Investor Presentation January 2021 slide image

Investor Presentation January 2021

Strategy 2025 Performance commitments Sales growth 4.0 – 5.0% 2021-2025 Average like-for-like¹ sales growth Free cash flow >12% of Sales 2021 2025 - 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 January 2021 32 32
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