Letter Agreement between the Company and Raymond Silcock, dated March 17, 2019

A sign on bonus in the gross amount of $500,000. If you voluntarily leave employment with Perrigo for any reason within the first 12 months of employment, you will be responsible to repay 66% of your sign on bonus. If you voluntarily leave employment with Perrigo for any reason within months 13-24 of employment, you will be responsible to repay 50% of your sign on bonus.

Participation in Perrigo’s Annual Incentive Plan (AIP) plan. The AIP is a cash bonus plan. Your target annual payout for the bonus is 80% of base salary. Bonus payouts take place following the end of the calendar year, with payout occurring in mid-February. Your first payout in February/March of 2020 will be pro-rated based upon your start date. The Corporate AIP program is funded based on company performance consistent with the other executive officers including myself and is a combination of Revenues (30%) and Operating Income (50%) on our core consumer businesses; there is also an individual performance factor based on strategic objectives (20%) which you and I will set together once you arrive.

Eligibility to receive equity through Perrigo’s discretionary Long-Term Incentive (LTI) Plan. Perrigo grants equity using a combination of Performance-based Restricted Stock Units (PSUs) and Service-based Restricted Stock Units (RSUs). You will receive your initial discretionary LTI award in full for 2019 shortly after you join and which is described in the next paragraph. LTI awards are generally made following the start of the calendar/fiscal year in February or March. Your 2020 and subsequent annual targeted equity award will be $2,000,000. This grant will consist of 50% OI (Operating Income)-PSUs, 20% rTSR (relative Total Shareholder Return)-PSUs, and 30% ratable Service-based RSUs. Receipt of the Equity Award is subject to the terms outlined in your Equity Award grant agreement and Perrigo’s 2013 Long-Term Incentive Plan (and any amendments, modifications or successor documents) including retirement eligibility treatment at age 65.

Your 2019 award will be an allocation of equity equal to $2,000,000 which will be granted on the 5th trading day of the month following your start date and is subject to performance objectives. This grant will have the same construct as the annual grant in terms of split between 50% OI (PSU’s), 20% rTSR (PSU’s), and 30% ratable Service based-RSU’s. Receipt of the Equity Award is subject to the terms outlined in your Equity Award grant agreement and Perrigo’s 2013 Long-Term Incentive Plan (and any amendments, modifications or successor documents) including retirement eligibility treatment at age 65.

As a member of our senior executive team, you will be eligible to participate in the Perrigo Non-Qualified Deferred Compensation (NQDC) Plan.

Eligibility for a performance and salary review on April 1^st, 2020 and annually thereafter. Your increase may be pro-rated based on your start date.

Eligibility to participate in our health and welfare benefits to include: health, dental, prescription, and life insurance, 401(k), profit sharing retirement, tuition reimbursement and paid holidays and vacation.

Eligibility to participate in the Perrigo Company Executive Committee Severance Policy, the Perrigo Company U.S. Severance Policy, and the Perrigo Company Change In Control Severance Policy for U.S. Employees pursuant to the terms and conditions of each policy, copies of each are attached.

Your eligibility to participate in the various benefit plans refrenced above is governed by the terms and conditions of each plan document, and you, as with any other executive officer, are subject to any plan design changes made by the Remuneration Committee or the Board of Directors.

Immediately begin earning and receiving vacation at a rate of 6.66 hours per pay period (annual equivalent of 160 hours or 4 weeks) and may begin using time as it is earned or carry it over in accordance with company policy.

Your primary work location will be Allegan, Michigan. You will be responsible for all associated commuting costs to and from Michigan.

We understand your desire is to maintain your residency in California and commute to Michigan on a regular basis. Please be advised, by working in the State of Michigan, Perrigo will be required to withhold certain taxes and other withholdings. We advise you to seek counsel from your personal tax advisor on how to manage your state income tax withholdings and reconcile between California and Michigan.