Solstice Advanced Materials (SOLS) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order as the inaugural annual meeting following the company's spin-off from Honeywell in October 2025.

• Annual meeting held virtually on May 22, 2026, at 10:30 a.m. EDT, with four key proposals on the agenda.

• All directors, senior leadership, and independent auditor representatives were present, and a quorum was confirmed.

• Agenda and rules of conduct were made available to participants, with voting and Q&A procedures explained.

Financial performance review

• Net sales reached $3.9 billion in 2025, with a 4.5% CAGR from 2018 to 2025.

• Adjusted Standalone EBITDA for 2025 was $957 million, with a margin of 24.6%.

• Financials reflect a strong balance sheet and investments to accelerate growth.

• Non-GAAP measures such as Adjusted EBITDA and Adjusted Standalone EBITDA are used for performance analysis.

Board and executive committee updates

• Board composition highlighted as diverse in skills and experience, with a new Non-Executive Chairman.

• Board comprises experienced leaders with backgrounds in supply chain, finance, human resources, and industry expertise.

• Emphasis on independence, diversity, and alignment with long-term strategic vision.

• Four director nominees presented, all with significant industry leadership backgrounds.

• Beginning in 2028, all directors will stand for annual election, ending the classified board structure.