Unilever Plc · LSE:ULVR
Unilever — Merger or Acquisition (March 2018)
13 slides from Unilever's merger presentation, Mar 15, 2018
Slide 1: 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
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 ofthe United States Private Securities Litigation Reform Act of 1995. Words
Slide 3: 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 Consolidating companies into one entity at local level Optimising the Category and go-to-market organisation Sharpening strategies at global Category level with dedicated capa
Slide 4: The next steps in continuous transformation
The next steps in continuous transformation Three empowered Divisions driving performance Simplification of corporate structure 5 A simpler organisation, balancing scale and agility •Greater flexibility for strategic portfolio change •Stronger corporate governance PLC New NV NV •Direct connectivity
Slide 5: Three empowered Divisions equipped to drive performance
Three empowered Divisions equipped to drive performance *excluding Spreads 6 Brand, channel, innovation and portfolio strategy Consumer insight, R&D, advertising Supply chain investment In-year performance management Set geography growth and profit targets Allocate resources dynamically in-year Beau
Slide 6: Corporate structure simplification
Corporate structure simplification Proposed Current agreement *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 shares) as at 31st December 2017 7 NVEqualisation PLC 55%*45%* Unilever
Slide 7: Stronger corporate governance
Stronger corporate governance Improvements Continue * Subject to approval from trustees 8 UK & Dutch governance codes UK, Dutch, US listing rules Annual re-election of directors incl. CEO Separate Chairman and CEO Board with diverse experiences Cancellation of high-voting preference shares Closure N
Slide 8: Stronger corporate governance
Stronger corporate governance Continue Q UK & Dutch governance codes Q UK, Dutch, US listing rules Q Annual re-election of directors incl. CEO Cn Q Separate Chairman and CEO Q Board with diverse experiences * Subject to approval from trustees Improvements Q Cancellation of high-voting preference sha
Slide 9: Indicative timeline
Indicative timeline month implementation period 11 Q3 – Circulars sent to shareholders EGMs, shareholder votes – PLC and NV AGMs Min 6 End Q4 ’18 – Anticipated implementation March ‘18 announcement of proposal May ‘18
Slide 10: A Unilever that combines scale with agility
A Unilever that combines scale with agility Local go-to-market operations Procurement / Business services / Data and Digital capabilities 12 *Country Category Business Teams Home Care CCBTs* Beauty & Personal Care CCBTs* Foods & Refreshment CCBTs* Small Corporate Centre
Slide 11: The next steps in the transformation
The next steps in the transformation Simpler Increased strategic flexibility Stronger corporate governance Stronger performance 13
Slide 12: Building the Unilever of the future
Building the Unilever of the future Marijn Dekkers / Graeme Pitkethly 15th March 2018
Slide 13: Building the Unilever of the future
Building the Unilever of the future Bee ies Marijn Dekkers / Graeme Pitkethly 15‘ March 2018 Unilewe