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LAXMAN NARASIMHAN, CEO January 2021 J P MORGAN GLOBAL HEALTHCARE CONFERENCE Key Messages

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LAXMAN NARASIMHAN, CEO January 2021 J P MORGAN GLOBAL HEALTHCARE CONFERENCE Key Messages LAXMAN NARASIMHAN, CEO January 2021 J P MORGAN GLOBAL HEALTHCARE CONFERENCE Key messages Good House in a Great Neighbourhood – potential to become a Great House again Clear strategy and strong progress towards goal of mid-single digit revenue growth Global trends, coupled with our portfolio and capabilities, reinforce our growth ambitions Reckitt Benckiser Group plc (RB) 1 Strong position in global consumer healthcare Global business with outstanding credentials in Health and Hygiene Scale, reach and capability Protect Heal Nurture Enterprise Value Countries served R&D centres Net Revenue Employees Working in Science Strong brands, leading positions, platforms for growth Reckitt Benckiser Group plc (RB) 2 Exceptional heritage and science base Long standing, trusted brands Mortein Scholl Harpic Dettol Air Wick Finish Strepsils Clearsil Nurofen Mucinex Enfinitas Botanica launched launched launched launched launched launched launched launched launched launched launched launched 1880 1904 1923 1932 1943 1953 1958 1959 1983 2002 2016 2020 1819 Lysol Veet Durex Nutramigen Woolite Calgon Enfamil Gaviscon Vanish Cillit Bang Neuriva launched launched launched launched launched launched launched launched launched launched launched 1889 1922 1929 1942 1951 1956 1959 1965 1983 2004 2019 Reckitt Benckiser Group plc (RB) 3 Underlying drivers to support long-term sustainable growth Global mega-trends aligned to our Science platforms Urbanisation and Growing demand Sexual Growing and ageing Te c h n o l o g y global warming for Self Care health crisis population proliferation Digital and Hygiene Health Nutrition eCommerce Government pressures on Increased need for Dense populations drive Demand for adult Digital transforming what healthcare costs creating prevention and fun need for good hygiene as nutrition creating people buy and how they opportunity driving opportunities the foundation of health opportunities buy it in Self Care in Sexual Well Being Solutions must be sustainable for the planet and society Reckitt Benckiser Group plc (RB) 4 New direction from 2020 sets the business on a clear path for growth Our Purpose, Fight and Compass are aligned around consumer needs Our Purpose Our Compass To protect, heal and nurture in the relentless pursuit of a cleaner, healthier world Do the right thing. Our Fight Always. Making access to the highest quality hygiene, wellness and nourishment a right, not a privilege Reckitt Benckiser Group plc (RB) 5 Clear strategy to Rejuvenate Sustainable Growth In February 2020 we presented our growth and investment plans 2019 Medium term Revenue Growth +0.8% Mid-single digits Investment • P&L investment of £200m • £1.3bn enhanced productivity program >£2bn • Transformation costs £250m, spread over 2 years over 3 years • Two years of capex at 4% of net revenue Earnings Growth +2.8% +7-9% pa Reckitt Benckiser Group plc (RB) 6 Clear strategy to Rejuvenate Sustainable Growth Three phases of rejuvenation First phase Second Phase Third Phase 2019 Stabilize and perform Perform and build Outperformance NR growth +0.8% NR Mid-single digits EPS growth +2.8% EPS +7-9% Example investment • eCommerce and digital • eCommerce and digital areas: • Research & development • Maintain foundational • Channel-specific sales capabilities excellence • Availability in developing • Brand building tools markets • Productivity delivery • Channel-specific sales • Foundational capabilities resources • Science and technology platform partnerships Reckitt Benckiser Group plc (RB) 7 Clear strategy to Rejuvenate Sustainable Growth Growth drivers 1 Penetration 2 Market share optimisation Region Product 3 New places: channels 4 New spaces & adjacencies Average Reckitt Benckiser Group plc (RB) 8 Rebuilding capabilities to be a great house again Increasing product penetration In Hygiene… In Health… In Nutrition… Lysol USA mega brand Dettol Soap in India Airborne USA Cumulative Sales Growth +765 bps +1100 bps 2020 2019 March June Sept MAT June ’19 MAT June ’20 MAT Sep ‘19 MAT Sep ‘20 Reckitt Benckiser Group plc (RB) 9 Rebuilding capabilities to be a great house again Driving market share growth Heritage brand strengths… Simplification… Innovation… Dettol Bar soap benefited in the early Maximising supply by Enfinitas Greater China stages of the pandemic rationalising EUR SKUs Market share % SKU reduction +237 bps market share growth in Super High c.85% Premium segment YTD June #1 in India, UAE, +1100 bps c.80% Malaysia & Saudi Arabia +1000 bps Capacity increase c.1.3x +1400 bps c.1.5x +430 bps Dettol Dettol Product 1 Product 2 Oct-19 Jan-20 Apr-20 Pre-COVID During COVID Reckitt Benckiser Group plc (RB) 10 Rebuilding capabilities to be a great house again Expanding into new places eCommerce… Innovation… Capabilities… Channels… Durex eCommerce Iberia Nurofen Adult in From 40 to 50 Power CMUs Professional Italy & Germany Developing Brand and market access CMU value MAT growth rates through product innovation May avg. +74% Global USA c.10x Lockdown* USA Jan 20 Mar 20 May 20 Jul 20 # Durex orders Lockdown avg Top 42 Next 8 Remaining Pre-lockdown avg Feb 2020 May 2020 Philippines USA Reckitt Benckiser Group plc (RB) 11 Rebuilding capabilities to be a great house again Developing new spaces Leveraging brand strengths… Innovation and Sustainability… Innovation and brand… Natural Lubes Air Wick Aromatherapy & Botanica Guardium GAVISCON THE #1 BRAND IN HEARTBURN NOW BRINGING COMPLETE RELIEF TO FREQUENT SUFFERERS Reckitt Benckiser Group plc (RB) 12 Rebuilding capabilities to be a great house again Strong recognition for recent innovations Bases 2020 “RB secured the most of any company (4 of 25) of the breakthrough innovations powered by Nielsen” Reckitt Benckiser Group plc (RB) 13 Potential to be a great house for R&D and product innovation Strong Science led solutions across entire consumer journeys Digital and eCommerce Consumer Benefits Consumer Need (examples) Protect Heal Nurture Respiratory Gastro-Intestinal Pain Relief MicroBiome Sensory Enrichment Polymer Science Surface Chemistry Digestive Health Allergy & Immunity Growth & Cognition Entomology Personalised Solutions Reckitt Benckiser Group plc (RB) 14 Deliver more consumer preferred, differentiated products Leveraging Science Platforms across Hygiene, Health and Nutrition to build scale and enter new spaces Hygiene Health Nutrition VEO Nurofen ProVital Immunity Active- Long Lasting Senior Adult fortified milk Leveraging Infant Science for Probiotics Adult Nutrition Surface Cleaner “Unique triple action system Lactoferrin to protect Formulation with Bio Based surfactants Smart technology works with Body to enaBle the immune system” and Active-Probiotic for microBial cleaning controlled fast and lasting relief Yeast Superior solution Selenium Superior deep, long-lasting and Superior speed of relief and 12h longevity – no β-glucan for Adult Daily environmentally friendly clean need to compromise Nutrition Intake needs Microbiome Surface Chemistry Surface Chemistry Polymer Science Allergy & Immunity Digestive Health Reckitt Benckiser Group plc (RB) 15 Access VC Investing in entrepreneurs building next-gen purpose led companies Invested >$20M in over twelve Founder profiles include 40% female purpose led start-up businesses in founders (2x industry), and 17% 2020, supporting over 20 founders BAME founders (15% industry) Over 30% of start-ups to US founders Providing mentorships and capabilities and businesses – focused on hygiene from RB’s ecommerce, R&D, go-to- and health care market, and retail teams Health & wellness Eco-luxury African Self-care & health Plant care therapy Purpose-led for menopause wellness & nutrition tracking app subscription OTC solutions Reckitt Benckiser Group plc (RB) 16 Health and Hygiene changes driving sustainable dynamics Playing our part in combating COVID-19 Fight for Access Fund Educational campaigns Equivalent to over 1% of our operating profit donated to benefit communities around the world Myth Busting with Lysol HERE For COVID-19Facts.com Healthy Schools Educational program to minimize • 2.5m users across 20+ countries the spread of germs in the classroom UNAIDs partnership Dettol UK pledges £1 million to (IRC) to provide • 80+ claims evaluated Expanded to reach 58,000 US Title 1 school to reach 220,000 individuals 150,000 care packages lifesaving programmes to • Reached 38m through social media by 2020 in Africa to support NHS workers support refugees in Middle with hygiene packs East TikTok Dettol Hand Wash challenge ~#HandWashChallenge Impact so far 124.8bn Views 20 initiatives 2.2 million Over 8 million providing support to people benefiting By individual products 41 countries projects reported donated Reckitt Benckiser Group plc (RB) 17 Playing a new role in global health and hygiene The Reckitt Global Hygiene Institute Our expert partners Professor Peter Piot Director of the London School Funds research & innovation to advance of Hygiene & Tropical Medicine the understanding of the links between hygiene and health Dame Sally Davies Master, Trinity College CamBridge Research Center for PuBlic Health, Tsinghua Professor Feng Cheng Informs education and behaviour change University School of Medicine, Tsinghua to effect long-lasting changes in consumer behaviour Director, All India Institute to improve hygiene and health Dr Randeep Guleria of Medical Sciences (AIIMS) Professor Dr Albert Ko Department Chair and Professor of Epidemiology, Yale School of Medicine Develops protocols to incorporate hygiene into the global public health agenda Dr Te o Yik-Ying Dean,
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