It all starts with what we offer Our first lever is our products The remaining 10% are: - low sugar beverages - indulgence products - cooking aids 90% of volumes sold in 2020(1) are in healthy categories This is the result of our strategic choice to build a unique health-focused portfolio. Discover a 25-year transformation journey (1) in the scope of the One Health Scorecard explained in page 41 Evolution of the compositionof Danone sales in value: Dairy & Plant-BasedProducts 54% Water andlow sugar beverages 15% Specialized Nutrition 31% 2020 Dairy products 26% Biscuits 20% Water 10% Italian Cheese 9% Prepared & frozen foods 9% Beers 8% Glass packaging 7% Sauces 5% Specialized Nutrition 3% Pasta 3% 1996