Page 1

PRESS RELEASE BUSINESS RESULTS 9M 2021 Press Release Beiersdorf Beiersdorf exceeds pre - crisis level and continues growth momentum in third quarter 2021 Group sales grow by + 12.0 % ( € 5.8 billion ) in the first nine months Consumer Segment's sales up + 10.4 % ( € 4.6 billion ) , exceeding pre - crisis - level Broad - based growth driven by derma brands ( + 20.8 % ) , and the recovery of La Prairie ( + 26.2 % ) Outperformance in Latin America leads NIVEA's sales growth of + 6.8 % tesa delivers another strong quarter with sales growth of + 19.4 % ( € 1.2 billion ) Further progress in the two key strategic pillars digitalization and sustainability Hamburg , October 28 , 2021 - Beiersdorf AG completed the third quarter of 2021 successfully with strong sales improvement . Organic Group sales grew by 12.0 % to € 5.8 billion in the first nine months of the year ( single Q3 organic growth of 4.3 % ) exceeding the pre - COVID level of 2019. Beiersdorf succeeded in gaining significant market shares around the globe , especially in emerging markets such as Latin America . This development was driven by a strong focus on digital channels and successful product launches . Beiersdorf recorded strong e - commerce sales growth of 38 % in the Consumer Business Segment across all brands and regions in the first nine months of the fiscal year and will continue to invest in building on digital initiatives and capabilities . " Approaching the end of 2021 , we have made significant progress in implementing our strategic priorities as part of C.A.R.E. + , which is also reflected by our strong nine months financial results , " said Vincent Warnery , CEO of Beiersdorf . " The digital transformation and the shift towards a climate - positive future in particular are increasingly relevant for our consumers that's why we have worked intensively to further level up our initiatives in these areas . " Beiersdorf achieved further milestones as part of the " Care Beyond Skin " Sustainability Agenda . A recent example has been the launch of the NIVEA Naturally Good body lotion bottle that uses 50 % less plastic . Furthermore , more than 90 % of Beiersdorf's PET bottles in Europe are made of recycled plastic . Reducing CO2 emissions remain one of the core priorities for Beiersdorf with the science - based reduction target of 30 % for scope 1 , 2 and 3 emissions in absolute terms by 2025 - a target at the edge of what is technologically feasible today . However , as of 2022 , Beiersdorf is going a decisive step further and will invest in natural CO2 absorption to bring climate care to skincare and make NIVEA and Eucerin Beiersdorf's first 100 % climate neutralized skin care brands on the market . Beiersdorf is thus working intensively on its transformation towards greater sustainability and a reduced environmental footprint of its brands and products and will provide more information on this commitment in January . Continuation of upward trend in the Consumer Business Segment The Consumer Business Segment recorded organic sales growth of + 10.4 % in the first nine months of the year ( single Q3 organic growth of + 4.1 % ) . In nominal terms , sales rose by + 8.0 % to € 4.6 billion ( 2020 : € 4.3 billion ) . This development was largely driven by the strong performance of Beiersdorf's dermatological brands Eucerin and Aquaphor , the strong recovery of our La Prairie business as well as by a good overall showing in emerging markets . 1