Company: NGVT
Filing Date: 2025-03-19
Form Type: PRER14A
Source: 0001308179-25-000166
Chunk: 38

Company: Ingevity Corp
Filing Date: 2025-03-19
Form: PRER14A
Chunk 38
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 executive officer’s scope of responsibility, experience and performance, competitive pay levels, market trends, economic conditions, and other relevant factors. The T&C Committee generally reviews and approves base salaries annually in February, with new salaries effective as of February 1 of the same year. The T&C Committee may make other salary adjustments periodically in connection with promotions or changes in role or responsibilities, to reward individual performance, for reasons related to retention, or to ensure market competitiveness. The committee’s review focuses on whether base salaries are equitably aligned within Ingevity and are at sufficiently competitive levels to attract and retain top talent. In addition, consideration is given to Comparative Compensation Data and such other factors as the T&C Committee considers appropriate. The T&C Committee also reviews base salary compensation with the Compensation Consultant.

| INGEVITY  |  2025 
 Proxy Statement   | 53 |

Compensation Discussion and Analysis 2024 Executive Compensation In Detail In July 2024, the T&C Committee approved an increase to Mr. Fisher’s base salary in connection with his promotion to Senior Vice President, General Counsel and Corporate Secretary. None of the other NEOs received base salary increases in 2024. The full-year base salaries for our NEOs for 2024 were as follows:

| NEO                |     |               2024 
 Annual Base Salary 
                ($) |     |               2023 
 Annual Base Salary 
                ($) |     | % Change |
| Mary Dean Hall     |     |            510,000 |     |            510,000 |     | 0.0%     |
| S. Edward Woodcock |     |            475,000 |     |            475,000 |     | 0.0%     |
| Richard A. White   |     |            460,000 |     |            460,000 |     | 0.0%     |
| Ryan Fisher        |     |            400,000 |     |            299,940 |     | 33.36%   |
| John C. Fortson(1) |     |          1,000,000 |     |          1,000,000 |     | 0.0%     |
| Stacy L. Cozad(2)  |     |            470,000 |     |            470,000 |     | 0.0%     |

| (1) | Mr.                                          
 Fortson left the Company on October