| G4-DMA

Generic Disclosures on Management Approach

Symrise has committed itself to safeguarding human rights – for our own employees as well as those of our external partners. By signing the United Nations Global Compact, we officially announced our support for the protection of international human rights and for ensuring that we do not violate these rights ourselves.

Upholding human rights for our employees is our top priority. Our Integrated Management System is binding throughout the company and based on the provisions of the SA 8000 social accountability standard. This standard is based on the conventions of the International Labor Organization (ILO), the Universal Declaration of Human Rights and the UN Convention on Children’s Rights. Humane working conditions, decent employment and due consideration for the social aspects of employment are the foundation for how we act at every location. The abuse of employees’ rights or safety at work provisions is illegal and is not tolerated in any form at Symrise. We attach great importance to participation by employees’ representatives in the spirit of partnership. A clear commitment to freedom of association and the right to membership in a labor union are a matter of course for us. Around the world, the overwhelming majority of our employees are covered by collective bargaining agreements.

We also must ensure compliance with human rights in our supplier management and sourcing structure. With the help of a systematic management approach, we ensure that suppliers meet our standards. As part of this, new suppliers must provide information on their sustainability programs, social responsibility guidelines within their supply chains and compliance with ethical standards. We require the safeguarding of general human rights, an undertaking not to make use of child labor or forced labor of any form, and compliance with statutory health and safety at work requirements. Furthermore, we expect our suppliers to allow their employees the right to freedom of assembly and collective bargaining, to observe at least the statutory provisions on working times and pay, and to make a clear commitment against discrimination and abuse. These standards constitute part of our Group-wide risk management system. As part of this, we carry out systematic risk and performance assessments of all suppliers on the basis of economic, ecological and social aspects.

To increase supply security regarding key raw materials, Symrise has for years successfully pursued a backward integration approach. With regard to important core competences, we have deliberately chosen locations for our international production facilities where the raw materials in primary use are available locally. We not only purchase our raw materials there but are also integrated into in the local economy, produce there and create value there. With this integrative approach, we support local socioeconomic structures and can directly monitor compliance with our ethical principles. For the backward integration of our supply chain, we established corporate guidelines on due diligence and defined corresponding processes that also consider environmental and social risks.