Nestle Results Presentation Deck

Inflation more than offset pricing, growth leverage and efficiencies 17.4% 26 Underlying TOP FY-2021 * Gross margin = Sales - cost of goods sold February 16, 2023 -260 bps Margin -30 bps on a reported basis and -40 bps in constant currency Gross margin* +20 bps Nestlé full-year results 2022 +210 bps Distribution Administration, marketing, R&D 17.1% Underlying TOP FY-2022 Nestle Good food, Good life

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