The Givaudan UK Pension Plan's Statement of Investment Principles for the Plan was prepared in accordance with section 35 of the Pensions Act 1995. The Statement was made by the Trustees of the Plan and is effective as of February 25, 2021. The Trustees will review the Statement and the Plan's investment strategy every three years or after any significant change in investment policy. The Trustees consulted with the principal employer, Givaudan UK Limited, prior to writing the Statement and will take the Employer's comments into account when appropriate. The investment strategy of the Plan is the responsibility of the Trustees, who obtained written advice on the appropriate investment strategy and the preparation of the Statement from Aon Solutions UK Limited, an authorized and regulated firm by the Financial Conduct Authority. The Plan purchased a bulk annuity policy from Aviva in February 2021, which insures the members' liabilities.