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LACTALIS - NESTLE joint venture

LACTALIS - NESTLE joint venture. Project status by country October 19 th , 2006 Meeting. LACTALIS and NESTLE Joint-Venture French overview. Transfer new Headquarters : scheduled for October 23 rd, 2006 to Noisy le Grand nearby Noisiel (8 km) Number of employees transferred :

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LACTALIS - NESTLE joint venture

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  1. LACTALIS - NESTLE joint venture Project status by country October 19th, 2006 Meeting

  2. LACTALIS and NESTLE Joint-VentureFrench overview • Transfer new Headquarters : scheduled for October 23 rd, 2006 to Noisy le Grand nearby Noisiel (8 km) • Number of employees transferred : • NPLF remains as a legal entity (SA) and becomes a subsidiary of the JV • Total NPLF employees : 1 320 • Factories : 1 080 • Commercial/marketing and Head Office : 240 • Employees from Local Nestlé Business Services transferred : none • Situation of employee consultation process : both Central Works Council (CCE) of NF and NPLF have been consulted (NPLF CCE September 22nd, 2006 ; NF CCE September 26th, 2006) • Terms and conditions : the project has no impact on the level of employment and the social benefits. All social terms remain unchanged • Situation of pension plan : no change

  3. FTE’s Missing 7 1 1 1 3 1 - - 65 2 15 3 2 1 93 9 Structure LNPF Italy – 1.1.2007 • Marketing • NPD/QA • study being completed • Controlling • HR • provided by Galbani • Sales (incl. customer service) • Logistics • Country Business Manager + Assistant • Total #

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