[Ad hoc announcement pursuant to art. 53 SIX Listing Rules]
Following the announcement from the French Competition Authority ("Autorité de la Concurrence") dated October 12th, 2021, Nestlé S.A. confirms it received a Statement of Objections ("Notification de Griefs").
The French Competition Authority alleges that 14 trade associations and 101 companies - among them, certain Nestlé subsidiaries in France - restricted competition related to, among others, communication on the removal of BPA from metal packaging in France. The French Competition Authority's allegations against certain Nestlé subsidiaries in France indicate a minor role. An evaluation of the potential financial impact is currently not possible. The Company strongly disagrees with these allegations and will vigorously contest them.
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