PERNOD-RICARD - URD 2020-21

____ 2. CORPORATE GOVERNANCE COMPENSATION POLICY

COLLECTIVE HEALTHCARE AND WELFARE SCHEMES Mr César Giron qualifies for the collective healthcare and welfare schemes offered by Martell Mumm Perrier-Jouët under the same terms as those applicable for the category of employees to which he belongs for the determination of his employee benefits and other additional components of his compensation. OTHER BENEFITS For FY21, Mr César Giron was provided with a company car. Mr Paul-Charles Ricard, Permanent Representative

VARIABLE COMPENSATION This variable portion is expressed as a percentage of the fixed annual portion. It may reach 15% of his gross fixed compensation if the (individual) qualitative targets are achieved. In this respect, during FY21, he received gross variable compensation of €8,868 relating to FY20. AMOUNTS RECEIVED IN RESPECT OF EMPLOYEE INCENTIVE AGREEMENT AND PROFIT-SHARING PLANS Under the employee profit-sharing plans in effect within Martell Mumm Perrier-Jouët, Mr Paul-Charles Ricard received €7,898 from incentive agreements and €6,402 from profit-sharing. COLLECTIVE HEALTHCARE AND WELFARE SCHEMES Mr Paul-Charles Ricard qualifies for the collective healthcare and welfare schemes offered by Martell Mumm Perrier-Jouët under the same terms as those applicable for the category of employees to which he belongs for the determination of his employee benefits and other additional components of his compensation. OTHER COMPONENTS OF COMPENSATION No special bonus/No allocation of stock options and/or performance shares/No compensation for termination of service/No supplementary pension scheme/No benefits in kind.

of Société Paul Ricard, member of the Board of Directors and Prestige & Craft Manager at Martell Mumm Perrier-Jouët FIXED COMPENSATION

Mr Paul-Charles Ricard receives gross fixed compensation for his duties as Prestige & Craft Manager at Martell Mumm Perrier-Jouët that amounted to €68,649 for FY21.

2.8.3

Components of the compensation paid or allocated during FY21

to Mr Alexandre Ricard, Chairman and CEO (8 th and 9 th resolutions) The compensation paid or allocated for FY21 to Mr Alexandre Ricard, Chairman and CEO, was approved by the Board of Directors at its meetings of 1 September 2020, 20 October 2020 and 31 August 2021 on the proposal of the Compensation Committee. The total compensation decided complies with the compensation policy as approved by the Shareholders’ Meeting of 27 November 2020 (12 th resolution), and in particular with the relationship between the amounts of variable compensation and the assessment of both the short- and long-term performance of the Company, to which the Chairman and CEO has made a significant contribution.

Amounts paid during the past financial year

Amounts allocated during the past financial year

Components of compensation Fixed compensation

Remarks

€1,100,000 €1,100,000

At its meeting of 1 September 2020, the Board of Directors decided, on the recommendation of the Compensation Committee, to maintain the gross fixed annual compensation of Mr Alexandre Ricard at €1,100,000 for FY21. At its meeting held on 31 August 2021, the Board of Directors, on the recommendation of the Compensation Committee and after approval of the financial elements by the Audit Committee, assessed the amount of the variable portion of Mr Alexandre Ricard’s compensation for FY21. Considering the quantitative and qualitative criteria set by the Board meeting on 21 October 2020 and the achievements recognised as of 30 June 2021, the amount of the variable portion was assessed as follows: for the quantitative criteria, the variable portion amounted to 150% of Mr Alexandre Ricard’s fixed annual compensation, versus a target of 80% and a maximum of 150%, breaking down as follows:

Variable annual compensation

€297,000 €1,980,000

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PERNOD RICARD UNIVERSAL REGISTRATION DOCUMENT 2020-2021