Danone // 2020 Universal Registration Document

6 corporate governance 6.4 Detailed information on long-term compensation plans DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 287 Objectives of GPU granted in 2020 Objectives Level of achievement Value of the objective (in €) Level of achievement Value Weighted by 60%, achievement of a free cash flow level in 2020 of more than €1.6 billion (a) and achievement of one or more objectives communicated to the market for 2021 and 2022 Non-achievement or partial achievement of the objectives each year 0 The Board of Directors will assess the achievement of these objectives in 2023. Max. €24 Achievement of the objectives each year 6 Weighted by 40%, comparison of employee commitment level based on the Danone People survey relative to the FMCG (b) sector from 2020 to 2022 If 3 scores are assigned: ≤FMCG 0 >FMCG over 2 years: 6 over 3 years: 12 If 2 scores are assigned: ≤FMCG 0 >FMCG 12 a) Achievement of a free cash flow level between €1.6 billion valued at €2 and €1.8 billion valued at €6, based on a linear progressive scale between €1.6 and €1.8 billion. (b) Fast-Moving Consumer Goods.

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