A year in review Economic / Governance Environment Social Appendix Our ambitions Our contribution to SDGs CREATIONS OUR AMBITION By 2030, we will double our business through creations that contribute to happier, healthier lives. Focus area Targets Status 2021 Actions and measures Sales growth Average organic sales growth of 4–5% on a like-for-like basis 7﹒1% • Focusing our strategic growth drivers between 2021–2025 • Focusing on renewable, biodegradable and viable natural solutions Free cash flow Average free cash flow of at least 12% of sales between 2021–2025 • Addressing health and wellbeing issues 12﹒6% • Expanding our portfolio • Greater collaboration and co-creation • Exploiting AI and digital opportunities • Increasing operational efficiencies Strong governance systems are the cornerstone of a successful, sustainable business and help us to live and implement our purpose, as we strive to be a force for good for business, society and the planet. Calvin Grieder, Chairman of the Board 27 Givaudan — 2021 GRI Sustainability Report
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