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Epic Pass FAQ

Essential Q&A for Peak Resorts Becoming Epic

Disclaimer: Resort access and benefits at Peak Resorts are subject to closure of the transaction, expected to close in the Fall of 2019.

VAIL RESORTS' ACQUISITION OF Peak Resorts and Access on Vail Resorts' Season Passes:

What are the details of Vail Resorts' acquisition of Peak Resorts?
Vail Resorts has entered into a definitive merger agreement to acquire 100 percent of the
outstanding stock of Peak Resorts, Inc. (NASDAQ: SKIS) at a purchase price of $11.00 per
share, subject to certain conditions, including regulatory review and Peak Resorts' shareholder approval.

When will the acquisition of Peak Resorts be complete?
The acquisition remains subject to Peak Resorts shareholder approval and regulatory review. Peak Resorts expects the acquisition will be completed in the Fall of 2019.

Which resorts are included in Vail Resorts’ acquisition of Peak Resorts?  
Through the acquisition of Peak Resorts, and following regulatory review and completion of the transaction, Vail Resorts will add 17 U.S. ski areas to its network of world-class resorts. Located near major metropolitan areas, including New York, Boston, Washington, D.C., Baltimore, Philadelphia, Cleveland, Columbus, St. Louis, Kansas City and Louisville, the resorts include: 


  • Mount Snow in Vermont
  • Hunter Mountain in New York
  • Attitash Mountain Resort, Wildcat Mountain and Crotched Mountain in New Hampshire
  • Liberty Mountain Resort, Roundtop Mountain Resort, Whitetail Resort, Jack
  • Frost, and Big Boulder in Pennsylvania
  • Alpine Valley, Boston Mills, Brandywine, and Mad River Mountain in Ohio
  • Hidden Valley and Snow Creek in Missouri
  • Paoli Peaks in Indiana

Following regulatory review and completion of the transaction, which Vail Resorts' passes will provide skiing and riding at Peak Resorts?There are five Epic Products that will provide skiing and riding access to the 17 Peak Resorts ski areas following regulatory review and completion of the transaction:

  • Epic Pass™ : For $939 for adults and $489 for children (ages five to 12), the Epic Pass
    offers the following access and benefits:
    • Unlimited, unrestricted access to: Whistler Blackcomb, Vail, Beaver Creek, Breckenridge, Keystone, Crested Butte, Park City, Heavenly, Northstar, Kirkwood, Stowe, Okemo, Mount Sunapee, Stevens Pass, Afton Alps, Mt. Brighton, and Wilmot in North America. The Epic Pass also includes access to Perisher, Falls Creek, and Hotham in Australia. 
    • Additional unlimited, unrestricted access (subject to regulatory review and completion of the transaction) at:  Mount Snow, Attitash, Wildcat, Crotched, Hunter Mountain, Liberty, Roundtop, Whitetail, Jack Frost, Big Boulder, Alpine Valley, Boston Mills, Brandywine, Mad River, Hidden Valley, Snow Creek, Paoli Peaks.
    • Limited access to partner resorts, including: seven days at each of Telluride, Sun Valley, Snowbasin, and the Resorts of the Canadian Rockies; five consecutive days at Hakuba Valley, Japan’s ten ski resorts; five consecutive days at Japan’s Rusutsu Resort. The Epic Pass also grants limited access to Les 3 Vallées in France; 4 Vallées in Switzerland; and Skirama Dolomiti in Italy. 
    • Discounted Tickets: Six "Ski With A Friend" discounted tickets.

  • Epic Local Pass™ : The Epic Local Pass offers the following access and benefits:
    • Unlimited, unrestricted access to: Breckenridge, Keystone, Crested Butte, Okemo, Mount Sunapee, Stevens Pass, Afton Alps, Mt. Brighton, and Wilmot.
    • Additional unlimited, unrestricted access (subject to regulatory review and completion of the transaction) at: Mount Snow, Attitash, Wildcat, Crotched, Hunter Mountain, Liberty, Roundtop, Whitetail, Jack Frost, Big Boulder, Alpine Valley, Boston Mills, Brandywine, Mad River, Hidden Valley, Snow Creek, Paoli Peaks.
    • Unlimited access with holiday restrictions to: Park City, Heavenly, Northstar,
      Kirkwood, and Stowe.
    • 10 total days combined (with holiday restrictions) at: Vail, Beaver Creek, and
      Whistler Blackcomb.
    • Limited access to partner resorts, including: two days (with limited holiday
      restrictions) at Sun Valley; two days (with limited holiday restrictions) at
      Snowbasin; and five total consecutive days with no blackout dates at Hakuba
      Valley's ten ski resorts in Japan; and five total consecutive days with no blackout
      dates at Rusutsu Resort.
    • Discounted Tickets: Six "Ski With A Friend" discounted tickets.

  • Military Epic Pass™ : The Military Epic Pass offers the following access:
    • Unlimited, unrestricted access to: Whistler Blackcomb, Vail, Beaver Creek, Breckenridge, Keystone, Crested Butte, Park City, Heavenly, Northstar, Kirkwood, Stowe, Okemo, Mount Sunapee, Stevens Pass, Afton Alps, Mt. Brighton, and Wilmot in North America. The Military Epic Pass also includes access to Perisher, Falls Creek, and Hotham in Australia. 
    • Additional unlimited, unrestricted access (subject to regulatory review and completion of the transaction) at: Mount Snow, Attitash, Wildcat, Crotched, Hunter Mountain, Liberty, Roundtop, Whitetail, Jack Frost, Big Boulder, Alpine Valley, Boston Mills, Brandywine, Mad River, Hidden Valley, Snow Creek, Paoli Peaks.

  • Epic Day Pass: Announced earlier this year, the Epic Day Pass provides unprecedented flexibility and season pass discounts to guests skiing as little as one day. With the customizable pass, guests can unlock discounts of up to 50 percent off lift ticket window prices by selecting the number of days they plan to ski or ride – from one day to seven days – and whether or not to add holiday access. The Epic Day Pass provides the following access and benefits:
    • Specified number of days to: Whistler Blackcomb, Vail, Beaver Creek, Breckenridge, Keystone, Crested Butte, Park City, Heavenly, Northstar, Kirkwood, Stowe, Okemo, Mount Sunapee, and Stevens Pass.
    • Additional access (subject to regulatory review and completion of the transaction) at: Mount Snow, Attitash, Wildcat, Crotched, Hunter Mountain, Liberty, Roundtop, Whitetail, Jack Frost, Big Boulder, Alpine Valley, Boston Mills, Brandywine, Mad River, Hidden Valley, Snow Creek, Paoli Peaks.
    • Partner access: For guests purchasing four or more days of access, they may also use days purchased to access Telluride, Sun Valley, Snowbasin and Resorts of the Canadian Rockies.   
    • Bonus Days: the Epic Day Pass includes free bonus days to match total days purchased that can be used at Wilmot, Mt. Brighton or Afton Alps.

  • Epic Australia Pass: Existing 2019 Epic Austalia pass holders will receive the following access for the 2019/20 season:
    • Unlimited, unrestricted access to: Perisher, Hotham, and Falls Creek during the 2019 season and access to Breckenridge, Keystone, Crested Butte, Okemo, Mount Sunapee, Stevens Pass, Afton Alps, Mt. Brighton, and Wilmot for the 2019/20 season.
    • Additional access (subject to regulatory review and completion of the transaction) at: Mount Snow, Attitash, Wildcat, Crotched, Hunter Mountain, Liberty, Roundtop, Whitetail, Jack Frost, Big Boulder, Alpine Valley, Boston Mills, Brandywine, Mad River, Hidden Valley, Snow Creek, Paoli Peaks.
    • Unlimited access with  restrictions to: Park City, Stowe, Heavenly, Northstar and Kirkwood.
    • 10 total days combined (with holiday restrictions) at: Vail, Beaver Creek, and Whistler Blackcomb.
    • Limited access to partner resorts, including: Five total consecutive days with no blackout dates at Hakuba Valley Japan's ten ski resorts; and five total consecutive days with no blackout dates at Rusutsu Resort.

Additionally, the Whistler Blackcomb 5 and 10 Day Edge Cards will continue to offer limited
access to any of Vail Resorts' iconic ski resorts, including the 17 Peak Resorts.

  • Whistler Blackcomb 5 & 10 Day Edge Cards: Available to residents of Canada and Washington state, the 5 and 10 Day Whistler Blackcomb EDGE Cards include the option to use up to two of the 5 days included on the 5 Day Edge Card and up to three of the 10 Days included on the 10 Day Edge Card at any of Vail Resorts’ other owned iconic ski resorts.  Access at the 17 new Peak Resorts ski areas is subject to regulatory review and completion of the transaction.

2019/20 Epic Pass and other Vail Resorts Season Pass Details:

Following completion of the transaction, which Vail Resorts season pass products will give me access to Peak Resorts ski areas for the 2019/20 season?
The Epic Pass, Epic Local Pass, Military Epic Pass, Epic Day Pass, and Epic Australia Pass will provide access to all Peak Resorts ski areas pending close of the transaction.  

Are Peak Resorts access and benefits on Vail Resorts Season Passes contingent on the completion of the transaction?
Yes, unlimited access to Peak Resorts ski areas as well as benefits on Epic Pass, Epic Local Pass, Military Epic Pass, Epic Day Pass, and Epic Australia Pass are contingent on the completion of the transaction.  

If I already purchased my Epic Pass, Epic Local Pass, Military Epic Pass, Epic Day Pass, or Epic Australia Pass do I need to do anything to add Peak Resorts ski area access?
No, if you have already purchased an Epic Pass, Epic Local Pass, Military Epic Pass, Epic Day Pass, or Epic Australia Pass you will receive access to all Peak Resorts ski areas for the 2019/20 season if and when the acquisition is completed.  We expect to close in the Fall of 2019. There is no additional cost and your pass will automatically be valid at these 17 resorts.

Will night skiing and riding at Peak Resorts ski areas cost extra on Vail Resorts pass products?
No, pending completion of the acquisition, night skiing will be included at all eligible resorts for free on the Epic Pass, Epic Local Pass, Military Epic Pass, Epic Day Pass and Epic Australia Pass.

I have purchased both a Peak Resorts season pass product AND an Epic pass product.  Can I get a refund?
Refunds of your Peak Resorts season pass products will be accepted following completion of the acquisition.  More information on process for receiving refunds on Peak Resorts season pass products to be announced after completion of the acquisition.

Will EpicMix be available at Peak Resorts ski areas in the 2019-2020 season?
No. EpicMix is only available at these resorts: Stowe in Vermont; Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Whistler Blackcomb in British Columbia, Canada; Park City in Utah; Heavenly, Northstar and Kirkwood in Tahoe; Afton Alps in Minnesota and Mt. Brighton in Michigan. 

2019/20 Peak Resorts Pass Details, assuming completion of the transaction:

If I already purchased a Peak Resorts season pass, will they still be eligible for skiing and riding in the 19/20 season?
Yes. For the 2019-20 season, Vail Resorts will honor all Peak Resorts pass products.  Peak Resorts’ pass holders will have the option to exchange to an Epic Pass or Epic Local Pass, following completion of the transaction.

Is the 2019/20 Peak Resorts season pass product offering going to remain available for purchase?
Yes. For the 2019-20 season, Vail Resorts will honor and continue to sell all Peak Resorts pass products.

Is the 2019/20 Peak Resorts dining card product offering going to remain valid?
Yes. Dining card products sold with season passes will remain valid for the 2019/20 season. 

I own a Lifetime Pass at a Peak Resort ski area, will this product continue to be honored?
For the 2019-20 season, Vail Resorts will honor all Peak Resorts' Lifetime Passes.  

If I keep my Peak Resorts pass, do I need a new pass card? 
Exact pass card requirements and process will be released after the close of the acquisition.

Will the age categories for the Peak Resorts products remain the same?
Yes, skier age categories for Peak Resorts products will remain the same for the 2019/20 season as currently posted on peakpass.com.  

Are Peak Resorts passes eligible for Auto Renew?
No. Peak Resorts passes are not eligible for Auto Renew. 

If I exchange my Peak Resorts pass for an Epic Pass, can I keep my benefits?
If you exchange passes, your benefits will change as well.

Changing or Upgrading Products: 

If I bought a Peak Resorts pass product, am I entitled to a refund?
No.   However, we will be allowing pass holders who purchased a Peak Resorts pass product to exchange their pass for another product, should they want to.  More information on process for exchanging pass products to be announced after completion of the acquisition.

If I purchased Peak Resorts season pass product already can I exchange for a pass that has access to other resorts? 
Yes, assuming completion of the acquisition you will be able to exchange for a season pass that includes all resorts such as the Epic Pass.

How do I exchange my Peak Resorts season pass product for an Epic season pass product?
More detail on process for the exchange of Peak Resorts season pass products to be announced on after the close of the acquisition.

Can I keep my Peak Resorts season pass product? 
Yes, you can keep your Peak Resorts season pass products with the same benefits for the 2019/20 season only. Season pass products for the 2020/21 ski season will be announced at a later date.

If I purchased my Peak Resorts season pass in Spring and I now want to upgrade to an Epic Pass, can I get the same Epic Pass price and benefits from May?
You will receive current benefits and will be charged or refunded the difference in price based on the day of the exchange.  

For more information regarding Epic Pass Products including access and benefit updates expected after close of the acquisition, visit https://www.snow.com/info/peak-resorts-faq

Additional Information and Where to Find It

In connection with the proposed merger, Peak Resorts, Inc. (the “Company”) will file a preliminary proxy statement and file or furnish other relevant materials with the Securities and Exchange Commission (the “SEC”). Once the SEC completes its review of the preliminary proxy statement, a definitive proxy statement and a form of proxy will be filed with the SEC and mailed or otherwise furnished to the shareholders of the Company. BEFORE MAKING ANY VOTING DECISION, THE COMPANY’S SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT, IF ANY, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER AND THE PARTIES TO THE PROPOSED MERGER. THIS COMMUNICATION IS NOT A SUBSTITUTE FOR THE PROXY STATEMENT OR ANY OTHER DOCUMENT THAT MAY BE FILED BY THE COMPANY WITH THE SEC.
 
Investors and shareholders may obtain a free copy of documents filed by the Company with the SEC at the SEC’s website at www.sec.gov. In addition, investors and shareholders may obtain a free copy of the Company’s filings with the SEC from the Company’s website at www.peakresorts.com or by directing a request by mail or telephone to: Peak Resorts, Inc., 17409 Hidden Valley Drive, Wildwood, Missouri 63025, Attention: Corporate Secretary, (636) 938-7474.
 
Participants in the Solicitation

 
The Company, Vail Resorts, Inc. (“Vail Resorts”) and certain of their respective directors, executive officers, certain other members of management and employees of the Company and Vail Resorts and agents retained by the Company may be deemed to be participants in the solicitation of proxies from shareholders of the Company in favor of the proposed merger. Information about directors and executive officers of the Company and their beneficial ownership of the Company’s common stock is set forth in the Company’s definitive proxy statement on Schedule 14A for its 2018 annual meeting of shareholders, as filed with the SEC on August 28, 2018. Certain directors, executive officers, other members of management and employees of the Company may have direct or indirect interests in the proposed merger due to securities holdings, vesting of equity awards and rights to severance payments. Additional information regarding the direct and indirect interests of these individuals and other persons who may be deemed to be participants in the solicitation will be included in the proxy statement with respect to the merger the Company will file with the SEC and furnish to the Company’s shareholders.
 
Forward-Looking Statements
 
Statements about the expected timing, completion and effects of the proposed merger and related transactions and all other statements in this communication, other than historical facts, constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When used in this communication, the words “expect,” “believe,” “anticipate,” “goal,” “plan,” “intend,” “estimate,” “may,” “will” or similar words are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date hereof and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. The Company may not be able to complete the proposed merger on the terms described above or other acceptable terms or at all because of a number of factors, including, but not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement, (2) the failure to obtain Company shareholder approval or the failure to satisfy the closing conditions, (3) the potential for regulatory authorities to require divestitures, behavioral remedies or other concessions in order to obtain their approval of the proposed merger, (4) risks related to disruption of management’s attention from the Company’s ongoing business operations due to the proposed merger, (5) the effect of the announcement of the merger on the ability of the Company to retain and hire key personnel and maintain relationships with its customers, suppliers, operating results and business generally, (6) the merger may involve unexpected costs, liabilities or delays, (7) the Company’s business may suffer as a result of the uncertainty surrounding the merger, including the timing of the consummation of the merger, (8) the outcome of any legal proceeding relating to the merger, (9) the Company may be adversely affected by other economic, business and/or competitive factors, and (10) other risks to consummation of the merger, including the risk that the merger will not be consummated within the expected time period or at all, which may adversely affect the Company’s business and the price of its common stock.
 
Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements represent the Company’s views as of the date on which such statements were made. The Company anticipates that subsequent events and developments may cause its views to change. However, although the Company may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date hereof. Additional factors that may affect the business or financial results of the Company are described in the risk factors included in the Company’s filings with the SEC, including the Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2019, filed with the SEC on June 28, 2019, as updated by the Company’s subsequent filings with the SEC. The Company expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.
 









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