THANK YOU 2014GREETINGS 2015

Michae l Sneyd

Chief Executive Officer, S k y l i n e I n t e r n a t i o n a l

Skyline is one of Canada’s leading owner, operator

& developer of hospitality properties and destination

communities

• 2 million sq ft of real estate• Over 2600 acres with development rights for over 7000 units• Over 1300 hotel rooms• 4 Shizen Spas• Employs over 1700 people• Operations across North America

2014 winter caused a slow start at the resorts but we picked up after!

Raised $20 Million in IPO

Thank You for Your Many Years of Service!

Dela Pena, ShirleyLaciste, OscarDam, Sharla

Mitchell, ClaudiaRomulo, ReynaldoAlderete, YusdenyManganti, Avelina

Martin, EdwinGong, Cindy

Gonzales, Melvin

Rawat, LilyShi, Paul

Mohamed, RajaLegaspi, May

Esguerra, FelixMustafa, Asim

Kazibwe, SarahSivalingam, ZenoviaIslamova, Gulnara

Bahramova, NarminaBanduyang, Novena

Nandakumar, SarojadeviAslanova, Samira

Veerachamy, NinthiyanathaAntonelli, Soedi

Zhao, MengTopgyal, Tashi

Iarovaia, ViktoriaVelez, Lazaro

Pulido Briseno, MauricioRahman, Shafic

Renovating the Pantages

3D View: Bed + Kitchenette3D View: Living Area3D View: Bathroom

For Two Consecutive Years (2013 & 2014)

Kevin Toth Moved to Horseshoe to Revitalize the Resort

Profit improved by $1.3 million over the previous year

Invested $15 Million in Horseshoe to Renovate:

• The Inn• The Ski Chalet

• The Slope Side Building• The Adventure Park

Renovated 8 Slope Side Rooms

Created A New Terrain Park

Broke ground in Copeland House scheduled for completion in 2015

Office Moved to Barrie

CRC Moved to Huntsville

Profit increased year over year by $2.4 million

Chris LundGM, Deerhurst

July-Oct: Lakeside Lodge Sold Over 1/3rd of its Units

Highlands Golf Course Ranked 70th By Score Golf Magazine

Obtained Approval for $500 Million Master Plan

“Greens” condos were renovated

Deerhurst Got Rewarded Full Ironman (Triathlon occurring August 30th 2015)

Village at Blue Mountain is 100% Leased

Blue Mountains

Mark GoldbergVP, Asset Management

Total Renovation: $40 Million

Before After

Renovated Rooms

WILDFIRE Opens at Cosmopolitan

David Goldman Wins the 2014 Lexpert Zenith Award

David GoldmanG e n e r a l C o u n s e l

Farewell To Our Decade Long Colleagues

Michael KayeReena SteinbergMoved to NYC after 10 yearsRetired after 15 years

Welcome on board!

Raymond ZarPaul MondellTom CarneySVP Skyline IntlSVP, Development, SDCPresident/ COO, Skyline Vacation Club

We Acquired Bear Valley!

2015

Staying one step ahead of the competition

Investing back in our properties through renovations designed to revitalize and enhance our portfolio

Creating synergies in our operations in order to achieve optimal efficiency and ultimate satisfaction for our clients

Developing our people in order to execute the mission and vision of SKYLINE by giving them the resources and support they need

Good Night!