Investor Presentaiton

Weak performance in Indonesia • • Sales dropped by 12% (constant currency); sales decline excluding Hygiene (Saniter) was 4% (constant currency) We continued to reduce stocks with channel partners, resulting in nearly flattish growth on sell-outs during the quarter EBITDA margins at 15.3%, decreased by 810 bps year-on-year due to higher commodity inflation, upfront higher marketing investments, high hygiene comparator and scale deleverage Continue to put building blocks in place to drive category development and general trade distribution expansion Stella Fresh + Protect Pocket 35 Wipes mitu GANTI POPOK baby mitu GANTI POPOK baby Wipes Accompanying you on meaningful moments AD

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