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Share capital and share ownership

7.1 Company's share capital

DANONE

REGISTRATION DOCUMENT 2015

306

7.1 COMPANY'S SHARE CAPITAL

Share capital as of December 31, 2015

As of December 31, 2015

Nominal amount

(in €)

163,737,800

Number of shares

654,951,200

Shares are fully paid-up, are all of the same class and have a nominal value of €0.25. Each share gives a right to ownership of a proportion

of the Company's assets, profits and liquidation surplus, based on the percentage of share capital that it represents.

Transactions on the share capital in the last five fiscal years

Effective date

of the transaction

Shares created/

(cancelled) by the

transaction

Type of transaction

Nominal amount of

the transaction

Amount of

share capital after

the transaction

Shares making up

the share

capital after the

transaction

(number of shares)

(in €)

(in €) (number of shares)

May 5, 2011

939,160

Capital increase

reserved for employee

members of a company

savings plan

234,790.00 162,215,250.00

648,861,000

December 13, 2011

(6,614,427)

Capital decrease by

cancellation of shares

(1,653,606.75)

160,561,643.25

642,246,573

May 11, 2012

915,427

Capital increase

reserved for employee

members of a company

savings plan

228,856.75 160,790,500.00

643,162,000

February 18, 2013

(8,800,000)

Capital decrease by

cancellation of shares

(2,200,000.00)

158,590,500.00

634,362,000

May 13, 2013

918,000

Capital increase

reserved for employee

members of a company

savings plan

229,500.00 158,820,000.00

635,280,000

July 26, 2013

(4,252,000)

Capital decrease by

cancellation of shares

(1,063,000.00)

157,757,000.00

631,028,000

June 3, 2014

11,932,014

Capital increase for

the payment of the

dividend in shares

2,983,003.50 160,740,003.50

642,960,014

June 5, 2014

831,986

Capital increase

reserved for employee

members of a company

savings plan

207,996.50 160,948,000.00

643,792,000

June 11, 2015

838,052

Capital increase

reserved for employee

members of a company

savings plan

209,513.00

161,157,513.00

644,630,052

July 23, 2015

10,321,148

Capital increase for

the payment of the

dividend in shares

2,580,287.00 163,737,800.00

654,951,200