OUR 2025 STRATEGY PROGRESS AGAINST OUR TARGETS Focus area Ta r ge t s Status 2021 Actions and measures Creations Sales Average organic sales growth of 4–5% on a like-for-like basis between 2021–2025 7﹒ 1 % Focussing on our strategic growth drivers , focussing on renewable, biodegradable and viable natural solutions; addressing health and wellbeing issues; expanding our portfolio ; greater collaboration and co-creation ; exploiting AI and digital opportunities; increasing operational efficiencies. Free cash flow Average free cash flow of at least 12% of sales between 2021–2025 12﹒6 % Nature Emissions OPERATIONS: Our operations’ carbon emissions (scope 1 + 2) will be cut by 70% before 2030 and will be climate positive before 2040 (baseline 2015) – 31 % Setting an internal carbon price ; fixing site environmental targets and assessments ; switching to renewable energy sources; promoting energy efficiencies ; signing the UN pledge ' Business Ambition for 1.5°C '. SUPPLY CHAIN: Our supply chain emissions (scope 3) will be cut by 20% before 2030 and will be climate positive before 2050 (baseline 2015) – 4 % Sourcing ingredients responsibly ; developing low-carbon creations; driving circularity and upcycling ; optimising packaging, logistics, transport of goods, business travel and employee commuting. Electricity Power 100% of our sites with renewable electricity by 2025 8 4 % Committing to RE100 since 2015 ; setting site renewable electricity targets; generating electricity on site. Water Improve water efficiency by 25% on sites facing water stress by 2030 (baseline 2020) – 4 % Driving continuous improvement using the 3R approach: 'reduce, reuse and recycle'; identifying shared water challenges and local stakeholder priorities in the watershed; implementing our wastewater standard ; carrying out water risk assessments; tracking site water quantity and quality. We will continuously improve water efficiency on all other sites flat 100% of our wastewater discharge will meet or exceed regulatory and industry standards by 2030 in progress Plastics 100% plastics circularity by 2030 in progress Becoming members of the advisory board of the Renewable Carbon Initiative (RCI) ; co-leading a WBCSD plastic and packaging workgroup defining a transition for B2B chemical products ; reducing our plastic usage and consumption . Waste Reduce waste by 4% per tonne of product, year-on-year average (baseline 2015) – 2 %¹ Applying circular principles in product design, sourcing, manufacturing and packaging; upcycling to re-use materials normally disposed of; acting on the principle of 'no waste by design'. People Diversity and inclusion We will be rated amongst the leading employers for inclusion globally before 2025 in progress Building more inclusive hiring practices : Inclusive job ads; balanced slates for hiring and promotion; hiring manager training. Fostering inclusive leadership development : Evolving our Leadership Development programmes; Better Balance approach; managing unconscious bias at work. 50% of our senior leaders will be from high growth markets before 2030 26 % 50% of our senior leaders will be women before 2030 26 % Caring for employee safety, health and mental wellbeing We will reduce our total recordable injury rate by 50% before 2025 (baseline 2018) – 22 % Investing in our plant and technical equipment ; further developing our Responsible Care Management System ; conducting periodic assessment of risk and control on-site ; expanding our behavioural safety programme : advanced safety leadership training and comprehensive worker trainings on health and safety . Everyone on our sites will have access to mental and physical health initiatives, tools and training before 2025 in progress Providing access to mental and physical health initiatives, tools and training for all employees such as: Employee Assistance Programme; happier, healthier habits circles; health and wellbeing communities of practice, Communities Sourcing responsibly 100% of materials and services sourced responsibly by 2030 (baseline 2021) in progress Implementing our Sourcing4Good programme ; responsible sourcing policy . Communities benefit by working with us Ambition to improve the lives of millions of people in communities where we source and operate by 2030 – targets being determined in progress Through employee activities, Green Teams and the Givaudan Foundation, develop initiatives that: respond to the needs within communities; support activities ranging from health and education to enhancing environmental and agricultural practices . 1. Absolute reduction since 2015. 24 St rategic value creation Pr ogress against our targets Givaudan – 2021 Integrated Annual Report