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Investor Presentaiton

RELOAD CAPABILITIES AND PERFORMANCE CULTURE STRENGTHENING THE LEADERSHIP TEAM Internationally recognized newcomers Seasoned Danone leaders ALIGNING INCENTIVES WITH PERFORMANCE STIS ADJUSTMENT More "metricated" More stretch VIKRAM AGARWAL 30+ YEARS OF EXPERIENCE OPERATIONS ISABELLE ESSER 25+ YEARS OF EXPERIENCE R&I, QUALITY AND FOOD SAFETY ROBERTO DI BERNARDINI 30+ YEARS OF EXPERIENCE HUMAN RESOURCES HENRI BRUXELLES 35+ YEARS OF EXPERIENCE SUSTAINABILITY & STRATEGIC BUSINESS DEVELOPMENT LAURENT SACCHI 30+ YEARS OF EXPERIENCE GENERAL SECRETARY More upside LTIS: FROM "PLAYING NOT TO LOSE" TO "PLAYING TO WIN" More performance-focused metrics: TSR, EPS, Sustainability Upside as well as downside More stretch CULTURE, CAPABILITIES, SUSTAINABILITY & COST COMPETITIVENESS 35
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