Danone // 2020 Universal Registration Document

corporate governance 6.3 Compensation and benefits of governance bodies DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 252 REPORT ON THE COMPENSATION OF CORPORATE OFFICERS AND DIRECTORS FOR 2020 Pursuant to the provisions of Article L.22-10-34 I and II of the French Commercial Code, the report shown below includes the information in the 10 th resolution subject to approval by the Shareholders’ Meeting on April 29, 2021. Compensation of the Chairman and Chief Executive Officer Summary of the financial position of the Chairman and Chief Executive Officer Compensation paid and granted and value, on the grant date, of the GPU and GPS paid or granted in 2019 and 2020 to the Chairman and Chief Executive Officer (information required by Tables 1 and 2 of Annex 4 of the AFEP-MEDEF Code on the corporate governance of listed companies) Year ended December 31 (in €) 2019 2020 Paid Granted Paid Granted Annual fixed compensation (a) 1,000,000 1,000,000 850,000 1,000,000 Annual variable compensation (a) 1,050,000 1,025,000 1,025,000 500,000 Annual compensation 2,050,000 2,025,000 1,875,000 1,500,000 Long-term compensation in cash (value of GPU paid and maximum value of GPU granted for the year) (a) (b) 600,000 N/A N/A N/A Benefits in kind (c) 7,402 7,402 7,444 7,444 Extraordinary compensation N/A N/A N/A N/A Director’s compensation (d) N/A N/A N/A N/A Compensation in cash and benefits paid or granted in 2020 2,657,402 2,032,402 1,882,444 1,507,444 Long-term compensation in shares (value of GPS delivered and maximum value (e) of GPS granted for the year) 2,034,360 2,000,400 2,012,670 1,994,625 Total 4,691,762 4,032,802 3,895,114 3,502,069 (a) Gross amount. (b) The amounts paid in 2019 correspond to the grants in 2016. Since 2017, Mr. Emmanuel FABER no longer receives GPU. (c) Correspond to the group insurance and the car and driver pool made available to all officers. (d) In accordance with the compensation policy for corporate officers, Mr. Emmanuel FABER does not receive any director’s compensation. (e) Estimated value as of the grant date in accordance with IFRS 2, assuming the performance conditions have been met (see Note 8.4 of the Notes to the conso- lidated financial statements).