From The CEO

CEO David Taylor talks with CNBC’s Jim Cramer about P&G’s recent transformation into a stronger, more focused and more profitable company with an innovative, market leading portfolio of brands that is creating shareholder value ahead of industry peers. Mr. Taylor also discussed the ongoing proxy contest and explains why Nelson Peltz does not have the requisite skills nor the experiences the Company seeks for membership on P&G’s Board.

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We strongly recommend you vote the BLUE Proxy Card to maintain our momentum and continue advancing our plan for the following reasons:

  • P&G is delivering growth and shareholder value with a strategy and plan that is working.
  • P&G has transformed itself with a streamlined and focused portfolio of brands and categories.
  • P&G is fueling growth and value through significant productivity improvements.
  • P&G has simplified its organization design to drive clear ownership and accountability for decisions and results by category.
  • P&G is raising the bar to a new standard of excellence to meet the needs of consumers.
  • P&G has a highly diverse and experienced Board that was carefully selected to bring the right balance of fresh perspectives and strong institutional knowledge.

We believe Mr. Peltz initiated the proxy contest to satisfy his own agenda and to meet the expectations of his limited partners. What’s best for P&G right now is balance and focus, with the Board and employees continuing a steady commitment to a plan that is working. P&G will not benefit from change for the sake of change.

Click here to learn how to vote the BLUE Proxy Card today. To learn more about how we are continuing to deliver on our goal of balanced growth, value creation and total shareholder return, please view the following letters.

Messages from Chairman, President and CEO David Taylor

Our Own Powerful Agents of Change
October 2, 2017

We are excited about our transformation journey and about our future. We are well into the journey of meeting current and future consumer needs and delivering the results that you expect from P&G.

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Much Stronger & Positioned to Win
September 20, 2017

P&G is well-positioned with the right portfolio, the right plan, the right structure, and the right Board in place to deliver results and shareholder value for the short-, mid- and long-term.

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Facts on Our Progress & Plan
September 11, 2017

P&G is a profoundly different, much stronger, and more profitable company than it was just a few years ago. Our focused portfolio of market leading brands is creating consumer and shareholder value.

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Our Diverse, Experienced Board
August 28, 2017

P&G has a world-class Board with the experience and insights to deliver growth and shareholder value, and is executing a winning strategy that is working. Trian is focused on an outdated view of P&G, not the P&G of today.

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P&G is on the Right Track
August 14, 2017

Since the CEO transition on November 1, 2015, our team has delivered total shareholder return of 27% - well above the 8% weighted average return during the same period for companies where Nelson Peltz serves as a Board member.

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Delivering on Commitments
August 1, 2017

Fiscal 2017 was a success – we met or exceeded our objectives despite slowing market growth and volatile currency and commodity environments around the world.

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