Business Portfolio and Acquisition Strategy

Appendix: Proposed ADF/IDF acquisition All three financing facilities completed Bridge and Term Facilities Agreement €800m / 31 Jan 2019 symrise Facility A Bridge to Equity* €400m Accelerated book building of primary shares Offer price €71.25 / Volume €400m Pricing date 8 Feb 2019 BNP and UniCredit Facility B Bridge to Debt €200m [increased to €250m] Issuance of a Schuldschein loan Size €200m Launch date 22 Feb 2019 Estimated settlement 29 Mar 2019 LBBW, Helaba and Commerzbank Facility C Term Loan €200m Syndication amongst existing banking group Term 5Y, amortizing Closing 25 Feb 2019 * 5,614,036 new shares; increase from 129,812,574 to 135,426,610 shares 27

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