Press Release: Nestle: Nestlé announces the retirement of Sanjay Bahadur

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[Ad hoc announcement pursuant to Art. 53 LR]

This press release is also available in Français (pdf) https://www.globenewswire.com/Tracker?data=Fhbf4Cl4aU6LGLajoAExjl6rSBBH1gzlAyOAL7DkM8yLNqAdWkVP4PXd9kmDJBTYBHPtmZkSpzw6r-5gB7GTGoaYDAAXK1SJe-QxV0pd8x83-GM0s1ZVj0HbRtWKRgkiYtC3pqqtwH4s5SemjJuYd--Pf5Ezarfm-D9kqSpr2Ui4kZPWzygutyigChRUe7dJ and Deutsch (pdf) https://www.globenewswire.com/Tracker?data=fKLPJmSi0wGNgekccG35AUCq2pr9DnW16jRYDmDsMKPbU_xyAviLnJfoDlh3AkMzxF5RMep3jw1V0QPiPfxFs2CEyWlAc45WkY-YLdq3q61_QbGhis3JD-ioz2o1GmzClMC5MVJ0_SqeUKDfx48iVakT4Fk0r7BcR0KJZgId-uNrN2CRqTyKjU0CSJWXVKgc

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Nestlé announces the retirement of Sanjay Bahadur

Vevey, November 20, 2025

Sanjay Bahadur, Executive Vice President and Head of Group Strategy and Business Development, will take a well-deserved retirement at the end of December 2025 after a distinguished career of more than 40 years at Nestlé. He has held various roles across India, Switzerland, Hong Kong, Türkiye and China during his tenure. In his current position, Sanjay Bahadur was responsible for portfolio management, the identification and execution of M&A transactions, as well as venture funds, external partnerships and licensing agreements.

Philipp Navratil, CEO of Nestlé, commented: "On behalf of everyone at the company, I would like to extend a heartfelt thanks to Sanjay for his many contributions to Nestlé. He consistently demonstrated uncompromising integrity and a humble approach to leadership, fostering trust and collaboration across the organization. We wish him all the best for this next chapter."

Following Sanjay Bahadur's retirement, the M&A function will report to CFO Anna Manz.

Contacts:

Media:

Christoph Meier Tel.: +41 21 924 2200

mediarelations@nestle.com https://www.globenewswire.com/Tracker?data=ePsAHWlGYRviH6pyRrAVCNA94auwkmiHfzLH2aigcfCkHzPISD3k9oPCPyB3hiXwMQGA9dV7iQj-NUMpTEs4rdWUkpmk7NZ2ZK6VW168re3BNxo38iIW4RvtzUhnaB1b

Investors:

David Hancock Tel.: +41 21 924 3509

ir@nestle.com https://www.globenewswire.com/Tracker?data=a_-JCMXHKIGPwPjXdG_gO4GC0uOiCJE495CBaXMvTdE9l1KWG-ppr7aZdzSlsOloQ6RRHtT_lAjax16yLnZCoQ==

(END) Dow Jones Newswires

November 20, 2025 12:30 ET (17:30 GMT)