Value-based governance Sophie Gasperment • Businesswoman • French national, born in 1964 • Non-executive • Fir st elected 2020 NGC Ingrid Deltenre • Businesswoman • Dutch and Swiss national, born in 1960 • Non-executive • Firs t elected 2015 CC, N GC Olivier Filliol • Bu sinessman • Swiss national, born in 1967 • Non-executive • First elected 2020 AC, I C Board committees ¹ AC AUDIT COMMITTEE Victor Balli (Chairman), Lilian Biner, Olivier Filliol • Assists the Board in its oversight responsibilities with respect to financial reporting • Ensures effectiveness and efficiency of internal control, risk management and compliance systems • Assesses and oversees the internal and external audit processes CC COMPENSATION C OMMITTEE Prof. Dr-Ing. Werner Bauer (Chairman), Ingrid Deltenre, Victor Balli • Reviews and recommends the compensation policies to the Board • Sets the remuneration for the Executive Committee within the maximum approved by the Annual General Meeting of shareholders • Prepares the Compensation Report NGC NOMINATION AND G OVERNANCE COMMITTEE Calvin Grieder (Chairman), Ingrid Deltenre, Michael Carlos, Sophie Gasperment • Assists the Board in setting and reviewing principles of good corporate governance • Prepares appointments to the Board and the Executive Committee IC INNOVATION COMMITTEE Michael Carlos (Chairman), Calvin Grieder, Prof. Dr-Ing. Werner Bauer, Olivier Filliol • Assists the Board in scientific matters relating to the flavours, fragrances and cosmetics Industry • Identifies opportunities, proposes and screens potential innovation partner 1. All committee members were part of their respective committee(s) for the entire year of 20 21. The Board regularly reviews the list of competencies and has established a long-term skill matrix for the assessment of existing and required competencies, which is used as a basis for Board succession planning. Givaudan – 2021 Integrated Annual Report Value-based governance Eff ective and transparent corporate governance 127