Nestle Investor Event Presentation Deck
Significant value creation through M&A
20
First 3 years
Achieving or exceeding
acquisition plan on top- and
bottom-line
VITAL PROTEINS
Zenpep
Our M&A scorecard
reviewed on an annual basis
X Palforzia
Defatted powder of
Arachis hypogaea L., semen (peanuts)
THE
BOUNTIFUL
COMPANY
+
freshly
Mid-term
ROIC > WACC
in 5 - 7 years
ATRIUM
INNOVATIONS
For transactions > CHF 0.5 bn between 2018-2021
Value created calculated at lower multiples than at acquisition applied to 2022 EBITDA, plus tax savings and with conservative impairment scenario for Palforzia
November 29, 2022
Outcome
83%
of transactions by value
achieving or exceeding
acquisition plans
CHF 7 - 9 bn
of value created over
acquisition price
(11% -13% annual return)
4
Nestlé investor
seminar 2022View entire presentation