One partner, EVERY PROJECT TELLS A STORY

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O n e p a r t n e r, m a n y s o l u t i o n s 1

Ernesto Bassetti Vice-President MND Group Xavier Gallot-Lavallée President Chief Executive Officer MND Group Roland DIDIER Managing Director MND Group One partner, many solutions EVERY PROJECT TELLS A STORY Nothing can be achieved without shared enthusiasm. Every one of our group s projects is a story in itself, a collective adventure in skill diversity is a strength. Audacity and innovation are combined with a results-oriented culture and pragmatism. The place, the constraints, and the technologies implemented are different every time, but one thing remains the same: the importance of human relationships and expertise, our passion to innovate with our partners and to develop ever more effective and long-lasting solutions. The experience of developing mountain areas to enhance the safety, recreational activities and mobility of men and women around the world. In the heart of the Alps, MND Group brings together complementary areas of expertise. As a player within a French sector of excellence, the group is a leading industrial partner in the fields of mobility, safety and recreational activities. Seamless and innovative development for cable transport infrastructure, security processes, snow cover systems and high-adrenaline leisure facilities requires a comprehensive approach. This industrial vision is a useful and efficient way of responding to multiple points of contact to facilitate their projects and to satisfy end users. It enables MND Group to operate on all the major international markets. 2 3 ONE PARTNER, MANY SOLUTIONS 3 ONE PARTNER, MANY SOLUTIONS

The spirit of the group Our ambition Our core businesses Wherever they operate, on all continents and at all levels of intervention, the women and men at MND Group have a shared mission with three major areas of focus: Cable transport infrastructure: LST Snow cover systems: SUFAG CLIENT EXPERIENCE OPERATIONAL EXCELLENCE COMMITTED EMPLOYEES Safety, performance and comfort LST is a major player in cable transport. Its innovative solutions are designed for mountain resorts, industry and urban areas in search of new collective transport. Mastery of all snow technology As a longstanding player on the snow-making system market, SUFAG plays a major role. As an official partner of the FIS International Ski Federation, the company provides turnkey equipment for resorts around the world. Our key figures 2017-2018 * STOCK EXCHANGE 370 EMPLOYEES TURNOVER 87, 6 M 15% INCREASE 3000 CUSTOMERS IN 49 COUNTRIES 4 NEW REGISTERED PATENTS IN 2017 66% EXPORTS TURNOVER R&D 7% OF TURNOVER 8 DISTRIBUTION SUBSIDIARIES *July 2018 Security processes: MBS and TAS World Cup or recreational skiing: security from MBS MBS is the world leader in securing and developing ski areas, sports venues and recreational areas. Natural Risk protection and prevention: TAS is the world leader in prevention systems for avalanche risk management. The company also propose a Monitoring range of products (surveillance decision-making systems and avalanche detection solutions) to better anticipate and prevent natural events. High-adrenaline leisure facilities: TECHFUN Thrill creator TECHFUN specialises in outdoor recreational facilities : fourseason alpine coasters, tubing, ziplines, adventure tours, via ferratas, footbridges, observation points, adventure parks and more. The company creates and installs this equipment indoors and out. ONE PARTNER, MANY SOLUTIONS 4 5 ONE PARTNER, MANY SOLUTIONS

A cable stretched between alpine peaks and the city LST has designed and manufactured cable transport systems for ski resorts for 30 years. Today, its expertise also extends to urban areas, providing cities with efficient, economical and sustainable mobility solutions. Nicolas CHAPUIS General Manager LST La Plagne, France Advance analysis for operations with peace of mind Before designing any equipment, LST s priority is to meet the criteria required by its partners in terms of performance and attractiveness. Technical assistance guarantees reliable and long-lasting equipment, used in optimal operating conditions, whether in the mountains or in tourist, urban or industrial areas. Products and services In ski resorts, tailor-made ski lifts: chairlifts and fixed and detachable gondola lifts, cable cars, funiculars, platter lifts, conveyor belts, galleries and more. LST also works in the industrial sector to transport materials on sites which are difficult to access. The latest 6-seater detachable chairlift delivered to La Plagne is a prime example of new technologies patented by LST. Performance, safety, operations: everything was improved. This new-generation equipment reinforces the links between MND Group and La Société d Aménagement de la Plagne, a subsidiary of La Compagnie des Alpes, the world s leading ski area operator. In urban areas, LST offers a wide range of alternatives to rail-based public transport, such as CABLINE, with cabins which travel quickly and very comfortably above the cables. www.lsturbanropeways.eu 6-SEATER DETACHABLE CHAIRLIFT MANY PATENTS FILED AN EXPERT FOR 30 YEARS SYSTEMS AROUND THE WORLD LST / Cable transport infrastructure 6 7

Guaranteed snow cover for total peace of mind For more than 50 years, we have continually improved our high standards of snow cover for ski areas. The «snow guarantee» of SUFAG s technological expertise helps resorts to cope with climatic uncertainty, a major challenge in all mountain ranges. SUFAG constantly adapts its processes to guarantee snow quality and energy efficiency. Vincent DOUILLET General Manager SUFAG Choosing the best technology for every situation Expertise, reliability, efficiency: these three words sum up SUFAG. It s the result of the merger of three internationally renowned companies (Areco and Snowstar). SUFAG combines the valuable expertise of each company to offer the most advanced range of snow-making solutions, providing the most efficient solution for every situation. Years of experience and partnerships in mountain ranges across the globe have enhanced its very detailed knowledge of the needs of every type of resort. SUFAG s challenge: reconciling its position as a leading company and an efficient local service. Wanlong, China Bespoke products and services 2 PRODUCTION SITES 25 000 PRODUCT PART- SNOW GUNS NER The quality of the snow produced by SUFAG s snow guns, whatever the temperature, is universally acknowledged. It is the result of extremely fine spray, which is perfectly suited to recreational and sport venues. Beyond their excellent performance, SUFAG products offer user-oriented ergonomics and design. Their installation, operation and maintenance have been designed for maximum simplicity and the solid nature of their components guarantees a longevity which is essential for ski resorts. To guide their partners when choosing snow gun models, SUFAG estimates their investment and operating costs to ensure that the equipment can adapt to peak usage of ski slopes, developments in snow sports and the need to control management costs. In addition, SUFAG is always there to provide its partners with international technical support for training and assistance. MND Group is working with Wanlong, a pioneering and leading resort in China. 110 miles from Beijing, it is in the center of the 2022 Winter Olympics area and is close to Zhangjiakou, where MND s Chinese subsidiary is based. This contract includes the extension and automation of the snow-making system, with more than 350 automatic low-pressure snow guns, a first in China. + 350 SNOW GUNS ST AUTOMATIC SYSTEM IN CHINA 8 9 SUFAG / Snow cover systems

A perfect management of the snow for total safety Reducing the risk of avalanches by triggering them preventively, protecting competitors or recreational skiers: two essential issues which require a perfect mastery of the snow. Number one worldwide in preventive triggering systems without explosives, TAS secures ski slopes, access roads and mining facilities too. The brand also offers a monitoring system for comprehensive monitoring of the snowpack, essential for slope management. MBS is a major global player in the development and protection of recreational slopes and competitions. Julien Noël General Manager MBS At the heart of major events Responsive and available, the TAS and MBS teams put their expertise to use on ski slopes around the world. The quality of their systems has won them considerable credentials in the organization of major sporting events. Both brands work closely with their partners, from consulting and maintenance to designing, manufacturing and installing equipment. Rosa Khutor, Russia Louis Noël General Manager TAS Our range of products and services 2 800 TRIGGERING SYSTEMS 1200 EQUIPPED RESORTS TAS guarantees the safety of tourists and staff working in ski areas and on industrial sites with remote avalanche control systems. The brand uses a unique and patented technology: the explosion of a gas mixture which is both safe and efficient. These fixed, removable or mobile (helicopter-borne) systems are unique on the market. In addition to these systems, TAS offers an entire range of avalanche barriers to retain the snowpack. MBS secures resorts for skiers with safety nets, mattresses, snow barriers, banners and more. The brand also produces specific equipment for high-level competitions, sports clubs and ski schools, as well as fun recreational areas such as «snow playgrounds». MND Group contributed significantly to the equipment in Rosa Khutor, the 2014 Winter Olympic Games resort which was developed in record time in the Caucasus forest. TAS and MBS provided avalanche protection for the site and ensured the safety of the race slopes. LST also delivered a ski lift to extend the skiing area. 68 GAZEX 8 KM OF «A» NETS 10 11 MBS - TAS / Security processes

thrill creator With Techfun, your customers can experience unique thrills and go beyond their comfort zones, all in complete safety. Profitable and environmentally friendly, these activities diversify a site s tourist attractions and increase its appeal. Pierre METAYER General Manager TECHFUN Innovative concepts TECHFUN works in a wide range of settings to provide innovative activities, such as fun coasters (toboggans on rails) which are exciting, enjoyable and safe. TECHFUN s equipment helps friends and families to spend time together, adults and children alike. TECHFUN concepts provide a diversification in tourism facilities and enhance its partners recreational sites. Our range of products and services Outdoor equipment For a descent: Funcoasters (alpine coasters on rails), summer toboggan runs, tubing pistes, Bob Kart tracks. For an ascent: giant ziplines, multi-activity adventure tours, via ferratas, suspension bridges, observation points, high adventure parks. Indoor equipment : urban adventure trails. Our services include Undertake turnkey projects, from master planning to implementation. Innovate, design and manufacture adapted solutions, thanks to our mechanical design office. Install with our own installation teams. Geilo, Norway The first zip-line in the world with a pylon was installed by TECHFUN in Geilo Skisenter. Users can travel without having to unhook - the intermediate pylon gives the cable an inflection point. For guaranteed adrenaline over 1.2 kilometers, with a slope of 22.4% and speeds of over 90 km per hour! UP TO 35% EXTREME SLOPES A WORLD FIRST TYROLIENN FLY PLUNGE LUGE ASCEND VIA TECHFUN / HIGH-ADRENALINE Leisure facilities 12 13

A few examples from around the world TAS Kootenay Pass / Canada Between 1993 and 2015, no fewer than 24 Gazex exploders, spread across five different gas plants, were installed to secure the roads, in winter, under the responsibility of BC MoT (British Columbia - Ministry of Transportation). Techfun Luchon footbridge / france Created, manufactured and installed by TECHFUN for the Communauté des Pays de Luchon, a 35 m long footbridge is anchored into rock 31 m above the river Pique. This footbridge invigorates the area s tourist appeal, reopening a path popular with hikers. LST Montmartre / Paris / FRANCE At the request of the RATP, LST has completely renovated the two lines of the Montmartre funicular. Cabins, engines, brakes, batteries, automation: everything was serviced in a very short time. From the mountains to the heart of Paris, expertise in cable transport is put to use for the pleasure and safety of thousands of tourists. MBS / LST / TECHFUN / SUFAG Snowland / CHINA The contract signed by the new resort of Snowland and MND includes the design and completion of this new «four seasons» site, 130 kilometers from Beijing. Ski lifts, snow cover for 55 kilometers of slopes, safety and signage equipment and leisure activities with a decidedly outdoor feel: a great example of a comprehensive initiative. TAS Mining site / CHILE Codelco, the state mining company, relies on TAS to avoid any interruption of operations on its sites in the Andes. El Teniente, an open-pit copper mine, has an avalanche triggering system with Gazex exploders to protect people and facilities. TAS / MBS / LST / SUFAG Waterville / New Hampshire / UNITED STATES MND has provided equipment for Waterville, a leading resort on the East Coast of America, for $5m. SUFAG has updated its snow guns with 500 automated towers, LST has installed two conveyor belts and a ski lift, MBS has secured and demarcated the slopes. The installation of recreational equipment by TECHFUN is under consideration. MND s local subsidiary, key to the project, provides the after-sales service for this open-air showroom. SUFAG Les Grands Montets / Alps / FRANCE SUFAG guarantees the snow cover of many resorts in the Chamonix Valley. For 20 years, the company has worked to improve the fleet of snow guns in Les Grands Montets. In 2017, it added 10 fans mounted on 4m-high towers to produce plentiful, high quality snow. In Le Brévent, SUFAG renovated an artificial snow network, which is close to residents homes, with silent snow towers. MBS Criterium Val d Isère / france As a partner of multiple international competitions, every year MBS secures the slopes of the Critérium de la Première Neige race in December which opens the Alpine Ski World Cup in Val d Isère. Helicoptered equipment includes nets, gate poles, finish lines and new mattresses. DISTRIBUTION SUBSIDIARIES MND AUSTRIA - Innsbruck - AUSTRIA MND ITALIA - Brescia - ITALY MND IBERIA - La Seu d Urgell - SPAIN MND SVERIGE - Ostersund - SWEDEN MND SWISS - Baar - SWITZERLAND MND TURKEY - Ankara - TURKEY MND AMERICA - Eagle - USA MND CHINA - Beijing / Zhangjiakou - CHINA MEMBERS PARTnErS LABELS Certification Find all the contact information for our subsidiaries and distributors on mnd-group.com ONE PARTNER, MANY SOLUTIONS 14 15 ONE PARTNER, MANY SOLUTIONS

EN One partner, many solutions ANNECY MND Group / Fotolia : Netzer Johannes / Semaphore / Zoom Agency - 07/18 Parc d Activités Alpespace - 74 voie Magellan - 7380016Sainte Hélène du Lac - France - www.mnd-group.com