danone.communities missionSupport and / or finance social Support and / or finance social

businesses that fit with Danone businesses that fit with Danone mission : bring health through food mission : bring health through food to as many people as possible.to as many people as possible.

3Bn < 3$

Key health/nutrition concerns

Micro Nutrition Issues- Iron (49% among children)- Vitamin B2- Calcium- Vitamin C- Vitamin A- Iodine and zinc likely

Source: Grameen/local NGOs

Macro Nutrition Issues

- 87% of protein source is vegetal (lentils and beans), deficiency in essential amino-acids likely

- Overall energy deficiency, particularly among young children (between 24% and 40% gap vs RDA)- Protein deficiency

Health Concerns- Stunting (41% of young children) - Diarrhoea- Polluted water (arsenic, bacteria)

Grameen Danone Food as a first pilot for Social Business

Key building blocksHealth through foodProximity / local business models Environment-friendlyFinancially sustainableDanone competenciesPartners, local entrepreneurs and NGOsInnovation (with potential for roll-out)A dedicated financial tool

Water Baby Food

FCPR investment

Focused on innovation

1001 FontainesCambodia

La Laiteriedu Berger, Sénégal

Immersion &

incubation

Pilot

Roll-out

Dairy

Africa

GDFLBangladesh

danone.communities fund

Social Business Investment

Vehicle

SocialBusinessEnterprise

Ex. Grameen-Danone

« Social » return on capital + Economic return on capital (2-3%)

10 %90 %

SocialBusinesses

(FCPR)

Monetary

The SICAV (Mutual fund)

• Low/safe return (including 50% AFD guarantee), liquid• Open to all (institutions, shareholders, employees, consumers,…)

danone.communitiesBoard of Directors

A network of communitiesDANONE employees (included retired ones!)NGOs (GRAMEEN, GAIN, GRET, CARE, 1001 Fontaines)Students, subscribers from the Genaral Public and soon consumers

… that you can meet online!

www.danonecommunities.com

Why does DANONE do this ?Part of Danone genes, economic and social project and our missionNo classical business model found to reach Bottom Of the Pyramid (BOP) in emerging countries or to address some social issues in developed countriesLearn new markets, new consumers, new ways of doing business, freedom to innovate beyond our limitsA new network, co-building solutions with stake-holders, including NGOsA huge impact on motivation of Danone people