Document:

EX-10.4

 Exhibit 10.4 

PERRIGO COMPANY PLC 

RESTRICTED STOCK UNIT AWARD AGREEMENT 

(PERFORMANCE-BASED) 
 (Under
the Perrigo Company plc 2019 Long-Term Incentive Plan) 
 TO:             Participant Name 

RE:             Notice of Restricted Stock Unit Award (Performance-Based) 

This is to notify you that Perrigo Company plc (the “Company”) has granted you an Award under the Perrigo Company plc 2019 Long-Term
Incentive Plan (the “Plan”), effective as of Grant Date (the “Grant Date”). This Award consists of performance-based restricted stock units. The terms and conditions of this incentive are set forth in the remainder of this
agreement (including any special terms and conditions set forth in any appendix for your country (“Appendix”) (collectively, the “Agreement”). The capitalized terms that are not otherwise defined in this Agreement shall have the
meanings ascribed to such terms under the Plan. 
 SECTION 1 

Restricted Stock Units – Performance-Based Vesting 

1.1    Grant. As of the Grant Date, and subject to the terms and conditions of this Agreement and the Plan, the
Company grants to you Number of Awards Granted performance-based restricted stock units (“PSUs”). The number of PSUs awarded in this Section 1.1 is referred to as the “Target Award.” The Target Award may be increased or
decreased depending on the level of attainment of Performance Goals for designated Performance Measures as described in Section 1.2. Each PSU shall entitle you to one ordinary share of the Company, nominal value €0.001 per share
(“Ordinary Share”) on the PSU Vesting Date set forth in Section 1.2, provided the applicable Performance Goals for each Performance Measure are satisfied. 

1.2    Vesting. The number of PSUs awarded in Section 1.1 vesting, if any, shall be determined as of the PSU
Vesting Date. That number will be determined based on the average level of attainment of annual Performance Measure(s) for each fiscal year in the Performance Period, in accordance with the schedule determined by the Committee at the time the
Performance Measures and applicable Performance Goals are established by the Committee. 
 The Committee shall establish annually one or
more Performance Measures and the Performance Goals with respect to each Performance Measure that must be attained for Threshold, Target and Maximum performance for a fiscal year. The Performance Measure and Performance Goals for each fiscal year
will be provided to you. 
 Following the end of each fiscal year in the Performance Period, the Committee will determine the percentage of
Target Award PSUs that would be payable for such fiscal year, based on the attainment of the Performance Goals for each Performance Measure(s) established by the Committee for that fiscal year. The percentage of the Target Award that would be
payable under the schedule shall be adjusted, pro rata, to reflect the attained performance between Threshold and Target, and Target and Maximum. 

  

					
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 At the end of the Performance Period, the percentage payout for each fiscal year in the
Performance Period will be averaged to determine the actual percentage of Target Award PSUs that will vest and be payable on the PSU Vesting Date. In no event will the calculation of a positive payout percentage for any fiscal year be construed to
guarantee that any PSUs will vest on the PSU Vesting Date. Payout percentages for the individual fiscal years are determined solely for purposes of determining the average annual payout percentage for the three-year Performance Period. 

Except as provided in Section 1.4, the PSUs will be permanently forfeited if your Termination Date occurs prior to the PSU Vesting Date.
If the average annual performance payout for the Performance Period is less than the Threshold performance level established by the Committee, all PSUs that have not previously been forfeited shall be forfeited as of the PSU Vesting Date. If the
average annual performance payout for the Performance Period exceeds the Maximum performance level established by the Committee, in no event will the number of PSUs vesting exceed 200% of the Target Award. 

1.3    Definitions. The following terms shall have the following meanings under this Section 1. 

(a) “Performance Goal” means the level of performance that must be attained with respect to a Performance Measure for a fiscal year
for Minimum, Target and Maximum payout. 
 (b) “Performance Measure” for any fiscal year means one or more financial measures, as
determined by the Committee. The Committee shall provide how the Performance Measure will be adjusted, if at all, as a result of extraordinary events or circumstances, as determined by the Committee, or to exclude the effects of extraordinary,
unusual, or non-recurring items; changes in applicable laws, regulations, or accounting principles; currency fluctuations; discontinued operations; non-cash items, such
as amortization, depreciation, or reserves; asset impairment; or any recapitalization, restructuring, reorganization, merger, acquisition, divestiture, consolidation, spin-off,
split-up, combination, liquidation, dissolution, sale of assets, or other similar corporation transaction. 

(c) “Performance Period” means a period of three consecutive fiscal years of the Company, beginning with the first day of the fiscal
year of the Company in which the Grant Date occurs and ending on the last day of the third fiscal year in the 3-year period. 

(d) “PSU Vesting Date” means the last day of the Performance Period. 

(e) “Separation for Good Reason” means your voluntary resignation from the Company and the existence of one or more of the following
conditions that arose without your consent: (i) a material change in the geographic location at which you are required to perform services, such that your commute between home and your primary job site increases by more than 30 miles, or
(ii) a material diminution in your authority, duties or responsibilities or a material diminution in your base compensation or incentive compensation opportunities; provided, however, that a voluntary resignation from the Company shall not be
considered a Separation for Good Reason unless you provide the Company with notice, in writing, of your 

  

					
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voluntary resignation and the existence of the condition(s) giving rise to the separation within 90 days of its initial existence. The Company will then have 30 days to remedy the condition, in
which case you will not be deemed to have incurred a Separation for Good Reason. In the event the Company fails to cure the condition within the 30 day period, your Termination Date shall occur on the 31st day following the Company’s receipt of
such written notice. 
 (f) “Termination without Cause” means the involuntary termination of your employment or contractual
relationship by the Company without Cause, including, but not limited to, (i) a termination effective when you exhaust a leave of absence during, or at the end of, a notice period under the Worker Adjustment and Retraining Notification Act
(“WARN”), and (ii) a situation where you are on an approved leave of absence during which your position is protected under applicable law (e.g., a leave under the Family Medical Leave Act), you return from such leave, and you cannot
be placed in employment or other form of contractual relationship with the Company. 
 1.4    Special Vesting
Rules. Notwithstanding Section 1.2 above, if your Termination Date occurs by reason of a Termination without Cause or a Separation for Good Reason on or after a Change in Control (as defined in the Plan and as such definition may be amended
hereafter) and prior to the two (2) year anniversary of the Change in Control, all of the PSUs awarded under Section 1.1 that have not previously been forfeited shall become fully vested as if Target performance had been obtained for the
Performance Period effective as of your Termination Date. If your Termination Date occurs because of death, Disability, or Retirement, the PSUs shall vest or be forfeited as of the PSU Vesting Date set forth in Section 1.2, based on the
attainment of the performance goals. If your Termination Date occurs in the 24-month period preceding the PSU Vesting Date because of an Involuntary Termination for Economic Reasons, all of the PSUs awarded
hereunder shall vest or be forfeited as of the date set forth in Section 1.2, depending on the attainment of Performance Goals; provided, however, that if your Termination Date occurs for a reason that is both described in this sentence and in
the first sentence of this Section 1.4, the special vesting rules described in the first sentence of this Section 1.4 shall apply in lieu of the vesting rules described in this sentence. 

1.5    Settlement of PSUs. As soon as practicable following the date of the Committee’s first regularly
scheduled meeting following the last day of the Performance Period at which the Committee certifies the average payout for each of the three years in the Performance Period (or, if earlier, the date on which the PSUs become vested pursuant to the
special vesting rules described in Section 1.4), the Company shall transfer to you one Ordinary Share for each PSU, if any, that becomes vested pursuant to Section 1.2 or 1.4 of this Agreement (the date of any such transfer shall be the
“settlement date” for purposes of this Agreement); provided, however, the Company in its discretion may settle PSUs in cash, based on the fair market value of the shares on the vesting date. No fractional shares shall be transferred. Any
fractional share shall be rounded to the nearest whole share. The income attributable to the vesting of PSUs and the amount of any required tax withholding will be determined based on the value of the shares on the settlement date. PSUs are not
eligible for dividend equivalents. 

  

					
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 SECTION 2 

General Terms and Conditions 

2.1    Nontransferability. The Award under this Agreement shall not be transferable other than by will or by the
laws of descent and distribution. 
 2.2    No Rights as a Stockholder. You shall not have any rights as a
stockholder with respect to any Ordinary Shares subject to the PSU awarded under this Agreement prior to the date of issuance to you of a certificate or certificates for such shares. 

2.3    Cause Termination. If your Termination Date occurs for reasons of Cause, all of your rights under this
Agreement, whether or not vested, shall terminate immediately. 
 2.4    Award Subject to Plan. The granting of
the Award under this Agreement is being made pursuant to the Plan and the Award shall be payable only in accordance with the applicable terms of the Plan. The Plan contains certain definitions, restrictions, limitations and other terms and
conditions all of which shall be applicable to this Agreement. ALL THE PROVISIONS OF THE PLAN ARE INCORPORATED HEREIN BY REFERENCE AND ARE MADE A PART OF THIS AGREEMENT IN THE SAME MANNER AS IF EACH AND EVERY SUCH PROVISION WERE FULLY WRITTEN
INTO THIS AGREEMENT. Should the Plan become void or unenforceable by operation of law or judicial decision, this Agreement shall have no force or effect. Nothing set forth in this Agreement is intended, nor shall any of its provisions be
construed, to limit or exclude any definition, restriction, limitation or other term or condition of the Plan as is relevant to this Agreement and as may be specifically applied to it by the Committee. In the event of a conflict in the provisions of
this Agreement and the Plan, as a rule of construction the terms of the Plan shall be deemed superior and apply. 

2.5    Adjustments in Event of Change in Ordinary Shares. In the event of a stock split, stock dividend,
recapitalization, reclassification or combination of shares, merger, sale of assets or similar event, the number and kind of shares subject to Award under this Agreement will be appropriately adjusted in an equitable manner to prevent dilution or
enlargement of the rights granted to or available for you. 
 2.6    Acknowledgment. The Company and you agree
that the PSUs are granted under and governed by the Notice of Grant, this Agreement (including the Appendix, if applicable) and by the provisions of the Plan (incorporated herein by reference). You: (i) acknowledge receipt of a copy of each of
the foregoing documents, (ii) represent that you have carefully read and are familiar with their provisions, and (iii) hereby accept the PSUs subject to all of the terms and conditions set forth herein and those set forth in the Plan and
the Notice of Grant. 
 2.7    Taxes and Withholding. 

(a)    Withholding (Only Applicable to Individuals Subject to U.S. Tax Laws). This Award is subject to the
withholding of all applicable taxes. The Company may withhold, or permit you to remit to the Company, any Federal, state or local taxes applicable to the grant, vesting or other event giving rise to tax liability with respect to this Award. If you
have not remitted the full amount of applicable withholding taxes to the Company by the date the Company is required to pay such withholding to the appropriate taxing authority (or such earlier date that the Company may specify to assist it in
timely meeting its withholding obligations), the Company shall have the unilateral right to withhold Ordinary Shares relating to this Award in the 

  

					
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amount it determines is sufficient to satisfy the tax withholding required by law. State taxes will be withheld at the appropriate rate set by the state in which you are employed or were last
employed by the Company. In no event may the number of shares withheld exceed the number necessary to satisfy the maximum Federal, state and local income and employment tax withholding requirements. You may elect to surrender previously acquired
Ordinary Shares or to have the Company withhold Ordinary Shares relating to this Award in an amount sufficient to satisfy all or a portion of the tax withholding required by law. 

(b)    Responsibility for Taxes (Only Applicable to Individuals Subject to Tax Laws Outside the U.S.). Regardless
of any action the Company or, if different, the Affiliate employing or retaining you takes with respect to any or all income tax, social insurance, payroll tax, payment on account or other tax-related items
related to your participation in the Plan and legally applicable to you (“Tax-Related Items”), you acknowledge that the ultimate liability for all Tax-Related
Items is and remains your responsibility and may exceed the amount actually withheld by the Company or the Affiliate employing or retaining you. You further acknowledge that the Company and/or the Affiliate employing or retaining you (1) make
no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the PSUs, including, but not limited to, the grant, vesting or settlement of the PSUs, the
subsequent sale of Ordinary Shares acquired pursuant to such settlement and the receipt of any dividends; and (2) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the PSUs to reduce or eliminate
your liability for Tax-Related Items or achieve any particular tax result. Further, if you have become subject to tax in more than one jurisdiction between the PSU Grant Date and the date of any relevant
taxable event, as applicable, you acknowledge that the Company and/or the Affiliate employing or retaining you (or formerly employing or retaining you, as applicable) may be required to withhold or account for
Tax-Related Items in more than one jurisdiction. 
 (1)     Prior to any
relevant taxable or tax withholding event, as applicable, you will pay or make adequate arrangements satisfactory to the Company and/or the Affiliate employing or retaining you to satisfy all Tax-Related
Items. In this regard, you authorize the Company and/or the Affiliate employing or retaining you, or their respective agents, at their discretion, to satisfy the obligations with regard to all Tax-Related
Items by one or a combination of the following: 
 (A)    withholding from your wages or other cash compensation paid
to you by the Company and/or the Affiliate employing or retaining you; or 
 (B)    withholding from proceeds of the
sale of Ordinary Shares acquired upon settlement of the PSUs either through a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization); or 

(C)    withholding in Ordinary Shares to be issued upon settlement of the PSUs. 

(2)    To avoid negative accounting treatment, the Company may withhold or account for
Tax-Related Items by considering applicable statutory withholding amounts or other applicable withholding rates. If the obligation for Tax-Related Items is

  

					
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satisfied by withholding in Ordinary Shares, for tax purposes, you are deemed to have been issued the full number of Ordinary Shares subject to the vested PSUs, notwithstanding that a number of
the Ordinary Shares are held back solely for the purpose of paying the Tax-Related Items. 

(3)    Finally, you shall pay to the Company or the Affiliate employing or retaining you any amount of Tax-Related Items that the Company or the Affiliate employing or retaining you may be required to withhold or account for as a result of your participation in the Plan that cannot be satisfied by the means
previously described. The Company may refuse to issue or deliver the Ordinary Shares or the proceeds of the sale of Ordinary Shares, if you fail to comply with your obligations in connection with the
Tax-Related Items. 
 2.8    Compliance with Applicable Law. The issuance
of Ordinary Shares will be subject to and conditioned upon compliance by the Company and you, including any written representations, warranties and agreements as the Administrator may request of you for compliance with all (i) applicable U.S.
state and federal laws and regulations, (ii) applicable laws of the country where you reside pertaining to the issuance or sale of Ordinary Shares, and (iii) applicable requirements of any stock exchange or automated quotation system on
which the Company’s Ordinary Shares may be listed or quoted at the time of such issuance or transfer. Notwithstanding any other provision of this Agreement, the Company shall have no obligation to issue any Ordinary Shares under this Agreement
if such issuance would violate any applicable law or any applicable regulation or requirement of any securities exchange or similar entity. 

2.9    Short Term Deferral (Only Applicable to Individuals Subject to U.S. Federal Tax Laws). PSUs payable under
this Agreement are intended to be exempt from Code Section 409A under the exemption for short-term deferrals. Accordingly, PSUs will be settled no later than the 15th day of the third month
following the later of (i) the end of the Employee’s taxable year in which the vesting date occurs, or (ii) the end of the fiscal year of the Company in which the vesting date occurs. 

2.10    Data Privacy. 

(a)    U.S. Data Privacy Rules (Only Applicable if this Award is Subject to U.S. Data Privacy Laws). By entering
into this Agreement and accepting this Award, you (a) explicitly and unambiguously consent to the collection, use and transfer, in electronic or other form, of any of your personal data that is necessary to facilitate the implementation,
administration and management of the Award and the Plan, (b) understand that the Company may, for the purpose of implementing, administering and managing the Plan, hold certain personal information about you, including, but not limited to, your
name, home address and telephone number, date of birth, social insurance number or other identification number, salary, nationality, job title, and details of all awards or entitlements to Shares granted to you under the Plan or otherwise
(“Personal Data”), (c) understand that Personal Data may be transferred to any third parties assisting in the implementation, administration and management of the Plan, including any broker with whom the Shares issued upon vesting of the
Award may be deposited, and that these recipients may be located in your country or elsewhere, and that the recipient’s country may have different data privacy laws and protections than your country, (d) waive any data privacy rights you
may have with respect to the data, and (e) authorize the Company, its Affiliates and its agents, to store and transmit such information in electronic form. 

  

					
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 (b)    Non-U.S. Data Privacy
Rules (Only Applicable if this Award is Subject to Data Privacy Laws Outside of the U.S.) 
 (1)    By entering
into this Agreement and accepting this Award, you hereby explicitly and unambiguously consent to the collection, use and transfer, in electronic or other form, of your personal data as described in this Agreement and any other PSU grant materials by
and among, as applicable, the Affiliate employing or retaining you, the Company and its Affiliates for the exclusive purpose of implementing, administering and managing your participation in the Plan. 

(2)    You understand that the Company and the Affiliate employing or retaining you may hold certain personal information
about you, including, but not limited to, your name, home address and telephone number, date of birth, social insurance number or other identification number, salary, nationality, job title, any Ordinary Shares or directorships held in the Company,
details of all PSUs or any other entitlement to Ordinary Shares awarded, canceled, exercised, vested, unvested or outstanding in your favor, for the exclusive purpose of implementing, administering and managing the Plan (“Data”). 

(3)    You understand that Data will be transferred to legal counsel or a broker or such other stock plan service
provider as may be selected by the Company in the future, which is assisting the Company with the implementation, administration and management of the Plan. You understand that the recipients of the Data may be located in the United States or
elsewhere, and that the recipients’ country (e.g., the United States) may have different data privacy laws and protections than your country of residence. You understand that if you reside outside the United States, you may request a list with
the names and addresses of any potential recipients of the Data by contacting your local or Company human resources representative. You authorize the Company and any other possible recipients which may assist the Company (presently or in the future)
with implementing, administering and managing the Plan to receive, possess, use, retain and transfer the Data, in electronic or other form, for the sole purpose of implementing, administering and managing your participation in the Plan. You
understand that Data will be held only as long as is necessary to implement, administer and manage your participation in the Plan. You understand that if you reside outside the United States, you may, at any time, view Data, request additional
information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing your local or Company human resources representative. You
understand, however, that refusing or withdrawing your consent may affect your ability to participate in the Plan. For more information on the consequences of your refusal to consent or withdrawal of consent, you understand that you may contact your
local or Company human resources representative. 
 2.11    Successors and Assigns. This Agreement shall be
binding upon any or all successors and assigns of the Company. 

  

					
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 2.12    Applicable Law. This Agreement shall be governed by and
construed and enforced in accordance with the applicable Code provisions to the maximum extent possible and otherwise by the laws of the State of Michigan without regard to principals of conflict of laws, provided that if you are a foreign national
or employed outside the United States, this Agreement shall be governed by and construed and enforced in accordance with applicable foreign law to the extent that such law differs from the Code and Michigan law. Any proceeding related to or arising
out of this Agreement shall be commenced, prosecuted or continued in the Circuit Court in Kent County, Michigan located in Grand Rapids, Michigan or in the United Stated District Court for the Western District of Michigan, and in any appellate court
thereof. 
 2.13    Forfeiture of PSUs. If the Company, as a result of misconduct, is required to prepare an
accounting restatement due to material noncompliance with any financial reporting requirement under the securities laws, then (a) if your incentive or equity-based compensation is subject to automatic forfeiture due to such misconduct and
restatement under Section 304 of the Sarbanes-Oxley Act of 2002, or (b) the Committee determines you either knowingly engaged in or failed to prevent the misconduct, or your actions or inactions with respect to the misconduct and
restatement constituted gross negligence, you shall (i) be required to reimburse the Company the amount of any payment relating to any PSUs earned or accrued during the twelve month period following the first public issuance or filing with the
SEC (whichever first occurred) of the financial document embodying such financial reporting requirement, and (ii) all outstanding PSUs that have not yet been settled shall be immediately forfeited. In addition, Ordinary Shares acquired under
this Agreement, and any gains or profits on the sale of such Ordinary Shares, shall be subject to any “clawback” or recoupment policy later adopted by the Company. 

2.14    Special Rules for Non-U.S. Grantees (Only Applicable if You Reside
Outside of the U.S.) 
 (a)    Nature of Grant. In accepting the grant, you acknowledge, understand and agree
that: 
 (1)    the Plan is established voluntarily by the Company, it is discretionary in nature and it may be
modified, amended, suspended or terminated by the Company at any time, except as otherwise provided in the Plan. 

(2)    the grant of the PSUs is voluntary and occasional and does not create any contractual or other right to receive
future grants of PSUs, or benefits in lieu of the PSUs, even if PSUs have been granted repeatedly in the past; 

(3)    all decisions with respect to future PSU grants, if any, will be at the sole discretion of the Company; 

(4)    you are voluntarily participating in the Plan; 

(5)    the PSUs and the Ordinary Shares subject to the PSUs are an extraordinary item and which is outside the scope of
your employment or service contract, if any; 
 (6)    the PSUs and the Ordinary Shares subject to the PSUs are not
intended to replace any pension rights or compensation; 

  

					
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 (7)    the PSUs and the Ordinary Shares subject to the PSUs are not
part of normal or expected compensation for purposes of calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar payments
and in no event should be considered as compensation for, or relating in any way to, past services for the Company, the Affiliate employing or retaining you or any other Affiliate; 

(8)    the grant and your participation in the Plan will not be interpreted to form an employment or service contract
with the Company or any Affiliate; 
 (9)    the future value of the underlying Ordinary Shares is unknown,
indeterminable and cannot be predicted with certainty; 
 (10)    no claim or entitlement to compensation or damages
shall arise from forfeiture of the PSUs resulting from your Termination Date (for any reason whatsoever, whether or not later found to be invalid and whether or not in breach of employment laws in the jurisdiction where you are employed or rendering
services, or the terms of your employment agreement, if any), and in consideration of the grant of the PSUs to which you are otherwise not entitled, you irrevocably agree never to institute any claim against the Company or the Affiliate employing or
retaining you, waive your ability, if any, to bring any such claim, and release the Company and the Affiliate employing or retaining you from any such claim; if, notwithstanding the foregoing, any such claim is allowed by a court of competent
jurisdiction, then, by participating in the Plan, you shall be deemed irrevocably to have agreed not to pursue such claim and agree to execute any and all documents necessary to request dismissal or withdrawal of such claim; and 

(11)    you acknowledge and agree that neither the Company, the Affiliate employing or retaining you nor any other
Affiliate shall be liable for any foreign exchange rate fluctuation between the currency of the country in which you reside and the United States Dollar that may affect the value of the PSUs or of any amounts due to you pursuant to the settlement of
the PSUs or the subsequent sale of any Ordinary Shares acquired upon settlement. 
 (b)    Appendix.
Notwithstanding any provisions in this Agreement, the PSU grant shall be subject to any special terms and conditions set forth in any Appendix to this Agreement. Moreover, if you relocate to one of the countries included in the Appendix, the special
terms and conditions for such country will apply to you, to the extent the Company determines that the application of such provisions is necessary or advisable in order to comply with laws of the country where you reside or to facilitate the
administration of the Plan. If you relocate to the United States, the special terms and conditions in the Appendix will apply, or cease to apply, to you, to the extent the Company determines that the application or otherwise of such provisions is
necessary or advisable in order to facilitate the administration of the Plan. The Appendix constitutes part of this Agreement. 

(c)    Imposition of Other Requirements. The Company reserves the right to impose other requirements on your
participation in the Plan, on the PSUs and on any Ordinary Shares acquired under the Plan, to the extent the Company determines it is necessary or advisable in order to comply with laws of the country where you reside or to facilitate the
administration of the Plan, and to require you to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 

  

					
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 **** 

We look forward to your continuing contribution to the growth of the Company. Please acknowledge your receipt of the Plan and this Award. 

 

			
	Very truly yours,	 	

 
			
		
	Print Name:	 	  

 
			
		
	Title:	 	  

  

					
	(Employee Univ PSU)	 	Page 10 of 26	  	    

 APPENDIX 

PERRIGO COMPANY PLC 

Additional Terms and Provisions to 

Restricted Stock Unit Award Agreement (Performance-Based) 

Terms and Conditions 
 This Appendix (the
“Appendix”) includes additional terms and conditions that govern the restricted stock units (Performance-Based) (“PSUs” or “Award”) granted to you under the Plan if you reside in one of the countries listed below.
Certain capitalized terms used but not defined in this Appendix have the meanings set forth in the Plan and/or the Agreement. The Award will not create any entitlement to receive any similar benefit in the future. 

Notifications 
 This Appendix also includes
country-specific information of which you should be aware with respect to your participation in the Plan. The information is based on the securities, exchange control and other laws in effect in the respective countries as of January 2019. Such laws
are often complex and change frequently. As a result, the Company strongly recommends that you do not rely on the information noted herein as the only source of information relating to the consequences of your participation in the Plan because the
information may be out of date at the time that you vest in the PSUs and Ordinary Shares are issued to you or the shares issued upon vesting of the PSUs are sold. 

In addition, the information is general in nature and may not apply to your particular situation, and the Company is not in a position to assure you of any
particular result. Accordingly, you are advised to seek appropriate professional advice as to how the relevant laws in your country may apply to your particular situation. Finally, please note that if you are a citizen or resident of a country other
than the country in which you are currently working, or transfers employment after grant, the information contained in the Appendix may not be applicable. 

Australia 

 

Important Notice 

Any advice given by or on behalf of the Company, or any member of the Company’s group, in relation to securities or
financial products offered under the Plan does not take into account your objectives, financial situation and needs. You should consider obtaining their own financial product advice from a person who is licensed by the Australian Securities and
Investments Commission to give such advice. 

 Information to be provided under ASIC Class Order 14/1000 

A copy of the terms of the Plan will be provided to you with this Agreement. 

  

					
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 Notwithstanding the terms of the Plan, no offers of PSUs may be made under the Plan, to Australian
participants, who do not fall within the definition of ‘eligible participant’ within ASIC Class Order 14/1000. 
 As set out in this
Agreement, each PSU represents the right to receive one Ordinary Share subject to the relevant performance goals and performance measures being met, or otherwise waived, in accordance with the Plan and this Agreement. 

The PSUs will be issued for nil consideration. You are not required to pay for a PSU or for the subsequent transfer of an Ordinary Share on vesting of that
PSU, however your responsibility for any taxes is as set out in the terms of the Plan and this Agreement. 
 Notwithstanding any discretion contained in the
Plan, or any provision in this Agreement to the contrary, the number of PSUs granted to you will only be decreased depending on your level of attainment of performance goals against your designated performance measures. If you fully meet your
performance goals against the designated performance measures, all of your PSUs will vest. However, if you only partially meet your performance goals against the designated performance measures, only a partial number of your PSUs will vest. You will
be entitled to one Share for each vested PSU. 
 For the avoidance of doubt, there will be no increase to the number of PSUs granted to you on the Grant
Date. 
 The Company will not provide you with any loans or financial assistance under the Plan in connection with the offer of the PSUs. 

No PSUs or Ordinary Shares transferred to you under the Plan will be held, on your behalf, by a trustee/nominee. 

The indicative daily price of the Ordinary Shares on the New York Stock Exchange (NYSE), quoted in US dollars, is available on the Company’s
website at http://perrigo.investorroom.com/stock-information. The Ordinary Shares are also quoted on the NASDAQ Stock Market (NASDAQ) (refer to NASDAQ’s website at http://www.nasdaq.com/symbol/prgo). 

The Australian dollar equivalent of the Ordinary Shares can be determined using prevailing exchange rate published by the Commonwealth Bank of Australia
(Prevailing Exchange Rate). Alternatively, the Company will advise you of the price of its Ordinary shares (in equivalent Australian dollars) as soon as possible following receipt of any request for such information. This information may be
obtained by you contacting your local Human Resources representative. 
 Before accepting an offer to be granted PSUs, you should satisfy yourself that you
have a sufficient understanding of the risks set out below and should consider if the PSUs are a suitable investment for you, having regard to your own investment objectives, financial circumstances and taxation position: 

 

	(a)	 the vesting conditions for your PSUs may not be satisfied for reasons beyond the Company’s or your
control; 

  

					
	(Employee Univ PSU)	 	Page 12 of 26	  	    

	(b)	 you are not permitted to transfer your PSUs unless permitted under this Agreement or the Plan;

  

	(c)	 if your PSUs vest and you subsequently receive Ordinary Shares: 

 

	 	(i)	 the value of those shares may rise and fall according to investor sentiment, general economic conditions and
outlook, international and local stock markets, employment, inflation, interest rates, government policy, taxation and regulation; and 

  

	 	(ii)	 there is no guarantee that an active trading market for the shares will exist or that the price of the shares
will increase. There may be relatively few potential buyers or sellers of the shares on the NYSE, NASDAQ, TASE or any other applicable market at any time and this may increase the volatility of the market price of the shares. It may also affect the
prevailing market price at which you may be able to sell your shares. 

 Please note that the above risks are only general risks of
acquiring and holding PSUs under the Plan. It does not purport to list every risk that may be associated with the Plan now or in the future. 
 Finally, if
at the time of vesting, the Company determines that it is not legal under Australian securities laws to issue shares, the outstanding PSUs will be cancelled and no shares will be issued to you nor will any benefits in lieu of shares be paid to you.

 Exchange Control Information 
 Exchange
control reporting is payments equal to or exceeding AUD10,000 made to a foreign individual or entity. This reporting is generally done automatically by the financial institution making the transfer. 

Austria 
 Notifications 

Exchange Control Information. If you hold Ordinary Shares outside of Austria, you must submit a report to the Austrian National Bank. An exemption
applies if the value of the shares as of any given quarter does not exceed €30,000,000 or as of December 31 does not exceed €5,000,000. If the former threshold is exceeded, quarterly obligations are imposed, whereas if the latter
threshold is exceeded, annual reports must be given. The annual reporting date is as of December 31 and the deadline for filing the annual report is March 31 of the following year. If quarterly obligations are imposed, the reporting date
is the end of each quarter and the deadline for filing the report is the 15th of the month following. 
 When shares are sold, there may be exchange control
obligations if the cash received is held outside Austria. If the transaction volume of all your accounts abroad exceeds €10,000,000, the movements and balances of all accounts must be reported monthly, as of the last day of the month, on or
before the fifteenth day of the following month with the form “Meldungen SI-Forderungen und/oder SI-Verpflichtungen.” 

  

					
	(Employee Univ PSU)	 	Page 13 of 26	  	    

 Belgium 

Notifications 
 Foreign Asset/Account Reporting
Information. You are required to report any security or bank accounts (including brokerage accounts) you maintain outside of Belgium on your annual tax return. In a separate report, you are required to provide the National Bank of Belgium with
certain details regarding such foreign accounts (including the account number, bank name and country in which any such account was opened). This report, as well as additional information on how to complete it, can be found on the website of the
National Bank of Belgium, www.nbb.be, under Kredietcentrales / Centrales des crédits caption. 
 Bermuda 

Terms and Conditions 
 The Award Agreement is not
subject to and has not received approval from the Bermuda Monetary Authority and the Registrar of Companies in Bermuda, and no statement to the contrary, explicit or implicit, is authorized to be made in this regard. The securities may be offered or
sold in Bermuda only in compliance with the provisions of the Investment Business Act 2003 of Bermuda. 
 Brazil 

Terms and Conditions 
 Labor Law
Acknowledgment. You agree that, for all legal purposes, (i) the benefits provided under the Plan are the result of commercial transactions unrelated to your employment; (ii) the Plan is not a part of the terms and conditions of your
employment; and (iii) the income from the PSUs, if any, is not part of your remuneration from employment. 
 Notifications 

Compliance with Law. By accepting the PSUs, you agree to comply with Brazilian law when the PSUs vest and the shares are sold. You also agree to report
and pay any and all taxes associated with the vesting of the PSUs, the sale of the PSUs acquired pursuant to the Plan, and the receipt of any dividends. 

Exchange Control Information. If you are a resident or domiciled in Brazil and hold assets and rights outside Brazil with an aggregate value exceeding
US$100,000, you will be required to prepare and submit to the Central Bank of Brazil an annual declaration of such assets and rights. Assets and rights that must be reported include PSUs. 

Czech Republic 
 Notifications

 Exchange Control Information. The Czech National Bank may require you to report the PSUs and or Ordinary Shares received and the opening
and maintenance of a foreign account. However, 

  

					
	(Employee Univ PSU)	 	Page 14 of 26	  	    

 
because exchange control regulations change frequently and without notice, you should consult your personal legal advisor prior to the vesting of the PSUs to ensure your compliance with current
regulations. It is your responsibility to comply with applicable Czech exchange control laws. 
 Estonia 

No country specific provisions. 
 Finland

 No country specific provisions. 

France 
 Terms and Conditions

 Consent to Receive Information in English. By accepting the Award, you confirm having read and understood the Plan and the Agreement, which
were provided in the English language. You accept the terms of those documents accordingly. 
 En acceptant cette attribution gratuite d’actions, vous
confirmez avoir lu et comprenez le Plan et ce Contrat, incluant tous leurs termes et conditions, qui ont été transmis en langue anglaise. Vous acceptez les dispositions de ces documents en connaissance de cause. 

Notifications 
 Tax Reporting
Information. If you hold Ordinary Shares outside of France or maintain a foreign bank account, you are required to report such to the French tax authorities when you file your annual tax return. 

Tax Information. The PSUs are not intended to qualify as a French tax qualified performance restricted stock units under French tax law. 

Foreign Asset/Account Reporting Information. If you are a French resident and hold cash or Ordinary Shares outside of France, you must
declare all foreign bank and brokerage accounts (including any accounts that were opened or closed during the tax year) on an annual basis on a special form, No. 3916, together with your income tax return. Further, if you are a French resident
with foreign account balances exceeding €1,000,000, you may have additional monthly reporting obligations. 
 Germany 

Notifications 
 Exchange Control Information.
Cross-border payments in excess of €12,500 must be reported monthly to the German Federal Bank. If you use a German bank to transfer a cross-border payment in excess of €12,500 in connection with the sale of shares acquired under the Plan,
the bank will make the report for you. In addition, you must report any receivables, payables, or debts in foreign currency exceeding an amount of €5,000,000 on a monthly basis. 

  

					
	(Employee Univ PSU)	 	Page 15 of 26	  	    

 Greece 

Notifications 
 Exchange Control
Information. Pursuant to your Award, if you withdraw funds in excess of €15,000 from a bank in Greece and remit those funds out of Greece, you may be required to submit certain documentation/ information to the Greek bank to
ensure that the transfer is not in violation of Greek anti-money laundering rules. 
 Hungary 

No country specific provisions. 
 India 

Notifications 
 Exchange Control
Notification. You must repatriate all proceeds received from the sale of the shares to India within 90 days after sale. You will receive a foreign inward remittance certificate (“FIRC”) from the bank where you deposit the foreign
currency. You should maintain the FIRC as evidence of the repatriation of funds in the event that the Reserve Bank of India or the employer requests proof of repatriation. 

Tax Information. The amount subject to tax at vesting will partially be dependent upon a valuation that the Company or your employer will obtain from a
Merchant Banker in India. Neither the Company nor your employer has any responsibility or obligation to obtain the most favorable valuation possible, nor obtain valuations more frequently than required under Indian tax law. 

Foreign Asset/Account Reporting Information. You are required to declare in your annual tax return (a) any foreign assets held by you (e.g.,
Ordinary Shares acquired under the Plan and, possibly, the Award), and (b) any foreign bank accounts for which you have signing authority. 

Ireland 
 Notifications 

Director Notification Obligation. If you are a director, shadow director or secretary of the Company’s Irish Subsidiary or Affiliate, you must
notify the Irish Subsidiary or Affiliate in writing within five business days of receiving or disposing of an interest exceeding 1% of the Company (e.g., PSUs, shares, etc.), or within five business days of becoming aware of the event giving
rise to the notification requirement or within five days of becoming a director or secretary if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or children under the age of 18
(whose interests will be attributed to the director, shadow director or secretary). 

  

					
	(Employee Univ PSU)	 	Page 16 of 26	  	    

 Terms and Conditions 

Data Privacy. All references in Section 2.10 of the Agreement to data privacy shall be deleted in their entirety. 

Israel 
  

					
	Type of Grant	  	☐ Capital Gain Award (“CGA”)	  	
		  	☐ Ordinary Income Award (“OIA”)	  	
		  	☐ 3(i) Award	  	
		  	☐ Unapproved 102 Award	  	

 Terms and Conditions 

Settlement of PSUs. Notwithstanding anything to the contrary in this Agreement, if the PSUs granted hereunder are 102 Awards, the PSUs shall be settled
in Ordinary Shares only. 
 Trust. All Approved 102 Awards shall be held in trust by a trustee designated by the Company (“Trustee”)
or shall be supervised by the Trustee in accordance with the instructions set forth by the Israeli Tax Authority (“ITA”), for the requisite lockup period prescribed by the Ordinance and the regulations promulgated thereunder, or
such other period as may be required by the ITA, during which period Awards or Ordinary Shares issued thereunder, and all rights resulting from them, including bonus shares, must be held or supervised by the Trustee in accordance with the
instructions set forth by the ITA. The Trustee shall not release any Approved 102 Awards, Ordinary Shares issued upon the exercise of any Approved 102 Awards, or any rights, including bonus shares, resulting from such Approved 102 Awards or Ordinary
Shares, prior to the full payment of the your tax liability. The Trustee or the Israeli Affiliate shall withhold any applicable taxes in accordance with Section 102 or any applicable tax ruling obtained by the Company. 

Without derogating from the foregoing, if your PSUs do not qualify as Approved 102 Awards the Company may still at it sole discretion deposit your
PSUs in trust to ensure that taxes are properly withheld. 
 You hereby release the Trustee from any liability in respect of any action or decision duly
taken and executed in good faith in relation to any PSUs or Ordinary Shares issued to you thereunder. 
 Tax. Without derogating from
Section 2.7(b) above, you hereby agree to indemnify the Company and/or its Affiliates and/or the Trustee and hold them harmless against and from any and all liability for all such tax or interest or penalty thereon, including without
limitation, liabilities relating to the necessity to withhold, or to have withheld, any such tax from any payment made to you. 
 Compliance with
Law. By accepting the PSUs, you agree to comply with the provisions of Section 102 and the regulations and rules promulgated thereunder or any tax ruling to be obtained by the Company in connection with your PSUs. 

  

					
	(Employee Univ PSU)	 	Page 17 of 26	  	    

 Italy 

Terms and Conditions 
 Data Privacy Notice.
The following provision supplements the terms in the Agreement: 
 You understand that your employer and/or the Company may hold certain personal
information about you, including, but not limited to, your name, home address and telephone number, date of birth, social security number (or any other social or national identification number), salary, nationality, job title, number of Ordinary
Shares held and the details of all PSUs or any other entitlement to Ordinary Shares awarded, cancelled, exercised, vested, unvested or outstanding (the “Data”) for the purpose of implementing, administering and managing your participation
in the Plan. You are aware that providing the Company with the Data is necessary for the performance of this Agreement and that your refusal to provide such Data would make it impossible for the Company to perform its contractual obligations and may
affect your ability to participate in the Plan. 
 The “Controller” of personal data processing is Perrigo Company, plc, with registered offices
at Allegan, Michigan, USA, and, pursuant to D.lgs 196/2003, its representative in Italy is Perrigo Italia Srl with its registered address at Viale Castello della Magliana 18, 00148 Rome, Italy. You understand that the Data may be transferred to the
Company or any of its subsidiaries or affiliates, or to any third parties assisting in the implementation, administration and management of the Plan, including any transfer required to a broker or other third party with whom Ordinary Shares acquired
pursuant to the vesting of the PSUs or cash from the sale of Ordinary Shares acquired pursuant to the Plan may be deposited. Furthermore, the recipients that may receive, possess, use, retain and transfer such Data for the above mentioned purposes
may be located in Italy or elsewhere, including outside of the European Union and that the recipients’ country (e.g., the United States) may have different data privacy laws and protections than Italy. The processing activity, including the
transfer of your personal data abroad, outside of the European Union, as herein specified and pursuant to applicable laws and regulations, does not require your consent thereto as the processing is necessary for the performance of contractual
obligations related to the implementation, administration and management of the Plan. You understand that Data processing relating to the purposes above specified shall take place under automated or
non-automated conditions, anonymously when possible, that comply with the purposes for which Data are collected and with confidentiality and security provisions as set forth by applicable laws and regulations,
with specific reference to D.lgs. 196/2003. 
 You understand that Data will be held only as long as is required by law or as necessary to implement,
administer and manage your participation in the Plan. You understand that pursuant to art.7 of D.lgs 196/2003, you have the right, including but not limited to, access, delete, update, request the rectification of your personal Data and cease, for
legitimate reasons, the Data processing. Furthermore, you are aware that your Data will not be used for direct marketing purposes. 
 Plan Document
Acknowledgment. In accepting the PSUs, you acknowledge that you have received a copy of the Plan and the Agreement and have reviewed the Plan and the Agreement, including this Appendix, in their entirety and fully understand and accept all
provisions of the Plan and the Agreement, including this Appendix. 

  

					
	(Employee Univ PSU)	 	Page 18 of 26	  	    

 Notifications 

Tax/Exchange Control Information. You are required to report on your annual tax return: (a) any transfers of cash or Ordinary Shares to or from
Italy; (b) any foreign investments or investments (including the Ordinary Shares issued at vesting of the PSUs, cash or proceeds from the sale of Ordinary Shares acquired under the Plan) held outside of Italy, if the investment may give rise to
income in Italy (this will include reporting the Ordinary Shares issued at vesting of the PSUs if the fair market value of such Ordinary Shares combined with other foreign assets); and (c) the amount of the transfers to and from abroad which
have had an impact during the calendar year on your foreign investments or investments held outside of Italy. You are exempt from the formalities in (a) if the investments are made through an authorized broker resident in Italy, as the broker
will comply with the reporting obligation on your behalf. 
 Kazakhstan 

Notifications 
 Exchange Control Information.
Exchange control rules change frequently and you should consult your personal advisor to determine whether you are required to report the acquisition of shares of a foreign company to the National Bank of Kazakhstan. 

Latvia 
 No country specific provisions.

 Lithuania 
 No country specific
provisions. 
 Luxembourg 

Notifications 
 Exchange Control Information.
You are required to report any inward remittances of funds to the Banque Central de Luxembourg and/or the Service Central de La Statistique et des Etudes Economiques. If a Luxembourg financial institution is involved in the
transaction, it generally will fulfill the reporting obligation on your behalf. 
 Mexico 

Modification. By accepting the PSUs, you understand and agree that any modification of the Plan or the Agreement or its termination shall not constitute
a change or impairment of the terms and conditions of employment. 
 Plan Document Acknowledgment. By accepting the award of the PSUs, you
acknowledge that you have received copies of the Plan, have reviewed the Plan and the Agreement in their entirety and fully understand and accept all provisions of the Plan and the Agreement. 

In addition, by signing the Agreement, you further acknowledge that you have read and specifically and expressly approve the terms and conditions in the
Agreement, in which the following is clearly described and established: 
  

	 	(i)	 Participation in the Plan does not constitute an acquired right; 

  

					
	(Employee Univ PSU)	 	Page 19 of 26	  	    

	 	(ii)	 The Plan and participation in the Plan is offered by the Company on a wholly discretionary basis;

  

	 	(iii)	 Participation in the Plan is voluntary; and 

 

	 	(iv)	 The Company and any Parent, Subsidiary or Affiliates are not responsible for any decrease in the value of the
shares. 

 Labor Law Acknowlegement and Policy Statement. In accepting the RSUs, you expressly recognize the Company is solely
responsible for the administration of the Plan and that your participation in the Plan and acquisition of Ordinary Shares does not constitute an employment relationship between you and the Company since you are participating in the Plan on a wholly
commercial basis and on a wholly commercial basis and your sole employer is Perrigo de Mexico S.A. De C.V. (“Perrigo Mexico”). Based on the foregoing, you expressly recognize that the Plan and the benefits that you may derive from
participation in the Plan do not establish any rights between you and your employer, Perrigo Mexico, and do not form part of the employment conditions and/or benefits provided by Perrigo Mexico and any modification of the Plan or its termination
shall not constitute a change or impairment of the terms and conditions of your employment. 
 You further understand that your participation in the Plan is
as a result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue your participation at any time without any liability to you. 

Finally, you hereby declare that you do not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of
your participation in the Plan and therefore grant a full and broad release to the Employer, the Company and any Parent, Subsidiary or Affiliates with respect to any claim that may arise under the Plan. 

Spanish Translation 
 Modificación. Al
aceptar las Unidades de Acción Restringida de Rendimiento (PSUs, por sus siglas en inglés) usted entiende y esta de acuerdo que cualquier modificación del plan o del acuerdo o su terminación no constituirá un
cambio o detrimento de los términos y condiciones de su empleo. 
 Confirmación del Documento del Plan. Al aceptar el otorgamiento de
las PSUs, usted reconoce que ha recibido copias y ha revisado dicho acuerdo en su totalidad y que ha entendido y aceptado completamente todas las disposiciones contenidas en el Plan y en el Acuerdo. 

Adicionalmente, al firmar el acuerdo, usted reconoce que ha leído, y aprobado de manera específica y expresa los términos y condiciones
en el acuerdo en el que se describe y establece claramente los siguiente: 
  

	 	(i)	 La participación en el Plan no constituye un derecho adquirido; 

 

	 	(ii)	 El plan y la participación en el mismo, son ofrecidos por la Compañía de manera totalmente
discrecional; 

  

	 	(iii)	 La participación en el Plan es voluntaria; y 

  

					
	(Employee Univ PSU)	 	Page 20 of 26	  	    

	 	(iv)	 La Compañía, y cualquier Sociedad controladora, Subsidiaria o Filiales no son responsables por
ningún decremento en el valor de las Acciones. 

 Constancia de aceptación de la ley laboral y declaración de la
política. Al aceptar las PSUs, usted reconoce expresamente que la Compañía, es la única responsable de la administración del Plan, y que su participación en el Plan y la adquisición de las
acciones comunes no constituyen una relación de trabajo entre usted y la Compañía dado que usted participa en el Plan de manera completamente comercial y el único empleador que tiene es Perrigo de México, S.A. de
C.V. (« Perrigo de Mexico »). Con base en lo anterior, usted reconoce expresamente que el Plan y los beneficios que usted pueda obtener de la participación en el Plan, no establecen ningún derecho entre usted y su empleador
Perrigo de México y no forman parte de las condiciones de trabajo ni de las prestaciones ofrecidas por Perrigo de México y cualquier modificación del Plan o la terminación de éste, no constituyen un cambio o
deterioro de los términos y condiciones de su trabajo. 
 Además, usted comprende que su participación en el Plan es el resultado de
una decisión unilateral y discrecional de la Compañía; por lo tanto, la Compañía se reserva el derecho absoluto de modificar y/o interrumpir la participación de usted en cualquier momento sin ninguna
responsabilidad para usted. 
 Finalmente, usted declara que no se reserva ninguna acción o derecho de presentar algún reclamo o demanda en
contra de la Compañía por compensación, daño o perjuicio alguno como resultado de su participación en el Plan, en consecuencia, otorga el más amplio finiquito al Empleador, así como a la
Compañía, a su Sociedad controladora, Subsidiaria o Filiales con respecto a cualquier demanda que pudiera originarse en virtud del Plan. 

Netherlands 
 Notifications

 Insider-Trading Notification. Dutch insider-trading rules prohibit you from effectuating certain transactions involving shares if you have
inside information about the Company. If you are uncertain whether the insider-trading rules apply to you, you should consult your personal legal advisor. 

Norway 
 No country specific provisions.

 Poland 
 Terms and Conditions

 Consent to Receive Information in English. By accepting the Award, you confirm having read and understood the Plan and the Agreement, which
were provided in the English language. You accept the terms of those documents accordingly. 

  

					
	(Employee Univ PSU)	 	Page 21 of 26	  	    

 Notifications 

Exchange Control Information. If you hold foreign securities (including shares pursuant to the Award) and maintain accounts abroad, you may be required
to file certain reports with the National Bank of Poland. Specifically, if the value of securities and cash held in such foreign accounts exceeds PLN 7,000,000 at the end of the year, you must file reports on the transactions and balances of the
accounts on a quarterly basis by the 26th day of the month following the end of each quarter and an annual report by no later than January 30 of the following calendar year. Such reports are filed on special forms available on the website of
the National Bank of Poland. 
 If at the end of the year you did not reach the given threshold but in the next year, at the end of a calendar quarter, you
reach the threshold, you are obliged to submit the appropriate form to NBP for this quarter and each of the following quarters of this calendar year (within 26 days from the end of each calendar quarter). Such reports are filed on special forms
available on the website of the National Bank of Poland. 
 Additionally, if you are a Polish citizen and you transfer funds abroad in excess of the PLN
equivalent of €15,000, the transfer must be made through an authorized bank, a payment institution or an electronic money institution authorized to render payment services. 

Furthermore, at the banks’ request, Polish residents are required to inform eligible banks, within the meaning of the Foreign Exchange Act, about all
foreign exchange transactions performed through them. 
 Polish residents are also required to store the documents connected with foreign exchange
transactions for a period of five years, counting from the end of the year when the foreign exchange transactions were made. 
 Portugal

 Terms and Conditions 
 Language
Consent. You hereby expressly declare that you have full knowledge of the English language and have read, understood and fully accepted and agreed with the terms and conditions established in the Plan and Award Agreement. 

Conhecimento da Lingua. O Contratado, pelo presente instrumento, declara expressamente que tem pleno conhecimento da língua inglesa e que leu,
compreendeu e livremente aceitou e concordou com os termos e condições estabelecidas no Plano e no Acordo de Atribuição (Award Agreement em inglês). 

Notifications 
 Exchange Control Information.
If you receive shares pursuant to the Award, the acquisition of the shares should be reported to the Banco de Portugal, for statistical purposes, if you perform economic, financial, or foreign exchange operations, and the volume of activity is
greater than EUR 100,000. If the shares are deposited with a commercial bank or financial intermediary in Portugal, such bank or financial intermediary will submit the report on your behalf. If the shares are not deposited with a commercial bank or
financial intermediary in Portugal, you are responsible for submitting the report to the Banco de Portugal. 

  

					
	(Employee Univ PSU)	 	Page 22 of 26	  	    

 Romania 

Notifications 
 Exchange Control Information.
If you acquire more than 10% of the share capital in a foreign entity, the acquisition is required to be reported to the National Bank of Romania (“NBR”) for statistical purposes. You should consult your personal advisor to
determine whether you will be required to submit such documentation to the NBR. 
 Insider-Trading Notification. Romanian insider-trading rules
prohibit you from effectuating certain transactions involving shares if you have inside information about the Company. If you are uncertain whether the insider-trading rules apply to you, you should consult your personal legal advisor. 

Serbia 
 No country specific provisions.

 Slovakia 
 No country specific
provisions. 
 Slovenia 
 No country
specific provisions. 
 South Africa 

Terms and Conditions 
 Tax Information. By
accepting the PSUs, you agree that, immediately upon vesting of the PSUs, you may need to notify your employer of the amount of any gain realized. If you fail to advise your employer of the gain realized upon vesting, you may be liable for a fine.
You will be solely responsible for paying any difference between the actual tax liability and the amount withheld by your employer. It is recommended that you consult with your personal tax advisor with respect to your requirements. 

Notifications 
 Exchange Control
Information. Because no transfer of funds from South Africa is required under the PSUs, no filing or reporting requirements should apply when the award is granted nor when Ordinary Shares are issued upon vesting of the PSUs. However, because the
exchange control regulations are subject to change, you should consult your personal advisor prior to vesting and settlement of the award to ensure compliance with current regulations. 

Spain 
 Terms and Conditions

 No Entitlement for Claims or Compensation. By accepting the award of PSUs, you consent to

  

					
	(Employee Univ PSU)	 	Page 23 of 26	  	    

 
participation in the Plan, and acknowledge that you have received a copy of the Plan document. You understand that the Company has unilaterally, gratuitously and in its sole discretion decided to
make awards of PSUs under the Plan to individuals who may be employees, consultants and directors throughout the world. The decision is limited and entered into based upon the express assumption and condition that any PSUs will not economically or
otherwise bind the Company or any Parent, Subsidiary or Affiliate, including your employer, on an ongoing basis, other than as expressly set forth in the Agreement. Consequently, you understand that the Award is given on the assumption and condition
that the PSUs shall not become part of any employment contract (whether with the Company or any Parent, Subsidiary or Affiliate, including your employer) and shall not be considered a mandatory benefit, salary for any purpose (including severance
compensation) or any other right whatsoever. Furthermore, you understand and freely accept that there is no guarantee that any benefit whatsoever shall arise from the award, which is gratuitous and discretionary, since the future value of the PSUs
and the underlying shares is unknown and unpredictable. You also understand that this Award would not be made but for the assumptions and conditions set forth hereinabove; thus, you understand, acknowledge and freely accept that, should any or all
of the assumptions be mistaken or any of the conditions not be met for any reason, the Award, the PSUs and any right to the underlying shares shall be null and void. 

Notifications 
 Exchange Control Information.
You must declare the acquisition, ownership and disposition of stock in a foreign company (including Ordinary Shares acquired under the Plan) to the Spanish Dirección General de Comercio e Inversiones (the “DGCI”), the Bureau
for Commerce and Investments, which is a department of the Ministry of Economy and Competitiveness, for statistical purposes. Generally, the declaration must be made in January for Ordinary Shares acquired or sold during (or owned as of
December 31 of) the prior year; however, if the value of shares acquired or sold exceeds €1,502,530 (or you hold 10% or more of the shares capital of the Company or such other amount that would entitle you to join the Company’s board
of directors), the declaration must be filed within one month of the acquisition or sale, as applicable. Additionally, you may be required to declare electronically to the Bank of Spain any securities accounts (including brokerage accounts held
abroad), any foreign instruments (e.g., Ordinary Shares) and any transactions with non-Spanish residents (including any payments of cash or shares made to you by the Company) if the balances in such accounts
together with the value of such instruments as of December 31, or the volume of transactions with non-Spanish residents during the prior or current year, exceeds €1,000,000. Generally, you will only
be required to report on an annual basis (by January 20 of each year). Note that if the value is less than €1,000,000, there is only an obligation to declare this information to the Bank of Spain upon request from the Bank of Spain, in
which case the deadline is two months since the request is received. 
 When receiving foreign currency payments derived from the ownership of Ordinary
Shares (i.e., dividends or sale proceeds), you must inform the financial institution receiving the payment of the basis upon which such payment is made. Should amounts exceed €12,500, you will need to provide the following information to
the Spanish Registered Entity: (i) your name, address, and fiscal identification number; (ii) the name and corporate domicile of the Company; (iii) the amount of the payment and the currency used; (iv) the country of origin;
(v) the reasons for the payment; and (vi) further information that may be required. Exceptions to this rule are when you move funds through a Spanish resident bank account opened abroad, or when collections and payments are carried out in
cash. These exceptions, however, are subject to their own reporting requirements. 

  

					
	(Employee Univ PSU)	 	Page 24 of 26	  	    

 Tax Information. If you hold assets or rights outside of Spain (including shares acquired under the
Plan), you may have to file an informational tax report, Form 720, with the tax authorities declaring such ownership by March 31st of the following year. Generally, this reporting obligation is
based on the value of those rights and assets as of December 31 and has a threshold of €50,000 per type group of asset (one type of group being Securities, rights, insurance policies and income located abroad). Please note that reporting
requirements are based on what you have previously disclosed and the increase in value of such and the total value of certain groups of foreign assets. Also, the thresholds for annual filing requirements may change each year. Therefore, you should
consult your personal advisor regarding whether you will be required to file an informational tax report for asset and rights that you hold abroad. 

Sweden 
 Terms and Conditions

 The following shall apply in addition to what is set out under section 2.14 of the Award Agreement: 

Forfeiture of entitlements under the Plan in case of termination shall apply in case of termination of employment regardless of whether such termination of
employment may be justified under Swedish employment protection legislation, and regardless of whether such termination may be challenged by you, and regardless of whether such termination is invalidated by verdict or a court order. 

Switzerland 
 Notifications

 The PSUs and the issuance of any Ordinary Shares thereunder is not intended to be publicly offered in or from Switzerland. Neither this Agreement
nor any other materials relating to the Award (1) constitute a prospectus as such term is understood pursuant to article 652a of the Swiss Code of Obligations, (2) may be publicly distributed nor otherwise made publicly available in
Switzerland, or (3) have been or will be filed with, approved or supervised by any Swiss regulatory authority (in particular, the Swiss Financial Market Supervisory Authority (FINMA)). 

Turkey 
 Notifications 

Securities Law Information. Under Turkish law, you are not permitted to sell Ordinary Shares acquired under the Plan in Turkey. The Ordinary Shares are
currently traded on the Nasdaq Global Select Market, which is located outside of Turkey, under the ticker symbol “PRGO” and the Ordinary Shares may be sold through this exchange. 

  

					
	(Employee Univ PSU)	 	Page 25 of 26	  	    

 Ukraine 

Notifications 
 Exchange Control Information.
Exchange control rules change frequently and you should consult your personal advisor to determine whether you are required to obtain a license for obtaining shares of a foreign company from the National Bank of Ukraine (NBU). 

Terms and Conditions 
 The Award will be outside
the scope of your employment or service contract (if any) and as such will not constitute a part of your compensation package under the respective employment or service contract. 

United Kingdom 
 Terms and Conditions

 Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: 

If payment or withholding of the income tax due in connection with the PSUs is not made within ninety (90) days of the end of the U.K. tax year in which
the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 occurred (the “Due Date”), the amount of any uncollected income tax shall
constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be immediately
due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. 

Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and
Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by
the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for
reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. 

*    *    *    *    * 

  

					
	(Employee Univ PSU)	 	Page 26 of 26	  	    

 PERRIGO COMPANY PLC 

RESTRICTED STOCK UNIT AWARD AGREEMENT 

(PERFORMANCE-BASED) 
 (Under
the Perrigo Company plc 2019 Long-Term Incentive Plan) 

TO:                 Participant Name 

RE:                 Notice of Restricted Stock Unit Award
(Performance-Based) 
 This is to notify you that Perrigo Company plc (the “Company”) has granted you an Award under
the Perrigo Company plc 2019 Long-Term Incentive Plan (the “Plan”), effective as of Grant Date (the “Grant Date”). This Award consists of performance-based restricted stock units. The terms and conditions of this
incentive are set forth in the remainder of this agreement (including any special terms and conditions set forth in any appendix for your country (“Appendix”) (collectively, the “Agreement”). The capitalized terms
that are not otherwise defined in this Agreement shall have the meanings ascribed to such terms under the Plan. 
 SECTION 1 

Restricted Stock Units – Performance-Based Vesting 

1.1    Grant. As of the Grant Date, the Company grants to you Number of Awards Granted performance-based restricted
stock units (“PSUs”), subject to the terms and conditions set forth in this Agreement. The number of PSUs awarded in this Section 1.1 is referred to as the “Target Award.” The Target Award may be increased or
decreased depending on the level of attainment of the Performance Goals described in Section 1.2. Each PSU entitles you to one ordinary share of the Company, nominal value €0.001 per share (“Ordinary Share”) on the PSU Vesting
Date set forth in Section 1.2, provided the applicable Performance Goals for the Performance Measure are satisfied. 

1.2    Vesting. The number of PSUs awarded in Section 1.1 vesting, if any, shall be determined as of the PSU
Vesting Date. That number will be determined based on the level of attainment of the Performance Goals for the Performance Period, in accordance with the schedule determined by the Committee at the time the Performance Goals for the Performance
Measure are established by the Committee. 
 At the beginning of a Performance Period, the Committee shall establish one or more Performance
Goals for the Performance Measure that must be attained for Threshold, Target and Maximum performance for that Performance Period. The Performance Goal(s) will be provided to you. 

Following the end of the Performance Period, the Committee will determine the percentage of Target Award PSUs that would be payable for the
Performance Period based on the attainment of the Performance Goals established for that Performance Period. The percentage of the Target Award that would be payable under the schedule shall be adjusted, pro rata, to reflect the attained performance
between Threshold and Target, and Target and Maximum. 

  

					
		 	Page 1 of 26	  	    

 Except as provided in Section 1.4, the PSUs will be permanently forfeited if your
Termination Date occurs prior to the PSU Vesting Date. 
 1.3    Definitions. The following terms shall have the
following meanings under this Section 1. 
 (a) “Applicable Index” for the Performance Period means the applicable
index or the comparison group of peer companies selected by the Committee. 
 (b) “Performance Goal” means the level of
performance that must be attained with respect to the Performance Measure for the Performance Period for Minimum, Target and Maximum payout. 

(c) “Performance Measure” means relative total shareholder return (“rTSR”) which shall be based on
(i) the 30-day trading price average of Ordinary Shares (as adjusted for dividends) at the end of the Performance Period (“Ending Average”) over the
30-day trading price average of Ordinary Shares (as adjusted for dividends) at the beginning of the Performance Period (“Beginning Average”), and (ii) the extent to which the Ending
Average of the Applicable Index exceeds the Beginning Average of the Applicable Index. 
 The Committee shall provide how the Performance
Measure will be adjusted, if at all, as a result of extraordinary events or circumstances, as determined by the Committee, or to exclude the effects of extraordinary, unusual, or non-recurring items; changes
in applicable laws, regulations, or accounting principles; currency fluctuations; discontinued operations; non-cash items, such as amortization, depreciation, or reserves; asset impairment; or any
recapitalization, restructuring, reorganization, merger, acquisition, divestiture, consolidation, spin-off, split-up, combination, liquidation, dissolution, sale of
assets, or other similar corporation transaction. 
 (d) “Performance Period” means the three-consecutive fiscal year
period of the Company beginning on January 1 of the year in which the Grant Date occurs and ending on December 31 of the third year in the three-year period. 

(e) “PSU Vesting Date” means the last day of the Performance Period. 

(f) “Separation for Good Reason” means your voluntary resignation from the Company and the existence of one or more of the
following conditions that arose without your consent: (i) a material change in the geographic location at which you are required to perform services, such that your commute between home and your primary job site increases by more than 30
miles, or (ii) a material diminution in your authority, duties or responsibilities or a material diminution in your base compensation or incentive compensation opportunities; provided, however, that a voluntary resignation from the
Company shall not be considered a Separation for Good Reason unless you provide the Company with notice, in writing, of your voluntary resignation and the existence of the condition(s) giving rise to the separation within 90 days of its initial
existence. The Company will then have 30 days to remedy the condition, in which case you will not be deemed to have incurred a Separation for Good Reason. In the event the Company fails to cure the condition within the 30 day period, your
Termination Date shall occur on the 31st day following the Company’s receipt of such written notice. 

  

					
		 	Page 2 of 26	  	    

 (g) “Termination without Cause” means the involuntary termination of your
employment or contractual relationship by the Company without Cause, including, but not limited to, (i) a termination effective when you exhaust a leave of absence during, or at the end of, a notice period under the Worker Adjustment and
Retraining Notification Act (“WARN”), and (ii) a situation where you are on an approved leave of absence during which your position is protected under applicable law (e.g., a leave under the Family Medical Leave Act), you return from
such leave, and you cannot be placed in employment or other form of contractual relationship with the Company. 

1.4    Special Vesting Rules. Notwithstanding Section 1.2 above, if your Termination Date occurs by reason of
a Termination without Cause or a Separation for Good Reason on or after a Change in Control (as defined in the Plan and as such definition may be amended hereafter) and prior to the two (2) year anniversary of the Change in Control, all of the
PSUs awarded under Section 1.1 that have not previously been forfeited shall become fully vested as if Target performance had been obtained for the Performance Period effective as of your Termination Date. If your Termination Date occurs
because of death, Disability, or Retirement, the PSUs shall vest or be forfeited as of the PSU Vesting Date set forth in Section 1.2, based on the attainment of the performance goals. If your Termination Date occurs in the 24-month period preceding the PSU Vesting Date because of an Involuntary Termination for Economic Reasons, all of the PSUs awarded hereunder shall vest or be forfeited as of the date set forth in Section 1.2,
depending on the attainment of Performance Goals; provided, however, that if your Termination Date occurs for a reason that is both described in this sentence and in the first sentence of this Section 1.4, the special vesting rules described in
the first sentence of this Section 1.4 shall apply in lieu of the vesting rules described in this sentence. 

1.5    Settlement of PSUs. As soon as practicable following the date of the Committee’s first regularly
scheduled meeting following the last day of the Performance Period at which the Committee certifies the attainment of the Performance Goals for the Performance Period (or, if earlier, the date on which the PSUs become vested pursuant to the special
vesting rules described in Section 1.4), the Company shall transfer to you one Ordinary Share for each PSU, if any, that becomes vested pursuant to Section 1.2 or 1.4 of this Agreement (the date of any such transfer shall be the
“settlement date” for purposes of this Agreement); provided, however, the Company in its discretion may settle PSUs in cash, based on the fair market value of the shares on the vesting date. No fractional shares shall be transferred. Any
fractional share shall be rounded to the nearest whole share. The income attributable to the vesting of PSUs and the amount of any required tax withholding will be determined based on the value of the shares on the settlement date. PSUs are not
eligible for dividend equivalents. 

  

					
		 	Page 3 of 26	  	    

 SECTION 2 

General Terms and Conditions 

2.1    Nontransferability. The Award under this Agreement shall not be transferable other than by will or by the
laws of descent and distribution. 
 2.2    No Rights as a Stockholder. You shall not have any rights as a
stockholder with respect to any Ordinary Shares subject to the PSU awarded under this Agreement prior to the date of issuance to you of a certificate or certificates for such shares. 

2.3    Cause Termination. If your Termination Date occurs for reasons of Cause, all of your rights under this
Agreement, whether or not vested, shall terminate immediately. 
 2.4    Award Subject to Plan. The granting of
the Award under this Agreement is being made pursuant to the Plan and the Award shall be payable only in accordance with the applicable terms of the Plan. The Plan contains certain definitions, restrictions, limitations and other terms and
conditions all of which shall be applicable to this Agreement. ALL THE PROVISIONS OF THE PLAN ARE INCORPORATED HEREIN BY REFERENCE AND ARE MADE A PART OF THIS AGREEMENT IN THE SAME MANNER AS IF EACH AND EVERY SUCH PROVISION WERE FULLY WRITTEN
INTO THIS AGREEMENT. Should the Plan become void or unenforceable by operation of law or judicial decision, this Agreement shall have no force or effect. Nothing set forth in this Agreement is intended, nor shall any of its provisions be
construed, to limit or exclude any definition, restriction, limitation or other term or condition of the Plan as is relevant to this Agreement and as may be specifically applied to it by the Committee. In the event of a conflict in the provisions of
this Agreement and the Plan, as a rule of construction the terms of the Plan shall be deemed superior and apply. 

2.5    Adjustments in Event of Change in Ordinary Shares. In the event of a stock split, stock dividend,
recapitalization, reclassification or combination of shares, merger, sale of assets or similar event, the number and kind of shares subject to Award under this Agreement will be appropriately adjusted in an equitable manner to prevent dilution or
enlargement of the rights granted to or available for you. 
 2.6    Acknowledgement. The Company and you agree
that the PSUs are granted under and governed by the Notice of Grant, this Agreement (including the Appendix, if applicable) and by the provisions of the Plan (incorporated herein by reference). You: (i) acknowledge receipt of a copy of each of
the foregoing documents, (ii) represent that you have carefully read and are familiar with their provisions, and (iii) hereby accept the PSUs subject to all of the terms and conditions set forth herein and those set forth in the Plan and
the Notice of Grant. 
 2.7    Taxes and Withholding. 

(a)    Withholding (Only Applicable to Individuals Subject to U.S. Tax Laws). This Award is subject to the
withholding of all applicable taxes. The Company may withhold, or permit you to remit to the Company, any Federal, state or local taxes applicable to the grant, vesting or other event giving rise to tax liability with respect to this Award. If you
have not remitted the full amount of applicable withholding taxes to the Company by the date the 

  
 Page 4 of 26 

 
Company is required to pay such withholding to the appropriate taxing authority (or such earlier date that the Company may specify to assist it in timely meeting its withholding obligations), the
Company shall have the unilateral right to withhold Ordinary Shares relating to this Award in the amount it determines is sufficient to satisfy the tax withholding required by law. State taxes will be withheld at the appropriate rate set by the
state in which you are employed or were last employed by the Company. In no event may the number of shares withheld exceed the number necessary to satisfy the maximum Federal, state and local income and employment tax withholding requirements. You
may elect to surrender previously acquired Ordinary Shares or to have the Company withhold Ordinary Shares relating to this Award in an amount sufficient to satisfy all or a portion of the tax withholding required by law. 

(b)    Responsibility for Taxes (Only Applicable to Individuals Subject to Tax Laws Outside the U.S.) Regardless of
any action the Company or, if different, the Affiliate employing or retaining you takes with respect to any or all income tax, social insurance, payroll tax, payment on account or other tax-related items
related to your participation in the Plan and legally applicable to you (“Tax-Related Items”), you acknowledge that the ultimate liability for all Tax-Related
Items is and remains your responsibility and may exceed the amount actually withheld by the Company or the Affiliate employing or retaining you. You further acknowledge that the Company and/or the Affiliate employing or retaining you (1) make
no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the PSUs, including, but not limited to, the grant, vesting or settlement of the PSUs, the
subsequent sale of Ordinary Shares acquired pursuant to such settlement and the receipt of any dividends; and (2) do not commit to and are under no obligation to structure the terms of the grant or any aspect of the PSUs to reduce or eliminate
your liability for Tax-Related Items or achieve any particular tax result. Further, if you have become subject to tax in more than one jurisdiction between the PSU Grant Date and the date of any relevant
taxable event, as applicable, you acknowledge that the Company and/or the Affiliate employing or retaining you (or formerly employing or retaining you, as applicable) may be required to withhold or account for
Tax-Related Items in more than one jurisdiction. 
 (1)    Prior to any
relevant taxable or tax withholding event, as applicable, you will pay or make adequate arrangements satisfactory to the Company and/or the Affiliate employing or retaining you to satisfy all Tax-Related
Items. In this regard, you authorize the Company and/or the Affiliate employing or retaining you, or their respective agents, at their discretion, to satisfy the obligations with regard to all Tax-Related
Items by one or a combination of the following: 
 (A)    withholding from your wages or other cash compensation paid
to you by the Company and/or the Affiliate employing or retaining you; or 
 (B)    withholding from proceeds of the
sale of Ordinary Shares acquired upon settlement of the PSUs either through a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization); or 

(C)    withholding in Ordinary Shares to be issued upon settlement of the PSUs. 

  
 Page 5 of 26 

 (2)    To avoid negative accounting treatment, the Company may withhold
or account for Tax-Related Items by considering applicable statutory withholding amounts or other applicable withholding rates. If the obligation for Tax-Related Items
is satisfied by withholding in Ordinary Shares, for tax purposes, you are deemed to have been issued the full number of Ordinary Shares subject to the vested PSUs, notwithstanding that a number of the Ordinary Shares are held back solely for the
purpose of paying the Tax-Related Items. 
 (3)    Finally, you shall pay to
the Company or the Affiliate employing or retaining you any amount of Tax-Related Items that the Company or the Affiliate employing or retaining you may be required to withhold or account for as a result of
your participation in the Plan that cannot be satisfied by the means previously described. The Company may refuse to issue or deliver the Ordinary Shares or the proceeds of the sale of Ordinary Shares, if you fail to comply with your obligations in
connection with the Tax-Related Items. 
 2.8    Compliance with Applicable
Law. The issuance of Ordinary Shares will be subject to and conditioned upon compliance by the Company and you, including any written representations, warranties and agreements as the Administrator may request of you for compliance with all
(i) applicable U.S. state and federal laws and regulations, (ii) applicable laws of the country where you reside pertaining to the issuance or sale of Ordinary Shares, and (iii) applicable requirements of any stock exchange or
automated quotation system on which the Company’s Ordinary Shares may be listed or quoted at the time of such issuance or transfer. Notwithstanding any other provision of this Agreement, the Company shall have no obligation to issue any
Ordinary Shares under this Agreement if such issuance would violate any applicable law or any applicable regulation or requirement of any securities exchange or similar entity. 

2.9    Short Term Deferral (Only Applicable to Individuals Subject to U.S. Federal Tax Laws). PSUs payable under
this Agreement are intended to be exempt from Code Section 409A under the exemption for short-term deferrals. Accordingly, PSUs will be settled no later than the 15th day of the third month
following the later of (i) the end of the Employee’s taxable year in which the vesting date occurs, or (ii) the end of the fiscal year of the Company in which the vesting date occurs. 

2.10    Data Privacy. 

(a)    U.S. Data Privacy Rules (Only Applicable if this Award is Subject to U.S. Data Privacy Laws). By entering
into this Agreement and accepting this Award, you (a) explicitly and unambiguously consent to the collection, use and transfer, in electronic or other form, of any of your personal data that is necessary to facilitate the implementation,
administration and management of the Award and the Plan, (b) understand that the Company may, for the purpose of implementing, administering and managing the Plan, hold certain personal information about you, including, but not limited to, your
name, home address and telephone number, date of birth, social insurance number or other identification number, salary, nationality, job title, and details of all awards or entitlements to Shares granted to you under the Plan or otherwise
(“Personal Data”), (c) understand that Personal Data may be transferred to any third parties assisting in the implementation, administration and management of the Plan, including any broker with whom the Shares issued upon vesting of the
Award may be deposited, 

  
 Page 6 of 26 

 
and that these recipients may be located in your country or elsewhere, and that the recipient’s country may have different data privacy laws and protections than your country, (d) waive
any data privacy rights you may have with respect to the data, and (e) authorize the Company, its Affiliates and its agents, to store and transmit such information in electronic form. 

(b)    Non-U.S. Data Privacy Rules (Only Applicable if this Award is Subject to
Data Privacy Laws Outside of the U.S.) 
 (1)    By entering into this Agreement and accepting this Award, you
hereby explicitly and unambiguously consent to the collection, use and transfer, in electronic or other form, of your personal data as described in this Agreement and any other PSU grant materials by and among, as applicable, the Affiliate employing
or retaining you, the Company and its Affiliates for the exclusive purpose of implementing, administering and managing your participation in the Plan. 

(2) You understand that the Company and the Affiliate employing or retaining you may hold certain personal information about you, including,
but not limited to, your name, home address and telephone number, date of birth, social insurance number or other identification number, salary, nationality, job title, any Ordinary Shares or directorships held in the Company, details of all PSUs or
any other entitlement to Ordinary Shares awarded, canceled, exercised, vested, unvested or outstanding in your favor, for the exclusive purpose of implementing, administering and managing the Plan (“Data”). 

(3) You understand that Data will be transferred to legal counsel or a broker or such other stock plan service provider as may be selected by
the Company in the future, which is assisting the Company with the implementation, administration and management of the Plan. You understand that the recipients of the Data may be located in the United States or elsewhere, and that the
recipients’ country (e.g., the United States) may have different data privacy laws and protections than your country of residence. You understand that if you reside outside the United States, you may request a list with the names and addresses
of any potential recipients of the Data by contacting your local or Company human resources representative. You authorize the Company and any other possible recipients which may assist the Company (presently or in the future) with implementing,
administering and managing the Plan to receive, possess, use, retain and transfer the Data, in electronic or other form, for the sole purpose of implementing, administering and managing your participation in the Plan. You understand that Data will
be held only as long as is necessary to implement, administer and manage your participation in the Plan. You understand that if you reside outside the United States, you may, at any time, view Data, request additional information about the storage
and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing your local or Company human resources representative. You understand, however, that
refusing or withdrawing your consent may affect your ability to participate in the Plan. For more information on the consequences of your refusal to consent or withdrawal of consent, you understand that you may contact your local or Company human
resources representative. 
 2.11    Successors and Assigns. This Agreement shall be binding upon any or all
successors and assigns of the Company. 

  
 Page 7 of 26 

 2.12    Applicable Law. This Agreement shall be governed by and
construed and enforced in accordance with the applicable Code provisions to the maximum extent possible and otherwise by the laws of the State of Michigan without regard to principals of conflict of laws, provided that if you are a foreign national
or employed outside the United States, this Agreement shall be governed by and construed and enforced in accordance with applicable foreign law to the extent that such law differs from the Code and Michigan law. Any proceeding related to or arising
out of this Agreement shall be commenced, prosecuted or continued in the Circuit Court in Kent County, Michigan located in Grand Rapids, Michigan or in the United Stated District Court for the Western District of Michigan, and in any appellate court
thereof. 
 2.13    Forfeiture of PSUs. If the Company, as a result of misconduct, is required to prepare an
accounting restatement due to material noncompliance with any financial reporting requirement under the securities laws, then (a) if your incentive or equity-based compensation is subject to automatic forfeiture due to such misconduct and
restatement under Section 304 of the Sarbanes-Oxley Act of 2002, or (b) the Committee determines you either knowingly engaged in or failed to prevent the misconduct, or your actions or inactions with respect to the misconduct and
restatement constituted gross negligence, you shall (i) be required to reimburse the Company the amount of any payment relating to any PSUs earned or accrued during the twelve month period following the first public issuance or filing with the
SEC (whichever first occurred) of the financial document embodying such financial reporting requirement, and (ii) all outstanding PSUs that have not yet been settled shall be immediately forfeited. In addition, Ordinary Shares acquired under
this Agreement, and any gains or profits on the sale of such Ordinary Shares, shall be subject to any “clawback” or recoupment policy later adopted by the Company. 

2.14    Special Rules for Non-U.S. Grantees (Only Applicable if You Reside
Outside of the U.S.) 
 (a)    Nature of Grant. In accepting the grant, you acknowledge, understand and agree
that: 
 (1)    the Plan is established voluntarily by the Company, it is discretionary in nature and it may be
modified, amended, suspended or terminated by the Company at any time, except as otherwise provided in the Plan; 

(2)    the grant of the PSUs is voluntary and occasional and does not create any contractual or other right to receive
future grants of PSUs, or benefits in lieu of PSUs, even if PSUs have been granted repeatedly in the past; 

(3)    all decisions with respect to future PSUs grants, if any, will be at the sole discretion of the Company; 

(4)    you are voluntarily participating in the Plan; 

(5)    the PSUs and the Ordinary Shares subject to the PSUs are an extraordinary item and which is outside the scope of
your employment or service contract, if any; 
 (6)    the PSUs and the Ordinary Shares subject to the PSUs are not
intended to replace any pension rights or compensation; 

  
 Page 8 of 26 

 (7)    the PSUs and the Ordinary Shares subject to the PSUs are not
part of normal or expected compensation for purposes of calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar payments
and in no event should be considered as compensation for, or relating in any way to, past services for the Company, the Affiliate employing or retaining you or any other Affiliate; 

(8)    the grant and your participation in the Plan will not be interpreted to form an employment or service contract
with the Company or any Affiliate; 
 (9)    the future value of the underlying Ordinary Shares is unknown,
indeterminable and cannot be predicted with certainty; 
 (10)    no claim or entitlement to compensation or damages
shall arise from forfeiture of the PSUs resulting from your Termination Date (for any reason whatsoever, whether or not later found to be invalid and whether or not in breach of employment laws in the jurisdiction where you are employed or rendering
services, or the terms of your employment agreement, if any), and in consideration of the grant of the PSUs to which you are otherwise not entitled, you irrevocably agree never to institute any claim against the Company or the Affiliate employing or
retaining you, waive your ability, if any, to bring any such claim, and release the Company and the Affiliate employing or retaining you from any such claim; if, notwithstanding the foregoing, any such claim is allowed by a court of competent
jurisdiction, then, by participating in the Plan, you shall be deemed irrevocably to have agreed not to pursue such claim and agree to execute any and all documents necessary to request dismissal or withdrawal of such claim; and 

(11)    you acknowledge and agree that neither the Company, the Affiliate employing or retaining you nor any other
Affiliate shall be liable for any foreign exchange rate fluctuation between the currency of the country in which you reside and the United States Dollar that may affect the value of the PSUs or of any amounts due to you pursuant to the settlement of
the PSUs or the subsequent sale of any Ordinary Shares acquired upon settlement. 
 (b)    Appendix.
Notwithstanding any provisions in this Agreement, the PSUs grant shall be subject to any special terms and conditions set forth in any Appendix to this Agreement. Moreover, if you relocate to one of the countries included in the Appendix, the
special terms and conditions for such country will apply to you, to the extent the Company determines that the application of such provisions is necessary or advisable in order to comply with laws of the country where you reside or to facilitate the
administration of the Plan. If you relocate to the United States, the special terms and conditions in the Appendix will apply, or cease to apply, to you, to the extent the Company determines that the application or otherwise of such provisions is
necessary or advisable in order to facilitate the administration of the Plan. The Appendix constitutes part of this Agreement. 

(c)    Imposition of Other Requirements. The Company reserves the right to impose other requirements on your
participation in the Plan, on the PSUs and on any Ordinary Shares acquired under the Plan, to the extent the Company determines it is necessary or advisable in order to comply with laws of the country where you reside or to facilitate the
administration of the Plan, and to require you to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 

  
 Page 9 of 26 

 **** 

We look forward to your continuing contribution to the growth of the Company. Please acknowledge your receipt of the Plan and this Award. 

 

			
	Very truly yours,	 	

 
			
		
	Print Name:	 	  

 
			
		
	Title:	 	  

  
 Page 10 of 26 

 APPENDIX 

PERRIGO COMPANY PLC 

Additional Terms and Provisions to 

Restricted Stock Unit Award Agreement (Performance-Based) 

Terms and Conditions 
 This Appendix (the
“Appendix”) includes additional terms and conditions that govern the restricted stock units (Performance-Based) (“PSUs” or “Award”) granted to you under the Plan if you reside in one of the countries listed below.
Certain capitalized terms used but not defined in this Appendix have the meanings set forth in the Plan and/or the Agreement. The Award will not create any entitlement to receive any similar benefit in the future. 

Notifications 
 This Appendix also includes
country-specific information of which you should be aware with respect to your participation in the Plan. The information is based on the securities, exchange control and other laws in effect in the respective countries as of January 2019. Such laws
are often complex and change frequently. As a result, the Company strongly recommends that you do not rely on the information noted herein as the only source of information relating to the consequences of your participation in the Plan because the
information may be out of date at the time that you vest in the PSUs and Ordinary Shares are issued to you or the shares issued upon vesting of the PSUs are sold. 

In addition, the information is general in nature and may not apply to your particular situation, and the Company is not in a position to assure you of any
particular result. Accordingly, you are advised to seek appropriate professional advice as to how the relevant laws in your country may apply to your particular situation. Finally, please note that if you are a citizen or resident of a country other
than the country in which you are currently working, or transfers employment after grant, the information contained in the Appendix may not be applicable. 

Australia 

 

Important Notice 

Any advice given by or on behalf of the Company, or any member of the Company’s group, in relation to securities or
financial products offered under the Plan does not take into account your objectives, financial situation and needs. You should consider obtaining their own financial product advice from a person who is licensed by the Australian Securities and
Investments Commission to give such advice. 

  
 Page 11 of 26 

 Information to be provided under ASIC Class Order 14/1000 

A copy of the terms of the Plan will be provided to you with this Agreement. 

Notwithstanding the terms of the Plan, no offers of PSUs may be made under the Plan, to Australian participants, who do not fall within the definition of
‘eligible participant’ within ASIC Class Order 14/1000. 
 As set out in this Agreement, each PSU represents the right to receive one
Ordinary Share subject to the relevant performance goals and performance measures being met, or otherwise waived, in accordance with the Plan and this Agreement. 

The PSUs will be issued for nil consideration. You are not required to pay for a PSU or for the subsequent transfer of an Ordinary Share on vesting of that
PSU, however your responsibility for any taxes is as set out in the terms of the Plan and this Agreement. 
 Notwithstanding any discretion contained in the
Plan, or any provision in this Agreement to the contrary, the number of PSUs granted to you will only be decreased depending on your level of attainment of performance goals against your designated performance measures. If you fully meet your
performance goals against the designated performance measures, all of your PSUs will vest. However, if you only partially meet your performance goals against the designated performance measures, only a partial number of your PSUs will vest. You will
be entitled to one Share for each vested PSU. 
 For the avoidance of doubt, there will be no increase to the number of PSUs granted to you on the Grant
Date. 
 The Company will not provide you with any loans or financial assistance under the Plan in connection with the offer of the PSUs. 

No PSUs or Ordinary Shares transferred to you under the Plan will be held, on your behalf, by a trustee/nominee. 

The indicative daily price of the Ordinary Shares on the New York Stock Exchange (NYSE), quoted in US dollars, is available on the Company’s
website at http://perrigo.investorroom.com/stock-information. The Ordinary Shares are also quoted on the NASDAQ Stock Market (NASDAQ) (refer to NASDAQ’s website at http://www.nasdaq.com/symbol/prgo). 

The Australian dollar equivalent of the Ordinary Shares can be determined using prevailing exchange rate published by the Commonwealth Bank of Australia
(Prevailing Exchange Rate). Alternatively, the Company will advise you of the price of its Ordinary shares (in equivalent Australian dollars) as soon as possible following receipt of any request for such information. This information may be
obtained by you contacting your local Human Resources representative. 

  
 Page 12 of 26 

 Before accepting an offer to be granted PSUs, you should satisfy yourself that you have a sufficient
understanding of the risks set out below and should consider if the PSUs are a suitable investment for you, having regard to your own investment objectives, financial circumstances and taxation position: 

 

	(d)	 the vesting conditions for your PSUs may not be satisfied for reasons beyond the Company’s or your
control; 

  

	(e)	 you are not permitted to transfer your PSUs unless permitted under this Agreement or the Plan;

  

	(f)	 if your PSUs vest and you subsequently receive Ordinary Shares: 

 

	 	(i)	 the value of those shares may rise and fall according to investor sentiment, general economic conditions and
outlook, international and local stock markets, employment, inflation, interest rates, government policy, taxation and regulation; and 

  

	 	(ii)	 there is no guarantee that an active trading market for the shares will exist or that the price of the shares
will increase. There may be relatively few potential buyers or sellers of the shares on the NYSE, NASDAQ, TASE or any other applicable market at any time and this may increase the volatility of the market price of the shares. It may also affect the
prevailing market price at which you may be able to sell your shares. 

 Please note that the above risks are only general risks of
acquiring and holding PSUs under the Plan. It does not purport to list every risk that may be associated with the Plan now or in the future. 
 Finally, if
at the time of vesting, the Company determines that it is not legal under Australian securities laws to issue shares, the outstanding PSUs will be cancelled and no shares will be issued to you nor will any benefits in lieu of shares be paid to you.

 Exchange Control Information 
 Exchange
control reporting is payments equal to or exceeding AUD10,000 made to a foreign individual or entity. This reporting is generally done automatically by the financial institution making the transfer. 

Austria 
 Notifications 

Exchange Control Information. If you hold Ordinary Shares outside of Austria, you must submit a report to the Austrian National Bank. An exemption
applies if the value of the shares as of any given quarter does not exceed €30,000,000 or as of December 31 does not exceed €5,000,000. If the former threshold is exceeded, quarterly obligations are imposed, whereas if the latter
threshold is exceeded, annual reports must be given. The annual reporting date is as of December 31 and the deadline for filing the annual report is March 31 of the following year. If quarterly obligations are imposed, the reporting date
is the end of each quarter and the deadline for filing the report is the 15th of the month following. 

  
 Page 13 of 26 

 When shares are sold, there may be exchange control obligations if the cash received is held outside
Austria. If the transaction volume of all your accounts abroad exceeds €10,000,000, the movements and balances of all accounts must be reported monthly, as of the last day of the month, on or before the fifteenth day of the following month with
the form “Meldungen SI-Forderungen und/oder SI-Verpflichtungen.” 

Belgium 
 Notifications 

Foreign Asset/Account Reporting Information. You are required to report any security or bank accounts (including brokerage accounts) you maintain
outside of Belgium on your annual tax return. In a separate report, you are required to provide the National Bank of Belgium with certain details regarding such foreign accounts (including the account number, bank name and country in which any such
account was opened). This report, as well as additional information on how to complete it, can be found on the website of the National Bank of Belgium, www.nbb.be, under Kredietcentrales / Centrales des crédits caption. 

Bermuda 
 Terms and Conditions

 The Award Agreement is not subject to and has not received approval from the Bermuda Monetary Authority and the Registrar of Companies in Bermuda,
and no statement to the contrary, explicit or implicit, is authorized to be made in this regard. The securities may be offered or sold in Bermuda only in compliance with the provisions of the Investment Business Act 2003 of Bermuda. 

Brazil 
 Terms and Conditions

 Labor Law Acknowledgment. You agree that, for all legal purposes, (i) the benefits provided under the Plan are the result of
commercial transactions unrelated to your employment; (ii) the Plan is not a part of the terms and conditions of your employment; and (iii) the income from the PSUs, if any, is not part of your remuneration from employment. 

Notifications 
 Compliance with Law. By
accepting the PSUs, you agree to comply with Brazilian law when the PSUs vest and the shares are sold. You also agree to report and pay any and all taxes associated with the vesting of the PSUs, the sale of the PSUs acquired pursuant to the Plan,
and the receipt of any dividends. 
 Exchange Control Information. If you are a resident or domiciled in Brazil and hold assets and rights outside
Brazil with an aggregate value exceeding US$100,000, you will be required to prepare and submit to the Central Bank of Brazil an annual declaration of such assets and rights. Assets and rights that must be reported include PSUs. 

  
 Page 14 of 26 

 Czech Republic 

Notifications 
 Exchange Control Information.
The Czech National Bank may require you to report the PSUs and or Ordinary Shares received and the opening and maintenance of a foreign account. However, because exchange control regulations change frequently and without notice, you should
consult your personal legal advisor prior to the vesting of the PSUs to ensure your compliance with current regulations. It is your responsibility to comply with applicable Czech exchange control laws. 

Estonia 
 No country specific provisions.

 Finland 
 No country specific
provisions. 
 France 
 Terms and
Conditions 
 Consent to Receive Information in English. By accepting the Award, you confirm having read and understood the Plan and the
Agreement, which were provided in the English language. You accept the terms of those documents accordingly. 
 En acceptant cette attribution gratuite
d’actions, vous confirmez avoir lu et comprenez le Plan et ce Contrat, incluant tous leurs termes et conditions, qui ont été transmis en langue anglaise. Vous acceptez les dispositions de ces documents en connaissance de cause.

 Notifications 
 Tax Reporting
Information. If you hold Ordinary Shares outside of France or maintain a foreign bank account, you are required to report such to the French tax authorities when you file your annual tax return. 

Tax Information. The PSUs are not intended to qualify as a French tax qualified performance restricted stock units under French tax law. 

Foreign Asset/Account Reporting Information. If you are a French resident and hold cash or Ordinary Shares outside of France, you must declare
all foreign bank and brokerage accounts (including any accounts that were opened or closed during the tax year) on an annual basis on a special form, No. 3916, together with your income tax return. Further, if you are a French resident with
foreign account balances exceeding €1,000,000, you may have additional monthly reporting obligations. 
 Germany 

Notifications 

  
 Page 15 of 26 

 Exchange Control Information. Cross-border payments in excess of €12,500 must be reported
monthly to the German Federal Bank. If you use a German bank to transfer a cross-border payment in excess of €12,500 in connection with the sale of shares acquired under the Plan, the bank will make the report for you. In addition, you must
report any receivables, payables, or debts in foreign currency exceeding an amount of €5,000,000 on a monthly basis. 
 Greece

 Notifications 
 Exchange Control
Information. Pursuant to your Award, if you withdraw funds in excess of €15,000 from a bank in Greece and remit those funds out of Greece, you may be required to submit certain documentation/ information to the Greek bank to
ensure that the transfer is not in violation of Greek anti-money laundering rules. 
 Hungary 

No country specific provisions. 
 India 

Notifications 
 Exchange Control
Notification. You must repatriate all proceeds received from the sale of the shares to India within 90 days after sale. You will receive a foreign inward remittance certificate (“FIRC”) from the bank where you deposit the foreign
currency. You should maintain the FIRC as evidence of the repatriation of funds in the event that the Reserve Bank of India or the employer requests proof of repatriation. 

Tax Information. The amount subject to tax at vesting will partially be dependent upon a valuation that the Company or your employer will obtain from a
Merchant Banker in India. Neither the Company nor your employer has any responsibility or obligation to obtain the most favorable valuation possible, nor obtain valuations more frequently than required under Indian tax law. 

Foreign Asset/Account Reporting Information. You are required to declare in your annual tax return (a) any foreign assets held by you (e.g.,
Ordinary Shares acquired under the Plan and, possibly, the Award), and (b) any foreign bank accounts for which you have signing authority. 

Ireland 
 Notifications 

Director Notification Obligation. If you are a director, shadow director or secretary of the Company’s Irish Subsidiary or Affiliate, you must
notify the Irish Subsidiary or Affiliate in writing within five business days of receiving or disposing of an interest exceeding 1% of the Company (e.g., PSUs, shares, etc.), or within five business days of becoming aware of the event giving
rise to the notification requirement or within five days of becoming a director or secretary if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or children under the age of 18
(whose interests will be attributed to the director, shadow director or secretary). 

  
 Page 16 of 26 

 Terms and Conditions 

Data Privacy. All references in Section 2.10 of the Agreement to data privacy shall be deleted in their entirety. 

Israel 
  

			
	Type of Grant	  	☐ Capital Gain Award (“CGA”)
		  	☐ Ordinary Income Award (“OIA”)
		  	☐ 3(i) Award
		  	☐ Unapproved 102 Award

 Terms and Conditions 

Settlement of PSUs. Notwithstanding anything to the contrary in this Agreement, if the PSUs granted hereunder are 102 Awards, the PSUs shall be settled
in Ordinary Shares only. 
 Trust. All Approved 102 Awards shall be held in trust by a trustee designated by the Company (“Trustee”)
or shall be supervised by the Trustee in accordance with the instructions set forth by the Israeli Tax Authority (“ITA”), for the requisite lockup period prescribed by the Ordinance and the regulations promulgated thereunder, or
such other period as may be required by the ITA, during which period Awards or Ordinary Shares issued thereunder, and all rights resulting from them, including bonus shares, must be held or supervised by the Trustee in accordance with the
instructions set forth by the ITA. The Trustee shall not release any Approved 102 Awards, Ordinary Shares issued upon the exercise of any Approved 102 Awards, or any rights, including bonus shares, resulting from such Approved 102 Awards or Ordinary
Shares, prior to the full payment of your tax liability. The Trustee or the Israeli Affiliate shall withhold any applicable taxes in accordance with Section 102 or any applicable tax ruling obtained by the Company. 

Without derogating from the foregoing, if your PSUs do not qualify as Approved 102 Awards the Company may still at it sole discretion deposit your
PSUs in trust to ensure that taxes are properly withheld. 
 You hereby release the Trustee from any liability in respect of any action or decision duly
taken and executed in good faith in relation to any PSUs or Ordinary Shares issued to you thereunder. 
 Tax. Without derogating from
Section 2.7(b) above, you hereby agree to indemnify the Company and/or its Affiliates and/or the Trustee and hold them harmless against and from any and all liability for all such tax or interest or penalty thereon, including without
limitation, liabilities relating to the necessity to withhold, or to have withheld, any such tax from any payment made to you. 

  
 Page 17 of 26 

 Compliance with Law. By accepting the PSUs, you agree to comply with the provisions of
Section 102 and the regulations and rules promulgated thereunder or any tax ruling to be obtained by the Company in connection with your PSUs. 

Italy 
 Terms and Conditions

 Data Privacy Notice. The following provision supplements the terms in the Agreement: 

You understand that your employer and/or the Company may hold certain personal information about you, including, but not limited to, your name, home address
and telephone number, date of birth, social security number (or any other social or national identification number), salary, nationality, job title, number of Ordinary Shares held and the details of all PSUs or any other entitlement to Ordinary
Shares awarded, cancelled, exercised, vested, unvested or outstanding (the “Data”) for the purpose of implementing, administering and managing your participation in the Plan. You are aware that providing the Company with the Data is
necessary for the performance of this Agreement and that your refusal to provide such Data would make it impossible for the Company to perform its contractual obligations and may affect your ability to participate in the Plan. 

The “Controller” of personal data processing is Perrigo Company, plc, with registered offices at Allegan, Michigan, USA, and, pursuant to D.lgs
196/2003, its representative in Italy is Perrigo Italia Srl with its registered address at Viale Castello della Magliana 18, 00148 Rome, Italy. You understand that the Data may be transferred to the Company or any of its subsidiaries or affiliates,
or to any third parties assisting in the implementation, administration and management of the Plan, including any transfer required to a broker or other third party with whom Ordinary Shares acquired pursuant to the vesting of the PSUs or cash from
the sale of Ordinary Shares acquired pursuant to the Plan may be deposited. Furthermore, the recipients that may receive, possess, use, retain and transfer such Data for the above mentioned purposes may be located in Italy or elsewhere, including
outside of the European Union and that the recipients’ country (e.g., the United States) may have different data privacy laws and protections than Italy. The processing activity, including the transfer of your personal data abroad, outside of
the European Union, as herein specified and pursuant to applicable laws and regulations, does not require your consent thereto as the processing is necessary for the performance of contractual obligations related to the implementation,
administration and management of the Plan. You understand that Data processing relating to the purposes above specified shall take place under automated or non-automated conditions, anonymously when possible,
that comply with the purposes for which Data are collected and with confidentiality and security provisions as set forth by applicable laws and regulations, with specific reference to D.lgs. 196/2003. 

You understand that Data will be held only as long as is required by law or as necessary to implement, administer and manage your participation in the Plan.
You understand that pursuant to art.7 of D.lgs 196/2003, you have the right, including but not limited to, access, delete, update, request the rectification of your personal Data and cease, for legitimate reasons, the Data processing. Furthermore,
you are aware that your Data will not be used for direct marketing purposes. 

  
 Page 18 of 26 

 Plan Document Acknowledgment. In accepting the PSUs, you acknowledge that you have received a copy of
the Plan and the Agreement and have reviewed the Plan and the Agreement, including this Appendix, in their entirety and fully understand and accept all provisions of the Plan and the Agreement, including this Appendix. 

Notifications 
 Tax/Exchange Control
Information. You are required to report on your annual tax return: (a) any transfers of cash or Ordinary Shares to or from Italy; (b) any foreign investments or investments (including the Ordinary Shares issued at vesting of the PSUs,
cash or proceeds from the sale of Ordinary Shares acquired under the Plan) held outside of Italy, if the investment may give rise to income in Italy (this will include reporting the Ordinary Shares issued at vesting of the PSUs if the fair market
value of such Ordinary Shares combined with other foreign assets); and (c) the amount of the transfers to and from abroad which have had an impact during the calendar year on your foreign investments or investments held outside of Italy. You
are exempt from the formalities in (a) if the investments are made through an authorized broker resident in Italy, as the broker will comply with the reporting obligation on your behalf. 

Kazakhstan 
 Notifications

 Exchange Control Information. Exchange control rules change frequently and you should consult your personal advisor to determine whether
you are required to report the acquisition of shares of a foreign company to the National Bank of Kazakhstan. 
 Latvia 

No country specific provisions. 
 Lithuania

 No country specific provisions. 

Luxembourg 
 Notifications

 Exchange Control Information. You are required to report any inward remittances of funds to the Banque Central de Luxembourg and/or
the Service Central de La Statistique et des Etudes Economiques. If a Luxembourg financial institution is involved in the transaction, it generally will fulfill the reporting obligation on your behalf. 

Mexico 
 Modification. By accepting
the PSUs, you understand and agree that any modification of the Plan or the Agreement or its termination shall not constitute a change or impairment of the terms and conditions of employment. 

  
 Page 19 of 26 

 Plan Document Acknowledgment. By accepting the award of the PSUs, you acknowledge that you have
received copies of the Plan, have reviewed the Plan and the Agreement in their entirety and fully understand and accept all provisions of the Plan and the Agreement. 

In addition, by signing the Agreement, you further acknowledge that you have read and specifically and expressly approve the terms and conditions in the
Agreement, in which the following is clearly described and established: 
  

	 	(v)	 Participation in the Plan does not constitute an acquired right; 

 

	 	(vi)	 The Plan and participation in the Plan is offered by the Company on a wholly discretionary basis;

  

	 	(vii)	 Participation in the Plan is voluntary; and 

 

	 	(viii)	 The Company and any Parent, Subsidiary or Affiliates are not responsible for any decrease in the value of the
shares. 

 Labor Law Acknowlegement and Policy Statement. In accepting the RSUs, you expressly recognize the Company is solely
responsible for the administration of the Plan and that your participation in the Plan and acquisition of Ordinary Shares does not constitute an employment relationship between you and the Company since you are participating in the Plan on a wholly
commercial basis and on a wholly commercial basis and your sole employer is Perrigo de Mexico S.A. De C.V. (“Perrigo Mexico”). Based on the foregoing, you expressly recognize that the Plan and the benefits that you may derive from
participation in the Plan do not establish any rights between you and your employer, Perrigo Mexico, and do not form part of the employment conditions and/or benefits provided by Perrigo Mexico and any modification of the Plan or its termination
shall not constitute a change or impairment of the terms and conditions of your employment. 
 You further understand that your participation in the Plan is
as a result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue your participation at any time without any liability to you. 

Finally, you hereby declare that you do not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of
your participation in the Plan and therefore grant a full and broad release to the Employer, the Company and any Parent, Subsidiary or Affiliates with respect to any claim that may arise under the Plan. 

Spanish Translation 
 Modificación. Al
aceptar las Unidades de Acción Restringida de Rendimiento (PSUs, por sus siglas en inglés) usted entiende y esta de acuerdo que cualquier modificación del plan o del acuerdo o su terminación no constituirá un
cambio o detrimento de los términos y condiciones de su empleo. 
 Confirmación del Documento del Plan. Al aceptar el otorgamiento de
las PSUs, usted reconoce que ha recibido copias y ha revisado dicho acuerdo en su totalidad y que ha entendido y aceptado completamente todas las disposiciones contenidas en el Plan y en el Acuerdo. 

  
 Page 20 of 26 

 Adicionalmente, al firmar el acuerdo, usted reconoce que ha leído, y aprobado de manera
específica y expresa los términos y condiciones en el acuerdo en el que se describe y establece claramente los siguiente: 
  

	 	(v)	 La participación en el Plan no constituye un derecho adquirido; 

 

	 	(vi)	 El plan y la participación en el mismo, son ofrecidos por la Compañía de manera totalmente
discrecional; 

  

	 	(vii)	 La participación en el Plan es voluntaria; y 

 

	 	(viii)	 La Compañía, y cualquier Sociedad controladora, Subsidiaria o Filiales no son responsables por
ningún decremento en el valor de las Acciones. 

 Constancia de aceptación de la ley laboral y declaración de la
política. Al aceptar las PSUs, usted reconoce expresamente que la Compañía, es la única responsable de la administración del Plan, y que su participación en el Plan y la adquisición de las
acciones comunes no constituyen una relación de trabajo entre usted y la Compañía dado que usted participa en el Plan de manera completamente comercial y el único empleador que tiene es Perrigo de México, S.A. de
C.V. (« Perrigo de Mexico »). Con base en lo anterior, usted reconoce expresamente que el Plan y los beneficios que usted pueda obtener de la participación en el Plan, no establecen ningún derecho entre usted y su empleador
Perrigo de México y no forman parte de las condiciones de trabajo ni de las prestaciones ofrecidas por Perrigo de México y cualquier modificación del Plan o la terminación de éste, no constituyen un cambio o
deterioro de los términos y condiciones de su trabajo. 
 Además, usted comprende que su participación en el Plan es el resultado de
una decisión unilateral y discrecional de la Compañía; por lo tanto, la Compañía se reserva el derecho absoluto de modificar y/o interrumpir la participación de usted en cualquier momento sin ninguna
responsabilidad para usted. 
 Finalmente, usted declara que no se reserva ninguna acción o derecho de presentar algún reclamo o demanda en
contra de la Compañía por compensación, daño o perjuicio alguno como resultado de su participación en el Plan, en consecuencia, otorga el más amplio finiquito al Empleador, así como a la
Compañía, a su Sociedad controladora, Subsidiaria o Filiales con respecto a cualquier demanda que pudiera originarse en virtud del Plan. 

Netherlands 
 Notifications

 Insider-Trading Notification. Dutch insider-trading rules prohibit you from effectuating certain transactions involving shares if you have
inside information about the Company. If you are uncertain whether the insider-trading rules apply to you, you should consult your personal legal advisor. 

Norway 
 No country specific provisions.

  
 Page 21 of 26 

 Poland 

Terms and Conditions 
 Consent to Receive
Information in English. By accepting the Award, you confirm having read and understood the Plan and the Agreement, which were provided in the English language. You accept the terms of those documents accordingly. 

Notifications 
 Exchange Control Information.
If you hold foreign securities (including shares pursuant to the Award) and maintain accounts abroad, you may be required to file certain reports with the National Bank of Poland. Specifically, if the value of securities and cash held in such
foreign accounts exceeds PLN 7,000,000 at the end of the year, you must file reports on the transactions and balances of the accounts on a quarterly basis by the 26th day of the month following the end of each quarter and an annual report by no
later than January 30 of the following calendar year. Such reports are filed on special forms available on the website of the National Bank of Poland. 

If at the end of the year you did not reach the given threshold but in the next year, at the end of a calendar quarter, you reach the threshold, you are
obliged to submit the appropriate form to NBP for this quarter and each of the following quarters of this calendar year (within 26 days from the end of each calendar quarter). Such reports are filed on special forms available on the website of the
National Bank of Poland. 
 Additionally, if you are a Polish citizen and you transfer funds abroad in excess of the PLN equivalent of €15,000, the
transfer must be made through an authorized bank, a payment institution or an electronic money institution authorized to render payment services. 

Furthermore, at the banks’ request, Polish residents are required to inform eligible banks, within the meaning of the Foreign Exchange Act, about all
foreign exchange transactions performed through them. 
 Polish residents are also required to store the documents connected with foreign exchange
transactions for a period of five years, counting from the end of the year when the foreign exchange transactions were made. 
 Portugal

 Terms and Conditions 
 Language
Consent. You hereby expressly declare that you have full knowledge of the English language and have read, understood and fully accepted and agreed with the terms and conditions established in the Plan and Award Agreement. 

Conhecimento da Lingua. O Contratado, pelo presente instrumento, declara expressamente que tem pleno conhecimento da língua inglesa e que leu,
compreendeu e livremente aceitou e concordou com os termos e condições estabelecidas no Plano e no Acordo de Atribuição (Award Agreement em inglês). 

  
 Page 22 of 26 

 Notifications 

Exchange Control Information. If you receive shares pursuant to the Award, the acquisition of the shares should be reported to the Banco de Portugal,
for statistical purposes, if you perform economic, financial, or foreign exchange operations, and the volume of activity is greater than EUR 100,000. If the shares are deposited with a commercial bank or financial intermediary in Portugal, such bank
or financial intermediary will submit the report on your behalf. If the shares are not deposited with a commercial bank or financial intermediary in Portugal, you are responsible for submitting the report to the Banco de Portugal. 

Romania 
 Notifications 

Exchange Control Information. If you acquire more than 10% of the share capital in a foreign entity, the acquisition is required to be reported
to the National Bank of Romania (“NBR”) for statistical purposes. You should consult your personal advisor to determine whether you will be required to submit such documentation to the NBR. 

Insider-Trading Notification. Romanian insider-trading rules prohibit you from effectuating certain transactions involving shares if you have inside
information about the Company. If you are uncertain whether the insider-trading rules apply to you, you should consult your personal legal advisor. 

Serbia 
 No country specific provisions.

 Slovakia 
 No country specific
provisions. 
 Slovenia 
 No country
specific provisions. 
 South Africa 

Terms and Conditions 
 Tax Information. By
accepting the PSUs, you agree that, immediately upon vesting of the PSUs, you may need to notify your employer of the amount of any gain realized. If you fail to advise your employer of the gain realized upon vesting, you may be liable for a fine.
You will be solely responsible for paying any difference between the actual tax liability and the amount withheld by your employer. It is recommended that you consult with your personal tax advisor with respect to your requirements. 

Notifications 
 Exchange Control
Information. Because no transfer of funds from South Africa is required under the PSUs, no filing or reporting requirements should apply when the award is granted nor 

  
 Page 23 of 26 

 
when Ordinary Shares are issued upon vesting of the PSUs. However, because the exchange control regulations are subject to change, you should consult your personal advisor prior to vesting and
settlement of the award to ensure compliance with current regulations. 
 Spain 

Terms and Conditions 
 No Entitlement for Claims
or Compensation. By accepting the award of PSUs, you consent to participation in the Plan, and acknowledge that you have received a copy of the Plan document. You understand that the Company has unilaterally, gratuitously and in its sole
discretion decided to make awards of PSUs under the Plan to individuals who may be employees, consultants and directors throughout the world. The decision is limited and entered into based upon the express assumption and condition that any PSUs will
not economically or otherwise bind the Company or any Parent, Subsidiary or Affiliate, including your employer, on an ongoing basis, other than as expressly set forth in the Agreement. Consequently, you understand that the Award is given on the
assumption and condition that the PSUs shall not become part of any employment contract (whether with the Company or any Parent, Subsidiary or Affiliate, including your employer) and shall not be considered a mandatory benefit, salary for any
purpose (including severance compensation) or any other right whatsoever. Furthermore, you understand and freely accept that there is no guarantee that any benefit whatsoever shall arise from the award, which is gratuitous and discretionary, since
the future value of the PSUs and the underlying shares is unknown and unpredictable. You also understand that this Award would not be made but for the assumptions and conditions set forth hereinabove; thus, you understand, acknowledge and freely
accept that, should any or all of the assumptions be mistaken or any of the conditions not be met for any reason, the Award, the PSUs and any right to the underlying shares shall be null and void. 

Notifications 
 Exchange Control Information.
You must declare the acquisition, ownership and disposition of stock in a foreign company (including Ordinary Shares acquired under the Plan) to the Spanish Dirección General de Comercio e Inversiones (the “DGCI”), the Bureau
for Commerce and Investments, which is a department of the Ministry of Economy and Competitiveness, for statistical purposes. Generally, the declaration must be made in January for Ordinary Shares acquired or sold during (or owned as of
December 31 of) the prior year; however, if the value of shares acquired or sold exceeds €1,502,530 (or you hold 10% or more of the shares capital of the Company or such other amount that would entitle you to join the Company’s board
of directors), the declaration must be filed within one month of the acquisition or sale, as applicable. 
 Additionally, you may be required to declare
electronically to the Bank of Spain any securities accounts (including brokerage accounts held abroad), any foreign instruments (e.g., Ordinary Shares) and any transactions with non-Spanish residents
(including any payments of cash or shares made to you by the Company) if the balances in such accounts together with the value of such instruments as of December 31, or the volume of transactions with
non-Spanish residents during the prior or current year, exceeds €1,000,000. Generally, you will only be required to report on an annual basis (by January 20 of each year). Note that if the value is
less than €1,000,000, there is only an obligation to declare this information to the Bank of Spain upon request from the Bank of Spain, in which case the deadline is two months since the request is received. 

  
 Page 24 of 26 

 When receiving foreign currency payments derived from the ownership of Ordinary Shares (i.e.,
dividends or sale proceeds), you must inform the financial institution receiving the payment of the basis upon which such payment is made. Should amounts exceed €12,500, you will need to provide the following information to the Spanish
Registered Entity: (i) your name, address, and fiscal identification number; (ii) the name and corporate domicile of the Company; (iii) the amount of the payment and the currency used; (iv) the country of origin; (v) the
reasons for the payment; and (vi) further information that may be required. Exceptions to this rule are when you move funds through a Spanish resident bank account opened abroad, or when collections and payments are carried out in cash. These
exceptions, however, are subject to their own reporting requirements. 
 Tax Information. If you hold assets or rights outside of Spain (including
shares acquired under the Plan), you may have to file an informational tax report, Form 720, with the tax authorities declaring such ownership by March 31st of the following year.
Generally, this reporting obligation is based on the value of those rights and assets as of December 31 and has a threshold of €50,000 per type group of asset (one type of group being Securities, rights, insurance policies and income
located abroad). Please note that reporting requirements are based on what you have previously disclosed and the increase in value of such and the total value of certain groups of foreign assets. Also, the thresholds for annual filing requirements
may change each year. Therefore, you should consult your personal advisor regarding whether you will be required to file an informational tax report for asset and rights that you hold abroad. 

Sweden 
 Terms and Conditions

 The following shall apply in addition to what is set out under section 2.14 of the Award Agreement: 

Forfeiture of entitlements under the Plan in case of termination shall apply in case of termination of employment regardless of whether such termination of
employment may be justified under Swedish employment protection legislation, and regardless of whether such termination may be challenged by you, and regardless of whether such termination is invalidated by verdict or a court order. 

Switzerland 
 Notifications

 The PSUs and the issuance of any Ordinary Shares thereunder is not intended to be publicly offered in or from Switzerland. Neither this Award
Agreement nor any other materials relating to the Award (1) constitute a prospectus as such term is understood pursuant to article 652a of the Swiss Code of Obligations, (2) may be publicly distributed nor otherwise made publicly
available in Switzerland, or (3) have been or will be filed with, approved or supervised by any Swiss regulatory authority (in particular, the Swiss Financial Market Supervisory Authority (FINMA)). 

  
 Page 25 of 26 

 Turkey 

Notifications 
 Securitities Law
Informations. Under Turkish law, you are not permitted to sell Ordinary Shares acquired under the Plan in Turkey. The Ordinary Shares are currently traded on the Nasdaq Global Select Market, which is located outside of Turkey, under the ticker
symbol “PRGO” and the Ordinary Shares may be sold through this exchange. 
 Ukraine 

Notifications 
 Exchange Control Information.
Exchange control rules change frequently and you should consult your personal advisor to determine whether you are required to obtain a license for obtaining shares of a foreign company from the National Bank of Ukraine (NBU). 

Terms and Conditions 
 The Award will be outside
the scope of your employment or service contract (if any) and as such will not constitute a part of your compensation package under the respective employment or service contract. 

United Kingdom 
 Terms and Conditions

 Income Tax and National Insurance Contribution Withholding. The following provision supplements the terms in the Agreement: 

If payment or withholding of the income tax due in connection with the PSUs is not made within ninety (90) days of the end of the U.K. tax year in which
the event giving rise to the income tax liability or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 occurred (the “Due Date”), the amount of any uncollected income tax
shall constitute a loan owed by you to your employer, effective as of the Due Date. You agree that the loan will bear interest at the then-current official rate of Her Majesty’s Revenue & Customs (“HMRC”), it shall be
immediately due and repayable, and the Company or your employer may recover it at any time thereafter by any of the means referred to in Section 2.7 of the Agreement. 

Notwithstanding the foregoing, if you are a director or executive officer of the Company (within the meaning of Section 13(k) of the U.S. Securities and
Exchange Act of 1934, as amended), you will not be eligible for a loan from the Company or your employer to cover the income tax liability. In the event that you are a director or executive officer and the income tax is not collected from or paid by
the Due Date, the amount of any uncollected income tax will constitute a benefit to you on which additional income tax and national insurance contributions (“NICs”) will be payable. You will be responsible for reporting any income tax for
reimbursing the Company or your employer the value of any employee NICs due on this additional benefit. 

*    *    *    *    * 

  
 Page 26 of 26EX-4.1

 Exhibit 4.1 

GUARANTEE 
 Warner Music
Group Corp. (the “Guarantor”) hereby unconditionally guarantees WMG Acquisition Corp.’s 3.625% Senior Secured Notes due 2026 (the “Notes”) issued pursuant to the Indenture, dated as of November 1, 2012
(the “Base Indenture”), by and among WMG Acquisition Corp., a Delaware corporation, as issuer (the “Issuer”), the guarantors party thereto (the “Guarantors”), Wells Fargo Bank, National Association,
as Trustee (the “Trustee”) and Credit Suisse AG, as Notes Authorized Agent and as Collateral Agent, as supplemented by the Eighth Supplemental Indenture, dated as of October 9, 2018 (the “Eighth Supplemental
Indenture”), by and among the Issuer, the Guarantors and the Trustee, and the Ninth Supplemental Indenture, dated as of April 30, 2019 (the “Ninth Supplemental Indenture”), by and among the Issuer, the Guarantors and
the Trustee. The Base Indenture, as supplemented by the Eighth Supplemental Indenture and the Ninth Supplemental Indenture is referred to herein as the “Indenture”.  

The obligations of the Guarantor pursuant to this Guarantee and the Indenture are expressly set forth in Article Ten of the Base Indenture,
and reference is hereby made to the Indenture for the precise terms and limitations of this Guarantee. 
 Capitalized terms used but not
defined herein shall have the meanings set forth in the Indenture. 
 [Signature Page Follows] 

 IN WITNESS WHEREOF, Warner Music Group Corp. has caused this Guarantee to be signed by a
duly authorized officer. 
 DATED: April 30, 2019 

 

			
	WARNER MUSIC GROUP CORP.
		
	By:	 	/s/ Paul Robinson
	Name:	 	Paul Robinson
	Title:	 	Executive Vice President, General
		 	Counsel & Secretary

 [Signature Page to the Warner Music Group Corp. Guarantee]

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