CorporatePresentation

2020

Worldwide Preferred

Independent European

Chocolatier

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2019 key figures 388 M€

TURNOVER

1,000EMPLOYEES

OVER

6FACTORIES

6SALES OFFICES

4CATEGORIES OF

CONSUMER PRODUCTS

1INDUSTRIAL RANGE

+90COUNTRIES WITH

COMMERCIAL OPERATIONS

77YEARS OF HISTORY

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Our history

Our international focus is reflected both in the location of our production centres and commercial offices and in the commercial activity we carry out in more than 90 countries throughout the 5 continents.

1943OriginThree young chemists from Valencia (Spain) invented a procedure for extracting theobromine, an alkaloid very similarto caffeine, which isonlyfound in the cocoabean.

1991Stock ExchangeThe company’s sharesstarted trading on theMadridstock exchange.

2004Acquisition of ZahorNatra acquired Zahor, specialising in slabs, countlines and chocolates, with a factory in Spain and in France and a strong turnover in Europe, thus focusing on end products for consumers.

2007SpreadsNatra bought All Crump (Belgium) and set up a new business unit for spreads.

2017-2018Transformation Plan Customer-centric Transformation Plan to boost growth.New organisation of management team.

1950Expansion of the businessThey then branched outinto the manufacturingand marketing of cocoaproducts: powder, massandbutter.

2000New production line Manufacturing of chocolate coverture commenced at the Valencia factory.

2005Belgian chocolates Acquisition of Chocolaterie Jacali (Belgium), specialising in Belgian chocolates and gifting.

2012-2014New markets Growth in USA and China.New sales office in China and factory in Canada.

2019Take Private by

Company taken out of the stock exchange, replacing the shareholder base with a stable and long term investor, Investindustrial. 4

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We have achieved 76% of our corporate social responsibilityplan (named “2020 Commitment”), with positive impacts on:sourcing, environment, healthy nutrition, Natra People andrelation with localcommunities.

We are present in 80% of the principal distribution chainsworldwide with full expertise in retail businesses andeconomies.Scalemotivated by producing high volumes.

GLOBAL SCOPECommercial Networking in more than 90 countries in 5continents enables us to monitor newest market trends andadapt ourproductoffercontinuously.

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“One third of our cocoa sourcing contributes to protect forests in tropical countries”

“We develop chocolates with greener and healthier ingredients”

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ConsumerRange

IndustrialRange

Product Expertise

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SPREADS SNACKINGTABLETS GIFTING

Consumer range

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FILLINGS COMPOUNDSCOCOA BUTTER

COCOA POWDER

INDUSTRIAL COUVERTURE

INDUSTRIAL POWDER

COCOA MASS

Industrial range

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MissionWe deliver outstanding chocolate and cocoa solutions for the leading retailers & branded

manufacturers, with excellence, safety, high quality standards and passionate people,

contributing to make worldwide consumers´ dreams come true.

VisionSpreading our passion for chocolate around the world.

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INTEGRITYWe are honest and transparent, withsolid principles. We commit with ourwork and communicate with eachotherconstantly.

EXCELLENCEWe set challenging goals above standards, maintaining and improving high levels of performance.

TEAMWORKWe work together to achieve our objectives, sharinginformation, supporting and recognizing thecontribution of each member of the organization tothe common goals.

INNOVATIONWe truly believe our talented people cancreate solutions to transform theorganization, our market and the society.

ENTREPRENEURSHIPWe create and promote new ways ofdoing things and new opportunitiesfor the business to grow.Values

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Worldwide Preferred Independent European Chocolatier

What makes us unique?

Presence in all 5 continents, serving retail and Co-manufacturing Brands customers

International Teams and Management

Customer centric (with strict focus)

Reliable & efficient operationsCategory management and market-driven (co)innovation capabilities.ESG values: H&S, Environmental & Governance.

Consumer division: Private label and ComanBrands only (non-branded).

Industrial division: Independent niche player differentiating from oligopolistic groups, offering taylor-made solutions, leveraging Chocolate Experts credentials.

European DNA, offering the 3 best recognized claims: Belgian, French & Swiss.

European manufacturing footprint in chocolate comprising Spain, France and Belgium

Vertically integrated / “bean to bar” manufacturer + 75 years of Chocolate Expertise

Pro-actively selling added-value Industry Solutions and serving other clients requests.

Sustainability: Main origins + Certified Cocoa.

Worldwide Excellence Independent

European Chocolatier

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