1. General Information 1.1 Structure and Description of the Activity Givaudan SA is a limited liability company incorporated and domiciled in Switzerland. The company is based in Vernier, near Geneva, Switzerland. Givaudan SA invests in companies of the Givaudan Group, who is a leading supplier of creative fragrance, beauty, taste and wellbeing products to the consumer goods industry. In addition, Givaudan SA invests in research and development and supplies services for the use of these products. Givaudan SA develops, registers and makes use of all trademarks, patents, licenses, manufacturing processes and formulas. 1.2 Employees The average number of employees during the year was less than ten (2020: less than ten). 2. Summary of Accounting Principles Adopted The financial statements at 31 December 2021 are prepared in accordance with Swiss law. The company is classified as a large entity as it meets the criteria to present group accounts under the definition of art. 961d al. 1 of the Swiss Code of Obligations. As Givaudan prepares and reports comprehensive consolidated financial statements under International Financial Reporting Standards (IFRS) including a cash flow statement, accompanying notes and a management report, Givaudan SA is exempt from preparing this information. Valuation Methods and Translation of Foreign Currencies Investments in, and loans to, Group companies are stated at cost less appropriate write- downs. Marketable securities are shown at the lower of cost and market value. Derivatives are recorded at fair value. Notes to the statutory financial statements The currency in which Givaudan SA operates is Swiss francs (CHF) and the accounts are presented in Swiss francs. In the statement of financial position, foreign currency assets and liabilities are remeasured at year-end exchange rates with the exception of investments in Group companies which are valued at historical exchange rates. In the income statement, expenses and income in foreign currencies are converted in Swiss francs using the daily exchange rate of the transaction date. Foreign currency gains and losses are recognised in the income statement as they occur with the exception of unrealised gains which are deferred. 3. Subsidiaries List of the direct subsidiaries of the company, which are wholly-owned unless otherwise indicated (percentage of voting rights): Switzerland Givaudan Suisse SA Givaudan Finance SA Prodiga AG Givaudan International SA Vamara Holding SA Kemptthal Immobilien Nord AG Givaudan Treasury International SA Argentina Givaudan Argentina SA Givaudan Argentina Servicios SA Australia Givaudan Australia Pty Ltd Austria Givaudan Austria GmbH Brazil Givaudan do Brasil Ltda Naturex Ingredientes Naturais Ltda drom internacional Fragrâncias Indústria e Comércio Ltda Canada Givaudan Canada Co Cayman Islands Colortech LP Chile Givaudan Chile Ltda China Givaudan Fragrances (Shanghai) Ltd Givaudan Flavors (Shanghai) Ltd Givaudan Specialty Products (Shanghai) Ltd Givaudan Hong Kong Ltd Givaudan Flavors (Nantong) Ltd Givaudan Management Consulting (Shanghai) Ltd Givaudan Fragrances (Changzhou) Ltd 108 Givaudan — 2021 Governance, Compensation and Financial Report Governance Report Compensation Report Consolidated Financial Report Statutory Financial Report Appendix