Danone // 2020 Universal Registration Document

7 Share capital and ownership 7.9 Market for the Company ’ s shares 303 DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 Employee shareholding As of December 31, 2020, to the Company’s knowledge, the number of the Company’s shares held directly or indirectly by employees of the Company and of companies related to it, and, in particular, those that are subject to collective management or conditions prohibiting their disposal, either within the framework of a French company savings plan ( Plan d’Épargne Entreprise ) or through French company investment funds ( Fonds Communs de Placement Entreprise – FCPE ) (the “Fonds Danone” company investment fund and the company investment funds of other Danone subsidiaries), or also within the framework of the “One Person, One Voice, One Share” program, was 10,696,921, i.e. 1.56% of the Company’s share capital, including the 9,002,865 shares (1.3% of the share capital) held by the “Fonds Danone” FCPE. It is hereby recalled that in 2019, for the first time, as part of the “One Person, One Voice, One Share” program, Danone granted one free share to all employees worldwide employed by Danone since one year at the date of the grant, i.e. 84,588 employees. In 2020, an additional grant was implemented to the benefit of new employees who joined Danone since July 1, 2019 and who were still employed by Danone at the date of the grant, i.e. 7,985 employees. Identifiable holders of bearer shares Under the terms of its by-laws and in accordance with the legisla- tion and regulations, the Company may, at any time, ask the entity responsible for clearing shares (Euroclear France) for the name or company name, nationality, and address of the holders of shares or other securities conferring immediate or future voting rights at its Shareholders’ Meetings, along with the number of securities held by each of them and, if applicable, any restrictions placed upon such securities. Euroclear France obtains the information requested from account-holding custodians affiliated to it, which are obliged to provide such information. Distribution of shareholders based on the Company’s survey in December 2020 of identifiable holders of bearer shares As a percentage of the share capital Institutional investors 78% of which, United States 44% France 18% United Kingdom 9% Switzerland 5% Germany 4% Rest of Europe 14% Rest of World 6% Individual investors and “Fonds Danone” FCPE 10% Treasury shares 5% Other 6% Total 100% 7.9 MARKET FOR THE COMPANY’S SHARES The Company’s shares are listed on Euronext Paris (Compartment A – Deferred Settlement Service; ISIN Code: FR0000120644; ticker “BN”). The Company’s shares also had a secondary listing on the Swiss Stock Exchange (SWX Suisse Exchange) but this secondary listing ended on February 18, 2020 upon the Company’s request. Danone also maintains a sponsored Level 1 program of American Depositary Receipts (ADR), which are traded over-the-counter through the OTCQX platform under the symbol DANOY (each ADR representing one-fifth of a DANONE share). OTCQX is an information platform for companies already listed on a qualified international stock exchange. It enables international companies to better access U.S. investors and to distribute information in the U.S. markets without the complexity and cost of an U.S. exchange listing. DANONE shares are included in the CAC 40 and Eurostoxx 50 indexes.