Nelson Peltz on Challenges Facing P&G

Trian’s Objective is to Create Sustainable Long-Term Shareholder Value at P&G.  That means Trian is:

NOT advocating for the break-up of the Company

NOT suggesting that the CEO be replaced

NOT seeking to replace directors

NOT advocating taking on excessive leverage

NOT seeking to cut pension benefits

NOT suggesting that research & development, marketing
expense or capital expenditures be reduced

NOT seeking cost cuts that could impact product quality

NOT suggesting the Company move out of Cincinnati