0001193805-18-000271 Sample Contracts

Contract
Deposit Agreement • February 21st, 2018 • JPMorgan Chase Bank, N.A. - ADR Depositary • American depositary receipts • New York

AMENDMENT NO. 1, dated as of , 2018 (the "Amendment"), to the Second Amended and Restated Deposit Agreement dated as of June 15, 2010 (the "Deposit Agreement"), among Danone, incorporated under the laws of France, and its successors (the "Company"), JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), and all holders from time to time of American depositary receipts ("ADRs") issued thereunder.

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