Company: MATV
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001000623-25-000049
Chunk: 6

Company: Mativ Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 6
---
)Shares withheld for employee taxes(1.3)(0.8)Net cash provided by (used in) financing(17.5)16.4 Effect of exchange rate changes on Cash and cash equivalents and Restricted cash5.1 (4.3)Increase in Cash and cash equivalents and Restricted cash11.7 13.2 Cash and cash equivalents and Restricted cash at beginning of period94.3 120.2 Cash and cash equivalents and Restricted cash at end of period$106.0 $133.4 Supplemental Cash Flow DisclosuresCash paid for interest, net$42.4 $45.6 Cash paid for taxes, net$2.8 $8.7 Capital spending in Accounts payable and Accrued expenses and other current liabilities$2.6 $6.1 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

8

MATIV HOLDINGS, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited)

Note 1. General

Nature of Business Organization and operations - Mativ Holdings, Inc. ("Mativ," "we," "our," or the "Company") is a global leader in specialty materials, solving our customers’ most complex challenges by engineering bold, innovative solutions that connect, protect, and purify our world.  Mativ manufactures globally through our family of business-to-business and consumer product brands. Mativ targets premium applications across diversified and growing end-markets, from filtration to healthcare to sustainable packaging and more. Our broad portfolio of technologies combines polymers, fibers, and resins to optimize the performance of our customers’ products across multiple stages of the value chain.The Engineered Papers business ("EP business"), sold in November 2023 (the "EP Divestiture"), is presented as a discontinued operation where applicable. The unaudited condensed consolidated financial statements and the notes thereto, unless otherwise indicated, are on a continuing operations basis. Reportable Segments - the Company has two reportable segments: (1) Filtration & Advanced Materials ("FAM"), focused primarily on filtration media and components, advanced films, coating and converting solutions, and extruded mesh products, and (2) Sustainable & Adhesive Solutions ("SAS") focused primarily on tapes, labels, liners, specialty paper, packaging and healthcare solutions. Basis of Presentation The accompanying unaudited condensed consolidated financial statements