Danone // 2020 Universal Registration Document

KEY FIGURES ESSENTIALDAIRY &PLANT-BASED SPECIALIZED NUTRITION WATERS 2020 Sales €12.8 bn €7.2 bn €3.6 bn 2020 Recurring Operating Margin 10.2% 24.5% 7.0% (a) Like-for-like. (b) On a reported basis. (c) Scores obtained as part of the CDP Climate Change, CDP Water security and CDP Forests questionnaires. €23.6 bn -1.5% (a) SALES 14.0% -117 bps (b) RECURRING OPERATING MARGIN €3.34 -13.2% (b) RECURRING EPS €2.1 bn FREE CASH FLOW 2.8x NET DEBT / EBITDA €1.94 DIVIDEND PER SHARE AAA (c) FOR THE 2 nd YEAR IN A ROW, ONE OF THE 10 COMPANIES WORLDWIDE AND THE ONLY FOOD COMPANY ~ 50% OF SALES COVERED BY B CORP TM CERTIFICATION DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 2