Danone // 2020 Universal Registration Document

6.1 GOVERNANCE BODIES 208 Board of Directors 209 Audit Committee 225 Governance Committee 227 Engagement Committee (formerly the Purpose & Engagement Committee) 228 Strategy & Transformation Committee 229 Executive Committee 229 Application of AFEP-MEDEF corporate governance code for listed companies 231 6.2 POSITIONS AND RESPONSIBILITIES OF THE DIRECTORS 232 6.3 COMPENSATION AND BENEFITS OF GOVERNANCE BODIES 245 Compensation policy for corporate officers for 2021 245 Compensation policy for Directors 251 Report on the compensation of corporate officers and Directors for 2020 252 6.4 DETAILED INFORMATION ON LONG-TERM COMPENSATION PLANS 262 Group performance shares (GPS) 262 Group performance units (GPU) 284 6.5 DANONE SHARES HELD BY THE MEMBERS OF THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEE 288 Number of DANONE shares held by the members of the Board of Directors and the Executive Committee (which includes 2 Directors) 288 Transactions on DANONE shares 289 6.6 RELATED PARTY AGREEMENTS 290 Statutory auditors’ special report on related party agreements 290