Value Creation and Strategic Directions

How climate action is integrated into Nestlé long-term strategy Operating model: evolving the Virtuous Circle Financial performance drivers and metrics Integrated sustainability performance drivers and metrics Structural cost control CO2e reduction Contributing to better diets Underlying TOP margin improvement 10 November 15, 2023 CECP Consumer relevant innovation Sustainability investment GENERATE RESOURCES INVEST IN GROWTH FOR GOOD Brands with Purpose CAPEX ONE TEAM GROW SHARED VALUE EARN TRUST TO WIN Brand trust, corporate reputation Increased competitiveness Organic growth and share gains Nestle Good food, Good life

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