Appendix Ordinance against Excessive Compensation at Listed Stock Companies (OaEC) The provisions of this Ordinance apply to joint-stock companies pursuant to Articles 620 – 76 2 of the Swiss Code of Obligations (OR) whose shares are listed on a stock exchange in Switzerland or abroad. The Ordinance allows companies to specify the amount of additional remuneration that could be paid to any member of executive management who joins after the shareholder resolution on aggregate remuneration. Purpose: Creating for happier, healthier lives with love for nature. Let’s imagine together Givaudan’s purpose announced in 2019 and is the Company’s guiding star to drive sustainable long-term performance while leading the way to improve happiness and health for people and nature. It is supported by bold, measurable ambitions in the areas of creations, nature, people and communities. RE100 initiative RE100 is a collaborative, global initiative uniting more than 100  influential businesses committed to 100% renewable electricity, working to massively increase demand for – and delivery of – renewable energy. Responsible Sourcing Policy The Responsible Sourcing Policy is a code of conduct for Givaudan’s suppliers that requires them to adhere to the same high ethical standards. It was launched in 2016 and was the first in the industry. Restricted Share Units (RSUs) An RSU offers employees the prospect of acquiring a certain number of shares at a later date, either in return for payment or on preferential terms. RSUs are subject to a vesting clause. Between allocation and vesting, RSUs are therefore considered as entitlements to employee shares. They are subject to one or more conditions precedent during the vesting period and are therefore not irrevocably vested until the vesting date if the conditions are met. Sustainability Accounting Standards Board (SASB) SASB Standards are available for 77 industries and guide the disclosure of financially material sustainability information by companies to their investors. In 2021, the SASB organization merged together with the IIRC into the Value Reporting Foundation. Science Based Targets (SBTs) The Science Based Targets initiative is a collaboration between CDP, the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the World Wide Fund for Nature (WWF), and is one of the We Mean Business Coalition commitments. The initiative enables companies to set targets in line with the 2015 Paris Agreement of limiting global warming to a maximum of 2°C and transitioning to a low-carbon economy. Sedex Members Ethical Trade Audit (SMETA) SMETA is an audit methodology that provides a compilation of best practice ethical audit techniques. It is designed to help auditors conduct high quality audits that encompass all aspects of responsible business practice, covering Sedex’s four pillars of Labour, Health and Safety, Environment and Business Ethics. Supplier Ethical Data Exchange (Sedex) Sedex is a not-for-profit membership organisation dedicated to driving improvements in responsible and ethical business practices in global supply chains. Givaudan engages with Sedex both for the assessment of its production sites and for the assessment of its suppliers. Sustainable Development Goals (SDGs) The SDGs are a set of 17 global goals defined by the United Nations in 2016 to replace the Millennium Development Goals (MDGs). The goals comprise several sub-targets and indicators to measure progress and are to be met by 2030. Nations and businesses are called to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. Swiss Code of Best Practice for Corporate Governance The ’Swiss Code’ issued by economiesuisse in 2006 provides guidelines and recommendations for good governance in public companies. Task Force on Climate-related Financial Disclosures (TCFD) Voluntary reporting recommendations introduced by the Financial Stability Board (FSB) to support the climate goals of the 2015 Paris Agreement. The TCFD seeks to present the specific risks and opportunities of climate change and identify the impact of these risks and opportunities on companies and financial markets. Total recordable injury rate (TRCR) Is the total of lost time injuries, restricted work cases and medical treatment cases per 200,000 hours worked. Total shareholder return (TSR) Total return of a stock, including change in stock price and shareholder distributions. United Nations Global Compact (UNGC) The UNGC is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with 10 universally accepted principles in the areas of human rights, labour, environment and anti-corruption. Value Reporting Foundation In 2021, the IIRC and SASB merged together to create the Value Reporting Foundation: a global nonprofit organisation that offers a comprehensive suite of resources designed to help businesses and investors. Givaudan – 2021 Integrated Annual Report Appendix Gl ossary 171