SOCIAL Sustainable performance review For the year ended 31 December, in millions of Swiss francs, except for environment and social data 2021 2020 Percentage change Economic Group sales 6,684 6,322 5.7% Like-for-like sales growth 7. 1 % 4.0% Gross profit 2,855 2,659 7. 4 % as % of sales 42.7% 42.1% EBITDA ¹ 1,482 1,397 6.0% as % of sales 22.2% 22.1% R&D spend 562 536 4.7% as % of sales 8.4% 8.5% Operating income 1,089 996 9.3% as % of sales 16.3% 15.8% Net income 821 743 10.5% as % of sales 12.3% 11.8% Operating cash flow 1,288 1,189 8.3% as % of sales 19.3% 18.8% Free cash flow 843 811 3.9% as % of sales 12.6% 12.8% Total assets 11,420 10,658 7. 1 % Net debt 4,394 4,040 8.8% Leverage ratio 51% 50% Share price as of last trading day of December (CHF) 4,792 3,730 28.5% Cash dividend ² (CHF) 66 64 3.1% Earnings per share − basic (CHF) 89.03 80.59 10.5% Environmental Absolute GHG Emissions scope 1 + 2 ³ (3 1%) (24%) Absolute GHG Emissions scope 3 ³ (4% ) (2%) Renewable electricity (RE 100 compliant) ³ 84% 65 % Water efficiency ⁴ (4 %) N/A Waste efficiency ⁵ ( 2%) (10%) Social Number of employees as at 31 December (FTE) 16,842 15,852 6.2% Women in total work force ⁶ 39% 39% Women in senior management 26% 25% Turnover rate 10% 9% Lost time injury rate ⁷ 0.3 4 0.25 36.0% 26 % 1﹒4 % – 22 % Women in senior management Average base salary difference between men & women¹ Reduction of recordable injur y rate since 2018 Our impact in 2021 Creating growth for our business, society and the planet. 1. EBITDA defined as Earnings before interest (and other financial income ( expense), net), Tax, Depreciation and Amortisation, corresponds to operating income before depreciation, amortisation and impairment of long-lived assets. 2. 2021 dividend subject to shareholder approval at the AGM on 24 March 20 22. 3. 2020 figures restated to include acquisitions. 4. On sites facing water stress, baseline year 2020. For municipal and groundwater (m³) per tonne of production. 5. Tonnes of incinerated and landfill waste per tonne of production compared to 2015. 6. Ex cludes all acquisitions except Activ International in 2020 and in 2021 Activ International & drom integrated entities 7. The 2021 increase is due to the inclusion of acquisitions. N ote: Like-for-like excludes the impact of currency, acquisitions and disposals. 1. Re sults for the Givaudan Group globally, fo r equivalent roles and skill sets. Givaudan – 2021 Integrated Annual Report 6 A year in review Ou r impact in 2021