HALF-YEAR RESULTS 2019 On track to deliver guidance July 25, 2019 Cécile Cabanis, CFO I 1I Disclaimer • This presentation contains certain forward-looking statements concerning Danone. In some cases, you can identify these forward-looking statements by forward-looking words, such as "estimate", "expect", "anticipate", "project", "plan", "intend", "objective", "believe", "forecast", "guidance", "foresee", "likely", "may", "should", "goal", "target", "might", "will", "could", "predict", "continue", "convinced ...