Effective and transparent governance 25 BOARD OF EXECUTIVE COMPENSATION GOOD CORPORATE DIRECTORS COMMITTEE CITIZENSHIP 8 members 7 members • Our compensation policies • Principles of Conduct are an essential component • Ethics and Compliance years average years average of our employee value Programme 6.4 6.6 proposition and a key driver tenure tenure of both individual and • Human Rights Policy business performance • Responsible Sourcing 5 nationalities nationalities • Compensation of Board of Policy/Sourcing4Good represented 6represented Directors and the Executive programme 3 women woman Committee is subject to 1 annual shareholder approval SHARES • Separation of roles • Responsible for the • The Performance Share between the Chairman of day-to-day management Plan (PSP) is designed to the Board and Chief of the Company reward executives and key • One single class of shares Executive Officer, in line • Average of 20 years talent who significantly • One share = one vote with 'Swiss Code of Best experience in the company influence the longterm Practice for Corporate success of the business and Governance' principle 19. • One of the longest standing our purpose ambitions. • Ultimate strategic CEO in the industry supervision and control of the management of the Company, including Enterprise Risk Management approach • All board members re- elected on an annual basis Performance Share Plan for top 500 employees • 100% independent members 20% 80% Non financial Financial targets targets 10% Social targets 10% Environmental targets Givaudan – 2021 In a Nutshell