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Reporting period

The Sustainability section includes information from the combined entity for 12 months (DSM and Firmenich are reported as of 1 January 2023). The sustainability data in this Report cover all entities that belong to the scope of the Consolidated financial statements. If this is not the case this is mentioned specifically. As this is the first year of reporting for dsm-firmenich, no comparative data is available for 2022. For more information, see Sustainability statements.

As DSM and Firmenich announced their merger in May 2022 we set forth creating a new, integrated and engaged organization making us a great company to work with and work for. Close to 30,000 colleagues make the difference every day to bring progress to life. Their engagement, commitment and dedication ensure that we can delight our customers and offer innovative solutions.

Coming together as dsm-firmenich has kickstarted an inclusive and comprehensive program to shape a new, shared culture, carried by values and behaviors that will underpin what we stand for and how we make choices in our day-to-day delivery with our customers and stakeholders. We announced our new dsm-firmenich values in May 2023 together with our purpose: We bring progress to life. Having shared values is an essential driver for success in our integration.

Additionally, our priorities have centered around landing a new operating model for dsm-firmenich in which we work together as a newly formed Group, made of Business Units and Business Partners. Providing clarity to our colleagues around the world on their new roles and responsibilities has been paramount and we successfully finalized most of our people appointments by year-end 2023, while executing on our plans for integrated rewards, people development, well-being, engagement, inclusion and diversity.

The legacy companies have historically put their people at the heart of their organizations. With this shared heritage we are committed as dsm-firmenich to continue on this track. We are proud of the shared passion and capabilities that will enable our long-term success.

GRI

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