Notice of meeting 21-22

The Group in FY22

Americas € million

Organic growth (1)

30.06.2021

Reported growth

30.06.2022

Net sales

2,627 1,699 (470) 1,229

3,133

506

19% 21% 21% 21%

319 179 (65)

12% 11% 14%

Gross margin after logistics expenses Advertising and promotion expenses

2,059 360

(568) 1,491

(98) 262

Contribution after advertising and promotion

114

9%

Profit from recurring operations

803

1,014 211

26% 95

12%

Organic growth, defined in Note 5.5.1 – Organic growth of the FY22 universal registration document. (1)

Asia/Rest of World € million

Organic growth (1)

30.06.2021

Reported growth

30.06.2022

Net sales

3,640 2,060 (542) 1,518

4,438 2,496 (633) 1,862

799 436

22% 21%

674 383 (67)

19% 19% 12% 21%

Gross margin after logistics expenses Advertising and promotion expenses

(91)

17%

Contribution after advertising and promotion

344

23%

316

Profit from recurring operations

996

1,220 225

23% 213

21%

Organic growth, defined in Note 5.5.1 – Organic growth of the FY22 universal registration document. (1)

Europe € million

Organic growth (1)

30.06.2021

Reported growth

30.06.2022

Net sales

2,557 1,534 (381) 1,153

3,130 573

22% 25% 30% 23%

483 342

19% 22% 28% 20%

Gross margin after logistics expenses Advertising and promotion expenses

1,918 (496) 1,422

384

(115)

(107)

Contribution after advertising and promotion

269

235

Profit from recurring operations

624

790 166

27% 156

25%

Organic growth, defined in Note 5.5.1 – Organic growth of the FY22 universal registration document. (1)

7.2.2

Organic net sales growth of Strategic International Brands

Organic growth (1) in net sales

Volume growth

Volumes 30.06.2021

Volumes 30.06.2022

Price/mix

In millions of 9-litre cases

Absolut

10.5

12.4

+19% +29% +27%

+18% +27% +20%

+1% +1% +7%

Chivas Regal

3.6 7.6 4.2 8.6 4.3 4.8 2.9 2.4 0.2 0.7 0.3 1.4

4.6

Ballantine’s

9.1

Ricard

4.5

+4%

+5%

-1%

Jameson

10.4

+24% +20%

+22%

+2%

Havana Club

4.6 4.9 3.7 2.5 0.2 0.7 0.3 1.6

+5% +3%

+15% +4% +8% +3% +2% +6% +6% +16%

Malibu

+7%

Beefeater

+35%

+27%

Martell

+7%

+4%

The Glenlivet Royal Salute

+21%

+19% +32%

+38%

Mumm

+9%

+3%

Perrier-Jouët

+32%

+16%

Strategic International Brands

51.5

59.6

+18% +16% +3%

Organic growth, defined on page 194 of the FY22 universal registration document. (1)

Net sales for FY22 amounted to €10,701 million, representing organic growth of 17%. Growth was 21% as reported, with a favourable foreign exchange impact due to the appreciation of the US dollar and Chinese yuan against the Euro.

37

Pernod Ricard Notice of meeting 2022