PERNOD RICARD - Universal Registration Document 2019-2020

8. COMBINED SHAREHOLDERS’ MEETING Presentation of the resolutions of the Combined Shareholders’ Meeting on 27 November 2020

EIGHTEENTH RESOLUTION Amendment to article 21 “Meetings” of the Company’s bylaws in order to introduce the possibility for the Board of Directors to make decisions by written consultation under the conditions set by the regulations (SOILIHI law) By the vote of the 18 th  resolution , we ask you to modify the provisions of the bylaws relating to the Board of Directors' meetings (article 21) in order to introduce the possibility for the Board of Directors to take decisions by written consultation under the conditions set by the regulations and to comply with the law on the Simplification, Clarification and Updating of company law (SOILIHI law).

NINETEENTH RESOLUTION Amendment to articles 25 “Compensation of members of the Board”, 28 “Censors” and 35 “Ordinary General Shareholders’ Meetings” of the bylaws in order to replace the term “Directors’ fees” by “compensation” (in accordance with the PACTE law) By the vote of the 19 th  resolution , we ask you to modify the provisions of the bylaws relating to the compensation of members of the Board of Directors (article 25), to censors (article 28) and to Ordinary Shareholders’ Meetings (article 35) in order to replace the term “Directors’ fees” by “compensation” in accordance with the law on Business Growth and Transformation (PACTE law). TWENTIETH RESOLUTION Powers to carry out the required legal formalities By voting on the 20 th  resolution , the Shareholders’ Meeting is asked to authorise the Board of Directors to carry out the required legal formalities, where applicable.

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