Business Portfolio and Acquisition Strategy

Appendix: Amortization from business combinations Major effects are fading out symrise Diana Other M&A 2003 Merger 18 17 16 16 15 18 18 15 12 11 11 9 56 56 56 56 56 9 6 51 6 45 .45 45 25 0 :0 6 6 6 6 6 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 * only M&A-related amortization (without software or internally generated intangible assets) Main drivers Merger of Haarmann & Reimer and Dragoco in 2003: Recipes Acquisition of Diana in 2014: Brands, customer base and recipes Status Further EPS support expected over time 28

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