Investor Presentaiton

Nestlé 2023 Half-Year Results Thursday 27th July 2023 I think we have the good fortune of having François fully committed and engaged. I also wanted to take this opportunity to thank François for his significant contributions that are still ongoing, as you see from how engaged is in this call today. François has been not only making wonderful contributions to the F&C function, but also he was and is a very strong thought partner to me and worked side by side with me now for more than 6 years as we improve growth and profitability of the company and go through significant portfolio transformation. And so I am very grateful for that, very grateful for his flexibility, but also would like to underscore that I'm very much looking forward to working with Anna Manz our new CFO. This has been a very thorough search process and had many in-depth conversations with her and came away thinking that here is someone that has superb financial credentials, very deep consumer goods knowledge, and also a very strong operational and strategic focus. Luca Borlini, Nestlé S.A, Head of Investor Relations: The last question is from Pascal Boll at Stifel. Questions on: Pascal Boll, Stifel : Effect of potential aluminum ban on Nespresso Slowdown in Q2 RIG in Confectionery Two questions for me. First one would be on Coffee and potential aluminum ban for Nespresso capsules? Is there any update on what kind of or how intense do you see the risk for that your business? And then my second question on Confectionery when I was looking at the numbers, I was a little bit astonished by the slowdown in RIG in Q2 against a similar base as Q1 last year. However, RIG was or seems to be down in Q2. What are the reasons for that? Mark Schneider, Nestlé S.A. Chief Executive Officer: Let me address the EU first. I think it's too early to speculate here on the final outcome of the proposed legislation, and we fully support the objectives of the European Commission's Packaging Waste Regulation proposal, and now of course we need to see that all of this gets done in a productive way that allows good choices and, for whatever the choices are, sufficient adjustment times. As you know, we also made sufficient investments here in technologies that will allow us to comply with the future rules going forward. 26

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