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SEPTEMBER 6, 2017 - Trian Partners

2017 Trian Fund Management, All rights reserved. SEPTEMBER 6, 2017 Disclosure Statement and Disclaimers - 1 - Additional Information Trian Fund Management, ( Trian ) and certain of the funds and investment vehicles it manages (collectively, Trian with such funds and investment vehicles, Trian Partners ), together with other participants (collectively, the Participants ) identified in the definitive proxy statement (the Proxy Statement ) filed by Trian Partners and the other Participants on Schedule 14A with the Securities and Exchange Commission (the SEC ) on July 31, 2017, are participants in the solicitation of proxies made in connection with the 2017 annual meeting of shareholders of The Procter & Gamble Company (the Company ), including any adjournments or postponements thereof or any special meeting that may be called in lieu thereof (the 2017 Annual Meeting ).

Disclosure Statement and Disclaimers - 2 - Forward-Looking Statements This presentation contains forward- looking statements. All statements contained in this presentation that are not clearly histor ical in nature or that

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