Who is Nestlés ADR depositary bank?
Citibank, N.A. (“Citibank”) is the depositary bank for Nestlé ADRs. Nestlé ADRs are backed by registered shares held under custody in Switzerland in Citibank’s name on behalf of Nestlé ADR holders. Citibank as depositary bank performs the roles of registrar, transfer agent, record keeper and dividend paying agent. Citibank also coordinates the proxy voting process.