Nestlé Waters targets positive water impact by regenerating local water cycles

VEVEY,Switzerland,June 29,2021 -- Nestlé Waters will expand its current efforts to manage water sustainably and increase its collaboration with partners to identify and support local solutions. These solutions are designed to help regenerate the ecosystems in the areas around each of Nestlé Waters' 48 sites. As of 2025,they will help nature retain more water than the business uses in its operations.

The new initiative builds on the company's 2017 commitment to certify all of its Waters sites by the Alliance for Water Stewardship (AWS) by 2025.Thisstandardrequires water users to understand and act collectively on water challenges.

Nestléwill now use its expertiseto advance the regeneration of local water cycles through the implementation of more than 100 projects for its 48 sites by 2025.Thesenew,measurable actionswillsupportbetterwater management and infrastructure.Some project examples include:

Buxton – Land conservation (protecting land from development) and natural flood management interventions in Derbyshire,UK

Vittel – River restoration and renaturation projects in Vosges,France

Nestlé Pure Life – Support for farmers to use drip irrigation in Sheikhupura,Pakistan

Nestlé Pure Life – The delivery of water treatment,filtration and pipeline infrastructure for the municipal water supply in Benha,Egypt

Nestlé will invest CHF 120 million (USD 130 million) to assist the implementation of the more than 100 projects.

"Today,we are accelerating our journey to support the regeneration of local water cycles and are challenging ourselves to take bold new steps," said Muriel Lienau,Head of the Waters Business."We want to play an active role in helping to conservewater resources everywhere we operate.To do so,wewillworkwithmany partners todevelop tailored projects that help find local solutions."

Climate change,higher water consumption,growing urbanization anddamagedinfrastructure are some of the factors contributing to thedeteriorationof the natural water cycle. These trends areinterfering with the predictability ofprecipitation and the availability ofcleanwater.Additionally,rising temperatures and more extreme weather patterns are causing more flooding and droughts.

"As abusinesswith alongheritage of nature protection and water stewardship,we want to go beyond the conservation of water sources to help regenerate and restore water cycles in the areas where we operate," said Cédric Egger,Head of Sustainability at Nestlé Waters. "We know the water challenge is global,but it can only be tackled through local solutions. Now is the time toexpand the scope of our actions. WithNestlé's presence around the world,we canlearnfrom our many partnersandcontributeto solving the water challengesin the locations near our operations."

Nestlé's work will be tailored to individual locations,needs and issues andwilltake abroaderapproach,goingbeyondits own operations. The company will work with local water users,communities,partners and global experts to identify,develop and progress projects specific to those challenges.As afoundingmember of the2030 Water Resources Group(2030WRG),Nestlé has a history ofcollaborating withleadersand expertsfromthe public,private and civil society sectorsto help designsolutions for sustainable water management.The company will applyits experience and learnings from the2030 WRGas well as from its many other partnershipsin the implementation of themore than 100water projects outlined above.

All projects will bemeasurable,using the World Resources Institute's Volumetric Water Benefit Accounting (VWBA) methodology.Thismethodology provides consistencyin analyzing water management activitiesand helps to ensure that such activities address current and futuresharedwater challenges.

Usingthismethodology,anewly created external panelwill reviewtherelevance andsustainabilityofthe projectsand give feedback on whether they are helping to address thelocal challenges and opportunities.Nestlé Waters will provide full transparency on the water usage at each of its sites and on what its projects contribute to the area.

Contacts:

Media:

Christoph Meier

mediarelations@nestle.com

Investors:

Luca Borlini

ir@nestle.com