Company: NGVT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001653477-25-000127
Chunk: 44

Company: Ingevity Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 and amortization). We have excluded the following items from segment EBITDA: interest expense associated with corporate debt facilities, interest income, income taxes, depreciation, amortization, restructuring and other income (charges), net, goodwill impairment charges, acquisition and other-related income (costs), gain (loss) on strategic investments, proxy contest charges, portfolio review expenses, pension and postretirement settlement and curtailment income (charges), net, and indirect costs allocated to Divestiture.

27

INGEVITY CORPORATIONNotes to the Condensed Consolidated Financial StatementsSeptember 30, 2025(Unaudited)

(2) Segment expenses included within the primary measure used by our CODM are included within the below table.Three Months Ended September 30,20252024In millions, except per share dataPMPCAPTPMPCAPTNet sales (i)$155.0 $139.9 $38.2 $151.1 $133.9 $48.8 Less:Cost of sales (ii)58.9 99.5 22.1 56.4 95.7 32.2 Selling, general, and administrative expenses (ii) (iii) 16.3 15.4 6.4 14.1 11.6 5.4 Other (income) expense, net (ii) (iv)(0.1)0.2 (0.2)— 2.3 1.4 Segment EBITDA$79.9 $24.8 $9.9 $80.6 $24.3 $9.8 Nine Months Ended September 30,20252024In millions, except per share dataPMPCAPTPMPCAPTNet sales (i)$455.7 $333.1 $123.7 $453.4 $338.7 $144.7 Less:Cost of sales (ii)172.1 233.7 81.4 169.9 251.3 97.0 Selling, general, and administrative expenses (ii) (iii) 49.0 44.9 19.1 42.5 39.2 16.8 Other (income) expense, net (ii) (iv)(1.5)(0.6)(0.1)0.2 2.9 1.8 Segment E