#1Nestle Good food, Good life 2022 Investor call CAFÉ Three-month sales NESCAFE#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 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#3Nestle Good food, Good life 2022 Garden Gourmet PRODUITS RECETTES À PROPOS DE GARDEN GOURMET RESTAURANT FINDER NOUVEAUTÉS COOK VEGGIE AT HOME Faire défiler pour explorer DIFFICULTE TEMPS DE PREPARATION REPAS STYLE DEVE PRODUITS tes ondes INTERMEDIAIRE BURRITO BOWL AVEC FILETS VÉGANES FACLE INTERMÉDIAIRE PATES MÉDITERRANÉENNES À LA NORMA VEGGIE BOWL Three-month sales Mark Schneider, CEO#4Key messages ● • Strong organic sales growth of 7.6% Increased pricing and resilient RIG - Broad-based growth and market share gains across most geographies and categories - Continued momentum in retail sales, with a further recovery in out-of-home channels Supporting humanitarian relief in Ukraine and providing assistance to refugees Acquired majority stake in Orgain, a leader in plant-based nutrition Full-year 2022 guidance confirmed 4 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#52022 guidance confirmed • Organic sales growth around 5% Underlying trading operating profit margin between 17.0% and 17.5% • Underlying earnings per share in constant currency and capital efficiency expected to increase 5 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#6Nestle Good food, Good life 2022 Three-month sales François-Xavier Roger, CFO NEW Revolutionary Discovery Scoperta Rivoluzionaria Revolutionäre Entdeckung PURINA PRO PLAN® LIVECLEAR Reduces allergens on cat hair Fiduce gli allergeni su pelo del gatto Reduziert Allergene auf Katzenhaaren STERILISED ADULT YEARS CHINO 1+ TRUTHAHN#7Three-month sales growth OG +7.6% +2.4% 21.1 3M-2021 sales CHF bn RIG -1.3% -0.8% +5.2% 22.2 Reported sales growth +5.4% Pricing Net M&A Foreign exchange RIG, pricing and organic growth figures exclude the Russia region, with a corresponding impact on the M&A and foreign exchange lines 7 April 21, 2022 Nestlé three-month sales 2022 3M-2022 sales CHF bn Nestle Good food, Good life#8Strong growth across developed and emerging markets Developed Emerging Sales (in CHF) % of Group sales 12.7 bn 9.5 bn 57% 43% RIG 1.5% 3.8% Pricing 5.3% 5.0% OG 6.7% 8.8% 8 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#9Strong momentum in retail and further recovery in out-of-home Organic sales growth % Retail Out-of-home* Q1-2021 Q2-2021 Q3-2021 Q4-2021 Q1-2022 9.2% Q1-2021 Q2-2021 Q3-2021 84.1% Q4-2021 Q1-2022 5.8% 5.4% 5.3% 5.9% [iiii] -11.6% * Includes Nestlé Professional, foodservice activities of Nespresso, Starbucks products and water, travel retail and Blue Bottle 9 April 21, 2022 Nestlé three-month sales 2022 35.6% 29.4% 25.7% Nestle Good food, Good life#10Increased pricing reflects significant cost inflation 2.1% 1.2% 1.3% 3.1% 5.2% Q1-2021 Q2-2021 Q3-2021 Q4-2021 Q1-2022 10 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#112-year average real internal growth (RIG)* 5.6% Q1-20/21 4.6% 3.9% 4.4% 3.5% Q2-20/21 Q3-20/21 Q4-20/21 Q1-21/22 * 2-year average used to adjust for COVID-19-related volatility 11 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#12Zone North America Sales Real internal growth Pricing Organic growth CHF 5.8 bn 1.4% 8.5% 9.9% SWEET CREAM NATURAL FLAVOR • Strong organic growth, supported by increased pricing • Sustained e-commerce momentum, further recovery in out-of-home and broad-based market share gains • Growth led by Purina PetCare, Nestlé Professional, coffee and creamers Coffee mate natural bliss ALL-NATURAL creamer REAL MILK & CREAM NO ARTIFICIAL COLORS OR FLAVORS 12 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#13Zone Europe Sales Real internal growth Pricing Organic growth CHF 4.6 bn 2.8% 4.1% 6.9% Garden Gourmet VEGGIE GROENTE BALLETJES BOULETTES AUX LEGUMES WORTEL/CAROTTE DOPERATEN/POIS & MAS Strong organic growth supported by increased pricing and solid RIG • Sustained e-commerce momentum and further recovery in out-of-home channels Nestlé Professional, Purina PetCare and infant nutrition were the main contributors to growth HICH IN PROTEIN SOURCE OF FIBER 13 April 21, 2022 Nestlé three-month sales 2022 NUTRI-SCORE DE Nestle Good food, Good life#14Zone Asia, Oceania and Africa • Sales Real internal growth Pricing Organic growth CHF 4.6 bn 1.7% 4.3% 6.0% Solid organic growth, with increased pricing across most geographies and positive RIG Growth led by South Asia and Sub-Saharan Africa • Culinary, coffee and Nestlé Professional were the key growth contributors, with market share gains in most categories 14 April 21, 2022 Nestlé three-month sales 2022 MIL FORME MILO MILO Nestle Good food, Good life#15Zone Latin America Sales Real internal growth Pricing CHF 2.7 bn 4.7% 7.7% 12.5% • Organic growth Continued double-digit organic growth, with increased pricing and strong RIG • Broad-based growth across most geographies, with strong execution and continued e-commerce momentum • Growth was led by confectionery, Purina PetCare and coffee CAPE ESPECIAL BAR WELARES TERRAS ABL NESCAFE ORIGENS & Brasil CHAPADA DIAMANTINA SUAVE 15 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#16Zone Greater China Sales Real internal growth Pricing Organic growth • CHF 1.4 bn 3.8% -0.5% 3.4% Low single-digit organic growth, driven by RIG • Growth supported by innovation, with market share gains in culinary, ready-to-drink coffee and confectionery • Strong sales developments in most categories were partly offset by a sales decline in infant nutrition . 太太乐 原味鲜 蒸鱼豉油 酿造酱油 |0添加® | 3重鲜 净含量:450毫升 所有成分来自熱食 专利技术 083 主 16 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#17Nespresso Sales CHF 1.6 bn Real internal growth 0.2% Pricing 3.1% Organic growth 3.3% • Solid organic growth, following strong double-digit growth in the first quarter of 2021 • Growth supported by continued momentum for the . Vertuo system and a recovery in out-of-home channels • North America saw double-digit growth with share gains. Europe reported a sales decrease. Sales in Other regions grew at a double-digit rate NESPRESSO 17 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#18Nestlé Health Science Sales Real internal growth Pricing Organic growth CHF 1.4 bn 4.3% 1.3% 5.6% • . Robust organic growth, building on two consecutive years of double-digit growth • Low single-digit growth in consumer care, with a strong · contribution from healthy-aging products Double-digit growth in medical nutrition, led by pediatric products VITAL PROTEINS COLLAGEN TEA -SUPPLEMENT Honey Chanomi Dietary Supplement NET WT IS OZORE 18 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#19Broad-based growth across categories Organic sales growth % 13.6% 7.6% 7.3% 4.5% 4.2% 2.9% Total Group Powdered and Liquid Beverages PetCare Nutrition and Health Science Prepared dishes and cooking aids 19 April 21, 2022 Nestlé three-month sales 2022 Milk products and Ice cream 10.5% 21.3% Confectionery Water Nestle Good food, Good life#20Nestle Good food, Good life S.PELLEGRINO ESSENZA DELICIOUS COCOA & COFFEE FLAVORS GENTLY CAFFEINATED FLAVORED MINERAL WATER WITH OTHER NATURAL FLAVORS, CAFFEINE AND NATURAL CO, ADDED ZERO CALORIES SWEETENERS 11.15 FL OZ (330 ml) 2022 Three-month sales Q&A#21Supporting slides 21 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#223M-2022 Operating segments – topline summary - 3M-2022 sales Sales RIG Pricing OG Net M&A F/X Reported sales growth (CHF m) % % % % % % Zone North America 5 800 1.4 8.5 9.9 -13.6 2.2 -1.5 Zone Europe 4 633 2.8 4.1 6.9 0.6 -5.4 2.2 Zone AOA 4 633 1.7 4.3 6.0 -0.1 -2.8 3.0 Zone Latin America 2 697 4.7 7.7 12.5 0.1 1.8 14.4 Zone GC 1 361 3.8 -0.5 3.4 0.0 4.2 7.6 Nespresso 1 602 0.2 3.1 3.3 0.6 -2.0 2.0 Nestlé Health Science 1 449 4.3 1.3 5.6 50.1 0.2 55.8 Other Businesses 63 30.7 3.6 34.3 0.0 -0.6 33.6 Total Group 22 238 2.4 5.2 7.6 -1.3 -0.8 5.4 22 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#233M-2022 Products - topline summary 3M-2022 sales Sales RIG Pricing OG (CHF m) % % % Powdered and liquid beverages Water 6 063 2.4 4.9 7.3 790 14.1 7.2 21.3 Milk products and Ice cream 2 709 -1.4 5.6 4.2 Nutrition and Health Science 3596 2.5 2.0 4.5 Prepared dishes and cooking aids 3 098 -3.5 6.4 2.9 Confectionery 1 873 7.5 3.0 10.5 Petcare 4 109 5.8 7.7 13.6 Total group 23 April 21, 2022 Nestlé three-month sales 2022 22 238 2.4 5.2 7.6 Nestle Good food, Good life#243M-2022 historical eight quarters Period RIG Pricing OG % % % Q2-2020 0.5 0.8 1.3 Q3-2020 4.8 0.1 4.9 Q4-2020 3.0 0.9 3.9 Q1-2021 6.4 1.2 7.7 Q2-2021 7.3 1.3 8.6 Q3-2021 4.4 2.1 6.5 Q4-2021 4.0 3.1 7.2 Q1-2022 2.4 5.2 7.6 24 24 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#253M-2022 currency overview Weighted average rate 3M-2021 3M-2022 Variation in % US Dollar 1 USD 0.906 0.924 2.0 Euro 1 EUR 1.091 1.036 -5.0 Chinese Yuan Renminbi 100 CNY 13.922 14.538 4.4 Brazilian Real 100 BRL 16.546 17.780 7.5 Philippine Peso 100 PHP 1.873 1.792 -4.3 UK Pound Sterling 1 GBP 1.249 1.239 -0.8 Mexican Peso 100 MXN 4.447 4.501 1.2 Canadian Dollar 1 CAD 0.715 0.730 2.0 Japanese Yen 100 JPY 0.854 0.794 -7.0 Australian Dollar 1 AUD 0.700 0.669 -4.3 Russian Ruble 100 RUB 1.218 1.066 -12.5 25 April 21, 2022 Nestlé three-month sales 2022 Nestle Good food, Good life#26Abbreviations 26 . OG RIG AOA April 21, 2022 Organic growth Real internal growth Asia, Oceania, and Africal Nestlé three-month sales 2022 Nestle Good food, Good life