Warren, VT – With this week’s debut of a $10 million base area expansion, Sugarbush Resort has once again strengthened the Vermont ski area’s commitment to lifelong learning and the creation of new snowsports enthusiasts.nDevoted to ski school and family-friendly guest facilities, the two recently completed structures are
part of Phase 2 of the Lincoln Peak revitalization; the other component being an upgrade of 2.5
miles of snowmaking pipe servicing both Lincoln Peak and Mt. Ellen. Sugarbush’s Phase 2
improvements were financed through NBT Bank, VEDA, and EB5 funding, a federal program that
uses foreign investment capital to put Americans to work.

Sugarbush president Win Smith will host a grand opening celebration for the new facilities this
Friday at 9 a.m., officially opening both “The Schoolhouse” and “The Farmhouse” to the public.
Vermont Governor Jim Douglas is expected to attend along with other local and state officials.

“These new state of the art guest service facilities blend the inspiration of our local community
with the adventurous spirit of the people who call Sugarbush their home,” said Smith. “We’re
extremely pleased to showcase these two stunning facilities.”

The Schoolhouse, at approximately 12,500 square feet, will be the resort’s home for the Micro, Mini and Sugar Bear snowsport educational programs, après-ski activities for children, and summer camp programs. The
structure features murals, sculptures and other artwork created by local artists, and provides
slopeside on-snow access for the youth programs.

The Farmhouse, at approximately 14,500 square feet, is dedicated to a variety of skier services
and adult learning programs. This building will house the new Sunrise Café, ticket and season pass
sales, public storage lockers and restrooms, the adult ski school, and rentals and repairs.

The Farmhouse will also be home base for Sugarbush’s “First Timer to Life Timer” program, a
program designed to recruit adults into skiing and riding with an
approachable curriculum and an affordable price. Participants in the “First Timer to Life Timer”
program are rewarded with a free season pass to Sugarbush.

Designed in a “Vermont vernacular” architectural style, both The Farmhouse and The Schoolhouse
have been integrated into a newly configured, snow-free entrance plaza to the Lincoln Peak base
area.

“Giving people new to skiing or riding a place to feel comfortable and welcomed is an important
part of getting them to love the sport,” said Smith. “The buildings are designed to provide skiers
and riders of every level with a base area that truly feels like home.”

Work on the Phase 2 project began in mid-April. Landscaping will be installed in the spring to complete the resort’s new primary entrance. Phase 1 of the Lincoln Peak project included the creation of slopeside Clay Brook Residences,
Timbers Restaurant, and the Gate House Lodge. It was completed in December of 2006.