#1Unilever Q3 2021 Trading Statement Alan Jope & Graeme Pitkethly 21st October 2021 CLEAR 清扬 男士 头皮劲活专研 去屑洗发露 辣汤仓山路 劲度 CLEAR 清扬 男士 头皮劲活吞研 吉可快发期间 8x ( 要加强团盟 | CLEAR 扬 男士 头皮劲活专研 古時级发起 宝 控油分子 爽控油型 (1 CLEAR 清扬 男士 头皮劲活吞研 古城络发区 遊動 Unilever 去元 (1#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 Trading Statement, and their negatives, are intended to identify such forward-looking statements. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Unilever Group (the 'Group'). They are not historical facts, nor are they guarantees of future performance. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual Trading Statement 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 Trading Statement 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 2020.#3Alan Jope Unilever Q3 2021 Trading Statement 21st October 2021 CLEAR 清扬 男士 头皮劲活专研 去黄洗发露 X 辣向時 HAR ARBET CLEAR |清扬 男士 头皮劲活专研 去爱资发型 主功效 劲护愛型 CLEAR 扬男士 头皮劲活要翻 去爱洗发露 保 控油分子 爽控油型 CLEAR 清扬 男士 头皮劲活专研 市连发现 U Unilever 劲 去元 L#4Unilever Q3 headlines Summary Year on track with 4.4% YTD USG Cost inflation continues Pricing stepping up Strong operational discipline Strategic choices making an impact Outlook unchanged Full year USG well within our 3-5% multi-year framework Full year UOM around flat#5Unilever Growth Q3 Growth Underlying Sales Growth 2.5% -1.5% Underlying Volume Growth MAT: Moving Annual Total / Last 52 weeks YTD Growth Underlying Sales Growth 4.4% 2.1% Underlying Volume Growth Competitive Growth 54% % Business Winning MAT Pricing Growth 0.3% FY '20 1.0% Q1 '21 1.6% Q2'21 4.1% Q3'21 5#6Unilever Challenging operating environment Sustained Inflationary Pressure Q4 '19 price is Index 100 Q4'19 Q1'20 Brent Crude Q2'20 Soybean Oil Q3'20 Palm Oil Q4'20 Q1'21 Resin Plastics Q2'21 211 182 166 136 116 Q3'21 N.America Transport Covid Uneven Covid recovery Significant restrictions across SEA Supply Chain Volatile operating environment Unilever on-shelf availability remains strong 6#7Unilever Guided by our strategic choices 1. Develop our portfolio into high growth spaces 2. Win with our brands as a force for good, powered by purpose & innovation 3. Accelerate in USA, India, China and leverage EM strength 4. Lead in the channels of the future 5. Build a purpose-led, future-fit organisation and growth culture Operational Excellence 7#8Unilever Portfolio evolution into high growth spaces ● Functional Nutrition Q3 USG 20%/YTD USG 20% VMS on track for €1.0bn Roll out into China The Malay LIQUIDIN NYDRATION MULTIPLINER PARTES LAGUNGA NYORATION MOLTIPLIER LIQUIDAY SNEASY MULTIPUR S OLLY. KIDS SLEEP ML-Theanine O OLLY. SLEEP FOR A HEALTHY SLEEP CYCLE Melatonin, L-Theanine & Botanicals ~€1.5bn Functional Nutrition: Health Foods Drinks + Vitamins, Minerals & Supplements Annualised turnover OLLY EXTRA SLEEP A BOOST FOR THE ULTIMATE SLEEP Me L-Thea ● Prestige Beauty Q3 USG 24%/YTD USG 26% 50% eCommerce Roll out into China The TATCHA INDIGO OVERNIGHT REPAIR Contribution to Unilever USG: 60bps Q3, 50bps YTD PAULA'S CHOICE EXFOLIAT ~€1bn SKIN PERFECTING 2% BHA Liquid Exfoliant SALICYLIC ACID code NYOM WEIGH 118 ml / 4 fl. oz 8#9Unilever Winning with our brands Innovation >60% of turnover tested winning vs. competition 94% of turnover is winning or parity Turnover referenced full year 2020 2X average project size. 2022 vs. 2019 new Dove Removes germs in seconds, nourishes for hours HAND WASH COLLECTION ( Brand performance Knorr TOUGHER ON STAINS NEW Dove PLANT BASED ON RECYCLED PROVIES Persil bl Dove S MOISTURISING HAND WH Dove Dove KINDER TO OUR WORLD Dove DIRT IS GOOD Dove €5bn / 8% USG YTD Knorr €4bn/9% USG YTD Dirt is Good €4bn / 4% USG YTD#10Unilever Accelerating in key markets Size of business Q3 USG YTD USG USA ~€9bn 2% 3% India ~€5bn 11% 14% China ~€3bn 9% 17% 10#11Unilever Channels - eCommerce China +14% USA +11% India >200% Q3 USG +38% EL Alibaba.com COMPRA AGORA Omnichannel +23% Pure play +24% eB2B +75% 12% of group turnover 11#12Unilever Organisation and culture Price and Savings Q3 UPG 4.1% €2bn FY savings Digital Learning eCommerce accelerator training >15,000 certifications since April Employee Engagement 75% 2018 82% 2021 12#13Graeme Pitkethly Unilever Q3 2021 Trading Statement 21st October 2021 CLEAR 清扬 男士 头皮劲活专研 去洗发露 200 X 辣查時 CLEAR 清扬 男士 头皮劲活专研 去同选发型测 驻团戏 护愛塑型 CLEAR 請扬 男士 头皮劲活专研 去黄洗验! 控油分子 爽投迪型 U Unilever CLEAR 清扬 男士 头皮劲活专研 器网连及期 881B 云 (0#14Unilever Unilever group growth USG 4.4% UPG UVG ¹20 Q3 3.5% '20 Q4 5.7% '21 Q1 5.0% '21 Q2 2.5% 4.1% -1.5% '21 Q3 ● ● ● 2.5% Q3 USG (1.5)% 4.1% Q3 UVG Q3 UPG | Operational grip and strategy driving faster competitive growth Pricing stepping up further. €2bn FY savings to counter commodity inflation Markets remain varied impacting channel dynamics, sales mix, and consumer behaviour 14#15Unilever Turnover +4.0% €12.9 bn Q3 2020 USG 2.5% (1.5)% UVG 4.1% UPG 1.6% (0.1)% A & D 1.6% Acquisitions Disposals (0.1)% Currency €13.5 bn Q3 2021 15#16Unilever Category dynamics * Hygiene 26% 19% 11% 5% (10)% (6)% Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Functional Nutrition 39% 45% 33% 54% III Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Hygiene: Skin Cleansing + Home & Hygiene Out of Home: Food Service + Out of Home Ice Cream 9% 20% Laundry (1)% 4% Prestige 8% 2% Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 21% 6% In Home 17% 34% 7% (5)% (10)% Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 12% 13% 11% 24% Personal Care: Personal Care excl. Skin Cleansing and Prestige Functional Nutrition: Health Foods Drinks + Vitamins, Minerals & Supplements; Horlicks reflected in USG from Q2 4% (2)% (1)% Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Personal Care 10% (0)% (3)% (2)% 4% (10)% Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 All figures USG% Out of Home 48% (16)% (20)% 4% 17% (42)% Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 16#17Unilever NEW Beauty & Personal Care Deodorant, Hair & Skin Care 4% REFILLABLE DODAT CARE REGE REFILLABLE DORANT ELCASE Dove Dove |EZE aande REFILLABLE DEODORANT CASE Dove :24: HRS. FRAGRANCE LONG LASTING Skin Cleansing (5)% MAKES ME UNSTOPPABLE LUX U ILITA LOVE beauty AND planet LUX CHINA CELEBRITY AMBASSADOR DILRABA LUX 100% Biodegradable Shampoos & Conditioners Lifebuoy Lifebuoy WS Formulas That Disappear. Hair That Stands Out. 100% STRONGER GERM PROTECTION LOVE beauty AND planet NEW 100% STRONGER GERM PROTECTION PROVEN AGAINST COVID-19 CORONAVIRUS EFFECTIVE ● ● 2.6% Q3 USG (1.3)% Q3 UVG Price led growth across Deodorant, Hair, & Oral | Strong Prestige growth 3.9% Q3 UPG Strong Skin Care growth as social occasions return Skin Cleansing lapping high prior year comparators. +15% vs. 2019 17#18Unilever Foods & Refreshment NOW MAKE TASTE, NOT WASTE. Out of home 17% HELLMANN'S EST.1913 REAL MAYONNAISE MAGNUM In-home (1)% deliveroo ♡ ott ක 建新上市 **** *** 16 G ( (**+ *** ● ● ● 3.0% Q3 USG (0.8)% 3.8% Q3 UVG Q3 UPG Strong out of home Ice Cream growth led by price Food Service growth driven by China In-home demand remains strong as we lap higher comparators Hellmann's strong growth whilst focussing on reduced food waste 18#19Unilever EFICÁCIA 100% COMPROVADA COM Eficácia comprovada contra vir els Lifebuoy 4 Home Care -24 @ Vak MULTIPURPOSE 2414 PROVEN COVID-19 CORONAVIRUS EFFECTIVE SERDEVERYT *Eficácia comprovada contra vírus SARS-CoV-2 na dosagem para ação sanitizante TATR cs Lifebuoy 4 DISINFECTANT MULTI-PURPOSE CLEANER LS 99.9% VS UP TO 24H PROTECTION BotaniTECH" TESTED PREÇO ECONOMICO! OMO lavagemperfeita SANITIZA HIGIENIZA 10 LAVAGENS COM ACONCENTRADO PODEROSO ⒸAFUSTE A DOSAGEN RENDE IGUAL (24) ANTIBACTERIAL PROTECTION Laundry 4% LAVAGEM PERFEITA ✓ CERPES/BACTERIA KILLS 99.9% GERMS NEW LIFEBUOY HOMECARE RANGE BRUTAL ON GERMS, GENTLE AROUND YOU Home & Hygiene (8)% NEW DILUI Jo NATURALLY DERIVED CLEANING INGREDIENTS ele JOANNER NUEVO Xala LIQUIDO PARA DILUIR RINDE 3L 30 LAVADOS + ECONÓMICO YENİ NESİL KÖPÜK ÇAMAŞIR SUYU DERİNLEMESİNE HİJYEN, KOLAY TEMİZLİK BANYO inectic Domestos Domestos $8 HYEN KÖPÜK HUYENIK KÖPÜK BAS Domestos DURDURULAMAZ Unilever ● ● 1.4% Q3 USG (3.2)% Q3 UVG | 4.8% Q3 UPG Laundry growth driven by pricing initiatives in key markets Home & Hygiene lapping surge demand. +9% vs. 2019 Step up in pricing across all categories 19#20Unilever Asia / AMET / RUB USG UPG UVG 4.5% '20 Q3 2.6% '20 Q4 9.9% '21 Q1 5.7% '21 Q2 2.3% 4.2% -1.9% '21 Q3 ● ● 2.3% Q3 USG (1.9)% Q3 UVG | 4.2% Q3 UPG China: Continued strong growth across all divisions India: Recovery with price and volume-led growth Indonesia: Covid and competitiveness issues SEA: Conditions remain challenging as lockdowns and restrictions impact region 20#21Unilever Latin America USG 6.5% UPG UVG ¹20 Q3 5.8% '20 Q4 7.2% '21 Q1 11.9% '21 Q2 8.7% 9.1% -0.4% '21 Q3 ● ● 8.7% Q3 USG (0.4)% 9.1% Q3 UVG Q3 UPG Pricing continues to step up in response to growing inflation Brazil: Strong double digit pricing landed to offset high commodity inflation Mexico: Strong volume and price growth 21#22Unilever North America USG 9.1% UPG UVG ¹20 Q3 7.1% '20 Q4 4.3% '21 Q1 1.1% '21 Q2 2.0% 2.9% -0.9% '21 Q3 ● ● ● 2.0% Q3 USG (0.9)% Q3 UVG Continued price growth with competitiveness improving Demand for in-home food remains strong 2.9% Q3 UPG Out of home food continues to recover Strong Prestige and VMS contribution 22#23Unilever Europe USG (0.8)% UPG UVG '20 Q3 0.8% '20 Q4 (2.3)% '21 Q1 4.0% '21 Q2 0.3% 2.1% -1.8% '21 Q3 ● ● 0.3% Q3 USG (1.8)% 2.1% Q3 UVG Q3 UPG UK: Lapping strong comparator Germany: Poor weather impacted ice cream sales Italy and Spain: Good growth but remain below pre-Covid levels France: Retail environment remains deflationary 23#24Unilever Cost inflation pressures Q4'19 price is Index 100 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 - Brent Crude -Resin Plastics Managing Inflation Soybean Oil - N. America Transport 211 182 166 Q2'21 Q3'21 -Palm Oil 136 116 ● 0.3% ● 1.0% Landing Pricing 1.6% FY '20 Q1 '21 Q2'21 Q3 '21 Savings Hedging Buying efficiencies 4.1% ● ● ● ● List price Mix Promotion Pack size Trade term Understanding Elasticity ↑↓ Differs by category and market Relative price is key 24#25Unilever Outlook Full year USG well within our 3-5% multi-year framework Full year UOM around flat 25#26Unilever Q3 2021 Trading Statement Alan Jope & Graeme Pitkethly 21st October 2021 CLEAR 清扬 男士 头皮劲活专研 去黄洗发露 X 辣向時 HAR ARBET CLEAR |清扬 男士 头皮劲活专研 去爱资发型 主功效 劲护愛型 CLEAR 扬男士 头皮劲活要翻 去爱洗发露 保 控油分子 爽控油型 CLEAR 清扬 男士 头皮劲活专研 市连发现 U Unilever 劲 去元 L