Company: NGVT
Filing Date: 2025-03-10
Form Type: PREC14A
Source: 0001308179-25-000061
Chunk: 58

Company: Ingevity Corp
Filing Date: 2025-03-10
Form: PREC14A
Chunk 58
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 consolidated financial statements be included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, for filing with the SEC. THE AUDIT COMMITTEE Daniel F. Sansone, ChairFrederick J. Lynch
Karen G. Narwold
J. Kevin Willis
Benjamin G. Wright

| INGEVITY  |  2025 
 Proxy Statement   | 89 |

| PROPOSAL 4                       
 APPROVAL OF INGEVITY CORPORATION 
 2025 OMNIBUS INCENTIVE PLAN      |

| OUR BOARD RECOMMENDS                                 
 A VOTE FOR THE PROPOSED 2025 OMNIBUS INCENTIVE PLAN. |

On February 10, 2025, upon the recommendation of the T&C Committee of the Board (the “Committee”), the Board adopted the Ingevity Corporation 2025 Omnibus Incentive Plan (the “2025 Omnibus Plan”), subject to approval by our stockholders. The 2025 Omnibus Plan will only become effective if it is approved by the Company’s stockholders at the Annual Meeting (the date of such approval being the “New Plan Effective Date”). The primary purpose of the 2025 Omnibus Plan is to reward selected corporate officers, key employees and non-employee directors of the Company (and its subsidiaries) by enabling them to acquire shares of common stock of the Company and/or through the provision of long-term and short-term cash payments. The 2025 Omnibus Plan is designed to attract and retain employees and non-employee directors of the Company and to encourage a sense of proprietorship in the Company. We currently have one active equity-based incentive plan, the Amended and Restated 2016 Omnibus Incentive Plan (the “Existing Plan”). If approved by our stockholders, the 2025 Omnibus Plan will replace the Existing Plan. The 2025 Omnibus Plan will, among other things, allow the issuance of up to (a) [•] shares of Common Stock, plus (b) the number of shares of Common Stock that remain available for issuance under the Existing Plan immediately prior to the date the stockholders of the Company approve the 2025 Omnibus Plan 1,817,417 shares as of December 31, 2024), plus (c) the number of shares of Common Stock underlying any equity awards previously granted under the Existing Plan as of the New Plan Effective Date that, on or after