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Investor Presentaiton

Ferrero Group Sustainability Report 2022 Introduction Our sustainability progress Our reporting F In the fiscal years 2019/2024 and 2020/2125, we included in our disclosures the volumes of packaging used in new plants 26 that were the result of completed acquisitions of new factories and full integration in ways of working and data-management systems. Other more-recent acquisitions will be included year in this remit in the coming years. As a consequence, our total plastic packaging volume is likely to increase, compared to a baseline of 2019/20, when we considered fewer plants in our calculations. We will monitor our progress towards our reduction targets, taking into consideration a constant specification, to maintain consistency with the initial baseline. What have we achieved? We continue working to reduce the use of virgin plastic by using 100% recycled content in PET bottles. In fiscal year 2021/22 a new metric to measure sustainability packaging progress was introduced. Packaging designed to be recyclable enables Ferrero to show progress on efforts taken to better design our packaging that is not immediately considered as recyclable 'in practice and at scale'. 24. Bloomington (US) and Franklin Park (US). 25. North Canton (US). 26. North Canton (US), Bloomington (US) and Franklin Park (US). Materials used for packaging applications (2021/22) 17.3% Rigid plastic 5,7% Flexible plastic 1.3% Metals 1.3% Other 39.8% Paper & board Percentage of recycled materials in packaging Renewable materials in packaging Recyclable, reusable or compostable packaging 28 Packaging designed to be recyclable29 Recycled content in plastic packaging29 27. Data includes North Canton (US), Bloomington (US) and Franklin Park (US). 28. 100% by weight goal by 2025, for the overall packaging volume. 29. 12% by weight goal by 2025, for the plastic packaging volume. 34.6% Glass 35 (Extended scope) 27 FY 2020/21 FY 2021/22 35.4% 35.4% 39.6% 40.2% 83.1% 83.2% not tracked 88.5% 4.0% 4.3% <
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