Mativ Shareholders Elect Directors, Back Deloitte, Approve Say-on-Pay and Equity Plan Amendment

Key Points

• Director elections: Shareholders elected William Cook and Marco Levi as Class 1 directors, each to a three-year term expiring at the 2029 annual meeting.
• Auditor and pay vote: Stockholders ratified Deloitte & Touche as Mativ’s independent auditor for fiscal 2026 and approved the advisory (non-binding) say-on-pay vote for executive compensation.
• Equity plan amendment approved: Shareholders approved the second amendment to the Mativ Holdings, Inc. 2024 Equity and Incentive Plan; a quorum was present and no substantive shareholder questions were submitted during the meeting.

Mativ NYSE: MATV held its 2026 annual meeting of stockholders, where shareholders voted on four proposals, including the election of two directors, auditor ratification, an advisory vote on executive compensation, and an amendment to the company’s equity and incentive plan.

Meeting leadership and attendees

Kimberly E. Ritrievi, Chair of the Board, presided over the meeting and said Mark Johnson, the company’s Chief Legal and Administrative Officer and Corporate Secretary, would serve as secretary of the meeting. Ritrievi also introduced members of Mativ’s management team who were present, including Shruti Singhal, President and Chief Executive Officer, and Scott Minder, Chief Financial Officer, along with other senior leaders across human resources, information technology, operations, procurement, supply chain, sales, and strategy.

Ritrievi additionally acknowledged several directors who attended the meeting—Deborah Borg, Bill Cook, Marco Levi, and John K. Stipancich—as well as Phil Walsh of Deloitte & Touche, the company’s independent auditors.

Quorum confirmed; voting procedures outlined

Johnson said a list of stockholders of record as of March 10, 2026, had been prepared in accordance with Delaware corporate law and could be reviewed upon request through the company’s investor relations department. He also stated that Marlene Aguilar served as the inspector of elections and had certified that notice of the meeting and related proxy materials were duly distributed.

According to Johnson, proxies were tabulated by Broadridge Financial Solutions, and the inspector of elections confirmed that a quorum was present, with stockholders representing more than a majority of the outstanding shares entitled to vote.

Shareholders approve director elections

Under Proposal 1, shareholders voted on the election of two Class 1 directors. Johnson said the board recommended William Cook and Marco Levi, each for a three-year term expiring at the 2029 annual meeting of stockholders.

After the vote, Johnson reported that both nominees had received sufficient votes and were duly elected to serve until the 2029 annual meeting and until their successors are elected and qualified.

Auditor ratification and advisory say-on-pay vote pass

For Proposal 2, shareholders voted on ratifying the appointment of Deloitte & Touche as Mativ’s independent registered public accounting firm for fiscal year 2026. Johnson said the board and the audit committee unanimously recommended ratification, and he later announced the proposal received sufficient votes to pass.

Under Proposal 3, shareholders cast a non-binding advisory vote on executive compensation. Johnson said the directors recommended approval, and he subsequently reported that stockholders approved the compensation to be paid to the company’s executive officers on an advisory basis.

Equity plan amendment approved; no shareholder questions submitted

Proposal 4 addressed adoption of the second amendment to the Mativ Holdings, Inc. 2024 Equity and Incentive Plan. Johnson said directors recommended approval, and he later stated that stockholders approved the amendment.

Following the formal voting agenda, the company moved to a Q&A session. Johnson said he had been informed there were no pertinent questions submitted during the webcast through the meeting platform. A motion to adjourn was made and seconded, and the meeting was concluded.

• Proposal 1: Election of William Cook and Marco Levi as Class 1 directors (approved).
• Proposal 2: Ratification of Deloitte & Touche as independent auditor for fiscal 2026 (approved).
• Proposal 3: Advisory vote on executive compensation (approved).
• Proposal 4: Second amendment to the 2024 Equity and Incentive Plan (approved).

About Mativ NYSE: MATV

Mativ is a global supplier of specialty fiber-based materials and engineered solutions, established in April 2021 through the spin-off of Ahlstrom-Munksjö’s global filtration and engineered materials business. Trading on the New York Stock Exchange under the ticker MATV, the company focuses on designing and manufacturing high-performance products for a broad range of end markets, including life sciences, energy storage, industrial filtration, and consumer products.

Through its Advanced Solutions segment, Mativ produces innovative materials such as lithium-ion battery separators, specialty release liners, and pressure-sensitive adhesive tapes.

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