Company: NGVT
Filing Date: 2025-03-14
Form Type: PREC14A
Source: 0001539497-25-000939
Chunk: 24

Company: Ingevity Corp
Filing Date: 2025-03-14
Form: PREC14A
Chunk 24
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<div align='center'>MATTERS TO BE CONSIDERED AT THE ANNUAL MEETING

Proposal 1: Election of the Vision One Nominees</div>

The Board currently
consists of nine (9) directors. Directors hold office until the Company’s next annual meeting following their election or until
their successors are elected and duly qualified. Accordingly, on January 21, 2025, the Vision One Participants gave notice to the Company
of our intention to nominate the two (2) Vision One Nominees to serve as directors of the Company.

We have determined
to nominate Julio C. Aceroand F. David Segal. As a result, should a stockholder
so authorize us, on the GOLD universal proxy card, we would cast votes “FOR” the Vision
One Nominees.

Each of the Vision
One Nominees has consented to being named a nominee in this Proxy Statement and has confirmed his willingness to serve on the Board if
elected. The Vision One Participants intend to vote their Shares “FOR” each of the Vision One Nominees, “WITHHOLD”
on [●] and [●], and vote “FOR” the Company’s other seven (7) nominees ([●], [●],
[●], [●], [●], [●], and [●]).

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.

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 vote “FOR” the Company’s other seven (7) nominees ([●], [●],
[●], [●],