Editorial of the global
manage­ment committee

Dear readers
and friends
of Symrise!

Long-term thinking is one of the main pillars of the corporate strategy of Symrise. In a world that is changing rapidly and dramatically, we firmly see that as a decisive condition for a successful development of the company. Climate protection, the conservation of natural resources, and living and working responsibly are becoming more influential in determining the social agenda. This is how Symrise actively supports the principles of responsible management enshrined in the United Nations Global Compact. In addition, there is a stronger focus on meeting the basic needs of people – for example nutrition and health – in a reliable manner. And digitalization and innovation are also very advanced and directly influence everyone’s life. Symrise strives to seize with determination the opportunities created by this transformation and to allow its customers, employees, shareholders and other stakeholders of the company to use them. Thinking beyond tomorrow.

Symrise stands out from its competitors through the breadth and depth of its business portfolio. Many years ago, we became the first company in the industry to begin moving into new business areas outside the traditional fragrance and flavor industry and tap into additional growth potential. A targeted backward integration for strategic raw materials guarantees a traceable, reliable and consistently high-quality supply. In order to harness the synergies of our portfolio to an even greater extent, we merged the Flavor and Nutrition business units into a new segment called Taste, Nutrition & Health in April, 2021. This way, we are better positioned to offer our customers integrated product solutions for taste, nutrition, well-being and health. A joint research pipeline, comprehensive customer support and synergies in the supply chain promote the growth and profitability of our activities.

The 2021 fiscal year was also full of success for Symrise. We reached strong organic sales growth of 9.6 % and the EBITDA margin reached 21.3 %. Because of our long-term growth momentum, the Symrise share rose in the leading German index DAX^®. Furthermore, we were recognized by the renowned international organization CDP for our commitment to protecting climate, water and forests with the triple highest score of “AAA” – the only company in Germany to achieve this and one of only 14 worldwide. The guidelines of our company – our corporate values, our purpose, our integrated corporate strategy – as well as the description of many large and small projects which form the foundation of our success may be found in our Corporate Report for 2021.

Sincerely,

The Executive Board of Symrise AG