Danone // 2020 Universal Registration Document

6 corporate governance 6.6 Related party agreements DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 291 in 2007 and updated by amendments in 2012 and 2015, the purpose of which is mainly to define the investment areas of the FPS Danone. Communities and the relations between Danone and the FPS Danone.Communities, along with the prevention of conflicts of interests. Reasons explaining the interest of the agreement for the company Your board justified this agreement in the following manner: The company has set up the Danone.Communities SICAV to finance businesses that have a significant social impact located mainly in emerging countries, in line with Danone’s mission. Therefore, Danone Communities supports social entrepreneurs mobilized to fight malnutrition and improve access to drinking water, two levers to reduce poverty. The four agreements described above ensure additional resources for the FPS Danone Communities, by supporting businesses and their communities in a period of major health crisis, protecting the value of Danone’s equity investments in these businesses over the medium term and contributing to Danone’s commitment to inclusive growth. The agreements will also simplify and clarify decision-making and reporting processes with respect to the investments in social businesses. AGREEMENTS ALREADY APPROVED BY THE SHAREHOLDERS’ MEETING We inform you that we have not been notified of any agreements already approved by the Shareholders’ Meeting whose implementation continued during the past fiscal year. Neuilly-sur-Seine and Paris-La Défense, March 3, 2021 The Statutory Auditors PricewaterhouseCoopers Audit ERNST & YOUNG Audit François JAUMAIN Gilles COHEN