Age genda nda 2 3 1 FY20 Perform ormance nce Our Growt wth - - PowerPoint PPT Presentation

FY20 Perform

• rmance

nce

Dab abur ur - Brief ief Over vervie view

1 2

2

Age genda nda

Our Growt wth Strat trategy egy

3

A L A Leader er in in Ayurveda eda and Natura ral Health thcare care Dedicat icated ed to the Health lth & Well ll-bei eing g

• f eve

very household ehold A L A Leader er in in Ayurveda eda and Natura ral Health thcare care Dedicat icated ed to the Health lth & Well ll-bei eing g

• f eve

very household ehold

3

De Dedicat icated ed to Inno nnovat ation ion Comm mmitt itted ed to Car are

Established in 1884 – 136 years of trust and heritage Among the Top 4 FMCG companies in India One of the largest distribution network in India, covering ~6.7 mn outlets 20 world class manufacturing facilities Strong

• verseas

presence with ~27% contribution Market Cap: US$ 12 bn

4

Ou Our r Jo Journe rney

Dabur r - Brief ief Overvie iew Our Growt wth Strat trategy egy

3 1

FY2 Y20 0 Perform

• rmance

ance

2

5

Age genda nda

20.6% 0.6%

FY20 Operating Margin

IN INR 1,4 ,445 45 cr cr

FY20 PAT

IN INR 8,7 ,704 04 cr cr

FY20 Revenue

• *Unaudited and based on MIS

FY20 Reported d Growth rowth % Growth rowth in in 11 month ths s ending 29 Feb’20* Consoli solidat ated ed Reven enue 2.0% 6.4% India ia FMCG CG Volume ume 1. 1.1% 6.2% Internat ernationa

• nal Busin

iness ess 4.9% 6.9% Operat ating ing Profit 3.0% 11. 1.3% Consoli solidat ated ed PAT 0.2% 7.9% Consoli solidat ated ed PAT befor

• re

e Except eptional ional 5.8% 12.8% Whil ile the fir first t 11 month ths s of FY20 20 saw aw a reven enue ue gro rowth wth of 6.4%, Marc rch h 2020 wa was s im impa pact cted ed on accoun unt t of Covid in induced ced lo lockd kdowns ns le leading ing to 2.0% reve venu nue e gro rowth wth in in FY20

6

FY FY20 Per erform

• rmance

ance Su Summar ary

Healthcare 32.3% HPC 50.6% Foods 17.1%

FY19 9 Sale les s Contri tribu buti tion

• n

Healthcare 33.9% HPC 50.1% Foods 15.9%

7

Do Domest estic ic FM FMCG G Busi sine ness ss – By Ver ertical icals s – FY FY20

Healthcare lthcare Home e & Perso sona nal Care e (HPC PC) Foods ds

11.4% 5.9% YTD Feb'20 Growth % FY20 Growth % 5.0% (0.0%) YTD Feb'20 Growth % FY20 Growth % 0.1% (6.1%) YTD Feb'20 Growth % FY20 Growth %

FY20 0 Sale les s Contri tribu buti tion

• Source: AC Nielsen

94 43 43 37 288 125 182 44 325 324 4 Glucose Shampoo Toothpaste Digestive Tablets Bleaches MRC Hair Oils Chyawanprash Juices & Nectars

MAT Mar’20 vs MAT Mar’19 – Increase ase in Volume ume MS (in bps) s)

8

St Strong ng Gai ains ns in in Ma Mark rket t Sh Shar are e ac across ss Cat ategories egories

9

Markets ts like e Egypt, t, SSA SA, Hobi and Namast ste e posted ed strong rong CC gro rowt wths hs in FY20

Hobi

43.4% .4%

Namaste

7.3 .3%

MENA

1.6 .6%

Egypt

8.0 .0%

SSA

6.8 .8%

FY20 Consta stant nt Currenc ency y Gro rowt wth h %

Int nter ernational national Busi sine ness ss – FY FY20 0 Per erforma

• rmance

nce

Internatio ernational nal Business ness grew w by 4.9% in FY20

10

#2 #2

Dabur ur continues tinues to be the mark rket t leade der r in key categor gories ies across ross regions gions

Saudi di Arabia ia Egypt Unit ited ed Arab Emir irat ates es

• Hair

r Oil

• Hair

r Cream

• Hair

r Gel

• Hair

r Mask

• Hair

r Serums ums

• Depilat

atorie ries

• Hair

r Oil

• Hair

r Cream

• Hair

r Mask

• Hair

r Serums ums

• Hair

r Gel

• Hair

r Cream

• Hair

r Gel

• Hair

r Mask

• Leave-On

On

• Depilat

atorie ries

• Hair

r Oil

• Hair

r Serums ums

#1 #1 #2 #2 #1 #1 #3 #3 #2 #2 #1 #1 #3 #3

Int nter ernational national Busi sine ness ss – FY FY20 0 Per erforma

• rmance

nce

Net et Cash sh (INR

R cr cr) 3,176 3,066 3,802 FY18 FY19 FY20 1,088 1,506 1,614 FY18 FY19 FY20 5,733 5,663 6,643 FY18 FY19 FY20 1.41 1.35 1.98 FY18 FY19 FY20

FY20 0 ROIC: IC: 43.5% Net et Worth th (INR cr) Operating rating Cash sh Flo low w (INR

R cr cr) 11

Curre rent nt Ratio io

St Strong ng bal alance ance sh shee eet t an and cas ash h flo flow w metri rics cs

Dabur r - Brief ief Overvie iew FY20 Perform

• rmance

nce

Our ur Gro Growt wth h St Strat rategy egy

3 1 2

12

Age genda nda

13

Cost st and Cash sh Flow Manageme agement nt Consume sumer r Marketing ting Reorien enta tati tion

• n

Techn hnol

• logy
• gy

Enhancem ncemen ent t and Emp mployee e Well-being being Dri riving ing Innovat ation ion GTM M Approach ach ESG Focus us Power r Brands ds Strategy egy Excelle cellence nce in Manuf ufact acturin uring g and Supply Chain

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

14

Power wer Bran rands ds St Strat rategy gy

Sta Stayi ying ng th the course on n power wer bra rand nd str trategy gy and nd dri riving ing gro rowt wth h th thro rough gh investme estment nts, s, innovatio tion n and distribu tributio tion n reach expansion nsion for these e brands

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

15

• Surge in penet

etratio ration n during Covid on account of its immunity benefits

• Extende

ded d usage ge beyond d wi winters

• En

Enterin ring g adjace cent nt categor

• ries

ies through modern formats for youth & kids

Conti ntinue nue to dri rive e the e power er bra rand nd st stra rategy egy

16

• Surge due to health and immunity

benefits

• Launched

hed value lue added d variants iants

• Extendin

ding g usage ge thro rough gh modern n and nd convenient enient form rmats ts

Conti ntinue nue to dri rive e the e power er bra rand nd st stra rategy egy

17

• Modernizing formats
• Extende

ded d portfolio lio thro rough gh Dabur Soda Fizz zz

• Usin

ing g Digital ital Media a to connect with millennials

Conti ntinue nue to dri rive e the e power er bra rand nd st stra rategy egy

18

• Extending the Dabur Lal Tail equity with

the launch h of Dabur Baby y Care pro roducts cts

• Communica

municatin ting Ayu yurvedic edic positio itioning ning

• En

Enha hancin ncing g distribu tribution tion

Conti ntinue nue to dri rive e the e power er bra rand nd st stra rategy egy

19

• Re

Reinf inforcing

• rcing Ayu

yurvedic dic positio itionin ning

• Extending the range through convenie

enient nt form rmats ts like lozenges enges and hot

• t sip
• Launched

hed Dabur Honitus itus Ad Adulsa lsa Cough h Syr yrup

Conti ntinue nue to dri rive e the e power er bra rand nd st stra rategy egy

20

• Communicating World’s
• No. 1 ha

hair r oil proposition

• Connect

ecting ing wi with millennials lennials thro rough gh premium um variants iants - Dabur Amla Aloe e Vera ra Hair r Oil

• Dabur Badam Amla Hair Oil added

as third flanker brand

• Strengthening core brand through

aggressive spends

Conti ntinue nue to dri rive e the e power er bra rand nd st stra rategy egy

21

• Fastes

est gro rowin ing toot

• thpast

aste in the country

• Extending the brand to premium formats
• Growing the rural franchise through LUPs
• Connect

ecting ing digit itally ally with millennia lennials ls

Conti ntinue nue to dri rive e the e power er bra rand nd st stra rategy egy

22

• Scaling

ng up th the Vati tika franchis ise in India

• Launched

hed Vatika Ayu yurvedic edic Shampoo

• Cross-pollinating

international portfolio in India through premium ium variants iants

• Ex

Extendin nding g distribu tribution tion re reach

Conti ntinue nue to dri rive e the e power er bra rand nd st stra rategy egy

23

• Entered

ed PET categor

• ry

y

• En

Entere red valu lue e added d milk k categor

• ry

y thro rough h Re Real al Frappe

• Launchin

hing g premium um health th focused ed varian riants ts

Conti ntinue nue to dri rive e the e power er bra rand nd st stra rategy egy

23

24

Dri riving ing Innovati ation

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

Dr Driv ivin ing g in inno novat ation ion an and re reno novation ation

25

Healthca thcare Range ge of Health th Juices, es, Immunity munity Boost sting ng Products cts HPC Products cts in the Oral Care and Hair Care Space Foods ds Wellne ness ss Range ge of Juices, es, Golden den Milk and Real Fru rutORS ORS Inter ernat national

• nal Busin

ines ess Products cts in the Oral Care and Persona

• nal and Home Hyg

ygiene ne Space

Ent nter ering ing New w Product uct Se Segm gments ents

26

Persona

• nal and Home Hyg

ygiene ne Baby y Care are Drinks ks in PET

Ent nter ering ing New w Product uct Se Segm gments ents

27

Value e Ad Added d Milk Enterin ing g new categor gorie ies s in Internat ernatio iona nal Busi sine ness ss Apple e Cider er Vinegar ar

28

Consume mer r Mark rketing ting Reori rientation ntation

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

Beefi fing ng up Digit ital al Prese senc nce

T

Consu nsumer mer Ma Mark rketing ting Reo eori rientati entation

• n

Re Re-purpose purpose Brand Commun munic ication tion in COVID ID Context Ret Retool

• ol Media

a Mix in current context xt #Vocalf lforLo rLoca cal

29

Aro round nd Im Immun unity ty and Germ Prot rotec ecti tion n in in Health thca care re

Consu nsumer mer Ma Mark rketing ting Reo eori rientati entation

• n

Repur purpose pose Brand nd Commun munica icati tion

30

Aro round nd Germ Prot rotec ecti tion

• n in

in Perso sonal nal Care

Consu nsumer mer Ma Mark rketing ting Reo eori rientati entation

• n

31

Repur purpose pose Brand nd Commun munica icati tion

Ar Around nd Im Immun munity ty and Welln llness ess in in Foods ds

Consu nsumer mer Ma Mark rketing ting Reo eori rientati entation

• n

32

Repur purpose pose Brand nd Commun munica icati tion

News ws

News s regi gist stere ered 43% Gro rowth th

Widely advertised on news like Mann ki Baat, PM Modi’s Nation Address

Consu nsumer mer Ma Mark rketing ting Reo eori rientati entation

• n

Ret etool

• ol Medi

dia Mix x in n current rent conte ntext xt

Medium um

TV

(News, Kids, Movies, DD)

TV (GEC) Digital Print Outdoor Change nge

DD DD

DD garne nered red unp npre rece cede dented ed ratings gs

Presence on old classic mythological content like Ramayan & Mahabharat

• Sponsorships across Shri Krishna & Vishnu

Puran

Consu nsumer mer Ma Mark rketing ting Reo eori rientati entation

• n

34

Ret etool

• ol Medi

dia Mix x in n current rent conte ntext xt

Beefin efing g up Di Digital ital Presence sence

Consu nsumer mer Ma Mark rketing ting Reo eori rientati entation

• n

4% 14%

Q1 FY20 Q1 FY21

• 1. Content

ent Digital Films/ Post with relevant messages – 192 + digital contents

• 3. Domina

nate e Contextual tual Eve vent nts

• 4. In

Influ luencer ncer Mark rketi ting ng Relevant and Popular influencer advocacy - 328+ Influencers

• 2. Purp

rpos

• se

e Driven iven Content ent Mark rketing ting Digital Films on key brands. – Corporate and brand films

Ac Activated Event No of news app/s /sites Impression

• n

(mn mn) 3-Apr Indians Coming Together 5 58 14-Apr Lockdown Extension 5 20 12-May Vocal for Local 14 27 14-May Vocal for Local Speech 3 12 15-May Finance Minister Address 2 6 21-Jun International Yoga Day 15 98 30-Jun Lockdown Situation 3 13 Total al 234 34 35

Dig igital ital Spends nds up fro rom 4% LY to 14 14% TY in in Q1 234 234 mn mn im impressi ressions ns

Consu nsumer mer Ma Mark rketing ting Reo eori rientati entation

• n

36

#Vocalf alfor

• rLocal
• cal

37

GTM M App pproac roach

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

Core e St Stocky ky Mig igrat ation Roll-Out of New Drishti Module completed across 72% of stockist despite Covid Rapid id S&OP OP Weekly Rapid S&OP with Cross-Functional Team reviewing of secondary trends to respond to changing demand patterns

St Stra rategic egic Ini nitia iativ tives es on n GTM

38

Conti tinu nuous

• us Reple

lenishm shment nt System em Roll-Out of New CRS Module for more scientific management of Inventories In Internat rnationa ional l Busin iness ess

• Expande

ded d the e-com

• mmerce

erce footp footpri rint nt from 3 sites last year to 50+ sites this year

• New Distributor Appointments in GCC, Jordan, Iraq

and Malaysia Go Dir irec ect t for for 95% E E comm Busine iness ss 95%+ of E-Com business moved direct E-comm

• mm fir

first st la launches hes Co-creation

• f Products

Conti ntinue nue to exp xpand and on n our r GTM M St Stre reng ngth th

EDGE

39

Expand nd Villag age e Cove verag age e from rom 52.6k k to 60k in in 1-2 2 years

52.6 60 FY20 FY22E 1.2 1.5 FY20 FY22-23E

Direct t Reach h Expans nsion n fro rom 1.2 mn mn outlets ts to 1.5 mn mn

• utle

lets in in 3 years Expand nd chemist st cove verag age fro rom 2.4 lakh h outlets ts to 2.7 la lakh h outle lets ts

2.4 2.7 FY20 FY21E

28 28

Warehouses across India

4,0 ,000+ 00+

Super stockists & Distributors

12,599 ,599

Sub-stockists

6.7 .7 mn mn

Total outlets reached

Our r GTM St Strengt ength Go Go-to to-Mar Market t (GTM) ) St Strat ategy egy

Field d Effic ficienc ency y Impro roveme ement

40

Excelle llence nce in Manufacturing ufacturing and d Supp pply Chain

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

IN INR 377 7 cr cr

Capex in FY20

7% 7%

Increase in production over previous year

300 00 bps

Improvement in OEE in FY20 to touch 75%

Ma Manu nufacturi acturing ng Locatio cations ns in in Ind ndia ia

Manufac actur uring ing Excellenc lence

41

Ma Manu nufacturi acturing ng Locatio cations ns in in Int nter ernational national Busi sine ness ss

42

8

Manu nufact acturing uring Locations ions

Challe lenges nges in in Supply ply Chain

St Stre ream amlining lining Supp pply Chain du duri ring ng Covid

43

In Init itiati iatives es taken n in in Supply ply Chain Sever ere e dis isru rupti ption

• ns

s in in Supply ply Chain wit ith h unit its s

• f Supp

pplie iers and Vendor

• rs

s under r lo lockd kdown All ll CFAs s clo lose sed d in in the in init itial ial days Restri rict cted ed truc uck moveme ement nt als lso le led to dis isruptio uptions ns in in supply ply of RM/ PM and FG Force rced clo losu sure re of Suppl plie ier r units its based ed in in Red Zones s hurting ng supplies plies Export-Imp mpor

• rt

t dela lays s at Ports ts Pro rocure cured d perm rmiss issions ions and commence enced

• perat

ation

• ns

s at all ll CFAs s and supplier pliers Deplo loyed ed smal alle ler r ve vehicle cles s to transpor nsport key raw aw mater erials s in in the absence ence of truc ucks ks Alt lternat rnate e packag aging ng solution lutions s we were re deve velop

• ped

ed, and new ew supplier pliers s id identi tified fied Im Impor

• rt

t subst stituti itution n wit ith h lo local al raw aw materi erial al

All ll factorie

• ries

s are curre rent ntly ly

• perat

ational

• nal at near

normal al leve levels Safe fety ty prot rotoco

• cols

s im implem ement ented ed to ensure ure the facil ilitie ties remain n COVID-Fre ree Greater er

• utso

sour urcing cing Capaci acity ty Au Augmenta entati tion

• n

St Stre ream amlining lining Manufactu nufacturin ring

44

St Streamlinin eamlining g Manuf nufactu cturin ring

45

Cost and d Cash Fl Flow w Manage ageme ment nt

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

Select ectivel ely y extend ended ed credit t to our distr tribu buti tion n partner tners wher erever er they we were e facing ng liqui uidity dity issues es Debt btors: s: Mobilized ed collections ctions thro rough ugh RTGS and NACH Cash h flow flows we were e manage naged d thro rough ugh daily monitoring ring of Collect ection

• ns and Pa

Payme ment nts to optimize mize the same

Cash h Flow Mana nagement gement

Cost st an and Cas ash Fl Flow w Ma Mana nagem gement ent

46

Pro roject ect in in In India ia for cost t optimi misat sation and valu lue e enhancem ncement ent across ross various us leve levers s of business iness usin ing ZBB methodo hodology

• gy

Raw aw and Pa Packagi aging ng Mater erial al Spends nds Logis isti tics cs Spend nd Indirect ect Spend ends Net et Reve venue nue Manage agement ent (Pricing ng, CP and d TP Spend ends) ) Manufac ufacturi turing ng Costs s Employee ee Costs

Leve vers under r conside sideration ration in include lude

47

Technol nology

• gy Enhanc

nceme ment nt and d Empl ployee Well-be being ng

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

Organis isation tion Building ding

Dig igit ital l Transformati rmation n Head d recrui uited

• GTM St

Strat ateg egy y Cell

• Design

ign Lab creat ated ed

• Innovation

ation Cell created d to fast track k critical cal NPDs

• New

ew Graduat uate Training ning Pro rogramme amme adde ded d to Manage ageme ment nt Trainee ee Pro rogramm amme

Technolog

• logy

y Upgrada adatio tion

Migrat ated ed to SA SAP Hana

• Shifted

ed fro rom SA SAP APO to SA SAP IBP fo for Forecas asti ting ng

• Upgrade

raded d SFA

• Upgraded

raded Dis istribution bution Managem agement ent System em (Shifted ed fro rom Base St Stocky ky to Core St Stocky ky)

• Impleme

ementi nting ng CRS RS fo for sc scie ienti ntific fic management nagement of in invent ventori ries es

Human n Capital ital

Inves estin ting g in in T Tec echnology hnology an and Hu Human an Cap apital ital

43% 18% 20% 26% 16% Parlour Promoters Finance & Accounts Management Trainee R&D Marketing

Femal ale e employee ees in In India a

(%)

~50 50%

Employees in Dabur India are millennials

49,98 ,981

Man Hours of Safety Awareness Training Conducted

48

49

Emplo loyee ee Wel ell-being being

Safe fety ty Pro rotocols With our offices

• pening and

employees coming back to office, we are making sure that Social Distancing and Hygiene practices are rigorously followed to ensure employee safety WFH Work from Home was swiftly implemented with comprehensive guidelines Frequent employee communication from CEO and HR

1

Medical al Insuranc rance Comprehensive guidelines issued and implemented for employees to ensure safe working practices across Corporate, Regional Sales

• ffices & manufacturing

units

• Also covered 600 CFA staff

and 2,385 SSMs with Medical Insurance

2

Resource rce Mobilization ation Redeploying resources where needed most .

• Bringing back

workmen, deploying contractual workers

5

Employee ee Recogni niti tion Recognising Contributions and Celebrating Heroes

• Identifying Talent and

step up opportunities

4 3

As we we pro rogr gresse essed d throu rough gh various

• us phases

ses of lo lockdo down, n, we we ensure ured employee ee safety fety and pro roducti uctive e wo work k practi ctice ces s

Virtual Webinar by Dr. Parmeshwar Arora on “Employee Well llness ess in in tim imes es of Covi vid-19 9 – the Ayurvedic Way”

Key y Ini nitia iativ tives es to

• en

ensu sure re Emplo loyee ee Wel ell-bein being

For COVID medical helpline, doctor consultations, COVID test facilitation, home isolation support and hospitalization assistance

Home Isolation Service tie up with

For PAN India Covid related Hospitalizations

For Covid Testing through nearby diagnostic centers / sample collection & tele-consultation with doctor

50

Dis istri tribut ution of Safety ty and Im Immunity munity Kit its s to employee ees Regio ional nal and Corporat rporate e Tie ie Ups with ith Hospi pita tals s and Labs s to ensure re easy access ess of medical cal facil ilities ties

51

ESG Focus

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

52

Commu munity nity Wel elfar are

1 2 5

For Commu muni niti ties es Stitched and Distributed Face Masks

4 3

Dabur r Gro roup has committ itted ed IN INR 21 cro rore res tow

• wards

ards Suppor

• rt

t and Reli lief Ac Activ iviti ties es for for Covi vid

For Migrant ant Work rkers Nutritious meals were provided to families of migrant workers and urban poor, who were the most severely hit by the lockdown across India For Covid Suppo port t and Relief ef Supported the 10,000 bed Covid centre on the

• utskirts of Delhi
• Operating a mobile

Covid testing van in Noida For Fro rontl tline ne Police e Personne nnel, , Health th and d Sanitat tation

• n wo

work rker ers Distributed Health and Safety Kits to Frontline Police Personnel, Health and Sanitation Workers Speci cial al Commu muni nicat ation

• n

to thank nk fro rontline ne Coron rona a wa warriors

CSR SR Ini nitiati iatives es

53

Swasth wasthya Au Aur Surak aksha sha Conducted Safe & Nutritious Foods (SNF) campaigns at 30 schools

• 1.5 lakh

h patient ents exa xamined mined at 1,208 8 health th camps ps in in FY20

• Held 34 Self Defence

Training Sessions in 12 schools for 1,333 students Water er, Sanitat tation

• n &

Hygiene ene (WaSH) Constructed around 4,000 household toilets till date

• 52 villag

ages es achieved ed Open en Defe fecati cation-Free ee status tus Enviro ronme nment nt Sustain tainabil ability ty Pro roject ct 4,820 0 acres s of la land d unde der cult ltivati ation n of medicinal cinal herbs

• 6,947 Farmers

engaged in cultivation

• f medicinal herbs
• 1,800 farmers involved

in bee-keeping Water er Conser ervat ation

• n

1,200 0 famili ilies s bene nefi fited fro rom Desert t Bloom, a project which uses cost- effective, eco-friendly community-based technologies to harvest water in rural Rajasthan Pro romot

• tion

n of Education ation 14 14,482 82 kids s in 55 schools in in 6 states es benefit nefited ed by School Suppor port t Pro rogramm amme

• 25,000

00 girl studen dents ts reached hed thro rough gh Dabur ur Amla la Hair Oil ‘Tu Pa Padht hti Ja, Tu Badhti hti Ja’

54

Ou Our r ef effor

• rts

ts towards ards conse nserving ving the e en envi vironme nment nt

Ef Efflu luent nt Genera rati tion

(KL/MT) 2.12 1.38 1.25 1.19 FY17 FY18 FY19 FY20 5.05 4.32 3.41 3.35 FY17 FY18 FY19 FY20

Raw aw Water r Used

(KL/MT)

Energy gy Consume nsumed d

(GJ/MT MT)

Pla last stic c Waste e Colle llect cted ed and Pro roce cess ssed ed/R /Rec ecycl cled d

(%) 20% 60% FY19 FY20 2.07 2.03 1.96 1.92 FY17 FY18 FY19 FY20

55

Cost st and Cash sh Flow Manageme agement nt Consume sumer r Marketing ting Reorien enta tati tion

• n

Techn hnol

• logy
• gy

Enhancem ncemen ent t and Emp mployee e Well-being being Dri riving ing Innovat ation ion GTM M Approach ach ESG Focus us Power r Brands ds Strategy egy Excelle cellence nce in Manuf ufact acturin uring g and Supply Chain

Pil illa lars s of Ou Our r Growt wth h St Stra rategy egy

56

Remai maining ning dedica dicated ed to t

• the

He Heal alth th an and Well ll-Being Being of

• f ever

very Household…

57

Th Than ank k You