This ingredient can be used as UVB absorber. It also has a floral odor that might be used as a fragrance I gusess?
Ethylhexyl salicylate, or octyl salicylate (Octisalate), is an organic compound used as an ingredient in sunscreens and cosmetics to absorb UVB (ultraviolet) rays from the sun. It is an ester formed by the condensation of a salicylic acid with 2-ethylhexanol. C15H22O3. https://pubchem.ncbi.nlm.nih.gov/compound/2-ethylhexyl_salicylate