PERNOD-RICARD - URD 2021-22 EN

2. Corporate governance Compensation report

2.8.1

Components of the compensation paid or allocated during FY22

to Mr Alexandre Ricard, Chairman and CEO (8 th resolution) The compensation paid or allocated for FY22 to Mr Alexandre 10 November 2021 (10 th resolution), and in particular with the Ricard, Chairman and CEO, was approved by the Board of relationship between the amounts of variable compensation and Directors at its meetings of 31 August 2021, 20 October 2021 the assessment of both the short- and long-term performance of and 31 August 2022 on the proposal of the Compensation the Company, to which the Chairman and CEO has made a Committee. The total compensation decided complies with the significant contribution. compensation policy as approved by the General Meeting of Summary of the compensation paid or awarded to the Chairman and CEO during FY22

€1,250,000 Fixed compensation

€2,250,000 Variable annual compensation

€1,874,744 Long-term incentive plan (1)

€645,815 Pension (50% in shares and 50% in cash)

€6,552 Company car

(1) IFRS valuation.

“Say on Pay” table relating to the compensation paid or awarded to the Chairman and CEO during FY22

Amounts paid during the past financial year

Amounts allocated during the past financial year

Components of compensation Fixed compensation

Remarks

Reminder of the FY22 policy : At its meeting of 31 August 2021, the Board of Directors decided, on the recommendation of the Compensation Committee, to increase the gross annual fixed compensation of Mr Alexandre Ricard to €1,250,000 as of FY22. For FY22 : Mr Alexandre Ricard received fixed compensation in the amount of €1,250,000. Reminder of the FY22 policy: The purpose of variable annual compensation is to compensate the performance achieved during the financial year by the Executive Director in terms of the annual performance objectives set by the Board of Directors in accordance with the corporate strategy. Its amount may vary between 0% and 110% if the quantitative and qualitative objectives are achieved (target level) and may rise to a maximum of 180% if the Group records exceptional financial and non-financial performance in relation to the objectives. In respect of FY22: At its meeting held on 31 August 2022, 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 FY22. Considering the quantitative and qualitative criteria set by the Board meeting on 20 October 2021 and the achievements recognised as of 30 June 2022, 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%,

€1,250,000

€1,250,000

Variable annual compensation

€1,980,000

€2,250,000

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Pernod Ricard Universal Registration Document 2021-2022