ABOUT UNILEVER

INTRODUCING UNILEVER

Updated: 12.03.2015

PURPOSE

This presentation is an introduction to Unilever, providing an overview of the company strategy, yearly performance and key information about its brands, categories and people.

Content is updated annually in line with the Annual Report (released on 6 March 2015) and Unilever Sustainable Living Plan progress report (released towards the end of April). In addition, regular updates will be made throughout the year.

The information in this presentation is cleared for external use. Please download, add to or delete information and tailor to your needs.

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ABOUT UNILEVER

Unilever is one of the world’s leading suppliers of fast-moving consumer goods.

Our products are sold in over 190 countries and used by 2 billion consumers every day.

OUR PEOPLE

We aim to create an environment in which all employees can fulfil their potential.

Unilever is one of the world’s most culturally diverse companies.

BUSINESS WITH PURPOSE

Our purpose is to make sustainable living commonplace.

We work to create a better future every day, with brands and services that help people feel good, look good and get more out of life. Our first priority is to our consumers – then customers, employees, suppliers and communities.

When we fulfil our responsibilities to them, we believe that our shareholders will be rewarded.

SUSTAINABLE GROWTH

Our core purpose to make sustainable living commonplace is a clear expression of what we believe to be the best long-term way for Unilever to grow and is the heart of our business model.

Launched in 2010 , the Unilever Sustainable Living Plan (USLP) is our blueprint for sustainable growth. It is helping to drive profitable growth for our brands, save costs and fuel innovation.

OUR COMPASS STRATEGY

Our vision is to double the size of the business, whilst reducing our environmental footprint and increasing our positive social impact.  The Compass identifies what we must do to win share and grow volume in every category and country and is designed to help us navigate our way to sustainable growth

FAST FACTS - 2014

€1 BILLION INVESTED IN R&D

WORLDWIDE

190COUNTRIES IN WHICH OUR PRODUCTSARE SOLD

TURNOVER OF €48.4

BILLION AT END OF 2014 EMPLOYEES

AT THE END OF THE YEAR

172,000

EMERGING MARKETS NOW REPRESENT

57% OF TURNOVER

STRATEGIC FOCUS

OUR BUSINESS MODELSUSTAINABLE LIVING The differentiator in our business model is our Unilever Sustainable Living Plan and the goal of sustainable living.

OUR BRANDSStrong brands and innovation are central to our ambition to double in size.

OUR OPERATIONSWe aim to develop innovative products that address different consumer needs at different price points.

OUR PEOPLE Sustainable, profitable growth can only be achieved with the right people working in an organisation that is fit to win.

UNILEVER’S GROWTH PRIORITIES

Our ambition is to win share and grow volume in every category and country.

WINNING WITH BRANDS AND INNOVATION

BUILD STRONGER

BRANDS

DEVELOP BIGGER, BETTER, FASTER INNOVATIONS

BUILD MARGIN ENHANCING INNOVATION

UNILEVER’S GROWTH PRIORITIES

Our ambition is to win share and grow volume in every category and country.

WINNING IN THE MARKETPLACE

LEAD MARKET DEVELOPMENT - REACH UP, DOWN AND WIDE

WIN WITH WINNING CUSTOMERS AND CHANNELS

BE AN EXECUTION POWERHOUSE

UNILEVER’S GROWTH PRIORITIES

Our ambition is to win share and grow volume in every category and country.

WINNING THROUGH CONTINUOUS IMPROVEMENT

BUILD A QUALITY-DRIVEN VALUE CHAIN WITH GLOBAL SCALE AND LOCAL AGILITY DRIVE RETURN

ON CAPITAL AND MARKETING INVESTMENT

DELIVER A COST COMPETITIVE ORGANISATION

UNILEVER’S GROWTH PRIORITIES

Our ambition is to win share and grow volume in every category and country.

WINNING WITH PEOPLE

BUILD DEPTH OF CAPABILITY AND LEADERSHIP LIVE OUR

VALUES AND BUILD A PERFORMANCE CULTURE

BUILD AN AGILE, FLEXIBLE AND DIVERSE ORGANISATION

THE UNILEVER SUSTAINABLE LIVING PLAN

We have long been working and reporting on our impact on society and the environment. Our Sustainable Living Plan brings together all this work and sets many new targets.

Our Sustainable Living Plan will result in three significant outcomes by 2020.

1. We will help more than a billion people take action to improve their health and well-being.

2. We will halve the environmental footprint of the making and use of our products.

3. We will help enhance the livelihoods of millions of people as we grow our business.

IMPROVING HEALTH AND WELL-BEING

By 2020 we will:

• Help more than a billion people to improve their health and hygiene. This will reduce the incidence of life-threatening diseases.

• Double the proportion of our portfolio that meets the highest nutritional standards, based on globally recognised dietary guidelines. This will help hundreds of millions of people achieve a healthier diet.

IN ACTION

AROUND 397 MILLION PEOPLE REACHED BY END 2014 THROUGH OUR PROGRAMMES ON HANDWASHING, SAFE DRINKING WATER, ORAL HEALTH AND SELF-ESTEEM

Our goal is to help more than a billion people take action to improve their

health and well-being

REDUCING ENVIRONMENTAL IMPACT

By 2020 we aim to:

• Halve the greenhouse gas impact of our products across the lifecycle.

• Halve the water associated with the consumer use of our products.

• Halve the waste associated with the disposal of our products.

• Source 100% of our raw materials sustainably.

IN ACTION

OUR WASTE IMPACT PER CONSUMER USE HAS REDUCED BY AROUND 12% SINCE 2010

By 2020 our goal is to halve the environmental footprint of the making and use of our products as we grow our business

ENHANCING LIVELIHOODS

We work with hundreds of thousands of smallholder farmers, small-scale distributors and micro-entrepreneurs.

By 2020 we will

• Empower 5 million women.• Advance human rights across our

operations and extended supply chain.• Have a positive impact on the lives of

5.5 million people.• Source 100% of our agricultural raw

materials sustainably.

IN ACTION

AT THE END OF 2014 WE TRAINED 70,000 WOMEN MICRO-ENTREPRENEURS TO SELL OUR PRODUCTS IN RURAL INDIA

By 2020 we will enhance the livelihood of millions of people as we grow our business

OUR VALUES

Our Values guide our people in the judgments, decisions and actions they take every day.

They underpin everything we say and do.

OUR VALUES

We are committed to

INTEGRITYbecause it creates our reputation, so we never compromise on it. It defines how we behave, wherever we are. It guides us to do the right thing for the long-term success of Unilever.

We are committed to

RESPECTbecause people should be treated with dignity, honesty and fairness. We celebrate the diversity of people, and we respect people for who they are and what they bring.

OUR VALUES

We are committed to

RESPONSIBILITYbecause we want to take care ofour consumers, customers andemployees, as well as theenvironment and the communitiesin which we operate. We take thispersonally and always do whatwe say we will do.

We are committed to the

PIONEERINGspirit because it created us and still drives us as a business. It gives us the passion for winning and for creating a better future. It means that we are always willing to take intelligent risks.

PERFORMANCE

SCALE AND GEOGRAPHICAL REACH

2012 TURNOVER €51.3 BILLION

EUROPE

€19.7 billion turnover2.0% underlying volume growth41% of group turnover

ASIA, AFRICA, CENTRAL & EASTERN EUROPE

EUROPE

€13.2 billion turnover 0.2% underlying volume growth27% of group turnover

EUROPE

EUROPE

€15.5 billion turnover0.7% underlying volume growth 32% of group turnover

THE AMERICAS

SCALE AND GEOGRAPHICAL REACH

2014 TURNOVER €48.4 BILLION

CATEGORY HIGHLIGHTS IN 2014

Turnover: €9.2 billionUnderlying sales growth: 5.8%

Turnover: €12.4 billionUnderlying sales growth:

(0.6)%

Turnover: €17.7 billionUnderlying sales growth:

3.5%

Turnover: €9.2 billionUnderlying sales growth:

3.8%

PERSONAL CAREFOODS

REFRESHMENTHOME CARE

UNILEVER FINANCIAL PERFORMANCE

UNDERLYING SALES GROWTH %

TURNOVER (€ BILLION)

2010

2011

2012

2013

2014

0 1 2 3 4 5 6 7 8

4.1

6.5

6.9

4.3

2.9

2010

2011

2012

2013

2014

40 42 44 46 48 50 52

44.3

46.5

51.3

49.8

48.4

UNILEVER FINANCIAL PERFORMANCE

YEAR 2014

2013

2012

2011

2010

TURNOVER (€ BILLION) 48.4 49.8 51.3 46.5 44.3

UNDERLYING SALES GROWTH %2.9 4.3 6.9 6.5 4.1

CORE OPERATING PROFIT (€ MILLION) 7,020 7,016 7,050 6,276 6,017

CORE EARNINGS PER SHARE (€) 1.61 1.58 1.53 1.37 1.31

FREE CASH FLOW (€ BILLION) 3.1 3.9 4.3 3.0 3.4

CATEGORIES, BRANDS AND CLUSTERS

UNILEVER’S PORTFOLIO OF CATEGORIES

TURNOVER BY CATEGORY

25% 19% 37% 19%

FOODS REFRESHMENTPERSONAL CARE

HOME CARE

OUR €1 BILLION BRANDS

Home Care

Refreshment

Foods

Personal Care

13 Unilever brands have a turnover of €1 billion or more

CATEGORIESDeliver global

platforms

REFRESHMENT

BeveragesIce Cream

PERSONAL CARE

DeodorantsHairOralSkin

CATEGORIES AND CLUSTERSCLEAR, DISTINCT, COMPLEMENTARY ROLES

Accountable for:

• Medium/long-term market share

• Brand health

• Innovation metrics

• Category value creation

HOME CARE

LaundryHousehold Care

FOODS

Spreads & DressingsSavouryFood Solutions

Responsible for:• Brand development• Innovation• Research and development

CATEGORIES AND CLUSTERSCLEAR, DISTINCT, COMPLEMENTARY ROLESCLUSTERSExecute on the ground

Responsible for:

• Managing the business

• Deploying brands and innovations

• Customer management

Accountable for:

• Short-term market shares

• Growth

• Profit

• Cash flows

THE SUPPLY CHAIN

MANUFACTURING

TOTAL WASTEktonnes of waste

TOTAL WATERMillion m3 water

TOTAL CO2 emissionsMillion tonnes

32% less CO2per tonne of

product*

29% less water

per tonne of product*

66% less waste

per tonne of product*

H2O Actual Waste ActualCO2 Actual

2.79

1.95 4357

75

151

*2008 is the Manufacturing USLP baseline To be updated alongside release of USLP report in May 2015

CONSUMERS

Our 13 €1 billion brands account for 53% of our turnover Around €7.2

billion invested in brand and marketing

2 billion consumers use a Unilever product every day

€1 billion invested in R&D

CUSTOMERS

Unilever manages a number of partnerships globally.

INNOVATION

INNOVATION DRIVING GROWTH

Worldwide we have over 20,000 registered patents and patent applications.

In 2014 Unilever filed more than 200 new patent applications.

INTEGRATED R&D

More than 6,000 R&D professionals

Six key R&D sites delivering groundbreaking technologies: Bangalore (India), Colworth (UK), Port Sunlight (UK), Shanghai (China), Trumbull (US), and Vlaardingen (NL)

92 locations around the globe with R&D teams implementing innovations in countries and factories

NEW PRODUCTS, NEW MARKETS

Regenerate, a completely new Personal Care brand, was launched in the UK in 2014. It is a highly differentiated oral care system based on revolutionary science and market-leading technology.

BIGGER AND FASTER INNOVATIONS

ECO-PACKS AND THE ENVIRONMENT

In laundry, our concentrated liquid brands in eco-packs drive growth, increase the benefit we deliver to our consumers and improve our profitability, while at the same time reducing our environmental impact. Eco-packs use up to 70% less plastic and mean a 50-85% reduction in greenhouse gases per consumer use.

LESS PLASTIC, LOWER COSTS

In 2014 Unilever launched a newly developed packaging technology for Dove Body Wash bottles that uses 15% less plastic. Projected cost savings for the whole portfolio are €50 million. This is another substantial step towards the USLP target of halving Unilever’s waste footprint by 2020.

STRUCTURE

LEGAL STRUCTURE AND GOVERNANCE

Unilever was formed in 1930 from two companies: Margarine Unie and Lever Brothers.

It was a full business merger, operating as a single business entity.

Two separate legal parent companies have been maintained:

Unilever NV (Netherlands) and

Unilever PLC (UK)

This works through an equalisation agreement and other contracts between the two companies.

Margarine Unie (Netherlands)

Lever Brothers (UK)

THE GLOBAL MANAGEMENT TEAM

DOUG BAILLIE

Chief HR Officer

PAUL POLMAN

Chief Executive Officer

JEAN-MARC HUËT

Chief Financial Officer

KEITH WEED

Chief Marketing and Communications Officer

JAN ZIJDERVELD

President, Europe

KEVIN HAVELOCK

President, Refreshment

ANTOINE DE SAINT-AFFRIQUE

President, Foods

KEES KRUYTHOFF

President, North America

ALAN JOPE

President, Personal Care

PIER LUIGI SIGISMONDI

Chief Supply Chain Officer

DAVID BLANCHARD

Chief R&D Officer

RITVA SOTAMAA

Chief Legal Officer

NITIN PARANJPEPresident , Home care