PERNOD-RICARD_REGISTRATION_DOCUMENT_2017-2018

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CORPORATE GOVERNANCE AND INTERNAL CONTROL REPORT OF THE BOARD OF DIRECTORS ON CORPORATE GOVERNANCE

Cédric Ramat, EVP Human Resources, Sustainability & Responsibility. ● Note that as of the filing date of this Registration Document, the composition of the Executive Board was as follows: Alexandre Ricard, Chairman & CEO, Executive Director; ●

The Executive Committee meets between eight and 11 times a year. Composition of the Executive Committee on 30 June 2018: the Executive Board; and ● the Chairmen of the Brand Companies: ● Chivas Brothers, Laurent Lacassagne, Chairman & CEO, ● Martell Mumm Perrier-Jouët, César Giron, Chairman & CEO, ● Pernod Ricard Winemakers, Bruno Rain, Chairman & CEO, ● Irish Distillers Group, Jean-Christophe Coutures, Chairman & CEO, ● The Absolut Company, Anna Malmhake, Chairwoman & CEO; and ● the Chairmen of the Market Companies: ● Pernod Ricard North America, Paul Duffy, Chairman & CEO, ● Pernod Ricard Asia, Philippe Guettat, Chairman & CEO, ● Pernod Ricard Europe, Middle East, Africa and Latin America, ● Christian Porta, Chairman & CEO, Pernod Ricard Global Travel Retail, Mohit Lal, Chairman & CEO, ● Ricard SAS and Pernod SAS, Philippe Savinel, Chairman & CEO. ● Note that as of the filing date of this Registration Document, the composition of the Executive Committee was as follows: the Executive Board; ● the Chairmen of the Brand Companies: ● Chivas Brothers, Jean-Christophe Coutures, Chairman & CEO, ● Martell Mumm Perrier-Jouët, César Giron, Chairman & CEO, ● Pernod Ricard Winemakers, Bruno Rain, Chairman & CEO, ● Irish Distillers Group, Conor McQuaid, Chairman & CEO, ● The Absolut Company, Anna Malmhake, Chairwoman & CEO; ● the Chairmen of the Market Companies: ● Pernod Ricard North America, Paul Duffy, Chairman & CEO, ● Pernod Ricard Asia, Philippe Guettat, Chairman & CEO, ● Pernod Ricard Europe, Middle East, Africa and Latin America, ● Gilles Bogaert, Chairman & CEO, Pernod Ricard Global Travel Retail, Mohit Lal, Chairman & CEO, ● Ricard SAS and Pernod SAS, Philippe Savinel, Chairman & CEO. ●

Hélène de Tissot, EVP Finance, IT and Operations; ● Amanda Hamilton-Stanley, General Counsel; ●

Christian Porta, Managing Director, Global Business Development; ● Cédric Ramat, EVP Human Resources, Sustainability & Responsibility. ● The Executive Board prepares, examines and approves all decisions relating to the functioning of the Group and submits these decisions to the Board of Directors when the latter’s approval is required. It organises the Executive Committee’s work. The Group Communication Department and the BIG (Breakthrough Innovation Group) also report to the Chairman & CEO. Executive Committee 2.1.13.2 The Executive Committee is the Management unit of the Group comprising the Executive Board and the Chairmen of the Group’s direct affiliates. The Executive Committee provides coordination between the Headquarters and its affiliates as well as between the affiliates themselves (Brand Companies and Market Companies). Under the authority of General Management, the Executive Committee ensures that Group business is carried out and that its main policies are applied. In this capacity, the Executive Committee: examines the Group’s activity and how it varies from the ● development plan; gives its opinion regarding the establishment of objectives (earnings, ● debt and qualitative objectives); periodically reviews the brands’ strategies; ● analyses the performance of the Group’s network of Market ● Companies and Brand Companies and recommends any necessary organisational adjustments; and approves and enforces adherence to the Group’s main policies ● (Human Resources, best marketing and business practices, Quality, Safety and Environment (QSE) policies, corporate responsibility, etc.).

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PERNOD RICARD REGISTRATION DOCUMENT 2017/2018