Slide 1: Summer Investor Conference
27 August 2026 Summer Investor Conference Strengthening the next chapter – our path to 2030
Slide 2: Housekeeping
Housek eeping Claudia Pedretti – Head of Investor Relations Presentation download Summer Investor Conference: Live at the Widder Hotel and via the live webcast. Presentation: Available via QR code and can be downloaded on the web platform. Q&A session: Questions from audience in the room and to join
Slide 3: Agenda: Half-year results, 2030 Strategy, Panel discussion
1 2026 Half-year results Christian Stammk oetter 2 3 42030 Strategy Christian Stammk oetter Panel discussion Christian Stammk oetter Q&A Live audience & webcast CEO CEO CEO • 2026 Half-year review • My initial assessment Stewart Harris CFO • 2026 Outlook • Navigating the evolving market landscape Ma
Slide 4: 2026 Half-year results
1 2026 Half-year results Christian Stammkoetter, CEO
Slide 5: Solid financial performance
2026 Half-year results Solid financial performance SALES BALANCED SALES GROW TH CHF 3,799 million, across geographies, and customer groups, with high-growth markets increasing by 5.2% LFL and mature markets by 2.0% LFL an increase of 3.6% LFL* and a decrease of --1.7% in Swiss francs ADJUSTED EBITDA
Slide 6: Half-year sales performance
Half-year sales performance Strong growth momentum in F&B continues, T&W sequentially recovering SALES in CHF million HY 2025 HY 2026 3,864 3,799 GROUP SALES 3,799 million CHF +3.6% LFL* 1,955 2,010 1,909 1,789 FRAGRANCE & B EAUT Y 2,010 graph million CHF +6.5% LFL* GROUP FRAGRANCE & TASTE & BEAUTY
Slide 7: 2026 Outlook
2026 Outlook Business contex t • Navigating a volatile geopolitical landscape and uncertain market conditions • Strong natural hedges across product segments, geographies and customer groups 2026 outlook • Strong focus on our customers and on maintaining our supply chain performance at a high level
Slide 8: 2030 Strategy
2 2030 Strategy Christian Stammkoetter, CEO
Slide 9: My initial assessment
My initial assessment
Slide 10: Givaudan's unique business model
Givaudan’s unique business model Creativity at the heart, backed by strong moats Creativity at the Science & Consumer insight Customer heart Technology & foresight centricity Rich in Operational Purpose, culture proprietar y data excellence & people 2026 Summer Investor Conference - Company propriet
Slide 11: Industry leading business performance
Industry leading business performance Strong and reliable growth, profitability and cash generation across cycles Sales growth EB ITDA Free Cash Flow 2021 - 2025 cycle 6.8% 22.9% 12.5% 2021-2025 2021-2025 2021-2025 Average LFL* sales growth Average comparable EBITDA as % of sales Average FCF** as %
Slide 12: Accelerating growth over cycles and industry-leading margins
Accelerating growth over cycles and industry-leading margins Strong long-term performance in both divisions Fragrance & Beauty Lik e-for-lik e sales growth Comparable EBITDA margin • Accelerating, volume-led growth over cycles Average cycle: Average cycle: • Last cycle volume-led with some inflation
Slide 13: Strong and resilient business model
Strong and resilient business model Unique strengths with opportunities to unlock additional value Strengths Opportunities • Strong focus on core Fragrance & Flavour market • Sharpening Taste & Wellbeing strategy and with thought leadership in Fragrance & B eauty commercial execution • Leadership in
Slide 14: Navigating the evolving market landscape
Navigating the evolving mark et landscape
Slide 15: Megatrends
Megatrends Turning global megatrends into business opportunities Geopolitical Fragmenting Technological Evolving sk ills Fast evolving volatility, climate customer disruption with requirement regulator y challenges & landscape structural environment macroeconomic societal impact pressure 2026 Summer
Slide 16: Consumer trends
Consumer trends Consumer shifts creating strong tailwinds for Givaudan Value & Digital & Health & lifestyle data-driven Sensory Shifting conscious living polarisation personalisation max imalism demographics Consumers are Consumers are Technology enables Consumers seek bold Impact of Gen Z & seeking
Slide 17: Evolving market landscape
Evolving mark et landscape Turning global shifts into differentiated growth opportunities GIVAUDAN IS UNIQUELY POSIT IONED “T here has never been • Outstanding creative talent a better time to be in • Science & Technology leadership fragrances and flavours • Advanced consumer insight and foresight t
Slide 18: Reaffirming our 2030 performance ambitions while evolving the Strategy
Reaffirming our 2030 performance ambitions while evolving the Strategy
Slide 19: Our purpose remains our lighthouse
Our purpose remains our lighthouse Creating for happier, healthier lives with love for nature. Let’s imagine together.
Slide 20: 2030 performance targets
2030 performance targets Confirming ambitious growth, free cash flow and purpose linked targets SALES GROWT H ADJUST ED FREE CASH FLOW PURPOSE AMB ITIONS 4 .0 – 6.0% >12% of sales Purpose link ed 2026 – 2030 Average Like-for-like1 sales growth 2026 – 2030 Average Adjusted FCF2 as a % of sales target
Slide 21: Original 2030 strategy
Original 2030 strategy* Deepen geographical presence Expand Extend categories customer and portfolio reach Why Value creation What Driving Our purpose is sustainable 4–6% growth** creating for happier, growth with >12% Adjusted Free healthier lives with love for nature. How customers Cash Flow Let’s
Slide 22: 2030 strategy evolution
2030 strategy evolution Deepen geographical Strengthen presence core Extend categories customer & channel reach and optimise portfolio Why Value creation What Driving Our purpose is sustainable 4–6% growth* creating for happier, growth with >12% Adjusted Free healthier lives with love for nature. Ho
Slide 23: Capital allocation
Capital allocation Prioritising investment in business to drive long-term value creation 1 Investments in organic business growth 2 Growing annual dividend 3 M&A 4 Share buyback s 2026 Summer Investor Conference - Company proprietary information 23
Slide 24: Strengthening the next chapter
Strengthening the nex t chapter Optimise Future-proof Together
Slide 25: Strengthening the next chapter: Optimise
Strengthening the nex t chapter Optimise
Slide 26: Fragrance & Beauty
Fragrance & Beauty
Slide 27: Fragrance & Beauty: Very strong performance across all categories
Fragrance & Beauty Very strong performance across all categories Strong growth across all business units Share of sales by business units Average like-for-like sales growth 2021-2025 HY 2026 Fragrance & B eauty 8.3% Consumer Products 6.2% FI & AB * Fine Fragrance 17.5% 15% Fine Consumer Fragrance In
Slide 28: F&B 2030 strategy
F&B 2030 strategy Further Accelerate invest in our in key growth products geographies Expand Adjacencies: in L&R further develop and global Beauty accounts Ambition Value creation What Driving By expanding our sustainable Reaching our 2030 leadership in growth with corporate financial and fragrances
Slide 29: Expanding our leadership
Expanding our leadership Building on today’s strengths across categories Consumer Products Fine Fragrance Active B eauty HOW W E A R E WI NNING S HA R E • Best-in-class creative talents driving • Highly sought-after creative talents winning • Superior innovation, build on milestone customer wins wit
Slide 30: Impactful M&A strategy
Impactful M&A strategy Expanding reach, creating value Activ e B eauty Naturals Artificial Aromatherapy Activ e B eauty intelligence Fragrances 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Active B eauty Activ e B eauty Local & Regional Fragrances B iotechnology Activ e beauty Ac
Slide 31: Expanding our leadership in Fragrance & Beauty
Strengthening the next chapter Expanding our leadership in Fragrance & Beauty Structural mark et growth Driven by rising fragrance value perception and higher dosages, sensorial demand of new generations, geographic and channel expansion. Winning in core categories Consumer Products – Lead key categ
Slide 32: Taste & Wellbeing
Taste & Wellbeing
Slide 33: Taste & Wellbeing: Consistent strong performance in core Flavour & Taste
Taste & Wellbeing Consistent strong performance in core Flavour & Taste Strong growth back ed by natural hedges Share of sales by business units Average like-for-like growth 2021-2025 HY 2026 Taste & Wellbeing 5.4 % HFBU & SCBU* Europe 5.8% 14% South Asia, Middle East and Africa 13.1% North America
Slide 34: Original T&W 2030 strategy
Original T&W 2030 strategy* Accelerate Health, Expand our Functional, and position in Colour Pet Food Solutions Strengthen Increase our leadership in reach Flavour & Taste in HGMs Ambition Value creation What Driving Partner with our sustainable Reaching our 2030 customers to deliver growth with cor
Slide 35: We create value-adding food & beverage solutions
We create value-adding food & beverage solutions that shape consumers’ taste ex periences today and tomorrow.
Slide 36: T&W 2030 strategy evolution
T&W 2030 strategy evolution Accelerate Colour and Explore our optimise Health position in & Functional Pet Food solutions Strengthen Increase our leadership in reach core Flavour & in HGMs Taste Ambition Value creation What Driving We create value- sustainable Reaching our 2030 adding food & growth
Slide 37: Customer-centric growth driven by core strengths
2 Customer-centric growth driven by core strengths Deep consumer understanding, creative excellence and customer proximity Decode consumer Create winning Strengthen partner sensory needs solutions leadership Industry-leading consumer understanding Deep science, technology and creative Deep customer
Slide 38: Capturing the biggest growth opportunities by 2030
Capturing the biggest growth opportunities by 2030 Leveraging core strengths to meet consumer trends and customer needs GR OW T H D R I V E R S Health B etter Affordable Fast growing Sensory consciousness choices convenience segments and max imisation regions CONS U M E R NE E D S A ND CU S T OM E R
Slide 39: Capturing the biggest growth opportunities by 2030: tailored solutions
Capturing the biggest growth opportunities by 2030 Tailored solutions to capture attractive growth trends GR OW T H D R I V E R S Health B etter Affordable Fast growing Sensory consciousness choices convenience segments and max imisation regions G I VA U D A N ’ S D I F F E R E N T I AT E D S O L U
Slide 40: Sharpening commercial strategy and execution for further growth opportunities
Sharpening commercial strategy and execution for further growth opportunities
Slide 41: Sharpened focus to unlock growth opportunities
Sharpened focus to unlock growth opportunities Clearly defined growth priorities and commercial execution plans 1 Growth through differentiated 2 Growth through tailored regional 3 Growth from increased share segment strategies strategies in product value focus on customers, channels and geographic
Slide 42: Differentiated segment strategies
Differentiated segment strategies Sharpening commercial focus in each segment 1 Growth through differentiated • Focus on defending high- share segments • Winning in high-growth segment strategies sub-segments B everages Snack s Dairy Sweet Goods • Expand in selected high value-added adjacencies • Op
Slide 43: Accelerate through focus on high-growth sub-segments
EX A M P L E - B EVER AGES Accelerate through focus on high-growth sub-segments Differentiated segment strategies GIVAU DAN AIM S AT OUT PER FOR M ING AVER AGE S EGM ENT GROW T H FOCUS ON HIGH-GR OW T H A R EAS WIT H COMP ET IT IV E DIFFER ENT IAT ION Accelerate in focus areas and balance defend are
Slide 44: Tailored regional strategies
Tailored regional strategies Focus on customers, channels and geographic reach 2 Growth through tailored regional R EGIONALLY TAILOR ED PL AY B OOK TO UNLOCK GROW T H OPPORT UNIT IES Our framework for differentiating regional execution WHERE TO PL AY strategies Segments Geographies Channels Customer
Slide 45: Increased share in product value and recipe
Increased share in product value and recipe Focus on solutions integrating high-value differentiated ingredients 3 Growth from increased share in product value and recipe • Substitute basic ingredients with integrated solutions • Support clean label reformulation • Leverage end-to-end capabilities (
Slide 46: Leverage strengths and sharpen focus to accelerate growth
Strengthening the next chapter Leverage strengths and sharpen focus to accelerate growth Structural mark et growth Large, resilient market with accelerating GLP-1, reformulation and natural-colour tailwinds; higher growth concentrated in health, functionality and natural solutions. Demographic shift
Slide 47: Strengthening the next chapter: Future-proof
Strengthening the nex t chapter Future-proof
Slide 48: Future-proofing with innovation, technology and excellence
Strengthening the next chapter Future-proofing with innovation, technology and excellence FU T U R E I NT EL L I GENCE – CONS U M ER I NS I GH T S & FOR ES I GHT Science & Customer Operational Creation Sustainability Technology excellence excellence S U S TA I N A B L E P U R P O S E - D R I V E N G
Slide 49: Amplifying artistry through symbiosis of human talent and tech
Amplifying artistry through symbiosis of human talent and tech Future-proof – Creation Augmenting human artistry through AI and technology to drive customer value • Investing in world-class creative talent across Fragrance and Flavours • Empowering creators with advanced tools and technologies • Com
Slide 50: NextGen fragrance and flavour Science & Technology
NextGen fragrance and flavour Science & Technology Future-proof – Science & Technology Nex tGen Science Solutions for creative superiority • Accelerating differentiated molecule and bioscience-solution discovery • Developing next-generation delivery systems and encapsulation technologies • Advancing
Slide 51: Deepening customer partnerships through insights, advocacy and agility
Deepening customer partnerships through insights, advocacy and agility Future-proof – Customer excellence Agile co-creation for tailored customer solutions • Strengthening strategic customer partnerships across markets • Unlocking value across the value chain through deeper collaboration • Enhancing
Slide 52: Mastering complexity with digitally enabled operations
Mastering complexity with digitally enabled operations Future-proof – Operational excellence Driving resilience and efficiency • Further strengthen supply chain resilience and agility to be a reliable partner in an ever more complex environment • Leverage automation to drive efficiency and asset opt
Slide 53: Resilient supply chains and measurable impact
Resilient supply chains and measurable impact Future-proof – Sustainability Driving sustainable growth, end-to-end • Strengthening supply chain resilience through our expertise and capabilities • Developing solutions that support customers' Scope 3 reduction ambitions • Driving sustainable growth wi
Slide 54: Data & AI transformation further driving growth and efficiency
Data & AI transformation further driving growth and efficiency Future-proof – Data, digital and AI Business-owned, IT-empowered Solution focused Creation Science & Consumer Customer Operational enhancement Technology insight & excellence excellence foresight End-to-end DR IVING GROW T H Value-tracke
Slide 55: Strengthening the next chapter: Together
Strengthening the nex t chapter Together
Slide 56: Together: Drive sustainable growth with people, customers & partners
Together Drive sustainable growth together – with people, customers & partners Empowering Deepening customer Partnering for our people partnerships shared growth ‘ H U M A N B Y NAT U R E’ 2026 Summer Investor Conference - Company proprietary information 56
Slide 57: Invest in future-ready talent to drive competitive edge
Invest in future-ready talent to drive competitive edge Together – Empowering our people Upsk illing for a future-ready organisation • Leverage the strengths of more than 17,000 talents across Givaudan • Continue to upskill our workforce and to build strong leaders • Preserve and strengthen the uniq
Slide 58: Crafting differentiated, winning solutions together
Crafting differentiated, winning solutions together Together – Deepening customer partnerships Preferred partner for co-creation • Continue to invest in winning with key global customers • Further strengthen reach with local & regional customers worldwide • Driving insight-led collaboration with cus
Slide 59: Building reliable partnerships for long-term shared value
Building reliable partnerships for long-term shared value Together – Partnering for shared growth Collaboration with suppliers and communities to drive responsible growth • Collaborate with suppliers, innovators and communities • Drive inclusive and sustainable growth with impact • Build strong and
Slide 60: Strengthening the next chapter: Conclusion
Strengthening the nex t chapter Conclusion
Slide 61: Conclusion
Conclusion We reaffirm our 2030 financial ambitions 1. Strong momentum in core Fragrance and Flavour & Taste business. 2. Sharpening strategic focus to unlock future growth: Optimise by growing core businesses, accelerating high-value adjacencies, addressing portfolio challenges, and sharpening comm
Slide 62: Panel discussion
3 Panel discussion
Slide 63: Panel discussion
Panel discussion Antoine K halil Maurizio Volpi Christian Stammk oetter Stewart Harris President President CEO CFO Taste & Wellbeing Fragrance & Beauty 2026 Summer Investor Conference - Company proprietary information 63
Slide 64: Q&A
4 Q&A
Slide 65: Future-proof exhibition
Future-proof ex hibition
Slide 66: Future-proof exhibition, Widder Hotel
Future-proof exhibition Widder Hotel OOBY T M is an AI-powered ecosystem that helps create new food experiences from brief to concept with speed, creativity, and trusted insights. Experience live product creation and develop new concepts in real time. Thomas Ullram, Global Marketing Director T&W MYR
Slide 67: 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 presentation/handout and disclaim any
Slide 68: Follow us on social media @givaudan
Follow us on social media @givaudan