On February 21, 2023, Stephen Williamson notified International Flavors & Fragrances Inc. of his decision to resign as a director from the Board of Directors of the Company, effective March 10, 2023. Mr. Williamson advised the Company that his decision did not result from any disagreement with the Company, its management or the Board on any matter, whether related to the Company's operations, policies, practices or otherwise. In addition, on February 21, 2023, Matthias Heinzel and Edward D. Breen informed the Company of their respective decisions not to stand for reelection at the Company's 2023 Annual Meeting of Shareholders.

Mr. Heinzel and Mr. Breen have each served as directors of the Board since 2021 and intend to retire from the Board upon the expiration of their respective terms at the 2023 Annual Meeting. Mr. Heinzel and Mr. Breen have advised the Company that their respective decisions to retire from the Board did not result from any disagreement with the Company, its management or the Board on any matter, whether related to the Company's operations, policies, practices or otherwise. On February 21, 2023, Kevin O'Byrne was appointed to serve as a member of the Board of the Company, effective March 10, 2023, and he will be named to each of the Board's Audit Committee, Innovation Committee and Transaction Committee.

Mr. O'Byrne, age 58, is Chief Financial Officer and Director of J Sainsbury Plc., since 2017. He was previously Chief Executive Officer of Poundland Group Plc until December 2016 and held executive roles at Kingfisher Plc from 2008 to 2015, including Divisional Director UK, China and Turkey, Chief Executive Officer of B&Q UK & Ireland and Group Finance Director.