Procter and Gamble Master Retirement Plan

Procter and Gamble Master Retirement Plan is a single-employer defined benefit corporate pension fund based in Cincinnati, Ohio. Established in 1982, the plan covers certain employees of The Procter & Gamble Company and its wholly owned subsidiaries and provides death & disability benefits. The plan consists of various merged plans of former employers acquired by the company. The plan provides for a uniform body of provisions that are applicable to all participants in the plan, except where specified in a supplement to the plan. The assets of the plan are managed by the executive management team. State Street Bank & Trust Company serves as trustee of the plan.