Company: SXT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001140361-25-008248
Chunk: 11

Company: SENSIENT TECHNOLOGIES CORP
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 11
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 Board oversees a robust program related to product safety, including the following elements:

| • | The Board receives a report on food and personnel safety related issues at each meeting. |

| • | All product safety issues are reported to the CEO, and the Company’s head of product safety and quality is a direct report of the CEO. The Company has a written policy that sets forth specific reportable events and a timeline for required Board notification when a product safety issue occurs. |

| • | The Company has established guidelines for Good Manufacturing Practices (GMP) and Hazard Analysis and Critical Control Points (HACCP), and, since 1999, conducts comprehensive product safety audits, including GMP/HACCP audits, at all of its food ingredient manufacturing facilities. |

| • | Comprehensive and robust raw material approval processes are in place to ensure product safety. |

| • | Raw materials and finished goods are analyzed for compliance with specifications prior to use and shipment, respectively. |

| • | The Company conducts key vendor quality assurance inspections directly or by third-party accredited auditing organizations. |

| • | The Company develops and implements corrective action plans for all internal, customer, and third-party audit deficiencies. |

| • | The Company monitors industry violations and shares details of such violations with its customers. |

The Board oversees the Company’s Human Capital Management program, including the following elements:

| • | The Company seeks to benefit from the full spectrum of human talent, hiring the best talent and reflecting the needs of our customers and the communities in which we operate. To this end, the Company has a dedicated, internal Talent Acquisition team, which sources talent from a broad range of backgrounds and utilizes emerging technology, guided by a deep understanding of the Company’s business objectives and core values of integrity, professionalism, and safety. |

| • | The Company closely monitors and demands excellence in its on-boarding process, to ensure all new hires have the tools, training, Company knowledge, and management support necessary to succeed in the organization from day one. |

| • | The Company maintains and reviews annually its compensation and benefit programs, to ensure that it is providing market-competitive offerings designed to reward high performers and retain talent. |

| • | The Company conducts succession planning organization-wide on an annual basis to evaluate the pipeline for leadership roles and implement development plans for key talent. |

| • | The Company utilizes internal development programs such as the Sales Representative Trainee Program, the General Management Development Program, and the Flavorist Trainee Program to provide a robust internal pipeline of talent for