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Update on Ukraine and Russia

We remain focused on prioritizing the safety and well-being of our employees and their families in Ukraine. We continue to engage with local communities and support the people in Ukraine providing humanitarian assistance to those affected by the war. We are investing in our long-term presence in Ukraine and have expanded local food production capacity with a new factory at our Volyn site in the western part of the country.

Since the outbreak of the war in 2022, in Russia we have reduced our portfolio and implemented the actions we communicated. As the legal and regulatory requirements in the country continue to evolve, Nestlé takes the necessary steps to comply with local regulatory requirements while continuing to provide safe everyday food items for the population. These steps are part of our efforts to continue to protect our employees and our assets. At the same time, we continue to fully comply with all applicable international sanctions.