Exhibit TM_MUT_246_48ACDB97 · Nestle

Climate Evaluation

Same commitment, later deadline.

Timeline slipConfidence: Very likely

This is part of the three-year CHF 20 billion share buyback program announced in July 2017.

This is part of a new three-year CHF 20 billion share buyback program announced in 2019, commencing January 3, 2020.

The announcement date for Nestlé's 20 billion Swiss franc share buyback program was updated from July 2017 to 2019, while the program's size, three-year duration, and January 2020 start date remain unchanged.

2018

"This is part of the three-year CHF 20 billion share buyback program announced in July 2017."

2019· candidate

"This is part of a new three-year CHF 20 billion share buyback program announced in 2019, commencing January 3, 2020."

2018

2019

Mutation ReasoningThe new claim maintains the exact financial parameters and execution timeline of the historical stance (CHF 20 billion, 3-year term, starting Jan 2020) but exhibits a temporal drift regarding the announcement date, shifting it from July 2017 to 2019. This represents a mutation in the historical framing of the program's origin without altering the substantive financial commitment.

Intelligence Provenance Ledger

PACIA Job ID:555040bc-87f5-49ec-8e4a-21ef662af760Target Entity:NestleBase Anchor:fuseki:entity:nestleCandidate Hash:urn:uuid:555040bc-87f5-49ec-8e4a-21ef662af760Retrieval Date:2026-07-01 (Automated pipeline)

This record maps to the agent consensus transcript and scatter-gather execution logs. Review tracing methodology.

Climate Evaluation

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