ROBERTET: ROBERTET GROUP: 2023 TURNOVER – 02/16/2024 at 6:00 p.m.

Robertet SA

37 Avenue Sidi Brahim 06130 Grasse – France

Limited company with capital of €5,763,972.50 RCS Grasse B 415 750 660

2023 ACTIVITIES

The Robertet Board of Directors met on February 15, 2024 under the Chairmanship of Mr. Philippe Maubert, to examine the 2023 activity and a trend of results.

February 15, 2024.

*Estimated and unaudited annual turnover

As of December 31, 2023, the analysis of the variation in turnover, between scope effect, currency effect and organic growth is as follows:

*Estimated and unaudited annual turnover

Revenue for 2023 is up +2.6%, including +1.5% at constant scope.

At constant exchange rates, the Group’s growth is +5.5%. At comparable exchange rates and scope, the Group’s organic growth is +4.5%.

Robertet’s divisions will evolve as follows in 2023:

– Raw Materials represent 23.2% of turnover and are down -9.6% due to the prolonged decline in aromatherapy in the United States and organic products.

– Perfumery represents 37.9% of turnover and is growing dynamically by +9.3%, driven by the great successes of emerging brands and their international expansion.

– Flavors represent 36.0% of turnover and increase by +5.1%, which reflects the good health of the division in a market which contracted in 2023.

– the Health & Beauty division represents 2.9% of turnover, up +3.9% and which continues its international commercial deployment with high-quality natural active ingredients.

Organic growth of +4.5% was driven by North America, Asia and South America, while it remained stable in Europe.

The 2023 audited results will be available in our annual financial report on April 19, 2024 on our website. 2023 EBITDA will increase; the EBITDA/CA ratio will be down slightly compared to the rate of 18.3% in 2022.

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