Mativ Holdings, Inc., Annual General Meeting, Apr 20, 2023

Speaker 1: Approximately 90% of the common stock of the company is represented at this meeting. Accordingly, we have a quorum present, so we will now move to the formal business of the meeting.

Speaker 1: There are four items to be voted on today. The election of three directors.

Speaker 1: The ratification of the selection of Deloitte & Touche as the company's independent registered public accounting firm for fiscal year 2023.

Speaker 1: a non-binding advisory vote to approve executive compensation, and a non-binding advisory vote on the frequency of the advisory vote on executive compensation.

Speaker 1: A meeting agenda and rules of conduct and procedures have been posted to the webcast platform, and we will conduct the meeting in accordance with these documents. To access and view these documents, please click on the documents icon at the top of the left side of your screen, then click on the document name to view.

Speaker 1: If you have voted your shares prior to the start of the 2023 Annual Meeting, your vote has been received by the company's Inspector of Elections, and there is no need to vote those shares during the meeting unless you wish to revoke or change your vote. If you have not yet voted or would like to change your vote, please vote by calling the

Speaker 1: You may do so by clicking the proxy voting site link on the left side of your screen.

Speaker 1: The polls will remain open until declared closed by Mr. Nunez.

Speaker 1: Select stockholder questions received during the meeting will be addressed at the end of today's webcast. Questions not answered during today's webcast will be addressed as soon as practical after the meeting by email or other direct communication, depending on the subject matter and relevance.

Speaker 1: Proposal number one.

Speaker 1: The first proposal is the election of three Class I directors as set forth in the proxy statement. A summary of each nominee's background can be found on pages 10 through 14 of the proxy statement. The following persons have been recommended by the Board of Directors and are hereby placed in nomination.

Speaker 1: for election to a three-year term as Class I directors.

Speaker 1: three-year term as Class I directors. William Cook. This 47 Forever young graduate of Raider t rats on campus.

Speaker 1: Jeffrey Keenan, and Marco Levy.

Speaker 1: May I have a motion that the nominations for directors be closed? I so move. Is there a second? I second that motion.

Speaker 1: We will now proceed to vote on this proposal.

Speaker 1: The Secretary has informed me that each of the Director nominees has received sufficient votes for election and, accordingly, it's declared that William Cook, Jeffrey Keenan, and Marco Levy have been duly elected as Class I Directors.

Speaker 1: to serve until the 2026 annual meeting of stockholders of the company, and until their respective successors are elected and shall have been qualified.

Speaker 1: Proposal number two.

Speaker 1: Proposal number two is the ratification of the selection of Deloitte & Touche as the company's independent registered public accounting firm for fiscal year 2023. Details regarding this proposal are set forth on pages 69 through 70 of the proxy statement. The directors recommend that Deloitte & Touche be ratified as the company's independent registered

Speaker 1: The Secretary has informed me that the proposal for ratification of the selection of Deloitte & Touche as the company's independent registered public accounting firm has received sufficient votes to be approved by the stockholders of the company, and accordingly, the Audit Committee's selection of Deloitte & Touche has been ratified.

Speaker 1: Proposal number three.

Speaker 1: Proposal number three is the Executive Compensation Advisory Vote. Proposals regarding this proposal are set forth on pages 72 through 73 of the Proxy Statement.

Speaker 1: The directors recommend a vote for the advisory vote on executive compensation.

Speaker 1: May I have a motion for approval of proposal number three? I so move. Is there a second? I second that motion.

Speaker 1: We will now proceed to vote on this proposal.

Speaker 1: The Secretary has informed me that the stockholders have approved on an advisory basis the compensation paid to our executive officers.

Speaker 1: Proposal number four. Proposal number four is the frequency of the advisory vote on executive compensation. Details regarding this proposal are set forth on page 74 of the proxy statement.

Speaker 1: The directors recommend a vote for an annual vote on the frequency of the advisory vote on executive compensation.

Speaker 1: May I have a motion for approval of proposal number four? I so move. Is there a second? I second that motion.

Speaker 1: We will now proceed to vote on this proposal.

Speaker 1: The Secretary has informed me that the stockholders have approved on an advisory basis an annual vote on the frequency for the vote on the compensation paid to our executive officers.

Speaker 1: This concludes today's formal business. We will now answer questions that stockholders have submitted during today's webcast through the meeting platform.

Speaker 1: As there were no pertinent questions submitted during today's webcast, we may conclude the Q&A session.

Speaker 1: Any questions not answered during the webcast will be addressed as soon as practical following today's meeting in accordance with the rules of conduct and procedure.

Speaker 1: In closing, I would like to thank everyone on today's call for your attendance and interest.

Speaker 1: There being no further business to come before this meeting, may I have a motion to adjourn? I so move. Is there a second? I second that motion. We will now vote on this motion.

Speaker 1: The motion passes. The meeting is adjourned. Thank you very much.