KENVUE INC (=) : Non material data changes

Research evidence excerpt

KENVUE INC (=) : Non material data changes

, division 2, reg. 7.1.18 & 7.1.19) and/or professional investors

(as defined in section 9 of the Corporations Act 2001). BNP Paribas Securities (Asia) Limited provides financial services in Australia in reliance on the

relief under Australian Securities & Investment Commission Corporations (Amendment) Instrument 2022/623. BNPP Sec (Asia) Limited is exempt from

the requirement to hold an Australian Financial Services Licence; and is regulated by the Securities and Futures Commission under Hong Kong laws,

which differ from Australian laws.

Bahrain: This report is being distributed in Bahrain by BNP Paribas Conventional Wholesale Bank Bahrain, a branch of BNP Paribas S.A. whose head

office is in Paris, France (Registered Office: 16 boulevard des Italiens, 75009 Paris, France). BNP Paribas Conventional Wholesale Bank Bahrain is

licensed and regulated as a Registered Institution by the Central Bank of Bahrain. This report does not, nor is it intended to, constitute an offer to issue,

sell or acquire, or solicit an offer to sell or acquire any securities or to enter into any transaction. The Central Bank of Bahrain assumes no responsibility

for the accuracy and completeness of the statements and information contained in this report and expressly disclaims any liability whatsoever for any

loss howsoever arising from reliance upon the whole or any part of the contents of this report.

China: BNP Paribas Securities (China) Limited is a qualified securities investment consultancy firm registered with the China Securities Regulatory

Commission.

European Economic Area (EEA): This report is being distributed in the EEA by BNP Paribas S.A. (“BNPP SA”) and/or BNP Paribas Financial Markets

SNC.