Nestlé Full-Year Results 2022

Temporary increase in working capital expected to reverse Working capital as a % of sales, calculated on a 5-quarter average 1.6% 1.4% 2017 0.6% 0.1% 0.0% 1.9% 2018 2019 2020 2021 2022 * 2017 restated to reflect IFRS 15 and IFRS 16 43 February 16, 2023 Nestlé full-year results 2022 Nestle Good food, Good life

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