Businesses & functions • Constant engagement with employees of the businesses and functions Management tools • Ambitions • Policies / Pr inciples of Conduct • Risk management / pr ecautionary principle • Corporate Governance • External assessments Stakeholders • Constant engagement with internal and external stakeholders • Directing our business efforts towards the broader needs of our relevant stakeholder groups Partners and advisors • Partnering with experts and external bodies for collaboration on key matters such as purpose, sustainability, innovation and more BOARD OF DIRECTORS Responsible for the ultimate direction, strategic supervision and control of the management of the Company, including reviewing the overall progress and direction of the company purpose. 4 COMMIT TEES Audit • Compensation • Nomination & Governance • Innovation EXECUTIVE COMMITTEE Led by the CEO. Responsible for all areas of operational management that the Board has delegated to it, including decisions on the direction and commitments related to our purpose. 7 MEMBERS Chief Executive Officer • Chief Financial Officer • President Taste & Wellbeing • President Fragrance & Beauty • Head of Global HR and Evironment Health & Safety • Head of Global Procurement and Sustainability • Head of GBS The governance structure Our structures and processes for the direction and control of our Company allow for a continued focus on value creation for all our stakeholders as well as nature, in line with our purpose. Givaudan ▸ 2021 Integrated Annual Report 124 Value-based governance Eff ective and transparent corporate governance