DANONE’S NUTRITION COMMITMENTS:2016-2020 CYCLE 1 2 3 Commitment: Continuously improve the nutritional quality of our products Target: 100% of volumes in line with the 2020 Nutritional Targets 2020 landing 86% Commitment: Design healthier alternatives relevant for consumers Target: Quality food habits data available in 100% of our strategic markets 2020 landing 50% Commitment: Further reinforce our expertise on the understanding of local nutrition practices and public health contexts Target: 100% of the strategic scope covered by 3 types of studies 2020 landing Nutritional Situations 88% Food habits 62% Food cultures 29% Commitment: Continuously improve the nutritional quality of our products Target: 100% of volumes in line with the Nutritional targets 2020 67% 86% 2020 landing 2016 In 2016, we have defined and disclosed comprehensive Nutritional Targets across our categories, including nutrients to limit (sugars, fat, salt...) and nutrients to encourage (protein, calcium, iron..). At end 2020, we are almost at 100% in our Specialized Nutrition and Waters businesses. The dairy business reached 73%, up from 54% at the start of the cycle. Our commitment was challenging, mainly regarding sugar content. The main thing we have learned is that progress can only be achieved if we move steadily and surely, with incremental changes that allow consumers to adjust happily to different taste profiles, without sudden discontinuities and surprises. An excellent example is the success of our global Danonino brand – which remains as popular as ever among children, while delivering a 25% reduction in added sugars since 2014. Read about further concrete actions on . page 13-14 Commitment: Design healthier alternatives relevant for consumers Target: High-quality data on food habits available in 100% of our strategic markets* in key geographies 21% 50% 2020 landing 2016 * Selection of subsidiairies in 20 countries representing 74% of Danone sales in 2020. Healthier Choices studies: a distinct and ambitious means to drive healthier habits. 17 of Danone’s major markets have built the capacity to gather data independently and carry out local Healthier Choice studies, on fluid as well as food consumption. Many of them have also monitored the portfolios of their peers on the supermarket shelf, with the goal of ensuring that Danone maintains its lead in healthier options. The insight from these studies has brought new fuel to the innovation process, in particular the development of cross-category innovation trends such as trusted local sourcing, organic ingredients, and all-natural recipes. Further progress, however, is required in this area. With better data on the ‘switching behavior’ of consumers as they move towards healthier options and dietary choices, our innovation teams will be better able to find new opportunities to satisfy demand and propose healthier choices. Read more on . page 25-26 Commitment: Further reinforce our expertise on the understanding of local nutrition practices and public health contexts Target: 100% of the strategic scope* covered by 3 types of studies * Selection of subsidiairies in 20 countries representing 74% of Danone sales in 2020. 2020 landing 2020 landing 2020 landing 2016 2016 2016 91% 88% 6% 62% 18% 29% Nutritional Situations Food habits Food cultures Knowledge of local context is key to our ‘local first’ approach in innovation. This holistic model, which reflects Danone’s vision on the importance of food and drink in society, has been adopted wholly or in part by our different businesses in 47 countries, over the last five-year cycle. Insights from these studies are valuable in two ways. They allow us to evaluate the place that own categories and products occupy in a particular local diet; and they give us a baseline from which to advocate for positive change, with partners and with competent authorities, in the context of the Food Revolution. Studies started in 2003. Read the educational approach of each type of study and what they bring on . page 9-10