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DANONE

REGISTRATION DOCUMENT 2015

Corporate Governance

6.3 Compensation and benefits of corporate officers and governance bodies

252

6.3 COMPENSATION AND BENEFITS OF CORPORATE OFFICERS

AND GOVERNANCE BODIES

TABLE OF CONTENTS

Principles of the executive compensation policy

253

Role of the Nomination and Compensation Committee

253

Principles applicable to annual compensation of executives 253

Principles applicable to multi-annual variable

compensation of executives

254

Principles applicable to long-term variable compensation

of executives

255

Principles related to executives' supplementary

retirement plan

257

Details of the collective compensation programs

258

Group performance units

258

Group performance shares

260

Former stock-option plans (as of December 31, 2015)

273

Compensation and benefits paid to the corporate

officers and governance bodies

274

Compensation and benefits paid to members of the Board

of Directors and Executive Committee

274

Compensation and benefits paid to the corporate officers 276

Individual compensation of the corporate officers

287

Transactions completed in 2015 by members of the

Board of Directors and Executive Committee involving

DANONE shares

288