Company: NGVT
Filing Date: 2025-03-20
Form Type: DEFC14A
Source: 0001308179-25-000174
Chunk: 49

Company: Ingevity Corp
Filing Date: 2025-03-20
Form: DEFC14A
Chunk 49
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 salary and short-term and long-term incentives, as well as the performance metrics that are included in the incentive programs, are appropriate and consistent with the Company’s risk management practices and overall strategies. Tax and accounting considerations The T&C Committee considers tax and accounting considerations in structuring our executive compensation program. Section 162(m) of the Code generally disallows tax deductions for compensation paid by public companies to certain executive officers for compensation over $1 million in any year. Nonetheless, the T&C Committee believes that stockholder interests are best served if the T&C Committee’s discretion and flexibility in awarding compensation are not restricted, even though some compensation awards may result in non-deductible compensation expenses. Thus, the T&C Committee reserves the ability to approve compensation that is not deductible for income tax purposes, when the T&C Committee determines that such compensation is appropriate.

| INGEVITY  |  2025 
 Proxy Statement   | 67 |

Talent and Compensation Committee Report The T&C Committee has reviewed and discussed the Compensation Discussion and Analysis with management. Based on this review and discussion, the T&C Committee recommended to the Board that the Compensation Discussion and Analysis be included in this Proxy Statement and incorporated by reference into our Annual Report on Form 10-K for fiscal 2024. THE TALENT AND COMPENSATION COMMITTEE Diane H. Gulyas, Chair
Jean S. Blackwell
Bruce D. Hoechner
Frederick J. Lynch
Daniel F. Sansone

| 68 | INGEVITY  |  2025 
 Proxy Statement   |

Compensation Tables and Other Matters Summary Compensation Table The table below includes the total compensation of our NEOs for the fiscal year ended December 31, 2024.

| Name                                        
 and Principal Position                      |      | Year |         | Salary(1) 
       ($) |     | Bonus 
 ($)   |           |     Stock 
 Awards(2) 
       ($) |         | Option    
 Awards(3) 
 ($)       |           | Non-Equity 
  Incentive 
   Comp.(4) 
        ($) |        | Change        
 in            
 Pension Value 
 and           
 Nonqualified  
 Deferred      
 Comp.         
 Earnings      
 ($)(5)        |         |      All 
    Other 
 Comp.(6) 
      ($) |           |     Total 
       ($) |
| Luis                                        
 Fernandez-Moreno(7)                         
 Interim President & Chief Executive Officer |      | 2024 |         |   739,