#1Unilever Q1 2023 Trading Statement ALAN JOPE & GRAEME PITKETHLY 27 APR 2023 Unilever Dove deep moisture nourishes the drinkin nouns la peau la plus séche och nesh networporel 24Hr Renouvellement MicroMoisture 200S FL02500 86% 24hr Renewing More LESS PLASTIC REFILL FOR DILUTION Persil ecorefill bio by Persil LEVER water +(600ml- 44 NNS HT MAR LMANN'S T.1913 NAISE REAL Free Range Eggs sustainably sourced oils ommitted to 68879614 58 A 53 Per portion (14g Latarates 110% 5- 160 sebes Ka PIZO $50 1979/ 724kcal ello 750ml ornello CLASS Cornetto Cornetto PETER 979 SICC fann Ex 100 professional-grade skin care by The International Dermal Inst per cream 128 phyto natu oxyger with hyd phytoa ya et contratant + Busuu DELIC ouJO 41500 Bulut d moisturizer hydratant liquid tant liquide liftant of raffermissant 7 US FL OZ/50 ml e CLASSIC#2Unilever Safe harbour statement This document 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 Russia/Ukraine war. 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 2022 and the Annual Report on Form 20-F 2022. 2#3Unilever Q1 2023 Trading Statement ALAN JOPE Sunlight CONTAINS CALCIUM PROTEIN IRON CALLY CLINIC JERUK NIPIS 100 AN LEMA RSIHKA 10x LEBIH CEPAT Cairan Pencuci Piring MILLET Chocolate Horlicks TALLER PROVEN STRONGER SHARPER NUTRAFOL WOMEN'S BALANCE HAIR GROWTH NUTRACEUTICAL NETARY SUPPLEMENT la P NUTRAFOL POSTPARTUM HAIR GROWTH NUTRACEUTICAL 120 CAPSULES D DIETARY SUPPLEMENT NUTRAFOL WOMEN HAIR GROWTH NUTRACEUTICAL WHEN INTERNATOR ITS INTERCONTINENTIERES DETARY SUPPLEMENT 120 CAPSULES CD MAGNUM 4719 O M MAGNUM VEGAN KA ANY WOR SAN VEGA NDULG VEGAN CLASSIC M MAGNUM VEGAN M NUM * VEGAN CLASSIC Dove 多芬高浓水润氨基 ASED Dove 多芬密集修护氨基酸发膜 ULTRACARE 有效修护脆弱易断/烫染受损发质 NT BAS INDULGEN VEGAN CLASSI#4Unilever Good start to the year, growth driven by strategic priorities Double-digit growth, broad-based Improved volume performance, price growth remained elevated Growth driven by biggest brands and strong innovation Executing well through new organisation#5Unilever Improved volume growth, price growth remained elevated Q1 growth 10.5% Underlying sales growth 10.7% (0.2)% UPG UVG Price and volume UPG 8.3% 11.2% (1.0)% UVG 12.5% (2.1)% (1.6) % 13.3% (3.6)% 10.7% (0.2)% Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Competitiveness 48% % Business Winning MAT¹ ¹Moving Annual Total / Last 52 weeks 5#6Unilever Continued progress in line with strategic priorities Win with brands and innovation 14 €1bn+ brands 54% of turnover 12% Q1 USG Move portfolio into high growth spaces Nine quarters of double-digit growth for Prestige and Health & Wellbeing Suave exit Accelerate USA, India, China and EMs Q1 USG Emerging markets 8.0% 11.3% 1.8% 11.7% Lead in channels of the future 15% dCom % TO 15% dCom Q1 USG 6#7Unilever Future-fit organisation enabling disciplined execution Beauty & Wellbeing Dove sunsilk LIQUIDIV Fueling Life's Adventures dermalogica Unilever Corporate Centre Personal Care Dove Rexona AXE Signal Home Care Nutrition XOMO Sunlight Comfort Horlicks Cif Knorr HELLMANN'S Brooke Bond er Your Semes Unilever Business Operations Ice Cream M MAGNUM BEN&JERRY'S Cornetto Prioritisation and speed of execution Speed of SKU rationalisation Reset of business models Business Group-led procurement 7#8Unilever Innovation driving growth in our big brands Breakthrough nanotechnology NEW moisturisation Dove LEARN MORE deep moisture NEW! DELICIOUSLY SPICY 100% HELLA Dove L s 24 hours of silky-soft skin now from your shower Our best ever Dove Body Wash, with millions of moisturizing microdroplets. 24hr Renewing MicroMoisture Hellmann's Extension into fast-growing intense flavour segment Let's Change Beauty NEW HELLMANN'S SPICY MAYONNAISE DRESSING MEDIUM Made w Richard Nith 11.3 FL. 02 (340ml) Omo Winning formula in plastic-free packaging PLASTIC FREE BOX Xpersil 3IN1bio CAPSULES ALL NEW OUTSTANDING STAIN REMOVAL EVEN IN COLD WASHES our FASTEST dissolving capsule Magnum Continued premiumisation and indulgence MAGNUM true to pleasure STARCHASER & SUNLOVER PLEASURE IS ALWAYS ON Rexona Rexona Superior market-leading technology NEW CLINICALLY PROVEN NEW w tenta CLEAR CLEAR Clear Premium range with proven active Dynoxidil HAIR FAL HAIR FALL RESIST SHAMPOD CLEME CONDITIONER REDUCED HAIR FALL IN ONE MONTH spre CLEAR HAIR FALL 72H NONSTOP PROTECTION KEEPS WORKING WHEN OTHERS STOP It Won't Let You Down. CLEAR Univer Rexona Rexona CLEAR "VS REGULAR 48H ANTIPERSPIRANT DRY SPRAY NEXT GEN TECHONOLOGY DYNOXIDIL CLEAR 8#9Unilever Q1 2023 Trading Statement GRAEME PITKETHLY Sunlight CONTAINS CALCIUM PROTEIN IRON CALLY CLINIC JERUK NIPIS 100 AN LEMA RSIHKA 10x LEBIH CEPAT Cairan Pencuci Piring MILLET Chocolate Horlicks TALLER PROVEN STRONGER SHARPER NUTRAFOL WOMEN'S BALANCE HAIR GROWTH NUTRACEUTICAL NETARY SUPPLEMENT la P NUTRAFOL POSTPARTUM HAIR GROWTH NUTRACEUTICAL 120 CAPSULES D DIETARY SUPPLEMENT NUTRAFOL WOMEN HAIR GROWTH NUTRACEUTICAL WHEN INTERNATOR ITS INTERCONTINENTIERES DETARY SUPPLEMENT 120 CAPSULES CD MAGNUM 4719 O M MAGNUM VEGAN KA ANY WOR SAN VEGA NDULG VEGAN CLASSIC M MAGNUM VEGAN M NUM * VEGAN CLASSIC Dove 多芬高浓水润氨基 ASED Dove 多芬密集修护氨基酸发膜 ULTRACARE 有效修护脆弱易断/烫染受损发质 NT BAS INDULGEN VEGAN CLASSI#10Unilever Underlying sales growth 10.5% USG First Quarter (0.2)% UVG 10.7% UPG • Price growth remained elevated • Improved volume performance ● • Continued broad-based growth across all Business Groups USG UPG UVG 7.3% Q1'22 8.8% Q2'22 10.6% Q3'22 9.2% Q4'22 10.5% 10.7% (0.2)% Q1'23 10#11Unilever ● ● USG UPG UVG Beauty & Wellbeing 9.5% 7.4% 10 Q1'22 Q2'22 6.7% Q3'22 7.7% Q4'22 9.3% 6.5% 2.6% Q1'23 Prestige Beauty and Health & Wellbeing continued to grow double-digit Hair Care grew high single-digit driven by Sunsilk, TRESemmé, Clear, and Nexxus Core Skin Care grew mid single-digit driven by South Asia and SEA, partially offset by decline in North Asia 9.3% USG NEW 2.6% UVG CLINICALLY PROVEN USTAFFAN CLEAR SCALPCEUTICALS": HAIR FALL RESIST SHAMPOO 6.5% UPG 11#12Unilever USG UPG UVG Personal Care 6.8% Q1'22 6.7% Q2'22 8.9% Q3'22 9.1% Q4'22 12.7% 9.4% 3.0% Q1'23 • Deodorants volume grew double-digit, helped by recovery in service levels and associated pipeline refill • Skin Cleansing performed well driven by Latin America and South Asia ONSTOP ONSTOP OTECTION TECTION H RINGE UNBEATAB UNBEATA UNBEATAB UNBEATABL UNBEATABLE UNBEATABLE UNBEATABLE ure ure ure Sure Sure Sure Sure BGHT UQUET INGENSE RIGHT OUQUET at You Down ONSTOP NONSTOP NONSTOP OTECTION PROTECTION PROTECTION ONSENSE BRIGHT BOUQUET PERSPIRANT Let You Down. 12H MOTION SENSE 12.7% USG BRIGHT BOUQUET ANTI-PERSPIRANT Won't Let You Down. 12H MOTION SENSE COTTON DRY ANTI-PERSPIRANT 3.0% UVG It Won't Let You Down. NONSTOP NONSTOP PROTECTION PROTECTION 72H +MOTION SENSE COTTON DRY ANTI-PERSPIRANT It Won't Let You Down. 9.4% UPG 72H MOTION SENSE COTTON DRY ANTIPERSPIRANT Won't Let You Down 12#13Unilever ● USG UPG UVG Home Care 9.2% Q1'22 12.2% Q2'22 13.6% Q3'22 12.3% Q4'22 10.2% 13.4% (2.8)% Q1'23 Fabric Cleaning grew double-digit with capsules and liquids benefitting from premiumisation Fabric Enhancers grew high single-digit, with Comfort performing well in Latin America and Turkey • Home & Hygiene growth stepped up to mid single- digit, supported by good growth from Domestos Domestos SCENT BOOSTER 10.2% USG 300 YEDENES LIME NEW (2.8)% UVG FRESHER. CLEANER. ALWAYS. 00 13.4% UPG 13#14Unilever USG UPG UVG Nutrition 6.2% Q1'22 7.0% Q2'22 11.8% Q3'22 10.1% Q4'22 11.9% 13.4% (1.3)% Q1'23 • Dressings delivered another quarter of strong price-driven growth and positive volume, led by Hellmann's • Unilever Food Solutions grew double-digit with China recovering throughout the quarter www HELLMANN'S 11.9% (1.3)% 13.4% USG UVG UPG & Aty Tw Fo Pro Now Xuntet HELLMANN'S EST.1913 REAL MAYONNAISE 100% free range r Committed to sustainably sourced le 14#15Unilever USG UPG UVG Ice Cream 7.1% Q1'22 9.5% Q2'22 13.2% Q3'22 2.9% Q4'22 6.0% • In-home grew low single-digit and volumes declined, impacted by private label 10.5% (4.1)% Q1'23 • Out-of-home grew double-digit through price and volume, continuing to show low price elasticity (М 6.0% USG 3 (4.1)% UVG M MAGNUM DOUBLE STARCHASER CHOCOLATE, TOFFEE SAUCE. POPCORN FLAVOUR 10.5% UPG 15#16Unilever USG UPG UVG USG UPG UVG Regional growth by quarter 9.1% Q1'22 9.8% Q1'22 Asia Pacific Africa €7bn TO 9.0% Q2'22 16.8% Q2'22 12.5% Q3'22 Latin America €2bn TO 17.6% Q3'22 10.7% Q4'22 15.0% Q4'22 9.9% 9.5% 0.3% Q1'23 18.7% 18.4% 0.2% Q1'23 8.5% Q1'22 0.7% Q1'22 8.9% Q2'22 4.6% Q2'22 North America €3bn TO 8.3% Q3'22 Europe €3bn TO 5.4% Q3'22 5.7% Q4'22 5.5% Q4'22 8.1% 7.2% 0.9% Q1'23 9.2% 12.6% (3.0)% Q1'23 16#17Unilever Q1 2023: Turnover growth €13.8bn Q1 2022 (0.2)% UVG USG 10.5% 10.7% UPG +7.0% 0.7% A&D (2.8)% Acquisitions (3.5)% Disposals (0.4)% Currency* €14.8bn Q1 2023 * Currency includes both exchange rates changes impact of (2.1)% and extreme price growth in hyperinflationary markets impact of 1.8%. 17#18Unilever 2023 outlook: growth remains the priority Priorities Continue growth momentum in new operating model Invest for growth Maintain cost and savings discipline Guidance Underlying sales growth at least at the upper end of our multi- year range of 3 - 5% Improved volume performance compared to 2022 Increased levels of investment in BMI, R&D and Capex Underlying operating margin (UOM) in H1 will be at least 16% Modest improvement in UOM for the full year 18#19Q&A Unilever Dove deep moisture nourishes the drinkin nouns la peau la plus séche 86% och nesh networporel 24Hr Renouvellement MicroMoisture 200S FL02500 24hr Renewing More LESS PLASTIC REFILL FOR DILUTION Persil ecorefill bio by Persil LEVER water +(600ml- 44 NNS HT MAR LMANN'S T.1913 NAISE REAL Free Range Eggs sustainably sourced oils ommitted to 68879614 O A 53 Per portion (14g Latarates 110% 5- 160 sebes Ka PIZO $50 1979/ 724kcal ello 750ml ornello CLASS Cornetto Cornetto PETER 979 SICC 1305 Vi x 100 professional-grade skin care by The International Dermal Inst per cream 128 phyto natu oxyger with hyd phytoa ya et contratant + Busuu ouJO DELIC 41500 Bulut d moisturizer hydratant liquid tant liquide liftant of raffermissant 7 US FL OZ/50 ml e CLASSIC