Investor Presentaiton

Latest directives by State Council poised to change China IF/GUM landscape Milk Farm/ Source Manufacturing Import Self controlled / own milk source Pharma GMP; 3rd party manufacturing discouraged New factory certification and registration requirements Channel Industry Consolidation 2028 S-26 Progress GOLD 金裝品 From 128 to 50 companies with sales of RMB 5 bio by 2018 Source: Ministry of Industry and Information Technology Electronic tracking system, drug store channel pilot 9 | September 30th, 2013 | Nestlé Investor Seminar 2013 Nutrition Nestle

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