#1Unilever PRESTIGE Investor Deep-Dive 6th June 2022#2Pevno Unilever PRESTIGE Safe harbour statement This presentation may contain forward-looking statements, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995. Words such as 'will', 'aim', 'expects', 'anticipates', 'intends', 'looks', 'believes', 'vision', or the negative of these terms and other similar expressions of future performance or results, and their negatives, are intended to identify such forward-looking statements. Forward-looking statements also include, but are not limited to, statements and information regarding the Unilever Group's (the 'Group') emissions reduction targets and other climate change related matters (including actions, potential impacts and risks associated therewith). These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Group. They are not historical facts, nor are they guarantees of future performance or outcomes. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. Among other risks and uncertainties, the material or principal factors which could cause actual results to differ materially are: Unilever's global brands not meeting consumer preferences; Unilever's ability to innovate and remain competitive; Unilever's investment choices in its portfolio management; the effect of climate change on Unilever's business; Unilever's ability to find sustainable solutions to its plastic packaging; significant changes or deterioration in customer relationships; the recruitment and retention of talented employees; disruptions in our supply chain and distribution; increases or volatility in the cost of raw materials and commodities; the production of safe and high quality products; secure and reliable IT infrastructure; execution of acquisitions, divestitures and business transformation projects; economic, social and political risks and natural disasters; financial risks; failure to meet high and ethical standards; and managing regulatory, tax and legal matters. A number of these risks have increased as a result of the current Covid-19 pandemic. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Further details of potential risks and uncertainties affecting the Group are described in the Group's filings with the London Stock Exchange, Euronext Amsterdam and the US Securities and Exchange Commission, including in the Unilever Annual Report and Accounts 2021.#3Fernando Fernandez President of Unilever Beauty & Wellbeing U Unilever PRESTIGE#4Agenda Unilever Prestige: An Introduction to Prestige Unilever Prestige: Model & Vision U Unilever PRESTIGE#5Pasto Unilever PRESTIGE Unilever's new organisational structure Hair Care Beauty & Wellbeing Skin Care Business Groups Personal Care Prestige Home Care Vitamins, Minerals & Supplements Nutrition Ice Cream#6Vasiliki Petrou CEO Unilever Prestige U Unilever PRESTIGE#7Aovee Unilever PRESTIGE Vasiliki Petrou WWD CEO SUMMIT BEAUTY UNFILTERED THE GLOSSY BEAUTY PODCAST ● ● CEO of Unilever Prestige Founding member of Prestige division Extensive Beauty industry experience ● Winner of CEW UK Achievers Award, 2015 Winner of CEW US Achievers Award, 2018 Chair of Cosmetics Executive Women (CEW)#8Aovee Unilever PRESTIGE Unilever Prestige Note: all figures as of FY2021 To €1bn Turnover Nine Powerhouse Brands ТАТСНА HOURGLASS +11% average USG 2019-21 Living proof. Kate Somerville Skin Health Experts Murad. GARANCIA - PARIS >50% Sales online dermalogica PAULA'S CHOICE SKINCARE REN Ⓡ CLEAN SKINCARE#9Pesto Unilever PRESTIGE Portfolio playing in key strategic spaces of the future REN CLEAN SKINCARE REN 2015 REN Kate Somerville *Arectur TOTAL REPAIR Kate Somerville Skin Health Experts dermalogica Living proof. GARANCIA n°1 des soins professionnels dans le monde -PARIS Kate LIFTING 2015 FAGIAA Kate Somervil PAILLEUTE dermalogica 2015 2015 Living proof" revitalizing Murad 2017 GARANCIA Murad. HOURGLASS 2017 SULFUREUSE MARABOUT GARANCIA FILIUR 2019 ARANCIA La PERLE MARABOUT PAULA'S CHOICE TATOUA SKINCARE 2019 EXFO 20 AT ТАТСНА. PAUL CHO 2021 O X 776 B Liquid Exfolier#10Aovee Unilever PRESTIGE Clinical Dermacosmetics DERMALOGICA #1 Professional skincare brand MURAD Murad. ENVIRONMENTAL SHIELD" Vita-C Glycolic Brightening Serum Serum éclaircissant l'acide glycolique Vita C Murad. RESURGENCE Retinol Youth Renewal Serum Sérum rajeunissant au retino! #1 Retinol Brand in US 008 01 00 KATE SOMERVILLE Kate Somerville. Exfolikate. Traitement Exfoliant (60mL 2 FL. Oz Loved by A-list Celebrities & Influencers Sources: Dermalogica: Skincare Spas, Salons, & Institutes, Kline Report US & Europe. Murad: Jan-Sept 21 NPD US Prestige Skincare#11Aovee Unilever PRESTIGE Clean and Clinical PAULA'S CHOICE a-Rich pisturizer WITH COCONUT OIL +She BUTTER Dry. Very Dry CLINIC LOCKS IN MOISTURE OR 12 HOURS FOR RELIEVES EXTREMELY DRY, TIGHT SKIN 60 ml / 2 fl. oz. TARGETS All Skin Types PH + VITA 2011 % PAULA PAULA'S CHOICE Niacinamide 20% Treatment WITH ACETYL PURSLANE All Skin Types DRAMATICALLY THE LOOK FOR & REINFORCES LAS 20 ml / 0.67 1.02 CLINICAL CERAMIDE-EN FIRMING MOIST All Skin Types with CollagenSupport Con 30 ml/1 fl. oz. PAU REVEALS SAGE FIRM VITA Reinforces elasticity younger-looking skin sup Tre PTIDES 50 ml/1.7 8. oz. CLINICAL SH DTC first, fast growth powerhouse CHO REN REN CLEAN SKINCARE EVERCALAY NE REDNESS KELRY SCRUM APU QUCETAS 30me/102 flo Zero Waste. 1st to launch infinitely recyclable samples GARANCIA GARANCIA AQUA ROUGEURS Opora #1 Fastest growing brand in French pharmacies Sources: Ren: 1st to launch mini aluminium sample tubes with break off nozzle and 100% recycled alu (95% PCR alu). Glass jar samples have been launched by others Garancia: FY 2021 Premium Skincare Pharmacy IQVIA, sell-out#12Unilever PRESTIGE High Performance Categories HOURGLASS Leading Luxury Cruelty Free Brand Source: Living Proof: NPD US Prestige FY 2021 TATCHA TATCHA THE WATER CREAM Leading brand in Sephora www.com V purpes LIVING PROOF Living proof defining Living proof. Hongator SARL 0265 lovelly paced Sw pa th www. CHRIS Living prot Living proof definer ரணில் for d ANTALEO 12A, SUS 20 Living proof shampoo carls Living proof exhauner POSRE for TOR... CHEFLONS Pas #1 Prestige Dry Shampoo in US s th L condit forwa Living proof. defining gel#13Aovee Unilever PRESTIGE The Premium Beauty Market: Categories Market (€bn) Market +6% Growth '21-'26 CAGR 261 +8% '21-'26 CAGR 128 Mass Beauty Premium Beauty Source: Euromonitor Market Sales (2021-2026) Premium Beauty Market Premium Hair Care 10% +7% '21-'26 CAGR Premium Colour Cosmetics 18% +9% '21-'26 CAGR Other 6% Premium Fragrances 24% +8% Key Categories ¹21-126 CAGR Premium Skin Care 42% +9% '21-'26 CAGR Unilever Prestige Haircare Colour Cosmetics Skincare#14Aovee Unilever PRESTIGE The Premium Beauty Market: Geographies Other 46% Premium Beauty Market Japan 8% Source: Euromonitor Market Sales (2021) USA 24% Key Geographies China 22% Unilever Prestige International Markets 40% Sales by consumer market US 60%#15OPRANO Unilever PRESTIGE Strong, Consistent Growth 45% of incremental Turnover since 2017 from organic growth 2017 55% 45% Acquired Organic 2021 I 1 I 1 I 1 I I I I I I I I 1 T I I T T I 1 I I T I I I I 1 +30bps Growth contribution to Unilever FY21 +11% Average USG 2019-21 €3bn ambition#16Aovee Unilever PRESTIGE Our Winning Model 1. BRAND FIRST MODEL EXFOLIATE PAULA'S CHOICE 2% BHA Liquid Exfoliant SALICYLIC AD AT 2. SPEED, AGILITY & ADVOCACY Q Search Murad. Add comment.. RESURGENCE Targeted Winkle Conectar @edwardzo 3-5 TikTok made me try it: Instant wrinkle corrector (w/ @Murad Skincare ) #skincare1... See more original sound - edwardzo 114.7K 647 3363 3. TRENDS SETTING INNOVATION RFD O 4. SOCIAL IMPACT & PURPOSE TATCHA As of April 30, 2022, your purchases have helped provide 6,478,569 DAYS OF SCHOOL NEW Q 208,148 BOOKS IN U.S. 5. TECHNOLOGY FIRST BEAUTY A virtual human beyond marketing: Meet Dermalogica's Natalia#17Unilever PRESTIGE 1. Brand First Model ● AF Brand-centric approach Brands stay 100% at the heart Founders remain at the soul ● ALL NEW THIRD EDITION 40 BEAUTY MYTHS BUSTED What Really Works for Clear, Younger-Looking Skin Paula Begonn & PAULA'S CHOICE RESEARCH & EDUCATION TEAM Leaders in Education Dermalogica: #1 Professional Skincare Brand Paula's Choice: brand rooted in science & education REN CLEAN SKINCARE Kate Somerville Skin Heath Experts HOURGLASS ● TATCHA Unilever PRESTIGE PAULA'S CHOICE SKINCARE dermalogica GARANCIA -PARIS Murad. Living proof. Pioneering Decentralised Model Disruptive & future-fit organisational model#18Aovee Unilever PRESTIGE 2. Speed, Agility & Advocacy VOGUE Tatcha Is Here! The Lowdown On The Cult Skincare Brand That Guarantees A Glow For Every Skin Type ● ● 5 TikTok Cult Brands with Digital Communities Tatcha launch coverage in the UK highlights cult status TikTok: +300% Portfolio Growth YTD ● dermalogica Hi! You're chatting with Tamara, your Professional Skin Therapist! Fast pivot to eCommerce From 39% of revenue in 2019 to +50% in 2021 THE FUTURE OF SKIN CARE Continuous Experimentation Dermalogica debuted Virtual Reality eCommerce store in July 2021#19Pesto U Unilever PRESTIGE 3. Trend Setting Innovation ELLE FUTURE OF BEAUTY WINNER 2021 2027- GLAMOUR beauty an winners. ANTI-AGING BAZAAR 2021 AWARDS WINNER HOURGLASS HOURGLASS Red 0 Industry-first breakthrough ingredient innovation ONNI 2027 FOR AWARDS 22 WINNER WINNER 2021 NEWBEAUTY AWARD THE BEAUTY F AUTHORITY Living proof. full dry volume & texture spray instant, lasting volume & texture СЕИ BEAUTY AWARD WINNER 2021 Living Proof Dry Volume & Texture Spray 120 patents globally for Living Proof technology 25TH AN 25TH AN allure 25 ERSARY 2021 Women's Health BEAUTY AWARDS Murad. RESURGENCE Targeted Wrinkle Corrector Correcteur ciblé pour les rides FAST COMPANY WE MADE THE LIST! MOST INNOVATIVE COMPANIES 2022 Murad Targeted Wrinkle Corrector Near-perfect reviews "Filler in a bottle"#20Aovee Unilever PRESTIGE 4. Leading Social Impact & Purpose our mission to define and bring success to the professional skin care therapist through excellent education, innovative products and outstanding customer service. LEARN MORE ogica Dermalogica Education Pathway Provides skills-based training for skin therapists globally In the fight to protect our planet, we're not competitors #WeAreAllies BOSSANCEL KALE GREEN TEA SPINACH VITAMINS SUPERFOOD CLEANSER 15 YOUTH PEOPLE REN BIOSSANCE: YOUTH PEOPLE. REN CLEAN SKINCARE CAUDALIE REN #WeAreAllies Source: Tatcha: Tatcha provided 6,478,569 days of school as of 30th April 2022 ******* CLOUD JELLY CAUDALIE HERBIVORE First of its kind partnership bringing 5 brands together to reduce packaging waste * TATC THE WATER CREAM BEAUTIFUL FUTURES LIMITED EDITION EDITION LIMITEE AVENIRS RADIEUX TATCH A. THE WATER CREAM GRATITUDE SIZE FORMAT GRATITUDE 75 ml | 2.5 fl. oz. fe Tatcha Beautiful Futures Over 6.4 million days of school provided to children worldwide#21Pevno Unilever PRESTIGE 5. Technology First Beauty dermalogica Dermalogica Al Skincare Educator First virtual human to deliver skincare education Living Proof Al Hair Diagnostics Advanced Al diagnostic tool Custom FACIAL SERUM Made For Suzy Date Jan 29, 2021 Clarifying Benefits & Anti-Aging • (30mLNETVOL1.OFLOZ Murad, LLC, Los Angeles, CA 90245 621903/0120 Murad Murad Custom Facial Serum Digital diagnostic sessions to create bespoke formulations#22U Unilever PRESTIGE The Power of Unilever 5,000 experts working worldwide in Unilever R&D biolumin-c serum brightening vitamin c serum sérum éclat à la vitamine C 1 US FL OZ 30 mL C ermalogica al-grade skin care by The Internat ternational de professional-gra Murad. ENVIRONMENTAL SHIELD Rapid Dark Spot Correcting Serum Sérum correcteur anti-taches pigmentaires à action rapide Living proof. Perfect hair Day® advanced clean dry shampoo actually cleans hair +softness and shine nettoie bien les cheveux + douceur et éclat DRY SHAMPOO SHAMPOOING SEC 184 mL e 156g 5.5 OZ US RF |038 MONOAREAK PTC SERUM ANT URS REN CLEAN SKINCARE EVERCALM REDNESS RELIEF SEM RUM APAISANT ANTI-RS ST! ORLD'S FIS AURE EVELINO ZA WAECAFE EN ON SKINCARE REDNES NE TROY HINIUM REN CLEAN SKINCARE בר IDNMTS ANT World Class R&D | International Footprint | Global Consumer Understanding Operational Excellence | Expert Support Functions | Sustainability Leaders SERUM CLEAN SKINCARE REN ONE REN CLEAN SKINCARE & AUCH EG STO REDNESS EV MINIUM VOELNA GROTER WATCHE in acevo ANUN LED HEM PLE MONOTUBE RECYCLED AL WORLD'S FIRST! & BREAK-OFF NO SOUSTRI SÉRUM APAISANT RELIEF SERUM ANTI-ROUGEURS EVER REDNESS RE SÉRUM APAISANT A EVERCALMT REDNESS RELIEF SERUM APAISANT SEURS SERUM 38 REN CLEAN SKINCARE wiਖਤ, EVERCAL REDNESS RELIE SÉRUM APAIS ANTI-ROUGEU SAY HELLO TO SAMPLES WITHOUT THE WASTE *RECYCLABLE PACK, RECYCLING IS SUBJECT TO LOCAL POLICIES AND#23Beste Unilever PRESTIGE China is an Opportunity 日夜兼修紧致嫩白 Cit 「日间」 抗氧提亮 Murad. ENVIRONMENTAL SHIELD Vita-C Glycolic Brightening Seru Serum éclaircissan Tacide glycolique Vita-C Strong Momentum Since Launch 早C晚A组合: 黄金VC光感双管精华30ml 视黄醇青春焕颜面部精华30ml Murad. RESURGENCE Retinol Youth Renewal Serum Strum rajeunissant rétinol Day Night 「夜间」 抗老抚纹 (D USA Murad. HOURGLASS 美意共生 with intesso smetics China is now the 3rd largest market for Unilever Prestige, despite being cross border only until 2021 We have doubled turnover year- on-year since launch in 2017 1st company in the industry to achieve a domestic license without animal testing Murad is the #3 brand in T-Mall cross border Hourglass is a leading exclusive brand in Sephora China Source: Tmall Shengyicanmou, 2022 Q1, Prestige Cross Border Skincare Flagship Store, Prestige beauty as average selling price $60+#24Aovee Unilever PRESTIGE Summary: Prestige Powers Growth Powerhouse Brands dermalogica С ТАТСНА PAULA'S CHOICE SKINCARE REN Ⓡ CLEAN SKINCARE GARANCIA - PARIS Kate Somerville Skin Health Experts Murad. Living proof. HOURGLASS A Winning Model 2. SPEED, AGILITY 3. TRENDS SETTING INNOVATION & ADVOCACY 1. BRAND FIRST MODEL PO 4. SOCIAL IMPACT & PURPOSE này k đi 90 As of Apni 30, 2022, your purchases have helped provide 6,478,569 DAYS OF SCHOOL 208,148 BOOKS IN U.S. Murad 5. TECHNOLOGY LED BEAUTY A virtual human beyond marketing: Meet Dermalogica's Natalia#25IS WHI EVE LOM AR The epiting En REVEAL SO SUPPLE SKY Award-winning moisturisers made fro Japanese botanicals inn W#26U Unilever PRESTIGE Thank You