PERNOD-RICARD - URD 2021-22 EN

2. Corporate governance Structure and operations of the Committees

2.7.5

Strategic Committee

Composition

At 31 August 2022, the Strategic Committee was composed of: Chairman: Mr Alexandre Ricard (Chairman and CEO) Members: Mr Ian Gallienne (Independent Director) Ms Anne Lange (Independent Director) Mr Philippe Petitcolin (Independent Director) Société Paul Ricard represented by Patricia Ricard Giron (Director) Ms Virginie Fauvel (Independent Director)

Four out of the six Directors who are members of the Strategic Committee are Independent Directors (67%), it being noted that the AFEP-MEDEF Code does not make any recommendation regarding the Strategic Committee’s independence. During FY22, the Strategic Committee met once, 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 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, disposals or acquisitions; and generally, dealing with any strategic issues affecting the Company or the Group. During FY22, targeted presentations focusing on key markets for the Group or categories were made. All Board members also took part in the presentation of the continuation of the “Transform & Accelerate” season 2 strategic plan. In FY23, the Committee will continue with the tasks entrusted to it by 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 FY22

Outlook for FY23

2.7.6

CSR Committee

Composition

At 31 August 2022, the CSR Committee was composed of: Chairwoman: Ms Patricia Barbizet (Lead Independent Director) Members: Ms Veronica Vargas (Director) Ms Namita Shah (Independent Director)

Two out of the three Directors who are members of the CSR Committee are Independent Directors (67%), it being noted that the AFEP-MEDEF Code does not make any recommendation regarding the CSR Committee’s independence. During FY22, the CSR Committee met three times, with an attendance rate of 100%. The roles and mission of the CSR Committee are the following: examining, reviewing and evaluating the Group’s S&R strategy; carrying out the Group's strategy in qualitative and quantitative terms and monitoring reporting systems; assessing the risks and opportunities in terms of social and environmental performance; and preparing the annual non-financial performance statement. During FY22, the CSR Committee’s main activities included: presenting the CSR strategy and progress on the objectives for each pillar; reflection and modification of certain Group objectives in terms of CSR strategy (net zero carbo); presentation of projects developed or under development at Group level to meet the Group’s CSR strategy objectives; and review and monitoring of CSR reporting. In FY23, the Committee will continue with the tasks entrusted to it by the Board of Directors. It will continue to review the Group’s ambitions to ensure that Pernod Ricard is in line with, or even ahead of, market trends and anticipates future challenges.

Main roles

Main activities in FY22

Outlook for FY23

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Pernod Ricard Universal Registration Document 2021-2022