Exhibit TM_MUT_354_7ED63A52 · Nestle

Climate Evaluation

Same commitment, later deadline.

Timeline slipConfidence: Virtually certain

Continued improvement in organic sales growth and Underlying Trading operating profit margin toward our 2020 targets.

2024 outlook: we expect organic sales growth around 4% and a moderate increase in the underlying trading operating profit margin.

The company shifted from broad, long-term strategic goals for 2020 to a specific, short-term financial forecast for 2024 that predicts around 4% sales growth and increased profit margins.

2018

"Continued improvement in organic sales growth and Underlying Trading operating profit margin toward our 2020 targets."

2023· candidate

"2024 outlook: we expect organic sales growth around 4% and a moderate increase in the underlying trading operating profit margin."

2018

2023

Mutation ReasoningThe new claim updates the historical stance by replacing a general reference to improving metrics toward 2020 targets with a specific 2024 forecast of 4% organic sales growth and moderate margin increases. This represents a drift in specificity and timeframe rather than a contradiction or change in fundamental policy direction.

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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