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[ X
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED JUNE 30, 2024, OR
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[
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] for the transition period from _________ to__________.
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A.
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Full title of the plan and the address of the plan, if different from that of the issuer named below: Group Profit Sharing, Incentive and Employer Contribution Plan (France), c/o Groupe
Procter & Gamble en France, Service Relations Exterieures, 96 avenue Charles de Gaulle, 92200 Neuilly sur Seine.
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B.
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Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: The Procter & Gamble Company, One Procter & Gamble Plaza, Cincinnati,
Ohio 45202
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Item 1.
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Audited statements of financial condition as of the end of the latest two fiscal years of the plan (or such lesser period as the plan has been in existence).
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Item 2.
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Audited statements of income and changes in plan equity for each of the latest three fiscal years of the plan (or such lesser period as the plan has been in existence).
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Procter & Gamble Holding France S.A.S. Group Profit
Sharing, Incentive and Employer Contribution Plan (FRANCE)
Statements of Net Assets Available for Plan Benefits as of June 30, 2024 and 2023, Statements
of Changes in Net Assets Available for Plan Benefits for the Years Ended June 30, 2024, 2023,
and 2022 and Report of Independent Registered Public Accounting Firm
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Page | ||
REPORT OF INDEPENDENT PUBLIC ACCOUNTING FIRM | 3 | |
FINANCIAL STATEMENTS: | ||
Statements of Net Assets Available for Plan Benefits as of June 30, 2024 and 2023
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4 | |
Statement of Changes in Net Assets Available for Plan Benefits for the Years
Ended June 30, 2024, 2023 and 2022 |
5
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Notes to Financial Statements | 6-11 |
GROUP PROFIT SHARING, INCENTIVE AND EMPLOYER CONTRIBUTION PLAN (FRANCE)
(All numbers in Euros)
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2024
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2023
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ASSETS:
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|||
Participant-directed investments
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73,247,110
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66,923,059
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Non-participant-directed investments
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145,525,742
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140,691,705
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Total investments
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218,772,852
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207,614,763
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Receivables:
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Participant contribution
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2,670,669
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1,849,798
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Employer contribution
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4,202,718
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4,119,353
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Total receivables
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6,873,387
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5,969,151
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NET ASSETS AVAILABLE FOR PLAN BENEFITS
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225,646,238
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213,583,915
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GROUP PROFIT SHARING, INCENTIVE AND EMPLOYER CONTRIBUTION PLAN (FRANCE)
(All numbers in Euros)
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2024
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2023
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2022
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ADDITIONS:
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Contributions:
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Participant contributions
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5,526,508
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5,393,765
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5,501,093
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Employer contributions
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9,434,257
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8,455,057
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8,435,055
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Total contributions
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14,960,765
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13,848,823
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13,936,148
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Investment (loss) income:
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Increase (decrease) in unrealized appreciation in “The Procter & Gamble Company" common stock
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-24,341,734
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-4,251,157
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16,594,738
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Increase (decrease) in unrealized appreciation in other investments
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2,657,131
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2,355,285
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-10,800,048
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Realized gain (loss) on sales of The Procter & Gamble Company common stock
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38,318,252
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5,956,596
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7,873,658
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Realized gain (loss) on sale of other investments
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3,910,190
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779,411
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1,852,782
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Dividends from The Procter & Gamble Company common stock
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2,271,107
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2,461,212
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2,236,041
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Other income (expense)
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37,192
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24,374
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15,823
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Net investment (loss) income
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22,852,140
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7,325,721
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17,772,993
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Total additions
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37,812,904
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21,174,544
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31,709,140
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DEDUCTION—Benefits paid to participants
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25,750,581
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17,246,286
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19,694,918
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NET INCREASE (DECREASE)
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12,062,324
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3,928,258
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12,014,223
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NET ASSETS AVAILABLE FOR PLAN BENEFITS:
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Beginning of year
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213,583,914
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209,655,656
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197,641,434
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End of year
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225,646,238
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213,583,914
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209,655,656
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GROUP PROFIT SHARING, INCENTIVE AND EMPLOYER CONTRIBUTION PLAN (FRANCE)
1. |
DESCRIPTION OF THE PLAN
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•
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FCPE Groupe Procter & Gamble Actions (Option A) – The prospectus indicates that this fund is
primarily invested in securities or in mutual funds which invest with a minimum of 60% in international securities and with a maximum of 40% in international interest rate products.
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•
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FCPE Groupe Procter & Gamble Obligations (Option B) – The prospectus indicates that this fund
is primarily invested in Eurozone monetary products or in mutual funds which invest primarily in Eurozone monetary products.
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•
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FCPE Groupe Procter & Gamble 5000 (Option C) – The prospectus indicates that this fund is
primarily invested in securities or in mutual funds invested at least at 90% in securities (Europe, United States, Asia and emerging countries) and with a maximum of 10% invested in Eurozone monetary products.
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•
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FCPE Groupe Procter & Gamble (Option D) – The prospectus indicates that this fund is invested
at 66.66% maximum in The Procter & Gamble Company common stock and with a minimum of 33.33% invested in US/Euro zone monetary products.
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•
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FCPE Groupe Procter & Gamble (Option F) – The prospectus indicates that this fund is invested
at 80% in international bonds or in mutual funds which invest in international bonds, at 20% in “socially responsible investment” Euro bonds or in mutual funds which invest in “socially responsible” Euro bonds.
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2. |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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2024 | 2023 | ||||||
Asset Group
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Level 1
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Level 2
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Level 3
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Level 1
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Level 2
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Level 3
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Procter & Gamble Company common stock
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145,525,742
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140,691,705
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Other investments
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73,247,110
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66,923,059
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TOTAL
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218,772,852
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207,614,763
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3. |
INVESTMENTS
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2024
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2023
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(All numbers in Euros)
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Number
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Market
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Number
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Market
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of Shares
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Value in €uros
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of Shares
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Value in €uros
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Investments of each FCPE
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• Groupe Procter & Gamble Actions (Option A)*
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194,092
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27,532,125
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197,807
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25,523,269
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• Groupe Procter & Gamble Obligations (Option B)*
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564,123
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16,434,869
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543,176
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15,213,163
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• Groupe Procter & Gamble 5000 (Option C)*
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626,974
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25,212,059
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618,589
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21,722,705
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• Groupe Procter & Gamble (Option D)*
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322,261
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145,525,742
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348,803
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140,691,705
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• Groupe Procter & Gamble Obligations (Option F)*
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2,724,576
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4,068,056
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3,092,925
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4,463,922
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Total investments
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218,772,852
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207,614,763
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(All numbers in Euros)
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2024
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2023
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2022
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The Procter & Gamble Company Common stock (FCPE Option D)
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Cost
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93,635,079
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64,459,308
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57,835,747
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Market value
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145,525,742
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140,691,705
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138,319,301
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Unrealized appreciation (depreciation)
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51,890,663
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76,232,396
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80,483,553
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(Decrease) increase in unrealized appreciation
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-24,341,734
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-4,251,157
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16,594,738
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Other investments (FCPE Option A, B, C, F)
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Cost
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61,468,575
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57,801,655
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58,636,412
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Market value
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73,247,110
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66,923,059
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65,402,530
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Unrealized appreciation (depreciation)
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11,778,535
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9,121,404
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6,766,119
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Increase (decrease) in unrealized appreciation
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2,657,131
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2,355,285
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-10,800,048
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(All numbers in Euros)
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2024
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2023
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2022
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The Procter & Gamble Company Common stock
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Proceeds on sales of shares
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75,122,493
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13,207,083
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15,671,667
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Cost
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36,804,241
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7,250,487
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7,798,009
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Realized (loss) gain
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38,318,252
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5,956,596
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7,873,658
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Other investments
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Proceeds on sales of shares
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41,364,927
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15,798,977
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15,026,384
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Cost
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37,454,737
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15,019,566
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13,173,602
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Realized (loss) gain
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3,910,190
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779,411
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1,852,782
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4. |
NON-PARTICIPANT - DIRECTED INVESTMENTS
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(All numbers in Euros)
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2024
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2023
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2022
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Net assets:
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P&G Company Stock (FCPE Option D) - beginning of year
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140,691,705
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138,319,301
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116,954,778
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Changes in net assets:
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Net appreciation (depreciation) in fair value of investments
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16,253,146
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4,164,204
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26,701,056
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Participant contributions
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4,797,285
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4,640,541
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4,588,422
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Employer contributions
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5,777,217
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5,945,539
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4,518,875
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Benefits paid to participants
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-21,993,611
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-12,377,880
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-14,443,830
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Net change
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4,834,037
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2,372,404
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21,364,523
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P&G Company Stock (FCPE Option D)—end of year
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145,525,742
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140,691,705
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138,319,301
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5. |
PLAN PARTICIPANTS
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6. |
TAX STATUS
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7. |
RELATED PARTY TRANSACTIONS
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