Company: NGVT
Filing Date: 2025-03-24
Form Type: PRRN14A
Source: 0001539497-25-001025
Chunk: 11

Company: Ingevity Corp
Filing Date: 2025-03-24
Form: PRRN14A
Chunk 11
---
 it was conducting a strategic alternatives review. Notably, this is the first time in the Company’s history that it has pre-announced earnings results. Vision One believes this was a direct attempt to boost the Company’s share price in advance of both the Company’s scheduled earnings release and the delivery of Vision One’s formal nomination notice.

On January 21, 2025, VOF, in its capacity as
a record holder of Shares, emailed Ingevity a formal notice of its intent to nominate each of Julio C. Acero, Courtney R. Mather, Merri
J. Sanchez, and F. David Segal as director candidates at the Annual Meeting pursuant to the requirements set forth in the Bylaws (the “ Nomination Notice”), which included the information required pursuant to Rule 14a-19(b)(1) of the Exchange Act that the Vision One Participants intend to solicit proxies for each of Messrs. Acero, Mather, and Segal and Dr. Sanchez for the election to the Board at the Annual Meeting and that the Vision One Participants intend to solicit proxies from holders of the outstanding capital stock of the Company that represents at least 67% of the voting power of the shares of capital stock entitled to vote on the election of directors in support of each of Messrs. Acero, Mather, and Segal and Dr. Sanchez. In addition, each of Messrs. Acero, Mather, and Segal and Dr. Sanchez consented to being named as a director nominee in any proxy solicitation materials and to serve on the Board if elected or appointed. A copy of the Nomination Notice was subsequently delivered to Ingevity’s corporate office and on January 23, 2025, Mr. Fisher confirmed receipt of the Nomination Notice.

| 9 |

OnJanuary
27, 2025, Mr. Fisher contacted Mr. Mather to request that interviews be scheduled between the members of the Company’s Nominating and Governance Committee (the “ Governance Committee”) and each of Messrs. Acero, Mather, and Segal and Dr. Sanchez.

On February 6 and February 7, 2025, each of
Messrs. Acero, Mather, and Segal and Dr. Sanchez met with Jean Blackwell, Diane H. Gulyas, and Bruce D. Hoechner, each of whom is a member of the Governance Committee. Vision One firmly believes that the interviews of Messrs. Acero, Mather,