Procter & Gamble Investor Presentation — July 2020

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Fiscal Year 2020IMMEDIATE PRIORITIES

1.Ensuring the health and safety of the men and

women of P&G around the world.

2.Maximizing the availability of products that help people and their families with their health, hygiene

3.Helping society meet and overcome the

challenges they face.SUPERIORITY

LEADING CONSTRUCTIVE DISRUPTION

FOCUSED & AGILE ORGANIZATIONSTRATEGIC FOCUS AREAS

PORTFOLIO : DAILY USE, PERFORMANCE DRIVES BRAND CHOICE

PRODUCTIVITY TO FUEL INVESTMENTS

Products Packaging ValueNew Standard

Communication Retail ExecutionMet or exceeded on each of the going- in targets for the year –organic sales

growth, core EPS growth, free cash flow productivity and cash returned to

Organic sales grew +6% driven by volume, pricing and mix.

9 of 10 global product categories grew organic sales.

Built aggregate value share.

Focus remains on executing our strategies to deliver balanced top- line and

bottom -line growth along with strong cash generation.FY 2020

HIGHLIGHTSFiscal Year 2020

Organic Sales Growth

Organic Volume Growth

114%Currency Neutral

Core EPS Growth+17%1%2%

FY '16 FY '17 FY '18 FY '19 FY '20FY 2020 sales growth was driven by

volume, pricing and mix. ORGANIC SALES GROWTH

ANNUAL PROGRESSION-2%7%8%

FY '16 FY '17 FY '18 FY '19 FY '20CORE EPS GROWTH

ANNUAL PROGRESSION7%11%

FY '16 FY '17 FY '18 FY '19 FY '20CURRENCY -NEUTRAL CORE EPS GROWTH

ANNUAL PROGRESSIONBusiness Results

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