Nestle S.A.SIX: NESN

Update on Nestlé’s operations in Russia

· Issued by Nestle S.A.

Summary by 6ix AI

A Russian presidential decree, published the day before Nestlé's statement, places Nestlé Russia under temporary external administration. Nestlé says it is assessing the situation and its options.

Key details

  • Nestlé says it is committed to taking all necessary steps to protect its rights and ensure continuity of business operations, particularly for its employees.

6ix AI wrote this summary from the release below and checked it against the release.

[Ad hoc announcement pursuant to Art. 53 LR]

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Update on Nestlé’s operations in Russia

Nestlé takes note of Russia's presidential decree, published yesterday, that places Nestlé Russia under temporary external administration. The company is assessing the situation and its options.

Nestlé is committed to taking all necessary steps to protect its rights and ensure continuity of business operations in the interests of all stakeholders, particularly its employees.


Contacts:

Media:
Christoph Meier  Tel.: +41 21 924 2200
[email protected]

Investors:
David Hancock  Tel.: +41 21 924 3509
[email protected]


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