Company Announcements

Reckitt Benckiser Group PLC

Legal Entity Identifier: 5493003JFSMOJG48V108

Publication of Offering Memorandum

13 May 2020

Reckitt Benckiser Group plc announces the publication of the Offering Memorandum dated 13 May 2020

Reckitt Benckiser Group plc ("RB") (LSE: RBL) today announced that the offering memorandum dated 13 May 2020 (the "Offering Memorandum") in relation to (i) the issue by Reckitt Benckiser Treasury Services (Nederland) B.V., its indirect wholly-owned subsidiary ("RBTS BV") of €850 million aggregate principal amount of 0.375% senior notes due 2026 (the "2026 Euro Notes") and €850 million aggregate principal amount of 0.750% senior notes due 2030 (the "2030 Euro Notes") and (ii) the issue by Reckitt Benckiser Treasury Services plc, its indirect wholly-owned subsidiary ("RBTS") of £500 million aggregate principal amount of 1.750% senior notes due 2032 (the "2032 Pound Sterling Notes" and, together with the 2026 Euro Notes and the 2030 Euro Notes, the "Notes"), each fully and unconditionally guaranteed by RB, has been approved by the Financial Conduct Authority (the "FCA") and is available for viewing.

To view the full document, paste the following URL into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/8107M_1-2020-5-13.pdf

A copy of the Offering Memorandum and the documents incorporated by reference therein have been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

Election of home Member State under the Transparency Directive

RBTS BV hereby elects the United Kingdom as its home Member State for the purposes of the Transparency Directive (Directive 2004/109/EC, as amended).

This announcement does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other security and shall not constitute an offer, solicitation or sale in the United States or to U.S. persons (as defined in Regulation S under the Securities Act ("Regulation S")) or in any jurisdiction in which, or to any persons to whom, such offering, solicitation or sale would be unlawful.

The Notes and the guarantees have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and, subject to certain exceptions, may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S). The Notes are being offered and sold outside the United States only to non-U.S. persons in reliance on Regulation S and within the United States to "qualified institutional buyers" in reliance on Rule 144A under the Securities Act ("Rule 144A"). Prospective purchasers of the Notes are hereby notified that the seller may be relying on the exemption from the provisions of Section 5 of the Securities Act provided by Rule 144A.

For further information, contact:

Disclaimer - intended addressees

Please note that the information contained in the Offering Memorandum may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Offering Memorandum) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Offering Memorandum is not addressed. Prior to relying on the information contained in the Offering Memorandum, you must ascertain from the Offering Memorandum whether or not you are one of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

Important notice

This announcement is not for release, publication or distribution directly or indirectly, in whole or in part, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. This announcement has been prepared for the purposes of complying with applicable law and regulation in the United Kingdom and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside of the United Kingdom.