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Unilever Share Buyback Programme 2021

On 29 April 2021, Unilever PLC announced its first quarter results and a share buyback programme of up to €3 billion to be completed by the end of the year.

On 6 May 2021, Unilever announced it would commence the first tranche of this buyback programme (the “Initial Programme”) on 6 May 2021 for an aggregate market value equivalent to €1.5 billion, to be bought back in the form of Unilever PLC ordinary shares.

On 20 August 2021, Unilever announced it would commence the second tranche of this buyback programme on 23 August 2021 for an aggregate market value equivalent to €1.5 billion, to be bought back in the form of Unilever PLC ordinary shares, and complete on or prior to 31 December 2021.

On 3 December 2021, Unilever announced the successful completion of the second tranche of this buyback programme. This completed the 2021 share buy-back programme and Unilever delivered on its intention to buy back shares with an aggregate market value equivalent of up to €3 billion.

Announced on 29 April 2021

On 29 April 2021, Unilever PLC announced its first quarter results and a share buyback programme of up to €3 billion to be completed by the end of the year.

Announced on 6 May 2021

On 6 May 2021, Unilever PLC announced it would commence the first tranche of this buyback programme (the “Initial Programme”) on 6 May 2021 for an aggregate market value equivalent to €1.5 billion which will be bought back in the form of Unilever PLC ordinary shares.

Any further tranches of the buyback programme, which may be conducted after completion of the Initial Programme, will be announced in due course.

The Initial Programme, the purpose of which is to reduce the capital of Unilever PLC, will take place within the limitations of the authority granted to the Board of Unilever PLC by its general meeting, held on 5th May 2021, pursuant to which the maximum number of shares to be bought back by Unilever PLC is 262,811,000.

The Initial Programme will commence on 6 May 2021 and will end on or before 27 August 2021.

Unilever PLC has entered into non-discretionary instructions with UBS AG, London Branch to conduct the Initial Programme on its behalf and to make trading decisions under the Initial Programme independently of Unilever PLC.

Announced on 20 August 2021

On 20 August 2021, Unilever announced the commencement of the second tranche of its programme to buy back shares with an aggregate market value equivalent of up to €3 billion.

On 29 April 2021, Unilever PLC announced its first quarter results and a share buyback programme of up to €3 billion to be completed by the end of this year.

The first tranche of this buyback programme (the "Initial Programme") began on 6 May 2021 and completed on 13 August 2021.

On 20 August 2021, Unilever announced the second tranche of the programme which would commence on 23 August 2021 and complete on or prior to 31 December 2021 (the "Second Tranche"). This Second Tranche will be to buy back Unilever PLC ordinary shares with a total market value of up to €1.5bn. The Second Tranche, the purpose of which is to reduce the capital of Unilever PLC, will take place within the limitations of the authority granted to the Board of Unilever PLC by its general meeting, held on 5th May 2021, pursuant to which the maximum number of shares to be bought back by Unilever PLC is 262,811,000. After taking into account the number of shares bought back under the Initial Programme, the maximum number of shares that can be bought back under the Second Tranche is 232,343,270.

Unilever PLC has entered into non-discretionary instructions with UBS AG, London Branch to conduct the Second Tranche on its behalf and to make trading decisions under the Second Tranche independently of Unilever PLC.

Announced on 3 December 2021

Unilever PLC announces the successful completion of the second tranche of its share buyback programme initially announced on 29 April 2021 (the 'Second Tranche'). Under the Second Tranche, which began on 23 August 2021, 32,508,415 Unilever PLC shares were purchased with a total value equivalent of approximately €1,499,999,934.

Under the first tranche of this buyback programme, which began on 6 May 2021 and completed on 13 August 2021, 30,467,730 Unilever PLC shares were purchased.

All of the shares purchased in the buyback programme have been placed in treasury. As a result, Unilever PLC holds a total of 62,976,145 shares in treasury and has a total of 2,566,267,627 non-treasury shares in issue. Of the non-treasury shares in issue, a total of 5,301,252 shares (including shares represented by Unilever PLC ADSs) are held by or on behalf of companies in the Unilever group (the 'Unilever Group Shares'). The voting rights attaching to the Unilever Group Shares are not exercisable.

With the completion of the Second Tranche, Unilever has delivered on its intention, as announced on 29 April 2021, to buy back shares with an aggregate market value equivalent of up to €3 billion.

Please see the total voting rights announcement dated 1 December 2021 for Unilever PLC's latest total voting rights figure published under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rule 5.