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Ashland (ASH) investor relations material

Ashland Proxy Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Proxy Filing summary9 Dec, 2025

Executive summary

  • Fiscal 2025 focused on disciplined execution, portfolio optimization, and sustainability integration, with resilient earnings, margin expansion, and strong free cash flow despite lower sales from divestitures and rationalizations.

  • Completed sale of Avoca business, delivered $30M in restructuring savings, and advanced a $60M manufacturing optimization program.

  • Repurchased $100M in stock; $520M remains authorized under the 2023 repurchase program.

  • Continued progress on Science Based Targets for emissions and maintained a strong safety record.

  • Looking ahead, priorities include investing in differentiated technologies, advancing sustainability, disciplined capital allocation, and fostering an inclusive culture.

Voting matters and shareholder proposals

  • Stockholders will vote to elect eight directors, ratify Ernst & Young LLP as independent auditor for fiscal 2026, and approve a non-binding advisory resolution on executive compensation.

  • Board recommends voting FOR all proposals.

  • Only stockholders of record as of November 21, 2025, are entitled to vote.

Board of directors and corporate governance

  • Board leadership combines Chair/CEO role with a Lead Independent Director for balance and oversight.

  • Four standing committees: Audit, Compensation, Sustainability and Productivity, and Governance & Nominating, all composed of independent directors.

  • Annual board and committee evaluations, director orientation, and continuing education are emphasized.

  • Board diversity: 2 females, 6 males; racial/ethnic diversity includes Hispanic/Latino, Asian/South Asian, and White/Caucasian; tenure ranges from 1 to 7+ years.

  • Majority of directors are independent; only the CEO/Chair is not.

Explain PEO's negative 'compensation actually paid' in FY25
How does portfolio focus accelerate innovation growth
Address director stock ownership guideline compliance
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Frequently asked questions

Ashland Inc. develops and manufactures specialty chemicals used in personal care, pharmaceuticals, food and beverage, energy, and industrial applications. Its product range includes polymers, rheology modifiers, and other performance-enhancing ingredients. The company is headquartered in Wilmington, Delaware, and its shares are listed on the NYSE.

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