F. RIBOUD - Introduction

Introduction Franck RIBOUD CEO

A unique mission

Bring health through food to the largest number of people

A unique journey of transformation

Healthy Food Focus

&

Internationalisation

Business portfolio transformation

Sales breakdown in 1996 Baby Food

Glass Packaging

3%

7%

Fresh Dairy Products

Waters

10%

26%

Beers

8%

Pasta

Sales breakdown in 2011 Baby Nutrition

Waters

19%

17% Medical Nutrition

6%

3% Biscuits

20%

Sauces

5%

Prepared and frozen food

Italian Cheeses

Fresh Dairy Products

9%

58%

9%

39%

Healthy food

100%

HEALTH through food

Covering needs and demands at every stage of life Growth/ Building Capital

Maintenance/ prevention

Ageing process/ Problem solving

Specific nutrition/ Food needs

High

Low

Infants/Children

Teenagers

Adults

Seniors

Health trough FOOD

Geographical transformation

Sales breakdown in 1996

Sales breakdown in 2011 51%

17% Emerging markets

Emerging markets

38% Western Europe

6% North America

2%

77%

Japan + ANZ

Western Europe

9% North America

17%

Emerging markets

51%

Focus on emerging markets

Top 10 countries FY 2011 1. France 2. Russia 3. Spain

Top 6 priority countries

Long term investments

“MICRUBs” - Mexico, Indonesia, China, Russia, the US and Brazil.

Africa Centrale Laitière

4. USA 5. Indonesia 6. Mexico 7. China 8. Argentina

India

9. Germany

Wochardt

10. UK

A two-speed company

EUROPE

EMERGING MARKETS & NORAM

ONE single priority

Profitable

GROWTH