Page 1

26 October 2021 2 Hygiene Health² Nutrition² £ m 4,476 3,330 2,067 Group net revenue² 3,275 + 3.3 % -6.8 % 9,873 + 3.6 % 1 LFL growth excludes IFCN China , Scholl and Biofreeze for the entirety of the current and prior periods . Non - GAAP measures are defined on page 9 . Net revenue includes IFCN China and Scholl for the period under ownership ( to 9 September and 1 June , respectively ) and Biofreeze ( from 12 July ) . Additional financial information , reflecting the disposal of IFCN China , is provided on page 6 . * * BROAD - BASED LFL GROWTH IN Q3 ; IMPROVED 2021 REVENUE OUTLOOK * * Q3 2021 LFL¹ + 2.9 % + 3.6 % £ m 1,449 1,186 640 @ reckitt + 3.8 % Reported -2.8 % -2.5 % -20.6 % YTD 2021 LFL¹ + 12.7 % -5.7 % + 0.7 % Reported + 5.9 % Q3 highlights : Group like - for - like ( ' LFL ' ) net revenue growth of + 3.3 % : broad - based growth , balanced between volume and price / mix and an encouraging start to the cold and flu season ; two - year ' stacked ' net revenue growth up over 18 % -10.5 % -16.6 % -5.3 % Group reported net revenue decline of -6.8 % : LFL growth of 3.3 % was offset by a negative net M & A impact of 5.0 % , primarily related to IFCN China , and adverse FX of 5.1 % Hygiene LFL growth of + 2.9 % : continued growth in Finish and Air Wick , offset by a slight decline in Lysol against a very strong comparative period Health LFL growth of + 3.6 % : sharp improvement in cold and flu sales trends ; lower declines in Dettol ; continued positive momentum in Intimate Wellness ; Biofreeze double - digit growth in Q3 ( not included in LFL ) Nutrition LFL growth of + 3.8 % : growth in each of the three IFCN regions , with VMS declining slightly ; reported net revenue declined 20.6 % reflecting the lower revenue from IFCN China eCommerce LFL growth + 23 % : 2 - year ' stacked ' net revenue growth of 86 % Commenting on these results , Laxman Narasimhan , Chief Executive Officer , said : " In September , we reiterated the building blocks which will see Reckitt return to mid - single digit revenue growth and mid 20's margins . There is more to be done , but today's results are testament to our progress , with 3.3 % LFL revenue growth building on the 15.3 % growth of Q3 2020. We've delivered growth in each of our three GBUs and in each of our three geographic regions , with a balance of volume and price / mix across the portfolio . Nine of our ten largest brands are up double - digits on a two - year basis . Reflecting this strength , we now expect like - for - like net revenue growth for FY 2021 in the range of 1-3 % . Despite significant cost pressures , the benefits of our pricing actions , mix and productivity programme , mean our margin guidance is unchanged , and we remain confident in our medium - term outlook . " 1