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Investor Presentaiton

Rapid urbanisation and household incomes increase China Urbanisation Trend %, 2008-2018E Disposable income per capita USD 52% 51% 50% 47% 46% 57% 12-'18 CAGR: +13% 2,691 2,321 1,887 1,455 1,642 5,477 2008 2009 2010 2011 2012 2018E 2008 2009 2010 2011 2012 2018E More working mothers with growing income Source: China Statistic Bureau, Economist, McKinsey 5 | September 30th, 2013 | Nestlé Investor Seminar 2013 Nutrition Nestle
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