#1Unilever Q3 2022 Trading Statement ALAN JOPE & GRAEME PITKETHLY 27 OCT 2022 Unilever oil free matte dermalogica ermalogica 30 NOVO PROTEÇÃO MICELAR QUANTO MAIS VOCE LAVA, MAIS VOCE CUIDA ABOU MALCA AS CO OMO PROTEÇÃOMICELAR LAVA ROUPAS LIQUIDO SEM PERFUME HIPOALERGENICO 3L Active Clearing M @ Dove deep moisture nourishes the driest skin nourrit le poou le plus sèche MICRONE bundy mash nertavant corporeldratant HELLMANN'S EST.1913 REAL MAYONNAISE 100 free rang Consisted to surtalmably sourced all 400ge#2Unilever 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. 2#3Unilever Q3 2022 Trading Statement ALAN JOPE oil free matte dermalogica ermalogica 30 NOVO PROTEÇÃO MICELAR QUANTO MAIS VOCE LAVA, MAIS VOCE CUIDA ABOU MALCA AS CO OMO PROTEÇÃOMICELAR LAVA ROUPAS LIQUIDO SEM PERFUME HIPOALERGENICO 3L Active Clearing M @ Dove deep moisture nourishes the driest skin nourrit le poou le plus sèche MICRONE bundy mash nertavant corporeldratant HELLMANN'S EST.1913 REAL MAYONNAISE 100 free rang Consisted to surtalmably sourced all 400ge#4Unilever Q3 Highlights Double-digit growth in Q3, full-year guidance raised Price-led with limited volume impact Big brands outperformed, driven by investment and innovation New organisation bringing speed and agility#5Unilever Another strong quarter of growth Q3 growth 10.6% Underlying sales growth 12.5% (1.6) % UPG UVG ¹Moving Annual Total / Last 52 weeks YTD growth 8.9% Underlying sales growth 10.7% (1.6)% UPG UVG Price growth UPG 4.9% 0.0% UVG 8.3% 11.2% -1.0% -2.1% 12.5% -1.6% Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Competitive growth 50% % Business Winning MAT¹ 5#6Unilever Continued progress in line with strategic priorities Win with brands and innovation 12 €1bn+ brands 51% of turnover 14% Q3'22 USG Move portfolio into high growth spaces Prestige and Health & Wellbeing grew double-digit Acquired Nutrafol Tea sale completed Accelerate USA, India, China and EMS Q3'22 USG 8.6% 16.1% 1.1% Emerging Markets 13.3% Lead in channels of the future 14% eCom % TO 20% eCom Q3'22 USG 6#7Unilever Future-fit organisation already enabling better execution Beauty & Wellbeing Dove sunsilk LIQUIDIV. Fueling Life's Adventures dermalogica Unilever Corporate Centre Personal Care Dove XOMO Sunlight Comfort Horlicks Cif Rexona AXE Home Care Nutrition Signal. Knorr HELLMANN'S MAILLE Unilever Business Operations Ice Cream S 32 M MAGNUM BEN&JERRY'S Cornetto ☆ Speed Product rationalisation rapidly executed in Personal Care Simplification Cross-border supply chain consolidation in North America Nutrition Business Operations Accelerated move to Cloud infrastructure 7#8Beauty & Wellbeing Unilever P ТАТ С НА THE SILK CREAM LIQUIDIV HYDRATION MULTIPLIER+ POWERED BY CTT (Cellular Transport Technology) Immune Support Drink Mix AL DAWN AT DUSK noHופSSV#9Unilever ● ● Beauty & Wellbeing 6.7% USG (0.6)% UVG 7.3% UPG Double-digit growth in Prestige and Health & Wellbeing Sunsilk and Clear driving strong performance in Hair • Small decline in China, impacted by continued lockdowns USG UPG UVG 7.2% Q3'21 7.7% Q4'21 7.4% Q1'22 9.5% Q2'22 6.7% 7.3% (0.6)% Q3'22 9#10Unilever Brand and innovation highlights sunsilk NEW! SUNSILK ACTIV-INFUSION Our best ever formulation for beautiful & fragrant hair lalo na pag nakalugay sunsilk sunsilk sunsilk sunsilk ACTIV INFUSION OILS & PROTEINS Gorgeous hair through new nanoplex technology ATRATION TIPLIER LIQUIDIV Fueling Life's Adventures NQUIDIV 4x larger than at acquisition Living proof. The future of hair repair. Meet your new healthy-hair architect. Living proof. triple bond complex HAIR STRENGTHENER SOIN FORTIFIANT CHEVEUX 45 ml €1.5 FL OZ US NEW Enters bond-building premium hair care category 10#11Personal Care Unilever Dove shower foam deeplynourishing foaming body wash CHA X BRIT VISA NX AFRICA 25 YEARS DEODORANT & BODYSPRAY 48H FRESH KBURN IT RULLED TUX CHARTS Rexona 72h ATIVADO PELO MOVIMENTO COTTON DRY FRIEND 11830#12Unilever Personal Care 8.9% USG ● (4.1)% UVG 13.5% UPG • Deodorants performed strongly driven by double-digit growth from Dove, Rexona and Axe • Skin Cleansing volumes declined as a result of pricing and supply constraints Pepsodent drove growth in Oral Care USG UPG (0.8)% UVG Q3'21 4.9% Q4'21 6.8% Q1'22 6.7% Q2'22 8.9% 13.5% (4.1)% Q3'22 12#13Unilever Brand and innovation highlights New Dove body wash with Microbiome Nutrient Serum Dove Transforms even the driest skin in just one shower relaxing char 41 Dove Dove deep moisture in the d to pos place Dove refreshing Ca 200ANS L Dove Bulmore Microbiome nutrient serum moisturises dry skin in just one shower Degree ADVANCED Rexona 72H NONSTOP PROTECTION THROUGH WORKS HARDER THAN REGULAR ANTIPERSPIRANTS REAKTHED Unilever MIOLOGY NEW It Won't Let You Down. Degree 72M Superior technology driving accelerated growth across many markets LUX LUX POWERED WITH VITAMIN C, FOR SPOT-LESS GLOW New LUX is now powered with Vitamin C, known for spot reduction. As you indulge in its creamy lather, it fades spots & brings out your spot-less glow. VITAMIN C JASMINE BESENCE Clinically proven skin care benefits offering a spot- less glow 13#14Home Care U Unilever Cif ANTI-BAC & SHINE Multi-purpose 100% NATURALI derived cleaning ag 9% germ bl NOVO PROTEÇÃO MICELAR OMO PROTEÇÃOMICELAR LE ROUPAS SEM PERFUME 3L HIPOALERGENICO PRO FLEE ✔ Omfo Comfort ultimate care Long Lasting Lock Prince Calours PRO FIBRE -TECHNOLOGY Proc ultimate care o Long Lasting Locks Protects Fragrance Colours Fibres#15Unilever Home Care 13.6% USG (3.6)% UVG 17.8% UPG • Fabric Cleaning grew double- digit, driven by Dirt is Good, Surf and Radiant • Continued growth momentum in Fabric Enhancers, supported by Comfort • Home & Hygiene growth slowed as Covid effects fade USG UPG UVG 1.4% Q3'21 5.0% Q4'21 9.2% Q1'22 12.2% Q2'22 13.6% 17.8% (3.6)% Q3'22 15#16Unilever NEW Brand and innovation highlights Sunlight Bulaci 10x FASTER EVEN ON ENCRUSTED FOOD WITH 100% NATURALLY DERIVED BIO-ENZYMES Bulaci Bio-enzymes tougher on grease and encrusted food ఇప్పుడR 180 (అన్ని టాక్సులతో సహా) Surf excel VALUE PACK Surf excel MATIC 1L Surf Excel driving high growth in India Fabric Cleaning Comfort LONG LIVE CLOTHES Ⓒ Omfo Omfort fort ultimate care ultimate care ate Patented Pro-Fibre technology prevents clothes damage 16#17Nutrition U Unilever Per 100ml 回 HE Hal Energy per 100ml 329 kcal Knorr MADE WITH QUALITY INGREDIENTS GLUTEN FREE HELLMANN'S VEGAN MAYO SINCE 1838 Knorr Veggie STOCK CUBES BASEB Energy Fat Saturates Sugars 38 kJ <0.5 g 0.2 g <0.5g <1% <1% 1% 9 kcal Salt <19 Energy per 100ml: 38 kJ/9 kcal 0g 0% MENDED back retens FIGHT ZERO SALT Our Promise Full of flavour, wi sustainably farm veggies Gluten free#18Unilever Nutrition 11.8% USG 0.1% UVG ● 11.7% UPG • 20%+ growth in Dressings, with strong pricing and positive volume from Hellmann's • Growth broad-based with most geographies delivering high- single digits or better Unilever Food Solutions continues to be above pre-Covid levels USG UPG UVG 3.4% Q3'21 4.7% Q4'21 6.2% Q1'22 7.0% Q2'22 11.8% 11.7% 0.1% Q3'22 18#19Unilever Brand and innovation highlights HELLMANN'S EST.1913 MAKE TASTE. NOT WASTE. HELLMANN'S EST.1913 REAL MAYONNAISE Hellmann's campaign driving double-digit growth Knor Kno ROASTED Natural VEGET Knorr CHICKEN Knorr Natural CHICKEN FLAVOR BOULLON ZERO SALT Knorr ZERO SALT Knorr natural ROASTED GARLIC 7000 Ents CHICKEN Knorr ZERO SALT Knorr ZER SA CHICKEN ZERO SALT Knorr Knorr ZERO SALT Zero salt bouillon drives category growth ZERO AL ESETA FAM Our famous brands KLE ON Knorr PROFESSIONAL Unilever Food Solutions HELLMANN'S THE VEGETARIAN HELLMANN'S BUTCHER MAILLE CARTE DOR Unlever Support.pin Pregn Strong quarter with return to pre-Covid volumes 19#20Ice Cream 1 Unilever M MAGNUMⓇ F BEN&JERRY'S CHANGE IS BREWING SLASSICO Cornetto#21Unilever 13.2% USG ● Ice Cream ● 1.0% UVG 12.0% UPG Double-digit growth in key markets driven by Magnum, Wall's and Cornetto Out-of-Home channel recovering, but volume remains below pre- pandemic levels Strong supply chain responded well to weather-driven volume surge in Europe USG UPG UVG 2.3% Q3'21 (1.3)% Q4'21 7.1% Q1'22 9.5% Q2'22 13.2% 12.0% 1.0% Q3'22 21#22Unilever 和路中 Brand and innovation highlights Cornetto 可爱多 萨摩娜; REBLETD Gen Z-targeted innovation in China MAGNUM true to pressure M MAGNUMⓇ O MAGNUM true to pleasure MAGNUM tree to pleasure Classic Remix Almond Remix White Chocolate &Berry Remix CLASSICS CAN BE REMIXED CLASSICS CAN BE REMIXED CLASSICS CAN BE REMIXED Classic remix supporting double-digit growth getir Add 3 free Wall's ice creams to your order and salect offer at checkout Get New NOW getir Get 3 free ice creams when you spend over £20 THA 42 M A Strong growth from Ice Cream Now Preturti C2M a €2.30 12.00 M COM 22#23Unilever Q3 2022 Trading Statement GRAEME PITKETHLY oil free matte dermalogica ermalogica 30 NOVO PROTEÇÃO MICELAR QUANTO MAIS VOCE LAVA, MAIS VOCE CUIDA ABOU MALCA AS CO OMO PROTEÇÃOMICELAR LAVA ROUPAS LIQUIDO SEM PERFUME HIPOALERGENICO 3L Active Clearing M @ Dove deep moisture nourishes the driest skin nourrit le poou le plus sèche MICRONE bundy mash nertavant corporeldratant HELLMANN'S EST.1913 REAL MAYONNAISE 100 free rang Consisted to surtalmably sourced all 400ge#24Unilever 10.6% USG ● Underlying Sales Growth ● (1.6)% UVG 12.5% UPG Another quarter of price-led growth in challenging conditions Pricing sequentially stepped up Volumes resilient USG UPG UVG 2.5% Q3'21 4.9% Q4'21 7.3% Q1'22 8.8% Q2'22 10.6% 12.5% (1.6)% Q3'22 24#25Unilever USG UPG UVG USG UPG UVG Regional growth by quarter 2.3% Q3'21 2.0% Q3'21 Asia Pacific Africa €7bn TO 5.7% Q4'21 6.5% Q4'21 9.1% Q1'22 North America €3.5bn TO 8.5% Q1'22 9.0% Q2'22 8.9% Q2'22 12.5% 12.1% 0.3% Q3'22 8.3% 11.0% (2.4)% Q3'22 8.7% Q3'21 0.3% Q3'21 8.5% Q4'21 (0.8)% Q4'21 Latin America €2bn TO 9.8% Q1'22 Europe €3bn TO 0.7% Q1'22 16.8% Q2'22 4.6% Q2'22 17.6% 23.2% (4.6)% Q3'22 5.4% 8.9% (3.2)% Q3'22 25#26Unilever Q3 2022: Turnover growth €13.5bn Q3 2021 (1.6)% UVG USG 10.6% 12.5% UPG +17.8% 1.0% A&D (2.1)% Acquisitions (3.1)% Disposals 8.8% Currency €15.8bn Q3 2022 26#27Unilever Net material inflation (NMI) expected to continue into H1 2023 Commodity costs Higher year-on-year raw material costs, partly a result of favourable covers in H1 2022 Supplier conversion costs Labour and energy inflation affecting raw material processing costs for suppliers Currency USD strength raises the local cost of raw materials Our current estimate for NMI in H1 2023 is in the region of €2bn, with a range of possible outcomes 27#28Unilever Outlook 2022 Priorities Continuing growth momentum Invest for growth while managing inflationary pressure Embed new operating model Maintaining cost and savings discipline 2022 Guidance Expect growth above 8%, with more negative volume growth than in the first nine months Increased levels of spend in BMI, R&D and Capex FY UOM of 16%, within 16-17% range Expect to improve margin in 2023 and 2024 28#29Unilever Q3 2022 Trading Statement ALAN JOPE & GRAEME PITKETHLY 27 OCT 2022 Unilever oil free matte dermalogica ermalogica 30 NOVO PROTEÇÃO MICELAR QUANTO MAIS VOCE LAVA, MAIS VOCE CUIDA ABOU MALCA AS CO OMO PROTEÇÃOMICELAR LAVA ROUPAS LIQUIDO SEM PERFUME HIPOALERGENICO 3L Active Clearing M @ Dove deep moisture nourishes the driest skin nourrit le poou le plus sèche MICRONE bundy mash nertavant corporeldratant HELLMANN'S EST.1913 REAL MAYONNAISE 100 free rang Consisted to surtalmably sourced all 400ge