Company: NGVT
Filing Date: 2025-03-10
Form Type: PREC14A
Source: 0001308179-25-000061
Chunk: 16

Company: Ingevity Corp
Filing Date: 2025-03-10
Form: PREC14A
Chunk 16
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 there is no need to appoint a Lead Independent Director. Ms. Blackwell has served as independent Chair of the Board since February 2021. Our Board Chair is elected to serve a two-year term, unless otherwise determined by the Board. Upon the recommendation of the Nominating & Governance Committee and following its own review, the Board elected Ms. Blackwell in February 2023 to continue her service as Board Chair for another two-year term. In February 2025, the Board voted to extend Ms. Blackwell’s term as Board Chair to end as of the end of day on the date of the Company’s 2025 Annual Meeting of Stockholders upon the recommendation of the Nominating & Governance Committee to have the Board Chair commence his or her term when the Board is newly elected. A new Board Chair will be elected at the Board’s meeting in April 2025 to serve a two-year term ending as of the end of day on the date of the Company’s 2027 Annual Meeting of Stockholders. In October 2024, the Board implemented a limit on service as Board Chair to two successive two-year terms unless the Board determines that it is in the best interests of the Company’s stockholders to make an exception. Mr. Fernandez-Moreno became Interim President & Chief Executive Officer on October 2, 2024 following the departure of John Fortson from the Company. The Board has engaged an executive search firm to identify a permanent Chief Executive Officer.

| 30 | INGEVITY  |  2025 
 Proxy Statement   |

Board and Corporate Governance Matters Committees of our Board of Directors Committees of our Board of Directors Our Board has established five standing committees to help the Board fulfill its responsibilities. Committee members are elected annually by the Board based on the recommendations of the Nominating & Governance Committee. Each committee operates under a charter, all of which are available at https://ir.ingevity.com/corporate-governance/corporate-governance-documents. The Board has determined that each member of its standing committees is independent under the relevant SEC and New York Stock Exchange (“NYSE”) standards, including the heightened independence standards required for members of audit and compensation committees. For more information on independence standards, see “Director independence.”

| AUDIT COMMITTEE                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
 CHAIR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 Daniel F. Sansone*                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
 ADDITIONAL GOVERNANCE MATTERS:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
 The Board has