Sensient Technologies 8K Flavors & Fragrances Group reports Strong Revenue Growth and Profit Growth | SXT 17 Jul 20

Exhibit 99.2

Second Quarter 2020 Investor Presentation

2 sensient.com FORWARD-LOOKING STATEMENTS This document contains forward-looking statements that reflect management’s current assumptions and estimates of future economic circumstances, industry conditions, Company performance, and financial results. Forward-looking statements include statements in the future tense, statements referring to any period after June 30, 2020, and statements including the terms “expect,” “believe,” “anticipate,” and other similar terms that express expectations as to future events or conditions. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors concerning the Company’s operations and business environment. Important factors that could cause actual results to differ materially from those suggested by these forward-looking statements and that could adversely affect the Company’s future financial performance include the following: the impact and uncertainty created by the ongoing COVID-19 pandemic, including, but not limited to, its effects on our employees, facilities, customers and suppliers, the availability and cost of raw materials and other supplies, logistics and transportation, governmental regulations and restrictions and general economic conditions; the pace and nature of new product introductions by the Company and the Company’s customers; the Company’s ability to anticipate and respondto changing consumer preferences and changing technologies; the Company’s ability to successfully implement its growth strategies; theoutcome of the Company’s various productivity-improvement and cost-reduction efforts and acquisition and divestiture activities; the success of the Company’s efforts to explore strategic alternatives for certain non-core product lines; the effectiveness of the Company’s past restructuring activities; changes in costs of raw materials, including energy; industry, regulatory, legal, and economic factors related to the Company’s domestic and international business; the effects of tariffs, trade barriers, and disputes; growth in markets for products in which the Company competes; industry and customer acceptance of price increases; actions by competitors; currency exchange rate fluctuations; and other factors included in “Risk Factors” in the Company's Annual Report on Form 10-K for the year ended December 31, 2019, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, and in other documents that the Company files with the SEC. The risks and uncertainties identified above are not the only risks the Company faces. Additional risks and uncertainties not presently known to the Company or that it currently believes to be immaterial also may adversely affect the Company. Should any known or unknown risks and uncertainties develop into actual events, these developments could have material adverse effects on our business, financial condition, and results of operations. This release contains time-sensitive information that reflects management’s best analysis only as of the date of this release. Except to the extent required by applicable laws, the Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied herein will not be realized.

3 sensient.com NON-GAAP FINANCIAL MEASURES Within this document, the Company reports certain non-GAAP financial measures, including (1) adjusted revenue, adjusted operating income, adjusted net earnings, and adjusted diluted EPS (which exclude the results of the product lines divested or to be divested and the divestiture and other related costs), (2) percentage changes in revenue, operating income, diluted earnings per share, and adjusted EBITDA on an adjusted local currency basis (which eliminate the effects that result from translating its international operations into U.S. dollars, the results of product lines divested or to be divested, and the divestiture and other related costs), and (3) adjusted EBITDA (which excludes depreciation and amortization expense, non-cash share based compensation expense, the results of the product lines divested or to be divested and the divestiture and other related costs). The Company has included each of these non-GAAP measures in order to provide additional information regarding our underlying operating results and comparable year-over-year performance. Such information is supplemental to information presented in accordance with GAAP and is not intended to represent a presentation in accordance with GAAP. These non-GAAP measures should not be considered in isolation. Rather, they should be considered together with GAAP measures and the rest of the information included in this report. Management internally reviews each of these non-GAAP measures to evaluate performance on a comparative period-to-period basis and to gain additional insight into underlying operating and performance trends. The Company believes this information can be beneficial to investors for these same purposes. These non-GAAP measures may not be comparable to similarly titled measures used by other companies. Refer to “Non-GAAP Financial Measures” at the end of this document and on our website at www.sensient.com for reconciliations and additional information.

4 sensient.com Over 135 years of Industry Leadership Established in 1882 as Meadow Springs DistilleryEvolved into Universal Foods as a diversified food and ingredients companyName changed to Sensient Technologies Corporation in 2000Today, we are a provider of advanced technologies, serving markets with strong growth profiles through delivery of customized solutions for food and beverages, pharmaceutical, personal care, and other applications.

5 sensient.com Innovative Technologies Creating Unique Solutions Applications expertise and solutions-based sellingHigh impact relative to costTechnically-driven products that are difficult to replaceStrong consumer trendsOpportunities to grow organically and through M&A

6 sensient.com Focusing our portfolio and strengthening our commitment to the end markets Investing in core focus areas of Flavors and Extracts, NaturalIngredients, Food and Pharmaceutical Colors, and Personal CareDivesting non-core product lines (inks, fragrances, and fruit prep product lines) where Sensient lacks scale to competeThe sale of these product lines solidifies our focus on core strategic businesses and improves the Company’s future growth profile

7 sensient.com Global Revenue by Group * 2019 Global Revenues include intercompany sales which are eliminated on a consolidated basis. Color Group2019 Revenue: $535MCore Areas of Focus: Food and Pharmaceutical Colors and Personal CareFlavors and Fragrances Group2019 Revenue: $700MCore Areas of Focus: Flavors and Extracts, Natural Ingredients, and Other Flavor IngredientsAsia Pacific Group2019 Revenue: $118MCore Areas of Focus: Flavors and Colors for food and beverage

8 sensient.com Global market leaderNatural color innovatorUnmatched innovation & applications expertise Color Group

9 sensient.com Color Overview Food & Beverage(includes Pharmaceutical)Personal CareInks 63% of 2019 Segment Revenue LC Revenue Change Q2 ’20 +2.4%YTD ’20 +3.4%30% of 2019 SegLC Revenue Change Q2 ’20 (21.4%)YTD ’20 (10.3%)7% of 2019 SegLC Revenue ChangeQ2 ’20 (55.0%)YTD ’20 (31.1%) Market trend toward natural colors in food and beverageUnique value proposition for Pharmaceutical customers includes colors, flavors, coatings, and extractsment RevenueDemand for innovative products with multiple benefitsProduct line includes formulation aides and ingredients for color cosmetics, hair care, and skin carement RevenueCompleted divestiture in June 2020 2019 Revenue $535 Million * Local-currency (LC) revenue is a Non-GAAP metric, please see our GAAP to Non-GAAP Reconciliation at the end of this document.

10 sensient.com Flavors and Fragrances Group Broad product offeringUnique ability to service global,regional, and local customersLeading technology platformsUnmatched applicationsexpertise

11 sensient.com Flavors and Fragrances Overview Flavors, Extracts, and Flavor Ingredients 54% of 2019 Segment Revenue LC Revenue Change Q2 ’20 +3.8%YTD ’20 +1.5% Opportunities for on trend products with extracts, taste modulation and natural flavors 2019 Revenue $700 Million Natural Ingredients 31% of 2019 Segment Revenue LC Revenue Change Q2 ’20 +9.2%YTD ’20 +10.8% Leading provider of dehydrated onion, garlic, and other products Fragrances 12% of 2019 Segment Revenue LC Revenue Change Q2 ’20 +3.6%YTD ’20 +1.1% Targeted for divestiture Yogurt Fruit Prep 3% of 2019 Segment Revenue LC Revenue ChangeQ2 ’20 (40.2%)YTD ’20 (24.3%) Targeted for divestitureDefinitive agreement signed in June 2020; anticipated closing in Q3 of 2020 * Local-currency (LC) revenue is a Non-GAAP metric. Please see our GAAP to Non-GAAP Reconciliation at the end of this document.

12 sensient.com Asia Pacific Group Sensient’s sales of flavors and colors for Food & Beverage in the Asia Pacific markets are reported as a separate segment since they are managed on a geographic basisManufacturing capabilities in Australia, New Zealand, China, Japan, Philippines, Thailand, and India; R&D capabilities in Singapore, Thailand, and ChinaAnnual revenues of $118 million and operating income of $19 million in 2019Strong long-term growth potential

13 sensient.com 2020 Q2 Highlights Flavors & Fragrances Group sales were up solidly, driven by strong sales inNatural Ingredients and continued growth in finished flavors and extractsFood & Beverage Color sales were up 2.4% in the quarter and 3.4% year-to- date in local currencyColor Group sales were down in the quarter due to lower demand for makeup in the Personal Care business, which is in line with the marketAsia Pacific Group revenue declined due to COVID-19; however, profit grew double-digitsDivested Inks business in June and signed a definitive agreement for the sale of the yogurt fruit prep product line in June (anticipated closing Q3 of 2020) * Local-currency revenue is a Non-GAAP metric. Please see our GAAP to Non-GAAP Reconciliation at the end of this document and on our website at www.sensient.com.

14 sensient.com 2020 Segment Results Local Currency Adjusted Revenue* Q2 YTD Color (5.1%) (1.1%) Flavors & Fragrances 5.7% 4.6% Asia Pacific (1.4%) 3.5% Color Group second quarter revenue decreased due to lower volume in makeup in Personal Care offsetting continued growth in Food & Beverage Colors. Operating income declined as COVID impacts resulted in substantially lower volumes in Personal Care.Flavors & Fragrances Group reported higher revenue in the quarter as a result of solid sales in Natural Ingredients and a continued increase in sales of finished flavors and extracts.Operating income was up as a result of the higher volumes and the realization of the benefits from ongoing cost control efforts.Asia Pacific Group second quarter revenue declined due to COVID impacts in certain geographies. Operating income improved substantially due to product mix and the Group’s cost control plans yielding results. Local Currency Adjusted Operating Income* Q2 YTD Color (11.9%) (5.5%) Flavors & Fragrances 8.0% (4.1%) Asia Pacific 16.4% 17.8% * Local-currency adjusted revenue and adjusted operating income are Non-GAAP metrics. Please see our GAAP to Non-GAAP Reconciliation at the end of this document.

15 sensient.com 2020 Q2 Consolidated Results Q2 YTD Local Currency Adjusted Revenue* Flat +1.6% Local Currency Adjusted OperatingIncome* (11.8%) (9.4%) Local Currency Adjusted Diluted EPS* (9.9%) (7.6%) Local Currency Adjusted EBITDA* (4.3%) (4.4%) Q2 consolidated revenue decreased due to lower sales in makeup in Personal Care. COVID also impacted sales in LATAM, Europe, and Asia. The sales declines were offset by continued strength in Natural Ingredients, Food & Beverage Colors, and finished flavors and extracts.Q2 consolidated operating income was down versus prior year due to the significantly lower volume in makeup in Personal Care and higher year-over-year Corporate expenses. * Local-currency adjusted revenue, adjusted operating income, adjusted diluted EPS, and adjusted EBITDA are Non-GAAP metrics. Please see our GAAP to Non-GAAP Reconciliation at the end of this document and on our website at www.sensient.com.

16 sensient.com Capital Allocation Prioritize ROI capital projects Maintain dividend payout ratio Debt reduction to maintain targeted leverage Maintain financial flexibility to pursue M&A Excess capital returned to shareholdersthrough opportunistic share repurchases $137 $177 $50 $87 $77 $48 $48 $50 $54 $57 $62 $79 $80 $81 $56 $51 $39 $8 $31 $25 $9 $87 $- $50 $100 $150 $200 $250 $300 $350 2014 2015 2016 2017 2018 2019 DOLLARS IN MILLIONS Share Repurchase Acquisitions Dividends Debt Repayments Capital Expenditures

17 sensient.com 2020 Financial Outlook * Local-currency adjusted revenue, adjusted operating income, adjusted diluted EPS, and adjusted EBITDA are Non-GAAP metrics. Please see our GAAP to Non-GAAP Reconciliation at the end of this document and on www.sensient.com. The 2020 outlook, on an adjusted basis, provided above excludes the results of operations for the product lines we have divested or are planning to divest. Because it is uncertain when these divestitures will be consummated, it is difficult to predict their impact to our full year results.For reference, the product lines identified divested or to be divested represented approximately $140 million in 2019 annual revenue and approximately $2 million of 2019 annual operating income. Previous Guidance Current Guidance Diluted EPS (GAAP) $1.85 $2.15 $2.10 $2.35 Divestiture & Other Costs and Operational Result of Divested Operations 0.65 0.55 0.40 0.35 Foreign Currency Impact 0.10 0.10 0.10 0.10 Adjusted Diluted EPS in Local Currency $2.60 $2.80 $2.60 $2.80 Metric Guidance Adjusted Local Currency Revenue Low to mid-single digit growth Excludes revenue of product lines divested or to be divested Adjusted Operating Income Flat to down low-single digits Excludes divestiture and other related costsExcludes results of operations of product lines divested or to be divestedLower than prior year due to higher non-cash stock compensation expense Adjusted EBITDA Low to mid-single digit growth Excludes divestiture and other related costsExcludes results of operations of product lines divested or to be divested

18 sensient.com Why Invest? Strong competitive position‘Sticky’ business (& low portion of customer costs) Global presenceExposure to stable and growing markets Focused on improving returns and on growth

19 sensient.com Non-GAAP Financial Measures EPS Calculations may not foot due to roundingdifferences Non-GAAP Financial MeasuresWithin the following tables, the Company reports certain non-GAAP financial measures, including: (1) adjusted revenue, adjusted operating income, adjusted net earnings, and adjusted diluted EPS (which exclude the results of the product lines divested or to be divested and the divestiture and other related costs), (2) percentage changes in revenue, operating income, diluted earnings per share, and adjusted EBITDA on an adjusted local currency basis (which eliminate the effects that result from translating its international operations into U.S. dollars, the results of product lines divested or to be divested, and the divestiture and other related costs), and (3) adjusted EBITDA (which excludes depreciation and amortization expense, non-cash share based compensation expense, the results of the product lines divested or to be divested and the divestiture and other related costs)The Company has included each of these non-GAAP measures in order to provide additional information regarding the underlying operating results and comparable period-over-period performance. Such information is supplemental to information presented in accordance with GAAP and is not intended to represent a presentation in accordance with GAAP. These non-GAAP measures should not be considered in isolation. Rather, they should be considered together with GAAP measures and the rest of the information included in this report and the Company’s SEC filings. Management internally reviews each of these non-GAAP measures to evaluate performance on a comparative period-to-period basis and to gain additional insight into underlying operating and performance trends, and the Company believes the information can be beneficial to investors for the same purposes. These non-GAAP measures may not be comparable to similarly titled measures used by other companies. Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2020 June 30, 2019 June 30, 2020 June 30, 2019 Revenue (GAAP) $ 323,090 $ 339,186 $ 673,767 $ 686,699 Revenue of the product lines divested or to be divested (28,217) (36,356) (64,802) (75,377) Adjusted revenue $ 294,873 $ 302,830 $ 608,965 $ 611,322 Operating income (GAAP) $ 42,125 $ 47,368 $ 76,686 $ 96,788 Divestiture & other related costs – Cost of products sold 1,749 - 1,939 - Divestiture & other related costs (income) – Selling and administrative expenses (3,276) - 8,377 - Operating income of the product lines divested or to be divested (331) (345) (1,716) (377) Adjusted operating income $ 40,267 $ 47,023 $ 85,286 $ 96,411 Net earnings (GAAP) $ 30,620 $ 34,331 $ 51,393 $ 67,138 Divestiture & other related costs (income), before tax (1,527) - 10,316 - Tax impact of divestiture & other related costs 509 - (425) - Net earnings of the product lines divested or to be divested, before tax (331) (345) (1,716) (377) Tax impact of the product lines divested or to be divested 203 105 500 116 Adjusted net earnings $ 29,474 $ 34,091 $ 60,068 $ 66,877 Diluted earnings per share (GAAP) $ 0.72 $ 0.81 $ 1.21 $ 1.59 Divestiture & other related costs, net of tax (0.02) - 0.23 - Result of operations of the product lines divested or to be divested, net of tax - (0.01) (0.03) (0.01) Adjusted diluted earnings per share $ 0.70 $ 0.81 $ 1.42 $ 1.58

20 sensient.com Non-GAAP Financial Measures (Cont’d) * Local-currency adjusted revenue, adjusted operating income, adjusted diluted EPS, and adjusted EBITDA are Non-GAAP metrics. Please see our GAAP to Non-GAAP Reconciliation at the end of this document and on our website at www.sensient.com. Revenue Total Foreign Exchange Rates Product Lines Divested or to be Divested Adjusted Local Currency Total Foreign Exchange Rates Product Lines Divested or to be Divested Adjusted Local Currency Flavors & Fragrances 1.9% (2.0%) (1.8%) 5.7% 1.8% (1.5%) (1.3%) 4.6% Color (12.7%) (4.4%) (3.2%) (5.1%) (6.4%) (3.3%) (2.0%) (1.1%) Asia Pacific (3.9%) (2.5%) 0.0% (1.4%) 1.4% (2.1%) 0.0% 3.5% Total Revenue (4.7%) (2.9%) (1.8%) 0.0% (1.9%) (2.3%) (1.2%) 1.6% Operating Income Flavors & Fragrances 13.5% (1.3%) 6.8% 8.0% 1.0% (1.1%) 6.2% (4.1%) Color (20.1%) (3.7%) (4.5%) (11.9%) (10.6%) (3.0%) (2.1%) (5.5%) Asia Pacific 15.4% (0.9%) (0.1%) 16.4% 17.7% 0.0% (0.1%) 17.8% Corporate & Other 62.6% 0.0% (32.1%) 94.7% 123.4% 0.0% 80.1% 43.3% Total Operating Income (11.1%) (2.9%) 3.6% (11.8%) (20.8%) (2.3%) (9.1%) (9.4%) Diluted Earnings Per Share (11.1%) (2.5%) 1.3% (9.9%) (23.9%) (2.5%) (13.8%) (7.6%) Adjusted EBITDA (6.7%) (2.4%) N/A (4.3%) (6.3%) (1.9%) N/A (4.4%) The following table summarizes the percentage change in the 2020 results compared to the 2019 results for the corresponding periods: Three Months Ended June 30, 2020 Six Months Ended June 30, 2020

21 sensient.com Non-GAAP Financial Measures (Cont’d) Revenue Total Foreign Exchange Rates Local Currency Total Foreign Exchange Rates Local Currency Flavors, Extracts and Flavor Ingredients 1.2% (2.6%) 3.8% (0.4%) (1.9%) 1.5% Natural Ingredients 9.2% 0.0% 9.2% 10.8% 0.0% 10.8% Fragrances (0.4%) (4.0%) 3.6% (2.4%) (3.5%) 1.1% Yogurt Fruit Prep (40.2%) 0.0% (40.2%) (24.3%) 0.0% (24.3%) Flavors & Fragrances Group 1.9% (2.0%) 3.9% 1.8% (1.5%) 3.3% Food & Beverage and Pharmaceutical (2.0%) (4.4%) 2.4% 0.1% (3.3%) 3.4% Personal Care (24.8%) (3.4%) (21.4%) (13.2%) (2.9%) (10.3%) Inks (62.1%) (7.1%) (55.0%) (35.2%) (4.1%) (31.1%) Color Group (12.7%) (4.4%) (8.3%) (6.4%) (3.3%) (3.1%) Asia PacificTotal revenue including product lines divested or to be divested (3.9%)(4.7%) (2.5%)(2.9%) (1.4%)(1.8%) 1.4%(1.9%) (2.1%)(2.3%) 3.5%0.4% The following table summarizes the percentage change in the 2020 results compared to the 2019 results for the corresponding periods: Three Months Ended June 30, 2020 Six Months Ended June 30, 2020 * Local-currency revenue is a Non-GAAP metric. Please see our GAAP to Non-GAAP Reconciliation at the end of this document and on our website at www.sensient.com.

22 sensient.com Q2 Divested Operations Results by Segment Revenue 2020 Product Linesdivested or to be divested Adjusted 2020 2019 Product Linesdivested or to be divested Adjusted 2019 Flavors & Fragrances $ 183,611 $ (24,742) $ 158,869 $ 180,134 $ (27,295) $ 152,839 Color 121,296 (3,501) 117,795 138,912 (9,134) 129,778 Asia Pacific 27,873 (213) 27,660 29,002 (218) 28,784 Intersegment elimination (9,690) 239 (9,451) (8,862) 291 (8,571) Consolidated $ 323,090 $ (28,217) $ 294,873 $ 339,186 $ (36,356) $ 302,830 Operating Income Flavors & Fragrances $ 22,752 $ (1,619) $ 21,133 $ 20,050 $ (195) $ 19,855 Color 22,263 1,347 23,610 27,877 (95) 27,782 Asia Pacific 4,849 (59) 4,790 4,201 (55) 4,146 Corporate & Other (7,739) (1,527) (9,266) (4,760) - (4,760) Consolidated $ 42,125 $ (1,858) $ 40,267 $ 47,368 $ (345) $ 47,023 Three Months Ended June 30,

23 sensient.com YTD Divested Operations Results by Segment Revenue 2020 Product Linesdivested or to be divested Adjusted 2020 2019 Product Linesdivested or to be divested Adjusted 2019 Flavors & Fragrances $ 370,109 $ (52,187) $ 317,922 $ 363,687 $ (56,101) $ 307,586 Color 264,791 (12,573) 252,218 282,791 (19,414) 263,377 Asia Pacific 58,322 (334) 57,988 57,521 (326) 57,195 Intersegment elimination (19,455) 292 (19,163) (17,300) 464 (16,836) Consolidated $ 673,767 $ (64,802) $ 608,965 $ 686,699 $ (75,377) $ 611,322 Operating Income Flavors & Fragrances $ 43,623 $ (2,837) $ 40,786 $ 43,175 $ (88) $ 43,087 Color 51,927 1,214 53,141 58,076 (205) 57,871 Asia Pacific 9,908 (93) 9,815 8,419 (84) 8,335 Corporate & Other (28,772) 10,316 (18,456) (12,882) - (12,882) Consolidated $ 76,686 $ 8,600 $ 85,286 $ 96,788 $ (377) $ 96,411 Six Months Ended June 30,

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Sensient Technologies (SXT) 8-KFlavors & Fragrances Group reports Strong Revenue Growth and Profit Growth