16 Expand the portfolio OUR 2025 STRATEGY GROWTH DRIVER #1 Expand the portfolio We’re expanding our traditional portfolio of flavours and fragrances, naturals and delivery systems into nutrition, food ingredients and beauty. This broader offering helps customers better respond to consumer demand for products that support health and wellbeing, positive ageing and changing lifestyles while meeting their expectations around ethical and responsible business issues. OUR STRATEGY IN ACTION Key achievements in 2021 • Expanding our offerings for the consumer- packaged goods and luxury segments with the acquisition of 25% of B.Kolormakeup & Skincare of Italy (b.kolor). • Introduced Blossom Lab™, a fully equipped mobile laboratory to help create naturals extraction techniques directly in the field. • Acquired DDW, The Color House. This will reinforce our ability to create multi-sensorial food experiences with our customers and enables us to become the number two global player in natural colours. • We advanced the development of numerous biotechnology-based ingredients with external partners. A key ingredient, developed with Manus bio, will be launched in early 2022. Givaudan – 2021 In a Nutshell