Danone // 2020 Universal Registration Document

6 corporate governance 6.4 Detailed information on long-term compensation plans DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 277 Environmental performance condition, weighted by 20% PRINCIPLE Levels assigned to Danone by CDP under its Climate Change program in 2020, 2021 and 2022 (based in particular onDanone’s environ- mental performance in 2019, 2020 and 2021) If the “Leadership” Level: • is assigned to Danone for 2019, 2020 and 2021 and a Score of A was assigned at least twice during these three years, the definitive grant will be 100% of the shares subject to the environmental performance condition; • is assigned to Danone for these three years and a Score of A was assigned only one year, the definitive grant will be 50% of the shares subject to the environ- mental performance condition; • in all other cases, and in particular if the “Leadership” Level is assigned for 2019, 2020 and 2021 without a Score of A being assigned during these three years, the definitive grant will be 0% of the shares subject to the environmental performance condition. DEFINITIONS CDP CDP, a not-for-profit organization that runs a global disclosure system for inves- tors, companies, cities, states and regions to help them assess and manage their environmental impacts. Score Score assigned to Danone each year by CDP under its Climate Change program based on Danone’s environmental performance in 2019, 2020 and 2021. “Leadership” Level The “Leadership” level is assigned if a score of A or A- was assigned by CDP. Score A Score assigned by CDP based on environmental performance for a given year, cor- responding to the highest ranking under its Climate Change program or, in case of a change in the range of scores used by CDP for this program, any other score representing the upper eighth of the range of scores assigned by CDP, or the highest score if this new range of scores assigned by CDP includes fewer than eight scores. Score A- Score assigned by CDP based on environmental performance for a given year, cor- responding to the second highest ranking under its Climate Change program or, in case of a change in the range of scores used by CDP for this program, any other score representing the upper fourth of the range of scores assigned by CDP, or the two highest scores if this new range of scores assigned by CDP includes fewer than eight scores. OTHER APPLICABLE RULES Many levels during the same year If, in a single year, CDP publishes two different levels, the lower level will be taken into account. Many scores during the same year If, in a single year, CDP publishes two different scores, the lower score will be taken into account. Change in the name of CDP or the Climate Change program If the name of CDP or the Climate Change program changes without a change in their scoring methods, the publications of the entity or program whose name was changed will, for the purposes of this grant of shares, be considered the publica- tions produced by CDP or the Climate Change program.