Compagnies des Alpes // 2019 Universal Registration Document

4 STATEMENT OF NON FINANCIAL PERFORMANCE Environmental challenges

4.3.2.1 Direct energy footprint The Group’s energy consumption is 256 GWh.

The Leisure parks account for around 28% of the Group’s total electricity consumption, mainly in summer. Here too, the consumption is dependent on activity levels and relates to the number of days open, visitor numbers and site enhancement work (new attractions, new restaurants and creation of aquatic centres). Notes: At sites where we produce energy (electricity and heat), we can consume electricity bought in and equally supply the national grid (rather than consume our own energy). To provide us with the most realistic view possible of our impact, we use a “net” approach (electricity consumption bought in – energy supplied to the grid or a third party). For Parc du Futuroscope, for example, we have deducted from the consumption of electricity bought in by the park the electricity it has co-generated and re-injected into the electricity grid. This provides us with a net consumption fi gure. 4.3.2.1.2 Municipal heating Some of our sites use cooling or heating systems, consuming a total of 1.5 GWh over the fi scal year, and most of which o ff er an interesting energy mix and help keep the Group’s emissions low. 4.3.2.1.3 Fossil fuel consumption (petrol, diesel and fuel oil) Fossil fuels are the second largest energy source with a total of 5,850 m 3 , 92% of which is diesel. Diesel is mainly used for grooming machines, which account for 69% (in m 3 ) of total Group consumption of fossil fuels. This is followed by “other” consumption, which mainly concerns road vehicles (4WDs and service vehicles) and o f f-road vehicles (snowmobiles for example). There is currently no alternative traction systems available for the grooming machines. However electric snowmobile prototypes will be trialled in the 2019-2020 season.

BREAKDOWN OF GROUP ENERGY SOURCES (MWH)

0.6 % Municipal heating and cooling systems (Mwh)

12.9 % Gas (Mwh)

22.7 % Fossil fuels (MWh LHV)

63.8 % Electricity (Mwh)

4.3.2.1.1 Electricity Electricity represents the Group’s main energy vector, representing almost two-thirds of consumption (64%) and is used mainly to operate the ski lifts, rides, buildings, hotels, shops and restaurants. Total Group electricity consumption (1) was 163 GWh in 2018/2019, of which 72% was consumed by the Ski areas.

BREAKDOWN OF ELECTRICITY CONSUMED (MHH)

28 % Leisure parks

FUEL CONSUMPTION (M 3 )

0.3 % Skilifts and rides

4.9 % Fuel oil heating

72 % Ski Areas

3.3 % Petrol vehicles

There are many factors which a f fect the Ski areas’ electricity consumption: l for the ski lifts: type of installation, number of days the ski area opened, opening/closure of some sectors, visitor numbers which is weather-dependent and, to a lesser extent, climatic conditions such as wind; l snow-making related consumption is closely linked to the weather conditions, especially the levels of natural snowfall at the beginning of the season, and changes in the production infrastructure (accumulated production time, types of snow-making machines, altitude of the catchment systems, etc.). In this fi scal year, of the Group’s fi ve Ski areas that make arti fi cial snow (2) and record the corresponding electricity consumption separately, ski lifts accounted for 80% of total electricity consumption.

23 % Diesel vehicles

68.5 % Grooming machine

The fuel consumed by the grooming machines depends very much on the weather. Abundant natural snow throughout the season will increase the number of grooming machine hours. In contrast, the number of grooming machine hours fell across the Board in 2018- 2019 compared to the previous fi scal year. The Group has been working to optimise the grooming process for several years now, notably by

(1) Excluding consumption at Grévin Montreal and the Paris headquarters, because there are no individual electricity meters in place. (2) Does not include Sevabel and STGM, GMDS and STVI.

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Compagnie des Alpes I 2019 Universal registration document