Société pour l'exportation des Produits Nestlé S.A.

The Company's purpose is the manufacture, sale, import and export, in Switzerland and in all foreign countries, of chocolates, confectionery, dairy products, dietetic products, baby food, beverages, non-alcoholic extracts, concentrates of all kinds and any other food product, as well as any other products it may be interested in; the provision of technical, commercial, industrial and management services to all companies or corporations in Switzerland or abroad; the exploitation of patents, trademarks, licenses, copyrights and any other industrial property right within the scope of the Company's purpose or related to its activity. The Company may establish branches and subsidiaries in Switzerland and abroad. The Company may acquire, hold, manage, pledge, develop and dispose of real estate and intellectual property rights in Switzerland and abroad, as well as finance other companies, except for operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The Company may grant loans, secured or unsecured, or provide guarantees or securities to shareholders, direct or indirect subsidiaries, parent companies or sister companies or third parties. Furthermore, it may operate or participate in cash pooling/centralized cash management, including periodic balance adjustments, with the companies of the group to which it belongs. The Company may also do all this without consideration, on preferential terms, without interest or other remuneration, excluding the Company's profit-making purpose and incurring a concentration of risks. The Company may engage in all commercial, financial and other activities suitable to promote its purpose or related to it, taking into account, to the extent permitted by law, the interests and general orientation of the group to which it belongs. In pursuing its corporate purpose, the company aims to create sustainable long-term value.