DANONE S/ADR - DANOY STOCK NEWS

Danone has filed its 2021 Universal Registration Document with the French Financial Markets Authority on March 16, 2022. The document includes key components such as:

• Annual Financial Report
• Board of Directors’ corporate governance report
• Description of the share buyback program
• Management report featuring a non-financial performance statement

This document is publicly accessible on Danone's website under the Investors section.

Danone S.A. has reported its total number of shares and voting rights as of February 28, 2022. The company has 687,682,489 shares outstanding. The total theoretical voting rights stand at 712,874,930, while the total exercisable voting rights are 663,283,331. This information is provided to comply with French regulations regarding transparency and shareholder rights.

Danone has announced the availability of its 2021 consolidated financial statements and the statutory auditors’ report. These documents, detailing the company’s financial performance for the fiscal year ended December 31, 2021, are accessible online through their website.

For more information, the materials can be found in the Investors section under Regulated Information at www.danone.com.

Danone's new CEO, Antoine de Saint-Affrique, unveiled the "Renew Danone" strategic plan at a Capital Market Event aimed at restoring growth and enhancing value creation. The plan focuses on four pillars: restoring competitiveness, selective expansion, future growth avenues, and active portfolio rotation. Targets for 2022 include price-led sales growth between +3% and +5% and a recurring operating margin above 12%. The strategy emphasizes capital discipline, increased investments, and prioritizing consumer needs, aiming for a sustainable growth model.

Danone announces the proposal of three independent Directors for its Board, subject to shareholder approval during the 2022 Shareholders’ Meeting. The candidates include Patrice Louvet, CEO of Ralph Lauren; Géraldine Picaud, CFO of Holcim; and Susan Roberts, a nutrition expert at Tufts University. This move is part of Danone's ongoing Board renewal strategy, aiming for 80% independence and gender parity by 2023, alongside a blend of global experience in Consumer Goods, Health, and Sustainability.

Danone reported a solid performance in FY 2021, with net sales of €24,281m, marking a +3.4% increase on a like-for-like basis. Q4 sales surged by +6.7% and the company achieved a FY recurring operating margin of 13.7%. Despite a slight dip in recurring EPS to €3.31 (-1.1% vs last year), free cash flow increased by 21.3% to €2.5bn. However, the reported operating margin fell to 9.3%, influenced by one-off costs during transformation efforts. A €1.94 dividend per share was proposed, consistent with previous year. A capital market event is scheduled for March 8, 2022.

DANONE has updated its total number of voting rights and shares as of January 31, 2022. The company reports a total of 687,682,489 shares outstanding, with 712,945,694 theoretical voting rights and 663,354,095 exercisable voting rights. The distinction between theoretical and exercisable voting rights is crucial for understanding shareholding thresholds, as some shares may have suspended voting rights.

Danone has released information regarding its voting rights and shares as of December 31, 2021. The company reports a total of 687,682,489 shares and 712,985,174 theoretical voting rights. The number of exercisable voting rights stands at 663,392,164. This disclosure complies with French regulations to keep shareholders informed about shareholding thresholds and voting rights.

On January 6, 2022, Danone announced key appointments to its Executive Committee, aimed at enhancing its leadership in operations, research, innovation, quality, and sustainability. Vikram Agarwal will serve as Chief Operations Officer, starting January 2022, with over 33 years of experience. Isabelle Esser will take on the Chief Research, Innovation, Quality and Food Safety Officer role in April 2022, bringing 25 years of expertise. Henri Bruxelles will become Chief Sustainability and Strategic Business Development Officer, focusing on sustainable growth opportunities. CEO Antoine de Saint-Affrique emphasized the importance of these additions.