ADR holder FAQ’s

Haleon’s depositary bank, JPMorgan Chase Bank N.A. (“JPMorgan”), operates a Global Invest Direct programme which allows first time and existing investors to purchase and/or sell ADRs. For further details and to obtain an enrolment pack, please visit www.shareowneronline.com.

Alternatively, please contact your bank or stock broker who should be able to advise you on how to buy Haleon ADRs.

Haleon ADRs will be issued by the depositary bank, JPMorgan. The underlying ordinary shares are deposited by a local custodian bank, usually by a broker who has purchased the ordinary shares in the open market. Once issued, Haleon ADRs may be traded in the US on the New York Stock Exchange.

When the ADR holder sells, the ADR can either be sold to another investor in the US market or cancelled. In the latter case, the ADR is surrendered to the depositary, and the ordinary shares held with the depositary’s custodian would be released back into the home market (i.e. the UK)

A Haleon ADR holder is able to request delivery of the underlying Haleon Ordinary Shares at any time.

Holders of Haleon ADRs are entitled to instruct JPMorgan as to how to vote in relation to their shareholding at the respective Annual General Meetings or General Meetings. The voting rights are in relation to the number of Haleon Ordinary Shares represented by the respective ADRs. If you choose not to instruct JPM, your shares will not be voted.

ADR dividends are paid in US dollars. The dividend amount paid on ADRs is calculated by converting the dividend amount in pounds sterling to US dollars, using the exchange rate as at close of business two days prior to the payment date.

(The US dollar dividend amount received is likely to differ from the US dollar determining rate announced in the quarterly results due to the currency fluctuations between the date the dividend is declared and two days before the payment date).