PERNOD RICARD - Notice of meeting 2020

2. BOARD OF DIRECTORS

Nominations, Governance and CSR Committee

3 Directors

100%

67%

Attendance rate

Independence rate

Main activities in FY20

In FY20, the main activities of the Nominations, Governance and CSR Committee included: a review and recommendations to the Board of Directors on its composition and its Committees; y

annual review of the Board members’ independence (questionnaires sent to each Director, study of the significance y of disclosed business relationships, specific criteria related to the passive crossing of the 10% voting rights threshold); review of the Group’s S&R issues; y annual review of the Group’s Talent Management policy and presentation of the succession plan for the Group Top y Management; annual review of Pernod Ricard SA diversity policy and professional and salary equality; y review of the annual self-assessment of the Board of Directors and its Committees’ operations; and y proposals to improve the operations of the Board of Directors and its Committees. y

Compensation Committee

5 Directors (including 1 Director representing the employees)

100%

100%

Attendance rate

Independence rate (1)

Main activities in FY20

Further details of the work of the Compensation Committee are provided in subsection 2.8 – “Compensation policy” of the FY20 universal registration document. During FY20, the members of the Compensation Committee were in particular asked to study the rules of governance and market practices concerning the compensation of Executive Directors in connection with the application of the French PACTE law and Order 2019-1234 of 27 November 2019 relating to the compensation of executives of listed companies and to conduct a specific analysis of the impact of the Covid-19 pandemic on the compensation of Executive Directors and Pernod Ricard’s long-term incentive plans.

In accordance with the AFEP-MEDEF Code, Directors representing the employees are not taken into account when determining the percentage of Independent Directors (1) on the Board of Directors and its Committes.

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Pernod Ricard Notice of Meeting 2020