Unilever PLC and Unilever N.V. today announce the successful completion of the first tranche of the buyback programme to buy shares with an aggregate market value equivalent of €3 billion, and the commencement of a second tranche to buy back shares with an aggregate market value equivalent of €3 billion in line with the Group's stated objectives. This second tranche of the programme (the "Second Tranche") will commence on 20 July 2018 and will be to buy back Unilever PLC ordinary shares and Unilever N.V. ordinary shares (or depositary receipts in respect of such ordinary shares) with a total market value equivalent to €3 billion for all shares to be bought back. The Second Tranche will take place within the limitations of the authority granted to the Boards of each of Unilever PLC and Unilever N.V. by their general meetings, held on 2nd May and 3rd May 2018 respectively, pursuant to which the maximum number of shares to be bought back by Unilever PLC in the Second Tranche is 91,397,655 and the maximum number of shares (or depositary receipts thereof) to be bought back by Unilever N.V. in the Second Tranche is 179,280,872.