Company: MATV
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001140361-25-009899
Chunk: 62

Company: Mativ Holdings, Inc.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 62
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-ups.                                                                                         |
| ✘                 |     | Re-price stock options or buy-back equity grants.                                                                        |
| ✘                 |     | Allow directors and key executives (including all Named Executive Officers) to hedge or pledge their Company securities. |
| ✘                 |     | Executive employment contracts unless required by local law.                                                             |
| ✘                 |     | Excessive perquisites.                                                                                                   |

We believe that our executive compensation practices, in combination with a competitive market review, contribute to an executive compensation program that is competitive yet strongly aligned with stockholder interests.

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TABLE OF CONTENTS Accordingly, the Board recommends that our stockholders vote for the “say on pay” vote as set forth in the following resolution: RESOLVED, that our stockholders approve, on an advisory basis, the compensation paid to our Named Executive Officers, as disclosed pursuant to Item 402 of Regulation S-K, including in the “Compensation Discussion & Analysis,” the accompanying compensation tables and the corresponding narrative discussion and footnotes. Stockholders are not ultimately voting to approve or disapprove the Board’s recommendation. As this is an advisory vote, the outcome of the vote is not binding on the Company with respect to future executive compensation decisions, including those relating to its Named Executive Officers, or otherwise. The Compensation Committee and Board expect to take into account the outcome of the vote when considering future executive compensation decisions. Board Recommendation The Board of Directors unanimously recommends a vote FOR the approval of the advisory resolution relating to the compensation of our Named Executive Officers as disclosed in this Proxy Statement. 57

TABLE OF CONTENTS

PROPOSAL FOUR APPROVAL OF THE FIRST AMENDMENT TO THE MATIV HOLDINGS, INC. 2024 EQUITY AND INCENTIVE PLAN Background As of March 21, 2025, there were 63,614 shares of Common Stock remaining available for future issuances under the Mativ Holdings, Inc. 2024 Equity and Incentive Plan (the “2024 Plan”) (assuming outstanding PSUs are counted at maximum). Given the limited number of shares that currently remain available under the 2024 Plan, the Board and management believe it is important that the Plan Amendment (as defined below) be approved in order to maintain the Company’s ability to attract, motivate, reward and retain a talented team who will contribute to our success. The Board believes that the Company has used equity in a reasonable manner under the 2024 Plan and its prior equity plans, with a three-year average burn