PERNOD RICARD - Notice of meeting 2020

5. SUMMARY TABLE OF FINANCIAL DELEGATIONS

Maximum nominal amount of the capital increase resulting immediately or on completion of the issue (excluding adjustments) 10% of the share capital at the time of issue

Use of existing authorisations during the financial year ended 30.06.2020

Maximum nominal amount of the issue of debt securities*

Nature of the delegation or authorisation Shares and/or securities granting access to the Company’s share capital, immediately or in the future, in the event of a public offer initiated by the Company (18 th resolution) Capitalisation of premiums, reserves, profits and other items (19 th resolution)

Features/Terms

N/A

None

Will be deducted from the limits set for capital increases in the 13 th and 14 th resolutions of the AGM of 08.11.2019.

N/A

€135 million

None

Will be deducted from the overall limit set for capital increases in the 13 th resolution of the AGM of 08.11.2019.

Maximum nominal amount of Company debt instruments granting access to ordinary shares. * Not applicable. N/A:

Specific authorisations and delegations in favour 5.2 of employees and/or Executive Directors

Use of existing authorisations during the financial

Date of the delegation or authorisation (resolution)

Nature of the delegation or authorisation

Expiry of the delegation or authorisation

Maximum amount authorised 1.5% of the share capital on the date of Board of Directors’ decision to allocate

year ended 30.06.2020 269,474 (0.1% of share capital)

Term

Features/Terms

Performance-based shares

AGM of 08.11.2019 (20 th )

38 months

07.01.2023

Independent limit (sub-limit for Executive Directors of 0.06% of the capital, which is deducted from the limit of 1.5%) Independent limit (sub-limit for Executive Directors of 0.21% of the share capital, which is deducted from the limit of 1.5%) Will be deducted from the limits set for capital increases

Stock options

AGM of 08.11.2019 (21 st )

38 months

07.01.2023

1.5% of the share capital on the date of Board of Directors’ decision to allocate

131,864 (0.05% of share capital)

Shares or securities granting access to share capital,

AGM of 08.11.2019 (22 nd )

26 months

07.01.2022

2% of share capital at the date of the Shareholders’ Meeting, shared with the 23 rd resolution of the Shareholders' Meeting of 08.11.2019 2% of the share capital on the date of the Shareholders’ Meeting, shared with the 22 nd resolution of the Shareholders’ Meeting of 08.11.2019

None

reserved for a members of employee saving plans

in the 13 th and 14 th resolutions of the AGM of 08.11.2019

None

Will be deducted from the limits set for capital increases

Shares or securities granting access to share capital, reserved for a certain categories of beneficiaries

AGM of 08.11.2019 (23 rd )

18 months

07.05.2021

in the 13 th and 14 th resolutions of the AGM of 08.11.2019

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Pernod Ricard Notice of Meeting 2020