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        <ExplanationTxt>THE PROCTER &amp; GAMBLE COMPANY'S BOARD OF DIRECTORS DELEGATED AUTHORITY TO THE TREASURER OF THE PROCTER &amp; GAMBLE COMPANY REGARDING OVERSIGHT OF THE TRUST, WHO IN TURN HAS APPOINTED THE NORTHERN TRUST COMPANY AS THE DIRECTED TRUSTEE FOR THE TRUST, AND DELEGATED AUTHORITY TO THE PROCTER &amp; GAMBLE INVESTMENT COMMITTEE TO BE THE FIDUCIARY RESPONSIBLE FOR THE PLAN ASSETS IN THE TRUST AND THE AUTHORITY TO DIRECT THE TRUSTEE. THE INVESTMENT COMMITTEE HAS DELEGATED AUTHORITY TO THE MY P&amp;G SERVICES, FINANCE &amp; ACCOUNTING ORGANIZATION WITHIN THE PROCTER &amp; GAMBLE U.S. BUSINESS SERVICES COMPANY TO MANAGE THE DAY-TO-DAY RESPONSIBILITIES WITH RESPECT TO ADMINISTRATION OF THE TRUST THAT ARE NOT HANDLED BY THE TRUSTEE. THE TREASURER APPOINTED THE NORTHERN TRUST COMPANY AS THE TRUSTEE DURING THE 2020 TAX YEAR. PRIOR TO THIS APPOINTMENT, STATE STREET BANK AND TRUST COMPANY WAS THE DIRECTED TRUSTEE FOR THE TRUST.</ExplanationTxt>
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        <ExplanationTxt>THE PROCTER &amp; GAMBLE COMPANY'S BOARD OF DIRECTORS DELEGATED AUTHORITY TO THE TREASURER OF THE PROCTER &amp; GAMBLE COMPANY REGARDING OVERSIGHT OF THE TRUST, WHO IN TURN HAS APPOINTED THE NORTHERN TRUST COMPANY AS THE DIRECTED TRUSTEE FOR THE TRUST, AND DELEGATED AUTHORITY TO THE PROCTER &amp; GAMBLE INVESTMENT COMMITTEE TO BE THE FIDUCIARY RESPONSIBLE FOR THE PLAN ASSETS IN THE TRUST AND THE AUTHORITY TO DIRECT THE TRUSTEE. THE TREASURER APPOINTED THE NORTHERN TRUST COMPANY AS THE TRUSTEE DURING THE TAX YEAR. PRIOR TO THIS APPOINTMENT, STATE STREET BANK AND TRUST COMPANY WAS THE DIRECTED TRUSTEE FOR THE TRUST.</ExplanationTxt>
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        <ExplanationTxt>UPON COMPLETION OF THE FORM 990, THE MY P&amp;G SERVICES, FINANCE &amp; ACCOUNTING ORGANIZATION WILL REVIEW THE FORM 990 AND THEN PRESENT IT TO THE INVESTMENT COMMITTEE FOR REVIEW, APPROVAL, AND SIGNATURE BEFORE FILING.</ExplanationTxt>
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        <ExplanationTxt>THE TRUST DOES NOT HAVE ITS OWN CONFLICT OF INTEREST POLICY OR ITS OWN FINANCIAL STATEMENTS. THE GOVERNING DOCUMENT IS THE TRUST AGREEMENT WITH THE NORTHERN TRUST COMPANY, WHICH IS NOT AVAILABLE TO THE PUBLIC.</ExplanationTxt>
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          <ZIPCd>45202</ZIPCd>
        </USAddress>
        <EIN>311018491</EIN>
        <PrimaryActivitiesTxt>PROVIDE WELFARE BENEFITS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>OH</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501(C)(9)</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>N/A</PublicCharityStatusTxt>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <ControlledOrganizationInd>0</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <IdRelatedOrgTxblCorpTrGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>PROCTER &amp; GAMBLE COMPANY</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>2 PG PLAZA</AddressLine1Txt>
          <CityNm>CINCINNATI</CityNm>
          <StateAbbreviationCd>OH</StateAbbreviationCd>
          <ZIPCd>45202</ZIPCd>
        </USAddress>
        <EIN>310411980</EIN>
        <PrimaryActivitiesTxt>CONSUMER PRODUCTS MANUFACTURING &amp; DISTRIBUTION</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>OH</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <EntityTypeTxt>C</EntityTypeTxt>
        <ControlledOrganizationInd>0</ControlledOrganizationInd>
      </IdRelatedOrgTxblCorpTrGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>0</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>0</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>0</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>0</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>0</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>0</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>0</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>0</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>0</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>0</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>0</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>0</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>0</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>0</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>0</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>0</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>0</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>0</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>0</TransferFromOtherOrgInd>
    </IRS990ScheduleR>
  </ReturnData>
</Return>