Diageo Results Presentation Deck

DELIVERING SUSTAINABLE LONG-TERM GROWTH Strong improvement in operating margin despite increased cost inflation and upweighted marketing Movement in organic operating margin 147bps 33.1% H1F21 DIAGEO 20 | Interims Results Fiscal 22 Gross margin (92)bps Marketing 76bps Other operating items 34.4% H1 F22 Source: H1 F22 Diageo internal information

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