MEMBERSHIP 2016 TYPES OF ASSOCIATION PROMOTIONS. Pay the 50% of the full price and you will play free for the months of NOVEMBER and DECEMBER 2015.

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1 NEWS! CHERVO GOLF HOTEL SPA & RESORT SAN VIGILIO WELLNESS & HEATED COVERED SWIMMINGPOOL MEMBERSHIP ST JANUARY 31 ST DECEMBER 2016 TYPES OF ASSOCIATION PROMOTIONS Pay the 50% of the full price and you will play free for the months of NOVEMBER and DECEMBER ORDINARY MEMBER 2.500,00 Renewal gift: - Card with 5 entrances to wellness center & heated covered swimmingpool Personal card, not transferable and to use within the expiration of the fee. Benefit: 36 holes golf course, driving range, pitching green, putting green, golf-bag deposit, external swimmingpool. SECOND CLUB MEMBERSHIP 1.900,00 The fee is not enjoyable if the membership was subscribed online. Renewal gift: - Card with 2 entrances to wellness center & heated covered swimmingpool Personal card, not transferable and to use within the expiration of the fee.

2 WEEKDAYS MEMBERSHIP 1.300,00 Renewal gift: - 2 green fees for 18 holes to use during festivities. Personal green fees, not transferable and to use within the expiration of the fee. Benefit: 36 holes golf course (from Monday to Friday, excluding festivities), driving range, pitching green, putting green, golf-bag deposit, 10% discount on the green fees during festivities. 9 HOLES ORDINARY MEMBERSHIP 1.250,00 Renewal gift: - 2 green fees for 18 holes to use any weekdays. Personal green fees, not transferable and to use within the expiration of the fee. Benefit: 9 holes golf course, driving range, pitching green, putting green, golf-bag deposit, integration with the 18 holes with a 20% discount on the green fees during weekdays and the 10% discount during festivities. *Every membership can be combined with the access to the external bio nature swimming pool (excluding packages cards and the ordinary membership, that already includes the benefit) paying a supply of 150,00 per person.* EXECUTIVE COURSE MEMBERSHIP 600,00 Benefit: executive golf course, driving range, pitching green, putting green, golf-bag deposit, 20% discount on the weekdays green fee (9 and 18 holes) and 10% on the festivities green fee (9 and 18 holes). DRIVING RANGE MEMBERSHIP 300,00 Benefit: driving range, pitching green, putting green, golf-bag deposit, 20% discount on the weekdays green fee (9 and 18 holes) and 10% on the festivities green fee (9 and 18 holes). UNDER 35 ORDINARY MEMBERSHIP (28-35 YEARS OLD) 1.500,00 WEEKDAYS 950,00

3 UNIVERSITY STUDENT MEMBERSHIP (23-27 YEARS OLD) 1.100,00 WEEKDAYS 800,00 JUNIORES ORDINARY MEMBERSHIP (18 22 YEARS OLD) 600,00 WEEKDAYS 420,00 YOUNGS ORDINARY MEMBERSHIP (10 17 YEARS OLD) 300,00 CHILDREN ORDINARY MEMBERSHIP (6 9 YEARS OLD) 200,00 ALL KINDS OF MEMBERSHIP ARE VALID UNTIL THE 31 st OF DECEMBER THE PAYMENT OF THE ENTIRE AMOUNT CAN BE MADE UNTIL THE 28 Th OF FEBRUARY FOR THE FAMILY 10% discount for families (married couples, doughters and sons) composed of 2 person subscriving the same kind of membership (excluding WINTER MEMBERSHIP, CARDS and NEOPHYTES). FOR APARTMENT S OWNERS 10% discount on all types of memebership (excluding WINTER MEMBERSHIP, CARDS and NEOPHYTES). 10%+10% discount on family memebership. Valid from 26/10/15 to 26/03/15. WINTER MEMBERSHIP FOR PLAYERS WHO ARE MEMBERS IN CLUBS SITUATED OVER 400 M OVER SEA LEVEL 600,00 WEEKDAYS 400,00 FOR PLAYERS WHO ARE MEMBERS IN CLUBS SITUATED OVER 400 M UNDER SEA LEVEL 700,00 WEEKDAYS 500,00

4 12 MONTHS VALIDITY, not personal and not to split. GREEN FEES PASS WITH EVERY KIND OF CARD DRIVING RANGE IS INCLUDED (ONLY FOR THE DAYS WHEN THE CARD IS USED TO PLAY). 16 GREEN FEE FOR 18 HOLES (weekdays and weekend) 840,00 (NOT TO SPLIT IN 9 HOLES) WEEKDAYS 720,00 10 GREEN FEE FOR 18 HOLES (weekdays and weekend) 600,00 (NOT TO SPLIT IN 9 HOLES) WEEKDAYS 500,00 12 MONTHS VALIDITY, not personal and not to split. AFTERNOON GREEN FEES PASS WITH EVERY KIND OF CARD DRIVING RANGE IS INCLUDED (ONLY FOR THE DAYS WHEN THE CARD IS USED TO PLAY). To play from in the period between 27/03/2016 and 30/11/2016 To play from in the period between 01/01/2016 and 26/03/2016 and 31/10/2016 to 31/12/ GREEN FEE FOR 18 HOLES (weekdays and weekend) 750,00 (NOT TO SPLIT IN 9 HOLES) WEEKDAYS 640, GREEN FEE FOR 9 HOLES (weekdays and weekend) 550,00 WEEKDAYS 450,00

5 NEOPHYTES NEOPHYTES PACKAGE 240,00 3 months driving range included 4 hours golf lesson balls and clubs included. NEOPHYTES PACKAGE EXTENSION 150,00 3 months more driving range included plus executive course (federation membership card not necessary). SERVICES LOCKER 70,00 CHARGE + DEPOSIT FOR ELECTRO TROLLEY 100,00 DAILY CHARGE FOR ELECTRO TROLLEY 3,00 CHARGE + DEPOSIT FOR PRIVATE GOLF CART (OR SIMILAR) 200,00 DAILY CHARGE FOR PRIVATE GOLF CART 5,00 PRIVATE GOLF CART WASH 5,00 TRANSIT OF PRIVATE GOLF CART (OR SIMILAR) 200,00 GOLF CART ANNUAL PASS (only for playing) 1.000,00 GOLF CART ANNUAL PASS (exclusive use) 1.600,00 FACILITIES FOR 2016 MEMBERSHIPS Valid for every kind of 2016 Membership and residents/apartment s owners. RESTAURANT (only à la carte menus) PRO SHOP CHERVO (excluding accessories) HOTEL (not on the best prices online, not combinable) 10% discount 10% discount 10% discount

6 GREEN FEE 2016 PRICES HIGH SEASON (26/03 30/10) LOW SEASON (01/01 25/ /10-31/12) WEEKDAYS 9 holes 40,00 30,00 18 holes 75,00 55,00 SATURDAY AND FESTIVITIES 9 holes 55,00 40,00 18 holes 95,00 65,00 DAY-PASS Weekdays 100,00 85,00 Festivities 125,00 105,00 Executive course 25,00 20,00 Driving range 10,00 10,00 NEWS 2016: TWILIGHT GREEN FEE FROM 13:30 IN LOW SEASON (from 01/01/16 to and from to ) FROM 16:00 IN HIGH SEASON (from 26/03/16 to ) WEEKDAYS 30,00 (Low Season) 45,00 (High Season) FESTIVITIES 40,00 (Low Season) 60,00 (High Season) FESTIVITIES We do not accept free to Weave d ' Honor and Professional unaccompanied by amateurs players. Leisure Breaks or Golf Albrecht vouchers are invalid.

7 SERVICES Golf Cart rental 9 holes 25,00 18 holes weekdays 35,00 18 holes festivities 40,00 Day-pass 60,00 Trolley rental Hand trolley 5,00 Electric Motocaddy S1 Pro Lithyum 20,00 Golf bags rental Medium quality 20,00 Prime quality 40,00 PROMOTIONS Thursday tournament San Vigilio Thursday 50,00 NEW! ACCESS TO WELLNESS & HEATED COVERED SWIMMINGPOOL 29,00 Access to over 16 years old only. ACCESS TO ONLY HEATED COVERED SWIMMINGPOOL-DAILY 25,00 ACCESS TO ONLY HEATED COVERED SWIMMINGPOOL-HALF DAY 15,00 Access for 0-16 years old children with an adult. BATH TOWEL 3,00 SLIPPERS 4,00 BATHROBE 5,00 Kit BATH TOWEL/SLIPPERS/BAHROBE 8,00

8 SPORT CENTER TENNIS External Club member Resident/Apartment s Owner 1 hour 15,00 10,00 10,00 2 hour 25,00 15,00 15,00 SOCCER FIELD External Club member Resident/Apartment s Owner 1 hour 30,00 25,00 25,00 2 hour 50,00 40,00 40,00 GYM (Technogym equipment) Daily Monthly Every Two Months Every Three Months Year Towel 5,00 30,00 50,00 70,00 260,00 3,00 SWIMMINGPOOL Not member/resident/owner -> ACCESS FORBIDDEN Prices Golf member and Resident/Apartment s owner/occupant Deckchair s towel 3,00 Shower s towel 2,00 Seasonal subscription 150,00 Adults 7-12 years old children 0-6 years old children Daily pass 15,00 10,00 free After ,50 5,00 free Moreover, on payment you can bring with you: for each Golf Member max. 1 more guest for each apartment max. 2 more guests