Compagnie des Alpes - 2017 Registration Document

5 FINANCIAL INFORMATION

Consolidated financial statements

Information under other legal and regulatory obligations Appointment of the statutory auditors Our mandates as Statutory Auditors of the Compagnie des Alpes were renewed by your Shareholders’ Meetings of 15 March 2016 for Mazars and 15 March 2012 for PricewaterhouseCoopers Audit. On 30 September 2017, the firm Mazars was in the 20 th year of its mission without interruption and the firm PricewaterhouseCoopers Audit was in the 27 th year, i.e. 20 and 24 years respectively since the company’s shares of were listed on a regulated market. Responsibilities of the management and persons responsible for corporate governance with regard to the consolidated financial statements It is the responsibility of the management to prepare consolidated financial statements that present a true image in accordance with the IFRS standards as adopted in the European Union and to set up the internal control it deems necessary to the preparation of consolidated financial statements and to ensure that they are free of material misstatements, whether these result from fraud or error. At the time of preparing the consolidated financial statements, it is the responsibility of the management to assess the company’s ability to continue its operation, to present in these financial statements, where applicable, the necessary information relating to business continuity and to apply the accounting concept of a going concern, except where the company plans to liquidate or cease trading. It is the responsibility of the audit committee to monitor the process by which the financial information is prepared and the efficiency of the internal control and risk management systems, as well as, where applicable, that of the internal audit, with regard to the procedures for preparing and processing accounting and financial information. The consolidated financial statements have been approved by the Board of Directors. Responsibilities of the Statutory Auditors regarding the audit of the consolidated financial statements Audit objective and approach It is our responsibility to prepare a report on the consolidated financial statements. Our aim is to obtain reasonable assurance that the consolidated financial statements, taken as a whole, are free from material misstatement. Reasonable assurance corresponds to a high level of assurance, but does not guarantee that an audit carried out in accordance with the professional standards will systematically detect all material misstatements. Misstatements can arise due to fraud or error and are considered to be material if they, individually or in the aggregate, could be reasonably expected to influence the economic decisions of users taken on the basis of the financial statements. As stated in Article L.823-10-1 of the French Commercial Code, our duty to certify the financial statements does not consist of guaranteeing the viability or quality of management of your company. A more detailed description of our responsibilities as Statutory Auditors regarding the audit of the annual financial statements is given in the appendix to this report and forms an integral part thereof. Report to the audit committee We provide a report to the audit committee which notably presents the scope of the audit and the programme of work carried out, as well as the conclusions arising from our work. We also draw the attention of the committee, where applicable, to significant weaknesses in the internal control system that we have identified concerning procedures for the preparation and processing of accounting and financial information. Among the information presented in the report to the audit committeen are the risks of material misstatements that we deem the most significant for the audit of the consolidated financial statements for the fiscal year and that consequently constitute the key points of the audit, which we must to describe in this present report. We also provide to audit committee the declaration referred to in Article 6 of Regulation (EU) No. 537-2014 confirming our independence, within the meaning of the rules applicable in France such as they are set out Articles L.822-10 to L.822-14 of the French Commercial Code and in the French Code of Ethics for Statutory auditors. Where applicable, we discuss any risks that may threaten our independence and the safeguard measures applied with the audit committee.

Signed in Neuilly-sur-Seine and Courbevoie 23 January 2018 Statutory auditors

PRICEWATERHOUSECOOPERS AUDIT

MAZARS

Françoise Garnier-Bel

Gilles Rainaut

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Compagnie des Alpes I 2017 Registration Document