Nestle Investor Event Presentation Deck

Clear capital allocation priorities 12 ● Investing behind: Marketing Capex R&D ● Deploying capital for profitable growth ● Organic growth Sustainability Digitalization November 29, 2022 M&A ● Strategic, cultural and financial fit • Execution discipline • ROIC > WACC Returning capital to shareholders Dividend Practice of year-on- year dividend increase in CHF ● Share buybacks Use of excess cash 3 Nestlé investor seminar 2022

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