PERNOD-RICARD - URD 2020-21

____ 2. CORPORATE GOVERNANCE COMPENSATION POLICY

Summary of components of the compensation due or granted to Mr Alexandre Ricard for the financial year Summary table of compensation paid and options and shares granted to Mr Alexandre Ricard (Table 1 AMF nomenclature)

FY21

FY20

(€)

Compensation due for the financial year (1)

1,404,394

3,087,294 (2)

Value of multi-year variable compensation allocated during the financial year

N/A

N/A

Value of options granted during the financial year

549,985

549,990

Value of performance shares allocated during the financial year

1,099,882

1,099,902

Value of performance shares allocated during the financial year in respect of the supplementary pension scheme (3)

142,312

69,919

Supplementary cash payment in respect of the supplementary pension scheme (3)

142,291

69,850

TOTAL

3,338,865

4,876,955 (2)

N/A: not applicable. This total includes the use of a company car. (1) The amount of the bonus due for the year will be subject to the ex-post vote of shareholders. (2) Annual component equal to 5% of fixed and variable compensation. (3)

Summary table of compensation paid to Alexandre Ricard (by the Company and the controlled companies as defined by article L. 233-16 of the French Commercial Code and the controlling company or companies) (Table 2 AMF nomenclature)

FY20 FY21 Amounts due Amounts paid Amounts due Amounts paid

(€)

Fixed compensation

1,100,000

1,100,000

1,100,000

1,100,000

Variable annual compensation (1)

297,000

1,745,810 1,980,000 (3)

297,000

Multi-year variable compensation

N/A

N/A

N/A

N/A

Special bonus

N/A

N/A

N/A

N/A

Compensation as Chairman of the Board of Directors

N/A

N/A

N/A

N/A

Benefits in kind (2)

7,394

7,394

7,294

7,294

TOTAL

1,404,394 2,853,204 3,087,294

1,404,294

N/A: not applicable. The variable compensation due in respect of the prior year is paid in the current year. (1) Company car. (2) The amount of the bonus due for the year will be subject to the ex-post vote of shareholders. (3)

Stock options granted to Mr Alexandre Ricard by the Company and any Group companies during the financial year (Table 4 AMF nomenclature)

Value of shares according to the method used for the consolidated financial statements (IFRS)

Number of options granted during the financial year

Type of options (purchase or subscription)

Performance conditions Positioning of the total performance of the Pernod Ricard share compared with the total performance of a panel of 12 companies over three years.

Date of plan n o 32

Strike price

Exercise period

27.11.2020

Purchase

€549,990

23,374

€154.11

From 28.11.2024 to 27.11.2028

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PERNOD RICARD UNIVERSAL REGISTRATION DOCUMENT 2020-2021