Reconciliation table to Group’s operating income Fragrance & Beauty Taste & Wellbeing Group in millions of Swiss francs 2021 2020 2021 2020 2021 2020 EBITDA 696 677 786 720 1,482 1,397 Depreciation (83) (77) (121) (124) (204) (201) Amortisation (65) (64) (121) (123) (186) (187) Impairment of long-lived assets (1) (2) (13) (3) (13) Operating income 547 536 542 460 1,089 996 as % of sales 1 7. 7 % 18.4% 15.1% 13.5% 16.3% 15.8% Financing costs (94) (86) Other financial income (expense), net (30) (34) Income before taxes 965 876 as % of sales 14.4% 13.9% Entity-wide disclosures The breakdown of sales from the major group of similar products is as follows: in millions of Swiss francs 2021 2020 Fragrance & Beauty Compounds 2,640 2,529 Ingredients and Active Beauty 451 395 Taste & Wellbeing Compounds 3,593 3,398 Total sales 6,684 6,322 The Group operates in a number of geographical areas: Switzerland (country of domicile); Europe, Africa and Middle-East; North America; Latin America; and Asia Pacific. in millions of Swiss francs Fragrance & Beauty Segment sales a Taste & Wellbeing Segment sales a Group Segment sales a Group Non-current assets b 2021 2020 2021 2020 2021 2020 2021 2020 Switzerland 47 35 33 33 80 68 1,603 1,496 Europe 977 882 870 833 1,847 1,715 2,510 2,453 Africa and Middle-East 273 255 249 240 522 495 79 81 North America 627 618 1,197 1,150 1,824 1,768 1,929 1,720 Latin America 370 359 354 315 724 674 220 211 Asia Pacific 797 775 890 827 1,687 1,602 840 839 Total geographical segments 3,091 2,924 3,593 3,398 6,684 6,322 7, 1 8 1 6,800 a) Segment sales are revenues from external customers and are shown by destination. b) Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets. They consist of property, plant and equipment, intangible assets and investments in jointly controlled entities. 71 Givaudan — 2021 Governance, Compensation and Financial Report Governance Report Compensation Report Consolidated Financial Report Statutory Financial Report Appendix Notes to the consolidated financial statements