Ingredion (INGR) AGM 2025 summary

Opening remarks and agenda

• Meeting called to order with appreciation for stockholder support and explanation of the virtual format to enhance accessibility and participation.

• Agenda and meeting conduct rules made available online, with clear instructions for stockholder participation and voting.

Financial performance review

• Business reorganized into three new segments in 2024 to align with strategic value drivers and improve customer engagement.

• Achieved 5% year-over-year increase in adjusted operating income and 8% increase including the sale of the South Korea business.

• Reported and adjusted EPS grew to $9.71 and $10.65, respectively, with cash from operations exceeding $1.4 billion.

• Returned $426 million to stockholders through dividends and share repurchases.

• Strong sales volume growth in Texture and Healthful Solutions offset pricing reductions from lower raw material costs.

Board and executive committee updates

• All Board members and executive leadership team attended, with KPMG and Broadridge representatives present.