#1Nestle Good food, Good life CAGNY 2021 Driving Sustainable Value Creation in Zone Americas Laurent Freixe EVP, CEO Zone Americas#2Disclaimer This presentation contains forward looking statements which reflect Management's current views and estimates. The forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments. 2 February, 19 2021 CAGNY Nestle Good food, Good life#3A strong footprint in the Americas 2020 Americas1 CHF 37.7 bn Zone AMS ³ Where² CHF 34.0 bn Latin America 26% 87% of sales in #1 position 2) 3) 123 1) Zone AMS, Nestlé Health Science and Nespresso Zone AMS, Nestlé Health Science Zone AMS 3 February, 19 2021 CAGNY North America 74% What2 Milk products Petcare & ice cream Prepared dishes & cooking aids 26% 15% 15% Resources³: 90 510 employees 142 factories Beverages (incl. coffee) Nutrition & Health Science Water 96 distribution centers Resilient supply chain: >80% sourced locally Local for local manufacturing 14% 13% 12% Nestle Good food, Good life#4Built upon power brands > CHF 1.5 bn Nestle Coffee mate > CHF 1 bn 4 February, 19 2021 CAGNY NESCAFE XPURINA Friskies Ⓡ PURINA PURINA® Fancy DOG CHOW Since 1926 Feast PURINA ONE Stouffer's Nestle NIDO Gerber. NESPRESSO Nestle Good food, Good life#5Accelerating momentum... Organic growth 0.7% 2.1% 3.4% Structural costs Underlying TOP Margin 4.8% 2017-2020 2017 2018 2019 2020 Note: Full scope managed by Zone Americas, incl. Waters 5 February, 19 2021 CAGNY 2017-2020 +80 bps -220 bps Nestle Good food, Good life#6... transforming for the long term... IN CHF 3.2 bn Portfolio Merrick NATURE'S HEART. PACIFIC GROVE SWEET EARTH ENLIGHTENED FOODS CHAMELEON COLD-BREW OUT CHF 2.9 bn USA freshly Nestle Buitoni nation PIZZA AND FOODS.. PURINA Waggin' Train IN and OUT Impact: 25% of Zone AMS NNS, 40% of US NNS Maggi Noodles Brazil Investments in factories Distribution PetCare / Coffee / Frozen foods U.S. frozen transformation (DSD to warehouse delivery) Digital transformation Sustainability 6 February, 19 2021 CAGNY End-to-end and e-commerce acceleration From farm to fork ICE CREAM Nestle Gerber Life Insurance Additional CHF 3.2 bn Nestle NINHO UHT Brazil Nestle USA & Canada Nestle Good food, Good life#7... while managing Covid-19 crisis Protecting our people 7 February, 19 2021 CAGNY Ensuring business continuity Supporting communities Fitness Fitness thess Fitness Fitnes Fitness Fit Vitalisima Vitalisime lisin HAM THANK YOU for your service Nestle Good food, Good life#8Sustainability at the core of our strategic framework OUR VISION To be the leading, most respected and trusted Food, Beverage and NHW company in the Americas. 1 Achieving Efficiencies Sustainability OUR PURPOSE We unlock the power of food to enhance quality of life for everyone, today and for generations to come. OUR MODEL The Strategic Virtuous Circle: more relevant than ever. 8 February, 19 2021 CAGNY 4 Delivering Profitable Growth Economic People and Teams Environmental 3 Driving Market Share Gains Social 2 Focusing Investments on Growth Platforms Nestle Good food, Good life#9$ Future (2021 - 2025) Efficiencies in operations Driving efficiencies as a fuel for growth Organizational agility & new capabilities Past (2016-2020) New head offices in US and Brazil • Organization redesign of PetCare North America • Media consolidation in Latin America, including programmatic ⚫ Flawless integration of Starbucks & divestment of US confectionery and ice cream • Exiting company-owned Frozen DSD in the US . Relentless • focus on cost • Continuous focus on digital transformation 9 February, 19 2021 CAGNY • From >15 IT organizations to 2 Shared service centers ⚫ Standardization of specifications for raw and packaging materials • Digital transformation • Adjusting businesses most affected by Covid-19 → Out-of-home Standardization of specifications for raw and packaging materials . Digital transformation Connected factory • Connected supply chain • Consumer data architecture • Strategic revenue management • Intelligent enterprise Zone Americas is the largest contributor to structural cost reduction of the Group Nestle Good food, Good life#10Investing in growth Brands & innovation Manufacturing Nutrition Plant- based Local origins Ready-to- drink Open innovation Hartwell, Georgia (2019) Veracruz, Mexico (2020) Nestlé PURINA programs Crow Mighty complete 2 NON-DAIRY fits NESCAFE ALMONDMILK & OATMILK Dolce Gusto CARAMEL HACCHIATO 目 PERU ESPASS 200ml Jonesboro, Arkansas (2020) Nose NINHO Fort+ Open Channel PURINA NESCAFÉ HOT POCKETS ORIGEM VESETAL Technology / Data e-commerce PURINA PROPLAN FOCUS 10% of sales amazon Carita Lin Mas Vedd A Promociones Acciones de Amazon México Direct-to-consumer/ first party data acquisition JUST* RIGHT PETFOOD.COM Organic MESTLE PROFESO C Nestle PROFESSIONAL eco CULINARIOS REPOSTERIA BEBIDAS AGUA 10 February, 19 2021 CAGNY Eden, N. Carolina (2022) Batavia, Ohio (2023) PURINA PURINA Capex from ~4% of sales in 2018 to 6% in 2021/22 Sustainability Responsible sourcing Sustainable packaging re-pensar Este lata é feito com sanbegin? material reciclado realize Nestle NINHO Forti LETE EM POINT 2 Carbon emissions NET ZERO By 2050 Caring for water CO ALLIANCE FOR WATER STEWARDSHIP freshly Recetas Nestle GROWN RESPECTFULLY NESCAFE 1938 Nestle Good food, Good life#11Sustainability driven from farm to fork and beyond 1 Sustainable operations Regenerative agriculture 2 Efficiencies 3 Infrastructure investments 4 Consumer engagement 5 Renewable energy le duciendo MENOS PLÁSTICO, nuestro envase MISMO CONTENIDO NESCAFE. dolca C CLOSED LOOP partners Innovation & business models re Stouffer's NEW! & PLANT SWEAT BASED PROTEIN AWESOMED MEATLESS LASAGNA NATURE'S HEART. ALMOND Reduced water usage cero agua 125, CAPPUCCINO 7*.energy™ SOLAR EVOLVED Fundacion Avina Beyond the cup NESCAFÉ PLAN Nestle Cocoa Plan™ Loop Algramo Strategic for our brands - source of competitive advantage & value creation 11 February, 19 2021 CAGNY Nestle Good food, Good life#122. Reducing our packaging: Fit for Purpose re. ducimos nuestros empaques Magg Sopa Pollo con fideos Maggi SOPA CRIOLLA GALLINA CON FIDEOS Maggl Sopa Pollo con fideos MENOS PLÁSTICO MISMO CONTENIDO re-ducimos nuestro envase un 7% para usar menos plástico y así generar menos residuos. Pequeños cambios hacen la diferencia. Separe este residuo. CHOM BANS DE TE Disfrutalo comomás te guste! ESTAMOS BMPOPERANDO A NESCAFÉ PLAN LOS PRODUCTURES CADA ARO NESCAFE DE CAREY LAS COMUNDS CAPACITA Y ASISTE A MÁS DE 100.000 ACRES ALEGEDOR DEL MUNDO. INFORMACIÓN Pep 125chas Perde te pods priprate 125 po DESCUBRIMS IN SCARL.COM ES BUENO SABE PILO DOLCA Capp le-duciendo MENOS PLÁSTICO, nuestro envase MISMO CONTENIDO NESCAFE. dolca 1259 CAPPUCCINO 12 February, 19 2021 CAGNY From 2019 to 2021 12 Nestle Adown Gap 14 SUMIDOR san f Flr 17 ini 887-C1006AB0-Buenos Aires-Argentina-R.N.E en el envase Una vez abierto ingerir preferentemente do con utemilion Inpios y secos. Conservar en lugar a pola Azicar, Jarabe de Glucoes, Acele de coca Ca Arcematizantes, Regulador de acidez ONS 340), (Lecitina de said, Secuestrarte (KS 452 YDERNADOS DE SOJA OTROS NUTRITIONAL COMPASS CHF 100 m savings Reduction of ~ 30K tons of packaging Nestle Good food, Good life#133 Supporting infrastructure and circular economy Recycling infrastructure Nestlé invests USD 30 m in Closed Loop Leadership Fund C CLOSED LOOP partners Point of sales collection point Nestle Walmart México y Centroamérica centro de reciclaje RECICLA MANIA EVOLUCIONA Renewable energy infrastructures 7x.energy™ DECOR 1000 SOLAR EVOLVED Nestlé invests to expand renewable energy availability Circular economy Fundación Avina Latitud Reciclaje inclusivo hacia una economía circular Main platform in Latin America and Caribbean driving circular economy via inclusive recycling 13 February, 19 2021 CAGNY JUNTOS FOR PLANETA ME astle Walmart: Cooe PLANE A Nestle Good food, Good life#144 Driving consumer engagement Building carbon neutral brands perrier By 2022 NESPRESSO Communicating responsibly sourced ingredients re Driving behavior Vamos a re.pensar nuestras actitudes Construye tu Ecoladrillo S.PELLEGRINO NESCAFÉ CLASICO TRIBUTO A ELEZER ALBORES Beyond the cup NESCAFÉ PLAN Fitnes Eyes Cubertio desechables By 2025 Gerber. PACIFIC GROVE CALIFORNIA SWEET EARTH ENLIGHTENED FOODS™ NATURE'S HEART. 14 February, 19 2021 CAGNY 50 Nestle 100% sustainab Sourced cocoa Cacao approvision 100% durable Nestle Cocoa Plan™ BOTH 45 g 100% responsibly sourced coffee and cocoa by 2025 Pum de poantas Dale una nueva vida Ver vide Envolture de goles y chocolates WAT re NINHO NOVO TERRACYCLE NINHOⓇ Recicla Ajude nosso planeta e também quem precisa reciclando seus sachês NINHO® Nestle Good food, Good life#155 Driving product innovation and new business models Expanding plant-based offerings Core brands Stouffer's NEW! PLANT SWEETEARTH BASED AWESOME PROTEIN GROUNDS MEATLESS LASAGNA with Sweet Earth Awesome winds plant-based protein, herb seatong tauce and part-skim mot Nesta Nesquik GO Plant! PER PACKAGE 3334 CONTENT COOK THOROUGHLY NET WT 1012 02 (297 26 POSTLEN SWEET EARTH JAWESOME BACON BURGER PLANT-BASED BACON? DENEVOLENCE PROTEIN 2 QUARTER POUNDERS 15 February, 19 2021 CAGNY Coepa powder for plant based milk Born pure brands Co WITH FIRIND & Mixers Driving new business models Nestle Carnation CROMOSO Base vegetal Minority investment Loop ORIGEN AVENA SARICAR Doel Nd Häagen-Dazs Häagen-Dazs Häagen-Dazs NATURE'S HEART. ALMOND Made with real almonds NATURE'S HEART. CASHEW NUEZ DE LA INDIA /CAJU/MARANON NATUCAR RAD ups Loop 5460 Algramo DOG CHOV Algramo New Route to Market Nestle Good food, Good life#16• Zone Americas key takeaways Strong footprint across the Americas • Americas as a key contributor to Nestlé's profitable growth journey • Accelerating and transforming the business for the long-term ● • Supporting investment in growth through efficiencies and digital transformation Sustainability core to our strategic framework and value creation model 16 February, 19 2021 CAGNY Nestle Good food, Good life