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The sales growth of the region was driven by the beverages, dairy and snack segments. Europe Sales in Europe increased by 6.3% on a like-for-like basis. The mature markets of Italy and Ireland achieved double-digit growth followed mid to high single-digit growth in Germany, Belgium and Spain. In the high growth markets there was excellent business momentum driven by double-digit growth in Russia and Poland. From a segment perspective, the growth was mainly achieved in beverages, sweet goods, savoury and snacks. North America On a like-for-like basis, sales in North America increased by 5.8%, driven by strong performance in the Beverages and Savoury segments. The performance was a result of new wins, a rebound in Foodservice and the growth of existing business in Beverages, immunity products, Savoury, and Sweet Goods. Latin America Sales in Latin America increased 19.3% on a like-for-like basis, led by strong double-digit volume growth in Mexico, Brazil, Colombia, Chile and Argentina, and across all segments. The Group has aligned the reporting of the regional performance of Givaudan Taste & Wellbeing with changes in the management structure of the business, effective 1 January 2021. For information, the comparable growth for 2020 for South Asia, Africa and the Middle East was 0.7% and for Europe 1.6% respectively. Taste & Wellbeing – EBITDA in millions of Swiss francs Taste & Wellbeing – Operating income in millions of Swiss francs Taste & Wellbeing – Total gross investments in millions of Swiss francs 2021 2020 2019 2018 2017      2021 2020 2019 2018 2017      2021 2020 2019 2018 2017      Givaudan – 2021 Integrated Annual Report Financial value creation Bu siness performance – Taste & Wellbeing 45 Financial value cration

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