Jointly by (i) Koninklijke Dsm N.v., Netherlands; (ii) Firmenich International Sa, Switzerland; and (iii) Danube Ag, Switzerland

SUMMARY OF THE COMBINATION

[REGULATION 13 (1A) OF THE COMBINATION REGULATIONS]

A. NAME OF THE PARTIES TO THE COMBINATION

1. The names of the parties to the combination are:

• a) Koninklijke DSM N.V. (“ DSM ”);

• b) Firmenich International SA (“ Firmenich ”); and

• c) Danube AG (“ Danube ”).

B. THE NATURE AND PURPOSE OF THE COMBINATION

1. The proposed transaction involves a merger of equals between DSM and Firmenich to form DSM-Firmenich, a Swiss domiciled company whose shares are proposed to be listed on Euronext Amsterdam (the “ Proposed Transaction ”) and falls under Section 5(c) of the Competition Act, 2002.

1. The Proposed Transaction combines DSM’s and Firmenich’s businesses. By bringing together their respective capabilities, DSM-Firmenich will be better positioned to innovate and improve their products and services, improve DSM and Firmenich’s ability to meet market and customer demand and generate new growth opportunities.