Nestle Results Presentation Deck

Key messages 4 ● ● ● ● ● - Strong broad-based organic sales growth of 8.7% Strong pricing of 9.5%, reflecting significant input cost inflation Resilient RIG of -0.8%, impacted by portfolio optimization and remaining capacity constraints Generating resources and investing for growth Gross margin up 110 basis points vs. the second half of 2022 Marketing investment up 50 basis points vs. the second half of 2022 Underlying trading operating profit margin up 20 bps to 17.1% Strong underlying earnings per share growth of 11.1% in constant currency Free cash flow increased by CHF 1.9 billion to CHF 3.4 billion, mainly reflecting lower inventory levels July 27, 2023 Nestlé half-year results 2023 Nestle Good food, Good life

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