#1Health & Wellbeing Investor Deep Dive July 6, 2022 Health & Wellbeing Unilever#2Health & Wellbeing Unilever 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, Beauty & Wellbeing Health & Wellbeing#4Health & Wellbeing Unilever I I Unilever's New Organisational Structure Hair Care Beauty & Wellbeing Skin Care Business Groups Personal Care Prestige Home Care Health & Wellbeing Vitamins, Minerals & Supplements Nutrition Ice Cream#5Jostein Solheim CEO, Health & Wellbeing Health & Wellbeing#6Health & Wellbeing Unilever Jostein Solheim CEO, Health & Wellbeing Former CEO of Ben & Jerry's for 8 years 30 years at Unilever with deep experience across categories Unilever and markets#7Agenda Introduction to Health & Wellbeing Unilever's Vitamins, Minerals & Supplements business Strategy and Value Creation Model Health & Wellbeing#8Health & Wellbeing Unilever Health & Wellbeing is... T A portfolio of fast growing, lifestyle- led, science-driven brands Focused on attractive segments, product formats & channels Underpinned by a Unilever platform of capabilities to scale and unlock value OLLY. OLLY 0 DAILY ENERGY FREE GOODBYE STRESS AM & STAY ALES yandelabe EEP CALM & E www &Go Berry Vitamin B12+ OLLY. OLLY OLLY QUYI BEAUTY FROM THE INSIDE OUT O QUYI BEAUTY Tir O THE INSIDE OUT SKIN And Coll Ac Bu Povo BEAUTY 50 PROBIOTIC +PREBIOTIC CY ALTHY SEN berat Antioxida HYDRATE B SO GA wative part of d OLLY. STRESS & STAY ALER CARTOGR#9Health & Wellbeing Unilever Unilever Health & Wellbeing >€1bn turnover¹ 50%+ growth p.a. since 2019² equilibra A profitable, fast-growing business of lifestyle brands OLLY. LIQUIDIV +35bps to Unilever USG in 2021 1 Turnover on an annualised basis 2 Like-for-like turnover 2019-2021 SMARTY PANTS welly* 40% of sales online ONNIT#10Health & Wellbeing Unilever Focused and disciplined approach to M&A 2018 equilibra 2019 OLLY. 2020 LIQUIDIV 2021 SMARTY PANTS welly* ONNIT 2022 NUTRAFOL#11Health & Wellbeing Unilever Leading position in gummies, the fastest growing major VMS format OLLY METABOLISM GUMMY RINGS OLLY EXTRA SLEEP OLLY PROBIOTIC +PREBIOTIC SMARTY PANTS KIDS FORMULA OLLY KIDS CHILLAX MULTI and OMEGA 3s vitamin D3 for IMMUNITY vitamin K for BONES SMARTYPANTS Food, Drug & Mass Channels SMARTV PANTS PERS SMARTY PANTY on A == Lor SMARTY PANTS OLLY MARTY SATS SMARTY KIDS OF OLLY JOY OLLY SLEEP FRA HALY SLEUP EYELE" Veck 1-Serve & loterikes SMARTY PANTS WOMENS RTV SMAK SMAR WOMEN'S d SMART PANT A Delightful vitamins and supplements with real-life benefits #1 Sleep gummies #2 VMS gummy brand¹ FDM Science based nutrition made with premium ingredients for kids & adults a #1 Multivitamins #2 VMS gummies#12Health & Wellbeing Unilever Disruptive, digitally native brands LIQUID IN ing Life's Adventures ONNIT ALPHA BRAIN HELPS SUPPORT- MEMORY & FOCUS Daily Cognitive Support DIETARY SUPPLEMENT 90 CAPSULES ONNIT LIQUIDIV HYDRATION MULTIPLIER+ ( 199 LIQUIDIV Fueling Life's Adventures HYDRATION LIQUIDIV matig 1811 Ame HYDRATION MULTIPLIER 15tick Faster Hydration Than Water Ala ENERGY ETF LIQUIDIM ENERGY MULTIPLIER ONNIT Ⓡ 15tick. Multiply Tour Eergy ONNIT VIRUTECH Immune 14 LIQUIDIV 2 SLEEP MULTIPLIER =Zzz Supplement Facts Lifestyle-led functional hydration brand that has disrupted the market #1 Powdered Hydration Authority on brain supplements with a passionate community of followers #2 Nootropics/ brain supplements#13Health & Wellbeing Unilever Acquired a majority stake in Nutrafol Strengthening the portfolio in 'beauty from within' NUTRAFOL Mor Spes from within NUTRAFOL Women Wews from Wesin NUTRAFOL Women's Balanc Har Welners from whe GROWTH #1 DERMATOLOGIST RECOMMENDED SUPPLEMENT HAIR NUTRAFOL BRAND • Hair health concerns affect more than 114 million U.S. consumers. #1 dermatologist recommended hair growth supplement in the U.S. 2/3rds of sales from Nutrafol.com. Clinically-backed, physician-formulated science. Opportunity to scale through regime building and international expansion.#14Strategy and Value Creation Model Health & Wellbeing#15Health & Wellbeing Unilever Focused on high growth segments and key geographies VMS market by geography **** 31% MARKET SIZE >€160 billion¹ Peronouns 16% Sleep & 19% 2016-21 CAGR 5% Stress Beauty VMS market by segment spy G OT 20 db High growth segment Vitamins & Dietary Supplements: High growth benefit spaces hydration from within nutrition Vitamins & Dietary Supplements ☆ Functional Hydration Weight Management Sports Nutrition Brain & Mood 1 Market Size includes Vitamins, Minerals & Supplements + Sports Drinks/Functional Hydration (Euromonitor 2021) MARKET STRATEGIC SIZE (RSV) FIT Digestive €105bn >€18bn health 루 €17bn €20bn health Women's#16Health & Wellbeing Unilever VMS market is going through a major shift From 'health as the absence of disease' to 'health as a lifestyle pursuit' Key drivers underpinning this shift Trusted science & transparency Benefit-led & personalized Purpose driven & "Better-for-you" Social proof & endorsement The hair you want begins within. Clinically proven hair growth formulas for every TRAFOL NUTRAFOL woman at every life stage. MUTATO HUTBATON MUTRAFO O We meet you where you are in life. A body in balance is primed to grow.#17Health & Wellbeing Unilever Uniquely positioned to benefit from market tailwinds UDARAA Majority of category growth will come from Gummies, Powders¹ 80%² of our business is in Gummies & Powders ZZK M 2x higher growth in our focused segments 65%² of our sales are from these segments OMNI D2C CHANNEL amazon Majority of projected category growth from eCom¹ 40% of our sales are from eCommerce WWW. 58% of projected VMS consumption by 2040 from Millennials and Gen Zs 75%³ of our media spend targets Millennial & Gen Z consumers 3 1 Nutrition Business Journal 2020 2 Percentage of US Sales ³ Estimated percentage of targetable media spend in 2022 (in US)#18Health & Wellbeing Unilever Networked and agile operating model, designed to create value Operating Companies Unilever Capabilities Agile, focused, with brilliant execution for strong growth equilibra OLLY Data & Analytics to support performance marketing at scale LIQUIDIV Demand-creation Leading Science and innovation capability SMARTY PANTS welly* Customer & Channel execution excellence Rigorous Regulatory & Quality Assurance that guarantees integrity International Expansion ONNIT | NUTRAFOL Operations Networked supply chain unlocking efficiencies Back-office unlocking synergies Common, integrated technology backbone#19Health & Wellbeing Unilever Ambition to reach €3 billion in turnover €3 billion Majority of growth will be organic >50% of business will be online Levers of the Growth Strategy Organic Growth in US مه Science-led Innovation Increase awareness, penetration and availability $ Value creation driving cost and revenue synergies International China for China: Dedicated operating team Key European markets Seeding in markets of the Future Inorganic Growth (M&A) Focused need spaces & geographies#20Health & Wellbeing Unilever Key takeaways (6 T >€1bn turnover with 50%+ like-for-like growth p.a. since 20191 A portfolio of fast growing, lifestyle-led, science-driven brands Focused on attractive segments, product formats & channels Underpinned by a platform of Unilever capabilities to scale and unlock value Ambition to reach €3bn turnover 1 Turnover on an annualised basis; Like-for-like turnover 2019-2021 D LIQUIDIN NYDRATION MULTIPLIEN (77) Vin LIQUIDIV MYDIER CIT NW-ONO HEFOND Flac PLAY PROHI CLL MARLINTICE RADKELION FIONIDIA LIQUIDIV HYDRATION MULTIPLIER CIT Non-GM Electroe Die M CONCORD GRAN ANDRAS MOTAINFICH HADRYLION non om#21Health & Wellbeing Investor Deep Dive July 6, 2022 Health & Wellbeing Unilever