CINCINNATI, OH, August 17, 2017-

The Procter & Gamble Company (NYSE:PG) today issued the following statement in response to Trian Partners’ Letter to Shareholders dated August 16, 2017:

Trian continues to offer no new, actionable ideas to drive additional value for P&G shareholders. In fact, Trian and Nelson Peltz have repeatedly encouraged P&G to continue the execution of the current strategy and plan that P&G already has in place – direct affirmation of the fact that our plan is working. Trian instead is criticizing P&G by using timeframes that do not reflect the significant value creation the Company’s transformation has started to deliver.

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