Ingevity (NGVT) Investor presentation summary

Strategic transformation and portfolio focus

• Divested non-core assets, including Industrial Specialties and Road Markings, to simplify the portfolio and reduce earnings volatility.

• Established two core businesses: Performance Materials and Pavement Technologies, each aligned with strong competencies and consistent profitability.

• Advanced Polymer Technologies remains under strategic review, with a sales process in progress.

• Leveraging ~$1B in deployable cash over 2026-2027 for organic growth, debt reduction, and shareholder returns.

Business segment performance and financials

• Performance Materials generated $606.9M in 2025 sales with a 53.8% EBITDA margin, mainly serving the auto industry with activated carbon products.

• Pavement Technologies posted $400.5M in 2025 sales and a 15.1% EBITDA margin, focusing on additives for road construction and preservation.

• Advanced Polymer Technologies delivered $160.2M in 2025 sales and a 20% EBITDA margin, specializing in caprolactone-based specialty polymers.

• 2025 net sales totaled $1.2B, with a 31.9% adjusted EBITDA margin and $273.5M in free cash flow.

Market leadership, innovation, and sustainability

• Industry leader in automotive evaporative emission control systems, saving over 8 million gallons of gasoline daily with advanced activated carbon.

• Significant R&D investment in energy storage, renewable natural gas, and advanced purification technologies.

• 76% of revenue from products supporting UN Sustainable Development Goals; 74% renewable raw material use.

• ISCC PLUS mass balance accredited and multiple biodegradation certifications for polymer products.