CES 2019, page-148

My takeaways from discussions with management at AGM and most recently the other day is that should the smart bottle go to market, we should really get a royalty per cap (As it’s an integrated product then we would get the sale). As we’ve come to know though, SK-II can be slow moving so until it’s on shelves it’s all market evaluation at the moment.

I agree with you it’s great SK-II approached Jeff for a solution. I know they have a strong relationship so it’s hard to see the smart bottle not being well received.

Meanwhile, Olay’s developments are very exciting and keep building momentum And regarding BG, I’m looking forward to when we get more details there!