PERNOD RICARD - 2018-2019 Universal registration document

4.

RISK MANAGEMENT Risk factors

Human safety risk 1 4.

Risk identification and description

Potential impacts on the Group

Preventing and managing occupational risks is something the Company owes its employees. The notion of “occupational risk” can be defined as all threats to the health of employees encountered in the context of their professional activity. They may result in an accident or a so-called “occupational” illness. A non-exhaustive list of occupational risks Pernod Ricard is committed to preventing is as follows: risks relating to noise and vibrations; — electrical risk; — fire and explosion risk; — road risk; — risks relating to the use of certain machines or work equipment; — psychosocial risks. —

The main potential effects on the Group stem from personal injuries. Reputational impact related to inadequate management of working conditions must also be taken into account. The most serious impacts are therefore: the death of several employees, subcontractors, visitors or third — parties; permanent disability of several employees, subcontractors, — visitors or third parties; occupational illness. —

Risk control andmitigation The Group has therefore embarked on a process to reduce workplace accidents by launching a comprehensive inventory of industrial sites with the greatest potential for improvement at the end of 2017. To date, the main industrial sites are assessed by an external company in accordance with specific criteria in terms of both the safety culture and the OHSAS 18001 management system for Health and Safety at Work. Building on this overview and the commitment of senior management, the Group has signalled its goal of becoming leader in the wine and spirits sector in terms of Health and Safety by 2025. This goal is embodied in a programme known as “Taking care of each other”, built on the following three strategic pillars: develop a culture where safety is central to the Group’s values of conviviality; — engage, motivate and empower all employees and subcontractors on the issue of safety; — improve our operational efficiency through excellence in Health and Safety. — This programme is part of the Group’s S&R strategy, and has gradually been extended to all affiliates.

Note that this risk is also covered in Section 3.3.2.3 of the Extra-Financial Reporting. 1

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PERNOD RICARD UNIVERSAL REGISTRATIONDOCUMENT