Company: NGVT
Filing Date: 2025-03-20
Form Type: DEFC14A
Source: 0001308179-25-000174
Chunk: 87

Company: Ingevity Corp
Filing Date: 2025-03-20
Form: DEFC14A
Chunk 87
---
 adjustments made pursuant to this Section 4.1(d) need not be the same for all Participants. Section 5 Administration 5.1 Authority of the Committee; Qualifications.Except as otherwise provided in this Plan with respect to actions or determinations by the Board, this Plan shall be administered by the Committee, subject to the following: (a) The members of the Committee shall satisfy any independence requirements prescribed by any stock exchange on which the Company lists its Common Stock; and (b) Awards may be granted to individuals who are subject to Section 16(b) of the Exchange Act only if the Committee is comprised solely of two or more “Non-Employee Directors” as defined in Securities and Exchange Commission Rule 16b-3 (as amended from time to time, and any successor rule, regulation or statute fulfilling the same or similar function). 5.2 Powers.Subject to the provisions hereof, the Committee shall have full and exclusive power and authority to administer this Plan and to take all actions that are specifically contemplated hereby or are necessary or appropriate in connection with the administration hereof. The Committee shall also have full and exclusive power to interpret this Plan and to adopt such rules, regulations and guidelines for carrying out this Plan as it may deem necessary or proper. Subject to Sections 5.4, 6.2 and 6.3 hereof, the Committee may, in its discretion: (a) select the eligible individuals to whom Awards may from time to time be granted; (b) determine whether and to what extent different forms of Awards are to be granted hereunder; (c) determine the number of shares of Common Stock to be covered by each Award granted hereunder or the amount of any cash-based award; (d) determine the terms and conditions of each Award granted hereunder, based on such factors as the Committee shall determine; (e) subject to Section 16, modify, amend or adjust the terms and conditions of any Award, at any time or from time to time; (f) adopt, alter and repeal such administrative rules, guidelines and practices governing the Plan as it shall from time to time deem advisable;

| 124 | INGEVITY  |  2025 
 Proxy Statement   |

Appendix B: Ingevity Corporation 2025 Omnibus Incentive Plan (g) accelerate the vesting or lapse of restrictions of any outstanding Award, based in each case on such considerations as the Committee in its sole discretion determines; (h) interpret the terms and provisions