Pre-Stabilisation Announcement
LONDON, October 21, 2026--
PRE-STABILISATION ANNOUNCEMENT
Date: 21st October 2026
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
Pernod Ricard
Pre-stabilisation Period Announcement
Natixis (contact: Christopher Agathangelou; telephone: 0158550814) hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse Regulation (EU/596/2014) and the UK FCA Stabilisation Binding Technical Standards.
Securities
| Issuer: | Pernod Ricard |
| Guarantor(s) (if any): | N/A |
| Aggregate nominal amount: | EUR Benchmark |
| Description: | Perpetual NC8 |
| Offer price: | IPT : 6.625% area |
| Other offer terms: | N/A |
Stabilisation:
| Stabilisation Manager(s) | Citi, ING (B&D), Natixis, Société Générale |
| Stabilisation period expected to start on | 10/21/2026 |
| Stabilisation period expected to end no later than | 30 days after the proposed issue date of the securities |
| Existence, maximum size and conditions of use of over‑allotment facility | The Stabilisation Manager(s) may over‑allot the securities to the extent permitted in accordance with applicable law |
| Stabilisation trading venue(s) | Over the counter (OTC) [insert venue name(s)] To be confirmed |
In connection with the offer of the above securities, the Stabilisation Manager(s) may over‑allot the securities or effect transactions with a view to supporting the market price of the securities during the stabilisation period at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time. Any stabilisation action or over‑allotment shall be conducted in accordance with all applicable laws and rules.
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within Article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.