Report of the Supervisory Board 2025

Message from the Chair

Dear Stakeholders,

Firstly, it has been an honor to serve as Chair of the Supervisory Board since the Annual General Meeting (“AGM”) of 2025.

Reflecting, 2025 was a year of strong performance, for which, on behalf of the entire Supervisory Board, I would like to thank management and all employees of Corbion. It leaves the company in a good position for 2026.

As the Advance 2025 strategy was concluded in 2025, it was also a year in which management entered into a process of evaluating its strategic direction.

This resulted in BRIGHT 2030, a strategic vision containing both continuity and strategic renewal, which was presented at the Capital Markets Day in November. Corbion‘s new BRIGHT 2030 strategic vision seeks to create long-term shareholder and stakeholder value, whilst building a responsible company with a strong sense of purpose as a sustainable specialty ingredients company in food and nutrition.

As part of our ongoing commitment to a strong and diverse Supervisory Board we welcomed Abhijit Bhattacharya and Karen-Marie Katholm, whose skills, expertise and experience have already added significant value. Additionally, we appointed Per Falholt as advisor to the Supervisory Board in anticipation of his nomination to the Supervisory Board at the AGM in 2026. The current composition of the Supervisory Board and its committees ensures a broad coverage of skills, expertise, and experience that bring unique insights to strengthen our collective judgment and effectiveness.

Corbion continues to navigate a complex and volatile global landscape, and I want to commend the dedication and resilience demonstrated by Corbion’s management and employees. Through its strong purpose and collaborative culture, Corbion is set to continue to accelerate and deliver a sustainable impact for the food industry and for its customers.

On behalf of the Supervisory Board,
Ilona Haaijer,
Chair

In the financial year under review, the Supervisory Board continued to fulfil its responsibilities with diligence, independence, and strategic oversight. The Supervisory Board met regularly to discuss key developments, monitor the company’s performance, and provide guidance on matters of governance, risk management, and long-term value creation.

Overview 2025

Throughout the year, the Supervisory Board maintained close dialogue with the Board of Management and the Executive Committee, ensuring alignment on strategic priorities and operational execution. The Supervisory Board also oversaw succession planning and talent development at the senior leadership level, recognizing the importance of strong leadership in navigating a dynamic and evolving business environment. In addition, the Supervisory Board reviewed and approved major investment decisions, ensuring they were consistent with the company’s strategic objectives and risk appetite. Particular attention was given to the reshape of the Executive Committee with the appointment of Yves Boland as the new CTO and the appointment of Oli Arnason as the new CISCO. Another important topic was the impact of tariffs on the company and the mitigation actions around that. In addition to the aforementioned topics, the Supervisory Board continued to be involved in annually recurring topics, such as the Financial statements, the evaluation of the Board of Management, and the self-evaluation of the Supervisory Board, remuneration of the Board of Management, and the supervision of the company's long-term value creation.

Throughout the year, the Supervisory Board remains responsible for overseeing the management of the company and ensuring it acts in the best interests of shareholders and stakeholders, by monitoring the company’s strategy, financial performance, risk management, and compliance with laws and regulations. The Supervisory Board provides independent advice and constructive challenge to the Executive Committee.