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Investor Presentaiton

DSM in Animal Nutrition: active over the full value chain €2.9bn sales (2019) diversified across species, geographies, and channels 15 Feed value chain 25% AN&H Sales 65% AN&H Sales 10% AN&H Sales Direct to Farm Agricultural Commodities Application-based formulations Specialty (Premix) Solutions Feed producers Farmers and Processors Sales by ingredient (%) Fat soluble vitamins Water soluble vitamins Carotenoids Enzymes Eubiotics Minerals Other blending ingredients Sales by species (%) Aqua Pet Swine Poultry Ruminant Sales by region (%) Europe North America Latin America Asia (excl China) China Rest of World DSM
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