PERNOD-RICARD_REGISTRATION_DOCUMENT_2017-2018

C O N T E N T S

CONSOLIDATED FINANCIAL STATEMENTS ™ 5

151 152 153 154 156 157 158

PERNOD RICARD AT A GLANCE

2

EXTRACTS FROM THE INTEGRATED ANNUAL REPORT 1

Consolidated income statement 5.1

Consolidated statement of comprehensive income 5.2

5 6 8

Consolidated balance sheet 5.3

Changes in consolidated shareholders’ equity 5.4

Message from the chairman & chief executive officer Our history: a social & entrepreneurial adventure Identifying experiences of conviviality around the world Our DNA: the Pernod Ricard mindset a winning spirit of conquest Our unique and dynamic portfolio: to meet local market needs Our organisation: decentralised to capture new business opportunities

Consolidated cash flow statement 5.5

Notes to the consolidated financial statements 5.6 Statutory auditors' report on the consolidated 5.7 financial statements

10

200

12

6

PERNOD RICARD SA FINANCIAL STATEMENTS ™ Pernod Ricard SA income statement 6.1 Pernod Ricard SA balance sheet 6.2 Pernod Ricard SA cash flow statement 6.3 Analysis of Pernod Ricard SA results 6.4

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205 206 207 209 210 212 225 226 227 228 229

16 18 20 22 24 26 28

Our consumer-focused strategy

Our S & R model: for sustainable growth

Board of directors

The executive committee and the executive board

Notes to the Pernod Ricard SA financial statements 6.5 Other elements relating to the financial statements 6.6 Financial results over the last five financial years 6.7 Dividends distributed over the last five financial years 6.8 Statutory Auditors’ report on the financial statements 6.10 Statutory Auditors’ special report on regulated 6.11 agreements and commitments Inventory of marketable securities 6.9

Creating shared value Our key financial figures

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CORPORATE GOVERNANCE AND INTERNAL CONTROL

31

Report of the Board of Directors on corporate 2.1 governance Internal control and risk management 2.2 ™ Financial and accounting reporting 2.3 ™ SUSTAINABILITY & RESPONSIBILITY ™ 3 Committed to the future while embracing our past A strategy built around the concept of “Créateurs 3.1 de convivialité”

33 80 82 83 84 85 88 94 97

232

COMBINED SHAREHOLDERS’ MEETING 7 Combined shareholders' meeting held on 7.1 21 november 2018 - Agenda

235

236

Presentation of the resolutions of the Combined 7.2 Shareholders’ Meeting held on 21 November 2018 237 Draft resolutions of the combined shareholders' 7.3 meeting held on 21 november 2018 240 Statutory Auditors’ report on the issuance of ordinary 7.4 shares or securities conferring entitlement to share capital, reserved for members of company saving plans Statutory Auditors' report on the issuance of ordinary 7.5 shares orsecurities conferring entitlement to share capital, with cancellation of preferential subscription rights ABOUT THE COMPANY AND ITS SHARE CAPITAL 8 247 248

Empower our employees 3.2 Promote responsible drinking 3.3

Develop communities and involve our partners 3.4

Protecting the planet 3.5

103

Presentation and implementation of 3.6 the monitoring plan Verifying non-financial information 3.7

117 121

Reference table for the united nations global compact 3.8 principles and the sustainable development goals (SDGs) Report by one of the Statutory Auditors, appointed 3.9 as independent third party, on the consolidated human resources, environmental and social information included in the management report

124

249 250 252

Information about Pernod Ricard 8.1 Information about THE share capital 8.2 ADDITIONAL INFORMATION TO THE REGISTRATION DOCUMENT 9

125

4

257 258 258 259

MANAGEMENT REPORT ™

129

Persons responsible 9.1 ™ Documents on display 9.2

Key figures from the consolidated financial 4.1 statements for the year ended 30 June 2018 Analysis of business activity and results 4.2

130 132 135 136 137 138 147

Reference tables 9.3

Net debt 4.3 Outlook 4.4

Definitions and RECONCILIATION of alternative 4.5 performance indicators with IFRS indicators

Risk management 4.6 Significant contracts 4.7

Items in the annual financial report (AFR) are clearly identified in the contents by the pictogram ™