Danone // 2020 Universal Registration Document

Social, Societal and Environmental Responsibility 5.1 An integrated approach of sustainable business model DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 146 GOVERNANCE ESTABLISHED TO SUPPORT DANONE’ S ONE PLANET. ONE HEALTH FRAME OF ACTION Internal organization and governance Sustainability permeates Danone’s entire organization, so all departments support the food revolution through their specific fields of expertise. Danone has put in place a sustainability governance structure to ensure global consistency and efficient decision-making in all aspects of sustainability, as described below. Governance bodies Key missions Engagement Committee • An offshoot of the Board of Directors, its missions and work are detailed in section 6.1 Governance bodies. OPOH Integration and Investment Board • Align the sustainability pillars to strengthen Danone’s integrated approach to the 2030 Company Goals and monitor the journey toward B Corp™ certification ambition; • Obtain approval for investment proposals from the funds’ decision-making bodies; • Better serve the brand agendas and ensure coordination with the Growth & Innovation Committee. Danone addresses specific sustainability topics within thematic committees which are mentioned throughout section 5 Social, Societal and Environmental Responsibility . Additionally, topics related to sustainable finance are discussed within the ESG & Finance Committee. Global and local sustainability teams OPOH Integration team • As part of the General Secretary, work closely with the communications and public affairs teams; • Work with its internal and external stakeholders to advance, monitor and report on Danone’s sustainability performance; • Oversee global B Corp™ certification through a continuous improvement process. Expert teams (including corporate and Reporting Entity OPOH experts) • Environmental, social, and health and nutrition teams working to advance specific Company goals and commitments and to monitor their progress toward achieving them; • Sustainability teams, operating within the Reporting Entities and responsible for the connection with the brand agendas. Local OPOH representatives’ network • Coordinate Danone’s sustainability strategy at the regional and local levels; • Lead the local rollout of the Danone Way program and B Corp™ certification and support the global sustainability audits process. AN INTEGRATED WAY TO TRACK AND FOSTER PROGRESS Danone’s approach to managing sustainability performance Public-facing proof of sustainability integration into the business Internal animation tools for the entities Extra-financial ratings and rankings informing partners decisions EXTRA-FINANCIAL REPORTING Global quantitative reporting Qualitative reporting through Danone Way 2.0 Regulatory and voluntary audits