Robertet SA
37 Avenue Sidi Brahim 06130 Grasse - France
Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660

WE WISH TO INFORM YOU THAT OUR CONDENSED INTERIM FINANCIAL STATEMENTS AS OF JUNE 30, 2021 ARE AVAILABLE ON OUR WEBSITE ROBERTET .

Robertet SA
37 Avenue Sidi Brahim 06130 Grasse - France
Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660

Information on the number of voting rights and shares
comprising the share capital

Article L.233-8 II du code de commerce Article 222-12-5 du Règlement général de l'AMF

Stock exchange: Euronext Paris Compartment: A

Compartment: A

Isin code: FR0000039091

Reporting Company

ROBERTET SA
37 Avenue Sidi-Brahim
06130 Grasse

04 93 40 33 66
www.robertet.com

Robertet SA
37 Avenue Sidi Brahim 06130 Grasse – France
Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660

First half-year 2021: Good

First half-year results 2021

21 September 2021

The Board of Directors met in Grasse on September 21, 2021 under the chairmanship of Mr. Philippe Maubert and approved the financial statements for the first half of the year, which had been reviewed by the statutory auditors.

Consolidated revenues amounted to 297.6 million euro, up 6.2% (10.6% at constant exchange rates).

Net income, Group share, amounted to 38 million euro, up 26.5% compared to June 2020.

Robertet Grasse and the United States performed particularly well, after a more difficult start to the year.

This demonstrates Robertet's resistance to the health crisis and its good command of operational management.

Current EBITDA at June 30 was also up by 9.1%, improving the performance indicators.

Over 2 years, from June 2019, the latter is up by 17.5% and net income by 29.4% reflecting continued progress in key parameters.

As of August 31, 2021, consolidated revenues were 401.5 million euro, up 9.6% (13.8% at constant exchange rates).

Notre rapport financier semestriel sera disponible le 30 septembre sur notre site internet.

ADDITIONAL INFORMATION

*Current EBITDA corresponds to current operating income before depreciation, amortization, provisions and reversals and excluding other operating expenses, considered as non-current.

The table showing the reconciliation of current EBITDA from current operating income is as follows:

There has been an improvement in this indicator, which represents 20.6% of revenues compared with 20.0% at the end of June 2020, mainly due to the good performance of gross margins in all the Group's entities and the control of personnel costs.

The main balance sheet indicators are as follows:

They reflect the Group's excellent financial strength, with a continued high level of net cash and equity, against a background of external acquisitions and increased working capital requirements.

As of June 30, 2021, revenues break down as follows:

Robertet SA

37 Avenue Sidi Brahim 06130 Grasse – France

Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660

Robertet is pleased to announce the acquisition of a majority stake of Astier Demarest. Astier Demarest is a family business founded in 1880 in Grasse specialized in the sourcing and distribution of raw materials for perfumery, cosmetics, aromatherapy and food flavouring sectors. This investment reaffirms the Group's determination to remain the world leader in aromatic ingredients and strengthens our competitive edge in sustainable sourcing of Natural products with a reinforced presence at the source on strategic products for our industry.

François and Bruno Destoumieux will remain as leaders of the company with the support of the Group to develop sustainably sourced ingredients and enlarge their distribution with Robertet's range of natural and organic products.

« We are proud to welcome Astier Demarest into the Robertet family and we look forward to combining the strengths of both organizations to better fit the growing needs of traceability and transparence. This acquisition will help consolidate our leadership in Natural ingredients and develop ambitious projects for the future. »

Julien Maubert,

Director Raw Materials Division, Robertet

« Astier Demarest is excited to begin the next chapter of its history as a part of Robertet Group. The complementary nature of this combination is evident in the family-owned and operated nature of our companies but also in our shared vision of a strongly integrated and sustainable sourcing of natural ingredients. »

François Destoumieux,

President, Astier Demarest

About Robertet :

ROBERTET S.A. was founded in 1850 in Grasse, France and is the worldwide leader in Naturals. Robertet is the only fragrance, flavor and ingredient company fully integrated at each step of the creation process – from the source ingredient to the final product. Today, Robertet is represented in over 50 countries and has approximatively 2 000 employees worldwide.

Visit www.robertet.com for further details.

About Astier Demarest :

Astier Demarest was established in 1880 in Grasse and expanded over the in the sourcing and distribution of raw materials for the sectors of perfumery, cosmetics, aromatherapy and food flavouring. Astier Demarest developed a historical network of suppliers and partners to assure a high level of quality and traceability at every step of the supply chain.

Visit www.astierdemarest.com for further details.

Robertet SA
37 Avenue Sidi Brahim 06130 Grasse - France
Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660

Information on the number of voting rights and shares
comprising the share capital

Article L.233-8 II du code de commerce Article 222-12-5 du Règlement général de l'AMF

Stock exchange: Euronext Paris Compartment: A

Compartment: A

Isin code: FR0000039091

Reporting Company

ROBERTET SA
37 Avenue Sidi-Brahim
06130 Grasse

04 93 40 33 66
www.robertet.com

Robertet SA

37 Avenue Sidi Brahim 06130 Grasse – France

Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660

26 May 2021

Robertet is pleased to announce that they have acquired Ecom Food Industries of Toronto, Canada. Ecom is a North American based leader and manufacturer of specialty natural flavors and extracts. Ecom is focused on providing all-natural products and value-added services to the food and beverage, health, nutraceutical and cosmetic industries.

“The Ecom client and product portfolio perfectly complements Robertet's own and we look forward to combining the strengths of both organizations to better serve consumer needs. Our DNA is a product line consistent with all natural, botanically sourced ingredients and value added products to suit consumer needs. Ecom fits perfectly within this strategy and we look forward to welcoming Ecom into the Robertet family.” – Philippe Maubert, Chairman, Robertet Groupe.

“Ecom is excited to begin the next chapter of its history as a part of the Robertet Group and its more than 170-year history in this industry as one of its pillars. The complementary nature of this combination is evident in the family-owned and operated nature or our companies.” – David Soknacki, Founder, Ecom Food Industries.

About Robertet

ROBERTET S.A. was founded in 1850 in Grasse, France and is the worldwide leader in Naturals. Robertet is the only fragrance, flavor and ingredient company fully integrated at each step of the creation process – from the source ingredient to the final fragrance and flavor. Today, Robertet is represented in over 50 countries and has approximately 2,030 employees worldwide.

Visit www.robertet.com for more details.

About Ecom Food Industries

Ecom Food Industries was established in 1986 with an expansion into botanical extraction and various specialty blends over the years. Additional product lines in antioxidants, natural flavors and the health and beauty arena complement these businesses. With 35 employees, Ecom is based in Toronto, Canada.

Visit www.ecomfoods.com for more details.

Conexus Capital Advisors (www.conexus-ca.com) initiated the transaction and assisted in the negotiations.

Robertet SA
37 Avenue Sidi Brahim 06130 Grasse - France
Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660

WE WISH TO INFORM YOU THAT OUR 2020 FINANCIAL REPORT IS AVAILABLE ON OUR WEBSITE ROBERTET .

Robertet SA
37 Avenue Sidi Brahim 06130 Grasse - France
Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660

ROBERTET 2020 – A VERY STRONG RESILIENCE

27April 2021

Robertet's Board of Directors was held in Grasse on 27 April 2021 under the chairmanship of Mr Philippe Maubert.

Despite the health risk, the Group, relying on its solid fundamentals, has obtained relatively satisfactory results.

Consolidated revenues amounted to 538 million euro, down 2.9%. At constant exchange rates this figure is stable.

The results were very good, benefiting from the moderation of overheads and the price of raw materials.

Consolidated net profit amounted to 50.6 million euro, down 4.6%.

Particularly favorable is the increase in current EBITDA of 2.3%, representing almost 18% of sales.

The net cash position of 63.6 million Euros allows the Group to plan its future investments.

Consolidated revenues at March 31, 2021 amounted to 145.5 million euro, down 3.1%, which does not call into question the outlook for the year 2021. At constant exchange rates, consolidated revenues increased slightly by 0.9%.

A combined general meeting will be convened in camera for June 9, 2021 at 11:00 a.m., in view of the health restrictions.

A dividend of 5.6 euros per share will be proposed, compared with 5 euros the previous year, returning to the pre-Covid level.

The annual financial report will be available on 30 April on the Robertet website.

ADDITIONAL ELEMENTS :

Recurring EBITDA corresponds to recurring operating income before depreciation, amortization, provisions and reversals and excluding other operating expenses, considered as non-current.

The table showing the reconciliation of current EBITDA from current operating income is as follows:

There has been an improvement in this indicator, which represents 17.9% of revenues vs. 17.0% at the end of 12/2019, mainly thanks to an improvement in the gross margin and control of overheads in all the Group's entities and divisions.

The main balance sheet indicators are as follows:

( *) Net cash = cash and cash equivalents + other current financial assets - financial liabilities (including financial liabilities under IFRS16)

These figures reflect a very significant improvement in the Group's net cash position over the year 2020, as well as a continued high and growing level of consolidated equity.

As of March 31, 2021, at constant exchange rates, consolidated revenues were up slightly (+0.9%), with sales in USD representing 42.8% of consolidated revenues for the first three months of the year.

There is no change in the scope of consolidation compared to the first quarter of 2020.

Robertet SA
37 Avenue Sidi Brahim 06130 Grasse - France
Société anonyme au capital de 5 754 612 € Rcs Grasse B 415 750 660

2020
SATISFACTORY PERFORMANCE IN A DIFFICULT CLIMATE

Sales revenue
(In thousands of euros)

Robertet's Board of Directors met on 23 February 2021 under the chairmanship of Mr Philippe MAUBERT and reviewed the Group's activity and its unaudited results for the 2020 financial year.

The Group's performance is in line with forecasts. The year 2020 was marked by the Covid 19, which was penalizing.

Sales have been impacted, even though Robertet has managed to maintain normal production activity, efficient customer service and operational Creation and Development departments over the period.

Robertet has shown solid resilience despite a significant drop in sales at Robertet Grasse (-9%), but with good stability at Robertet USA, significant growth at Robertet Asia (+16%) and promising development at the Health & Beauty division.

Costs were well controlled and the Gross Product Margin percentage improved thanks to the overall decrease in the price of raw materials purchased.

Current EBITDA is expected to be higher than in 2019.

Unaudited net profit is around €50 million lower than 2019 by 5%.

The final 2020 results will be published before April 30, 2021.