PERNOD-RICARD - URD 2021-22 EN

2. Corporate governance Compensation report

Amounts paid during the past financial year

Amounts allocated during the past financial year

Components of compensation Welcome bonus or compensation for termination of office

Remarks

No payment

No payment

Details of the non-compete clause and the forced departure clause are mentioned in the FY21 universal registration document, “Policy on deferred commitments” paragraph in Subsection 2.8.1.3 (page 70). Reminder of the FY22 policy : during its meeting of 31 August 2021, the Board of Directors decided that the Executive Director would receive additional annual compensation in respect of the supplementary pension scheme equal to 20% of his fixed and variable annual compensation, half of which in the form of an allocation of performance shares (10%) and half in cash (10%). During FY22 : allocation of: 1,166 performance shares, subject to internal performance conditions, and 820 performance shares subject to an external performance condition. The performance, and presence conditions applicable to these allocations are the same as those provided for in the Group’s overall performance share allocation plan in force on the grant date (described in the “Allocation of performance-based shares” paragraph of Subsection 2.8.1.3 of the FY21 universal registration document, page 69). On the same principle as for grants of performance shares, Mr Alexandre Ricard is subject to lock-in obligations (see the above reference); Mr Alexandre Ricard has undertaken to invest the cash payment of €323,000, net of social security contributions and tax, in investment vehicles dedicated to financing his supplementary pension. Mr Alexandre Ricard qualifies for the collective healthcare and welfare schemes offered by the Company under the same terms as those applicable to the category of employees to which he belongs for the determination of his welfare benefits and other additional components of his compensation.

Supplementary pension scheme

€322,815 (total IFRS value of performance shares with internal

and external performance conditions)

€323,000 (payment in cash of 10% of the fixed and variable annual compensation)

Collective healthcare and welfare schemes

Other benefits

6,552 €

Mr Alexandre Ricard benefits from a company car.

N/A: Not applicable.

70

Pernod Ricard Universal Registration Document 2021-2022