Company: MATV
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001140361-25-009899
Chunk: 38

Company: Mativ Holdings, Inc.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 38
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             |         — |     |            |
|                     | Outplacement                              |     |                        |         — |     |                           |    25,000 |     |             |         — |     |            |         — |     |                        |     25,000 |     |             |         — |     |            |
|                     | Total:                                    |     |                        |         — |     |                           | 1,762,240 |     |             |   289,482 |     |            |         — |     |                        |  2,588,264 |     |             |   289,482 |     |            |

| * | As noted above, in connection with Ms. Schertell’s 2025 separation, she became entitled to the benefits set forth in the column entitled Without Cause or Good Reason Termination under the Without Change in Control heading, as calculated as of the applicable date of separation. |

| (1) | Because the termination events are assumed to occur on the last business day of the reporting year (2024), the amount of non-equity incentive plan compensation earned and reported in the 2024 Summary Compensation Table would be paid without regard to any special termination conditions and are not included in this table. |

| (2) | Represents the value of the accelerated vesting of performance-based or time-based long-term equity awards, as applicable. The value of the accelerated vesting of the equity awards reported in this table is based upon our closing stock price of $10.90 on December 31, 2024, the last trading day of 2024. |

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PAY RATIO As required by Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(u) of Regulation S-K, we are providing the following disclosure about the relationship of the median of the annual total compensation of our employees to the annual total compensation of Ms. Schertell, our former Chief Executive Officer. Ratio For 2024,

| • | The median of the annual total compensation of all of our employees, other than Ms. Schertell, was $57,898. |

| • | Ms. Schertell’s annual total compensation was $4,016,382, which differs from the amount reported in the Total column of the Summary Compensation Table - 2024, as discussed further below. |

| • | Based on this information, the ratio of the annual total