Law Offices of Howard G. Smith announces an investigation on behalf of Danone S.A. (“Danone” or the “Company”) (OTC: DANOY) investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN DANONE S.A. (DANOY), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Happened?

On January 21, 2026, Reuters reported Danone was “recalling and blocking batches of infant milk formula after a contamination scare.” Specifically, cereulide, a potent cytotoxin, had been detected in Danone's Thai-origin Dumex Dulac 1.

On this news, Danone’s stock price fell $1.37, or 7.95%, to close at $15.87 per share on January 21, 2026, thereby injuring investors.

Then, on January 23, 2026, Danone issued a press release stating “to comply with the latest guidance” it is recalling selected batches of its infant formula.

On this news, Danone’s stock price fell $0.43, or 2.7%, to close at $15.55 per share on January 23, 2026, thereby injuring investors further.

Contact Us To Participate or Learn More:

If you purchased Danone securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith,

3070 Bristol Pike, Suite 112,

Bensalem, Pennsylvania 19020,

Telephone: (215) 638-4847

Email: howardsmith@howardsmithlaw.com,

Visit our website at: www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260129498957/en/