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    BN   FR0000120644

DANONE

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Danone : Second Supplement to EMTN base prospectus

09/27/2021 | 02:32am EDT

SECOND SUPPLEMENT DATED 24 SEPTEMBER 2021

TO THE BASE PROSPECTUS DATED 21 APRIL 2021

DANONE

€13,000,000,000

Euro Medium Term Note Programme

This prospectus supplement (the "Supplement") constitutes a second supplement to and must be read in conjunction with the base prospectus dated 21 April 2021 prepared by Danone (the "Issuer" or "Danone") in relation to its €13,000,000,000 Euro Medium Term Note Programme (the "Programme") which received approval number 21-116 from the Autorité des marchés financiers (the "AMF") on 21 April 2021, as supplemented by a first prospectus supplement dated 21 May 2021 which received approval number 21-171 from the AMF on 21 May 2021 (the "Base Prospectus"). Terms defined in the Base Prospectus have the same meaning when used in this Supplement.

Application has been made for approval of this Supplement to the AMF in its capacity as competent authority under Regulation (EU) 2017/1129 of the European Parliament and of the European Council of 14 June 2017 (the "Prospectus Regulation").

This Supplement has been prepared for the purpose of giving information with regard to the Issuer and the Notes to be issued under the Programme additional to the information already contained or incorporated by reference in the Base Prospectus pursuant to article 23 of the Prospectus Regulation.

To the extent there is any inconsistency between (a) any statement in this Supplement or any statement incorporated by reference into the Base Prospectus by this Supplement, and (b) any other statement in or incorporated by reference in the Base Prospectus, the statements in (a) above will prevail.

Save as disclosed in this Supplement, there has been no other significant new factor, material mistake or inaccuracy relating to information included in the Base Prospectus which is capable of affecting the assessment of Notes since the publication of the Base Prospectus.

This Supplement has been produced for the purpose of updating the "Documents Incorporated by Reference", "Recent Developments" and "General Information" sections of the Base Prospectus.

Copies of the Base Prospectus, any document containing information incorporated by reference in the Base Prospectus, this Supplement and the Final Terms related to Notes that are listed and admitted to trading on any Regulated Market in the EEA will be available for viewing on the website of the Issuer (www.danone.com) and may be obtained, during normal business hours at the registered office of the Issuer and the specified offices of the Fiscal Agent and each of the Paying Agents (as defined herein). Copies of the Base Prospectus, this Supplement and the Final Terms related to Notes that are listed and admitted to trading on any Regulated Market in the EEA will also be available on the website of the AMF (https://www.amf-france.org).

1

TABLE OF CONTENTS

DOCUMENTS INCORPORATED BY REFERENCE

page 3

RECENT DEVELOPMENTS

page 11

GENERAL INFORMATION

page 13

PERSON RESPONSIBLE FOR THIS SUPPLEMENT

page 14

2

DOCUMENTS INCORPORATED BY REFERENCE

The section "Documents Incorporated by Reference" appearing on pages 34 to 39 of the Base Prospectus is deleted in its entirety and replaced by the following:

This Base Prospectus should be read and construed in conjunction with the following:

  1. the pages referred to in the table below included in the 2019 Universal Registration Document in the French language1, filed with the AMF on 19 March 2020 under No. 20-0139, which contains the audited consolidated annual financial statements of Danone for the financial year ended 31
    December 2019 (the "2019 Universal Registration Document")(https://www.danone.com/en/emtn-prospectus/2019/udr_2019.pdf);
  2. the pages referred to in the table below included in the 2020 Universal Registration Document in

the French language1, filed with the AMF on 18 March 2021 under No. 21-0151, which contains the

audited consolidated

annual

financial statements of Danone

for the financial

year ended

31 December 2020

(the

"2020

Universal

Registration

Document")

(https://www.danone.com/content/dam/danone-corp/danone-com/investors/fr-all-

publications/2020/registrationdocuments/Danone_URD2020_FR.pdf);

  1. the sections referred to in the table below included in the 2021 Interim Financial Report in the French language for the six-month period ended 30 June 2021 which is dated 29 July 2021 (the "2021 Interim Financial Report") (https://www.danone.com/content/dam/danone-corp/danone-com/investors/fr-all-publications/2021/interimfinancialreports/Danone%20- %20Rapport%20financier%20semestriel%202021.pdf); and
  2. the terms and conditions of the notes contained in the base prospectuses of the Issuer dated
28 October2013(https://www.danone.com/en/emtn- prospectus/2013/20131028_Danone_2013_EMTN_Base_Prospectus.pdf, the "2013 EMTNConditions"),24 October 2014(https://www.danone.com/en/emtn- prospectus/2014/Prospectus_du_programme_EMTN_en_date_du_24_octobre_2014.pdf, the "2014

EMTN Conditions"), 26 October 2015 (https://www.danone.com/en/emtn- prospectus/2015/Danone_2015_Base_Prospectus.pdf, the "2015 EMTN Conditions"), 26 September 2016 (https://www.danone.com/en/emtn-prospectus/2016/Update_Base_Prospectus.pdf, the "2016 EMTN Conditions"), 20 October 2017 (https://www.danone.com/en/emtn- prospectus/2017/Danone_2017_Base_Prospectus.pdf, the "2017 EMTN Conditions"), 12 April 2019 (https://www.danone.com/en/emtn-prospectus/2019/danone-2019_base-prospectus_visa.pdf, the "2019 EMTN Conditions") and 9 April 2020 (https://www.danone.com/content/dam/danone- corp/danone-com/investors/fr-emtn- prospectus/2020/emtnprospectus/2020_EMTN_Base_Prospectus.pdf, the "2020 EMTN Conditions" and, together with the 2013 EMTN Conditions, the 2014 EMTN Conditions, the 2015 EMTN Conditions, the 2016 EMTN Conditions, the 2017 EMTN Conditions and the 2019 EMTN Conditions, the "EMTN Previous Conditions"),

which shall be deemed to be incorporated by reference, save that any statement contained in a document which is incorporated by reference herein shall be deemed to be modified or superseded for the purpose of this Base Prospectus to the extent that a statement contained herein modifies or supersedes such earlier statement (whether expressly, by implication or otherwise).

1 For information purposes only, the English language translations of (i) the 2019 Universal Registration Document and (ii) the 2020 Universal Registration Document are available on the website of the Issuer (www.danone.com). For ease of reference, the page numbering of the English language translations of the documents incorporated by reference is identical to the French versions. These English language translations are not incorporated by reference herein.

3

This Base Prospectus and copies of all documents incorporated by reference in this Base Prospectus shall be published on and may be obtained from the website of the Issuer (www.danone.com).

The non-incorporated parts of the documents incorporated by reference in this Base Prospectus shall not form part of this Base Prospectus and are either not relevant for the investors or covered elsewhere in this Base Prospectus.

Other than in relation to the documents which are incorporated by reference, the information on the websites to which this Base Prospectus refers does not form part of this Base Prospectus and has not been scrutinised or approved by the AMF.

For the purpose of the Prospectus Regulation, information can be found in the documents incorporated by reference in this Base Prospectus in accordance with the following cross-reference table (in which the numbering refers to the relevant items of Annex 7 of the Commission Delegated Regulation (EU) 2019/980 of 14 March 2019 supplementing the Prospectus Regulation, as amended (the "Commission Delegated Regulation")).

Commission Delegated Regulation - Annex 7

2021 Interim

2020 Universal

2019 Universal

Registration

Registration

Financial Report

Document

Document

A7.2

STATUTORY AUDITORS

A7.2.1

Names and addresses of the issuer's

auditors for the period covered by the

historical financial information

Page 6

Pages 6 and 7

(together with their membership in a

professional body).

A7.2.2

If auditors have resigned, been

removed or not been re-appointed

during the period covered by the

Not applicable

Not applicable

historical financial information,

details if material.

A7.3

RISK FACTORS

A7.3.1

A description of the material risks that

are specific to the issuer and that may

affect the issuer's ability to fulfil its

obligations under the securities, in a

limited number of categories, in a

section headed 'Risk Factors'.

In each category the most material

risks, in the assessment of the issuer,

Page 10

Pages 20 to 32

offeror or person asking for admission

to trading on a regulated market,

taking into account the negative

impact on the issuer and the

probability of their occurrence, shall

be set out first. The risk factors shall

be corroborated by the content of the

registration document.

A7.4

INFORMATION ABOUT THE

ISSUER

A7.4.1

History and development of the

Issuer:

A7.4.1.1

the legal and commercial name of the

Page 6

Issuer;

4

Commission Delegated Regulation - Annex 7

2021 Interim

2020 Universal

2019 Universal

Registration

Registration

Financial Report

Document

Document

A7.4.1.2

the place of registration of the issuer

and its registration number and legal

Page 6

entity identifier ('LEI');

A7.4.1.3

the date of incorporation and the

length of life of the Issuer, except

Page 6

where indefinite; and

A7.4.1.4

the domicile and legal form of the

issuer, the legislation under which the

issuer operates, its country of

incorporation, the address, telephone

number of its registered office (or

principal place of business if different

Page 6

from its registered office) and website

of the issuer, if any, with a disclaimer

that the information on the website

does not form part of the prospectus

unless that information is incorporated

by reference into the prospectus.

A.7.4.1.5

Any recent events particular to the

issuer and which are to a material

Pages 4-5, 10, 20

Pages 14-15,69-70

extent relevant to an evaluation of the

and 31

and 112

issuer's solvency.

A7.5

BUSINESS OVERVIEW

A7.5.1

Principal activities:

A7.5.1.1

A brief description of the issuer's

Pages 12 to 20, 40

principal activities stating the main

categories of products sold and/or

to 42

services performed; and

A7.5.1.2

The basis for any statements in the

Page 7 (16th and 17th

registration document made by the

references of the

issuer regarding its competitive

table of paragraph

position.

1.2), 12 and 18

A7.6

ORGANISATIONAL

STRUCTURE

A7.6.1

If the issuer is part of a group, a brief

description of the group and the

issuer's position within the group. This

may be in the form of, or accompanied

Pages 20 and 41

by, a diagram of the organisational

structure if this helps to clarify the

structure.

A7.6.2

If the issuer is dependent upon other

entities within the group, this must be

Not applicable

clearly stated together with an

explanation of this dependence.

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Groupe Danone SA published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 06:31:00 UTC.


© Publicnow 2021
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