Slide 1: Sensient Technologies Corporation Second Quarter 2026 Earnings Call
Sensient Technologies Corporation Second Quarter 2026 Earnings Call July 24, 2026 © Sensient Technologies 2026 sensient.com
Slide 2: Non-GAAP Financial Measures
Non-GAAP Financial Measures Within this document, the Company reports certain non-GAAP financial measures, including: (1) adjusted operating income, adjusted net earnings, and adjusted diluted earnings per share, which exclude restructuring and other costs, including the Portfolio Optimization Plan
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation contains statements that may constitute “forward-looking statements” within the meaning of Federal securities laws including under “2026 Financial Outlook” and “Consolidated Full Year 2026 Outlook”. Such forward-looking statements are not guarantees of fu
Slide 4: Quarterly Results & Business Update
Quarterly Results & Business Update © Sensient Technologies 2026 sensient.com 4
Slide 5: Q2 2026 Consolidated Results
Q2 2026 Consolidated Results (1) See appendix for our GAAP to Non-GAAP reconciliations. © Sensient Technologies 2026 sensient.com 5
Slide 6: Color Group Performance
Color Group Performance Local Currency1 Results Commentary Revenue • Strong growth in the quarter driven by new sales wins and favorable pricing across the Group Operating Results • Strong operating leverage in the quarter primarily due to volume growth in the Food & Pharmaceutical and Personal Care
Slide 7: Flavors & Extracts Group Performance
Flavors & Extracts Group Performance Local Currency1 Results Commentary Revenue • Growth in the quarter due to strong volume growth in the Agricultural Ingredients product line and favorable pricing Operating Results • Favorable operating leverage in the quarter primarily due to favorable pricing •
Slide 8: Asia Pacific Group Performance
Asia Pacific Group Performance Local Currency1 Results Commentary Revenue • Growth in the quarter driven by new sales wins across the Group and favorable prices Operating Results • Strong operating leverage in the quarter due to volume growth across the Group and favorable prices • Adjusted EBITDA M
Slide 9: Business Outlook
Business Outlook1 Consolidated Full Year 2026 Outlook Local Currency Revenue2 • Growth rate of high single to low double-digits Local Currency Adjusted EBITDA2 • Growth rate of mid-teen to high teen Local Currency Adjusted EPS2 • Growth rate of mid-teen to high teen (1) Represents outlook as of our
Slide 10: 2026 Natural Color Highlights
2026 Natural Color Highlights Red 3 Replacement Portfolio A multinational portfolio of bright pink, natural color Spirulina-based solutions and novel technology with enhanced technologies to replace Red 3 heat-stability Ideal for: ✓ Cost-effective, natural Ideal for: ✓ Superior bright sky-blue color
Slide 11: Financial Update & Outlook
Financial Update & Outlook © Sensient Technologies 2026 sensient.com 11
Slide 12: Q2 2026 Financial Review
Q2 2026 Financial Review Local Currency Q2 2025 Q2 2026 Growth1 (dollars in thousands) Consolidated Commentary Revenue $ 414,230 $462,081 +9.9% Operating Income (GAAP) $ 57,706 $ 76,700 • Local currency revenue1 increased 9.9% Operating Margin 13.9% 16.6% Adjusted Operating Income1 $ 61,045 $ 76,700
Slide 13: 2026 Cash Flow and Debt Metrics
2026 Cash Flow and Debt Metrics Q2 2025 Q2 2026 YTD YTD Cash Flow from Operations $ 39.3 million $ 34.8 million Commentary Capital Expenditures $ 38.0 million $ 67.5 million • Cash flow provided by operating Total Debt $ 736.4 million $ 763.9 million activities was $34.8 million in Q2 2026 Net debt
Slide 14: 2026 Financial Outlook
2026 Financial Outlook1 Metric Current Guidance Prior Guidance 2 Local Currency Revenue High single to low double-digit growth High single to double-digit growth 2 Local Currency Adjusted EBITDA Mid-teen to high teen growth High single to double-digit growth Diluted EPS (GAAP) $4.10 to $4.20 $3.70 t
Slide 15: sensient.com
© Sensient Technologies 2026 sensient.com 15
Slide 16: Appendix
Appendix1 (1) Amounts in thousands, except percentages and per share amounts. © Sensient Technologies 2026 sensient.com 16
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months Ended June 30, 2026 2025 % Change Operating income (GAAP) $ 76,700 $ 57,706 32.9% Portfolio Optimization Plan costs – Cost of products sold - 1,789 Portfolio Optimization Plan costs – Selling and administrative expenses - 1,550 Adjusted operating income $ 76,
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months Ended June 30, 2026 Local Foreign Currency Revenue Total Exchange Rates Adjustments (1) Adjusted Flavors & Extracts 4.9% 1.1% N/A 3.8% Color 20.6% 3.0% N/A 17.6% Asia Pacific 11.3% (1.0%) N/A 12.3% Total Revenue 11.6% 1.7% N/A 9.9% Operating Income Flavors &
Slide 19: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months Ended June 30, 2026 Foreign Exchange Revenue Total Rates Local Currency Flavors, Extracts, and Flavor Ingredients 3.4% 1.4% 2.0% Agricultural Ingredients 8.2% 0.0% 8.2% Flavors & Extracts Group 4.9% 1.1% 3.8% Food and Pharmaceutical 23.0% 2.8% 20.2% Personal
Slide 20: Non-GAAP Financial Measures
Non-GAAP Financial Measures Results by Segment Three Months Ended June 30, Adjusted Adjusted (1) (1) Operating Income 2026 Adjustments 2026 2025 Adjustments 2025 Flavors & Extracts $ 30,431 $ - $ 30,431 $ 28,506 $ - $ 28,506 Color 54,514 - 54,514 38,922 - 38,922 Asia Pacific 10,960 - 10,960 8,943 -
Slide 21: Non-GAAP Financial Measures
Non-GAAP Financial Measures Flavors & Extracts Group Three Months Ended June 30, 2026 2025 Operating Income (GAAP) $ 30,431 $ 28,506 Depreciation and amortization 7,911 7,676 Share-based compensation expense 147 52 Adjusted EBITDA $ 38,489 $ 36,234 Segment Revenue $ 213,179 $ 203,251 Operating Incom
Slide 22: Non-GAAP Financial Measures
Non-GAAP Financial Measures Color Group Three Months Ended June 30, 2026 2025 Operating Income (GAAP) $ 54,514 $ 38,922 Depreciation and amortization 6,367 6,062 Share-based compensation expense 196 70 Adjusted EBITDA $ 61,077 $ 45,054 Segment Revenue $ 216,137 $ 179,282 Operating Income Margin (GAA
Slide 23: Non-GAAP Financial Measures
Non-GAAP Financial Measures Asia Pacific Group Three Months Ended June 30, 2026 2025 Operating Income (GAAP) $ 10,960 $ 8,943 Depreciation and amortization 578 570 Share-based compensation expense 56 21 Adjusted EBITDA $ 11,594 $ 9,534 Segment Revenue $ 47,589 $ 42,744 Operating Income Margin (GAAP)
Slide 24: Non-GAAP Financial Measures
Non-GAAP Financial Measures Three Months Ended June 30, 2026 2025 % Change Operating Income (GAAP) $ 76,700 $ 57,706 32.9% Depreciation and amortization 15,890 15,260 Share-based compensation expense 5,604 3,739 Portfolio Optimization Plan costs, before tax - 3,339 Adjusted EBITDA $ 98,194 $ 80,044
Slide 25: Non-GAAP Financial Measures
Non-GAAP Financial Measures Trailing Twelve Months Ended June 30, Debt 2026 2025 Short-term borrowings $ 397 $ 26,280 Long-term debt 763,499 710,119 (1) Credit Agreement adjustments (17,174) (43,393) Net Debt $ 746,722 $ 693,006 Operating income (GAAP) $ 239,320 $ 203,752 Depreciation and amortizati
Slide 26: Non-GAAP Financial Measures
Non-GAAP Financial Measures 2025 2025 2019 2019 As Reported Adjustments (1) Adjusted As Reported Adjustments (1) Adjusted Consolidated Revenue $ 1,612,111 - $ 1,612,111 $ 1,322,934 $ (143,172) $ 1,179,762 (1) Adjustments consist of revenues of the divested product lines. © Sensient Technologies 2026
Slide 27: Non-GAAP Financial Measures
Non-GAAP Financial Measures 2019 - 2025 Foreign 6 Year CAGR 6 Year CAGR Exchange Local Currency (1) Asia Pacific As Reported 0.0% Rates 7.7% Adjustments (1.6%) Adjusted 7.6% Consolidated Revenue 3.3% (0.3%) (2.0%) 5.6% (1) Adjustments consist of revenues of the divested product lines. © Sensient Tec