PERNOD-RICARD_REGISTRATION_DOCUMENT_2017-2018

5

CONSOLIDATED FINANCIAL STATEMENTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Outstanding shares on 30 June 2018

Expense for shares for FY18 € thousand

Presence of performance condition

Type of shares

Number of beneficiaries

Shares acquired from Shares vested from

Plan dated 06.11.2013 Plan dated 06.11.2014 Plan dated 06.11.2015 Plan dated 17.11.2016 Plan dated 17.11.2016 Plan dated 09.11.2017

07.11.2016 (FRA)

07.11.2017 (ROW)

07.11.2018 (FRA)

07.11.2017 (ROW)

Free Conditional

1,089

0

935

Free Conditional

1,007

07.11.2018

07.11.2018 360,148

6,507

Free Conditional

1,006

07.11.2019

07.11.2019 359,493

7,769

Free Conditional

997

18.11.2020

18.11.2020 429,576

8,994

33% 18.11.2019 33% 18.11.2020 33% 18.11.2021

33% 18.11.2017 33% 18.11.2018 33% 18.11.2019

49,704

0 (1)

Free Unconditional

6

Free Conditional

1,000

10.11.2021

10.11.2021 366,449

6,094

French tax residents; ROW: non-French tax residents. FRA: For this plan, the Group took the decision to exceptionally recognise all expenses over the 2016/17 year. (1)

The Group recognised an expense of €2.6 million as an operating loss for four stock option plans in the process of vesting on 30 June 2018, as well as an expense of €30.3 million in respect of the five performance-based share plans.

The history of stock option plans that have not yet expired is detailed in the “Management report” section of the Registration Document. Regarding stock options already vested, the total number of options outstanding is 235,921, for which the average remaining life is one year.

Annual expenses € million

30.06.2018

30.06.2017

Stock options – through a double entry to equity

3

3

Performance-based and bonus shares – through a double entry to equity

30 33

30 33

TOTAL ANNUAL EXPENSES

Changes made to outstanding stock options/shares during the year (period from 01.07.2017 to 30.06.2018) are described below:

Outstanding options on 30.06.2018

Presence of performance condition

Outstanding options on 30.06.2017

Allocated during the period

Cancelled during the period

Exercised during the period

Type of options

Expired during the period

Plan dated 24.06.2010 Purchase Unconditional Plan dated 24.06.2010 Purchase Conditional Plan dated 15.09.2010 Purchase Conditional Plan dated 15.06.2011 Purchase Unconditional Plan dated 15.06.2011 Purchase Conditional Plan dated 06.11.2013 Purchase Conditional Plan dated 06.11.2015 Purchase Conditional Plan dated 17.11.2016 Purchase Conditional Plan dated 09.11.2017 Purchase Conditional

148,599 143,342 67,500 215,266 231,663

0 0 0 0 0 0 0 0

0 0 0 0 0 0

148,599 143,342 67,500 60,720 150,288

0 0 0 0 0 0 0 0 0

0 0 0

154,546 81,375

0

0 0 0 0

0

277,975 150,008

1,450

276,525 150,008 124,050

0 0

0

124,050

191

PERNOD RICARD REGISTRATION DOCUMENT 2017/2018