Givaudan Sa · SIX:GIVN
Givaudan Sa — Investor Presentation (October 2025)
59 slides from Givaudan Sa's investor presentation, October 2025
Slide 1: Investor Presentation
October 2025 Investor Presentation
Slide 2: Who we are
Our story, by Givaudan Who we are
Slide 3: Who we are
Who we are Collaborative by nature The partnerships we forge with our customers support innovation, growth, and the creation of products people love. Human by nature Innovative by nature Sustainable by nature Whilst proud of our heritage, With our close connection we never forget that thinking to na
Slide 4: What we do
Our story, by Givaudan What we do
Slide 5: What we do - our business activities
What we do - our business activities Evolving customer needs Through creativity, innovation, and collaboration, we’re changing what’s to come and meeting the evolving needs of consumers of today and tomorrow. We’re helping more people to enjoy happier, healthier lives with creations in: Taste & Well
Slide 6: What we do - our footprint
What we do - our footprint Connected through our global presence Our size and operational footprint give us unique exposure to a variety of markets. We continue to invest in talent and new facilities to service the wide diversity of our customers. North America Our business EAME 23% 18% 22 Total loc
Slide 7: Our business activities – Taste & Wellbeing
Our business activities – Taste & Wellbeing We go beyond great taste to create experiences that do good and feel good for body, mind and planet.
Slide 8: Developing game-changing innovations
Our business activities – Taste & Wellbeing Developing game-changing innovations An expanded Savoury Ready meals portfolio, a market • • Snacks Dairy leading position, • • Soups and sauces Meat and poultry 12% and solutions across all consumer needs. Beverages • Soft drinks • Fruit juices • Instant
Slide 9: Contributing to food systems transformation
Our business activities – Taste & Wellbeing Contributing to food systems transformation Innovating to drive positive change in four key areas: More Individual More nutritious Responsible planet-friendly diets wellbeing goals food choices supply chains 2025 - Investor presentation - updated October 2
Slide 10: Focus areas for innovation
Our business activities – Taste & Wellbeing Focus areas for innovation Savoury Integrated solutions Alternative proteins Freshness and authenticity, Combine flavours, taste and Making new natural functional naturals, flavouring with extensive palette of high value ingredients, holistic approach kitc
Slide 11: Latest commercialised innovations
Our business activities – Taste & Wellbeing Latest commercialised innovations Ama-Dairy High Impact Grills Savoury profiles Sugar reduction Green banana powder New natural ingredient with Natural, affordable tonalities New, differentiated, roasted New natural flavour Upcycled green banana creamy mou
Slide 12: Our business activities – Fragrance & Beauty
Our business activities – Fragrance & Beauty From brief to production, we innovate and ideate, providing tailored solutions and delivering a best-in-class product to our customers.
Slide 13: Transforming how beauty is made
Our business activities – Fragrance & Beauty Transforming how beauty is made A creative powerhouse, Consumer products Fabric care Fine we’re the global leader • • Personal care Fragrances in Fragrance & Beauty. • Home care • Oral care 21% Fragrance Ingredients & Active Beauty Fragrance Consumer Fine
Slide 14: Changing the face of Fragrance & Beauty
Our business activities – Fragrance & Beauty Changing the face of Fragrance & Beauty Innovative, insightful Fine fragrances Engaging Active Fragrance Consumer Products crafted to appeal Beauty solutions ingredients to • Fabric care • Regional • High-precision biotech ingredients inspire possibilitie
Slide 15: Leading the way in innovation: digital innovations
Our business activities – Fragrance & Beauty Leading the way in innovation Latest digital innovations Carto Customer co-creation E-gredients Smell-viz An artificial intelligence tool A new innovation programne A flexible training system to An iOS/Android app exploring designed to maximise perfumer l
Slide 16: Leading the way in innovation: commercialised innovations
Our business activities – Fragrance & Beauty Leading the way in innovation Latest commercialised innovations Ingredients Health and Wellbeing Active beauty Delivery systems Cross category Scentaurus Melrose Myrissi a new way of Gravityl anti-gravity Mechacaps 2in1 PetTech a fresh, floral and transla
Slide 17: How we do it
How we do it Givaudan
Slide 18: Our commitment to client success
Our commitment to client success Differentiating solutions Innovation at our core Client trust We provide solutions that Innovation is essential to Clients choose us for our offer competitive our business for ability to drive meaningful advantage for our clients' delivering unique change brands solu
Slide 19: A unique business model driven by our purpose
A unique business model driven by our purpose Creating for happier, healthier lives with love for nature Unique co-creations Research and Innovation Winning business High entry barriers with customers driven • Key supplier in the industry • Differentiating, bespoke, and • Strong intellectual propert
Slide 20: A unique business model: mastering complexity
A unique business model driven by our purpose Creating for happier, healthier lives with love for nature Mastering complexity Sustainability and volatility Compliance and regulation • Ambitious sustainability goals create • Strong track record in operational • Enable customers to stay ahead of signi
Slide 21: A naturally-hedged portfolio
What we do A naturally-hedged portfolio Products Customers Geography Taste & Wellbeing Sales Employees 51% 37% Savoury 36% Beverages 25% 23% NOAM 21% 18% NOAM 15% Sweet goods 58% EAME EAME 12% Dairy LATAM 14% LATAM 42% 12% 40% APAC 47% APAC Local and Global Fragrance & Beauty Regional 49% 63% Consum
Slide 22: A research-driven innovation process
A research-driven innovation process Supported by unrivalled capabilities and innovation ~128,400 Products sold per year CHF 565 mln R&D spend in 2024, 7.6% of sales 62 Creation and application centres > 5,000 Active patents 2025 - Investor presentation - updated October 2025 22
Slide 23: From new ingredients to winning co-created products
A research-driven innovation process From new ingredients to winning co-created products 1 2 3 Ingredient & process discovery Solutions for consumer products Co-creation enablers/Consumer relevant Highly specialised unique ingredients Driving creative design solutions thorough Focused yet expansive
Slide 24: Digital tools for innovative business processes
What we do Digital tools for innovative business processes AI in Consumer and Robotic process Factory 2.0 Traceability creation customer foresight automation Identify how technology can Guarantee traceability of improve the manufacturing products and their constituents, Carto is a collaborative prod
Slide 25: Value creation through recent acquisitions
Our history Value creation through recent acquisitions TASTE & WELLBEING Naturals Naturals Health & wellbeing Active Beauty Natural flavours Naturals Speciality Ingredients Integrated solutions Natural flavours Naturals Flavours & Fragrances Natural colours 2014 2015 2016 2017 2018 2019 2020 2021 20
Slide 26: Our Board of Directors
Effective and transparent governance Our Board of Directors Calvin Grieder Ingrid Deltenre Victor Balli Louie D'Amico Chairman (since 2017) Vice-chairwoman › Swiss national › US national › Swiss national (since 2022) › Non-executive › Non-executive › Non-executive › Dutch & Swiss national › First el
Slide 27: Our Executive Committee
Effective and transparent governance Our Executive Committee Gilles Andrier Stewart Harris Maurizio Volpi Antoine Khalil Chief Executive Officer Chief Financial Officer President Fragrance President Taste & › French national › British national & Beauty Wellbeing › Appointed in 2005 › Appointed in 20
Slide 28: Committed to Growth, with Purpose
Our strategy Committed to Growth, with Purpose
Slide 29: Our purpose pillars
Our purpose pillars ’Our purpose is a compass to guide our choices and set strategic goals’ Creations Nature People Communities Let's imagine that through our Let's imagine that we show Let's imagine that Givaudan is Let's imagine that all creations, more people will our love for nature in a place w
Slide 30: Megatrends: Impacting 2025 strategy
Our strategy Megatrends: Impacting 2025 strategy TREND TREND TREND Consumer base Living longer and Sustainability is is growing more consciously of high concern IMPACT IMPACT IMPACT Consumers will buy more consciously Asia and Africa leading Consumer behaviours are changing Responsible companies wil
Slide 31: Strategy 2025 – Committed to Growth, with Purpose
Our strategy Strategy 2025 – Committed to Growth, with Purpose Creations E S G Nature E G We create inspiring We show our love solutions for happier, for nature through healthier lives impactful actions Growing together with People S G� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �
Slide 32: Delivering on our performance commitments
Our strategy Delivering on our performance commitments AMBITION Sales growth Free cash flow Purpose commitments 4.0% − 5.0% >12% of sales 2021-2025 2021-2025 Purpose-linked Average LFL1 sales growth Average FCF2 as % of sales targets STATUS 2024 7.2% of sales 12.1% Ongoing progress Average LFL sales
Slide 33: Why we do it
Our purpose Why we do it
Slide 34: Creating for happier, healthier lives with love for nature
Our purpose Creating for happier, healthier lives with love for nature. Let’s imagine together.
Slide 35: Our purpose targets
Our purpose targets Our operations’ carbon emissions We will double our business through Our operations’ carbon emissions We will be a climate positive (scope 1+2) will be cut by 70% creations that contribute to happier, (scope 1+2) will be climate positive business (scope 1+2+3) healthier lives Our
Slide 36: Bringing our purpose to life: Creations
Bringing our purpose to life Creations We create inspiring products for happier, healthier lives Customer and consumer Digital enabled Continued focus on Reducing the preferred solutions innovation innovating ecosystems environmental footprint We will focus our innovative Smart creation and selectio
Slide 37: Our purpose targets progress: Creations
Our purpose targets progress Creations By 2030, we will double our business through creations that contribute to happier, healthier lives TARGET STATUS 2024 ACTIONS AND MEASURES By 2030 we will double our business through creations that contribute to happier, CHF 7.4 billion • Innovating and deliver
Slide 38: Bringing our purpose to life: Nature
Bringing our purpose to life Nature We show our love for nature through impactful actions Climate Water Waste and plastics Biodiversity We will be a climate positive Acting as a role model in water Driving continuous improvement in We prioritise integrating biodiversity business before 2050. steward
Slide 39: Our purpose targets progress: Nature
Our purpose targets progress Nature Before 2050, we will be a climate positive business based on scope 1+2+3 emissions according to the greenhouse gas (GHG) protocol. TARGET STATUS 2024 ACTIONS AND MEASURES Our operations' carbon emissions (scope 1+2) will be cut by 70% before 2030 and will be -48%
Slide 40: Bringing our purpose to life: People
Bringing our purpose to life People We nurture a place where we all love to be and grow Everyone feels welcome, Caring for health, safety Building the leadership and valued and inspired and wellbeing expertise of all our people Through being a leading employer for diversity and We will care for our
Slide 41: Our purpose targets progress: People
Our purpose targets progress People Before 2025, we will improve how we care for all our people. TARGET STATUS 2024 ACTIONS AND MEASURES Before 2025, 100% of employees on our sites will have access to mental and physical health 96% Providing access to mental and physical health initiatives, tools an
Slide 42: Our purpose targets progress: People
Our purpose targets progress People Before 2030, we will be an even more balanced and inclusive company. TARGET STATUS 2024 ACTIONS AND MEASURES Rated amongst the leading employers for inclusion globally before 2025 74% • • Inclusive job ads Balanced slates for hiring and promotion (Internal inclusi
Slide 43: Bringing our purpose to life: Communities
Bringing our purpose to life Communities We bring benefits to all communities that work with us Doing business with our suppliers Leveraging Givaudan business in a responsible way as a force for good Together with our suppliers we will further embed responsible We will improve the lives of millions
Slide 44: Our purpose targets progress: Communities
Our purpose targets progress Communities By 2030, we will source all materials and services in a way that protects people and the environment. TARGET STATUS 2024 ACTIONS AND MEASURES 100% of materials and services will be sourced responsibly by 2030 53%¹ • Our Sourcing4Good programme and our Respons
Slide 45: Our purpose targets progress: Communities
Our purpose targets progress Communities By 2030, we will source all materials and services in a way that protects people and the environment. TARGET STATUS 2024 ACTIONS AND MEASURES 100% of materials and services will be sourced responsibly by 2030 53%¹ • Our Sourcing4Good programme and our Respons
Slide 46: Our performance: Growth and value creation
Growth and value creation Our performance
Slide 47: Committed to growth and value creation
Our performance Committed to growth and value creation
Slide 48: A compelling proposition for investors
Our performance A compelling proposition for investors Givaudan has a historic policy of innovation and acquisition, 5 reasons to invest in Givaudan of creativity, passion and innovation. Our creations are critical to the success 1 of our customer As an industry leader listed on the Swiss Stock Exch
Slide 49: Dividend per share
Dividend per share Increasing 2.9% over 2024, the 24th consecutive increase 66 67 68 70* 60 62 64 56 58 54 47 50 36 1,158 20.6 21.5 22 18.8 19.5 20 17.6 15.4 16.3 920 843 787 811 8.1 720 7 703 6.5 662 604 597 594 549 512 479 437 390 340 273 295 289 262 203 157 145 117 2000 2001 2002 2003 2004 2005 2
Slide 50: Performance by business activity
Our performance Performance by business activity Taste & Wellbeing Fragrance & Beauty 3,752 million CHF +10.7% LFL * 3,660 million CHF +14.1% LFL * +5.5% +5.9% North America Europe +20.9% SAMEA +18.4% +11.1% +13.5% +27.3% +8.8% Fine Fragrances Fragrance Ingredients and Active Beauty Consumer Product
Slide 51: 2024 global sales growth
Our performance 2024 global sales growth* By market High growth Mature +19.5% +6.4% North America EAME Sales (million CHF) +5.9% +12.6% Group Sales 7,412 (+12.3%) Fragrance & Beauty Latin America Asia Pacific 3,660 (+14.1%) +26.1% +11.4% Taste & Wellbeing 3,752 (+10.7%) * LFL: Like-for-like excludes
Slide 52: Our key ESG figures 2024
Our performance Our key ESG figures 2024 Economic Environment Social Governance CHF Million 7,412 100% 32% 100% Sales +12.3% sales growth LFL1 purchased renewable electricity women in senior management non-executive and independent board members 15.6% -48% -34% 20% free cash flow as a % of sales GHG
Slide 53: Our work in sustainability and ESG is widely recognised externally
Our performance Our work in sustainability and ESG is widely recognised externally CDP EcoVadis Sustainalytics A We currently hold ‘Committed to We are categorised as a ‘low-risk’ for our global leadership in climate for the Sustainability’ status company with a score of 19.3, sixth consecutive year
Slide 54: 2025 Nine month sales
2025 Nine month sales Continued good sales growth
Slide 55: 2025 Nine month sales
Givaudan Group 2025 Nine month sales sales Continued good 5,743 + 5.7% + 1.7% sales growth million CHF like--for-like * in Swiss francs “We are very pleased with our continued Taste & Wellbeing Fragrance & Beauty good sales performance in the first nine sales sales months of 2025, against very stron
Slide 56: For further information
For further information 2024 reporting suite
Slide 57: Where to find more information
Where to find more information Reporting suite givaudan.com/investors 2024 Integrated Report 2024 Governance, 2024 Givaudan and ESG Compensation and Financial Report givaudan.com/sustainability 2024 Digital Integrated Report 2025 - Investor presentation - updated October 2025 57
Slide 58: Disclaimer
Disclaimer No warranty and no liability: While Givaudan is making great efforts to include accurate and up-to-date information, we make no representations or warranties, expressed or implied, as to the accuracy or completeness of the information provided on this handout and disclaim any liability fo
Slide 59: Follow us on social media @givaudan
Follow us on social media @givaudan