Sustainability at Vail Resorts

Randy Mehrberg – EVP & General Counsel

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Energy Conservation

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Target 10% The Next 10

Launched in 2008

10% Energy Reduction Goal vs. 2008 Baseline

Achieved 10.75%

10.75% Reduction in Electricity and Natural Gas by

FY11

Actions Taken

Data Collection, Education, Behavioral Changes, and

Small Capital Projects

Energy Saved

Enough to Power 1,900 Avg. U.S. Homes for a Year

Saved $2.75MM

Launched in 2012

Additional10% Energy Savings vs. 2011 Baseline

Achieved 6.42%

6.4% Reduction in Electricity and Natural Gas in First

Two Years, approx. 1,423 Avg. U.S. Homes

Actions Taken

Large Projects to Upgrade Equipment Efficiency

Significant , Strategic Capital Investment Required

Building PartnershipsENERGY STAR

Xcel Energy

Holy Cross Energy

Snowmaking

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Smarter Energy

New Compressors Use Half The

Electricity

Better Snow

Can Open More Terrain, Earlier

Grooming

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GPS Telematics Has Reduced Fuel Use per Groomed Acre by 28%