International Flavors & Fragrances, Inc. · NYSE:IFF
International Flavors & Fragrances — Merger or Acquisition (May 2020)
11 slides from International Flavors & Fragrances's merger presentation, May 12, 2020
Slide 1: IFF and DuPont N&B Combination: Creating a new global leader
IFF AND DUPONT N&B COMBINATION Creating a new global leader for innovative integrated solutions BROADENS EXPANDS R&D DIFFERENTIATED CATEGORY EXPOSURE CAPABILITIES & EXPERTISE INTEGRATED SOLUTIONS • Expands breadth of capabilities • Best-in-class R&D and • Stronger & broadest innovation capabilities
Slide 2: Integration Planning
INTEGRATION PLANNING Strong progress in pre-integration phase; On-track with execution timeline Q4 F I R S T H A L F S E C O N D H A L F Q1 P O S T 2019 2020 2020 2021 C L O S E Purpose, Integration Revenue Cleared U.S. Initial Vision, IFF Permanent $7.3B Cash Agreement Management Anticipated & Cost
Slide 3: Our Purpose: Applying Science and Creativity for a Better World
We need both the rigor O U R P U R P O S E : of scientific expertise, and the APPLYING SCIENCE imagination of new AND CREATIVITY possibilities, to create the FOR A BETTER best results. WORLD It’s the ”why” that will drive everything we do. It’s not just that we’re talented scientists and creators, b
Slide 4: Our Vision: Be the Partner for Essential Solutions
Unmatched innovation and leading-edge insight mean we’re already anticipating O U R V I S I O N : what will be essential to BE THE PARTNER tomorrow’s consumers. FOR ESSENTIAL SOLUTIONS We’re more than a supplier. It’s our strategy Yes, we supply the ingredients, for future success. compounds, and so
Slide 5: Structuring for Accelerated Growth
STRUCTURING FOR ACCELERATED GROWTH Establishment of four divisions focused on end-market demand TA S T E , F O O D H E A LT H & P H A R M A S C E N T & B E V E R A G E B I O S C I E N C E S S O L U T I O N S • Flavors • Scent • Probiotics, Infant Nutrition, • Pharma Excipients HMO** & Fibers • Savor
Slide 6: Supporting Business Objectives
SUPPORTING BUSINESS OBJECTIVES Global centralized functions, focused on best-in-class expertise I N T E G R AT E D C O M M E R C I A L R E S E A R C H & G L O B A L F I N A N C E S O L U T I O N S E X C E L L E N C E D E V E L O P M E N T O P E R AT I O N S • Collaborating for best • Creating new •
Slide 7: Executive Committee
EXECUTIVE COMMITTEE Highly qualified & diverse leaders with deep knowledge and expertise C H A I R M A N & C E O P H AR M A SO L U T I O N S SC EN T HEALTH & BIOSCIENCES T AST E, F O O D & B EVER AG E Andreas Angela Nicolas Simon Matthias Amy Fibig Strzelecki Mirzayantz Herriott Haeni Byrick LEGAL O
Slide 8: Board of Directors Designees
BOARD OF DIRECTORS DESIGNEES Beginning to assemble a world-class board Ed Matthias Carol Anthony Breen Heinzel (John) Davidson Lead Director Independent Director Independent Director Breen is Executive Chairman and CEO of DuPont de Dr. Heinzel is President, DuPont Nutrition & Davidson is the former
Slide 9: Integration Planning
INTEGRATION PLANNING Strong progress in pre-integration phase; On-track with execution timeline Q4 F I R S T H A L F S E C O N D H A L F Q1 P O S T 2019 2020 2020 2021 C L O S E Purpose, Integration Revenue Cleared U.S. Initial Vision, IFF Permanent $7.3B Cash Agreement Management Anticipated & Cost
Slide 10: Summary
SUMMARY Strong start to the year, with strong top and bottom-line results Realized Frutarom acquisition-related revenue & cost synergies & made significant advancements in N&B integration planning Unveiled future combined company purpose, vision, operating model & leadership team to ensure day 1 rea
Slide 11: About IFF
About IFF At IFF (NYSE:IFF) (Euronext Paris:IFF) (TASE:IFF), we’re using Uncommon Sense to create what the world needs. As a collective of unconventional thinkers and creators, we put science and artistry to work to create unique and unexpected scents, tastes, experiences and ingredients for the pro
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