Exhibit 7.1

Calculation of Ratio of Earnings to Fixed Charges (times)

The ratio of earnings to fixed charges is determined using the following applicable factors:

Earnings consist of a) net profit from continuing operations excluding net profit or loss of joint ventures and associates increased by fixed charges b) income taxes and dividends received from joint ventures and associates.

Fixed charges consist of a) interest payable on debt and b) a portion of lease costs determined to be representative of interest.

This ratio takes no account of interest receivable although Unilever’s treasury operations involve both borrowing and depositing funds.

Earnings to Fixed Charges	€ million 2017			€ million 2016			€ million 2015			€ million 2014			€ million 2013
Earnings
Net profit		6,486			5,547			5,259			5,515			5,263
Add: Taxation		1,667			1,922			1,961			2,131			1,851
(Less)/Add: Share of net profit/(loss) of joint ventures and associates		(155	)		(127	)		(107	)		(98	)		(113	)
Add: Dividend income receivable from joint ventures and associates		144			144			124			131			110
Add: Fixed charges		742			761			694			678			663
	8,884			8,247			7,931			8,357			7,774
Fixed charges
Finance costs		556			584			516			500			500
Add: One-third of lease costs		186			177			178			178			163
	742			761			694			678			663
Ratio of earnings to fixed charges (times)		12.0			10.8			11.4			12.3			11.7