Market Overview

IFF-LMR Naturals Leads Industry with 90 Certified Vegan Natural Extracts

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Regulatory News:

IFF-LMR,
a subsidiary of International Flavors & Fragrances Inc (NYSE:IFF)
(Euronext Paris: IFF) (TASE: IFF) announced their industry-leading
position of 90 natural extracts in their portfolio certified vegan by
the EVE
(Expertise Vegan Europe) VEGAN
standards. The certified extracts
include Rose EssentialTM, Rose UltimateTM,
Blackcurrant Buds Absolute, Ylang Oil Complete, Vetiver Oil Haiti,
Patchouli Oil Indonesia, and Geranium Heart Oil, among many others.

Bertrand de Preville, General Manager, IFF-LMR said, "Our people are
passionate about creating the finest ingredients and together, we are
committed to delivering premium, 100% pure and natural extracts. We
believe in transparency, environmental management and sustainable
development." Mr. de Preville continued, "This certification of 90
extracts is in line with IFF-LMR's continuous dedication to our planet,
people, plants and animals."

The EVE VEGAN label was selected because it is considered one of the
most rigorous and complete in the industry. Its standard requires,
amongst others, the absence of ingredients, technical agents and
packaging of animal origin, as well as the absence of substances tested
on animals. The EVE VEGAN certification is recognized worldwide and
guarantees that IFF-LMR ingredients respect the essential principles of
veganism according to international criteria.

In addition to the vegan certification of 90 extracts, IFF-LMR
operations and products are the recipients of multiple certifications,
attesting to the care and rigor with which they operate. Three sites are
certified organic compliant; nine products have ECOCERT For Life
certifications; and its Grasse, France headquarters is certified across
five areas: organic, kosher, For Life – social responsibility, ISO
9001:2015 and ISO 14001:2015 for quality and environmental management.

IFF-LMR began in 1984 as Laboratoire Monique Remy (LMR) in Grasse,
France, the historic cradle of perfumery. Launched with a passion to use
the best natural flowers, plants, spices and resins to create the
highest quality natural essential oils, concretes, and absolutes for
perfumery, the company was acquired by IFF in 2000. Since its founding,
IFF-LMR has strengthened and deepened its focus on vertical integration
of key capabilities, helping to deliver some of the finest natural
ingredients in the industry. More information on IFF-LMR and their
products, as well as their fragrance product compendium, can be seen on
their website.

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Meet IFF

International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF)
(TASE: IFF) is a leading innovator of scent, taste, and nutrition, with
over 110 manufacturing facilities, 100 R&D centers, and 33,000 customers
globally. At the heart of our company, we are fueled by a sense of
discovery, constantly asking "what if?". That passion for exploration
drives us to co-create unique products that consumers experience in more
than 150,000 unique products sold annually. Our 13,000 team members
globally take advantage of leading consumer insights, naturals
exploration, research and development, creative expertise, and customer
intimacy to develop differentiated offerings for consumer products.

Learn more at www.iff.com,
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, Facebook,
Instagram,
and LinkedIn.

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