Company: NGVT
Filing Date: 2025-03-20
Form Type: DEFC14A
Source: 0001308179-25-000174
Chunk: 17

Company: Ingevity Corp
Filing Date: 2025-03-20
Form: DEFC14A
Chunk 17
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 | The Audit Committee;                                         |
| ■ | The Talent and Compensation Committee (the “T&C Committee”); |
| ■ | The Nominating and Governance Committee;                     |
| ■ | The Sustainability and Safety Committee; and                 |
| ■ | The Executive Committee.                                     |

Each committee’s responsibilities are described under “Committees of our Board of Directors.” Corporate Governance Guidelines The Board is committed to sound corporate governance policies and practices that are designed to enable Ingevity to operate responsibly and with integrity, to compete effectively, to sustain its business and to build long-term stockholder value. Our Board-approved Corporate Governance Guidelines (the “Guidelines”) are available on our website at https://ir.ingevity.com/corporate-governance/corporate-governance-documents. The Guidelines form a transparent framework for the effective governance of Ingevity, addressing matters such as the respective roles and responsibilities of the Board and management, the Board’s leadership structure, director independence and Board and committee membership criteria. The Guidelines are reviewed at least annually by the Nominating & Governance Committee in light of changing regulations, evolving best practices and other governance developments.

| 30 | INGEVITY  |  2025 
 Proxy Statement   |

Board and Corporate Governance Matters Board Leadership Structure Board Leadership Structure Our Board regularly reviews its leadership structure, how the structure is functioning, and whether the structure continues to be in the best interest of our stockholders. The Company’s current Board leadership structure consists of the following:

| INDEPENDENTCHAIR   | JEAN             
 S. BLACKWELL     |
| INTERIMPRESIDENT & 
 CEO                | LUIS             
 FERNANDEZ-MORENO |

Our Guidelines do not contain a firm policy regarding separation of the offices of CEO and Chair. Instead, the Guidelines give the Board flexibility to make the determination that is in the best interests of the stockholders based on applicable circumstances at the time of the decision. Except in connection with a leadership transition in 2020, the Company has always separated the roles of Chair and CEO. The Board believes that separating the positions of CEO and Chair allows for clear delineation of the role of the Chair and minimizes duplication of effort between the CEO and the Chair. The separation of roles also allows the CEO to focus on executing Ingevity’s strategic plan and managing its operations and performance, and facilitates effective oversight by the Chair and improved communications and relations between the Board, the CEO, and other senior leaders of the Company. The