<SEC-DOCUMENT>0001104659-21-102309.txt : 20210810
<SEC-HEADER>0001104659-21-102309.hdr.sgml : 20210810
<ACCEPTANCE-DATETIME>20210809175301
ACCESSION NUMBER:		0001104659-21-102309
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210810
DATE AS OF CHANGE:		20210809

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNILEVER PLC
		CENTRAL INDEX KEY:			0000217410
		STANDARD INDUSTRIAL CLASSIFICATION:	SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-245589-01
		FILM NUMBER:		211157703

	BUSINESS ADDRESS:	
		STREET 1:		UNILEVER HOUSE
		STREET 2:		BLACKFRIARS
		CITY:			LONDON ENGLAND
		STATE:			X0
		ZIP:			EC4P 4BQ
		BUSINESS PHONE:		201-894-2790

	MAIL ADDRESS:	
		STREET 1:		C/O UNILEVER UNITED STATES INC
		STREET 2:		700 SYLVAN AVENUE (ATTN.: M MONTAGNINO)
		CITY:			ENGLEWOOD CLIFFS
		STATE:			NJ
		ZIP:			07632

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNILEVER LTD
		DATE OF NAME CHANGE:	19820429

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNILEVER PLC
		CENTRAL INDEX KEY:			0000217410
		STANDARD INDUSTRIAL CLASSIFICATION:	SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		UNILEVER HOUSE
		STREET 2:		BLACKFRIARS
		CITY:			LONDON ENGLAND
		STATE:			X0
		ZIP:			EC4P 4BQ
		BUSINESS PHONE:		201-894-2790

	MAIL ADDRESS:	
		STREET 1:		C/O UNILEVER UNITED STATES INC
		STREET 2:		700 SYLVAN AVENUE (ATTN.: M MONTAGNINO)
		CITY:			ENGLEWOOD CLIFFS
		STATE:			NJ
		ZIP:			07632

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNILEVER LTD
		DATE OF NAME CHANGE:	19820429
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>tm2124148d3_fwp.htm
<DESCRIPTION>FWP
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Filed Pursuant to Rule&nbsp;433<BR>
Registration Statement No.&nbsp;333-245589<BR>
August&nbsp;9, 2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">PRICING TERM SHEET &ndash;
NOTES DUE 2024</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Unilever Capital Corporation</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">$500,000,000 0.626% Senior
Notes due 2024</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">jointly, severally, fully
and unconditionally guaranteed by</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Unilever PLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Unilever United States,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 40%"><FONT STYLE="font-size: 10pt">Issuer:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 60%"><FONT STYLE="font-size: 10pt">Unilever Capital Corporation</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Guarantors:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Unilever PLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Unilever United States,&nbsp;Inc.</P></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Security Type:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Anticipated Rating*:</P></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC-Registered Senior Notes</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A1/A+ (Moody&rsquo;s/S&amp;P)</P></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Principal Amount:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">$500,000,000</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Maturity Date:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">August&nbsp;12, 2024</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Coupon:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">0.626%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Public Offering Price:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">100.000%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Yield to Maturity:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">0.626%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Spread to Benchmark Treasury:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">T+20 bps</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Benchmark Treasury:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">UST 0.375% due July&nbsp;15, 2024</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Benchmark Treasury Yield:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">0.426%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Benchmark Treasury Price: </FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">99-27&frac14;</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Net Proceeds:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">$498,900,000</TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Minimum Denominations:</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">$100,000 and any integral multiple of $1,000 above that amount</FONT></TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 40%"><FONT STYLE="font-size: 10pt">CUSIP/ISIN:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 60%"><FONT STYLE="font-size: 10pt">904764 BN6 / US904764BN68</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Trade Date:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">August&nbsp;9, 2021</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Interest Payment Dates:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Semi-annually on February&nbsp;12 and August&nbsp;12,
    commencing from February&nbsp;12, 2022 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Make-Whole:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">T+5 bps</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Par-Call</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">At any time on or after August&nbsp;12, 2022
    (24 months prior to their maturity date)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Settlement Date:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">August&nbsp;12, 2021 (T+3)**</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Clearing System:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">The Depository Trust Company (&ldquo;DTC&rdquo;)
    (including via Euroclear and Clearstream as participants in DTC)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Joint Book-Running Managers:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citigroup Global Markets Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Deutsche Bank Securities Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">J.P. Morgan Securities LLC<BR>
    Mizuho Securities USA LLC</P></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>*A securities rating is not a recommendation to buy, sell or hold
securities and may be subject to revision or withdrawal at any time.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>**It is expected that delivery of the Notes will be made against
payment therefor on the Settlement Date, the third business day following the Trade Date (such settlement being referred to as &ldquo;T+3&rdquo;).
Under Rule&nbsp;15c6-l under the Exchange Act, trades in the United States secondary market generally are required to settle in two business
days (&ldquo;T+2&rdquo;), unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Notes
on the Trade Date will be required, by virtue of the fact that the Notes will initially settle in T+3, to specify an alternate settlement
cycle at the time of any such trade to prevent a failed settlement. Settlement procedures in other countries may vary and purchasers
of Notes may be affected by such local settlement practices. Purchasers of Notes who wish to trade the Notes on the Trade Date should
consult their own adviser.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>No PRIIPs key information document (&ldquo;KID&rdquo;) has been
prepared as the Notes are not available to retail investors in the EEA or UK.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>The issuer and the guarantors have filed a registration statement
(including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus
in that registration statement and other documents the issuer and the guarantors have filed with the SEC for more complete information
about the issuer, the guarantors and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, the issuer or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling
(1)&nbsp;Citigroup Global Markets Inc. at +1-800-831-9146, (2)&nbsp;Deutsche Bank Securities Inc. at +1-800-503-4611, (3)&nbsp;J.P. Morgan
Securities LLC at +1-212-834-4533 or (4)&nbsp;Mizuho Securities USA LLC at +1-866-271-7403.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PRICING TERM SHEET &ndash; NOTES DUE 2031</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever Capital Corporation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">$850,000,000 1.750% Senior Notes due 2031</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">jointly, severally, fully and unconditionally
guaranteed by</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-indent: 0.25in; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever PLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever United States,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 40%"><FONT STYLE="font-size: 10pt">Issuer:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 60%"><FONT STYLE="font-size: 10pt">Unilever Capital Corporation</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Guarantors:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Unilever PLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Unilever United States,&nbsp;Inc.</P></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Security Type:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Anticipated Rating*:</P></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC-Registered Senior Notes</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A1/A+ (Moody&rsquo;s/S&amp;P)</P></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Principal Amount:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">$850,000,000</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Maturity Date:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">August&nbsp;12, 2031</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Coupon:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">1.750%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Public Offering Price:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">99.345%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Yield to Maturity:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">1.822%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Spread to Benchmark Treasury:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">T+50 bps</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Benchmark Treasury:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">UST 1.625% due May 15, 2031</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Benchmark Treasury Yield:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">1.322%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Benchmark Treasury Price: </FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">102-24+</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Net Proceeds:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">$840,862,500</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Minimum Denominations:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">$100,000 and any integral multiple of $1,000
    above that amount</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">CUSIP/ISIN:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">904764 BQ9 / US904764BQ99</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Trade Date:</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">August&nbsp;9, 2021</FONT></TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 40%"><FONT STYLE="font-size: 10pt">Interest Payment Dates:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 60%"><FONT STYLE="font-size: 10pt">Semi-annually on February&nbsp;12
    and August&nbsp;12, commencing from February&nbsp;12, 2022 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Make-Whole:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">T+10 bps</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Par Call:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">At any time on or after May&nbsp;12, 2031 (3
    months prior to their maturity date)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Settlement Date:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">August&nbsp;12, 2021 (T+3)**</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Clearing System:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">The Depository Trust Company (&ldquo;DTC&rdquo;)
    (including via Euroclear and Clearstream as participants in DTC)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top">Joint Book-Running Managers:</TD>
    <TD STYLE="vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citigroup Global Markets Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Deutsche Bank Securities Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">J.P. Morgan Securities LLC<BR>
    Mizuho Securities USA LLC</P></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>*A securities rating is not a recommendation to buy, sell or hold
securities and may be subject to revision or withdrawal at any time.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>**It is expected that delivery of the Notes will be made against
payment therefor on the Settlement Date, the third business day following the Trade Date (such settlement being referred to as &ldquo;T+3&rdquo;).
Under Rule&nbsp;15c6-l under the Exchange Act, trades in the United States secondary market generally are required to settle in two business
days (&ldquo;T+2&rdquo;), unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Notes
on the Trade Date will be required, by virtue of the fact that the Notes will initially settle in T+3, to specify an alternate settlement
cycle at the time of any such trade to prevent a failed settlement. Settlement procedures in other countries may vary and purchasers
of Notes may be affected by such local settlement practices. Purchasers of Notes who wish to trade the Notes on the Trade Date should
consult their own adviser.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>No PRIIPs key information document (&ldquo;KID&rdquo;) has been
prepared as the Notes are not available to retail investors in the EEA or UK.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>The issuer and the guarantors have filed a registration statement
(including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus
in that registration statement and other documents the issuer and the guarantors have filed with the SEC for more complete information
about the issuer, the guarantors and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, the issuer or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling
(1)&nbsp;Citigroup Global Markets Inc. at +1-800-831-9146, (2)&nbsp;Deutsche Bank Securities Inc. at +1-800-503-4611, (3)&nbsp;J.P. Morgan
Securities LLC at +1-212-834-4533 or (4)&nbsp;Mizuho Securities USA LLC at +1-866-271-7403.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PRICING TERM SHEET &ndash; NOTES DUE 2051</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever Capital Corporation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">$650,000,000 2.625% Senior Notes due 2051</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">jointly, severally, fully and unconditionally
guaranteed by</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever PLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever United States,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 40%"><FONT STYLE="font-size: 10pt">Issuer:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 60%"><FONT STYLE="font-size: 10pt">Unilever Capital Corporation</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Guarantors:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Unilever PLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Unilever United States,&nbsp;Inc.</P></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Security Type:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Anticipated Rating*:</P></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SEC-Registered Senior Notes</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A1/A+ (Moody&rsquo;s/S&amp;P)</P></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Principal Amount:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">$650,000,000</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Maturity Date:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">August&nbsp;12, 2051</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Coupon:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">2.625%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Public Offering Price:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">98.708%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Yield to Maturity:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">2.688%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Spread to Benchmark Treasury:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">T+70 bps</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Benchmark Treasury:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">UST 1.875% due February 15, 2051</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Benchmark Treasury Yield:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">1.988%</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Benchmark Treasury Price: </FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">97-15+</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Net Proceeds:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top">$637,052,000</TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Minimum Denominations:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">$100,000 and any integral multiple of $1,000
    above that amount</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">CUSIP/ISIN:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">904764 BR7 / US904764BR72</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Trade Date:</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">August&nbsp;9, 2021</FONT></TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 40%"><FONT STYLE="font-size: 10pt">Interest Payment Dates:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top; width: 60%"><FONT STYLE="font-size: 10pt">Semi-annually on February&nbsp;12
    and August&nbsp;12, commencing from February&nbsp;12, 2022 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Make-Whole:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">T+15 bps</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Par Call:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">At any time on or after February&nbsp;12, 2051
    (6 months prior to their maturity date)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Settlement Date:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">August&nbsp;12, 2021 (T+3)**</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">Clearing System:</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; vertical-align: top"><FONT STYLE="font-size: 10pt">The Depository Trust Company (&ldquo;DTC&rdquo;)
    (including via Euroclear and Clearstream as participants in DTC)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top">Joint Book-Running Managers:</TD>
    <TD STYLE="vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citigroup Global Markets Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Deutsche Bank Securities Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">J.P. Morgan Securities LLC<BR>
    Mizuho Securities USA LLC</P></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>*A securities rating is not a recommendation to buy, sell or hold
securities and may be subject to revision or withdrawal at any time.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>**It is expected that delivery of the Notes will be made against
payment therefor on the Settlement Date, the third business day following the Trade Date (such settlement being referred to as &ldquo;T+3&rdquo;).
Under Rule&nbsp;15c6-l under the Exchange Act, trades in the United States secondary market generally are required to settle in two business
days (&ldquo;T+2&rdquo;), unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Notes
on the Trade Date will be required, by virtue of the fact that the Notes will initially settle in T+3, to specify an alternate settlement
cycle at the time of any such trade to prevent a failed settlement. Settlement procedures in other countries may vary and purchasers
of Notes may be affected by such local settlement practices. Purchasers of Notes who wish to trade the Notes on the Trade Date should
consult their own adviser.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>No PRIIPs key information document (&ldquo;KID&rdquo;) has been
prepared as the Notes are not available to retail investors in the EEA or UK.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>The issuer and the guarantors have filed a registration statement
(including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus
in that registration statement and other documents the issuer and the guarantors have filed with the SEC for more complete information
about the issuer, the guarantors and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, the issuer or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling
(1)&nbsp;Citigroup Global Markets Inc. at +1-800-831-9146, (2)&nbsp;Deutsche Bank Securities Inc. at +1-800-503-4611, (3)&nbsp;J.P. Morgan
Securities LLC at +1-212-834-4533 or (4)&nbsp;Mizuho Securities USA LLC at +1-866-271-7403.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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