build hillside water catchment systems which can be used to store autumn rainwater and water from snow melts. The aim of these high-altitude water catchment systems is therefore to store water when there is a plentiful supply on the mountains. This levels out use from the area and provides a

1.7 % Other SA usage

79.8 % $UWLŮFLDO snow-making

100

Compagnie des Alpes I 2019 Universal registration document