Unilever at Bernstein Strategic Decisions Conference

Amanda Sourry, President Foods

21 September, 2016

Focussed Balanced

Strong and focussed portfolio

Source: internal Unilever reporting

Savoury

Dressings

Spreads

Other

Developed

D&E

In-Home & Out-of-Home

Foods Retail

2015 T/O by Business

Glocal Brands

Winning with global and local brands

Source: AC Nielsen (July’16), internal Unilever ReportingFC

Competitive Growth

39.4%

39.8%

40.4%

2014 2015 YTD

Global Value Share, %*

*geographies / categories we compete in

Strong Momentum

>60%of T/O gaining share

Regaining Growth Momentum

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

'13 Q1 '13 Q2 '13 Q3 '13 Q4 '14 Q1 '14 Q2 '14 Q3 '14 Q4 '15 Q1 '15 Q2 '15 Q3 '15 Q4 '16 Q1 '16 Q2

USG, %

Total Foods Foods excl BCS

NB: USG re-calculated at 2015 exchange rates

Clear category role

Step up profitabilityScale household care

Grow the coreBuild premium

Accelerate growthStrong cash flow

Grow Ice Cream cashAccelerate tea

Foods Macro Trends shaping the future

Our Strategy

Preserve ValueModernise PortfolioAccelerate D&E

Unilever Sustainable Living Plan

Speed – Agility – Cost Discipline

Key Highlights

Renovation and Innovation

Brands with Purpose

BCS remains challenging… with some ‘green shoots’

Innovation and renovation Improvement in the US

Summary

• Strong focussed portfolio

• Accelerating growth in D&E

• Modernising portfolio

• Building brands in a Connected World

• Still challenges in BCS

• Corporate ZBB and C4G programmes are key enablers

Unilever at Bernstein Strategic Decisions Conference

Amanda Sourry & Graeme Pitkethly

21 September, 2016