Danone // 2020 Universal Registration Document

1 Information about the issuer and information on the Universal Registration Document 1.2 Information about the Universal Registration Document 7 DANONE UNIVERSAL REGISTRATION DOCUMENT 2020 1.2 INFORMATION ABOUT THE UNIVERSAL REGISTRATION DOCUMENT SELECTED FINANCIAL INFORMATION Unless otherwise stated, all amounts in this Universal Registration Document are (i) expressed in Euro and (ii) presented in millions for convenience. Such amounts may have been rounded. Rounding differences may exist, including for percentages. The financial information presented in section Key figures is extracted from section 3 Danone’s business highlights in 2020 and outlook for 2021 and from Danone’s consolidated financial statements for fiscal year 2020 prepared in accordance with IFRS, which, together with the Notes to the consolidated financial statements for fiscal year 2020 are presented in section 4.1 Consolidated financial statements and Notes to the consolidated financial statements . REFERENCES AND DEFINITIONS Unless otherwise noted, all the references mentioned hereinafter refer to the following elements: Company All references to the “Company” refer to Danone as issuer. Consolidated financial statements, Notes to the consolidated financial state- ments Consolidated financial statements and Notes to the consolidated financial statements for the 2020 fiscal year Danone All references to “Danone” or the “Group” refer to the Company and its consolidated subsidiaries. Danone’s market shares and market positions All references to Danone’s market shares or market positions are derived from third-party market studies and databases provided in particular by Nielsen, IRI, Euromonitor and Canadean institutes. EDP All references to the “EDP” Reporting Entity refer to the Essential Dairy & Plant-Based Reporting Entity. Emerging countries All references to “emerging countries” refer to countries other than mature countries where Danone is present. Entreprise à Mission All references to “Entreprise à Mission” refer to the status provided for in French law which was adopted by the Company on June 26, 2020 (see section 2.2 Strategic priorities ). Essential Dairy & Plant-Based All references to the “Essential Dairy & Plant-Based” Reporting Entity or “EDP” refer to production and distribution of fresh fermented dairy products and other dairy specialties, plant-based products and beverages, and coffee creamers. Europe and Noram Region that includes Europe except CIS (Commonwealth of Independent States), the United States and Canada GPS (Group performance shares) DANONE shares subject to performance conditions described in section 6.4 Detailed information on long-term compensation plans GPU (Group performance units) Multi-annual compensation described in section 6.4 Detailed information on long-term compensation plans Group All references to the “Group” or “Danone” refer to the Company and its consolidated subsidiaries. Markets All references to “markets” for products in particular, or to market shares, refer to markets for packaged products and exclude products that may be otherwise marketed or sold. Market shares and market positions Data pertaining to market shares and market positions are based on the value of sales. Mature countries All references to “mature countries” refer to Western Europe (particularly France and Southern Europe, including Spain, Italy and Portugal), North America, Japan, Australia and New Zealand. Noram Region that includes the United States and Canada Universal Registration Docu- ment Danoneʼs Universal Registration Document Reporting Entity All references to a “Reporting Entity” or “Reporting Entities” refer to one or more of Danoneʼs Essential Dairy & Plant-Based, Specialized Nutrition or Waters activities. Rest of the World Region that includes the Latin America, Asia Pacific, Africa, Middle East and CIS regions Sales Danoneʼs consolidated sales Specialized Nutrition All references herein to the “Specialized Nutrition” Reporting Entity refer to production and distribution of specialized food, for babies and young children to complement breast-feeding, and for people afflicted with certain illnesses or frail elderly people. Waters All references herein to the “Waters” Reporting Entity refer to bottled water, water sold in large containers (jugs), and water sold in small containers.