On June 4, 2018, Vail Resorts, Inc. announced that it had entered into an agreement to purchase Triple Peaks, LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire, and Crested Butte Mountain Resort in Colorado. In addition to the purchase of Triple Peaks, LLC from the Mueller family, Vail Resorts has provided Triple Peaks with funds to pay off the leases that all three resorts held with Ski Resort Holdings, LLC, an affiliate of Oz Real Estate. “We know our guests and employees will benefit from Vail Resorts’ outstanding track record of resort and community investment, environmental stewardship, and employee development,” said Tim Mueller, president of Triple Peaks, LLC. “We care deeply about the legacy of these resorts, and have absolute confidence in Vail Resorts to celebrate what makes them so special, while also providing long-term stability for the communities.”  “Triple Peaks, LLC and the Mueller family have been outstanding operators of these resorts and we have valued our association with them,” said Steven Orbuch, founder and president of Oz Real Estate.  “We are excited for the opportunities that these transactions create for Vail Resorts and its guests while providing a beneficial outcome for our investors.”  The 2018-19 Epic Pass, Epic Local Pass, Epic Australia Pass, and Epic Military Pass include unlimited and unrestricted access to all three resorts, with seven and four unrestricted days for the Epic 7 Day and Epic 4 Day passes, respectively. “We are thrilled that the Epic Pass and our other season pass products will now provide our pass holders around the world with even more variety and unique experiences to choose from,” said Kirsten Lynch, chief marketing officer of Vail Resorts.  Vail Resorts’ June 4 announcement also included, as part of a separate transaction, the purchase of Stevens Pass, in Washington. Vail Resorts plans to invest $35 million, over the next two years, across the four resorts to continue to elevate the guest experience. In addition, annual ongoing capital expenditures are expected to increase by $7 million to support the addition of these four resorts. Together, these acquisitions are expected to generate incremental annual EBITDA in excess of $35 million in Vail Resorts’ fiscal year ending July 31, 2019. For those who have already purchased a season pass at Okemo, they will still be eligible for skiing and riding in the 18/19 season and passes will remain available for purchase in-person or online. Details about all Epic Pass options, and a list of frequently asked questions about season passes are available at www.epicpass.com. homefront Winter 2018/19 A CLOSER LOOK epic SKIING AND RIDING at okemo okemo.com > 802-228-1600 > page 27