Sensient Technologies Corporation First Quarter 2025 Earnings Call April 25, 2025

Non-GAAP Financial Measures 2 Within this document, the Company reports certain non-GAAP financial measures, including: (1) adjusted operating income, adjusted net earnings, and adjusted diluted earnings per share, which exclude restructuring and other costs, including the Portfolio Optimization Plan costs, (2) percentage changes in revenue, operating income, and diluted earnings per share on an adjusted local currency basis, which eliminate the effects that result from translating its international operations into U.S. dollars and restructuring and other costs, including the Portfolio Optimization Plan costs, and (3) adjusted EBITDA and adjusted EBITDA Margin (which exclude Portfolio Optimization Plan costs and non-cash share based compensation expense). 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, 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.

Forward Looking Statements 2 This document contains statements that may constitute “forward-looking statements” within the meaning of Federal securities laws including under “2025 Financial Outlook”, “Long-Term Outlook”, and “Consolidated Full Year 2025 Outlook” in this presentation. 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 Company’s ability to manage general business, economic, and capital market conditions, including actions taken by customers in response to such market conditions, and the impact of recessions and economic downturns; the impact of macroeconomic and geopolitical volatility, including inflation and shortages impacting the availability and cost of raw materials, energy, and other supplies, disruptions and delays in the Company’s supply chain, and the conflicts between Russia and Ukraine and in the Middle East; industry, regulatory, legal, and economic factors related to the Company’s domestic and international business; the effects of tariffs, trade barriers, and disputes; the availability and cost of labor, logistics, and transportation; the pace and nature of new product introductions by the Company and the Company’s customers; the Company’s ability to anticipate and respond to changing consumer preferences, changing technologies, and changing regulations; the Company’s ability to successfully implement its growth strategies; the outcome of the Company’s various productivity-improvement and cost-reduction efforts, acquisition and divestiture activities, and Portfolio Optimization Plan; growth in markets for products in which the Company competes; industry and customer acceptance of price increases; actions by competitors; the Company’s ability to enhance its innovation efforts and drive cost efficiencies; 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, 2024, 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 presentation contains time-sensitive information that reflects management’s best analysis only as of the date of this presentation. 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.

Q1 2025 Consolidated Results 5 (1) See appendix for our GAAP to Non-GAAP reconciliations.

Revenue Strong growth across all product lines in the quarter driven by new sales wins in natural colors Operating Results Strong operating leverage in the quarter due to volume growth Adjusted EBITDA Margin1 for the Group was 24.4% in Q1 2025, up 120 bps from Q1 2024 Color Group Performance Local Currency1 Results Commentary 6 (1) See appendix for our GAAP to Non-GAAP reconciliations.

Revenue Strong growth within Flavors, Extracts, and Flavor Ingredients Operating Results Operating leverage improved in the quarter due to growth within the Flavors, Extracts, and Flavor Ingredients business Adjusted EBITDA Margin1 for the Group was 16.9% in Q1 2025, up 70 bps from Q1 2024 Flavors & Extracts Group Performance Local Currency1 Results Commentary 7 (1) See appendix for our GAAP to Non-GAAP reconciliations.

Revenue Growth driven by new sales wins across the region Operating Results Growth driven by higher sales across the Group Adjusted EBITDA Margin1 for the Group was 23.9% in Q1 2025, up 50 bps from Q1 2024 Asia Pacific Group Performance Local Currency1 Results Commentary 8 (1) See appendix for our GAAP to Non-GAAP reconciliations.

Local Currency Revenue2 Growth rate of mid-single-digit Local Currency Adjusted EBITDA2 Growth rate of high single-digit 9 (1) Represents outlook as of our earnings release provided on April 25, 2025, and does not constitute an update or reissuance as of any later date. (2) See appendix for our GAAP to Non-GAAP reconciliations. Business Outlook1 Long-Term Outlook Local Currency Revenue2 Growth rate of mid-single-digit Local Currency Adjusted EBITDA2 Growth rate of mid-to high single-digit Local Currency Adjusted EPS2 Growth rate of high single-digit to double-digits Consolidated Full Year 2025 Outlook

Shifting regulatory environment provides opportunity Current Synthetic Color Regulatory Actions – U.S. Food and Beverage* Synthetic to Natural Color Conversion In the U.S., and selectively throughout Latin America, our synthetic colors revenue for the food and pharmaceutical market is approximately $110M Conversion from synthetic to natural can result in a conversion factor of nearly 10-to-1 Natural colors continue to grow above overall company mid-term outlook West Virginia- August 2025 First School Lunch Ban U.S. Federal Ban- January 2027 Red 3 Ban West Virginia - January 2028 First State-wide Synthetic Color Ban 11 *As of April 21, 2025

Preparing our customers and investing for the future 11 Technical Support Product Development Considerations Capacity Expansions Natural Color Availability Transition Timing We can provide the support brands, manufacturers, and developers need for transition to natural colors. We have the expertise and the color portfolio to enable a smooth conversion process. Natural colors are not a 1-for-1 solution to replace synthetic colors. The natural rainbow is bright and wide, but there can be a number of technical challenges to consider. We continue to expand our capabilities and capacity to meet rising demand. Manufacturers may need to install or expand refrigeration, storage, and processing in their facilities. Botanical development, supply chain expansion, seed production, growth, harvesting, processing, and color production take time to expand. The timeline to begin the transition process is NOW or brands risk not having enough time to do it well. Replacing 100% of synthetic demand could take 3-6+ years

2025 Natural Color Launch Highlights Groundbreaking Blue 1 replacement for beverages Ideal for: Sports drinks Carbonated soft drinks Energy drinks Flavored waters Protein drinks Juices Coffee creamers Acidic salad dressings Low ABV beverages Advanced color technology Stabilized spirulina solution Light-stable, clean label match for FD&C Blue 1 in beverages Kosher and Halal certified Clean label brown solving caramel and cocoa challenges Ideal for: Plant-based protein Sweet and savory bakery Fried chips Snacks Icings and frostings Confections Dairy Processed foods 12 Advanced color technology Caramel Class III & IV match California Prop 65 compliant Kosher and Halal certified

Q1 2025 Financial Review 14 (1) See appendix for our GAAP to Non-GAAP reconciliations. (dollars in thousands) Q1 2024 Q1 2025 Local Currency Growth1 Revenue $ 384,670 $ 392,325 +4.1% Operating Income (GAAP) $ 49,406 $ 53,530 Operating Margin 12.8% 13.6% Adjusted Operating Income1 $ 52,218 $ 56,394 +10.3% Adjusted Operating Margin1 13.6% 14.4% Diluted EPS (GAAP) $ 0.73 $ 0.81 Adjusted Diluted EPS1 $ 0.79 $ 0.86 +11.4% Adjusted EBITDA1 $ 68,922 $ 74,368 +10.1% Adjusted EBITDA Margin1 17.9% 19.0% Consolidated Commentary: Local currency revenue1 increased 4.1% Q1 2025 results included $2.9 million of Portfolio Optimization Plan costs Adjusted EBITDA Margin1 improved 110 bps in the quarter due to strong volume growth

2025 Cash Flow and Debt Metrics 14 (1) See appendix for our GAAP to Non-GAAP reconciliations. Q1 2024 YTD Q1 2025 YTD Cash Flow from Operations $ 15.1 million ($ 9.0 million) Capital Expenditures $ 11.0 million $ 16.9 million Total Debt $ 663.0 million $ 701.8 million Net debt to credit adjusted EBITDA1 2.6x 2.5x Commentary: Net cash used in operating activities was $9 million in the first quarter of 2025, primarily due to higher incentive-based compensation payments. Net debt to credit adjusted EBITDA1 was 2.5x in Q1 2025, down from 2.6x in Q1 2024

2025 Financial Outlook1 16 Metric Current Guidance Prior Guidance Local Currency Revenue2 Mid-single-digit growth Mid-single-digit growth Local Currency Adjusted EBITDA2 Mid-to high single-digit growth Mid-to high single-digit growth Diluted EPS (GAAP)3 $3.13 to $3.23 $3.05 to $3.15 Local Currency Adjusted Diluted EPS2 High single-digit to double-digit growth High single-digit to double-digit growth Capital Expenditures $80 to $90 million $70 to $80 million Adjusted Effective Tax Rate ~ 25.5% ~ 25.5% Interest Expense4 Slight Increase over prior year Slight Increase over prior year Represents outlook as of our earnings release provided on April 25, 2025, and does not constitute an update or reissuance as of any later date. See appendix for our GAAP to Non-GAAP reconciliations. Diluted EPS (GAAP) includes approximately $0.02/share of foreign currency headwinds based on current exchange rates and $0.15/share of Portfolio Optimization Plan costs. Total plan costs are expected to be approximately $40M. Interest expense assumes no additional USD borrowing rate reductions for 2025.

Appendix1 (1) Amounts in thousands, except percentages and per share amounts.

Non-GAAP Financial Measures Three Months Ended March 31, 20 2025 2024 % Change Operating income (GAAP) $ 53,530 $ 49,406 8.3% Portfolio Optimization Plan costs – Cost of products sold Portfolio Optimization Plan costs – Selling and administrative expenses 1,814 1,050 107 2,705 Adjusted operating income $ 56,394 $ 52,218 8.0% Net earnings (GAAP) $ 34,462 $ 30,940 11.4% Portfolio Optimization Plan costs, before tax 2,864 2,812 Tax impact of Portfolio Optimization Plan costs(1) (702) (355) Adjusted net earnings $ 36,624 $ 33,397 9.7% Diluted earnings per share (GAAP) $ 0.81 $ 0.73 11.0% Portfolio Optimization Plan costs, net of tax 0.05 0.06 Adjusted diluted earnings per share $ 0.86 $ 0.79 8.9% Note: Earnings per share calculations may not foot due to rounding differences. (1) Tax impact adjustments were determined based on the nature of the underlying non-GAAP adjustments and their relevant jurisdictional tax rates.

Non-GAAP Financial Measures Revenue Total Foreign Exchange Rates Adjustments(1) Local Currency Adjusted Flavors & Extracts 0.3% (1.4%) N/A 1.7% Color 4.8% (3.4%) N/A 8.2% Asia Pacific 4.0% (0.8%) N/A 4.8% Total Revenue 2.0% (2.1%) N/A 4.1% Operating Income Flavors & Extracts 5.5% (0.7%) 0.0% 6.2% Color 10.0% (3.5%) 0.0% 13.5% Asia Pacific 7.6% 0.6% 0.0% 7.0% Corporate & Other 7.0% 0.0% (1.2%) 8.2% Total Operating Income 8.3% (2.5%) 0.5% 10.3% Diluted Earnings Per Share 11.0% (2.7%) 2.3% 11.4% Adjusted EBITDA 7.9% (2.2%) N/A 10.1% 20 Three Months Ended March 31, (1) Adjustments consist of Portfolio Optimization Plan costs.

Non-GAAP Financial Measures 20 Three Months Ended March 31, 2025 Revenue Total Foreign Exchange Rates Local Currency Flavors, Extracts, and Flavor Ingredients 4.3% (2.2%) 6.5% Natural Ingredients (7.0%) 0.0% (7.0%) Flavors & Extracts Group 0.3% (1.4%) 1.7% Food and Pharmaceutical 6.4% (3.4%) 9.8% Personal Care 0.4% (3.3%) 3.7% Color Group 4.8% (3.4%) 8.2% Asia Pacific 4.0% (0.8%) 4.8% Total revenue 2.0% (2.1%) 4.1%

Non-GAAP Financial Measures Results by Segment Operating Income 2025 Adjustments(1) Adjusted Adjusted 2025 2024 Adjustments(1) 2024 Flavors & Extracts $ 24,989 $ - $ 24,989 $ 23,678 $ - $ 23,678 Color 34,852 - 34,852 31,679 - 31,679 Asia Pacific 9,442 - 9,442 8,776 - 8,776 Corporate & Other (15,753) 2,864 (12,889) (14,727) 2,812 (11,915) Consolidated $ 53,530 $ 2,864 $ 56,394 $ 49,406 $ 2,812 $ 52,218 Three Months Ended March 31, (1) Adjustments consist of Portfolio Optimization Plan costs. 20

Non-GAAP Financial Measures Flavors & Extracts Group 2025 2024 Operating Income (GAAP) $ 24,989 $ 23,678 Depreciation and amortization 7,640 7,620 Share-based compensation expense 52 - Adjusted EBITDA $ 32,681 $ 31,298 Segment Revenue $ 193,681 $ 193,092 Operating Income Margin (GAAP) 12.9% 12.3% Adjusted EBITDA Margin 16.9% 16.2% Three Months Ended March 31, 20

Non-GAAP Financial Measures Color Group 2025 2024 Operating Income (GAAP) $ 34,852 $ 31,679 Depreciation and amortization 5,936 5,440 Share-based compensation expense 69 - Adjusted EBITDA $ 40,857 $ 37,119 Segment Revenue $ 167,750 $ 160,025 Operating Income Margin (GAAP) 20.8% 19.8% Adjusted EBITDA Margin 24.4% 23.2% Three Months Ended March 31, 20

Non-GAAP Financial Measures Asia Pacific Group 2025 2024 Operating Income (GAAP) $ 9,442 $ 8,776 Depreciation and amortization 548 636 Share-based compensation expense 22 - Adjusted EBITDA $ 10,012 $ 9,412 Segment Revenue $ 41,901 $ 40,306 Operating Income Margin (GAAP) 22.5% 21.8% Adjusted EBITDA Margin 23.9% 23.4% Three Months Ended March 31, 20

Non-GAAP Financial Measures 2025 2024 % Change Operating Income (GAAP) $ 53,530 $ 49,406 8.3% Depreciation and amortization 15,074 14,709 Share-based compensation expense 2,900 1,995 Portfolio Optimization Plan costs, before tax 2,864 2,812 Adjusted EBITDA $ 74,368 $ 68,922 7.9% Total Revenue $ 392,325 $ 384,670 Operating Income Margin (GAAP) 13.6% 12.8% Adjusted EBITDA Margin 19.0% 17.9% Three Months Ended March 31, 20

Non-GAAP Financial Measures March 31, 20 Debt 2025 2024 Short-term borrowings $ 18,575 $ 19,439 Long-term debt 683,266 643,511 Credit Agreement adjustments(1) (21,165) (13,775) Net Debt $ 680,676 $ 649,175 Operating income (GAAP) $ 195,703 $ 153,591 Depreciation and amortization 60,694 58,379 Share-based compensation expense 10,989 8,661 Portfolio Optimization Plan costs, before tax 6,683 30,653 Other non-operating gains(2) (871) (1,055) Credit Adjusted EBITDA $ 273,198 $ 250,229 Net Debt to Credit Adjusted EBITDA 2.5x 2.6x (1) Adjustments include cash and cash equivalents, as described in the Company's Third Amended and Restated Credit Agreement (Credit Agreement), and certain letters of credit and hedge contracts. (2) Adjustments consist of certain financing transaction costs, certain non-financing interest items, and gains and losses related to certain non-cash, non-operating, and/or non-recurring items as described in the Credit Agreement.