#1Investor presentation Creating for happier, healthier lives with love for nature. Let's imagine together. Givaudan C engage your senses#2What we do#3Givaudan products Drive millions of consumer decisions every day! ANN TAYLOR FOR EVERYONE SoftMoc www.mc.com Massimo Dutti Ma Dutt ULDE ALE TKS OLDE 三价中 NOT-50%#4Fragrance & Beauty, Taste & Wellbeing, provide our customers Compounds, ingredients and integrated solutions that engage consumers Givaudan H H Beverages Savoury Oral care Personal care Fine Fragrances Snacks Dairy Sweet goods Investor presentation January 2021 Household Beauty & skin care updated 23.04.2021 4#5How we do it#6A unique business model driven by our purpose Creating for happier, healthier lives with love for nature. • • Winning business assumes: being on a core supplier list, submitting a brief, developing a solution and being selected by the customer • Our products are unique co-creations with our customers: • • Consumer-differentiating, bespoke, value-added Fragrance and Beauty, Taste and Wellbeing solutions driven by innovation · Agility and service are key • Scent and taste determine consumer purchase and repeat decisions whilst representing only a minor fraction of costs 0.5-2.0% in flavours and consumer fragrances to 4-6% in fine fragrances, i.e. a very minor portion of the end product costs High barriers to entry and high shifting costs for customers Givaudan Investor presentation 2021 updated May 2021 6#7A unique business model with high barriers to entry Mastering complexity is a key feature of our space • • A research-driven innovation process and a deep understanding of consumer preferences around the world • Sustainability goals creating significant innovation opportunities (e.g. move from non- renewable to renewable, etc.) IP / formulae owned by Givaudan • Mastering high complexity and volatility at every step: • • • >11,400 raw materials and a sophisticated supply chain with over 2,500 raw material suppliers >122,600 products made to order, delivered just in time to >10,000 customers • >>310,000 customer submissions / product briefs managed annually, and ca. 15% of our portfolio up for review due to the life cycle of products Compliance and regulations Givaudan Investor presentation 2021 updated May 2021 7#8All figures as of 31.12.2020 Givaudan: A naturally-hedged portfolio (products, geography, customers) for consistent growth 6.3 sales in CHF billion 58% of sales in mature markets 42% of sales in high growth markets 15,852 full time employees 181 locations Savoury 38% Beverages 32% Sweet goods 17% Dairy 13% Taste & Wellbeing 54% of Group sales Consumer Products 70% Fine Fragrances 16% Fragrance Ingredients and Active Beauty 14% Fragrance & Beauty 46% of Group sales Our customers 50% multi-national | 50% local and regional Sales in North America > 28% of sales Sales in Europe, Africa and Middle East 36% of sales Production sites 12 Employees 2,879 Production sites 32 Employees 7,205 77 production sites Givaudan Investor presentation 2021 > Sales in Latin America 11% of sales Production sites 11 Employees 2,142 > Sales in Asia Pacific 25% of sales Production sites 22 Employees 3,625 updated May 2021 00 8#9Operating in a significant addressable market Givaudan's expanded market space worth CHF 42bn Givaudan market share as of 2020 Market potential as of 2020 הי + 0000 00000 Flavour & Taste 13.1 bn CHF Market Potential as of 2020 Functional & Nutrition 14.1 bn CHF Market Potential as of 2020 (Givaudan scope of activities) Source: Based on Givaudan internal estimates Givaudan Investor presentation 2021 + Fragrance & Beauty 14.8 bn CHF Market Potential as of 2020 updated May 2021 9#10A research-driven innovation process Supported by unrivalled capabilities & innovation > › 69 Creation and application Centres -0000- over 122,600 CHF 536 mln Products sold per year R&D spend in 2020 over 500 Employees in Science & Technology > over 3,600 Active patents Innovation initiatives and priorities ༤ Supplier enabled innovation partnerships with bioscience companies Delivering differentiating technologies and solutions in Flavours, nutritional and functional ingredients (clean label delivery systems, health and wellbeing solutions etc.) Enabling novel consumer experiences in Fragrances: naturals, new sensory experiences, sustainable new molecules and precursors etc. Givaudan Investor presentation 2021 updated May 2021 10#11Business processes enabled by digital tools. Selected digital initiatives. Carto AI enabled - creative design A product creation experience: - - - Playful and multi-sensorial human/machine interaction Smart suggestions powered by AI Collaboration-oriented environment enabling customer co-creation Consumer and customer foresight Discover new consumer behaviours through advanced analysis of social media and other external data Capturing insights and converting them into business foresights Robotic process automation Create a virtual workforce to take over repetitive tasks, creating bandwidth for more value added activities E.g. supply chain, HR, compliance forms, etc. Factory 2.0 Identify how technology can improve the manufacturing environment: - - - Automation (robots, processes) Safety (training, monitoring) Decision making (forecasting, predictive maintenance) Sustainability (greener processes) Traceability Guarantee traceability of products and their constituents, from source to consumer Leverage technology to enable source-to-consumer traceability of raw materials Track biodiversity impact, carbon footprint, water waste thanks to this traceability Givaudan Investor presentation 2021 updated May 2021 11#12Givaudan Value creation through acquisitions Expanding our portfolio Naturals Spicetec Activ International Vika Centroflora Nutra Naturex Albert Vieille Golden Frog Ungerer Indena Active Beauty Soliance Induchem Ө Aligned with market trends and our strategic priorities Naturex AMSilk Indena Alderys Ingredients Ungerer Albert Vieille Investor presentation 2021 30 Local and regional customers Naturex Expressions Parfumées drom Fragrance Oils Ungerer Integrated Solutions Spicetec Vika Activ International updated May 2021 12#13Looking forward Future value creation through our 2025 strategy#14Givaudan's purpose Driving sustainable performance, and acting as a force for good Creations Let's imagine together with customers that through our creations more people will enjoy happier, healthier lives Givaudan Nature Let's imagine together that we show our love for nature in everything we do 1000 FINDER EQUALITY Creating for happier, healthier lives with love for nature. Let's imagine together Working to become a Certified B) Corporation iti PARTNERSHIPS 12 13 Q Investor presentation 2021 Communities Let's imagine together that all communities benefit by working with Givaudan People Let's imagine together that Givaudan is a place where we all love to be and grow updated May 2021 14#15Megatrends Impacting 2025 strategy Consumer base is growing Living longer and more consciously Trend > Impact > • Asia and Africa leading the way Givaudan • Sustainability is of high concern COVID-19: E-commerce, self-care and localisation gain importance Consumer behaviours are changing • Consumers will buy more consciously Responsible companies will act • Consumers will buy more online and increase spending on self-care Localisation will be even more important Investor presentation 2021 updated May 2021 15#162025 Strategy Committed to Growth, with Purpose Creations We create inspiring solutions for happier, healthier lives. + FOCUSSED EXPAND THE PORTFOLIO GROWING TOGETHER WITH OUR CUSTOMERS People We nurture a place where we all love to be and grow ARKET STRATEGIES EXTEND CUSTO REACH Excellence, Innovation & Simplicity - in everything we do 4-5% GROWTH Givaudan PURPOSE LINKED TARGETS >12% FCF Nature We show our love for nature through impactful actions Communities We bring benefits to all communities that work with us#17Taste & Wellbeing: best in class product offering Leveraging the full portfolio to reach our growth ambitions 0% Flavour and taste Naturals Protein Flavour and taste Strengthen our core Health, wellbeing and nutrition Build market leadership Natural functional ingredients Colouring Preservatives Texturants Natural nutritional ingredients Microbiome Botanicals Integrated solutions Givaudan Investor presentation 2021 Naturals space HW&N space updated May 2021 17#18Taste & Wellbeing: best in class product offering Flavour and taste Givaudan Protein enablers Health and wellbeing (salt, sugar, fat) Naturals (incl. biotechnology) 80000 Integrated solutions Investor presentation 2021 00000 Functional ingredients Nutritional ingredients updated May 2021 18#19Fragrance & Beauty: growing with all customers across all categories Estimated retail value (bn CHF)* * Source Euromonitor Givaudan Fabric & home care Deos, bath, shower, hair & oral care Fragrances Skin care Make-up 160 200 50 140 70 Investor presentation 2021 updated May 2021 19#20Fragrance & Beauty: new and superior product offering Givaudan Biotechnology Leverage our capabilities and acquisitions for our ingredients 100 Delivery systems Provide the next generation of bio-caps Investor presentation 2021 Beauty Further expand our offering in Active Beauty Naturals Provide our customers with the most innovative and qualitative ingredients updated May 2021 20#212025 Strategy Performance commitments Sales growth 4.0 – 5.0% - 2021 2025 Average Like for Like¹ Sales Growth Free cash flow >12% of Sales - 2025 2021 Average FCF2 as % of sales Purpose commitments Purpose linked targets 2021-2025 Progress towards all published purpose targets 1. Like-for-like (LFL) is defined as: (a) sales calculated using the invoicing exchange rates of the prior year, (b) excluding sales of businesses acquired from the acquisition date until the period end date, up to 12 months from the acquisition date, and (c) excluding sales of the businesses disposed of from the disposal date until the period end date of the comparable prior period 2. Free Cash Flow (FCF) refers to operating cash flow after net investments, interest paid and lease payments Givaudan Investor presentation 2021 updated May 2021 21 21#222025 Strategy Performance commitment - Purpose linked targets Creations By 2030 • We will double our business through creations that contribute to happier, healthier lives¹ Givaudan Nature Before 2030 • Our operations' carbon emissions will be cut by 70% and our supply chain emissions by 20%3 We will replace single-use plastics with eco-friendly alternatives across our sites and operations² Before 2040 Our operations' will be climate positive and our supply chain emissions will be cut by 50%³ Before 2050 Our supply chain will be climate positive People Before 2025 • • Everyone on our sites will have access to mental and physical health initiatives, tools and training² We will reduce our total recordable injuries cases by 50%¹ We will be rated among the leading employers for inclusion globally² Before 2030 • 50% of our senior leaders will be from high growth markets¹ 50% of our senior leadership will be women¹ Communities By 2030 • • We will source all materials and services in a way that protects people and the environment² We will improve the lives of millions of people in communities where we source and operate² Investor presentation 2021 1. Baseline 2018 Mass of setting 3. Baseline 2015 22 22#23Purpose and 2025 Strategy Encapsulate our approach to ESG Givaudan 23#24Purpose-linked targets Encapsulate our approach to ESG 0 Creations ESG By 2030 We will double our business through creations that contribute to happier, healthier lives. Nature EG Before 2030 Our operations' carbon emissions will be cut by 70% and our supply chain emissions by 20% We will replace single-use plastics with eco-friendly alternatives across our sites and operations Before 2040 Our operations' will be climate positive and our supply chain emissions will be cut by 50% Before 2050 Our supply chain will be climate positive People SG Before 2025 Everyone on our sites will have access to mental and physical health initiatives, tools and training We will reduce our total recordable injuries cases by 50% We will be rated among the leading employers for inclusion globally Before 2030 50% of our senior leaders will be from high growth markets 50% of our senior leadership will be women E Environment S Social G Governance Givaudan Investor presentation 2021 TMT 555 Communities ESG By 2030 • • We will source all materials and services in a way that protects people and the environment We will improve the lives of millions of people in communities where we source and operate D M 15 updated May 2021 24#25History of acting sustainably with solid track record of ESG ratings Confidence in achieving ambitious purpose targets CDP A LIST 2020 CLIMATE CDP CDP DISCLOSURE NIGHT ACTION A LIST 2020 DISCLOSURE INSIGHT ACTION SUPPLIER ENGAGEMENT LEADER WATER 2020 PLATINUM Top 1% 2020 ecovadis Sustainability Rating SUSTAINALYTICS SIX FTSE4Good Index Series MSCI ESG RATINGS AAA CCC B BB BBB A AA AAA Double 'A rating' for climate and water for two consecutive years CDP leader board recognition for supplier engagement Awarded the EcoVadis Platinum medal, the highest accolade, ranking us in the top 1% Rated as 'low-risk' in 2020 with a score of 17 and an industry ranking 6 out of 416 Included in SXI Swiss Sustainability 25 Index Ranked in the top 1% in the FTSE4Good Index Series, among our peers Givaudan MSCI ESG AAA Rating since 2017 Transparent disclosure of comprehensive, audited ESG data based on reporting standards Givaudan has applied the GRI Рес GRI frameworks since 2010 IR Givaudan has adopted Integrated reporting since 2016 Investor presentation 2021 updated May 2021 25 25#26Creations for happier, healthier lives of millions of people Doubling our business by 2030 We will impact millions of lives by working with our customers to develop creations for happier, healthier lives By 2030 We will double our business through creations that contribute to happier, healthier lives Taste & Wellbeing Going beyond great taste to create food experiences that do good and feel good, for body, mind and planet • Flavour and taste solutions: authentic flavours, kitchen ingredients, taste- enhancing technologies Natural functional ingredients: colours, preservatives, texturants • Natural nutritional ingredients: microbiome, botanicals Fragrance & Beauty Craftsmanship, creativity, and passion for happier, healthier lives through fragrances for every moment • • Consumer products for personal, home, fabric and oral care • Fragrances and beauty products that spark happiness and delight Fragrances to improve emotional wellbeing: leveraging neuro-sciences to enhance sleep, emotional benefits and wellbeing Givaudan • Plant-based food: non-animal protein alternatives Solutions to reduce undesirable ingredients (sugar, salt, fat) and add health- supporting nutrients (vitamins, minerals fibers) Investor presentation 2021 updated May 2021 26#27A bold ambition and clear roadmap. Before 2050, we will become a climate positive business (scope 1, 2 and 3)." BUSINESS AMBITION FOR 1.5°C OUR ONLY FUTURE Investor presentation 2021 updated May 2021 27#28Strong track record In reducing environmental footprint Emissions Scope 1+2 וון -30% Electricity 81% Water Efficiency -23% Waste Efficiency -14% Renewable sources 2015 2020 2015 2020 2015 2020 2015 2020 Givaudan Investor presentation 2021 updated May 2021 28#29Ambitious targets For environmental leadership ם נ Emissions Scope 1+2+3 Before 2050 We will be a climate- positive business¹ Electricity Renewable sources By 2025 Power 100% of our sites with renewable electricity Water Efficiency Current target Reduce water use by per tonne of 15% product Waste Efficiency Current target Reduce waste by per tonne of 4% product (year on year average)³ Plastics Alternatives Before 2030 Replace single- use plastics with eco-friendly alternatives 1. Scope 1, 2, 3, with intermediate targets before 2030 and 2040. 2. For municipal and groundwater, baseline 2009. 3. For incinerated and landfilled waste, baseline 2015. Givaudan Investor presentation 2021 updated May 2021 29 29#30We have set a bold climate ambition Clear agenda to reduce scope 1, 2 and 3 emissions 2,000,000 Our achievements -30% 81% Scope 1+2 +11% Renewable electricity Our ambitions 100% Renewable electricity SCOPE 3 300,000- 200,000- SCOPE 2 100,000- SCOPE 1 0 2015 -100,000 Givaudan Scope 3 CO₂e emmissions (tonnes) -70% Scope 1+2 -20% Scope 3 -100% Scope 1+2 -50% Scope 3 2021 TODAY 2025 2030 Investor presentation 2021 Net GHG emissions 2040 Carbon storage (Clean compensation & insetting) Climate positive (Scope 1,2+3) Before 2050 2050 updated May 2021 30#31Our purpose commitment to responsible sourcing Procurement practices bringing benefits to all involved. 225 >11,400 57% CHF 2.2 bn Raw material / consumable spend per year People in global procurement worldwide Number of different raw materials sourced raw materials Natural 43% Synthetic raw materials 66 Our new approach Sourcing4Good "...to source all materials and services in a way that protects people and the environment by 2030' Ensure trust and compliance across our entire supply chain Givaudan 0. Embark on collaborative, transformational projects in selected supply chains E Bring end-to-end raw material traceability in key supply chains#32Givaudan Sourcing4Good End-to-end value creation Value for suppliers Sourcing4Good building blocks Value for our teams. Value for customers 0000 Full scope, with clear priorities Traceability Digitisation Progress Monitoring Partnerships & third- party validation Integrated operating model Investor presentation 2021 updated May 2021 32 32 Givau#33Fully traceable supply chain Enhancing agricultural practices Contributing to Positive environmental impacts • . Soil health preservation Biodiversity conservation Increased carbon sequestration in the soil Full traceability of Guarana seeds from the field to the final extract Improved incomes for farmers More market visibility for farmers Supported by Sustainable agricultural practices • . Better fertilisation methods Improved pruning practices to increase fruit yields Investigating plant material improvement Givaudan Example: Guarana (Brazil) An iconic botanical which seeds help fight tiredness and boost physical and mental performance. Used mostly in energy drinks and food supplements. Investor presentation 2021 updated May 2021 33#34A place where people love to be and grow Diversity and inclusion A diverse, inclusive organisation to best meet our business goals. Before 2030, we will be an even more balanced and inclusive company Inclusive Before 2025 > We will be rated amongst the leading employers for inclusion globally Before 2030 50% of our senior leaders will be from high growth markets 2020: 25% Before 2030 > 50% of our senior leaders will be women 2020: 25% Givaudan talent experiences Our focus areas Inclusive talent acquisition Inclusive leadership development Investor presentation 2021 updated May 2021 34#35A place where people love to be and grow Caring for employees Caring for employee's safety, health and mental well-being DA comes Caring for our place Before 2025 We will reduce our total recordable injuries cases by 50% Before 2025 Everyone on our sites will have access to mental and physical health initiatives, tools and training Caring for our people Our focus areas Givaudan Strengthening our foundation Investor presentation 2021 updated May 2021 35#36A place where people love to be and grow Improving people's lives All communities benefit by working with Givaudan DA comes Caring for our place Before 2030 > We will improve the lives of millions of people in communities where we source and operate Caring for our people Our focus areas Strengthening our foundation Givaudan Investor presentation 2021 updated May 2021 36#37A strong track record of growth and value creation Value creation history at Givaudan Givaudan Investor presentation 2021 updated May 2021 37 37#38Key investment highlights Givaudan has a strong track record of delivering with excellence • A company inspired by its purpose, engaged in the B Corp certification and part of the B Builders Movement • A highly resilient / defensive business model: • • • Key products that are the most important part of consumer staples and the decisive factor behind the repurchase decisions of consumers High barriers to entry (complexity, R&D, consumer insight, regulations, etc.) Competition focused on innovation, quality and service, not on price • Natural hedges for sustainable growth: • . . Diversified exposures to all regions and market segments (including premium, private label and regional players in emerging markets) Emerging markets/urbanisation-driven growth model Consistency in strategy, execution, result delivery and stability of management Givaudan Investor presentation 2021 updated May 2021 38#39Value creation at Givaudan Sustained value creation for shareholders Share price evolution vs SMI Dividend per share in CHF 70 70 60 60 1000% 800% 50 40 600% 30 400% 20 200% 10 0% 0 2000 2005 2010 2015 2020 2000 2005 2010 2015 -Givaudan SMI >CHF 35 Billion of Total Shareholder return since the IPO Average annual yield of 13.3% vs 4.1% of SMI Givaudan Investor presentation 2021 updated May 2021 39#40Value creation at Givaudan Dividend per share, increasing 3.2% over 2019 * Subject to approval of shareholders at the AGM in March 2021 47 36 15.4 16.3 17.6 18.8 19.5 20.6 21.5 20 22 50 54 54 56 58 58 60 62 64* 6.5 7 8.1 390 549 437 512 662 604 720 597 594 703 811 787 www....||||||| 203 2000 340 2001 273 295 289 262 157 145 117 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Free Cash Flow -Dividend Givaudan Investor presentation 2021 updated May 2021 40 40#412020 Full Year Results Excellent Financial Performance - 2020 Strategy delivered PACO#422020 Full year results Performance highlights • . • . Sales of CHF 6.3 billion, up 4.0% on a like-for-like* basis and 1.9% in Swiss francs EBITDA of CHF 1,397 million, an increase of 9.6%; comparable EBITDA margin of 22.8% up from 21.5% in 2019 Free cash flow of CHF 811 million or 12.8% of sales Proposed dividend of CHF 64.00 per share, up 3.2% year-on-year • Successful delivery of 2020 guidance; Over the five year period 2016-2020: Average like-for-like sales growth of 4.9% ➤ Average free cash flow of 12.6% * Like-for-like: excludes the impact of currency, acquisitions and disposals Givaudan Investor presentation 2021 updated May 2021 42 22#43Sales performance Good growth in both divisions in million CHF 6,322 3,398 2,924 Fragrance & Beauty Taste & Wellbeing 2.8% Group % 2020 growth on LFL* basis % 2020 growth in CHF 4.0% 1.9% 5.4% 4.5% * LFL (like-for-like) excludes the impact of currency, acquisitions and disposals Givaudan Investor presentation 2021 -0.2% updated May 2021 43 33#44Sales evolution by region All regions contributing to the growth in million CHF 699 674 2,278 2,233 1,768 1,630 1,602 1,641 FY 2019 FY 2020 FY 2019 FY 2020 FY 2019 FY 2020 FY 2019 FY 2020 LATAM APAC NOAM EAME 17.6% -2.3% 0.6% 5.7% 1.1% -1.9% 7.2% 2.1% % 2020 growth on LFL* basis % 2020 growth in CHF * LFL (like-for-like) excludes the impact of currency, acquisitions and disposals Givaudan Investor presentation 2021 updated May 2021 44 44#45Operating performance Excellent financial performance Sales of CHF 6,322 million, an increase of 4.0% on a like-for-like basis* and 1.9% in Swiss francs Gross margin of 42.1%, compared to 40.8% in 2019, as a result of continued productivity gains, improved contribution of acquired companies, GBS savings and cost discipline EBITDA of CHF 1,397 million compared to CHF 1,275 million in 2019. Acquisition and restructuring costs of CHF 39 million, compared to CHF 25 million in 2019. Impact of costs for GBS project of CHF 6 million in 2020, compared with CHF 31 million in 2019 EBITDA margin of 22.1% compared to 20.6% in 2019, with the underlying margin at 22.8% versus 21.5% in 2019 40.8% Gross margin 42.1% 1,275 in % EBITDA in CHF million 1,397 *Like-for-like excludes the impact of currency, acquisitions and disposals Givaudan FY 2019 FY 2020 20.6% EBITDA margin 22.1% As % of sales 21.5% Underlying EBITDA margin 22.8% Investor presentation 2021 updated May 2021 45#46Free cash flow Sustained underlying performance Free cash flow in CHF million 811 Free cash flow of CHF 811 million, compared to CHF 787 million in 2019. Free cash flow is 12.8% of sales compared to 12.7% in 2019. Average Free cash flow over the 2016-2020 strategy period of 12.6% Operating cash flow of CHF 1,133 million, compared to CHF 1,136 million in 2019 Total net investments of CHF 217 million, or 3.4% of sales, as the Group continues to invest in growth and information systems. The net investments in 2019 were 4% of sales, or 5.1% excluding the impact of the ZIC transaction Net Working capital of 24.4% of sales compared to 24.0% in 2019 787 FY 2019 Givaudan Investor presentation 2021 12.7% As % of sales FY 2020 12.8% updated May 2021 46 46#472020 Strategy Successfully Delivered Responsible growth. Shared success. Growing with our customers 4-5% Average organic sales growth* Delivering with excellence 12-17% Average free cash flow as % of sales* Partnering for shared success Partner of choice Creating additional value through 16 acquisitions since 2014 CHF 1.5 bn annualised revenue contribution from companies acquired since 2014 4,9% 2016-2020 12.6% 2016-2020 * Over the five-year period 2016-2020 Givaudan Investor presentation 2021 Intention to maintain current dividend practice as part of this ambition • Dividend increased y.o.y every year since Givaudan was listed in 2000 updated May 2021 47#482020 Strategy Successfully Delivered Highlights of key achievements 2016-2020 Growing with our customers Delivering with excellence A High growth markets Health and well-being Consumer preferred products Integrated solutions Excellence in execution Partnering for shared success DO ༤ན Innovators Suppliers People Communities Expanding product and customer portfolio for growth Doubling sales in Naturals to close to CHF 2 billion Achieving No. 1 position in Fine Fragrance Building CHF 100 million businesses in Active Beauty and in Plant based proteins Local & Regional customers accounting for 54% of Group Sales Successful implementation of Givaudan Business Solutions (GBS) with benefits of CHF 60 million per annum Integration of acquired companies & improving financial performance Establishment of the Givaudan Digital Factory in Paris Earned key sustainability recognitions, including CDP leadership scores & EcoVadis Gold Status Strengthening global innovation ecosystem with opening of new flagship Innovation Centre in Zurich Doubling of sales from innovation linked to external collaborations Launch of "Connect to win" programme to accelerate innovation in partnership with suppliers Strong improvement in employee engagement and in safety performance 48#49Disclaimer All figures relate to FY 2020 results. No warranty and no liability: While Givaudan is making great efforts to include accurate and up-to-date information, we make no representations or warranties, expressed or implied, as to the accuracy or completeness of the information provided on this handout and disclaim any liability for the use of it. No offer and no solicitation: The information provided on this handout does not constitute an offer of or solicitation for the purchase or disposal, trading or any transaction in any Givaudan securities. Investors must not rely on this information for investment decisions. Forward-looking information: This handout may contain forward-looking information. Such information is subject to a variety of significant uncertainties, including scientific, business, economic and financial factors, and therefore actual results may differ significantly from those presented. Copyright 2021 Givaudan SA. All rights reserved. Givaudan Investor presentation 2021 updated May 2021 49 49#50Follow us on social media @givaudan Investor relations contact: Pierre Bénaich Head of Investor and Media Relations T +41 22 780 9053 E [email protected] Givaudan in f Investor presentation 2021 updated May 2021 50 50