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
A colorless to light yellowish oily liquid that works as a UVB (280-320nm) sunscreen filter with a peak absorbance at 306 nm. It's not a strong filter in itself, it's always used in combination with other sunscreen agents to further enhance the SPF and to solubilize other solid UV filters.
It has a good safety profile and is allowed to be used at a max concentration of 5% both in the US and in Europe (10% is allowed in Japan).