CDA - Minutes of the CGM of 14 march 2024

MINUTES OF THE COMBINED GENERAL MEETING OF 14 MARCH 2024 AND BUSINESS REVIEW

Paris, March 14, 2024 – The Compagnie des Alpes Combined Annual General Meeting was held on Thursday 14 March at 2.30pm at the Théâtre Mogador, 25 rue de Mogador - 75009 Paris

With shareholders physically present and those represented or voting by post, the Meeting reached a quorum of 76.4%.

All the resolutions on the agenda were broadly approved, and the results of the votes can be consulted on the company's website, in the General Meeting section.

The dividend proposed by the Board of Directors (0.91 € per share, an increase of 10% on the previous year) was approved and will be detached from the share on 20 March and paid on 22 March 2024.

During the debates at the General Meeting, the following points were also made:

•       Ski resorts and outdoor activities performed very well this winter, and the trend announced at the end of the Christmas school holidays continued through the heart of the season,

•       For leisure parks, after a stable Halloween season and a very busy Christmas period, the vast majority of sites were closed in January and February, in line with their calendars.,

•       The reopenings will take place between the end of March and the beginning of April, with a rich programme of new attractions (35th anniversary of Parc Astérix, Mundo Amazonia, etc.).

At the meeting, the Group also discussed the agreement signed yesterday with the shareholders of Soccer 5 France SAS, the parent company of the Urban group (UrbanSoccer/UrbanPadel), to acquire 86.5% of the capital of the leading 5-a-side football centre and co-leader of padel in France.

Following the Annual General Meeting, the Board of Directors met and took note of the following matters: •       Renewal of the Director's mandate of Paul-François Fournier, •    The re-election of Arnaud Taverne as Director.

•       The appointment of Alpes du Nord Aménagement Touristique (ANAT) as a Director,

•       The appointment of KPMG SA as joint Statutory Auditor to replace PricewaterhouseCoopers Audit, whose term of office had expired.

This press release contains forward-looking statements regarding the outlook and growth strategies of Compagnie des Alpes and its subsidiaries (the "Group"). These statements include indications regarding the Group's intentions, strategies, growth prospects, and trends concerning its operational results, financial situation, and cash position. While these indications are based on data, assumptions, and estimates that the Group considers reasonable, they are subject to numerous risk factors and uncertainties, and as a result, actual results may differ from those anticipated or implied by these statements due to various factors, including those described in documents filed with the Autorité des marchés financiers (AMF) available on the Compagnie des Alpes website (). The forward-looking information in this press release reflects the Group's expectations as of the date of this document. Unless required by law, the Group expressly declines any obligation to update these forward-looking statements in light of new information or future developments.

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Upcoming releases in 2023/2024: 

•         2023/2024 2^nd quarter sales:                                                           Tuesday, April 23, 2024, after stock market

•         2023/2024 1^st half sales:                                                  Thursday, May 23, 2024, after stock market

www.compagniedesalpes.com

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