AdvanSix (ASIX) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for June 18, 2025, to be held virtually, with voting on five key proposals including director elections, auditor ratification, executive compensation, stock incentive plan amendment, and a charter amendment to limit officer liability in line with Delaware law.

• Board recommends voting FOR all proposals and director nominees.

• Company reported 2024 Adjusted EBITDA of $142 million, Adjusted EPS of $1.96, and positive free cash flow, despite a 1% sales decline and operational disruptions.

• Achieved third consecutive EcoVadis Platinum CSR rating and named one of Newsweek's Most Responsible Companies for 2024.

Voting matters and shareholder proposals

• Proposal 1: Election of seven directors, with two current directors resigning and the board size reduced.

• Proposal 2: Ratification of PricewaterhouseCoopers LLP as independent auditors for 2025.

• Proposal 3: Advisory vote to approve executive compensation, with 95% support at the prior annual meeting.

• Proposal 4: Approval of amended and restated 2016 Stock Incentive Plan, increasing share reserve and extending plan term.

• Proposal 5: Amendment to Certificate of Incorporation to limit liability of certain officers as permitted by Delaware law.

Board of directors and corporate governance

• Board reduced to seven members, all with significant leadership, industry, ESG, and financial expertise.

• Board leadership structure separates Chair and CEO roles; Chair is independent.

• All committees (Audit, Compensation & Leadership Development, Nominating & Governance, Health, Safety & Environmental) are composed entirely of independent directors.

• Annual board and committee self-evaluations, with recent improvements to meeting schedules and materials.

• Stockholder engagement includes outreach to holders of nearly 70% of shares and annual advisory votes on executive compensation.