Treatt Regulatory News (TET)

28 January 2022

TREATT PLC

("Treatt" or "the Group")

AGM Trading Update

Treatt, the manufacturer and supplier of a diverse and sustainable portfolio of natural extracts and ingredients for the beverage, flavour and fragrance industries, announces the following trading update ahead of its AGM to be held later today at 10.30a.m in the Group's new UK Headquarters in Skyliner Way, Bury St Edmunds.

Having reported record full year results for the year ended 30 September 2021, Treatt has made a good start to the new financial year, with the order book up strongly year-on-year. As previously indicated, against the backdrop of last year's unusually strong first half, we expect this year's profit before tax and exceptional items to revert to a more normal H2 weighting, reflecting the seasonality of beverage consumption in the Northern Hemisphere.

The business continues to grow across multiple categories reflecting our increasing investment in R&D and our relevance with prevalent consumer beverage trends, particularly the growing demand for healthier, natural products.

The move to the new UK headquarters is progressing as planned and will give us substantial extra capacity in coming years to grow with enhanced efficiency and an emphasis on sustainability. Our strategy to invest in our people and capabilities to support our growth journey, which we have announced previously, is also going well.

The Board therefore looks forward to the remainder of this financial year and beyond with confidence.

Treatt plc +44 (0)1284 702500

Daemmon Reeve Chief Executive Officer

Richard Hope Chief Financial Officer

Joint Brokers

Investec Bank Plc +44 (0)20 7597 5970

Patrick Robb

David Anderson

Peel Hunt LLP +44 (0) 20 7418 8900

George Sellar

Andrew Clark

Lalit Bose

Financial PR

MHP Communications +44 (0) 20 3128 8789

Tim Rowntree

Simon Hockridge

Catherine Chapman

About the Group

Treatt is a global, independent manufacturer and supplier of a diverse and sustainable portfolio of natural extracts and ingredients for the flavour, fragrance and multinational consumer product industries, particularly in the beverage sector. Renowned for its technical expertise and knowledge of ingredients, their origins and market conditions, Treatt is recognised as a leader in its field.

The Group employs over 300 staff in Europe, North America and Asia and has manufacturing facilities in the UK and US. Its international footprint enables the Group to deliver powerful and integrated solutions for the food, beverage and fragrance industries across the globe.

For further information about the Group, visit www.treatt.com.

CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS

This announcement contains forward-looking statements that are subject to risk factors associated with, among other things, the economic and business circumstances occurring from time to time in the countries, sectors and markets in which the Group operates. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a wide range of variables which could cause actual results to differ materially from those currently anticipated. No assurances can be given that the forward-looking statements in this announcement will be realised. The forward-looking statements reflect the knowledge and information available at the date of preparation of this announcement and the Group undertakes no obligation to update these forward-looking statements. Nothing in this announcement should be construed as a profit forecast.