# EDGAR Filing Document

**Accession Number:** 0000080424
**File Stem:** 0000080424-23-000020
**Filing Date:** 2023-2
**Character Count:** 40922
**Document Hash:** 3cd5ff4d1c26e3310de54beec0127ea1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000080424-23-000020.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0000080424-23-000020

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 21

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**EFFECTIVENESS DATE**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROCTER & GAMBLE Co
- **CENTRAL INDEX KEY:** 0000080424
- **STANDARD INDUSTRIAL CLASSIFICATION:** SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
- **IRS NUMBER:** 310411980
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-270100
- **FILM NUMBER:** 23685947

**BUSINESS ADDRESS:**
- **STREET 1:** ONE PROCTER & GAMBLE PLAZA
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202
- **BUSINESS PHONE:** 5139831100

**MAIL ADDRESS:**
- **STREET 1:** ONE PROCTER & GAMBLE PLAZA
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PROCTER & GAMBLE CO
- **DATE OF NAME CHANGE:** 19920703

Registration No. 333-________

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

#### THE PROCTER & GAMBLE COMPANY
(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Ohio** | **31-0411980** |
| (State or Other Jurisdiction <br> of Incorporation)<br>| (I.R.S. Employer <br> Identification No.) |

---

One Procter & Gamble Plaza, Cincinnati, Ohio 45202

(513) 983-1100

(Address, including zip code, and telephone

number, including area code, of registrant's principal executive offices)

#### Group Profit Sharing, Incentive and Employer Contribution Plan (France)

Susan Street Whaley, Secretary

The Procter & Gamble Company

One Procter & Gamble Plaza, Cincinnati, Ohio 45202

(513) 983-1100

(Name, address, including zip code, and telephone number,

including area code, of agent for service)

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | |
|:---|:---|
| Large accelerated filer ⌧ | Accelerated filer ☐ |
| Non-accelerated filer ☐ (Do not check if a smaller reporting company)  | Smaller reporting company ☐ |
|  | Emerging Growth Company ☐ |

---

<br> If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

#### PART I

#### INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS

The documents containing the information specified in Part I of Form S-8 will be sent or given to employees as specified by Rule 428(b)(1) under the Securities Act of 1933, as amended (the "Securities Act"). Such documents are not required to be, and are not, filed with the Securities and Exchange Commission (the "Commission") either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. These documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of Form S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.

#### PART II

#### INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

**Item 3.** **INCORPORATION OF DOCUMENTS BY REFERENCE**

The following documents filed by The Procter & Gamble Company with the Commission pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are incorporated herein by reference:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Company's Annual Report on Form [10-K](https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042422000064/pg-20220630.htm), filed August 5, 2022, for the fiscal year ended June 30, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The Company's Quarterly Reports on Form 10-Q filed [October 19, 2022](https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042422000102/pg-20220930.htm), for the period ended September 30, 2022, and on [January 19, 2023](https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042423000014/pg-20221231.htm), for the period ended December 31, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. The Plan's Annual Report on Form [11-K](https://www.sec.gov/Archives/edgar/data/80424/000008042422000072/pgfrancegpsiecp22.htm) filed on September 23, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The Company's Current Reports on Form 8-K filed on [October 14, 2022](https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042422000086/annualmtgvote2022.htm), [December 13, 2022](https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000008042422000109/regulations2022.htm), [January 26, 2023](https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000119312523016270/d440879d8k.htm), and [February 3, 2023](https://www.sec.gov/ix?doc=/Archives/edgar/data/80424/000119312523024268/d293337d8k.htm).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The description of the Registrant's Common Stock contained in [Exhibit (4-3)](https://www.sec.gov/Archives/edgar/data/80424/000008042419000050/fy181910-kexhibit4x3.htm) of the Registrant's Annual Report on Form 10-K for the year ended June 30, 2019, filed with the SEC on August 6, 2019, together with any amendments or reports filed with the SEC for the purpose of updating such description.

All reports and other documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this Registration Statement (other than any such documents or portions thereof that are furnished under Item 2.02 or Item 7.01 of a Current Report on Form 8-K, and corresponding information furnished under Item 9.01 as an exhibit thereto, unless otherwise indicated therein, including any exhibits included with such Items) but prior to the filing of a post-effective amendment, which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold shall be incorporated by reference herein and shall be deemed to be a part hereof from the dates of filing of such reports and documents.

Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of the Registration Statement to the extent that a statement contained herein or in any document subsequently filed with the Commission which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of the Registration Statement or any Prospectus hereunder.

**Item 4.** **DESCRIPTION OF SECURITIES**

&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

**Item 5.** **INTERESTS OF NAMED EXPERTS AND COUNSEL**

The legality of the shares of Common Stock offered hereby is being passed upon for the Registrant by Jennifer Henkel, Counsel, The Procter & Gamble Company, One Procter & Gamble Plaza, Cincinnati, Ohio, 45202. Ms. Henkel is the beneficial owner of shares of Common Stock of the Registrant.

**Item 6.** **INDEMNIFICATION OF DIRECTORS AND OFFICERS**

Set forth below is a description of certain provisions of the Ohio Revised Code ("ORC") and the Company's Regulations, as such provisions relate to the indemnification of the directors and officers of the registrant. This description is intended only as a summary and is qualified in its entirety by reference to the ORC and the Company's Regulations.

Section 1701 of the ORC provides that a corporation must indemnify its directors, officers, employees, and agents against expenses reasonably incurred in connection with a successful defense (on the merits or otherwise) of any action, suit, or proceeding.

A corporation may indemnify its directors, officers, employees, and agents against expenses, including attorneys' fees, judgments, fines and amounts paid in settlement, in connection with actions, suits, or proceedings (except for derivative actions by or in the right of the corporation), whether civil, criminal, administrative, or investigative. The corporation may indemnify such persons if the individual has acted in good faith and in a manner that the individual believed to be in the best interests of the corporation and, with respect to a criminal action, had no reasonable cause to believe their conduct was unlawful. The determination as to whether this standard of conduct has been met must be made by the court, a majority of the disinterested directors, by independent legal counsel, or by the shareholders.

A similar standard applies in the case of derivative actions, except that indemnification may only extend to expenses, including attorney's fees, incurred in connection with the defense or settlement of such action. If the person seeking indemnification has been found liable to the corporation in such an action, the court must approve the indemnification.

As permitted by the ORC, Article V of the Company's Regulations require the Company to indemnify, to the fullest extent permitted by law, any person who was or is a party or is threatened to be made a party to any threatened, pending, or completed claim, action, suit, or proceeding, whether civil, criminal, administrative, or investigative, by reason of the fact that he or she (a) is or was a Director, officer or employee of the Company or its subsidiaries, (b) is or was serving at the request of the Company or its subsidiaries as a director, trustee, officer, partner, managing member or position of similar capacity, or employee of a Company subsidiary or another corporation, limited liability company, partnership, joint venture, trust, employee benefit plan, or other enterprise (whether domestic or foreign, nonprofit or for profit), or (c) is or was providing to third party organizations volunteer services that were duly authorized in accordance with the Company's process for approval of such activities, against all liabilities and expenses actually and reasonably incurred by or imposed on him or her in connection with, or arising out of, any such claim, action, suit or proceeding. This indemnity will be provided unless the person (a) failed to act in good faith, in a manner he or she reasonably believed to be in, or not opposed to, the best interests of the Company and its subsidiaries, (b) acted or failed to act, in either case, with deliberate intent to cause injury to the Company and its subsidiaries or with reckless disregard for the best interests of the Company or its subsidiaries, or (c) knowingly engaged in criminal activity.

The Company's Directors, officers and certain other key employees of the Company are insured by directors and officers liability insurance policies. The Company pays the premiums for this insurance.

**Item 7.** **EXEMPTION FROM REGISTRATION CLAIMED**

Not Applicable<br>

**Item 8.** **EXHIBITS**

<u>EXHIBIT NO</u>. <u>DESCRIPTION</u>

---

| | |
|:---|:---|
| [4-1](https://www.sec.gov/Archives/edgar/data/80424/000008042416000212/fy151610-kexhibit3x1.htm) | [Amended Articles of Incorporation (as amended by shareholders at the annual meeting on October 11, 2011 and consolidated by the Board of Directors on April 8, 2016) (Incorporated by reference to Exhibit (3-1) of the Company's Form 10-K for the year ended June 30, 2016)](https://www.sec.gov/Archives/edgar/data/80424/000008042416000212/fy151610-kexhibit3x1.htm) |

---

---

| | |
|:---|:---|
| [4-2](https://www.sec.gov/Archives/edgar/data/80424/000008042422000109/pgregulations.htm) | [Regulations (as approved by the Board of Directors on December 13, 2022, pursuant to authority granted by shareholders at the annual meeting on October 13, 2009) (Incorporated by reference to Exhibit (3-2) of the Company's Current Report on Form 8-K filed December 13, 2022)](https://www.sec.gov/Archives/edgar/data/80424/000008042422000109/pgregulations.htm) |

---

[5\*](opinionofcounsel.htm) [Opinion of Counsel](opinionofcounsel.htm)

[23-1\*](consentofindregpubacctfirm.htm) [Consent of Deloitte & Touche LLP](consentofindregpubacctfirm.htm)

[23-2\*](consentofpubacctfirmfrance.htm) [Consent of Deloitte & Associés](consentofpubacctfirmfrance.htm)

[23-3\*](opinionofcounsel.htm) [Consent of Jennifer Henkel is contained in her opinion filed as Exhibit 5](opinionofcounsel.htm)

[24\*](powerofattorney.htm) [Power of Attorney](powerofattorney.htm)

[99\*](gpsiecpsummary.htm) [English Summary of Group Profit Sharing, Incentive and Employer Contribution Plan (France)](gpsiecpsummary.htm)

[107\*](filingfeestable.htm) [Filing Fee Table](filingfeestable.htm)

\*Filed herewith

**Item 9. UNDERTAKINGS**

(a) The undersigned registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to section 13(a) or section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

#### SIGNATURES

THE REGISTRANT. Pursuant to the requirements of the Securities Act, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Cincinnati, State of Ohio, on February 28, 2023.

THE PROCTER & GAMBLE COMPANY

By: <u>/s/ Jon R. Moeller</u> 

<br> Jon R. Moeller

Chairman of the Board, President and Chief Executive Officer

---

| | |
|:---|:---|
|  **<u>Signature</u>**  |  **<u>Title</u>**  |
| \*<br>|  |
| Jon R. Moeller<br>| Chairman of the Board, President and Chief Executive Officer (Principal Executive Officer) |
| \* |  |
| Andre Schulten<br>| Chief Financial Officer (Principal Financial Officer) |
| \* |  |
| Matthew W. Janzaruk<br>| Senior Vice President - Chief Accounting Officer (Principal Accounting Officer)<br>|
| \* |  |
| B. Marc Allen<br>| Director |
| \* |  |
| Angela F. Braly<br>| Director |
| \* |  |
| Amy L. Chang<br>| Director |
| \* |  |
| Joseph Jimenez<br>| Director |
| \* |  |
| Christopher Kempczinski<br>| Director |
| \* |  |
| Debra L. Lee<br>| Director |
| \* |  |
| Terry J. Lundgren<br>| Director |
| \* |  |
| Christine M. McCarthy<br>| Director |
| \* |  |
| Rajesh Subramaniam<br>| Director |
| \* |  |
| Patricia A. Woertz<br>| Director |

---

By: <u>___/s/ Susan Street Whaley______________________________________</u>

&nbsp;&nbsp;&nbsp;&nbsp; \* Susan Street Whaley, as Attorney-in-Fact

THE PLAN. Pursuant to the requirements of the Securities Act of 1933, the trustees (or other persons who administer the employee benefit plan) have duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, on February 28, 2023.

GROUP PROFIT SHARING, INCENTIVE AND EMPLOYER CONTRIBUTION PLAN (FRANCE)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Beatrice Dupuy&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

<br> Beatrice Dupuy

President

Procter & Gamble Holding France S.A.S.

THE PLAN – U.S. REPRESENTATIVE. Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the authorized representative of the Group Profit Sharing, Incentive and Employer Contribution Plan (France), thereunto duly authorized, in the City of Cincinnati, State of Ohio, on February 28, 2023.

GROUP PROFIT SHARING, INCENTIVE AND EMPLOYER CONTRIBUTION PLAN (FRANCE)

<u>&nbsp;&nbsp;&nbsp;&nbsp; /s/ Susan Street Whaley&nbsp;&nbsp;&nbsp;&nbsp;</u> <br>

Susan Street Whaley

Secretary and Chief Legal Officer

## Ex-5

#### Exhibit 5

OPINION OF JENNIFER HENKEL

The Procter & Gamble Company

Legal Division

1 Procter & Gamble Plaza, Cincinnati, Ohio 45202-3315

February 28, 2023

The Procter & Gamble Company

One Procter & Gamble Plaza

Cincinnati, Ohio 45202

Gentlemen/Mesdames:

This opinion is rendered for use in connection with the Registration Statement on Form S-8, registering 600,000 shares of the Company's Common Stock, without par value (the "Shares"), to be offered as set forth in the Registration Statement for the Group Profit Sharing, Incentive and Employer Contribution Plan (France) (the "Registered Plan").

As Counsel for the Company, I have examined and I am familiar with originals or copies, certified or otherwise, identified to my satisfaction, of such statutes, documents, corporate records, certificates of public officials and other instruments as I have deemed necessary for the purpose of this opinion including the Amended Articles of Incorporation, Regulations and By-Laws of the Company, the Registered Plan, the records of proceedings of the shareholders and directors of the Company and such other instruments which I consider pertinent.

Upon the basis of the foregoing, I am of the opinion that when issued, delivered, and paid for in accordance with this Registration Statement and Registered Plan and after the filing of this Registration Statement with the Securities and Exchange Commission, the Shares will be validly and legally issued and will be fully paid and non-assessable.

I am a member of the Bar of the State of Ohio. I express no opinion as to the laws of any jurisdiction other than the laws of the State of Ohio.

I hereby consent to the filing of this opinion as Exhibit (5) to the Registration Statement and to the reference to my name in the Registration Statement, without admitting that I am an "expert" within the meaning of the Securities Act or the rules and regulations of the Commission issued thereunder with respect to any part of the Registration Statement, including this exhibit.

The opinion set forth herein is expressed solely for the benefit of the addressee hereof and may not be relied upon by any other person or entity without my prior written consent.

Very truly yours,

&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Jennifer Henkel</u> <br>

Jennifer Henkel

## Exhibit 23.1

#### Exhibit 23-1

INDEPENDENT AUDITORS' CONSENT

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in this Registration Statement on Form S-8 of our reports dated August 5, 2022, relating to the consolidated financial statements of The Procter & Gamble Company and the effectiveness of The Procter & Gamble Company's internal control over financial reporting, appearing in the Annual Report on Form 10-K of The Procter & Gamble Company for the year ended June 30, 2022.

*/s/ Deloitte & Touche LLP*

Cincinnati, Ohio

February 28, 2023

## Exhibit 23.2

#### Exhibit 23-2

#### <br>
INDEPENDENT AUDITORS' CONSENT

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated September 22, 2022, appearing in the Annual Report on Form 11-K of the Procter & Gamble Holding France S.A.S. Group Profit Sharing, Incentive and Employer Contribution Plan (France) for the year ended June 30, 2022.

*/s/ Deloitte & Associés*

Paris-La Défense, France

February 28, 2023

## Ex-24

#### Exhibit 24

#### THE PROCTER & GAMBLE COMPANY

#### REGISTRATION STATEMENT ON FORM S-8

#### POWER OF ATTORNEY
Each undersigned officer and/or director of The Procter & Gamble Company, an Ohio corporation (the "Registrant"), does hereby make, constitute and appoint Andre Schulten, Chief Financial Officer of the Registrant, Susan Street Whaley, Chief Legal Officer and Secretary of the Registrant, and any other person holding the position of Chief Financial Officer, Chief Legal Officer, or Secretary of the Registrant from time to time, and each of them, as attorney-in-fact and agents of the undersigned, each with full power of substitution and resubstitution, with the full power to execute and file:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Registration Statement on Form S-8 (the "Form S-8 Registration Statement") with respect to the registration under the Securities Act of 1933, as amended, of Common Shares of the Registrant issuable in connection with the Group Profit Sharing, Incentive and Employer Contribution Plan (France) (the "Plan"), as may be revised in accordance with the Company resolution entitled "Authorize Filing of S-8 Registration Statement for the Group Profit Sharing, Incentive and Employer Contribution Plan (France)" along with an indeterminate amount of interests to be offered or sold pursuant to the Plan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any and all amendments, including post-effective amendments, and exhibits to the Form S-8 Registration Statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) any and all applications or other documents to be filed with the Securities and Exchange Commission or any state securities commission or other regulatory authority with respect to the securities covered by the Form S-8 Registration Statement, with full power and authority to do and perform any and all acts and things whatsoever necessary, appropriate or desirable to be done in the premises, or in the name, place and stead of the said director and/or officer, hereby ratifying and approving the acts of said attorney.

IN WITNESS WHEREOF, the undersigned have subscribed to the above as of February 14, 2023.

---

| | |
|:---|:---|
|  **<u>Signature</u>**  |  **<u>Title</u>**  |
| /s/ Jon R. Moeller<br>|  |
| Jon R. Moeller<br>| Chairman of the Board, President and Chief Executive Officer (Principal Executive Officer) |
| /s/ Andre Schulten<br>|  |
| Andre Schulten<br>| Chief Financial Officer (Principal Financial Officer) |
| /s/ Matthew W. Janzaruk<br>|  |
| Matthew W. Janzaruk<br>| Senior Vice President - Chief Accounting Officer (Principal Accounting Officer)<br>|
| /s/ B. Marc Allen<br>|  |
| B. Marc Allen<br>| Director |
| /s/ Angela F. Braly<br>|  |
| Angela F. Braly<br>| Director |
| /s/ Amy L. Chang<br>|  |
| Amy L. Chang<br>| Director |
| /s/ Joseph Jimenez<br>|  |
| Joseph Jimenez<br>| Director |
| /s/ Christopher Kempczinski<br>|  |
| Christopher Kempczinski<br>| Director |
| /s/ Debra L. Lee<br>|  |
| Debra L. Lee<br>| Director |
| /s/ Terry J. Lundgren<br>|  |
| Terry J. Lundgren<br>| Director |
| /s/ Christine M. McCarthy<br>|  |
| Christine M. McCarthy<br>| Director |
| /s/ Rajesh Subramaniam<br>|  |
| Rajesh Subramaniam<br>| Director |
| /s/ Patricia A. Woertz<br>|  |
| Patricia A. Woertz<br>| Director |

---

## Ex-99

#### Exhibit 99

SUMMARY OF THE GROUP PROFIT SHARING, INCENTIVE AND EMPLOYER CONTRIBUTION PLAN (FRANCE)

The following is an English summary of the Procter & Gamble Holding France S.A.S.'s Group Profit Sharing, Incentive and Employer Contribution Plan (France) (the "Plan"). The full text of the Plan in French follows this summary.<br>

**General** — The Plan is an employee savings plan established on December 17, 1990 by agreement between Procter & Gamble S.A. (Procter & Gamble S.A. changed its name to Procter & Gamble Services France and then to Procter & Gamble Services Neuilly before its current name Procter & Gamble Holding France S.A.S.) together with its directly wholly-owned subsidiaries (with the exception of P&G Health France that is not part of this agreement), and those subsidiaries' respective Work councils, in order to provide a means for eligible employees to save and invest their income, group profit sharing, and incentive remuneration. The most recent Plan agreement took effect on January 1, 2015, and was signed by Procter & Gamble Holding France S.A.S., Procter & Gamble France S.A.S., Procter & Gamble Pharmaceuticals France S.A.S., Procter & Gamble Amiens S.A.S., Procter & Gamble Blois S.A.S (together, "P&G France") and their related Work councils. An amendment to the Plan to increase the Employer's matching contribution was implemented as of FY 18/19, signed by the same parties. On July 1, 2021, Procter & Gamble Pharmaceuticals France has been legally merged with P&G Health France SAS with a retroactive effect on July 1, 2020 from a Tax and Local statutory accounting standpoint. As a result, Procter & Gamble Pharmaceuticals France has left the Plan agreement as of July 1, 2020.

In addition to the Plan, a collective Pension Savings plan ("PERCO") was established for Procter & Gamble Holding France S.A.S and the following subsidiaries: Procter & Gamble France S.A.S., Procter & Gamble Pharmaceuticals France S.A.S, Procter & Gamble Blois S.A.S, and Procter & Gamble Seine S.A.S (which was merged with Procter & Gamble Holding France in February 2018). Procter & Gamble Pharmaceuticals has left the PERCO plan in July 2020 as a result of the merger with P&G Health France SAS. The PERCO is in place since January 1, 2013, for the aforementioned entities and was established in June 2016 for Procter & Gamble Amiens S.A.S.

Procter & Gamble Holding France S.A.S. is indirectly a wholly-owned subsidiary of The Procter & Gamble Company (the "Parent"). The Plan and the PERCO are subject to the laws and regulations of France. The assets of the Plan and of the PERCO are invested in five "Fonds Commun de Placement d'Entreprise" ("FCPE") which are registered investment funds reserved to employees of P&G France subject to the laws and regulations of France.

**Administration** — Administration of the Plan and of the PERCO are executed by Procter & Gamble Holding France S.A.S. with the support of Natixis Investments Managers International (previously Natixis Asset Management), the fund manager and custodian of the funds units ("Natixis"). The five FCPE are under the supervision of the Conseil de Surveillance ("Monitoring Committee") which is composed of both employee and employer representatives of P&G France. The fees of the Plan are born by P&G Holding France with respect to active employees and retirees for up to five years, and by the retiree after five years.

**Participants Accounts and Investments Options** — An account is maintained for each employee and reflects employee and employer contributions as well as employee withdrawals. Natixis sends annual account statements to participants. There is no provision for the allocation of income since the FCPEs do not pay dividends. Participants are permitted to invest into any of the five FCPEs; however, employee contributions generating a P&G matching contribution can only be invested in FCPE Groupe Procter & Gamble (Option D). Amounts may be transferred from one FCPE to another FCPE for both blocked and available funds with the exception of FCPE Groupe Procter & Gamble (Option D) out of which only unblocked funds may be transferred.

Participants may allocate their account balances to one or all of the following investment options offered by the Plan:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• FCPE Groupe Procter & Gamble (Option D) – The prospectus indicates that this fund is invested at least at 90% in The Procter & Gamble Company common stock and with a maximum of 10% invested in US/Euro zone monetary products.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 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.

For the PERCO, investments in Option D are not possible. The other Options are accessible at the discretion of the employee.

**Contribution and Vesting** — Employees are eligible to the Plan three months after their start date with P&G France. Contributions are made by Plan participants as well as by P&G France as follows:

<u>Employee Contributions</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Voluntary, periodic contributions – These are usually contributed on a monthly basis. They are eligible for matching contributions from P&G France. These contributions are automatically invested in Option D.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Voluntary, complementary contributions – Employees and retirees who invested in the plan during their employment may make complementary contributions whenever they wish, although these amounts receive no matching contributions. These contributions are invested at the discretion of the employee in one of the five FCPEs. These contributions may not exceed 25% of the gross annual remuneration of the employee or the gross annual pensions of retirees or pre-retirees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Employee contributions are limited to no more than € 275 per month.

<u>Employer Contributions:</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Employer matching contributions – P&G France makes a matching contribution of 100 percent (for the first € 40 an employee contributes each month) and 50 percent (for any contributions the employee makes over € 40 for the month, subject to the monthly maximum employee contribution amount), based on employees' voluntary periodic contributions, with a maximum threshold of € 157.50. These matching contributions are automatically invested in Option D.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Profit Sharing – P&G France calculates and distributes profit sharing contributions according to French law ("Participation") as well as a supplementary profit-sharing agreement ("Interessement"). These amounts are invested at the discretion of the employee in one of the five FCPEs. If no investment direction is given by the employee, amounts are automatically invested either as per the last investment choice or, by default, in Option B (with a 50/50 split between PEE and PERCO for "Participation", and 100% to PEE for "Interessement").

All contributions are immediately 100 percent vested.

Contributions to the PERCO can be made by the employees through i) voluntary periodic contributions, ii) investment of the profit-sharing contribution and iii) investment of remaining vacation days (up to 10 per fiscal year) for which P&G France will contribute under certain age conditions.

**Withdrawals** — All contributions to the Plan are "blocked" for a period of five years beginning on November 1st of the calendar year in which the contribution was made. After this period, amounts are available for withdrawal without restriction. Under certain circumstances, as defined by law, a participant may withdraw "blocked" contributions. Requests must be submitted within six months of the circumstance occurring that allows for such early withdrawals. All amounts become immediately available for withdrawal upon the termination of employment.

<br> **Plan Termination** – The Plan agreement was renewed by written agreement between P&G France and their related Work councils in December 2014 with effective date January 1, 2015, for an indefinite period.

In the event of Plan termination, the FCPE's will either remain active or will be merged with other FCPEs. Plan participants will have the option to withdraw "unblocked" amounts or to remain invested. Future employee and employer contributions to the Plan would then be suspended. If a P&G subsidiary ceases to be a member of the group, that company will automatically cease to be a party to this agreement. <br>

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## Ex-Filing

#### Exhibit 107 <br>

**#### Calculation of Filing Fee Tables

#### Form S-8
(Form Type)

#### The Procter & Gamble Company
(Exact Name of Registrant as Specified in its Charter)

#### Table 1—Newly Registered Securities

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Security <br> Type  | Security Class Title | Fee<br> Calculation<br> Rule | Amount<br> Registered(1) | Proposed<br> Maximum<br> Offering Price<br> Per Unit | Maximum<br> Aggregate Offering<br> Price | Fee Rate | Amount of<br> Registration Fee |
| Equity  | Common Stock, without par value | Rule 457(h)<br>| 600000 | $138.76(2) | $83256000(2) | $110.20<br> per<br> $1,000,000 | $9174.81 |
| Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts |  | $83256000 |  | $9174.81 |
| Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets |  |  |  | $0.00 |
| Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due |  |  |  | $9174.81 |

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(1) Pursuant to Rule 416 of the Securities Act of 1933 (the "Securities Act"), this registration statement also covers additional shares of Common Stock as may be issued to prevent dilution from stock splits, stock dividends, and similar transactions. Pursuant to Rule 416(c) of the Securities Act, this registration statement also covers an indeterminate amount of interests to be offered or sold pursuant to the employee benefit plan described herein.

(2) Estimated solely for the purpose of calculating the registration fee pursuant to paragraphs (c) and (h) of Rule 457 of the Securities Act on the basis of the average of the high and low prices of the Common Stock on the New York Stock Exchange on February 24, 2023, within five business days prior to filing.**

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