PERNOD-RICARD - URD 2020-21

____ 2. CORPORATE GOVERNANCE STRUCTURE AND OPERATION OF THE COMMITTEES

2.7.5

Strategic Committee

Composition

On 1 September 2021, the Strategic Committee comprised: Chairman: Mr Alexandre Ricard (Chairman and CEO) Members: Mr Ian Gallienne (Independent Director) Ms Anne Lange (Independent Director) Mr Philippe Petitcolin (Independent Director) Company Paul Ricard represented by Mr Paul-Charles Ricard (Director)

Three out of the five Directors who are members of the Strategic Committee are Independent Directors (60%), it being noted that the AFEP-MEDEF Code does not make any recommendation regarding the Strategic Committee’s independence. In FY21, the Strategic Committee met twice, with an attendance rate of 100%. All the Directors may, upon request, and even if they are not members of the Committee, participate in the meetings of the Strategic Committee. The roles of the Strategic Committee, as confirmed by the Board on 11 February 2015, are the following: reviewing the key strategic issues of the Pernod Ricard company or of the Group; drawing up and giving its prior opinion on significant partnership transactions, sales or acquisitions; and generally, dealing with any strategic issues affecting the Company or the Group. During FY21, the members of the Strategic Committee reviewed the Group's strategic issues, in particular those relating to their digital transformation and changing consumption patterns in their markets, and were given presentations on the Group’s key markets or brands. In FY22, the Committee will continue with the tasks it is carrying out for the Board of Directors. It will notably conduct a review and analysis of the key strategic orientations foreseen for the Group’s development, as well as the study of any strategic issues affecting the Company or the Group.

Main roles

Main activities in FY21

Outlook for FY22

2.7.6

CSR Committee

Composition

On 1 September 2021, the CSR Committee comprised: Chairwoman: Ms Patricia Barbizet (Lead Independent Director) Members: Ms Veronica Vargas (Director) Ms Maria Jesus Carrasco Lopez (Director representing the employees)

One out of two Directors who are members of the CSR Committee (1) is an Independent Director (50%), it being noted that the AFEP-MEDEF Code does not make any recommendation regarding the CSR Committee’s independence. In FY21, the CSR Committee met once, with an attendance rate of 100% (2) . The roles and mission of the CSR Committee are the following: examining, reviewing and evaluating the Group’s S&R strategy; implementing the Group’s S&R strategy and carry out its monitoring in qualitative and quantitative terms; assessing the risks and opportunities in terms of social and environmental performance; monitoring reporting systems, preparing non-financial information and reviewing the annual non-financial performance statement; and reviewing annually the summary of the ratings assigned to the Group by the rating agencies and by the non-financial analyses. During FY21, the CSR Committee’s main activities included: presenting the S&R strategy and progress on the achievement of objectives for each pillar; introduction of CSR criteria to the LTIPs; reflecting on the application of the Group’s CSR commitments in relation to its various stakeholders; and reviewing and monitoring of CSR reporting in the current context.

Main roles

Main activities in FY21

Outlook for FY22 In FY22, the Committee will continue with the tasks it is carrying out for the Board of Directors. In particular, it will ensure that the objectives of the CSR roadmap are monitored and achieved and that the non-financial information that is prepared is clear and relevant. In accordance with the AFEP-MEDEF Code, Directors representing the employees are not taken into account when determining the percentage of Independent (1) Directors on the Board of Directors or its Committees. You are reminded that the CSR Committee was created on 27 November 2020. (2)

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PERNOD RICARD UNIVERSAL REGISTRATION DOCUMENT 2020-2021