Company: NGVT
Filing Date: 2025-03-10
Form Type: PREC14A
Source: 0001308179-25-000061
Chunk: 66

Company: Ingevity Corp
Filing Date: 2025-03-10
Form: PREC14A
Chunk 66
---
 the amount of taxable compensation to the participant for U.S. federal income tax purposes, but such deduction may be limited under Sections 280G and 162(m) of the Code for compensation paid to certain executives designated in those Sections.

| 96 | INGEVITY  |  2025 
 Proxy Statement   |

Proposal 4 Recommendation of the Board Restricted Stock Units A participant will not be subject to tax upon the grant of a restricted stock unit award. Rather, upon the delivery of shares or cash pursuant to a restricted stock unit award, the participant will have taxable compensation equal to the fair market value of the number of shares (or the amount of cash) the participant actually receives with respect to the award. Ingevity will be able to deduct the amount of taxable compensation to the participant for U.S. federal income tax purposes, but the deduction may be limited under Sections 280G and 162(m) of the Code for compensation paid to certain executives designated in those Sections. Plan Benefits Because awards under the 2025 Omnibus Plan are determined by the Committee in its discretion, it is not possible to predict the awards that will be made to particular employees or non-employee directors in the future. Vote Required An affirmative vote of the majority of the shares of Common Stock present in person or represented by proxy at the Annual Meeting and entitled to vote on this proposal is required to approve the 2025 Omnibus Plan. Recommendation of the Board

| THE BOARD RECOMMENDS                                
 A VOTE “FOR” THE APPROVAL OF THE 2025 OMNIBUS PLAN. |

| INGEVITY  |  2025 
 Proxy Statement   | 97 |

Ownership of Equity Securities Principal stock owners The following table lists any person (including any “group” as that term is used in Section 13(d)(3) of the Exchange Act) who, to our knowledge, was the beneficial owner as of February 26, 2025, of more than 5% of our outstanding Common Stock.

| Name and Address of Beneficial Owner  |     |    Amount of 
       Common 
        Stock 
 Beneficially 
        Owned |     | Percentage of 
 our Common    
 Stock         |     | Sole Voting 
      Shares |     | Shared Voting 
        Shares |     |       Sole 
 Investment 
     Shares |     |     Shared 
 Investment 
     Shares |
| BlackRock, Inc.(1)                    
 55 East 52nd Street                   
 New York, New York 100