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Investor Presentaiton

$ Future (2021 - 2025) Efficiencies in operations Driving efficiencies as a fuel for growth Organizational agility & new capabilities Past (2016-2020) New head offices in US and Brazil • Organization redesign of PetCare North America • Media consolidation in Latin America, including programmatic ⚫ Flawless integration of Starbucks & divestment of US confectionery and ice cream • Exiting company-owned Frozen DSD in the US . Relentless • focus on cost • Continuous focus on digital transformation 9 February, 19 2021 CAGNY • From >15 IT organizations to 2 Shared service centers ⚫ Standardization of specifications for raw and packaging materials • Digital transformation • Adjusting businesses most affected by Covid-19 → Out-of-home Standardization of specifications for raw and packaging materials . Digital transformation Connected factory • Connected supply chain • Consumer data architecture • Strategic revenue management • Intelligent enterprise Zone Americas is the largest contributor to structural cost reduction of the Group Nestle Good food, Good life
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