Compagnie des Alpes - 2017 Registration Document

5 FINANCIAL INFORMATION

Parent-company financial statements

In accordance with the law, we have determined that the various information relating to the identity of holders of the share capital or voting rights have been presented to you in the management report. Information under other legal and regulatory obligations Appointment of the Statutory auditors Our mandates as Statutory auditors of Compagnie des Alpes were renewed by your Shareholders’ Meetings of 15 March 2016 for the firm Mazars and 15 March 2012 for the firm 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 its 27 th year, i.e. 20 and 24 years respectively since the company’s shares were listed for trading on a regulated market. Responsibilities of the management and the persons responsible for corporate governance with regard to the annual financial statements It is the responsibility of the management to prepare annual financial statements that present a true and fair view of the company in accordance with French accounting rules and principles, as well as to implement the internal control system it deems necessary to ensure the annual financial statements are free from material misstatements, whether due to fraud or error. At the time of preparation of the annual financial statements, it is the responsibility of the management to assess the company’s ability to continue its operations, to present in these financial statements, where applicable, the necessary information relating to business continuity and to apply the accounting concept of 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 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 procedures for preparing and processing accounting and financial information. The annual financial statements have been adopted by the Board of Directors. Responsibilities of the Statutory auditors regarding the audit of the annual financial statements Audit objective and approach It is our responsibility to prepare a report on the annual financial statements. Our objective is to obtain reasonable assurance about whether the annual 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 performed in accordance with professional standards of practice 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 the management of your company. A more detailed description of our responsibilities as Statutory Auditors regarding the audit of the annual financial statements is presented under “Additional information” in 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 committee, are the risks of material misstatement that we deem the most significant for the audit of the annual financial statements for the fiscal year and that consequently constitute the key points of the audit, which we must describe in this report. We also provide to the 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 by 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.

Neuilly-sur-Seine and Courbevoie, 23 January 2018 Statutory auditors

PRICEWATERHOUSECOOPERS AUDIT

MAZARS

Françoise Garnier-Bel

Gilles Rainaut

149

Compagnie des Alpes I 2017 Registration Document