8 CEO interview CEO INTERVIEW I am proud to look back at a year of great achievements, in pursuit of delivering sustainable value creation for all our stakeholders. Gilles Andrier, CEO is interviewed wellbeing of our employees, ensuring we delivered for our by Givaudan employee Alice. customers, and overall remaining a resilient business. They discuss how the business Across our growth drivers and enablers, we’ve been effectively implementing our strategy, and the key themes we identified delivered in the first year of have been strengthened and proven to be the right ones, such its new strategy cycle, while as health and wellbeing, naturals, plant-based proteins, Active Beauty among many others. also managing through another I’d like to express my huge thanks and pride in all of our pandemic year. over 16,800 colleagues around the world who contributed to Givaudan’s success in 2021. A Overall, how did the business perform? GA Ambitious financial targets are central to our 2025 strategy Alice In 2021, we continued to face the challenges of the roadmap, along with the addition of purpose-linked targets evolving pandemic. How would you characterise the year? to show the progress we want to make towards our longer- Gilles Andrier Overall, it was a significant and strong year for term purpose ambitions in the areas of Creations, Nature, People us. Significant as we started out on our next five-year strategy and Communities. We aim to achieve average organic sales cycle – ‘Committed to Growth, with Purpose’ – and delivered growth of 4-5% on a like-for-like basis and an average free cash a strong financial performance while also making progress on flow of at least 12%. We grew strongly in 2021, achieving sales our purpose targets. of CHF 6,684 million, a growth of 7.1% and an average free cash flow of 12.6%. We also showed our strength in being able to deliver this against a backdrop of continuing challenges from the second We showed once again our ability to deliver industry leading, year of the pandemic. We continued to prioritise the health and purpose-led growth with a long-term perspective. All areas Givaudan – 2021 In a Nutshell