Press Release: Nestle: Nestlé closes the sale of Nestlé Waters North America brands

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Vevey, March 31, 2021

Nestlé closes the sale of Nestlé Waters North America brands

Nestlé S.A. today announced the closing of the sale of Nestlé

Waters North America brands to One Rock Capital Partners in partnership

with Metropoulos & Co. for USD 4.3 billion.

This follows the completion of customary closing conditions.

Contacts:

Media:

Christoph Meier Tel.: +41 21 924 2200

mediarelations@nestle.com

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Joshua Morton Tel.: +1 571 457 5262

joshua.morton@us.nestle.com

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Investors:

Luca Borlini Tel.: +41 21 924 3509

ir@nestle.com

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March 31, 2021 12:30 ET (16:30 GMT)