Nestle Investor Event Presentation Deck

Expecting positive impact on RIG / OG of 20 bps as from 2023 9 November 29, 2022 SKU optimization, not just rationalization CUT THE TAIL Eliminate Slow rotation, low margin SKUs 34% of SKUs - 1% of sales 2022-2023 + GROW THE HEAD Accelerate Fast rotation, high margin SKUs and innovations 11% of SKUs - 80% of sales 2023-2024 1 Nestlé investor seminar 2022

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