NUTRITION and HEALTH at DANONE: a cycle of continuous improvement, led by science and by our consumers In June 2017, discussions between business leaders at the annual Consumer Goods Forum – representing the world’s best-known food brands and their mass market retailers – took an unexpected turn. The food revolution 1 In 2017, Danone unveiled a new company signature, One Planet. One Health - the expression of our ambition and efforts to drive the new Food Revolution together with our consumers, One planet. one health 2 1 The food revolution In June 2017, discussions between business leaders at the annual Consumer Goods Forum – representing the world’s best-known food brands and their mass market retailers – took an unexpected turn. Danone CEO Emmanuel Faber created headlines by declaring that the global Food System is beginning to break down. In the past decades, it has become a victim of its own achievement: successfully feeding a rapidly growing population. But by treating food mostly as a commodity driven by market forces, the globalized food system also contributes to social and environmental damage, including high levels of diabetes and obesity in many communities, major effects on climate change and disruptions to biodiversity and the ecological balance of nature. Danone’s call in 2017 was for a radical transformation of the Food System - to be more local, more healthy and more friendly to the environment, with inclusivity and transparency as a fundamental requirement. For years now, many have joined the Food Revolution which calls for the adoption of healthier diets and more sustainable ways of designing, producing and marketing food. This revolution is being led, not only by companies, but by ordinary people - a new generation of self-aware, planet-aware consumers who believe, as we do, that each time we eat and drink, each of us can vote for the world we want. 2 One Planet. One Health In 2017, Danone unveiled a new company signature, One Planet. One Health - the expression of our ambition and efforts to drive the new Food Revolution together with our consumers, customers and a broad set of stakeholders, and to reflect our strong belief that the health of people and that of the planet are interconnected. But for a company like Danone, this statement of ambition and new purpose was not revolutionary, but simply a logical and timely next step in our multi-decade journey to offer our consumers the benefits of health through what they eat and drink. With a long-standing mission to bring health through food to as many people as possible, Danone is a leading multi-local food and beverage company that builds on health-focused and fast-growing categories: Essential Dairy and Plant-based products (EDP), Waters and Specialized Nutrition (SN). In all our business activities – Research and Innovation, Ingredient Sourcing and Manufacturing, Transparent Labelling, Brand Support and Responsible Marketing – Danone always aims to inspire healthier and more sustainable eating and drinking practices. In our sourcing, we work to encourage agricultural practices that protect soil, plant diversity and water resources, and, as a result, ensure the long-term sustainability of our food systems. More than a vision, Danone has made of One Planet. One Health its frame of action, aligned with the UN SDGs.