Unilever Investor Conference Presentation Deck

Unilever GM (bps) UPG% NMI¹ (€bn) Looking forward: Unprecedented inflation, margin recovery expected (150) 100 (30) (160) 30 110 10 80 50 60 7.2% Margin to be restored after 2022, with the majority coming back in 2023 2.4 4.8% 1.4 3.3% 0.6 50 30 (55) (120) Includes Covid costs & mix (90)bps headwind 1.6% 0.2 0.3% 0.1 2.9% 1.3 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 ¹Net Material Inflation = market inflation post impacts of hedging, procurement actions, product reformulations and currency movements 3.6 2022 10

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