Trian Partners Activist Presentation Deck

Nelson Will Add Significant CPG Experience to the Board ▪ Nelson has had a long history of working with both small and large multi-national CPG companies, as a Director, executive, and highly engaged shareowner ▪ P&G's 10 independent Directors, on the other hand, have had almost no CPG experience outside of P&G Mondelēz. International Cadbury pepsi Nelson Peltz Snapple Stewarts ROOT BEER KRAFT DR PEPPER SNAPPLE GROUP Heinz RC cola Mistic CPG Experience DANONE P&G Board (Excluding CEO) P&G KRAFT James McNerney: Employee for 3 years (1975-1978) Scott Cook: Employee for 4 years (Pre 1983) Meg Whitman: Employee for 2 years (1979-1981) Terry Lundgren: Board member (2012-2015) - 80 -

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