Company: NGVT
Filing Date: 2025-03-10
Form Type: PREC14A
Source: 0001308179-25-000061
Chunk: 36

Company: Ingevity Corp
Filing Date: 2025-03-10
Form: PREC14A
Chunk 36
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         Actual 
    Performance |     | %         
 of Target 
 Achieved/ 
 Payout    |     |                           | Goals(1) |     |   | Actual Performance |     | %         
 of Target 
 Achieved/ 
 Payout    |
| Threshold**       |     | 25%          |     | $                        |    280.0 |     | $ |          320.6 |     | 153.0%    |     | $                         |    580.0 |     | $ |              614.6 |     | 65.2%     |
| Target            |     | 100%         |     | $                        |    305.0 |     |   |                |     |           |     | $                         |    625.0 |     |   |                    |     |           |
| Maximum           |     | 200%         |     | $                        |    330.0 |     |   |                |     |           |     | $                         |    670.0 |     |   |                    |     |           |

| *   | See                                                                                                               
 Appendix A for definitions and reconciliations of these non-GAAP financial measures to the nearest GAAP measures. |
| **  | No payout is earned on a metric if                                                                                
 results are below threshold.                                                                                      |
| (1) | Amounts expressed in millions                                                                                     |

Individual performance Performance goals are typically established near the beginning of the year and generally include both leadership objectives and strategic business objectives. Individual NEO performance is evaluated by the T&C Committee by comparing actual performance to the pre-established individual goals, as well as by considering individual accomplishments and other relevant performance criteria. Against the challenging and dynamic backdrop of 2024, and based on individual achievements against their goals, the T&C Committee approved STIP funding for the individual performance component of the STIP-eligible NEOs awards ranging from 49% to 118% of target. A description of each NEO’s individual performance achievements with respect to 2024 is set forth below under “2024 NEO STIP Payouts.”

| INGEVITY  |  2025 
 Proxy Statement   | 55 |

Compensation Discussion and Analysis 2024 Executive Compensation In Detail 2024 NEO STIP Payouts Based on the financial performance results described above, and the following individual performance achievements for each STIP-eligible NEO, STIP payouts for fiscal 2024 were as follows