danone design：Improve nutrition by design

Given the healthy nature of our portfolio, a significant part of our sales volumes does not require nutritional improvement, for instance water, that represents about two-thirds of Danone sales in volumes. For the remaining part, we have an approach of continuous nutritional improvement through step-by-step reformulation.

We look at each product in an integral way, defining minimum levels for the nutrients to encourage and reducing the content of the nutrients to limit, aiming at improving the global nutritional profile of the product: target values are defined on all key nutrients that are relevant in each category. They were published for the first time in December 2016 and then were updated in 2019, 2021, and 2023. The 2023 edition of our Nutritional Targets[1] are used by our business units as a benchmark for innovation and renovation.

References 2023 edition of our Nutritional Targets (www.danone.com)