Non-GAAP Financial Measures (Cont’d) Results by Segment Year Ended December 31, * For Revenue, adjustments consist of revenues of the divested product lines. For Operating Income, adjustments consist of the results of the divested product lines, divestiture & other related costs, operational improvement plan costs and income, and the 2020 COVID-19 employee payment. Adjusted Adjusted Adjusted Revenue 2021 Adjustments* 2021 2020 Adjustments* 2020 2019 Adjustments* 2019 Flavors & Extracts $ 739,427 $ (27,837) $ 711,590 $ 742,035 $ (99,543) $ 642,492 $ 700,356 $ (107,363) $ 592,993 Color 545,270 (2,080) 543,190 501,018 (14,008) 487,010 535,159 (36,002) 499,157 Asia Pacific 135,348 (295) 135,053 121,227 (518) 120,709 118,248 (712) 117,536 Intersegment elimination (39,781) 150 (39,631) (32,279) 516 (31,763) (30,829) 905 (29,924) Consolidated $ 1,380,264 $ (30,062) $ 1,350,202 $ 1,332,001 $ (113,553) $ 1,218,448 $ 1,322,934 $ (143,172) $ 1,179,762 Operating Income Flavors & Extracts $ 98,660 $ (2,368) $ 96,292 $ 90,974 $ (8,292) $ 82,682 $ 74,961 $ (1,236) $ 73,725 Color 103,575 575 104,150 96,034 871 96,905 101,190 (562) 100,628 Asia Pacific 26,330 (87) 26,243 22,075 (159) 21,916 19,382 (180) 19,202 Corporate & Other (58,537) 12,243 (46,294) (56,427) 18,516 (37,911) (74,423) 45,880 (28,543) Consolidated $ 170,028 $ 10,363 $ 180,391 $ 152,656 $ 10,936 $ 163,592 $ 121,110 $ 43,902 $ 165,012 Operating Margin Flavors & Extracts 13.3% 0.2% 13.5% 12.3% 0.6% 12.9% 10.7% 1.7% 12.4% Color 19.0% 0.2% 19.2% 19.2% 0.7% 19.9% 18.9% 1.3% 20.2% Asia Pacific 19.5% (0.1%) 19.4% 18.2% 0.0% 18.2% 16.4% (0.1%) 16.3% Consolidated 12.3% 1.1% 13.4% 11.5% 1.9% 13.4% 9.2% 4.8% 14.0% 15