Courbet Heritage · EURONEXT:MLCOU
Courbet Heritage — Ott Heritage Hospitality — Investor Presentation (March 2026)
20 slides from Courbet Heritage's investor presentation, March 2026
Slide 1: La Bourboule Grand Hôtel du Parc
LA BOURBOULE GRAND HOTEL DU PARC MARCH 2026 1
Slide 2: Ott Heritage Hospitality: Who We Are
A Leading European and American Developer Creating Landmark Destinations Expertise forged since the early 1990s in major turnaround situations and complex real estate development €4B+ of real estate portfolios developed across Europe 30+ years of experience across the principal OTT HERITAGE European
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Slide 5: Ott Heritage Hospitality Investment DNA
We Transform Commodity Hospitality into Experiential Destinations that Attract More Visitors, More Spending, and Greater Long-Term Value for Communities We invest in cities whose names are already known worldwide • La Bourboule, Cannes, Paris, Lourdes, Grasse, Magny Cours • International recognition
Slide 6: Investment Thesis: Revealing the Full Economic Value
A Historic Thermal Destination and Natural Tourism Hub Whose Hospitality Infrastructure Has Not Yet Caught Up with Demand La Bourboule occupies a unique position within the French tourism landscape as one of the historic thermal spa towns developed during the Belle Époque around volcanic mineral spr
Slide 7: Existing Visitation: A Major Tourism Flow
A Strong and Established Visitor Base That Creates Immediate Hospitality Demand The Massif du Sancy is one of the most visited mountain regions in central France, attracting large volumes of visitors throughout the year thanks to its combination of EXISTING nature tourism, winter sports, and wellnes
Slide 8: A Regional Tourism Engine: The Volcanoes of Auvergne
A Unique Natural Landscape Supporting One of France’s Most Distinctive Tourism Ecosystems The Auvergne volcanic region offers one of the most distinctive landscapes in France, combining dramatic geological formations, protected natural areas, and a wide range of outdoor recreational opportunities. •
Slide 9: Structural Demand for Wellness, Longevity and Nature
La Bourboule Lies at the Intersection of Three Major Global Tourism Trends Wellness Tourism Travel centered on physical and mental well-being • Wellness tourism has become one of the fastest growing segments of the global travel industry, as travelers increasingly prioritize environments that suppor
Slide 10: Proven Demand Across All Four Seasons
The Convergence of These Three Major Global Tourism Trends Creates a Structural Demand Base Capable of Supporting Modern Hospitality Throughout the Year. A Diversified Four-Season Demand Profile Winter Tourism • Le Mont-Dore Ski Resort – 6 km / ~10 minutes from La Bourboule, offering more than 30 al
Slide 11: A Structural Undersupply of Modern Hotel Offering
An Established Tourism Destination Served Primarily by Aging and Fragmented Hospitality Assets While the region benefits from strong tourism demand, the local accommodation market remains largely dominated by small independent hotels developed decades ago. • The majority of hotels in La Bourboule an
Slide 12: Restoring a Belle Époque Landmark into a Modern Wellness Hotel
Repositioning the Grand Hôtel du Parc as the Flagship Hospitality Asset of the Auvergne Volcano Region The Grand Hôtel du Parc represents a rare opportunity to restore and reposition one of the historic landmarks of La Bourboule’s thermal heritage into a contemporary four-star hospitality asset. • O
Slide 13: Lionel Erbibou, Founding Partner at Studio Boaz
An Architect Partner who Turns Vision into Concrete Achievements through Commitment, Adaptability, and Creativity For twenty years, we have supported our partners in construction projects and brand development initiatives. Moving forward together requires defining a framework that guarantees a share
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Slide 20: Disclaimer
This presentation has been prepared by Ott Heritage Hospitality (the “Company”) solely for informational purposes in connection with a potential financing and does not constitute, nor form part of, an offer to sell or issue, or a solicitation of an offer to buy or subscribe for, any securities or ot
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