Unilever Prestige Portfolio Update

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Unilever

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Beauty and Personal Care

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2021

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#1Unilever PRESTIGE Investor Deep-Dive 6th June 2022#2Unilever Safe harbour statement PRESTIGE 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 Unilever PRESTIGE#4Agenda Unilever Prestige: An Introduction to Prestige Unilever Prestige: Model & Vision Unilever PRESTIGE#5Unilever Unilever's new organisational structure PRESTIGE Business Groups Beauty & Wellbeing Personal Care Home Care Nutrition Ice Cream Vitamins, Supplements Hair Care Skin Care Prestige Minerals &#6Vasiliki Petrou CEO Unilever Prestige Unilever PRESTIGE#7Unilever Vasiliki Petrou PRESTIGE 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)#8Unilever Unilever Prestige PRESTIGE €1bn +11% Turnover average USG 2019-21 >50% Sales online Nine Powerhouse Brands R Kate Somerville Skin Health Experts Murad. GARANCIA - PARIS - dermalogica PAULA'S CHOICE SKINCARE REN CLEAN SKINCARE ТАТСНА. HOURGLASS Living proof. Note: all figures as of FY2021#9Unilever PRESTIGE Portfolio playing in key strategic spaces of the future REN CLEAN SKINCARE REN n°1 des soins professionnels dans le monde dermalogica Living proof. GARANCIA PARIS GARANCIA Living proof SULTUREUSE MAKABOUT GARANCIA La PERLE MARABOUT dermalogica GARANCIA PAULA'S CHOICE SKINCARE IATE XFOLIA 2015 2015 2017 2019 2021 Kate Somerville Skin Health Experts Murad. Kate Somerville Kate *Arectura TOTAL REPAIR Kate RAVECEUTICA Somerville LIFTING FIRMING 2015 Murad HOURGLASS ✓ TATCHA. 2015 2017 2019 G PAULA CHOIC#10Unilever Clinical Dermacosmetics PRESTIGE DERMALOGICA MURAD KATE SOMERVILLE der Murad. ENVIRONMENTAL SHIELD Vita-C Glycolic Brightening Serum Serum eclaircissant l'acide glycolique Vita-C Murad. RESURGENCE Retinol Youth Renewal Serum Sérum rajeunissant au retinol #1 Professional skincare brand #1 Retinol Brand in US Ο 008 00% Kate Somerville. ExfoliKate. 60 ml 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#11Unilever Clean and Clinical PRESTIGE PAULA'S CHOICE SE a-Rich bisturizer WITH COCOER +SHEA B Dry - Very Dry OIL LOCKS IN MOISTURE FOR 12 HOURS RELIEVES EXTREMELY DRY, TIGHT SKIN 60 ml/2 fl. oz. CLINIC Алан 2 WITAMIN VITAMIN C TH PEP TARGETS kin Types a PAULA PAULA'S CHOICE Niacinamide 20% Treatment WITH ACETYL +PUSAMINE SLANE All Skin Types DRAMATICALLY & REINFORCES 20 ml / 0.67 hol CERAMAL FIRMING MOIST with CollagenSupport Con All Skin Types Heinforces elasticity for sup ger-looking skin 50 ml/1.7. oz. PC CHO CLINICAL WITH PE PEPTIDES SKIN FIRMER-LOO 30 ml/1 fl. oz. PAU REN GARANCIA REN CLEAN SEINCINE EVERCALAS SCHUW REDNESS RE Apert ANTH 30me/102 flo GRACA [AQUA] ROUGEURS Dua DTC first, fast growth powerhouse Zero Waste. 1st to launch infinitely recyclable samples #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 High Performance Categories PRESTIGE HOURGLASS TATCHA LIVING PROOF Living proof Living pro shampoo cing C Living proof. ziongator 12 TR L condit TATCHA THE WATER CREAM Living proof defining Living proof definer Living proof Living proof defining ype Leading Luxury Cruelty Free Brand Leading brand in Sephora #1 Prestige Dry Shampoo in US Source: Living Proof: NPD US Prestige FY 2021#13Unilever The Premium Beauty Market: Categories PRESTIGE Market (€bn) Market Growth +6% +8% 121-126 CAGR '21-'26 CAGR 261 128 Mass Beauty Premium Beauty Source: Euromonitor Market Sales (2021-2026) Key Categories Unilever Prestige Premium Beauty Market Premium Other Hair Care 10% +7% 6% 121-126 CAGR Premium Colour Cosmetics 18% +9% '21-'26 CAGR Premium Fragrances 24% +8% 121-126 CAGR Premium Skin Care 42% +9% '21-126 CAGR Haircare Colour Cosmetics Skincare#14Unilever The Premium Beauty Market: Geographies. PRESTIGE Other 46% Key Geographies Premium Beauty Market Unilever Prestige USA 24% International Markets 40% Japan 8% China 22% Source: Euromonitor Market Sales (2021) Sales by consumer market US 60%#15Unilever Strong, Consistent Growth PRESTIGE 45% of incremental Turnover since 2017 from organic growth 55% I I 45% I I I 2017 Acquired Organic 2021 I +11% Average USG 2019-21 +30bps Growth contribution to Unilever FY21 €3bn ambition#16Unilever Our Winning Model PRESTIGE 1. BRAND FIRST MODEL 2. SPEED, AGILITY & ADVOCACY ATE PAULA'S CHOICE SAIN PERFECTI 2% BHA Liquid Exfoliant All this from Q Search Murad. Tate Wkle Conector Cocteur oble pour ecides @edwardzo 3-5 TikTok made me try it: Instant wrinkle corrector (w/ @Murad Skincare) #skincare1... See more original sound-edwardzo Add comment.. 114.7K 647 3363 3. TRENDS SETTING INNOVATION RED O 4. SOCIAL IMPACT & PURPOSE 5. TECHNOLOGY FIRST BEAUTY TATCHA a 。 As of April 30, 2022, your purchases have helped provide 6,478,569 DAYS OF SCHOOL 208,148 BOOKS IN U.S. NEW A virtual human beyond marketing: Meet Dermalogica's Natalia#17Unilever 1. Brand First Model PRESTIGE 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 TE AM Leaders in Education Dermalogica: #1 Professional Skincare Brand Paula's Choice: brand rooted in science & education • REN CLEAN SKINCARE TATCHA. PAULA'S CHOICE SKINCARE GARANCIA -PARIS- Kate Somerville Skin Heath Experts Unilever Murad. PRESTIGE HOURGLASS Living proof. • dermalogica Pioneering Decentralised Model Disruptive & future-fit organisational model#18Unilever 2. Speed, Agility & Advocacy PRESTIGE VOGUE Tatcha Is Here! The Lowdown On The Cult Skincare Brand That Guarantees A Glow For Every Skin Type Ժ TikTok Cult Brands with Digital Communities Tatcha launch coverage in the UK highlights cult status TikTok: +300% Portfolio Growth YTD dermalogica THE FUTURE OF SKIN CARE Hi! You're chatting with Tamara, your Professional Skin Therapist! Fast pivot to eCommerce From 39% of revenue in 2019 to +50% in 2021 • Continuous Experimentation Dermalogica debuted Virtual Reality eCommerce store in July 2021#19BEAUTY INNOVATOR .2021 29 WINNER AWARDS Unilever PRESTIGE 3. Trend Setting Innovation ELLE FUTURE OF BEAUTY WINNER 2021 AWARDS 2021. ANTI-AGING GLAMOUR BAZAAR dwinners. award 2021 WINNER 'beauty' AWARD INNER 2021 NEWBEAUTY THE BEAUTY THORITY CEWK BEAUTY AWARD WINNER 2021 ANNIVERSARY 25TH AN allure 25 25TH AN ERSARY 2021 Women's Health BEAUTY AWARDS FAST COMPANY WE MADE THE LIST! MOST INNOVATIVE COMPANIES 2022 Murad. RESURGENCE Targeted Wrinkle Corrector Correcteur ciblé pour les rides HOURGLASS HOURGLASS Red O Industry-first breakthrough ingredient innovation Living proof. full dry volume & texture spray instant, lasting volume & texture Living Proof Dry Volume & Texture Spray 120 patents globally for Living Proof technology Murad Targeted Wrinkle Corrector Near-perfect reviews "Filler in a bottle"#20Unilever 4. Leading Social Impact & Purpose PRESTIGE our mission to define and bring success to the professional skin care therapist through excellent education, innovative products and outstanding customer service. In the fight to protect our planet, we're not competitors #WeAreAllies LEARN MORE ogica BOSSANCEL KALE GREEN TEA SPINACH VITAMINS SUPERFOOD CLEANSER REN YOUTH PEOPLE BIOSSANCE: YOUTH PEOPLE. REN CLEAN SKINCARE CAUDALIE CLOUD JELLY CAUDALIE HERBIVORE THE WATER CREAM BEAUTIFUL FUTURES LIMITED EDITION EDITION LIMITEE AVENIRS RADIEUX TATCHA. THE WATER CREAM GRATITUDE SIZE FORMAT GRATITUDE 75 ml | 2.5 fl. oz. Dermalogica Education Pathway Provides skills-based training for skin therapists globally REN #WeAreAllies First of its kind partnership bringing 5 brands together to reduce packaging waste Tatcha Beautiful Futures Over 6.4 million days of school provided to children worldwide Source: Tatcha: Tatcha provided 6,478,569 days of school as of 30th April 2022#21Unilever 5. Technology First Beauty PRESTIGE dermalogica Dermalogica Al Skincare Educator First virtual human to deliver skincare education Living Proof Custom FACIAL SERUM Made For Suzy Date Jan 29, 2021 Clarifying Benefits & Anti-Aging. • 30 mLNET VOL 1.0 FL OZ Murad, LLC, Los Angeles, CA 90245 621903/0120 Murad Murad Custom Facial Serum Al Hair Diagnostics Advanced Al diagnostic tool Digital diagnostic sessions to create bespoke formulations#22Unilever The Power of Unilever PRESTIGE 5,000 experts working worldwide in Unilever R&D biolumin-c serum dermalogica professional-grade skin care by The International Dental ins brightening vitamin c serum sérum éclat à la vitamine C 1 US FL OZ 30 mLe CLEAN SKINCARE REN SERUM REN REN SERIES M EVER REDNESS RE SÉRUM APAISANT A REN CLEAN SKINCARE REDNESS RELIEF SE EVERCALM SERUM APRIS F SERUM OPISANT UMINIUI ED PLMPLE roker SAMP POVEROLE ON oncoTHI พกษ REDNESS RELIE EVERCAL SÉRUM APAIS ANTI-ROUGEU EVERO REDNESS RELIEF SERUM SÉRUM APAISANT ANTI-ROUGEURS REN CLEAN SKINCARE 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 EVERCALM REDNESS RELIEF SE RUM APAISANT ANTI-R FIRST! UMINIUM ALUMIN WORREGO MONOTUBAK OF RLDLYOZZ DRY SHAMPOO SHAMPOOING SEC 184 mL e 156g 5.5 OZ US SERUM ANT URS EN ON SKINCARE LANS REN CLEAN SKINCARE REDNE SAY HELLO TO SAMPLES WITHOUT THE WASTE RECYCLABLE PACK, RECYCLING IS SUBJECT TO LOCAL POLICIES AND WORLD'S FIRST! MONOTUBE BREAK-OFF NA World Class R&D | International Footprint | Global Consumer Understanding Operational Excellence | Expert Support Functions | Sustainability Leaders#23Unilever China is an Opportunity PRESTIGE Strong Momentum Since Launch HOURGLASS 日夜兼修 紧致嫩白 早C晚A抗老公式 Day. Night 美意共生 「日间」 抗氧提亮 Murad. Murad. RESURGENCE ENVIRONMENTAL SHIELD Vita-C Glycolic Brightening Seru Serum éclaircissan racide glycolique Retinal Youth Renewal Serum Serum rajeunissant rétinol Vita-C 「夜间」 抗老抚纹 早C晚A组合: USA 黄金VC光感双管精华30ml 视黄醇青春焕颜面部精华30ml Murad. 白鹿 品牌大使 • 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 1 st 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+#24Unilever Summary: Prestige Powers Growth PRESTIGE Powerhouse Brands dermalogica ТАТСНА. PAULA'S CHOICE SKINCARE Kate Somerville Skin Health Experts Murad. REN CLEAN SKINCARE Living proof.Ⓡ GARANCIA PARIS HOURGLASS A Winning Model 1. BRAND FIRST MODEL 2. SPEED, AGILITY & ADVOCACY Murad 3. TRENDS SETTING INNOVATION 4. SOCIAL IMPACT & PURPOSE 5. TECHNOLOGY LED BEAUTY As of April 30, 2022. your purchases have helped provide 6,478,569 DAYS OF SCHOOL 208,148 BOOKS IN U.S. NEW A virtual human beyond marketing: Meet Dermalogica's Natalia#25IS WH EVE LOW AR The Begining REVEAL SC SUPPLE SK Award-winning moisturisers made fro Japanese botanicals:#26Unilever PRESTIGE Thank You

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