<SEC-DOCUMENT>0000080424-22-000111.txt : 20221220
<SEC-HEADER>0000080424-22-000111.hdr.sgml : 20221220
<ACCEPTANCE-DATETIME>20221220121743
ACCESSION NUMBER:		0000080424-22-000111
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20221220
DATE AS OF CHANGE:		20221220

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PROCTER & GAMBLE Co
		CENTRAL INDEX KEY:			0000080424
		STANDARD INDUSTRIAL CLASSIFICATION:	SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
		IRS NUMBER:				310411980
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-249546
		FILM NUMBER:		221473768

	BUSINESS ADDRESS:	
		STREET 1:		ONE PROCTER & GAMBLE PLAZA
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202
		BUSINESS PHONE:		5139831100

	MAIL ADDRESS:	
		STREET 1:		ONE PROCTER & GAMBLE PLAZA
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PROCTER & GAMBLE CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>uksis424b32022.htm
<DESCRIPTION>UK SIS 424B3 2022
<TEXT>
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         Document created using Broadridge PROfile 22.10.1.5080
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      <div style="font-family: 'Times New Roman',Times,serif;">Filed Pursuant to Rule 424(b)3<br>
      </div>
      <div style="font-family: 'Times New Roman',Times,serif;">Registration No. 333-249546</div>
    </div>
    <div style="font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Prospectus Supplement dated December 20<font style="background-color: rgb(255, 255, 0);"></font>, 2022</div>
    <div style="font-family: 'Times New Roman',Times,serif; font-size: 11pt;">(To Prospectus Dated October 19, 2020)</div>
    <div style="margin-bottom: 10pt; font-size: 11pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The Procter &amp; Gamble Company</div>
    <div style="text-align: center; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The Procter &amp; Gamble U.K. Share Investment Scheme</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">100,000 Shares of Common Stock (without par value)</div>
    <div style="text-align: center; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">_________________</div>
    <div style="font-size: 11pt;"><br>
    </div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">This is a Prospectus Supplement (&#8220;Supplement&#8221;) to the Prospectus dated October 19, 2020 (the &#8220;Prospectus&#8221;), related to The Procter &amp;
      Gamble U.K. Share Investment Scheme (the &#8220;Plan&#8221;).</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The information set forth below is intended to amend, in each case to the extent the context requires, those sections originally set forth
      in the Prospectus. If the information in this Supplement is inconsistent with the accompanying Prospectus, this Supplement will supersede information in the Prospectus.&#160; All other sections originally set forth in the Prospectus are unchanged.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">It is important for you to read and consider carefully all information contained or incorporated by reference in this Supplement and the
      accompanying Prospectus with respect to this offering prior to making a decision to invest. Please see the<font style="font-weight: bold;"> </font>&#8220;Incorporation of Certain Documents by Reference&#8221; section of the Prospectus for information on us and
      our financial statements.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"> <br>
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      <br>
      <div style="text-align: center; margin-top: 18pt; font-size: 11pt; font-weight: bold;">TABLE OF CONTENTS<a name="TABLEOFCONTENTS"><!--Anchor--></a><!--Anchor--></div>
      <font style="font-size: 11pt;"> </font>
      <div style="text-align: center; margin-top: 18pt; font-size: 10pt; font-weight: bold;">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; color: #000000; width: 100%;">

            <tr>
              <td style="width: 89.28%; background-color: rgb(204, 238, 255);">
                <div style="text-align: center; font-size: 11pt;">&#160;<u><font style="font-weight: bold;">Prospectus Supplement</font></u><br>
                </div>
              </td>
              <td style="width: 10.72%; text-align: center; font-size: 10pt; background-color: rgb(204, 238, 255);"><font style="font-size: 11pt;"><u><font style="font-weight: bold;">Page</font></u><br>
                </font> </td>
            </tr>
            <tr>
              <td style="width: 89.28%; font-size: 11pt;"><a href="#ABOUTTHISPROSPECTUSSUPPLE">ABOUT THIS PROSPECTUS SUPPLEMENT</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><br>
                </font></td>
              <td style="width: 10.72%;">
                <div style="text-align: center; font-size: 11pt;">&#160;S-1</div>
              </td>
            </tr>
            <tr>
              <td style="width: 89.28%; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1"><a href="#CHANGESTOTHEPROSPECTUS">CHANGES TO THE PROSPECTUS</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><br>
                </font></td>
              <td style="width: 10.72%; text-align: center; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1">&#160;S-1</td>
            </tr>

        </table>
      </div>
      <font style="font-size: 11pt;"> </font>
      <div style="text-align: center; margin-top: 18pt; font-size: 10pt; font-weight: bold;"><font style="font-size: 11pt;"> </font> <font style="font-size: 11pt;"> </font>
        <div style="margin-top: 18pt; font-weight: bold;">
          <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; color: #000000; width: 100%;">

              <tr>
                <td style="width: 50%; background-color: rgb(204, 238, 255);">
                  <div style="font-size: 11pt; text-align: center;">&#160;<u><font style="font-weight: bold;">Prospectus</font></u></div>
                </td>
                <td style="width: 6%; text-align: center; font-size: 10pt; background-color: rgb(204, 238, 255);"><font style="font-size: 11pt;"><u><font style="font-weight: bold;">Page</font></u><br>
                  </font> </td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;"><a href="#PROSPECTUSSUMMARY">PROSPECTUS SUMMARY</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#PROSPECTUSSUMMARY"> </a><br>
                  </font></td>
                <td style="width: 6%;">
                  <div style="text-align: center; font-size: 11pt;">&#160;1</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1"><a href="#THECOMPANY">THE COMPANY</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#THECOMPANY"> </a><br>
                  </font></td>
                <td style="width: 6%; text-align: center; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1">&#160;1</td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;"><a href="#RISKFACTORS">RISK FACTORS</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#RISKFACTORS">&#160;</a><br>
                  </font></td>
                <td style="width: 6%;">
                  <div style="text-align: center; font-size: 11pt;">&#160;2</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt; background-color: rgb(204, 238, 255);"><a href="#CAUTIONARYNOTEREGARDINGFO">CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#CAUTIONARYNOTEREGARDINGFO"> </a><br>
                  </font></td>
                <td style="width: 6%; background-color: rgb(204, 238, 255);">
                  <div style="text-align: center; font-size: 11pt;">&#160;2</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;"><a href="#USEOFPROCEEDS">USE OF PROCEEDS</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#USEOFPROCEEDS">&#160;</a><br>
                  </font></td>
                <td style="width: 6%;">
                  <div style="text-align: center; font-size: 11pt;">&#160;4</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt; background-color: rgb(204, 238, 255);"><a href="#DETERMINATIONOFOFFERINGPR">DETERMINATION OF OFFERING PRICE</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#DETERMINATIONOFOFFERINGPR">&#160;</a><br>
                  </font></td>
                <td style="width: 6%; background-color: rgb(204, 238, 255);">
                  <div style="text-align: center; font-size: 11pt;">&#160;4</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;"><a href="#PLANOFDISTRIBUTION">PLAN OF DISTRIBUTION</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#PLANOFDISTRIBUTION">&#160;</a><br>
                  </font></td>
                <td style="width: 6%;">
                  <div style="text-align: center; font-size: 11pt;">&#160;4</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; background-color: rgb(204, 238, 255);">
                  <div style="font-size: 11pt;">&#160;&#160;&#160;&#160;&#160;&#160; <a href="#WhoCanJoin">Who Can Join</a></div>
                </td>
                <td style="width: 6%; background-color: rgb(204, 238, 255);">
                  <div style="text-align: center; font-size: 11pt;">&#160;4</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;">&#160;&#160;&#160;&#160;&#160;&#160; <a href="#WhoAretheTrustees">Who Are The Trustees</a></td>
                <td style="width: 6%;">
                  <div style="text-align: center; font-size: 11pt;">&#160;4</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; background-color: rgb(204, 238, 255); font-size: 11pt;">&#160;&#160;&#160;&#160;&#160; <a href="#HowContributionsAreMade">How Contributions Are Made</a><font style="display: inline-block; text-indent: 0px; width: 12pt;">&#160;<br>
                  </font></td>
                <td style="width: 6%; background-color: rgb(204, 238, 255);">
                  <div style="text-align: center; font-size: 11pt;">&#160;4</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%;">
                  <div style="font-size: 11pt;">&#160;&#160;&#160;&#160;&#160;&#160; <a href="#WhenSharesArePurchased">When Shares Are Purchased</a><font style="display: inline-block; text-indent: 0px; width: 12pt;">&#160;<br>
                    </font></div>
                </td>
                <td style="width: 6%;">
                  <div style="text-align: center; font-size: 11pt;">&#160;4</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; background-color: rgb(204, 238, 255); font-size: 11pt;">&#160;&#160;&#160;&#160;&#160; <a href="#ContactWithTrustees">Contact With The Trustees</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#ContactWithTrustees">&#160;</a><br>
                  </font></td>
                <td style="width: 6%; background-color: rgb(204, 238, 255);">
                  <div style="text-align: center; font-size: 11pt;">&#160;5</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;">&#160;&#160;&#160;&#160;&#160; <a href="#SellingShares">Selling Shares</a></td>
                <td style="width: 6%;">
                  <div style="text-align: center; font-size: 11pt;">&#160;5</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; background-color: rgb(204, 238, 255); font-size: 11pt;">&#160;&#160;&#160;&#160;&#160; <a href="#Retirees">Retirees</a><font style="display: inline-block; text-indent: 0px; width: 12pt;">&#160;<br>
                  </font></td>
                <td style="width: 6%; background-color: rgb(204, 238, 255);">
                  <div style="text-align: center; font-size: 11pt;">&#160;5</div>
                </td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;" rowspan="1">&#160;&#160;&#160;&#160; &#160; <a href="#IfYouLeaveTheCompany">If&#160; You Leave the Company</a><font style="display: inline-block; text-indent: 0px; width: 12pt;">&#160;<br>
                  </font></td>
                <td style="width: 6%; text-align: center; vertical-align: top; font-size: 11pt;" rowspan="1">&#160;5</td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 10pt; background-color: rgb(204, 238, 255);" rowspan="1"><font style="font-size: 11pt;">&#160;&#160;&#160;&#160; &#160; <a href="#IfYouDie">If You Die</a><font style="display: inline-block; text-indent: 0px; width: 12pt;">&#160;</font></font>
                </td>
                <td style="width: 6%; text-align: center; vertical-align: top; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1">&#160;5</td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;" rowspan="1">&#160;&#160;&#160;&#160;&#160;&#160;<a href="#QUESTIONSANSWERS"> Questions &amp; Answers</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#QUESTIONSANSWERS">&#160;</a><br>
                  </font></td>
                <td style="width: 6%; text-align: center; vertical-align: top; font-size: 11pt;" rowspan="1">&#160;6</td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1"><a href="#DESCRIPTIONOFPROCTERGAMBL">DESCRIPTION OF PROCTER &amp; GAMBLE CAPITAL STOCK</a></td>
                <td style="width: 6%; text-align: center; vertical-align: top; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1">&#160;7</td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;" rowspan="1"><a href="#INTERESTSOFNAMEDCOUNSEL">INTERESTS OF NAMED COUNSEL</a><font style="display: inline-block; text-indent: 0px; width: 12pt;"><a href="#INTERESTSOFNAMEDCOUNSEL">&#160;</a><br>
                  </font></td>
                <td style="width: 6%; text-align: center; vertical-align: top; font-size: 11pt;" rowspan="1">&#160;8</td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 10pt; background-color: rgb(204, 238, 255);" rowspan="1"><font style="font-size: 11pt;"><a href="#EXPERTS">EXPERTS</a><br>
                  </font> </td>
                <td style="width: 6%; text-align: center; vertical-align: top; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1">&#160;8</td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt;" rowspan="1"><a href="#INCORPORATIONOFCERTAININF">INCORPORATION OF CERTAIN INFORMATION BY REFERENCE</a><font style="display: inline-block; text-indent: 0px; width: 12pt;">&#160;<br>
                  </font></td>
                <td style="width: 6%; text-align: center; vertical-align: top; font-size: 11pt;" rowspan="1">&#160;8</td>
              </tr>
              <tr>
                <td style="width: 50%; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1"><a href="#WHEREYOUCANFINDMOREINFORM">WHERE YOU CAN FIND MORE INFORMATION</a></td>
                <td style="width: 6%; text-align: center; vertical-align: top; font-size: 11pt; background-color: rgb(204, 238, 255);" rowspan="1">&#160;9</td>
              </tr>

          </table>
        </div>
        <font style="font-size: 11pt;"> </font>
        <div style="margin-top: 18pt; font-weight: bold;"><font style="font-size: 11pt;"> </font><br>
        </div>
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        <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
        </div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    <!--PROfilePageNumberReset%Num%1%S-%%-->
    <div><font style="font-size: 11pt; font-weight: bold;">ABOUT THIS PROSPECTUS SUPPLEMENT<a name="ABOUTTHISPROSPECTUSSUPPLE"><!--Anchor--></a></font> </div>
    <div><br>
    </div>
    <div>
      <div style="font-size: 10pt;"><font style="font-size: 11pt;">This is a Prospectus Supplement (&#8220;Supplement&#8221;) to the Prospectus dated October 19, 2020 (the &#8220;Prospectus&#8221;), related to The Procter &amp; Gamble U.K. Share Investment Scheme (the &#8220;Plan&#8221;).&#160;
          We made certain changes to the Plan and the information set forth below is intended to amend certain sections originally set forth in the Prospectus. All other sections originally set forth in the Prospectus are unchanged.</font></div>
      <div style="font-size: 10pt;"> <br>
      </div>
    </div>
    <div style="text-indent: 18pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The following are the changes to the Plan:</div>
    <div style="text-indent: 18pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable">

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            <td style="width: 36pt; vertical-align: top; text-align: right; font-size: 11pt;">
              <div style="text-align: left; margin-left: 18pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">We amended the Rules of the Plan to only allow eligible retirees to purchase shares until December 31, 2022.&#160; Beginning on January 1, 2023, retirees will be able to
                hold shares and reinvest dividends, but not make any new purchases.&#160; Additionally, the eligible participants in the Plan changed from &#8220;permanent U.K. employees&#8221; to &#8220;U.K. employees.&#8221;</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-indent: 18pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable">

          <tr>
            <td style="width: 36pt; vertical-align: top; text-align: right; font-size: 11pt;">
              <div style="text-align: left; margin-left: 18pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">We amended the Rules of the Plan to require the use of payroll deduction in most circumstances.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zba8cf1f79c88454c96a4e50226340da3">

          <tr>
            <td style="width: 36pt; vertical-align: top; text-align: right; font-size: 11pt;">
              <div style="text-align: left; margin-left: 18pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">The Plan Administrator&#8217;s contact information has changed as set forth in the amended <font style="font-style: italic;">The Company</font> section below.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z9bb7399bb16b4845afd862f75ea78184">

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            <td style="width: 36pt; vertical-align: top; text-align: right; font-size: 11pt;">
              <div style="text-align: left; margin-left: 18pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">The Trustee has been changed and the contact information has been updated accordingly in the sections below.</div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z6016d131789a4e949d343ab38eaf1cc8">

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            <td style="width: 36pt; vertical-align: top; text-align: right; font-size: 11pt;">
              <div style="text-align: left; margin-left: 18pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">The <font style="font-style: italic;">Determination of Offering Price</font> section was updated to reflect the practice that shares are purchased &#8220;on or around&#8221;
                rather than &#8220;on or before&#8221; the fifth working day in each calendar month.</div>
            </td>
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    </div>
    <div> </div>
    <div> </div>
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              <div style="text-align: left; margin-left: 18pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">Certain minor procedural changes have been updated in the amended <font style="font-style: italic;">Plan of Distribution</font> section below.</div>
            </td>
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      </table>
    </div>
    <div> </div>
    <font style="font-size: 11pt; font-weight: bold;">CHANGES TO THE PROSPECTUS<a name="CHANGESTOTHEPROSPECTUS"><!--Anchor--></a></font>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"><br>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable">

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                <div style="text-align: left; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">A.</div>
              </td>
              <td style="width: auto; vertical-align: top; font-size: 11pt;">
                <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">The section of the Prospectus titled <font style="font-style: italic;">The Procter &amp; Gamble U.K. Investment Scheme </font>is amended and restated as
                  follows:</div>
              </td>
            </tr>

        </table>
      </div>
      <div>The Procter &amp; Gamble UK Share Investment Scheme (&#8220;Plan&#8221;) is a direct stock purchase plan designed to encourage long-term investment in The Procter &amp; Gamble Company (&#8220;the Company&#8221; or &#8220;P&amp;G&#8221;) common stock (&#8220;Common Stock&#8221;) by providing
        eligible employees and retirees with a convenient and economical method to purchase Company shares and to reinvest cash dividends toward the purchase of additional shares.&#160; If you are a member of another UK investment plan (e.g., the 1-4-1 Plan)
        and are already contributing the maximum amount allowed, or if you simply have a lump sum that you want to invest in the Company, this is the Plan to use.&#160; It is a means for you to invest in the potential long-term growth and success of the
        Company. </div>
    </div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The Plan is voluntary and is designed to allow eligible employees to invest in the Company at lower administration costs than through
      normal open market channels.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Unlike the 1-4-1 Plan, the Plan offers no tax advantage.&#160; The Company pays the broker&#8217;s fees for buying the shares, but not for selling
      them and is not liable for any tax or other charges levied on a member arising from the operation of the Plan.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">All U.K. employees of the Company and its subsidiaries are eligible to participate in the Plan.&#160; This includes those on unpaid leave of
      absence, temporary assignment overseas and employees of P&amp;G or any of its subsidiaries on assignment in the UK.&#160; P&amp;G UK retirees are also eligible to hold shares and reinvest dividends, and they can purchase shares until 31 December 2022.</div>
    <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">It is recommended that this prospectus be retained for future reference.</div>
    <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"> <br>
    </div>
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        <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
        </div>
      </div>
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;" class="BRPFPageNumber">S-1</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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  <div>
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zb04971ac3f264019b7e806592f5a2016">

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              <div style="text-align: left; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">B.</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">The section of the Prospectus titled <font style="font-style: italic;">The Company</font> is amended and restated as follows:</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The Procter &amp; Gamble Company is focused on providing branded consumer packaged goods of superior quality and value to improve the
      lives of the world&#8217;s consumers. The Company was incorporated in Ohio in 1905, having first been established as a New Jersey corporation in 1890, and was built from a business founded in Cincinnati in 1837 by William Procter and James Gamble. Today,
      our products are sold in more than 180 countries and territories. Our principal executive offices are located at One Procter &amp; Gamble Plaza, Cincinnati, Ohio 45202, and our telephone number is (513) 983-1100.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Following is a listing you may use to contact the Plan Administrator:</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">
      <table cellspacing="0" cellpadding="0" border="0" id="zb205d768052144f19398bf860b18761e" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; color: #000000; width: 100%;">

          <tr>
            <td style="width: 15%;">
              <div style="font-size: 11pt;">Written Inquiries:<br>
              </div>
            </td>
            <td style="width: 85%;">
              <div style="font-size: 11pt;">The Procter &amp; Gamble Share Investment Scheme Administrator<br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%;">
              <div style="font-size: 11pt;">&#160;</div>
            </td>
            <td style="width: 85%;">
              <div style="font-size: 11pt;">&#160;Link Group<br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 15%;">
              <div style="font-size: 11pt;">&#160;</div>
            </td>
            <td style="width: 85%;">
              <div style="font-size: 11pt;">&#160;10th Floor, Central Square<br>
              </div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 15%; font-size: 11pt;">&#160;</td>
            <td rowspan="1" style="width: 85%; font-size: 11pt;">&#160;29 Wellington Street<br>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 15%; font-size: 11pt;">&#160;</td>
            <td rowspan="1" style="width: 85%; font-size: 11pt;">&#160;Leeds</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 15%; font-size: 11pt;">&#160;</td>
            <td rowspan="1" style="width: 85%; font-size: 11pt;">&#160;LS1 4DL<br>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 15%; font-size: 11pt;">&#160;Telephone Inquiries:<br>
            </td>
            <td rowspan="1" style="width: 85%; font-size: 11pt;">&#160;0371 664 8352<br>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 15%; font-size: 11pt;">&#160;Email Inquiries:<br>
            </td>
            <td rowspan="1" style="width: 85%; font-size: 11pt;">emailquery@linkgroup.co.uk <br>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"> </div>
    <br>
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zda3afea5a5ce4cecbc91590fca280591">

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              <div style="text-align: left; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">C.</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">The section of the Prospectus titled <font style="font-style: italic;">Determination of Offering Price</font> is amended and restated as follows:</div>
            </td>
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      </table>
    </div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The Plan Trustee will purchase shares on the open market or for an open market price the beneficial interest held in shares by Plan
      participants wishing to sell their shares (See section below entitled &#8220;Selling Shares&#8221;).&#160; All shares are purchased in a single transaction on or around the fifth working day in each calendar month.&#160; Purchases are not possible at any other time.&#160; The
      cost of shares of the Company&#8217;s Common Stock acquired under the Plan is the average price of all shares purchased for each purchase period.</div>
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z53edc0b1a4734943bc0b585875cf8391">

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              <div style="text-align: left; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">D.</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">The section of the Prospectus titled <font style="font-style: italic;">Plan of Distribution</font> is amended and restated as follows:</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: center; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"><u>TERMS AND CONDITIONS OF THE PROCTER &amp; GAMBLE UK SHARE INVESTMENT SCHEME</u></div>
    <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The following is a description of the Plan:</div>
    <div style="margin-bottom: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Who Can Join</font></div>
    <div style="margin-bottom: 10pt;">All UK employees of the Company and its subsidiaries are eligible to participate in the Plan.&#160; This includes those on unpaid leave of absence, temporary assignment overseas, and employees of P&amp;G or any of its
      subsidiaries on assignment in the UK. P&amp;G UK retirees are also eligible to hold shares and reinvest dividends, and they can purchase shares until 31 December 2022.<br>
      <div><br>
      </div>
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          </div>
        </div>
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;" class="BRPFPageNumber">S-2</font></div>
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    <div style="margin-bottom: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Who Is The Trustee</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The Trustee is Link Market Services Trustees Limited.&#160; The Company Share Plan Manager is an appropriately experienced employee of the
      Company.&#160; Link Group is appointed to carry out administration and investment duties on behalf of the Trustee under the Plan.</div>
    <div style="margin-bottom: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">How Contributions Are Made</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Contributions must be made via payroll deduction to the Trustee of the Plan, unless the shareholder is on an unpaid leave of absence,
      where a standing order must be set up with their bank to make contributions directly to Link Group.&#160; The minimum contribution is &#163;10.00, but there is no maximum limit.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Members of the Plan may change the amount of their ongoing contributions at any time by amending their contribution value via My Benefits
      on the P&amp;G intranet before the next payroll cut-off date or, if applicable, by amending their standing order with their bank.</div>
    <div style="margin-bottom: 10pt;"><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">CONTRIBUTIONS CANNOT BE
        MADE ON BEHALF OF ANOTHER PERSON.</font></div>
    <div style="margin-bottom: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">When Shares Are Purchased</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">This is a separate Plan from the 1-4-1 Plan but shares for the Plan are normally purchased at the same time and for the same price as
      shares that are bought for the 1-4-1 Plan each month.&#160; Purchases are not possible at any time other than the usual monthly date.&#160; Contributions paid via payroll deductions and standing order will be used to purchase shares the following month.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Contributions are held by the Trustee prior to purchase.&#160; The Trustee will allocate to each member the largest whole number of shares
      which can be covered by contributions.&#160; If the Trustee receives contributions which exceed the amount needed to buy a whole number of shares, the remaining money will be credited to the individual and held for share purchase at a later date.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">You need to take account of the latest price of P&amp;G shares when deciding how much to contribute.&#160; If, for example, you decide to
      invest &#163;10 a month, it may be a number of months before the Trustee receives sufficient funds from you to purchase a single share on your behalf. No interest will be paid on any contributions held in the Plan before or after share purchase.</div>
    <div style="margin-bottom: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Contact With The Trustee</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The Trustee of the Plan will handle all contact with investors.&#160; Full details of the Share Investment Scheme shareholding and any residual
      cash can be found on the Link Share Portal: www.mypgshareportal.com&#160; The Trustee will account to members for any money arising from the sale or transfer of shares or rights.</div>
    <div style="margin-bottom: 10pt;"><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">During the time that
        shares are held on your behalf, the Trustee will pay out dividends on allocated shares as soon as is practicable.&#160; They will issue tax vouchers on dividends paid on shares held.</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">You can instruct the Trustee to reinvest dividends from this Plan (and the Matched Savings Share Purchase Plan (&#8220;MSSPP&#8221;)), if you are a
      member of the MSSPP as a means of buying more shares. Reinvestment of dividends is not subject to a minimum contribution.&#160; However, unless you are making regular contributions to the Plan anyway, you need to consider the likely level of dividends you
      will receive on your shares and the likely length of time your accumulated dividends might have to remain un-invested in view of the likely share price level, before deciding on dividend reinvestment.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"> <br>
    </div>
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      </div>
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    <div><br>
    </div>
    <div style="margin-bottom: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Selling Shares</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Shares purchased will be held by the Trustee of the Plan, in their name, until written instructions are received for sale.&#160; You can submit
      written instructions to the Trustee to sell your shares in this Plan at any time.&#160; The Trustee, rather than sell your shares on the open market, will normally buy your shares from you at the next time they buy or would buy shares on the open market
      for other members.&#160; They will pay the same price for shares bought from members as they paid, or would have paid, for shares bought on the open market at the same time.&#160; For sale at this normal monthly sale/purchase time, you may be required to pay a
      small flat rate charge.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">If the Trustee receives explicit written instructions from a member to sell shares immediately rather than wait for the next normal
      monthly sale/purchase date, you will pay the greater of the flat rate charge or the brokers&#8217; fees for an open market sale of shares.&#160; Members will be notified if an open market sale is not possible.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">If preferred, you can instruct the Trustee at any time to transfer your shares out of the Plan to you rather than to sell them for you.</div>
    <div style="margin-bottom: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Retirees</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">If you are a member of the MSSPP when you retire, you may transfer the shares you hold in that plan to this Plan when they become
      available for transfer or sale under the rules of the MSSPP.&#160; The shares will then be held for you by the Trustee until they receive written instructions to sell or transfer them.&#160; This means you will be able to continue holding the shares rather
      than selling them and will therefore have a continuing interest in, and connection with, the Company.</div>
    <div style="margin-bottom: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">If You Leave The Company</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Unless you are a retiree, any member who ceases to be employed by the Company or its subsidiaries, for whatever reason, must remove their
      shares from the Plan. Link Group will write to you with your options for sale or transfer and you must respond within 21 days of the date of their letter. If no such instruction is received, the Trustee will sell the shares and send the proceeds to
      the member&#8217;s bank account details held on record.</div>
    <div style="margin-bottom: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">&#8226;</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 36pt;" class="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif; font-weight: bold;">If You Die</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">If you die, the Trustee will transfer or sell all the shares and any residual contributions they were holding for you to your estate on
      production of a valid grant of probate or letters of administration.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"> <br>
    </div>
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    </div>
    <div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-bottom: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z50bb65ebb8854972b7ab5d154fee8ab1">

          <tr>
            <td style="width: 22.5pt; vertical-align: top; text-align: right; font-size: 11pt;">
              <div style="text-align: left; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">E.</div>
            </td>
            <td style="width: auto; vertical-align: top; font-size: 11pt;">
              <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">The section of the Prospectus titled <font style="font-style: italic;">Questions and Answers</font> is amended as follows:</div>
            </td>
          </tr>

      </table>
    </div>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="ebbcae307b07477a8180d20e3e094e6d" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-size: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">Q.1</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 31.5pt;" class="TRGRRTFtoHTMLTab"> <br>
            </font></td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Why is this Plan available?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z091883b9d95a47b0bad0559be027f240">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">It is a natural extension of the 1-4-1 Plan (and its predecessor, the Matched Savings Share Purchase Plan).&#160; If employees want to buy more P&amp;G shares, this Plan helps them do this.&#160;
              Additionally, similar plans exist in some places elsewhere in P&amp;G.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="8d5adfab1b9b4f55bd44c3aa0f109983" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-size: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">Q.2</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 31.5pt;" class="TRGRRTFtoHTMLTab"> <br>
            </font></td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Where will I find the price of a P&amp;G share?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z5af74d31aff44944b693856cae180e42">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">It is quoted daily in the Financial Times.&#160; It appears on the P&amp;G Intranet Home Page and can be found in the Link Share Portal: www.mypgshareportal.com.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="7c6c561a3ae84188941263df57b69bf7" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-size: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">Q.3</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 31.5pt;" class="TRGRRTFtoHTMLTab"> <br>
            </font></td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">What do I have to do if I leave the Company?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="zabf648277dc14a2c908f24876d8304a2">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Except for termination on death or retirement, then you must instruct the Trustee to sell or transfer any shares held within 21 days of receiving the letter sent to you
              by Link Group following your termination.&#160; If you do not do this, the Trustees will sell the shares.</div>
            <div style="font-size: 10pt;"> <font style="font-size: 11pt;"><br>
              </font></div>
            <div style="font-size: 10pt;"> <font style="font-size: 11pt;">On death, the shares will be held until instructions are received from the executor or administrator of the estate. On retirement, you can remain in the Plan.</font></div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="a7d32753644e4d13ab91b311b0ac9190" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-size: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">Q.4</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 31.5pt;" class="TRGRRTFtoHTMLTab"> <br>
            </font></td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">If I die after retirement, can my spouse continue in the Plan?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z187e4bb1fbd64e1e9d344bdd16772ca0">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">No.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="5378b821ace14555a7bc4735ab5dae66" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Q.5</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Does the Plan apply to non-harmonised employees?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z08b725ec2487458a95ce6bde2d6c5432">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">No.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="558e5ac60c834de29f9d9fb1f11e8c4e" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-size: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">Q.6</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 31.5pt;" class="TRGRRTFtoHTMLTab"> <br>
            </font></td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Why is there a minimum contribution?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z3170a39cca764f1c8647d608b2a3dffb">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">The administrative cost of the Plan, which is borne by the Company, increases as the number of transactions goes up.&#160; Having a minimum contribution means that the Company&#8217;s support for
              the purchase of shares is kept at a reasonable level if it requires a number of contributions to purchase one share.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="a05c5d224d884f5290d8bbd78c9c6223" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-size: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">Q.7</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 31.5pt;" class="TRGRRTFtoHTMLTab"> <br>
            </font></td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Is there a minimum/maximum number of shares that can be sold at any one time?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z09a6d33d93064ce88ac865eb818ff562">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">No - but if you want the shares sold immediately, it may not be possible for the Trustee to sell a small number of shares on the open market.&#160; Small numbers of shares can be bought by the
              Trustee from members on the one day each month when they are buying shares in the open market for other members.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="f5c1ddc8c00643b287d40df5e5468fb5" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-size: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">Q.8</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 31.5pt;" class="TRGRRTFtoHTMLTab"> <br>
            </font></td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Can I instruct the Trustee to buy a specific number of shares?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="zc622c91a4fa24e4da77a58ab7d67f0bf">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">No.&#160; They will buy as many whole shares as can be purchased by your contributions.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="703316cb48474f90bffa8da606d571ec" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-size: 10pt;"><font style="font-size: 11pt; font-family: 'Times New Roman',Times,serif;">Q.9</font><font style="display: inline-block; text-indent: 0px; font-size: 11pt; width: 31.5pt;" class="TRGRRTFtoHTMLTab"> <br>
            </font></td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">If I have questions about the Plan, or about my shares, whom do I contact?</font></td>
        </tr>

    </table>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">Your manager should be able to answer questions about how the Plan works.&#160; Specific questions about your own shares or account should be referred directly to the Plan Administrator.&#160; You
              can also access your share information on-line via the Link Share Portal at www.mypgshareportal.com</div>
          </td>
        </tr>

    </table>
  </div>
  <div class="BRPFPageBreakArea" style="clear: both; margin-top: 12pt; margin-bottom: 12pt;">
    <div class="BRPFPageFooter" style="width: 100%;">
      <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
      </div>
    </div>
    <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;" class="BRPFPageNumber">S-5</font></div>
    <div class="BRPFPageBreak" style="page-break-after: always;">
      <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    <div class="BRPFPageHeader" style="width: 100%;"></div>
  </div>
  <div><br>
  </div>
  <div>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="9d322d2fdfeb4885ad26e399909096ea" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Q.10</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Can I get further information about the Plan?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z1f244863dec9485ea3a865651be5f0f5">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">Yes.&#160; A copy of the formal trust deed and rules is available from your HR contact.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="0a5a872d1db44ec1bfa60aa0da85ece5" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Q.11</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Do I have to continue making payments to the Plan once I have joined?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z56a4ce7959fb4306a8f3e2588d564563">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">No - you can stop at any time.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="af1381f9759548998a303b37502a8907" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Q.12</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Will I have to pay tax when I sell the shares?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z3038f7f31fd84f728292a034922801f0">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman',Times,serif; font-size: 11pt;">If you sell any of your shares, you may become liable to pay Capital Gains Tax.&#160; Generally, this is calculated on the difference between the sale price of the shares
              (less selling costs) and their acquisition cost.&#160; For the 2022/23 tax year, capital gains up to &#163;12,300 (in total for all gains on all investments for any person) are not taxed.</div>
            <div style="font-size: 10pt;"> <font style="font-size: 11pt;"><br>
              </font></div>
            <div style="font-size: 10pt;"> <font style="font-size: 11pt;">Above this figure, tax is payable at the prevailing Capital Gains tax rate.&#160; The timing of any sale of Plan shares in relation to other share acquisitions or sales you make may
                affect the calculation of your capital gains.&#160; You are therefore advised to obtain independent financial advice before selling your shares.&#160; The sale of any of your shares may have to be reported on your annual income tax return.</font></div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="26ea55ab9c044b6590e06c3bf637c302" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Q.13</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">How long do the shares need to be kept?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="zd13019a47a204b20a46ee3485431bbef">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">Shares in the Plan can be sold at any time.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="d7fdcde7fef242b090811f8aeb10586a" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Q.14</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Are there any tax advantages of using this Plan?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="z822255728aa24bdba8fc089a64e53265">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">No.&#160; Unlike the 1-4-1 Plan, no Company contributions are paid direct to the Trustee on your behalf, the Plan does not have to be approved by HM Revenue &amp; Customs, and no tax advantage
              arises.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="c1d70958783d4a099656b0a8747a2a35" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

        <tr>
          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Q.15</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">What is the role of the Plan Administrator?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="zc9ed48dcdfe745fba1a5cc7878941eaa">

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          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">The Plan Administrator does everything except interpret the rules of the Plan.&#160; If you have any questions about your investment, or the purchase and sale of shares, then you should
              contact the Plan Administrator.&#160; This information is also available on-line via the Link Share Portal at www.mypgshareportal.com.&#160; However, if you want to know about the rules or the structure of the Plan, talk to your manager.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="3410da3a432641899674cdba9d4a9988" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;">

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          <td style="width: 4.5pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Q.16</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;"><font style="font-family: 'Times New Roman',Times,serif;">Do I need to tell the Plan Administrator of any change of address?</font></td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000; margin-bottom: 10pt;" class="DSPFListTable" id="zfe170b47400b46d7862a6eabd932046b">

        <tr>
          <td style="width: 4.5pt; font-size: 11pt;"><br>
          </td>
          <td style="width: 31.5pt; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">A.</td>
          <td style="width: auto; vertical-align: top; font-size: 11pt;">
            <div style="font-family: 'Times New Roman',Times,serif;">Yes, you need to tell Link Group directly, by updating your details on the Link Share Portal: www.mypgshareportal.com.&#160; Changing P&amp;G records will not change the data held by Link
              Group.</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: 31.5pt; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"> <br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 12pt; margin-bottom: 12pt;">
      <div class="BRPFPageFooter" style="width: 100%;">
        <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
        </div>
      </div>
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;" class="BRPFPageNumber">S-6</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      <div class="BRPFPageHeader" style="width: 100%;"></div>
    </div>
    <div style="text-indent: 31.5pt; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;"> <br>
    </div>
    <div style="text-indent: 31.5pt; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">THE DIVIDEND POLICY OF THE COMPANY IS NOT AFFECTED BY THIS PLAN AND WILL CONTINUE TO DEPEND ON EARNINGS, FINANCIAL
      REQUIREMENTS AND OTHER FACTORS.</div>
    <div style="text-indent: 31.5pt; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">THE COMPANY CANNOT ASSURE YOU OF A PROFIT OR PROTECT YOU AGAINST A LOSS ON SHARES OF COMMON STOCK PURCHASED UNDER
      THE PLAN.</div>
    <div style="font-size: 11pt;"><br>
    </div>
    <div style="text-indent: 31.5pt; margin-left: 4.5pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">Unless expressly defined herein, all terms in this Prospectus Supplement have the same meanings as in the
      Prospectus.</div>
    <div style="text-align: center; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt; font-weight: bold;">This Supplement constitutes part of the Prospectus and must accompany the Prospectus.</div>
    <div style="margin-bottom: 10pt; font-size: 11pt;"><br>
    </div>
    <div style="margin-bottom: 10pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 12pt; margin-bottom: 12pt;">
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        <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
        </div>
      </div>
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">S-7</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    <div>
      <div style="text-align: center; margin-top: 9pt; font-size: 10pt; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; margin-top: 9pt; font-size: 10pt; font-weight: bold;"> PROSPECTUS DATED&#160; OCTOBER 19, 2020<br>
      </div>
      <div style="text-align: center; margin-top: 9pt; font-size: 10pt; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; margin-top: 9pt; font-size: 10pt; font-weight: bold;">PROSPECTUS SUMMARY<a name="PROSPECTUSSUMMARY"><!--Anchor--></a></div>
      <div style="margin-top: 4.5pt;"><br>
      </div>
      <div style="text-align: center; margin-top: 4.5pt; font-size: 10pt; font-weight: bold;">THE PROCTER &amp; GAMBLE U.K. SHARE INVESTMENT SCHEME</div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 5pt; margin-bottom: 5pt; font-size: 10pt;">The Procter &amp; Gamble U.K. Share Investment Scheme (&#8220;Plan&#8221;) is a direct stock purchase plan designed to encourage long-term investment in
        The Procter &amp; Gamble Company (&#8220;the Company&#8221; or &#8220;P&amp;G&#8221;) common stock (&#8220;Common Stock&#8221;) by providing eligible employees and retirees with a convenient and economical method to purchase Company shares and to reinvest cash dividends toward the
        purchase of additional shares.&#160; If you are a member of another U.K. investment plan (e.g., the 1-4-1 Plan or the Matched Savings Share Purchase Plan (&#8220;MSSPP&#8221;)) and are already contributing the maximum amount allowed, or if you simply have a lump
        sum that you want to invest in the Company, this is the Plan to use.&#160; It is a means for you to invest in the potential long term growth and success of the Company.</div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 5pt; margin-bottom: 5pt; font-size: 10pt;">The Plan is voluntary and is designed to allow employees and retirees to invest in the Company at lower administration costs than through
        normal open market channels.</div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 5pt; margin-bottom: 5pt; font-size: 10pt;">Unlike the 1-4-1 Plan, the Plan offers no tax advantage.&#160; The Company pays the broker&#8217;s fees for buying the shares, but not for selling them
        and is not liable for any tax or other charges levied on a member arising from the operation of the Plan.</div>
      <div style="text-align: justify; text-indent: 24.5pt; margin-top: 5pt; margin-bottom: 5pt; font-size: 10pt;">All permanent UK employees of the Company and its subsidiaries are eligible to participate in the Plan.&#160; This includes those on unpaid leave
        of absence, temporary assignment overseas and employees of P&amp;G or any of its subsidiaries on assignment in the UK.&#160; P&amp;G UK retirees are also eligible.</div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 9pt; font-size: 10pt;">It is recommended that this prospectus be retained for future reference.</div>
      <div style="text-align: center; margin-top: 18pt; font-size: 10pt;">&#160;<font style="font-weight: bold;">THE COMPANY<a name="THECOMPANY"><!--Anchor--></a></font></div>
      <div style="text-align: justify; text-indent: 30.95pt; margin-top: 6pt; margin-bottom: 6pt; font-size: 10pt;">The Procter &amp; Gamble Company is focused on providing branded consumer packaged goods of superior quality and value to improve the lives
        of the world&#8217;s consumers. The Company was incorporated in Ohio in 1905, having first been established as a New Jersey corporation in 1890, and was built from a business founded in Cincinnati in 1837 by William Procter and James Gamble. Today, our
        products are sold in more than 180 countries and territories. Our principal executive offices are located at One Procter &amp; Gamble Plaza, Cincinnati, Ohio 45202, and our telephone number is (513) 983-1100.</div>
      <div style="text-align: justify; text-indent: 24.5pt; font-size: 10pt;">Following is a listing you may use to contact the Plan administrator:</div>
      <div><br>
      </div>
      <div>
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              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">Written Inquiries:<font style="width: 9pt; display: inline-block;">&#160;</font></div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">The Procter &amp; Gamble Share Investment Plan Administrator</div>
              </td>
            </tr>
            <tr>
              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">&#160;</div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">Link Asset Services, Share Plans, The Registry</div>
              </td>
            </tr>
            <tr>
              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">&#160;</div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">34 Beckenham Road</div>
              </td>
            </tr>
            <tr>
              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">&#160;</div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">Beckenham</div>
              </td>
            </tr>
            <tr>
              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">&#160;</div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">Kent</div>
              </td>
            </tr>
            <tr>
              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">&#160;</div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">BR3 4TU</div>
              </td>
            </tr>
            <tr>
              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">&#160;</div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">Telephone Inquiries:</div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">020 8639 2456</div>
              </td>
            </tr>
            <tr>
              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">&#160;</div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="WIDTH: 16.75%">
                <div style="font-size: 10pt;">Email Inquiries:</div>
              </td>
              <td style="WIDTH: 83.25%">
                <div style="font-size: 10pt;">www.shareholderenquiries@linkgroup.co.uk</div>
              </td>
            </tr>

        </table>
      </div>
      <br>
      <div><br>
      </div>
      <div style="text-align: justify;"><br>
      </div>
      <br>
      <div style="text-align: justify;"><font style="font-size: 10pt;"> <br>
        </font></div>
      <div style="text-align: justify;"><font style="font-size: 10pt;"> <br>
        </font></div>
      <div style="margin-top: 18pt;"><br>
      </div>
      <div style="margin-top: 18pt;"><br>
      </div>
      <div><br>
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      <div><br>
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          </div>
        </div>
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">1</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      <div><br>
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      <div style="text-align: center; font-size: 10pt; font-weight: bold;">RISK FACTORS<a name="RISKFACTORS"><!--Anchor--></a></div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 10pt;">Our business is subject to significant risks. You should carefully consider the risks and uncertainties described in this Prospectus, any accompanying
        prospectus supplement and the documents incorporated by reference herein and therein, including the risks and uncertainties described in our consolidated financial statements and the notes to those financial statements and the risks and
        uncertainties described in our Annual Report on Form 10-K for the year ended June 30, 2020, as amended, and in any subsequent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K under Item 1A, &#8220;Risk Factors&#8221; as well as in any subsequent
        periodic or current reports filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) under the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), that include &#8220;Risk Factors,&#8221; or that discuss risks to us, which are incorporated
        by reference in this Prospectus or any applicable prospectus supplement. Before making an investment decision, you should carefully consider these risks, as well as any other information that we include or incorporate by reference in this
        Prospectus or any applicable prospectus supplement. If any of the risks and uncertainties described in this Prospectus, any applicable prospectus supplement or the documents incorporated by reference herein or therein actually occur, our business,
        financial condition and results of operations could be adversely affected in a material way. This could cause the trading price of our Common Stock to decline, perhaps significantly, and you may lose part or all of your investment.</div>
      <div style="margin-top: 4.5pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt; font-weight: bold;">CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS<a name="CAUTIONARYNOTEREGARDINGFO"><!--Anchor--></a></div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 10pt;">Certain statements included or incorporated by reference in this prospectus, other than purely historical information, including estimates, projections,
        statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of
        1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words &#8220;believe,&#8221; &#8220;project,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8220;intend,&#8221;
        &#8220;strategy,&#8221; &#8220;future,&#8221; &#8220;opportunity,&#8221; &#8220;plan,&#8221; &#8220;may,&#8221; &#8220;should,&#8221; &#8220;will,&#8221; &#8220;would,&#8221; &#8220;will be,&#8221; &#8220;will continue,&#8221; &#8220;will likely result,&#8221; and similar expressions. Forward-looking statements are based on current expectations and assumptions, which are
        subject to risks and uncertainties that may cause results to differ materially from those expressed or implied in the forward-looking statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether
        because of new information, future events or otherwise, except to the extent required by law.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 10pt;">Risks and uncertainties to which our forward-looking statements are subject include, without limitation: (1) the ability to successfully manage global
        financial risks, including foreign currency fluctuations, currency exchange or pricing controls and localized volatility; (2) the ability to successfully manage local, regional or global economic volatility, including reduced market growth rates,
        and to generate sufficient income and cash flow to allow the Company to affect the expected share repurchases and dividend payments; (3) the ability to manage disruptions in credit markets or changes to our credit rating; (4) the ability to
        maintain key manufacturing and supply arrangements (including execution of supply chain optimizations and sole supplier and sole manufacturing plant arrangements) and to manage disruption of business due to factors outside of our control, such as
        natural disasters, acts of war or terrorism, or disease outbreaks; (5) the ability to successfully manage cost fluctuations and pressures, including prices of commodities and raw materials, and costs of labor, transportation, energy, pension and
        healthcare;&#160; (6) the ability to stay on the leading edge of innovation, obtain necessary intellectual property protections and successfully respond to changing consumer habits and technological advances attained by, and patents granted to,
        competitors; (7) the ability to compete with our local and global competitors in new and existing sales channels, including by successfully responding to competitive factors such as prices, promotional incentives and trade terms for products; (8)
        the ability to manage and maintain key customer relationships; (9) the ability to protect our reputation and brand equity by successfully managing real or perceived issues, including concerns about safety, quality, ingredients, efficacy or similar
        matters that may arise; (10) the ability to successfully manage the financial, legal, reputational and operational risk associated with third-party relationships, such as our suppliers, contract manufacturers, distributors, contractors and external
        business partners; (11) the ability to rely on and maintain key company and third party information and operational technology systems, networks and services, and maintain the security and functionality of such systems, networks and services and
        the data contained therein; (12) the ability to successfully manage uncertainties related to changing political conditions (including the United Kingdom&#8217;s exit from the European Union) and potential implications such as exchange rate fluctuations
        and market contraction; (13) the ability to successfully manage regulatory and legal requirements and matters (including, without limitation, those laws and regulations involving product liability, product and packaging composition, intellectual
        property, labor and employment, antitrust, data protection, tax, environmental, and accounting and financial reporting) and to resolve pending matters within current estimates; </div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 10pt;"> <br>
      </div>
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          </div>
        </div>
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">2</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-size: 10pt;">(14) the ability to manage changes in applicable tax laws and regulations including maintaining our intended tax treatment of divestiture transactions; (15)
        the ability to successfully manage our ongoing acquisition, divestiture and joint venture activities, in each case to achieve the Company&#8217;s overall business strategy and financial objectives, without impacting the delivery of base business
        objectives; (16) the ability to successfully achieve productivity improvements and cost savings and manage ongoing organizational changes, while successfully identifying, developing and retaining key employees, including in key growth markets where
        the availability of skilled or experienced employees may be limited; and (17) the ability to successfully manage the demand, supply, and operational challenges associated with a disease outbreak, including epidemics, pandemics, or similar
        widespread public health concerns (including the novel coronavirus, COVID-19, outbreak). For additional information concerning factors that could cause actual results and events to differ materially from those projected herein, please refer to our
        most recent Form 10-K, Form 10-Q and Form 8-K reports incorporated by reference herein.</div>
      <div style="margin-bottom: 12pt;"><br>
      </div>
      <div style="margin-bottom: 12pt;"><br>
      </div>
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          </div>
        </div>
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">3</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: center; font-size: 10pt; font-weight: bold;">USE OF PROCEEDS<a name="USEOFPROCEEDS"><!--Anchor--></a></div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 9pt; font-size: 10pt;">Purchases of Common Stock under the Plan will be made in the open market or from Plan participants wishing to sell their shares, and the Company will not receive
        any proceeds under the Plan.</div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="text-align: center; font-size: 10pt; font-weight: bold;">DETERMINATION OF OFFERING PRICE<a name="DETERMINATIONOFOFFERINGPR"><!--Anchor--></a></div>
      <div style="text-align: justify; text-indent: 24.5pt; margin-top: 9pt; font-size: 10pt;">The Plan Trustees will purchase shares on the open market or for an open market price the beneficial interest held in shares by Plan participants wishing to sell
        their shares (See section below entitled &#8220;Selling Shares&#8221;).&#160; All shares are purchased in a single transaction on or before the fifth working day in each calendar month.&#160; Purchases are not possible at any other time.&#160; The cost of shares of the
        Company&#8217;s Common Stock acquired under the Plan is the average price of all shares purchased for each purchase period.</div>
      <div style="text-align: center; margin-top: 18pt; font-size: 10pt; font-weight: bold;">PLAN OF DISTRIBUTION<a name="PLANOFDISTRIBUTION"><!--Anchor--></a></div>
      <div style="text-align: center; font-size: 10pt;"><u>TERMS AND CONDITIONS OF THE PROCTER &amp; GAMBLE U.K. SHARE INVESTMENT SCHEME</u></div>
      <div style="text-align: justify; text-indent: 24.5pt; margin-top: 9pt; font-size: 10pt;">The following is a description of The Procter &amp; Gamble U.K. Share Investment Scheme:</div>
      <div style="margin-top: 9pt;"><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">
                <div style="margin-left: 18pt; font-size: 10pt; font-weight: bold;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; font-size: 10pt; font-weight: bold;">Who Can Join<a name="WhoCanJoin"><!--Anchor--></a></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">All permanent U.K. employees of the Company and its subsidiaries are eligible to participate in the Plan.&#160; This includes those on unpaid leave of absence, temporary assignment
        overseas, retirees and employees of P&amp;G or any of its subsidiaries on assignment in the U.K.</div>
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">
                <div style="margin-left: 18pt; font-size: 10pt; font-weight: bold;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; font-size: 10pt; font-weight: bold;">Who Are the Trustees<a name="WhoAretheTrustees"><!--Anchor--></a></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">The Trustees are employees of the Company who have appropriate experience and have been appointed by the Company.&#160; The Company Share Plan Administrator is an appropriately
        experienced employee.&#160; Capita Asset Services, Share Plans is appointed to carry out administration and investment duties on behalf of the Trustees under the Plan.</div>
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">
                <div style="margin-left: 18pt; font-size: 10pt; font-weight: bold;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; font-size: 10pt; font-weight: bold;">How Contributions Are Made<a name="HowContributionsAreMade"><!--Anchor--></a></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">Unless you are investing in the Plan via an associated P&amp;G plan such as the 1-4-1 Top Up Plan, contributions must be made by standing order to the Trustees of the Plan.&#160; The
        minimum contribution is &#163;10.00, but there is no maximum limit.</div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">Members of the Plan may change the amount of their ongoing contributions at any time by giving notice to the Trustees via the &#8220;My Benefits&#8221; section within the P&amp;G &#8220;Life and
        Career&#8221; site. Notice must be given by the 20th of the month preceding share purchase.</div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">CONTRIBUTIONS CANNOT BE MADE ON BEHALF OF ANOTHER PERSON.</div>
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">
                <div style="margin-left: 18pt; font-size: 10pt;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; font-size: 10pt; font-weight: bold;">When Shares Are Purchased<a name="WhenSharesArePurchased"><!--Anchor--></a></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">This is a separate Plan from the 1-4-1 Plan, but shares for the Plan are normally purchased at the same time and for the same price as shares are bought for the main plan each
        month.&#160; Purchases are not possible at any time other than the usual monthly date.&#160; Normally, only contributions which reach the Trustees on or before the 20th of the month will be used to buy shares the following month.&#160; However, contributions paid
        via payroll deductions (e.g. under the 1-4-1 Top Up Plan) later than the 20th will still be used the following month.</div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">Contributions are held by the Trustees prior to purchase.&#160; Trustees will allocate to each member the largest whole number of shares which can be covered by contributions.&#160; If
        Trustees receive contributions which exceed the amount needed to buy a whole number of shares, the remaining money will be credited to the individual and held for share purchase at a later date, unless its return is requested by the individual.</div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">You need to take account of the latest price of P&amp;G Company shares when deciding how much to contribute.&#160; If, for example, you decide to invest &#163;10 a month, it may be a number
        of months before the Trustees receive sufficient funds from you to purchase a single share on your behalf. No interest will be paid on any contributions held in the Plan before or after share purchase.</div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;"> <br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;"> <br>
      </div>
      <div style="clear: both; margin-top: 12pt; margin-bottom: 12pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageFooter" style="width: 100%;">
          <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
          </div>
        </div>
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">4</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
        <div class="BRPFPageHeader" style="width: 100%;"></div>
      </div>
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">
                <div style="margin-left: 18pt; font-size: 10pt; font-weight: bold;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; font-size: 10pt; font-weight: bold;">Contact With Trustees<a name="ContactWithTrustees"><!--Anchor--></a></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">The Trustees of the Plan will handle all contact with investors.&#160; They will produce annual statements showing the number of shares held on your behalf, any transactions which have
        taken place during the year and the balance of any un-invested money held on your behalf.&#160; Trustees will account to members for any money arising from the sale or transfer of shares or rights.</div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">During the time that shares are held on your behalf, Trustees will pay out dividends on allocated shares as soon as is practicable.&#160; They will issue tax vouchers on dividends paid
        on shares held.</div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">You can instruct the Trustees to reinvest dividends from this Plan (and the Matched Savings Share Purchase Plan (MSSPP), if you are a member) as a means of buying more shares.
        Reinvestment of dividends is not subject to a minimum contribution.&#160; However, unless you are making regular contributions to the Plan anyway, you need to consider the likely level of dividends you will receive on your shares and the likely length
        of time your accumulated dividends might have to remain un-invested in view of the likely share price level, before deciding on dividend reinvestment.</div>
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">
                <div style="margin-left: 18pt; font-size: 10pt; font-weight: bold;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; font-size: 10pt; font-weight: bold;">Selling Shares<a name="SellingShares"><!--Anchor--></a></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">Shares purchased will be held by the Trustees of the Plan, in their name, until written instructions are received for sale.&#160; You can sell your shares in this Plan at any time.&#160; The
        Trustees, rather than sell your shares on the open market, will normally buy your shares from you at the next time they buy or would buy shares on the open market for other members.&#160; They will pay the same price for shares bought from members as
        they paid, or would have paid, for shares bought on the open market at the same time.&#160; For sale at this normal monthly sale/purchase time, you will pay a small flat rate charge.</div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">If the Trustees receive explicit written instructions from a member to sell shares immediately rather than wait for the next normal monthly sale/purchase date, you will pay the
        greater of the flat rate charge or the brokers&#8217; fees for an open market sale of shares.&#160; Members will be notified if an open market sale is not possible.</div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">If preferred, you can instruct the Trustees at any time to transfer your shares out of the Plan to you rather than to sell them for you.</div>
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">
                <div style="margin-left: 18pt; font-size: 10pt; font-weight: bold;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; font-size: 10pt; font-weight: bold;">Retirees<a name="Retirees"><!--Anchor--></a></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">If you are a member of the MSSPP when you retire, you may transfer the shares you hold in that plan to this Plan when they become available for transfer or sale under the rules of
        the plan.&#160; The shares will then be held for you by the Trustees until they receive written instructions to sell or transfer them.&#160; This means you will be able to continue holding the shares rather than selling them and will therefore have a
        continuing interest in, and connection with, the Company.</div>
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 36pt; vertical-align: top; align: right;">
                <div style="margin-left: 18pt; font-size: 10pt; font-weight: bold;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; font-size: 10pt; font-weight: bold;">If You Leave The Company<a name="IfYouLeaveTheCompany"><!--Anchor--></a></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; margin-left: 36pt; font-size: 10pt;">Unless a retiree, a member who ceases to be employed by the Company or its subsidiaries, for whatever reason, must instruct the Trustees as to the sale or transfer of shares held
        in their name, WITHIN ONE MONTH OF THE DATE OF TERMINATION.&#160; If no such instruction is received, the Trustees sell the shares and send the proceeds to the member&#8217;s last known address.</div>
      <br>
      <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="margin-left: 18pt; font-size: 10pt; font-weight: bold;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; font-size: 10pt; font-weight: bold;">If You Die <a name="IfYouDie"><!--Anchor--></a></div>
            </td>
          </tr>

      </table>
      <div style="margin: 0px 0px 0px 36pt; font-size: 10pt; text-align: justify;"> <br>
      </div>
      <div style="margin: 0px 0px 0px 36pt; font-size: 10pt; text-align: justify;">If you die, the Trustees will transfer or sell all the shares and any residual contributions they were holding for you to your estate on production of a valid grant of
        probate or letters of administration.</div>
      <div style="margin-top: 5pt; margin-bottom: 5pt;"><br>
      </div>
      <div style="margin-top: 5pt; margin-bottom: 5pt;"><br>
      </div>
      <div style="margin-top: 5pt; margin-bottom: 5pt;"><br>
      </div>
      <div style="clear: both; margin-top: 12pt; margin-bottom: 12pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageFooter" style="width: 100%;">
          <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
          </div>
        </div>
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">5</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
        <div class="BRPFPageHeader" style="width: 100%;"></div>
      </div>
      <div style="text-align: justify; margin-top: 5pt; margin-bottom: 5pt; font-size: 10pt; font-weight: bold;"><u>QUESTIONS &amp; ANSWERS<a name="QUESTIONSANSWERS"><!--Anchor--></a></u></div>
      <div style="text-align: justify; margin-top: 5pt; margin-bottom: 5pt; font-size: 10pt; font-weight: bold;"><br>
        <div style="margin-bottom: 5pt; font-size: 12pt; font-weight: bold; text-align: left; margin-top: 5pt;">
          <table cellspacing="0" cellpadding="0" border="0" style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%">

              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">Q.1</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">Why is this Plan available?</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
                  <div style="font-size: 10pt;">A. </div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">It is a natural extension of the 1-4-1 Plan (and its predecessor, the Matched Savings Share Purchase Plan). If employees want to buy more P&amp;G shares, this Plan helps them do this. Additionally, similar
                    plans exist in some places elsewhere in P&amp;G.</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">Q.2</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">Where will I find the price of a P&amp;G Company share?</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
                  <div style="font-size: 10pt;">A. </div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">It is quoted daily in the Financial Times. It appears on the P&amp;G Intranet Home Page. In any event, once you are in the Plan, you will receive an annual statement which includes this information as at the
                    date the statement is issued. </div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">Q.3</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">What do I have to do if I leave the Company?</div>
                </td>
              </tr>
              <tr style="HEIGHT: 18px">
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr style="HEIGHT: 88px">
                <td style="WIDTH: 6.16%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
                  <div style="font-size: 10pt;">A.</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="padding: 5px 0px 0px; font-size: 10pt;">
                    <div style="padding-bottom: 5px;">Except for termination on death or retirement, then you must instruct the Trustees to sell or transfer any shares held within one month of termination.&#160; If you do not do this, the Trustees will make
                      reasonable attempts to contact you and failing this they will sell the shares.</div>
                    <div style="padding-bottom: 5px; padding-top: 5px;">On death, the shares will be held until instructions are received from the Executor or administrator of the Estate.</div>
                    On retirement, you can remain in the Plan. </div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">Q.4</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">If I die after retirement, can my spouse continue in the Plan?</div>
                </td>
              </tr>
              <tr style="HEIGHT: 21px">
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">A. </div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">No.</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">Q.5</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">Does the Plan apply to non-harmonised employees?</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">A.</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">No.</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">Q.6</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">Why is there a minimum contribution?</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
                  <div style="font-size: 10pt;">A. </div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">The administrative cost of the Plan, which is borne by the Company, increases as the number of transactions goes up.&#160; Having a minimum contribution means that the
                    Company's support for the purchase of shares is kept at a reasonable level if it requires a number of contributions to purchase one share.</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-size: 10pt;">&#160;</div>
                </td>
              </tr>
              <tr>
                <td style="WIDTH: 6.16%">
                  <div style="font-size: 10pt;">Q.7</div>
                </td>
                <td style="WIDTH: 93.84%">
                  <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Is there a minimum/maximum number of shares that can be sold at any one time?</div>
                </td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr style="HEIGHT: 20px">
                <td style="width: 6.16%; vertical-align: top; text-align: left; font-size: 10pt;">A. </td>
                <td style="width: 93.84%; font-size: 10pt;">No - but if you want the shares sold immediately, it may not be possible for the Trustees to sell a small number of shares on the open market.&#160; Small numbers of shares can be bought in by the
                  Trustees from members on the one day each month when they are buying shares in the open market for other members.</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">Q.8</td>
                <td style="width: 93.84%; font-size: 10pt;">Can I instruct the Trustees to buy a specific number of shares?</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">A.</td>
                <td style="WIDTH: 93.84%">
                  <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">No.&#160; They will buy as many whole shares as can be financed by your contributions.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">Q.9</td>
                <td style="WIDTH: 93.84%">
                  <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">If I have questions about the Plan, or about my shares, whom do I contact?</div>
                </td>
              </tr>
              <tr style="HEIGHT: 21px">
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; vertical-align: top; text-align: left; font-size: 10pt;">A. </td>
                <td style="width: 93.84%; font-size: 10pt;">
                  <div style="padding-bottom: 5px;">Your manager should be able to answer questions about how the Plan works.&#160; Specific questions about your own shares or account should be referred directly to the Plan administrator:</div>
                  <div>The Procter &amp; Gamble Share Investment Plan Administrator</div>
                  <div>LINK Asset Services, Share Plans, The Registry</div>
                  <div>34 Beckenham Road</div>
                  <div>Beckenham,&#160; Kent</div>
                  <div style="padding-bottom: 5px;">BR3 4TU&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Tel: 020 8639 2456</div>
                  Or access your share information on-line via the Capita share portal at <font style="font-weight: bold;"><u>www.signalshares.com</u></font></td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">Q.10</td>
                <td style="width: 93.84%; font-size: 10pt;">Can I get further information about the Plan?</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">A. </td>
                <td style="width: 93.84%; font-size: 10pt;">Yes.&#160; A copy of the formal trust deed and rules is available from your HR contact/Plant Personnel Department.</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">Q.11</td>
                <td style="width: 93.84%; font-size: 10pt;">Do I have to continue making payments to the Plan once I have joined?</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">A.</td>
                <td style="width: 93.84%; font-size: 10pt;">No - you can stop at any time.</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">Q.12</td>
                <td style="width: 93.84%; font-size: 10pt;">Will I have to pay tax when I sell the shares?</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; vertical-align: top; text-align: left; font-size: 10pt;">A.</td>
                <td style="width: 93.84%; font-size: 10pt;">
                  <div style="padding-bottom: 5px;">If you sell any of your shares, you may become liable to pay Capital Gains Tax.&#160; Generally, this is calculated on the difference between the sale price of the shares (less selling costs) and their
                    acquisition cost.&#160; For the 2020/21 tax year, capital gains up to &#163;12,300 (in total for all gains on all investments for any person) are not taxed.</div>
                  Above this figure, tax is payable at the prevailing Capital Gains tax rate.&#160; The timing of any sale of Plan shares in relation to other share acquisitions or sales you make may affect the calculation of your capital gains.&#160; You are
                  therefore advised to obtain independent financial advice before selling your shares.&#160; The sale of any of your shares may have to be reported on your annual income tax return.</td>
              </tr>
              <tr style="HEIGHT: 21px">
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">Q.13</td>
                <td style="width: 93.84%; font-size: 10pt;">How long do the shares need to be kept?</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">A.</td>
                <td style="width: 93.84%; font-size: 10pt;">Shares in the Plan can be sold at any time.</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr style="HEIGHT: 21px">
                <td style="width: 6.16%; font-size: 10pt;">Q.14</td>
                <td style="width: 93.84%; font-size: 10pt;">Are there any tax advantages of using this Plan?</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; vertical-align: top; text-align: left; font-size: 10pt;">A. </td>
                <td style="width: 93.84%; font-size: 10pt;">No.&#160; Unlike the 1-4-1 Plan, no Company contributions are paid direct to the Trustees on your behalf, the Plan does not have to be approved by the Inland Revenue, and no tax advantage arises.</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">Q.15</td>
                <td style="width: 93.84%; font-size: 10pt;">What is the role of the Plan administrator?</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; vertical-align: top; text-align: left; font-size: 10pt;">A.</td>
                <td style="WIDTH: 93.84%">
                  <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">The Plan administrator does everything except interpret the rules of the Plan.&#160; If you have any questions about your investment, or the purchase and sale of shares,
                    then you should contact the Plan administrator.&#160; This information is also available on-line via the Capita share portal at <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold"><u>www.signalshares.com</u></font>.&#160;














                    However, if you want to know about the rules or the structure of the Plan, talk to your Manager.</div>
                </td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">Q.16</td>
                <td style="width: 93.84%; font-size: 10pt;">Do I need to tell the Plan administrator of any change of address?</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">&#160;</td>
                <td style="width: 93.84%; font-size: 10pt;">&#160;</td>
              </tr>
              <tr>
                <td style="width: 6.16%; font-size: 10pt;">A.</td>
                <td style="WIDTH: 93.84%">
                  <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">Yes, you need to tell LINK directly. Changing P&amp;G records will not change the data held by LINK.<br>
                  </div>
                </td>
              </tr>

          </table>
        </div>
        <div style="MARGIN-BOTTOM: 5pt; TEXT-ALIGN: left; MARGIN-TOP: 5pt">&#160;</div>
      </div>
      <div style="text-align: justify; text-indent: 24.5pt; margin-top: 9pt; font-size: 10pt;">THE DIVIDEND POLICY OF THE COMPANY IS NOT AFFECTED BY THIS PLAN AND WILL CONTINUE TO DEPEND ON EARNINGS, FINANCIAL REQUIREMENTS AND OTHER FACTORS.</div>
      <div style="text-align: justify; text-indent: 24.5pt; margin-top: 9pt; font-size: 10pt;">THE COMPANY CANNOT ASSURE YOU OF A PROFIT OR PROTECT YOU AGAINST A LOSS ON SHARES OF COMMON STOCK PURCHASED UNDER THE PLAN.</div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="clear: both; margin-top: 12pt; margin-bottom: 12pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageFooter" style="width: 100%;">
          <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
          </div>
        </div>
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">6</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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        <div class="BRPFPageHeader" style="width: 100%;"></div>
      </div>
      <div style="text-align: center; text-indent: 24.5pt; font-size: 10pt; font-weight: bold;">DESCRIPTION OF PROCTER &amp; GAMBLE CAPITAL STOCK<a name="DESCRIPTIONOFPROCTERGAMBL"><!--Anchor--></a></div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Company's Amended Articles of Incorporation authorize the issuance of 10,000,000,000 shares of Common Stock, 600,000,000 shares of Class A Preferred Stock and 200,000,000
        shares of Class B Preferred Stock, all of which are without par value ("Common Stock," "Class A Preferred Stock," and "Class B Preferred Stock," respectively). There are no shares of Class B Preferred Stock currently outstanding.</div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The holders of Common Stock and Class A Preferred Stock are entitled to one vote per share on each matter submitted to a vote of shareholders. The holders of Class B Preferred
        Stock, if any, are not entitled to vote other than as provided by law. The Company's Board of Directors (the "Board") is not classified and each member is elected annually. The Company&#8217;s Amended Articles of Incorporation provide for directors in
        uncontested director elections to be elected by a simple majority vote. Additionally, to the extent that Ohio law would otherwise impose a supermajority vote requirement on actions to be taken at meetings of the Company&#8217;s shareholders, the
        Company&#8217;s Amended Articles of Incorporation require only a vote of a majority of the Company&#8217;s outstanding capital stock that is entitled to vote on such matters.</div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The holders of Class A Preferred Stock and, if issued, Class B Preferred Stock have the right to receive dividends prior to the payment of dividends on the Common Stock. The Board
        has the power to determine certain terms relative to any Class A Preferred Stock and Class B Preferred Stock to be issued, such as the power to establish different series and to set dividend rates, the dates of payment of dividends, the cumulative
        dividend rights and dates, redemption rights and prices, sinking fund requirements, restrictions on the issuance of such shares or any series thereof, liquidation price and conversion rights. Also, the Board may fix such other express terms as may
        be permitted or required by law. In the event of any liquidation or dissolution, the holders of the Common Stock are entitled to receive as a class, pro rata, the residue of the assets after payment of the liquidation price to the holders of Class
        A Preferred Stock and, if issued, Class B Preferred Stock.</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"> <br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"> <br>
      </div>
      <div style="clear: both; margin-top: 12pt; margin-bottom: 12pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageFooter" style="width: 100%;">
          <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
          </div>
        </div>
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">7</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
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      </div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 27pt; font-size: 10pt;">The Board has determined the terms of shares of Class A Preferred Stock issued as Series A ESOP Convertible Class A Preferred Stock, which can only be held by a trustee or trustees
        of an employee stock ownership plan or other benefit plan of the Company. Upon transfer of Series A ESOP Convertible Class A Preferred Stock to any other person, such transferred shares shall be automatically converted into shares of Common Stock.
        Each share of Series A ESOP Convertible Class A Preferred Stock has a cumulative dividend of $.5036075 per year and a liquidation price of $6.82 per share (as adjusted for the stock splits on October 20, 1989, May 15, 1992, August 22, 1997 and May
        21, 2004, and the Smucker transaction effective June 1, 2002), is redeemable by the Company or the holder without regard to any arrearage in the payment of dividends, is convertible at the option of the holder into one share of Common Stock and has
        certain anti-dilution protections associated with the conversion rights. Appropriate adjustments to dividends and liquidation price will be made to give effect to any future stock splits, stock dividends or similar changes to the Series A ESOP
        Convertible Class A Preferred Stock.</div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 27pt; font-size: 10pt;">The Board has also determined the terms of shares of Class A Preferred Stock issued as Series B ESOP Convertible Class A Preferred Stock. Each share of Series B ESOP Convertible
        Class A Preferred Stock has a cumulative dividend of $1.022 per year and a liquidation price of $12.96 per share (as adjusted for the stock splits on August 22, 1997 and May 21, 2004, and the Smucker transaction effective June 1, 2002), is
        redeemable by the Company or the holder under certain circumstances, is convertible at the option of the holder into one share of Common Stock and has certain anti-dilution protections associated with the conversion rights. Appropriate adjustments
        to dividends and liquidation price will be made to give effect to any future stock splits, stock dividends or similar changes to the Series B ESOP Convertible Class A Preferred Stock.</div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 27pt; font-size: 10pt;">All of the issued shares of Common Stock of the Company are fully paid and non-assessable. Common Stock does not have any conversion rights and is not subject to any redemption
        provisions. No holder of shares of any class of the Company&#8217;s capital stock has or shall have any right, pre-emptive or other, to subscribe for or to purchase from the Company any of the shares of any class of the Company hereafter issued or sold.
        No shares of any class of the Company&#8217;s capital stock are subject to any sinking fund provisions or to calls, assessments by, or liabilities of the Company.</div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="text-align: center; margin-bottom: 12pt; font-size: 10pt; font-weight: bold;">INTERESTS OF NAMED COUNSEL<a name="INTERESTSOFNAMEDCOUNSEL"><!--Anchor--></a></div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 9pt; font-size: 10pt;">The legality of the shares of Common Stock offered hereby has been passed upon for the Company by Ms. Jennifer Henkel, Director and Assistant General Counsel, The
        Procter &amp; Gamble Company.&#160; Ms. Henkel is an owner of shares of Common Stock of the Company.</div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="text-align: center; margin-bottom: 12pt; font-size: 10pt; font-weight: bold;">EXPERTS<a name="EXPERTS"><!--Anchor--></a></div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 9pt; font-size: 10pt;">
        <div style="text-align: left; margin-bottom: 8pt;">The financial statements incorporated in this Prospectus by reference from the Company's Annual Report on Form 10-K, as amended, for the year ended June 30, 2020, and the effectiveness of the
          Procter &amp; Gamble Company's internal control over financial reporting have been audited by Deloitte &amp; Touche LLP, an independent registered public accounting firm, as stated in their reports, which are incorporated herein by reference.&#160;
          Such financial statements have been so incorporated in reliance upon the reports of such firm given upon their authority as experts in accounting and auditing.</div>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="text-align: center; font-size: 10pt; font-weight: bold;">INCORPORATION OF CERTAIN INFORMATION BY REFERENCE<a name="INCORPORATIONOFCERTAININF"><!--Anchor--></a></div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 9pt; margin-bottom: 12pt; font-size: 10pt;">The Securities and Exchange Commission (the &#8220;SEC&#8221;) allows us to &#8220;incorporate by reference&#8221; into this document the information which P&amp;G
        filed with the SEC. This means that we can disclose important information by referring you to those documents. Any information referred to in this way is considered part of this prospectus from the date we file that document.&#160; The information
        incorporated by reference is an important part of this prospectus and information that P&amp;G files later with the SEC will automatically update and supersede this information. The following documents filed by the Company (File No. 1-434) with the
        SEC pursuant to the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), are incorporated herein by reference:</div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 9pt; margin-bottom: 12pt; font-size: 10pt;"> <br>
      </div>
      <div style="clear: both; margin-top: 12pt; margin-bottom: 12pt;" class="BRPFPageBreakArea">
        <div class="BRPFPageFooter" style="width: 100%;">
          <div><a href="#TABLEOFCONTENTS">Table of Contents</a><br>
          </div>
        </div>
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">8</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-top: 4.5pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 54pt; vertical-align: top; align: right;">
                <div style="margin-left: 36pt; margin-top: 4.5pt; font-size: 10pt;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; margin-top: 4.5pt; font-size: 10pt;">The Company&#8217;s Annual Report on Form <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042420000059/pg-20200630.htm">10-K</a> for the fiscal year ended
                  June 30, 2020, as amended; and</div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; margin-top: 4.5pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 54pt; vertical-align: top; align: right;">
                <div style="margin-left: 36pt; margin-top: 4.5pt; font-size: 10pt;">&#8226;</div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="text-align: justify; margin-top: 4.5pt; font-size: 10pt;">The Company&#8217;s Current Report on Form 8-K filed on <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042420000061/leeappointment.htm">August 12, 2020</a>,
                  <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042420000063/sheppardretirement.htm">September 16, 2020</a>, <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000119312520268528/d58516d8k.htm">October
                    13, 2020</a> (SEC Accession No. 0001193125-20-268528), and <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042420000076/annual2020sharemtgvote.htm">October 15, 2020</a>.<br>
                </div>
              </td>
            </tr>

        </table>
      </div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 9pt; font-size: 10pt;">All reports and other documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this registration
        statement and prospectus and prior to the filing of a post-effective amendment, but excluding any information furnished to, rather than filed with, the SEC, which indicates that all securities offered hereby have been sold or which deregisters all
        securities then remaining unsold shall be incorporated by reference herein and shall be deemed to be a part of this prospectus from the dates of filing of such reports and documents.</div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 9pt; font-size: 10pt;">Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of
        this registration statement and prospectus to the extent that a statement contained in any subsequent prospectus or prospectus supplement hereunder or in any document subsequently filed with the Commission which also is or is deemed to be
        incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement or prospectus. All
        documents incorporated by reference into the Form S-3 of which this prospectus is a part are also incorporated by reference, unless the information therein is superseded by a later filing.</div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">&#160;<font style="font-weight: bold;">WHERE YOU CAN FIND MORE INFORMATION<a name="WHEREYOUCANFINDMOREINFORM"><!--Anchor--></a></font></div>
      <div style="text-align: justify; text-indent: 27pt; margin-top: 9pt; margin-bottom: 12pt; font-size: 10pt;">The Company will provide without charge to each person to whom a copy of this prospectus is delivered, upon the oral or written request of
        such person, a copy of any or all of the documents which are incorporated by reference in this prospectus, other than exhibits to such documents (unless such exhibits are specifically incorporated by reference into such documents). Requests should
        be directed to the Shareholder Services Department, The Procter &amp; Gamble Company, P.O. Box 5572, Cincinnati, Ohio 45201-5572, telephone: (800) 742-6253 (U.S. and Canada); or (513) 983-3034 (outside the U.S. and Canada).</div>
      <div style="text-align: justify; text-indent: 36pt; margin-top: 9pt; margin-bottom: 12pt; font-size: 10pt;">The Company files annual, quarterly and current reports, proxy statements and other information with the SEC.&#160; You may read and copy any
        document the Company has filed or will file with the SEC from the SEC&#8217;s public website at <u><font style="font-weight: bold;">www.sec.gov</font></u>.</div>
      <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">You may also get a copy of these reports from our website at <font style="font-weight: bold;"><u>www.pg.com</u></font>. Please note, however, that we have not incorporated any
        other information by reference from our website, other than the documents listed above.</div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 30.6pt; font-size: 10pt;">You should rely only on the information incorporated by reference or provided in this prospectus or any prospectus supplement. We have not authorized anyone to provide you with
        different information. We are not making an offer of these securities in any state where the offer is not permitted. You should not assume the information in this prospectus or any supplemental prospectus is accurate as of any date other than the
        date on the front of those documents.</div>
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