SPECIALTY INGREDIENTS

SPECIALITY AT SCALE

The AMEA region delivered resilient and volume-led growth during FY2025-26 despite operating in a highly competitive and price-sensitive environment. Supported by strong customer engagement, strategic product deployment and expanding formulation-driven offerings, the business continued to strengthen its presence across food and animal nutrition markets.

Our Specialty Ingredients business continues to strengthen its global presence through science-led innovation, deep application expertise, and customer-centric solutions. With a diversified portfolio spanning food protection, functional excellence ingredients, feed safety and performance nutrition, we remain focussed on delivering high-value and differentiated solutions that address evolving industry requirements while creating sustainable value across global markets.

AMEA REGION

“Strengthening Market Leadership Through Innovation-Led Solutions”

FOOD SOLUTIONS

Application-Driven. Functional. Future-Focused.

Xtendra^® & NaSure^® - Antioxidant Solutions

Antioxidant Solutions: The antioxidant portfolio gained strong traction across edible oil and processed food segments, driven by deeper

customer engagement, adoption of speciality blends and rising demand for shelf-life enhancement and quality protection.

Xtendra^® - Antimicrobial Solutions

The antimicrobial range maintained steady growth momentum through expansion into new customer segments and rising awareness

around food safety and preservation.

Ezential^® - Functional Excellence System

Ezential evolved into a commercially validated, multi-region platform delivering application-driven solutions in formulation, processing,

shelf-life and texture – with strong adoption in dairy & specialty fats applications across India, South-East Asia, Middle East and Africa.

Animal Nutrition

The Animal Nutrition business delivered strong and profitable growth driven by innovation-led offerings, disciplined commercial focus and expanding

export opportunities. Growth was led by the poultry segment, while the business demonstrated resilience navigating aquaculture headwinds from external market disruptions. A deliberate re-alignment of the business structure enhanced customer focus and responsiveness, providing a sharper commercial foundation entering FY2026-27.

With continued focus on science-to-market innovation, specialty blends and customer centric solutions, the AMEA region remains well-positioned to strengthen its leadership across food and animal nutrition markets, bringing sharper alignment with evolving customer needs across core categories.

Strategic Priorities (AMEA) for FY2026-27

Strategic Focus Area

Key Priorities

Portfolio Expansion

Expand Xtendra^® , NaSure^® , and Ezential^® platforms across food and functional ingredient applications; Strengthen the Vitafor^TM portfolio alongside performance nutrition and feed efficiency solutions for animal nutrition industry

Domestic Market Expansion

Continue strengthening the poultry business while increasing focus on aquaculture to support sustained growth.

Export Growth

Leverage evolving trade dynamics and tariff adjustments to expand presence across international markets, particularly the Middle East.

Growth & Market Positioning

Drive growth beyond industry benchmarks through innovation-led offerings, expanding regional footprint and stronger customer relationships

These priorities are further reinforced by a pipeline of high-potential initiatives entering FY2026–27: the development of Xtendra^® 360 a next-generation complete oil protection & saving solution, purpose-built for the snack-food and QSR industries-underscores the region's commitment to innovation-led differentiation in high-growth application segments. Alongside this, expansion into flavouring systems for seasonings broadens the portfolio's reach into adjacent, value-accretive categories, while a dedicated supply chain resilience programme addresses geopolitical sourcing constraints encountered in 2026-ensuring consistent product availability and reinforcing the region's ability to serve high-demand segments with reliability and agility.

AMERICAS REGION

“Delivering Growth Through Speciality Solutions Across the Americas”

The Americas region – spanning Mexico, LATAM, Brazil and North America – demonstrated resilience and strategic progress during FY2025-26. Mexico emerged as a key growth engine, Brazil delivered strong volume expansion and North America strengthened its clean-label positioning, even as certain sub markets navigated uneven demand conditions.

Food

Across the Americas, the Food segment continued its shift towards higher-value, performance-oriented offerings. In Mexico and LATAM,

underpinned by growing customer preference for performance-oriented strong momentum was achieved across emulsifiers, natural antioxidants and specialty platforms including Xtendra^®, Ezential^®, NaSure^® and Vinpai. In Brazil, the Xtendra^® and NaSure^®portfolios drove volume growth, while the Ezential^® platform deepened market penetration. In North America, the accelerating transition away from BHA/BHT antioxidants strengthened demand for the NaSure^® clean-label portfolio, while Vinpai’s integration under the Ezential^® platform expanded functional ingredient capabilities.

Animal Nutrition

Across the region, Animal Nutrition delivered resilient and profitable performance blends and functional nutrition solutions. In Brazil,

the segment focussed on higher-margin categories and saw encouraging demand in the Petfood segment. In North America, sustained demand for advanced feed performance solutions and the expanding Vitafor^TM portfolio strengthened the commercial pipeline. Across Mexico and LATAM, growth was driven by performance nutrition, toxin management, gut health and Vitafor^TM-led solutions.

Biodiesel

The Biodiesel segment in Brazil delivered strong performance during FY2025-26, supported by deeper market penetration, increasing adoption

of blended solutions and stronger account relationships. The segment continues to strengthen its strategic position through application innovation and scale-led advantages, laying the groundwork for sustained growth entering FY2026-27.

Strategic Priorities (Americas) for FY2026-27

Strategic Focus Area

Key Priorities

Speciality Solutions

Accelerate growth of Xtendra^®, NaSure^®, Ezential^® and Vinpai platforms across food applications in all sub-markets.

Animal Nutrition Growth

Expand performance nutrition, toxin management, gut health and Vitafor^TM-led solutions across the region.

Biodiesel Expansion

Expand market share and customer base through scale advantages and application innovation (Brazil).

Market Development

Strengthen multinational customer partnerships, deepen technical engagement and expand into aquaculture and water treatment.

EUROPE REGION

CFS Vitafor, Belgium

In June 2024, Camlin Fine Sciences (CFS) through its wholly owned subsidiary Dresen Química (CFS Mexico) acquired 100% stake in Vitafor^TM Invest NV, Belgium. The acquisition strengthened our Animal Nutrition platform by integrating Vitafor^TM‘s assets, technology and domain expertise, enhancing our capabilities across shelf-life extension, feed safety and animal performance across the value chain from feed-to-farm.

A key highlight is the liquid drinking water supplement range, built on proprietary technology, which has delivered robust growth over three consecutive years. Vitafor^TM has achieved a well diversified geographic footprint across Europe, Asia, the Middle East, the Americas and Africa. The portfolio is built on natural, GMP-compliant formulations incorporating essential oils, plant extracts, amino acids and vitamins.

Strategic Priorities (Europe) for FY2026-27

Expansion into high-potential markets, particularly Africa and the Americas
Increased adoption of farm-level performance solutions
Product development with increased focus on ruminant nutrition
Continued integration with CFS's global Animal Nutrition platform