Danone // 2020 Universal Registration Document

6 corporate governance 6.5 DANONE shares held by the members of the Board of Directors and the Executive Committee DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 289 TRANSACTIONS ON DANONE SHARES Transactions on DANONE shares completed in 2020 by individuals with managerial responsibilities Name Title Type of security Type of transaction Date of transaction Gross unit price Number of shares Total gross amount Emmanuel FABER Chairman and Chief Executive Officer Shares Disposal 6/12/2020 €61.2043 16,000 €979,268.80 Delivery of shares (a) 7/28/2020 €00.00 34,200 €00.00 A legal entity related to Emmanuel FABER Shares Disposal 6/12/2020 €61.4334 20,000 €1,228,668.00 Franck RIBOUD Director Shares Disposal 5/7/2020 €62.1339 25,300 €1,571,987.67 Others (b) Disposal 5/7/2020 €62.0057 15,000 €930,085.50 An individual related to Franck RIBOUD Others (c) Disposal 5/7/2020 €60.0057 15,000 €900,085.50 Bertrand AUSTRUY Member of the Executive Committee Others (d) Subscription 7/22/2020 €10.00 4,000 €40,000.00 Shares Delivery of shares (a) 7/28/2020 €00.00 7,182 €00.00 Cécile CABANIS Member of the Executive Committee Others (d) Subscription 7/22/2020 €10.00 5,144.1830 €51,441.83 Shares Delivery of shares (a) 7/28/2020 €00.00 11,842 €00.00 (a) These shares were delivered pursuant to the grant of Group performance shares (GPS) on July 27, 2016, in accordance with the conditions set by the Board of Directors for the 2016 GPS plan. (b) This transaction is a disposal of 15,000 usufruct shares. The aforementioned gross unit price corresponds to the sale price of the fully owned shares. (c) This transaction is a disposal of bare ownership of 15,000 shares. The aforementioned gross unit price corresponds to the sale price of the fully owned shares. d) Subscription made in March 2020 in connection with the annual capital increase reserved for employees of the Company and its French subsidiaries, through a bridge fund ( Fonds Relais ). The value of each fund share was €10 in 2020. The completion of the transaction, initially scheduled for May 2020 was postponed to July 22, due to the postponement of Danone Shareholders’ Meeting. Following the capital increase, the bridge fund was merged into the Danone Company savings fund FCPE Danone. Corporate officers and Executive Committee members are required to hold their DANONE shares resulting from Group performance shares. This requirement is described in the above section 6.4 Detailed information on long-term compensation plans , paragraph Group performance shares, Other applicable rules .