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Developing Leaders P&G s success depends on its people. The Company has invested in talent for over 175 years and continues to do so by empowering and developing its employees as well as university students through a range of initiatives.

Assalam-o-Alaikum The first half of this year has been remarkable both from a business and organizational point of view. Our brands continue to delight Pakistani consumers via innovative products and campaigns. Pantene launched the new Pantene Pro-V with Damage Blockers, which is a pioneer in haircare technology. Safeguard partnered with Sharmeen Obaid Chinoy for the animated film 3 Bahadur which aims to bring to Pakistani children a positive message about the potential in each and every individual to be an agent of change. P&G was ranked as the # 1 company in the cosmetics and soaps category on the Fortune Magazine 2015 list of the World s Most Admired Companies. Additionally, the National Association for Female Executives acknowledged P&G s commitment to women at the workplace, given 30 percent of all leadership roles within the Company are held by women. P&G s Diversity and Inclusion (D&I) mission - Everyone Valued, Everyone Included, Everyone Performing at their Peak was brought to life in Pakistan through the annual D&I Week celebration. D&I Week aims to recognize and appreciate the diversity our people bring to the organization in terms of ethnic and cultural backgrounds as well as skills, career and life experiences.the Week included the launch of P&G s Women Empowered Network, the highly anticipated P&G s Got Talent competition as well as workshops on the importance of D&I as a critical enabler for innovation and productivity. We delivered on our commitment to developing talent - the second edition of the P&G CEO Challenge was a roaring success as university students from across Pakistan participated to showcase their entrepreneurial skills. I hope you enjoy reading more about our activities in this newsletter. Faisal Sabzwari Vice President, P&G Pakistan P&G recognized by Fortune and NAFE P&G has been ranked # 1 by Fortune Magazine in the cosmetics and soaps category and 17th overall on the magazine s 2015 list of the World s Most Admired Companies. P&G has consistently ranked among the top two in the industry for the past six years. The list includes 50 companies that are evaluated on attributes such as innovation, investment value and social responsibility. Additionally the National Association for Female Executives (NAFE) has acknowledged Mary Lynn Ferguson-McHugh, P&G s Global Family Care Group President, for her outstanding support of executive women. Moreover NAFE recognized P&G s broader commitment to women in the workplace as 30 percent of all P&G executive leadership roles are held by women. This is up 15 percent from 2000. NAFE ranked P&G in the top 10 for-profit companies for women and awarded it a spot in the NAFE Hall of Fame - a recognition received by only three other companies. P&G committed to Preserve, Partner and Pioneer This Earth Week, P&G celebrated its commitment to sustainability through the theme Preserve, Partner, Pioneer. At P&G every day is Earth Day. From the forest, to the factory, to the consumer, P&G strives to preserve its resources, materials and communities all with the idea of decreasing its environmental footprint while building the positive social impact of its brands. P&G realizes that many of the sustainability challenges faced in the world today can only be solved by partnering with like-minded organizations. For this reason P&G has established partnership across its supply chain which enables the transformation of waste into worth. Finally, P&G strives to be an industry-leading pioneer, seeking break through innovations and more sustainable practices. Almost always, its game changing improvements start with a single person an individual with a vision of what is possible. This is also reflected in its pioneering efforts to provide clean drinking water to communities across the globe through the P&G Children s Safe Drinking Water Program.

Students showcase their skills in P&G CEO Challenge P&G believes in the importance of developing and grooming talent by providing individuals substantial leadership opportunities early on, even before they embark on their professional journey. This intent gave birth to the P&G CEO Challenge which has successfully completed its second year in Pakistan. The P&G CEO Challenge is a regional case study competition for university students. The Challenge went live in 7 countries. More than 700 teams registered from over 20 universities across Pakistan. The Challenge provided students a true insight into how a multinational company like P&G operates and exposure to holistic business challenges - from marketing to finance and retail - faced by brands and businesses being run on an international scale. The competition was divided into five phases and followed an elimination process. After three grueling rounds, team Icarus from Lahore University of Management Sciences (LUMS) emerged as the National Champions for 2015 and went on to represent Pakistan in the cluster round against university teams from the Middle East region. In just the two years since its launch, the P&G CEO Challenge has reached approximately 4,000 students from across Pakistan. Our people are P&G s greatest asset and this is what makes us unique. We aim to attract, hire and retain the very best talent and invest in growing and developing that talent over time. Talent development is a top priority for P&G and therefore initiatives such as the P&G CEO Challenge are designed to provide the youth of this country opportunities to develop themselves into some of the finest business leaders in the future. -Mehreen Cheema, Talent Practice Leader, P&G Pakistan. P&G Recruitment Drive - the search for the finest P&G kicked off its National Recruitment Drive in February, visiting top university campuses across Pakistan to recruit the very best talent. The sessions conducted by senior P&G leadership attracted hundreds of students at each campus. Successful candidates will spend over two months as a part of the P&G Summer Internship Program 2015. P&G focuses on inducting talent through its world-class internship program for entry level positions. Over 90 percent of P&G employees start at entry level positions and approximately 70 percent of those are recruited from within the Company s hirable intern pipeline. The program is extremly competitive as only one percent of the thousands of students who apply, successfully secure an internship. P&G s Summer Internship Program 2015 went live in June. The Company looks forward to hosting some of the brightest minds in Pakistan at its headquarters in Karachi this summer.

Pantene reveals breakthrough haircare technology Many clients tell me that they think tap water is harsh on their hair. Having gone through an educational visit at the Pantene lab in Singapore, I now understand what is causing the damage and how the new Pantene can prevent it. Through a global study, the Pantene team was the first to discover that excessive minerals in the water, namely copper, deposit on hair during washing. This accumulates on hair over time causing problems like dull, brittle, dry hair, even when freshly washed and conditioned. The study proves that during the first wash, Pantene s new shampoo with Damage Blockers begin working to address the hair s copper levels while revealing the natural beauty of each fiber. With continued use, the stress on hair caused by copper deposits declines and protein preservation improves, thus reinforcing Damage Blockers as an effective solution to prevent hair damage caused by copper in water. Nina Lotia, Renowned Hair Stylist and Pantene Brand Ambassador In March Pantene brought to Pakistani consumers yet another innovation in haircare treatment - new Pantene Pro-V, with Damage Blockers. Pantene Pro-V shampoos have been reformulated to include Damage Blockers, becoming the world s first global innovation to prevent the damage caused by copper levels in hair from tap water. The launch of the new Pantene was announced at an exclusive event in Karachi. Present at the event was renowned hair stylist and Pantene Brand Ambassador, Nina Lotia, who explained the science behind the new Pantene formula and how it can help prevent the damage tap water causes to hair. Also present at the launch event was Aamina Sheikh, renowned actress and Pantene beauty ambassador, who shared her personal experience after having used the new Pantene Pro-V product. Consumers also experienced Pantene s latest haircare offering via an activity held at a local mall. Safeguard supports '3 Bahadur' - spreading the message of positive change Safeguard believes that every child has the potential to be a champion. Fifteen years ago, the brand set out on a journey to unleash this inner champion amongst children across Pakistan and thus was born Pakistan s first superhero, Commander Safeguard. Today, Safeguard continues to stay true to its cause of helping families and children across Pakistan realize their true potential. Safeguard proudly supports Pakistan s first full-length animated feature film 3 Bahadur produced by Sharmeen Obaid Chinoy Films and Waadi Animations. 3 Bahadur is a movie about hope which shows how everyone has the potential to create positive change by being a champion. It is this message and the enormous leap in the animation industry that 3 Bahadur represents which makes Safeguard such a proud supporter of this film. Safeguard is committed to empowering families with health and hygiene, thus helping them protect those they love. For the past 20 years, Safeguard has worked towards creating a healthier society by providing health and hygiene education to more than 10 million children through the Safeguard School Education Program.

Valuing, Respecting and Celebrating Differences Diversity & Inclusion (D&I) is a part of P&G s DNA. This means fostering a culture of inclusion every day, looking for opportunities to formally recognize and celebrate employee uniqueness and keeping a diverse workforce inspired and able to perform at its peak each day. D&I Week, which began as a grassroots movement, has evolved with growing momentum around the P&G world. P&G celebrated its annual D&I Week in March. The week started with an all-employee breakfast themed Flavors of the World including flavorful dishes from several countries. This was followed with a presentation to all employes on the importance of D&I as a critical enabler for innovation and productivity. During this week P&G launched its Women Empowered Network - an initiative to re-affirm P&G s commitment to women in the workplace. The activity included a team-building exercise, an interactive learning session called Courage to Lead, led by senior female leadership at P&G Pakistan and a motivational guest speaker session by Aatiqa Lateef, Group Chief of Staff at Byco. The third day focused on D&I education as Gender @Work and Flex@Work trainings were deployed for all employees. On the final day, employees witnessed P&G people come together in P&G s Got Talent competition. With 100 percent employee involvement, musicians, artists, actors and comedians took the stage in front of a highly charged and energetic audience. The P&G s Got Talent competition marked the highlight and the end of the D&I Week festivities. Employees take on the Ultimate Fitness Challenge P&G launched season four of its 45-day Ultimate Fitness Challenge (UFC) - an exciting initiative aimed at improving employee health and wellbeing. Part of P&G s Vibrant Living efforts, UFC attracted the participation of over 80 percent of the organization who collectively lost over 400 lbs and 150 inches. This was made possible with the help of health and fitness experts from Body Beat who guided participants on ways to maintain a healthy lifestyle via personalized assessments, regular exercise and a healthy diet plan. Individual targets were set for the 45-day Challenge period and each participant was judged on five variables, including body fat and weight. Throughout the Challenge, in-house workout sessions were conducted and healthy food options were provided. The Challenge was launched during P&G Healthy Living Week, an initiative aimed at helping employees understand how to live a healthy lifestyle. A medical team conducted health checks for employees and a P&G doctor was present on-site helping employees understand their reports. Healthy Living Week concluded with celebrities Anushay Ashraf and Azfar Rahman conducting an inspirational talk on fitness and work-life balance.

P&G Pakistan recognized for its Corporate Community Partnership P&G has once again been recognized for its social responsibility efforts in Pakistan. P&G recently received the 2014 National Corporate Social Responsibility Award by the CSR Association of Pakistan and the 4th Corporate Social Responsibility Award by the Professionals Network in association with the CSR Association of Pakistan. These awards recognized P&G s Children's Safe Drinking Water (CSDW) Program for efforts made via the P&G-METRO-HOPE anniversary partnership to provide Pakistani communities affected by natural disasters with clean drinking water. It particularly recognized P&G in the categories Corporate Community Partnership and Collaboration and Partnership for the Company s collaborative spirit in coming together with its business partner METRO Cash & Carry - on METRO's 50th anniversary celebration, and its NGO partner HOPE for this unique initiative. Through this initiative 24 million liters of clean drinking water have been made available through P&G Purifier of Water sachets to Pakistani communities affected by the drought in Tharparker and floods in Punjab. This is enough clean drinking water for 400,000 people for a month. "P&G's commitment toward the community is deeply rooted in the Company's Purpose to touch and improve lives. Over the years our social responsibility programs have improved the lives of over 34 million Pakistanis. We are committed to improving health and hygiene for people in need by supporting hygiene education and promoting everyday healthy behaviors that help prevent illness and improve confidence. Providing P&G Purifier of Water sachets is one of the important ways we are able to help families in need as access to clean drinking water is a major problem for many people across the country. Claudia Manuel, Communications Manager, P&G Pakistan P&G CSDW - Stirring up change for 10 years When we did not have P&G Purifier of Water there was a high number of absenteeism. Nowadays we don t miss school because we treat the water and drink it. Now we don t miss out on our subjects. Boniface Otieno, Recipient of P&G Purifier of Water More than ten years ago, P&G began providing clean drinking water in Pakistan, Kenya and Guatemala through purification packets containing powder technology that kills deadly viruses and bacteria, making contaminated water clean and drinkable. Since then the P&G Purifier of Water Packets have helped children and families in more than 75 countries and the Children s Safe Drinking Water Program (CSDW) has grown to include a network of more than 150 partners. On the occasion of World Water Day this March, P&G celebrated its 10th year of CSDW by taking a look at some of the people whose lives have been changed by clean drinking water. The packets help children such as Boniface Otieno, a 13-year-old boy living in rural Kenya, who participates in a program offered by CARE, a charity organization P&G has partnered with for 10 years. P&G is excited about what the future holds for CSDW as the Company works towards its goal to transform lives by sharing enough clean drinking water to save one life every hour by 2020.