Company: NGVT
Filing Date: 2025-03-10
Form Type: PREC14A
Source: 0001308179-25-000061
Chunk: 49

Company: Ingevity Corp
Filing Date: 2025-03-10
Form: PREC14A
Chunk 49
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 is achieved. For   
 Mr. Fernandez-Moreno, amounts include DRSUs with a grant date fair value of $135,044 granted to Mr. Fernandez-Moreno in his    
 role as a non-employee director prior to his appointment as interim President and CEO of the Company. For Mr. Fisher, amounts  
 include a special award of RSUs granted to him in recognition of his service as interim Chief Human Resources Officer (“CHRO   
 RSUs”) with a grant date fair value of $100,016.  The CHRO RSUs vest ratably over three years on the anniversary               
 of the grant date of March 25, 2024. If the maximum level of performance was achieved with respect to the PSUs granted in      
 2024, the grant date fair value would be: Ms. Hall - $1,224,010;  Mr. Woodcock - $855,060; Mr. White - $828,079; Mr.           
 Fisher - $276,027; Mr. Fortson - $4,800,069; and Ms. Cozad – $930,661.                                                         |
| (3) | No options were awarded in 2024.                                                                                               |

| 68 | INGEVITY  |  2025 
 Proxy Statement   |

Compensation Tables and Other Matters Summary Compensation

| (4) | 2024 values represent                                                                                                           
 cash payments made to NEOs under the STIP. See “Compensation Discussion and Analysis – Short-Term Incentive Plan                
 and 2024 Awards” for additional information regarding the plan design, 2024 actual performance, and payouts authorized          
 under the STIP.                                                                                                                 |
| (5) | The Company does not maintain a qualified                                                                                       
 defined benefit pension plan for any of our salaried employees, including our NEOs. However, the Company maintains a Retirement 
 Restoration Plan that mirrors benefits provided under a qualified defined benefit plan sponsored and maintained by our former   
 parent company, WestRock. See Pension Benefits Table - 2024 below. During the 12-months ended December 31, 2024, Mr. Woodcock’s 
 benefits under this non-qualified Retirement Restoration Plan maintained by the Company experienced an actuarial decrease       
 in present value in the amount of $10,604. The present value of accumulated benefits is based on benefits payable at age 65     
 using a discount rate of 3.10 percent and mortality based on the “Pri-201