Company: NGVT
Filing Date: 2025-03-14
Form Type: PREC14A
Source: 0001539497-25-000939
Chunk: 23

Company: Ingevity Corp
Filing Date: 2025-03-14
Form: PREC14A
Chunk 23
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and focus on decision making that is in the best interests of the Company’s stockholders.

If each of the Vision
One Nominees are elected, they will represent two out of nine members of the Board. There can be no assurance that the Vision One Nominees
will be able to implement the actions that the Participants believe are necessary to enhance stockholder value as the Vision One Nominees
will not constitute a majority of the Board. However, the Vision One Nominees expect to be able to actively engage other Board members
in full discussion of the issues facing the Company and resolve them together. By utilizing their experience and working constructively
with other Board members, the Vision One Nominees believe they can effect positive change at the Company.

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Stockholders are permitted
to vote for any combination (up to nine (9) total) of the Vision One Nominees and the Company’s nominees on the GOLD universal
proxy card. If stockholders choose to vote for any of the Company’s nominees, we recommend that stockholders “WITHHOLD”
on [●] and [●], and “FOR” on the Company’s other seven (7) nominees ([●], [●],
[●], [●], [●], [●], and [●]).

The Participants recommend
that stockholders “WITHHOLD” on:

| (1) | [●], and |

| (2) | [●]. |

We believe that these
individuals should be held accountable for failing to appropriately implement an effective corporate strategy, including supporting ill-advised
acquisitions, ill-timed share repurchases, and an imprudent capital allocation policy, and approving an excessive pay package for one
of its own. Based on our past interactions with Board, we do not trust that these directors will be receptive to concerns from stockholders
or that they will take the level of action necessary to overcome the challenges and obstacles that the Company has faced and put the Company
on a better path forward.

WE STRONGLY RECOMMEND A VOTE “ FOR” THE ELECTION OF THE VISION ONE NOMINEES.

If you have any questions
or require any assistance with voting your Shares, please contact our proxy solicitor, HKL & Co., LLC: Banks and Brokerage Firms Please Call Collect: +1 (212) 468-5380; All Others Call Toll-Free: +1 (800) 257-3995; Email:
.

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