Rb Announces Changes to Executive Team

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RB ANNOUNCES CHANGES TO EXECUTIVE TEAM 17 January, 2020 – Reckitt Benckiser Group plc, (“RB”) today announces a series of management changes which will focus on delivering performance and the next phase of transformation for the company. After 27 years with the company, Gurveen Singh, Chief Human Resources Officer, has decided to retire. Ranjay Radhakrishnan will join RB as Chief Human Resources Officer and a member of the company’s executive committee with effect from 1st March 2020. Ranjay is currently Chief Human Resources Officer at InterContinental Hotels Group (IHG plc). Prior to IHG, Ranjay spent 23 years at Unilever, in a range of senior leadership roles at global, regional and country levels. Mike Duijser, Chief Supply Officer, has decided to leave RB to return to the US for personal reasons. A successor will be appointed in due course and Frederick Dutrenit, SVP Manufacturing Health, will be covering this role in the interim. Group CEO Laxman Narasimhan said about the changes: “Gurveen has made a significant contribution to RB during her long and distinguished career with the company and I wish her all the very best for the future. Under her leadership, the HR function has flourished and delivers sustained positive impact to the business. I would also like to thank Mike for his contribution to RB and wish him success for his future endeavours.” Laxman added: “I am delighted to announce the appointment of Ranjay as Gurveen’s successor. This announcement follows the appointment of Jeff Carr, Harold van den Broek and Kris Licht to the executive team and I look forward to working with this exceptional group of leaders as we continue to drive performance to transform the business.” Reckitt Benckiser Group plc’s LEI code is 5493003JFSMOJG48V108 About RB RB is the global leading consumer health, hygiene and home company. Driven by a purpose to build healthier lives and happier homes, RB has operations in over 60 countries. From the foundations of wellness and infant nutrition, to the fundamentals of a hygienic home, our global brands help people live healthier, happier lives. RB has world leading Powerbrands which include household names such as Enfamil, Nutramigen, Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Woolite and Air Wick. RB’s unique culture is at the heart of its success. Its drive to achieve, passion to outperform and commitment to quality and scientific excellence are manifested in the work of over 40,000 RB employees worldwide. For further information, please contact: RB +44 (0)1753 217800 Richard Joyce SVP, Investor Relations Patty O’Hayer / James Fearnley-Marr External Affairs Finsbury +44 (0)20 7251 3801 Faeth Birch Error! No text of specified style in document.Error! No text of specified style in document. .

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Acquisition Agreement for Paras Pharmaceuticals -- Current
Dealdoc Acquisition agreement for Paras Pharmaceuticals Paras Pharmaceuticals Reckitt Benckiser Dec 13 2010 © 2009-2021, Wildwood Ventures Ltd. All rights reserved. Acquisition agreement for Paras Pharmaceuticals Paras Pharmaceuticals Companies: Reckitt Benckiser Announcement date: Dec 13 2010 Deal value, US$m: 730.0 : acquisition value • Details • Financials • Termsheet • Press Release • Filing Data • Contract Details Announcement date: Dec 13 2010 Pharmaceutical Industry sectors: Consumer health Financials Deal value, US$m: 730.0 : acquisition value Termsheet 13 December 2010 Reckitt Benckiser has agreed to buy Paras forINR 32.6 billion (Indian Rupees) (approximately GBP 460 million). RB will finance the transaction from existing facilities. Press Release RB Buys India’s Paras Pharmaceuticals Ltd 13 December 2010 Reckitt Benckiser Group plc (RB) today announces that it has agreed to buy Paras Pharmaceuticals Limited (Paras) forINR 32.6 billion (Indian Rupees) (approximately GBP 460 million) from the current shareholders, including the Patel family and Actis, the emerging markets private equity investor. RB will finance the transaction from existing facilities. Paras is a privately-owned Indian company with a portfolio of leading Indian over the counter Health and Personal Care brands including: Moov, the No 2 topical analgesic pain ointment, D’Cold, the No 2 cold & flu remedy, Dermicool, the No 2 for prickly heat, Krack, the No 1 medicated skin treatment for cracked heels and Itch Guard and Ring Guard anti fungal creams. In addition, Paras has a personal care business led by Set Wet, a leading hair gel and deodorant brand. In the fiscal year ending March 2010, Paras generated net sales of INR 4,014 million, representing a mid-teens average growth rate over the last four years, and operating EBITDA for the same year of INR 1,083 million (approximately GBP 56 million and GBP 15 million respectively).
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