Investing for Growth

And fuel that through price, mix and increased savings Unilever Underlying price growth Pricing quickly and responsibly 11.2 12.5 UPG% 8.3 4.9 4.1 Q3'21 Q4 Q1'22 Q2 Q3 Price carry-over into 2023 Mix & SKU reduction Savings Simplifying for growth Productivity experts 20% €2bn €2-2.5bn p.a. p.a. SKU reduction Better service, lower costs, more cash 2022 2023+ UL Business Operations and new organisation 14

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