Nestlé Full-Year Results 2022

Return on invested capital Before goodwill and intangible assets* 33.9% 30.6% After goodwill and intangible assets* 11.4% 9.1% 12.1% * 2017* 2018 41.1% 41.7% 38.8% 39.4% 14.7% 14.2% 14.3% 13.1% 12.3% ☐ 12.2% 12.2% 2019 2020 2021 2022 * Restated to reflect implementation of IFRS 15 and IFRS 16 in 2017. ** Excludes impairment of Nestlé Skin Health in 2017, Yinlu in 2019, Wyeth in 2021 and Aimmune and Freshly in 2022 30 February 16, 2023 Nestlé full-year results 2022 Excludes major impairments (predominantly relating to businesses sold) As reported ** Nestle Good food, Good life

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