Company: NGVT
Filing Date: 2025-03-14
Form Type: PREC14A
Source: 0001539497-25-000939
Chunk: 16

Company: Ingevity Corp
Filing Date: 2025-03-14
Form: PREC14A
Chunk 16
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 lacks individuals with experience in sophisticated finance matters, including a returns-based approach to capital allocation. Mr. Mather reiterated that his expectation was that the Company’s stockholders would support the two Vision One Nominees and that Vision One was prepared to file its preliminary proxy statement with the SEC that evening. Ms. Blackwell and Mr. Fernandez-Moreno stated that they wanted to discuss with the rest of the members of the Board and Mr. Mather offered to hold off on filing Vision One’s preliminary proxy to allow for the Board to consider Mr. Mather’s proposal that the Board add at least one of the Vision One Nominees.

On March 13, 2025,
Mr. Fernandez-Moreno called Mr. Mather to state that the Company would not accept Mr. Mather’s proposal to add one of the Vision
One Nominees to the Board. Mr. Fernandez-Moreno stated that the Company would be willing to allow Mr. Mather to review the biographical
information of the other potential director candidates that had been identified by the Board provided that Vision One would sign a confidentiality
agreement. Mr. Mather rejected Mr. Fernandez-Moreno’s proposal as this was the same proposal that was made by the Company previously
and had already been rejected by Vision One. Vision One questions how committed the Company really is to resolving this matter constructively
with Vision One as the Company does not appear to have seriously considered Vision One’s proposal.

On March 14, 2025,
the Participants filed this Proxy Statement with the SEC and seeking support for Julio C. Acero and F. David Segaland recommending
that the Company’s stockholders vote “FOR” each of the Vision One Nominees.

Except as otherwise
noted herein, the information in this Proxy Statement concerning the Company has been taken from or is based upon documents and records
on file with the SEC and other publicly available information.

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<div align='center'>REASONS FOR OUR SOLICITATION</div>

We are soliciting
your support to elect the Vision One Nominees at the Annual Meeting because despite our efforts to engage constructively with the Board,
Ingevity has been unwilling to address the level of change that we believe is necessary to reposition the Company to maximize value for
all stockholders.

The Vision One Nominees
have extensive experience in finance, accounting, corporate strategy, risk management, corporate governance, investor relations, investing,
strategic transactions, operations