Danone // 2020 Universal Registration Document

6 corporate governance 6.1 Governance bodies DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 219 Upon recommendation of the Governance Committee, the Board decided to submit the renewals and ratification of the co-opting of the following persons to the Shareholders’ Meeting of April 29, 2021: Renewals Ratification of the co-opting Board of Directors Guido BARILLA Gilles SCHNEPP (a) Cécile CABANIS Michel LANDEL Serpil TIMURAY (a) The Shareholders’ Meeting of April 29, 2021 is asked to ratify the co-opting of Mr. Gilles SCHNEPP as Director, which was approved by the Board of Directors at its meeting in December, 2020. Mr. Emmanuel FABER’s term of office as Chairman and Chief Executive Officer ended on March 14, 2021. The Board thanked him for his leadership and significant contributions to Danone since 1997, and since 2014 as Chief Executive Officer and then Chairman and Chief Executive Officer. The Board considered that his vision and commitment to One Planet. One Health are ahead of the industry and have ensured that Danone is a world leader on sustainability. The Board thus highlighted that Mr. Emmanuel FABER leaves Danone with a strong platform from which to accelerate and grow. In addition, after 18 years of dedicated service to the Board, Mr. Benoît POTIER decided not to seek renewal of his term of office at the Shareholders’ Meeting to be held on April 29, 2021, as did Ms. Virginia A. STALLINGS, who has reached the statutory age limit for Directors. Renewals of Directors’ terms subject to the approval of the Shareholders’ Meeting of April 29, 2021 Guido BARILLA Guido BARILLA makes a valuable contribution to the Board of Directorsʼ activities, thanks in particular to his experience as leading a worldwide food company which he contributed to turn into a world leader, his marketing expertise and his knowledge of global food issues and of the sustainable management of agricultural resources. Cécile CABANIS A Director since 2018, EVP, Chief Financial Officer, Technology & Data, Cycles & Procurement and a member of Danone’s Executive Committee until February 19, 2021, Cécile CABANIS has worked at Danone for 16 years. Her knowledge of the company and the food and beverages industry, as well as her extensive financial expertise, including sustainable finance, and international experience make her a valuable asset for the Board and enhance the operational approach to its work. Michel LANDEL A former executive at Sodexo, Michel LANDEL has expertise in the food and beverages sector and signi- ficant know-how in the consumer services sector, which are valuable assets for the Boardʼs work. His firm, pioneering commitments to diversity and his knowledge of Corporate Social Responsibility issues are fully in line with Danone’s purpose and enrich the Board’s discussions and work. As part of his mission as Danone’s Lead Independent Director, he established a dialogue with Danone’s major shareholders on governance issues. Serpil TIMURAY Serpil TIMURAY, of Turkish nationality, worked at Danone more than 10 years ago, when she held various management positions, including that of Chairman and Chief Executive Officer of Danone Turkey. Now a member of the Executive Committee and EVP Europe Region for the international telecommunications group Vodafone, she brings to the Board of Directors her operational knowledge of Danone and the food and beverages market as well as her experience in strategy and risk management, and strengthens its international dimension. Ratification of the co-opting of Mr. Gilles SCHNEPP submitted to the Shareholders’ Meeting of April 29, 2021 Gilles SCHNEPP Gilles SCHNEPP, a former executive at Legrand, is a highly respected figure in the business world. Through confirmation of his co-option as Director, the Board will have an opportunity to benefit from his experience as an executive of an international listed company, and particularly his strategic, global, and operational perspective, as well as his expertise in governance. He also has a non-financial expertise thanks to his participation in market bodies that specialize in these areas.