Company: NGVT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001653477-25-000108
Chunk: 105

Company: Ingevity Corp
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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loss) on sale of strategic investments, loss on CTO resales, CTO supply contract termination charges, proxy contest charges, and pension and postretirement settlement and curtailment income (charges), net.

24

INGEVITY CORPORATIONNotes to the Condensed Consolidated Financial StatementsJune 30, 2025(Unaudited)

(2) Segment expenses included within the primary measure used by our CODM are included within the below table.Three Months Ended June 30,20252024In millions, except per share dataPMPCAPTPMPCAPTNet sales (i)$153.9 $167.9 $43.3 $157.2 $185.5 $47.9 Less:Cost of sales (ii) (iii)58.8 117.2 35.7 61.4 156.2 32.4 Selling, general, and administrative expenses (ii) (iv) 16.3 18.8 6.8 13.4 19.8 5.6 Other (income) expense, net (ii) (v)1.7 (0.1)(0.1)0.2 0.2 0.1 Segment EBITDA$77.1 $32.0 $0.9 $82.2 $9.3 $9.8 Six Months Ended June 30,20252024In millions, except per share dataPMPCAPTPMPCAPTNet sales (i)$300.7 $262.9 $85.5 $302.3 $332.5 $95.9 Less:Cost of sales (ii) (iii)113.2 194.6 59.3 113.5 292.1 64.8 Selling, general, and administrative expenses (ii) (iv) 32.7 37.6 12.7 28.4 40.9 11.4 Other (income) expense, net (ii) (v)(1.4)(1.0)0.1 0.2 0.8 0.4 Segment EBITDA$156.2 $31.7 $13.4 $160.2 $(1.3)$19.3 _______________(i) Relates to external customers only. Refer to Note