Growth Strategy

Unilever’s growth strategy

Patrick Cescau
Group Chief Executive

Richard Rivers
Head of Strategy

Safe harbour statement
This presentation may contain forward-looking statements, including ‘forward-looking statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Group. They are not historical facts, nor are they guarantees of future performance. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. Further details of potential risks and uncertainties affecting the Group are described in the Group’s filings with the London Stock Exchange, Euronext Amsterdam and the US Securities and Exchange Commission, including the Annual Report & Accounts on Form 20-F. These forward-looking statements speak only as of the date of this presentation.

1

Path to Growth
• Achieved a lot brand focus global buying operating margins capital efficiency

• But failed to transform growth performance

A new business model

clear growth strategy

aligned organisation

disciplined execution

2

Market Weighted Growth peers relative to Unilever
+3.2%

stronger market growth

+1.3% +1.0% +0.8%

Unilever
=

weaker market growth
-1.4% -2.4%

-0.2% -0.3% -0.4%

Source: Euromonitor, Unilever estimates

Exposure to D&E
Unilever and peers
Unilever HPC
42% 57%

Unilever Total Business
32% 29%

41%

Unilever Food

29% 27% 25% 24% 24% 21% 16% 12%

Source: Company reports, Unilever estimates

3

Exposure to Europe
Unilever and peers
73% 67% 62% 52% 51%

Unilever Foods Unilever Total Business
38% 39% 36% 34%

49%

Unilever HPC

25% 24% 20%

Source: Company reports, Unilever estimates

Global leadership, local strength

high

global share