Investor Presentaiton

MY STARTING POINT FACING THE REALITY BUT... WE OPERATE IN HEALTHY, ON-TREND AND GROWING CATEGORIES WE HAVE A STRONG PORTFOLIO OF BRANDS AND ASSETS WE HAVE A UNIQUE HERITAGE WE HAVE UNDERPERFORMED OUR CATEGORIES AND PEERS WE LACKED CONSISTENCY IN GUIDANCE AND DELIVERY OUR ORGANIZATION AND DISCLOSURE HAVE BEEN UNSTABLE DIAGNOSIS 5

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