Unilever Plc · LSE:ULVR

Unilever — Merger or Acquisition (March 2018)

14 slides from Unilever's merger presentation, Mar 15, 2018

  1. Slide 1: Building the Unilever of the future

    Building the Unilever of the future Marijn Dekkers / Graeme Pitkethly 15th March 2018

  2. Slide 2: Safe Harbour Statement

    SAFE HARBOUR STATEMENT Where relevant, these actions are subject to the appropriate consultations and approvals. This document may contain forward-looking statements, including ‘forward-looking statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995. Word

  3. Slide 3: Marijn Dekkers

    Marijn Dekkers We

  4. Slide 4: Recent major changes in Unilever

    Recent major changes in Unilever 2005 2011 2014 2016 One Unilever 8 Clusters, 4 Categories Category Focus Connected 4 Growth Country Category Business Teams Consolidating companies Optimising the Category Sharpening strategies at Driving further speed and into one entity at local and go-to-market gl

  5. Slide 5: The next steps in continuous transformation

    The next steps in continuous transformation Three empowered Divisions driving performance Simplification of corporate structure Beauty & Home Foods & Personal Care Care Refreshment NV New NV PLC London London Rotterdam • Direct connectivity to key markets • Greater flexibility for strategic portfoli

  6. Slide 6: Three empowered Divisions equipped to drive performance

    Three empowered Divisions equipped to drive performance Beauty & Home Foods & Personal Care Care Refreshment €21 bn €11 bn €20 bn*  Brand, channel, innovation and portfolio strategy  In-year performance management  Consumer insight, R&D, advertising  Set geography growth and profit targets  Sup

  7. Slide 7: Corporate structure simplification

    Corporate structure simplification Current Proposed New NV NV Equalisation agreement PLC 55%* 45%* 100% Unilever Group Unilever Group *Percentage of the group’s combined ordinary share capital, calculated by reference to the total number of issued ordinary shares of N.V. and PLC (excluding treasury

  8. Slide 8: Stronger corporate governance

    Stronger corporate governance Continue Improvements  UK & Dutch governance codes  Cancellation of high-voting preference shares  Closure NV Trust Office* and termination  UK, Dutch, US listing rules depositary receipt structure  Implement 5%+5% non pre-emption rights  Annual re-election of dir

  9. Slide 9: Graeme Pitkethly

    Graeme Pitkethly WK

  10. Slide 10: How simplification will be achieved

    How simplification will be achieved Current Proposed NV PLC New NV  One new ordinary share, in New NV, for all existing NV and PLC shareholders Market Cap 55% 45% 100% Amsterdam Amsterdam London  This will occur via: Listings London New York New York New York • A UK scheme of arrangement for PLC E

  11. Slide 11: Indicative timeline

    Indicative timeline March ‘18 announcement of End Q4 ’18 – Anticipated proposal implementation May ‘18 – PLC and NV AGMs Min 6 month implementation period EGMs, shareholder votes Q3 ‘18 – Circulars sent to shareholders 11

  12. Slide 12: A Unilever that combines scale with agility

    A Unilever that combines scale with agility Small Corporate Centre Beauty & Personal Care Home Care Foods & Refreshment CCBTs* CCBTs* CCBTs* Local go-to-market operations Procurement / Business services / Data and Digital capabilities *Country Category Business Teams 12

  13. Slide 13: The next steps in the transformation

    The next steps in the transformation  Simpler  Increased strategic flexibility  Stronger corporate governance  Stronger performance 13

  14. Slide 14: Building the Unilever of the future

    Building the Unilever of the future Marijn Dekkers / Graeme Pitkethly 15th March 2018

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