Nestl Human Resources Policy

Vision & Values

Nestls HR policy is built around the companys overarching purpose: Good Food, Good Life. The people strategy translates that purpose into concrete actions that attract, develop, and retain talent who share the belief that nutrition, health, and sustainability are central to a better future.

Core Principles

• Respect for Diversity: Embrace cultural, gender, generational and neurodiversity across all locations.
• MeritBased Advancement: Performance, capability and potential drive career progression, not tenure alone.
• Transparency: Clear communication of policies, expectations and career pathways.
• Safety & Wellbeing: A safe workplace is a prerequisite for productivity and innovation.
• Sustainability: HR practices support Nestls NetZero CO goal and responsible sourcing.

Recruitment & Onboarding

Recruiting at Nestl follows a structured, inclusive process:

1. Workforce Planning: Align talent needs with business targets and regional market trends.
2. Talent Sourcing: Use internal talent pools, university partnerships, and external platforms to reach a broad audience.
3. Selection Framework: Competencybased interviews, situational judgement tests and, where appropriate, assessment centres.
4. Diversity Checkpoints: Ensure each shortlist meets defined diversity criteria before final decisions.
5. Onboarding Journey: A 90day integration plan that includes compliance training, mentor assignment, and early performance checkins.

Learning & Development

Nestl invests heavily in continuous learning:

• Digital Learning Hub: Over 2,000 courses on leadership, sustainability, data analytics and more.
• Career Pathways: Structured ladders for functional, technical and managerial tracks.
• Mentoring & Coaching: Pairing junior talent with senior leaders to accelerate development.
• Rotational Programs: Global rotations give highpotential employees crossfunctional exposure.
• PerformanceDriven Learning: Development plans are linked to quarterly performance reviews.

Compensation & Benefits

Compensation at Nestl is designed to be fair, competitive and incentivealigned:

• Base Salary: Benchmarked annually against market data for each region and role.
• Variable Pay: Annual bonuses tied to personal, team and company performance metrics.
• LongTerm Incentives: Stock options, performance shares and retirement savings plans for eligible employees.
• Benefits Portfolio: Health insurance, parental leave, flexible working arrangements, and wellness stipends.
• Equity & Inclusion Pay Audits: Regular genderpay gap analyses and corrective actions where needed.

Wellbeing & Inclusion

Creating a supportive environment is a core HR objective. Initiatives include:

• Employee Assistance Programs (EAP): Confidential counseling, legal and financial advice.
• Flexible Work Models: Remote, hybrid and flexible hours where operationally feasible.
• Health & Nutrition: Onsite wellness centers, healthy meal options and fitness challenges.
• Inclusion Networks: Communities for women, LGBTQ+, veterans, people with disabilities and multicultural groups.
• ZeroTolerant Harassment Policy: Clear reporting channels and swift investigative procedures.

Compliance & Ethics

All HR actions must comply with local labor laws, Nestls Code of Business Conduct and international standards such as the UN Guiding Principles on Business and Human Rights.

HR also monitors:

• Workplace safety incidents and corrective action plans.
• Equal opportunity compliance through audit trails.
• Data protection for employee records under GDPR and other regional regulations.

Future Outlook

Nestls HR policy continues to evolve. Upcoming focus areas include:

• AIenabled talent analytics for predictive workforce planning.
• Expanded reskilling programs for digital transformation.
• Greater emphasis on climatepositive employee initiatives.
• Strengthening the employee voice through digital engagement platforms.

By aligning people strategy with business ambition, Nestl aims to retain its reputation as a responsible employer and a leader in the foodandbeverage industry.