ex99_1.htm

September 9, 2009

Barclays BTS Conference

Rob Amen, Chairman & CEO

Cautionary Statement

Statements made in this presentation that relate to future
performance or financial results of this company are forward-looking
statements, which involve uncertainties that could cause actual
performance or results to materially differ. We undertake no
obligation to update any of these statements. Listeners are cautioned
not to place undue reliance on these forward-looking statements.
These statements should be taken in conjunction with the additional
information about risk and uncertainties set forth in the company’s
annual report on Form 10-K for the year ended December 31, 2008.

We have disclosed certain non-GAAP measures within this
presentation. Please see reconciliations to their respective measures
prescribed by accounting principles generally accepted in the U.S.
included on our website at www.iff.com under Investor Relations.

Snapshot of Industry

IFF Overview

Strategic Approach

Financial Highlights

Conclusion

Agenda

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Global Consumer Products

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Flavor & Fragrance Industry

• Approximately $14 Billion Industry

• 4 Largest Companies Comprise About 70% of Global Market

• Key To Building Consumer Preference & Brand Differentiation

• Demand Driven by Growth of Consumer Products & Innovation

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5 Billion People in
Developing Market

Increasing
Disposable Income

Breakthroughs &
Advancements

Population

Growing Middle Class

Technology

Structural Drivers of Growth

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IFF Profile

• Global Flavor & Fragrance Leader
for Over 100 Years

• Leading Innovator for a Wide
Variety of Consumer Products

• Work With Virtually All Global &
Regional CPG Companies

• Sales, Creative & Manufacturing
in Over 30 Countries

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Savory

Beverages

Sweet

Dairy

Fine & Beauty

Functional
Personal Wash
Fabric Care
Home Care

Fragrance Ingredients

Fragrances

Flavors

Product Categories

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2008 Sales $2.4 Billion

Over 40% of Revenue Generated From Developing Markets

Sales by Category

Ingredients

Functional

Fragrances

12%

46%

23%

19%

Fine Fragrance
& Beauty Care

Flavors

Sales by Region

North
America

EAME

Latin
America

Greater Asia

25%

38%

23%

14%

Diversified Global Portfolio

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* Excluding non-recurring items

2006 to 2008 CAGR

Results In-line With Our Long-Term Targets

Strong Financial Performance

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Value Returned To Shareholders

About $1.1 Billion

Repurchases

Dividends

Maximizing Shareholder Value

• Focused on Cash Returned
to Shareholders

• Accelerated Share
Repurchase Program

• Consistent Dividend Payout

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Value Creation Model

• Research & Development

• Creative Expertise

• Consumer & Brand
Understanding

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Research & Development

• 170 Scientists

• 90 PhDs

• 320 Application Employees

• Over 200 Patents
In the Last Decade

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Consumer & Brand Understanding

• Approximately 100
Dedicated Professionals

• 400,000 Consumer
Interviews Annually

• Unique Tools & Methodologies

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Creative Expertise

• 14 Creative Centers

• 80 Flavorists

• 90 Perfumers

• Perfumery & Evaluation School

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Executional Excellence

• Drive Efficiency in
All That We Do

• Global Strategy to
Support Business Growth

• Positive Leverage to
Overall Results

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Successfully Creating Consumer-Preferred Products

Value Creation Model

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Negatives

• Solid Net Commercial
Performance

• Disciplined Cost Focus

• Positive Benefits From
Taxes & Interest Expense

Positives

LC Sales Growth

(3)%

(17)%

Adjusted EPS

Adjusted Operating Margin

14.8%

H1 2009 Results

• Below Trend Line Demand

• Significant Raw
Material Cost Increases

• Unfavorable Foreign
Exchange Comparisons

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Input Costs:

Raw material pressure will lessen in H2

H1 ‘09
Impact

Balance of Year
Expectation

RSA Costs:

Cost reduction initiatives progressing

Currency:

Foreign exchange comparables easing in H2

Update On 2009 Key Cost Components

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Favorable Outlook

Q3 Highlights

• Stronger than Expected Local Currency Sales

− Flavors continuing year over year growth trend

− Meaningful improvement in Functional Fragrances & Ingredients

− Weakness in Fine continues, but has improved from H1 2009

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2009 Perspective

• Encouraged With Our YTD Performance

• Sustaining Strategic Focus While Managing
Through Challenging Conditions

• Building Positive Momentum Heading into 2010

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4+%

18+%

10+%

Sales (local currency)

Operating Margin

EPS Growth (adjusted)

Grow Dividend In-line With EPS

Goal

Metric

Long Term Targets

Financial Vision

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Conclusion

Global Leader Supporting Growth In Consumer Products

Technology Leader In Molecule Discovery & Delivery Systems

Established Product Development Partner
With Key Global & Regional Companies

Strong Position In the Emerging Market

Strong Financially

Questions