The earnings per share calculations are based on the average number of share units representing the ordinary shares of PLC in issue during the period, less the
average number of shares held as treasury shares. On 8 December 2025, Unilever PLC ordinary shares were consolidated to maintain share price comparability
before and after the demerger of the Ice Cream business. Shareholders received 8 new Unilever shares with a nominal value of 31/2 pence each for every 9
existing ordinary shares which had a nominal value of 31/9 pence each. The overall effect of the share consolidation and demerger dividend did not constitute a
share repurchase at fair value, therefore the average number of shares has been adjusted retrospectively for the impact of the share consolidation in all periods
presented.
In calculating diluted earnings per share, a number of adjustments are made to the number of shares, principally, the exercise of share plans by employees.