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© Sensient Technologies 2026 sensient.com Sensient Technologies Corporation Fourth Quarter 2025 Earnings Call February 13, 2026
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© Sensient Technologies 2026 sensient.com 2 Non-GAAP Financial Measures 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 chang es 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 ope rations 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 ben eficial to investors for the same purposes. These non-GAAP measures may not be comparable to similarly titled measures used by other companies.
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© Sensient Technologies 2026 sensient.com 3 Forward Looking Statements This presentation contains statements that may constitute “forward-looking statements” within the meaning of Federal securities laws including under “2026 Financial Outlook”, “Long-Term Outlook”, and “Consolidated Full Year 2026 Outlook”. 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 ma rket 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; t he 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 ab ility to anticipate and respond to changing consumer preferences, changing technologies, and changing regulations; the Company’s ability to successfully implement its gr owth 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 enhan ce its innovation efforts and drive cost efficiencies; currency exchange rate fluctuations; and other factors included in “Risk Factors” in the Company's Annual Repor t on Form 10-K for the year ended December 31, 2025, 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 cond ition, 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.
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© Sensient Technologies 2026 sensient.com Quarterly Results & Business Update 4
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© Sensient Technologies 2026 sensient.com 5 Q4 2025 Consolidated Results (1) See appendix for our GAAP to Non-GAAP reconciliations.
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© Sensient Technologies 2026 sensient.com 6 Local Currency1 Results Commentary Color Group Performance Revenue • Strong growth in the quarter driven by new sales wins and favorable pricing across the Group Operating Results • Strong operating leverage in the quarter primarily due to favorable pricing and volume growth in the food and pharmaceutical product lines • Adjusted EBITDA Margin1 for the Group was 20.7% in Q4 2025, up 10 bps from Q4 2024 (1) See appendix for our GAAP to Non-GAAP reconciliations. Local Currency1 Full Year Results vs. Prior Year Revenue +7.4% Operating Income +16.9% 2024 2025 Adjusted EBITDA Margin1 22.1% 23.7%
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© Sensient Technologies 2026 sensient.com 7 Color Group Performance (1) See appendix for our GAAP to Non-GAAP reconciliations.
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© Sensient Technologies 2026 sensient.com 8 Flavors & Extracts Group Performance Revenue • Lower volumes, particularly in agricultural ingredients product line, partially offset by favorable pricing within flavors, extracts, and flavor ingredients Operating Results • Lower volumes in agricultural ingredients product line and a one- time inventory charge resulting from the impact of severe rains from atmospheric river events in California late in the year • Adjusted EBITDA Margin1 for the Group was 14.3% in Q4 2025, down 110 bps from Q4 2024 (1) See appendix for our GAAP to Non-GAAP reconciliations. Local Currency1 Results Commentary Local Currency1 Full Year Results vs. Prior Year Revenue -1.3% Operating Income +3.4% 2024 2025 Adjusted EBITDA Margin1 16.1% 16.7%
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© Sensient Technologies 2026 sensient.com 9 Flavors & Extracts Group Performance (1) See appendix for our GAAP to Non-GAAP reconciliations.
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© Sensient Technologies 2026 sensient.com 10 Asia Pacific Group Performance Revenue • Driven by lower volumes within certain regions across the Group Operating Results • YOY operating income was flat • Adjusted EBITDA Margin1 for the Group was 22.6% in Q4 2025, up 90 bps from Q4 2024 (1) See appendix for our GAAP to Non-GAAP reconciliations. Local Currency1 Full Year Results vs. Prior Year Revenue +2.4% Operating Income +3.8% 2024 2025 Adjusted EBITDA Margin1 22.7% 23.2% Local Currency1 Results Commentary
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© Sensient Technologies 2026 sensient.com 11 Asia Pacific Group Performance (1) See appendix for our GAAP to Non-GAAP reconciliations.
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© Sensient Technologies 2026 sensient.com (1) Represents outlook as of our earnings release provided on February 13, 2026, and does not constitute an update or reissuance as of any later date. (2) This is a non-GAAP financial measure. We are not able to provide a reconciliation of this forward-looking measure as certain information required for such reconciliation, such as the impact of translating our international operations into U.S. Dollars, is not available without unreasonable efforts and we are not able to determine th e probable significance of such items. 12 Business Outlook1 Consolidated Full Year 2026 Outlook Local Currency Revenue2 • Growth rate of mid-single to double- digits Local Currency Adjusted EBITDA2 • Growth rate of mid-single to double- digits Local Currency Adjusted EPS2 • Growth rate of mid-to high single-digit Local Currency Revenue2 • Growth rate of mid-single-digit Local Currency Adjusted EBITDA2 • Growth rate of high single-digit Material Natural Color conversion activity would be incremental to these long-term growth expectations Long-Term Outlook
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© Sensient Technologies 2026 sensient.com Natural Color Highlights 13 A suite of high-performance, concentrated beet juice coloring solutions Ideal for: • Bakery Goods • Confections • Dairy • Dry Grocery • Pet Food ✓ Red 40 alternative ✓ Excellent stability in high heat processing ✓ Low usage rates ✓ Kosher, Halal, and Non- GMO Color systems with advanced stability in water/oil matrices Ideal for: • Bakery Goods • Beverage • Confections • Dairy • Dry Grocery Sauces and Dressings ✓ Superior color performance and stable, homogenous result ✓ Mitigates ringing and staining ✓ Clear and Cloudy Options ✓ Kosher, Halal, and Preservative-Free Options
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© Sensient Technologies 2026 sensient.com Financial Update & Outlook 14
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© Sensient Technologies 2026 sensient.com 15 (1) See appendix for our GAAP to Non-GAAP reconciliations. Q4 2025 Financial Review • Local currency revenue1 increased 2.0% • Q4 2025 results included $6.3 million of Portfolio Optimization Plan costs (approximately 12 cents per share) • Adjusted EBITDA Margin1 decreased 20 bps in the quarter due to the one-time inventory charge at Agricultural Ingredients resulting from the severe rains in California late in the year Consolidated Commentary (dollars in thousands) Q4 2024 Q4 2025 Local Currency Growth1 Revenue $ 376,420 $393,447 +2.0% Operating Income (GAAP) Operating Margin $ 41,996 11.2% $ 38,186 9.7% Adjusted Operating Income1 Adjusted Operating Margin1 $ 42,852 11.4% $ 44,466 11.3% (0.4%) Diluted EPS (GAAP) $ 0.71 $ 0.60 Adjusted Diluted EPS 1 $ 0.65 $ 0.72 +6.2% Adjusted EBITDA 1 Adjusted EBITDA Margin1 $ 61,100 16.2% $ 63,036 16.0% (0.2%)
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© Sensient Technologies 2026 sensient.com 16 2025 Cash Flow and Debt Metrics Q4 2024 YTD Q4 2025 YTD Cash Flow from Operations $ 157.2 million $ 127.8 million Capital Expenditures $ 59.2 million $ 89.4 million Total Debt $ 633.4 million $ 709.6 million Net debt to credit adjusted EBITDA 1 2.3x 2.3x • Cash flow from operating activities was $127.8 million in 2025 compared to $157.2 million in 2024 primarily due to higher use of cash for working capital • Net debt to credit adjusted EBITDA1 was 2.3x in 2025, same as in 2024 Commentary (1) See appendix for our GAAP to Non-GAAP reconciliations.
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© Sensient Technologies 2026 sensient.com 17 2026 Financial Outlook1 (1) Represents outlook as of our earnings release provided on February 13, 2026, and does not constitute an update or reissuance as of any later date. (2) This is a non-GAAP financial measure. We are not able to provide a reconciliation of this forward-looking measure as certain information required for such reconciliation, such as the i mpact of translating our international operations into U.S. Dollars, is not available without unreasonable efforts and we are not able to determine the probable significance of such items. (3) The impact of foreign exchange rates is expected to be immaterial for 2026. (4) Interest expense assumes no USD borrowing rate reductions for 2026. Metric Current Guidance Local Currency Revenue 2 Mid-single to double-digit growth Local Currency Adjusted EBITDA 2 Mid-single to double-digit growth Diluted EPS (GAAP) $3.60 to $3.80 3 Local Currency Adjusted Diluted EPS 2 Mid-to high single-digit growth Capital Expenditures $150 to $170 million Adjusted Effective Tax Rate ~ 25% Interest Expense4 ~ $36 million
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© Sensient Technologies 2026 sensient.com 18
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© Sensient Technologies 2026 sensient.com 19 Appendix1 (1) Amounts in thousands, except percentages and per share amounts.
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© Sensient Technologies 2026 sensient.com 20 Non-GAAP Financial Measures 2025 2024 % Change Operating income (GAAP) 38,186$ 41,996$ (9.1%) Portfolio Optimization Plan costs – Cost of products sold 3,279 839 Portfolio Optimization Plan costs – Selling and administrative expenses 3,001 17 Adjusted operating income 44,466$ 42,852$ 3.8% Net earnings (GAAP) 25,484$ 30,104$ (15.3%) Portfolio Optimization Plan costs, before tax 6,280 856 Tax impact of Portfolio Optimization Plan costs(1) (1,133) (3,570) Adjusted net earnings 30,631$ 27,390$ 11.8% Diluted earnings per share (GAAP) 0.60$ 0.71$ (15.5%) Portfolio Optimization Plan costs, net of tax 0.12 (0.06) Adjusted diluted earnings per share 0.72$ 0.65$ 10.8% Note: Earnings per share calculations may not foot due to rounding differences. Three Months Ended December 31, (1) Tax impact adjustments were determined based on the nature of the underlying non-GAAP adjustments and their relevant jurisdictional tax rates.
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© Sensient Technologies 2026 sensient.com 21 Non-GAAP Financial Measures Revenue Total Foreign Exchange Rates Adjustments(1) Local Currency Adjusted Flavors & Extracts (0.6%) 1.8% N/A (2.4%) Color 10.9% 3.9% N/A 7.0% Asia Pacific (1.0%) 0.9% N/A (1.9%) Total Revenue 4.5% 2.5% N/A 2.0% Operating Income Flavors & Extracts (10.0%) 1.6% 0.0% (11.6%) Color 12.2% 5.0% 0.0% 7.2% Asia Pacific 2.4% 1.8% 0.0% 0.6% Corporate & Other 35.5% 0.0% 37.9% (2.4%) Total Operating Income (9.1%) 4.2% (12.9%) (0.4%) Diluted Earnings Per Share (15.5%) 4.2% (25.9%) 6.2% Adjusted EBITDA 3.2% 3.4% N/A (0.2%) Three Months Ended December 31, 2025 (1) Adjustments consist of Portfolio Optimization Plan costs.
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© Sensient Technologies 2026 sensient.com 22 Non-GAAP Financial Measures Revenue Total Foreign Exchange Rates Adjustments(1) Local Currency Adjusted Flavors & Extracts (0.9%) 0.4% N/A (1.3%) Color 8.1% 0.7% N/A 7.4% Asia Pacific 3.5% 1.1% N/A 2.4% Total Revenue 3.5% 0.6% N/A 2.9% Operating Income Flavors & Extracts 3.8% 0.4% 0.0% 3.4% Color 18.2% 1.3% 0.0% 16.9% Asia Pacific 6.3% 2.5% 0.0% 3.8% Corporate & Other 20.2% 0.0% 14.8% 5.4% Total Operating Income 8.1% 1.4% (4.4%) 11.1% Diluted Earnings Per Share 7.5% 1.4% (8.6%) 14.7% Adjusted EBITDA 10.9% 1.1% N/A 9.8% Year Ended December 31, 2025 (1) Adjustments consist of Portfolio Optimization Plan costs.
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© Sensient Technologies 2026 sensient.com 23 Non-GAAP Financial Measures Revenue Total Foreign Exchange Rates Local Currency Flavors, Extracts, and Flavor Ingredients 0.4% 2.8% (2.4%) Agricultural Ingredients (2.3%) (0.0%) (2.3%) Flavors & Extracts Group (0.6%) 1.8% (2.4%) Food and Pharmaceutical 12.6% 3.6% 9.0% Personal Care 5.7% 4.7% 1.0% Color Group 10.9% 3.9% 7.0% Asia Pacific Group (1.0%) 0.9% (1.9%) 4.5% 2.5% 2.0% Three Months Ended December 31, 2025 Total revenue
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© Sensient Technologies 2026 sensient.com 24 Non-GAAP Financial Measures Revenue Total Foreign Exchange Rates Local Currency Flavors, Extracts, and Flavor Ingredients 4.1% 0.7% 3.4% Agricultural Ingredients (9.6%) (0.0%) (9.6%) Flavors & Extracts Group (0.9%) 0.4% (1.3%) Food and Pharmaceutical 10.0% 0.5% 9.5% Personal Care 2.6% 1.3% 1.3% Color Group 8.1% 0.7% 7.4% Asia Pacific Group 3.5% 1.1% 2.4% 3.5% 0.6% 2.9% Year Ended December 31, 2025 Total revenue
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© Sensient Technologies 2026 sensient.com 25 Non-GAAP Financial Measures Results by Segment Adjusted Adjusted Operating Income 2025 Adjustments(1) 2025 2024 Adjustments(1) 2024 Flavors & Extracts 19,208$ -$ 19,208$ 21,345$ -$ 21,345$ Color 29,771 - 29,771 26,542 - 26,542 Asia Pacific 8,696 - 8,696 8,495 - 8,495 Corporate & Other (19,489) 6,280 (13,209) (14,386) 856 (13,530) Consolidated 38,186$ 6,280$ 44,466$ 41,996$ 856$ 42,852$ Three Months Ended December 31, (1) Adjustments consist of Portfolio Optimization Plan costs.
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© Sensient Technologies 2026 sensient.com 26 Non-GAAP Financial Measures Flavors & Extracts Group 2025 2024 2025 2024 Operating Income (GAAP) 19,208$ 21,345$ 100,741$ 97,094$ Depreciation and amortization 7,295 7,603 30,347 30,437 Share-based compensation expense 181 - 336 - Adjusted EBITDA 26,684$ 28,948$ 131,424$ 127,531$ Segment Revenue 187,041$ 188,114$ 786,943$ 793,698$ Operating Income Margin (GAAP) 10.3% 11.3% 12.8% 12.2% Adjusted EBITDA Margin 14.3% 15.4% 16.7% 16.1% Three Months Ended December 31, Year Ended December 31,
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© Sensient Technologies 2026 sensient.com 27 Non-GAAP Financial Measures Color Group 2025 2024 2025 2024 Operating Income (GAAP) 29,771$ 26,542$ 141,279$ 119,529$ Depreciation and amortization 6,351 5,992 24,598 23,417 Share-based compensation expense 243 - 451 - Adjusted EBITDA 36,365$ 32,534$ 166,328$ 142,946$ Segment Revenue 175,407$ 158,134$ 700,595$ 647,939$ Operating Income Margin (GAAP) 17.0% 16.8% 20.2% 18.4% Adjusted EBITDA Margin 20.7% 20.6% 23.7% 22.1% Three Months Ended December 31, Year Ended December 31,
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© Sensient Technologies 2026 sensient.com 28 Non-GAAP Financial Measures Asia Pacific Group 2025 2024 2025 2024 Operating Income (GAAP) 8,696$ 8,495$ 36,622$ 34,458$ Depreciation and amortization 580 596 2,302 2,472 Share-based compensation expense 77 - 142 - Adjusted EBITDA 9,353$ 9,091$ 39,066$ 36,930$ Segment Revenue 41,429$ 41,861$ 168,156$ 162,525$ Operating Income Margin (GAAP) 21.0% 20.3% 21.8% 21.2% Adjusted EBITDA Margin 22.6% 21.7% 23.2% 22.7% Three Months Ended December 31, Year Ended December 31,
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© Sensient Technologies 2026 sensient.com 29 Non-GAAP Financial Measures 2025 2024 % Change Operating Income (GAAP) 38,186$ 41,996$ (9.1%) Depreciation and amortization 15,208 15,144 Share-based compensation expense 3,362 3,104 Portfolio Optimization Plan costs, before tax 6,280 856 Adjusted EBITDA 63,036$ 61,100$ 3.2% Total Revenue 393,447$ 376,420$ Operating Income Margin (GAAP) 9.7% 11.2% Adjusted EBITDA Margin 16.0% 16.2% Three Months Ended December 31,
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© Sensient Technologies 2026 sensient.com 30 Non-GAAP Financial Measures Debt 2025 2024 Short-term borrowings 352$ 19,848$ Long-term debt 709,232 613,523 Credit Agreement adjustments(1) (22,544) (13,129) Net Debt 687,040$ 620,242$ Operating income (GAAP) 207,128$ 191,579$ Depreciation and amortization 61,098 60,329 Share-based compensation expense 13,946 10,084 Portfolio Optimization Plan costs, before tax 15,806 6,631 Other non-operating gains(2) (1,048) (905) Credit Adjusted EBITDA 296,930$ 267,718$ Net Debt to Credit Adjusted EBITDA 2.3x 2.3x Year Ended December 31, (1) Adjustments include cash and cash equivalents, as described in the Company's Fourth 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.
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© Sensient Technologies 2026 sensient.com 31 Non-GAAP Financial Measures 2025 2025 2019 2019 As Reported Adjustments(1) Adjusted As Reported Adjustments(1) Adjusted Consolidated Revenue 1,612,111$ - 1,612,111$ 1,322,934$ (143,172)$ 1,179,762$ (1) Adjustments consist of revenues of the divested product lines.
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© Sensient Technologies 2026 sensient.com 32 Non-GAAP Financial Measures 6 Year CAGR As Reported Foreign Exhchange Rates Adjustments(1) 6 Year CAGR Local Currency AdjustedAsia Pacific 0.0% 7.7% (1.6%) 7.6% Revenue 3.3% (0.3%) (2.0%) 5.6% (1) Adjustments consist of revenues of the divested product lines. 2019 - 2025