2030战略介绍

27 AUGUST 2025 Welcome to ourSummer Investor Conference2030 strategy HousekeepingClaudia Pedretti – Head of Investor Relations Presentation download Summer Investor Conference:Live at the Widder Hotel and via thelive webcast. Presentation:Available via QR Code and can bedownloaded on the web platform. Q&A session:Questions from audience in the room andvia Q&A chat on the web platform. to join Q&Afrom webcast Q&AAudience in Zurich& on webcast Antoine Khalil Gilles AndrierCEO Maurizio Volpi PresidentFragrance & Beauty Stewart HarrisCFO PresidentTaste & Wellbeing •2025 half year results•2025 strategy recap•2030 strategy •T&W 2030 strategyoverview•2030 focus areas •F&B 2030 strategyoverview•2030 focus areas •Value creation history•2030 performanceambitions Gilles AndrierCEO Givaudan announces CEO and Chairman succession plans Executive Committee Board of DirectorsCalvin Grieder Christian Stammkoetter Gilles Andrier •Retiring as CEO on1 March 2026•Proposed for election as Chairmanat the AGM on 19 March 2026 •Retiring from Board of Directorsat the AGM on 19 March 2026after 12 years of service •Joins Givaudan from Danoneand takes over as CEO on1 March 2026 2025 half year results 2025 half year resultsStrong financial performance Strong sales growth Sales across all business segments, geographies and customer groups,demonstratedby continuedoutperformance in Fine Fragrance,a10.0%increase LFL* in thehigh growth marketsandsustained strong growth withlocal and regional customers ofCHF 3,864 million, anincrease of6.3%LFL*and3.4%in Swiss francs Free cash flow Comparable EBITDA Net income ofCHF 592 million,compared to CHF 588million in 2024, resulting ina net profit margin of15.3% −0.4%of sales, mainly dueto the timing effects ofinvestments and taxpayments ofCHF 973 million,a margin of25.2%compared to24.8%in 2024 2025 half year resultsStrong performance in high growth markets MATURE 2025 half year resultsSustained strong performance Fragrance & Beauty Taste & Wellbeing Sales Comparable EBITDA Sales Comparable EBITDA ofCHF 1,909 million, anincrease of4.1%LFL*and-0.1%in Swiss francs ofCHF 1,955 million, anincrease of8.6%LFL*and7.0%in Swiss francs ofCHF 540 million,a margin of27.6%compared to28.1%in 2024 ofCHF 433 million,a margin of22.7%compared to21.7%in 2024 +6.1%*ConsumerProducts Navigating new trade tariffsAssessing their impact on our business Tariff related impact Givaudan operating model Protecting our business We continue to explore sourcing and supplychain alternatives to mitigate the impact of thetariff environment. We have some cross-border flows, mainly rawmaterials for our US sites, with the main impacton imports into the US from global suppliers. Givaudan’s operating model is largely based onsourcing, manufacturing & distributing productsin the market for the market. While the situation continues to evolve in keycountries (China, India, Brazil, Switzerland), theoverall impact remains at manageable level forthe Group. We have an extensive network of facilitiesacross the world which allow us to support thegrowth of our customers in all locations. We are implementing price increases incollaboration with our customers to fullycompensate for any impact of tariffs on ourinput costs. We also operate as far as possible with multiplesourcing arrangements to mitigate singlesupplier or single location sourcing. 2025 outlook Key themes review 2025 strategydelivery Non-recurringcosts •Confident in our focused strategy,our portfolio and our market position•Strong natural hedges acrossproducts segments, geographiesand customer groups•Increase in input costs at a grouplevel now expected to be ~3% in2025•Tariff related impacts remainuncertain but are being reflected inpricing actions with our customers •Fully on track to deliver our 2025strategy commitments on averagelike-for-like* sales growth and freecash flow •Acquisition, restructuring, andproject related expenses ofCHF 30 million expected in 2025•Additional costs will be incurredin relation to the accident inLouisville of up to CHF 20 millionin 2025 Looking backValue creation through our 2025 strategy Committed to Growth,with Purpose Our 2025 strategyCommitted to Growth, with Purpose Creations E S GWe create inspiringsolutions for happier,healthier lives NatureE GWe show our lovefor nature throughimpactful actions CommunitiesE S GWe bring benefits toall communities thatwork with us •4-5% Growth•>12% FCF•Purpose linked targets4–5% Growth*>12% FCFPurpose linked targets Impact onEnvironment,Social andGovernance Key achievements •Delivering on our ambition to grow with our customersthrough high value-added products and solutions. •Bringing new and innovative solutions to drivedifferentiation in products and technology.•Strengthened our natural hedges across business,customers and geographies, allowing us to successfullynavigate through highly uncertain times.•Fully on-track to deliver our purpos