PERNOD RICARD - Universal Registration Document 2019-2020

2. CORPORATE GOVERNANCE Compensation policy

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)

FY19

FY20

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)

1,745,810

1,534,155

297,000 (3)

1,745,810

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)

7,417

7,417

7,394

7,394

TOTAL

2,853,227

2,641,572

1,404,394

2,853,204

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)

Type of options (purchase or subscription)

Number of options granted during the financial year

Performance conditions

Date of plan

Strike price

Exercise period

08.11.2019

Purchase

€549,985

22,545

€162.79 Positioning of the total performance of the Pernod Ricard share compared with the total performance of a panel of 12 companies over three years

From 09.11.2023 to 08.11.2027

Stock options exercised by Mr Alexandre RICARD during the year (Table 5 AMF nomenclature)

Number of options exercised during the financial year

Date of plan

Strike price

06.11.2015

13,662  (1)

€102.80

The initial allocation was 20,700 options (the external performance condition confirmed the availability of 66% of the options initially allocated). (1)

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Pernod Ricard Universal Registration Document 2019-2020