PERNOD-RICARD_REGISTRATION_DOCUMENT_2017-2018

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ABOUT THE COMPANY AND ITS SHARE CAPITAL INFORMATION ABOUT THE SHARE CAPITAL

Shareholdings exceeding the legal 8.2.6.1 thresholds for share capital or voting rights In a letter received on 21 May 2018, The Capital Group Companies, Inc. (333 South Hope Street, 55 th Floor, Los Angeles, CA 90071-1406, USA) declared that on 17 May 2018 it had dropped below the threshold of 10% of the share capital of the Company, holding 26,432,808 Pernod Ricard shares, i.e. 9.96% of the share capital and 8.53% of the voting rights. This threshold was crossed as the result of a sale of Pernod Ricard shares on the market. Additional information 8.2.6.2 on the shareholders The number of Pernod Ricard shareholders who have registered securities is estimated at approximately 11,360.

Certain Company shares have a double voting right as described in the paragraph entitled “Voting conditions” of the subsection “Information about Pernod Ricard” above. Of the 265,421,592 shares comprising the Company’s capital on 30 June 2018, 45,651,078 shares had a double voting right. On the same date, employees held 2,673,627 shares representing 1.01% of the share capital and 1.39% of the voting rights of the Company. The Paul Ricard concert party (comprising: Société Paul Ricard, Le Delos Invest I, Le Delos Invest II, Le Delos Invest III, Le Garlaban and Rigivar, as well as Mses Danièle Ricard and Veronica Vargas and Messrs Rafaël Gonzalez-Gallarza, César Giron, François-Xavier Diaz, Alexandre Ricard and Paul-Charles Ricard) holds 39,724,736 Company shares representing 66,311,890 voting rights, i.e. 14.97% of the share capital and 21.32% of the voting rights of the Company as at 30 June 2018. The shareholders’ agreement between shareholders of the Company (agreement between Mr Rafaël Gonzalez-Gallarza and Société Paul Ricard, owned by the Ricard family), is described in "Shareholders’ agreement" under subsection 2.1.5 "Composition of the Board of Directors" in this Registration Document and is also available on the AMF website (www.amf-france.org).

Allocation of share capital (Company analysis using identifiable bearer shares at 31.03.2018 and nominative data)

(in %)

Paul Ricard concert party

15.0

Board + Management + Employees + Treasury shares

2.1 7.5

Groupe Bruxelles Lambert US institutional investors French institutional investors British institutional investors

40.2

9.0

10.9 11.5

Other foreign institutional investors

Individual shareholders

3.8

TOTAL

100

Equity investments and stock options 8.2.6.3 Detailed information is provided under subsection 4 “Management report” of this Registration Document, in relation to the following: corporate officers' equity investments in the Company’s share ● capital; transactions involving Pernod Ricard shares made by corporate ● officers in the financial year; stock options exercised by Executive Directors during FY18; ● stock options granted to the Group’s top ten employees other than ● corporate officers and options exercised by the Group’s top ten employees other than corporate officers during FY18.

To Pernod Ricard’s knowledge, all the shareholders who directly or indirectly, alone or in concert, hold more than 5% of the share capital or voting rights are included in the above table entitled “Allocation of share capital and voting rights on 30 June 2018”. There is no individual or corporate body that exercises direct or indirect control over Pernod Ricard’s share capital, whether individually, jointly or in concert. To the Company’s knowledge, there have not been any significant changes in the allocation of the Company’s share capital during the last three financial years, other than those shown in the above table entitled “Allocation of share capital and voting rights on 30 June 2018”. Pernod Ricard is the only company of the Group listed on a stock exchange (Euronext Paris). However, the Group Pernod Ricard now controls Corby Spirit and Wine Limited, holding 45.76% of its share capital and 51.61% of the voting rights. Corby Spirit and Wine Limited is listed on the Toronto Stock Exchange (Canada).

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PERNOD RICARD REGISTRATION DOCUMENT 2017/2018