Solstice Advanced Materials Inc DEF 14A, filed Apr 2, 2026

Solstice Advanced Materials Inc. (SOLS)

DEF 14A 2026-04-02 For: 2026-05-22

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Added on June 12, 2026

About this DEF 14A

Solstice Advanced Materials Inc filed this DEF 14A on April 2, 2026.

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Filed by the Registrant			☒			Filed by a Party other than the Registrant			☐


☐			Preliminary Proxy Statement
☐			Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☒			Definitive Proxy Statement
☐			Definitive Additional Materials
☐			Soliciting Material under §240.14a-12


☒			No fee required.
☐			Fee paid previously with preliminary materials.
☐			Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.


1			Election to the Board of Directors of four Class I director nominees listed in the Proxy Statement for a two-year term expiring at the 2028 Annual Meeting of Shareowners
2			Ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for 2026
3			An advisory, non-binding vote to approve executive compensation
4			An advisory, non-binding vote to approve the frequency of the advisory vote on executive compensation
5			Transact any other business that may properly come before the meeting


About Solstice			1
Proxy Summary			4
PROPOSAL 1: Election of Class I Director Nominees			10
Corporate Governance			23
Director Compensation			39
Certain Relationships and Related Transactions			42
PROPOSAL 2: Ratification of the Appointment of Independent Registered Public Accounting Firm			45
Audit Committee Report			47
PROPOSAL 3: Advisory, Non-Binding Vote to Approve Executive Compensation			48
PROPOSAL 4: Advisory, Non-Binding Vote to Approve Frequency of Advisory Vote on Executive Compensation			49
Information About Our Executive Officers			50
Compensation Discussion and Analysis			53
Executive Compensation Tables			71
Stock Ownership Information			91
Additional Information			93
APPENDIX A: Reconciliation of Non-GAAP Financial Measures			A-1


Independence						Director Commitment and Tenure


•Independent Board Chair •100% of Board committees comprised of independent directors						•Service of directors limited to four public company boards total (two for directors who are public company CEOs, excluding their own company) •Non-employee director retirement age of 75 (or, if later, the day of the 5th annual meeting of shareowners following the Spin-off)

Shareowner Accountability						Board Practices


•Majority vote standard for uncontested director elections •Recommended annual “Say-on-Pay” vote •Active shareowner outreach and engagement •Committed to annual director elections for full Board by 2028						•Independent directors meet regularly in executive sessions without management present •Annual Board and committee self-evaluations

Alignment with Shareowner Interest						Risk Oversight


•Stock ownership guidelines for executive officers and non-employee directors •Anti-pledging, anti-hedging, and anti-short selling policies						•Regular review of the Company’s risk profile, including cybersecurity, responsible artificial intelligence (“AI”) governance, human capital management and sustainability; actively involved in setting new practices


Proposals		Recommended Vote	Page

1	Election of Four Class I Director Nominees	FOR each nominee	10
2	Ratification of the Appointment of Independent Registered Public Accounting Firm	FOR	45
3	Advisory, Non-Binding Vote to Approve Executive Compensation	FOR	48
4	Advisory, Non-Binding Vote to Approve Frequency of Advisory Vote on Executive Compensation	ONE YEAR	49


PROPOSAL 1	ELECTION OF CLASS I DIRECTOR NOMINEES	FOR each nominee

•Elect the four Class I director nominees identified below for a two-year term expiring at the 2028 Annual Meeting of Shareowners. •Nominees were individually and collectively assessed against a Board skill set matrix that identifies the key strategic skills and core competencies deemed necessary to oversee the Company’s current strategy.


PROPOSAL 2	RATIFICATION OF THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM	FOR

•Ratify the appointment of Deloitte & Touche LLP (“Deloitte”) for 2026. •Solstice’s Board of Directors and its Audit Committee believe that the continued retention of Deloitte as Solstice’s independent registered public accounting firm is in the best interests of the Company and its shareowners.


PROPOSAL 3	ADVISORY, NON-BINDING VOTE TO APPROVE EXECUTIVE COMPENSATION	FOR

•Approve, on an advisory, non-binding basis, the compensation of the Company’s Named Executive Officers (sometimes referred to as “NEOs”). •Our executive compensation policies are designed to attract and retain executive talent by providing competitive levels of compensation that align pay with performance. We use both short- and long-term performance-based compensation to align compensation with our financial performance and shareowner returns. •The Compensation Committee provides ongoing oversight of our executive compensation program, ensuring it continuously aligns with our compensation philosophy and strategic business objectives, while also accounting for market-based insight and shareowner perspectives.


PROPOSAL 4	ADVISORY, NON-BINDING VOTE TO APPROVE FREQUENCY OF ADVISORY VOTE ON EXECUTIVE COMPENSATION	ONE YEAR

•Approve, on an advisory basis, the frequency of the advisory vote on executive compensation. •The Board recommends a vote of ONE YEAR for this proposal.



			The Board of Directors unanimously recommends a vote “FOR” the election of each Class I Director nominee for a two-year term expiring at the 2028 Annual Meeting of Shareowners.


						Working knowledge: experience derived through investment banking, private equity investing, serving as a member of a relevant board committee at Solstice or at another public company, or serving as an executive officer or on the board of a public company in the relevant industry.
						Managerial expertise: expertise derived through direct managerial experience.
						Technical expertise: has direct hands-on experience or was a subject-matter expert during his/her career.


Strategic Skills	GLOBAL EXPERIENCE	Growing sales outside of the United States is a central part of our long-term strategy for growth. Hence, exposure to markets and economies outside of the United States is an important qualification for our directors. This exposure can take many forms, including government affairs, regulatory, managerial, or commercial.


	REGULATED INDUSTRIES / GOVERNMENT EXPERIENCE	Solstice is subject to a broad array of government regulations, and demand for our products and services can be impacted by changes in law or regulation in areas such as chemicals, security, and controlled materials, global climate change, health and safety, and nuclear and alternative energy. It is important to have directors with experience in government and regulated industries that provide them with insight and perspective in working constructively and proactively with governments and agencies globally.


	INNOVATION AND TECHNOLOGY	Solstice has a long history of innovation and intends to continue investing in its innovation and manufacturing capabilities.


	MARKETING	Developing new markets for products and services is critical for driving growth. Solstice directors who have that expertise provide a much-desired perspective on how to better market and brand our products and services.


	ENERGY TRANSITION / DIGITALIZATION	General acceptance of nuclear power as a viable alternative and renewable energy source is a key component of the success of our Nuclear (Alternative Energy Services) business, and directors with experience in the nuclear power and renewable and other alternative energy industries provide valuable insight on navigating and capitalizing on the energy transition.


	CORPORATE RESPONSIBILITY	Experience in environmental, social, and governance matters enables management of associated risks and opportunities as strategic business imperatives. With sustainability as a core element of Solstice’s long-term strategy and a critical part of Solstice’s commercial offerings, it is important to have directors with expertise in products and solutions that support more sustainable outcomes, climate change drivers and impacts, corporate social responsibility, human capital management, and corporate ethics.


Core Competencies	SENIOR LEADERSHIP EXPERIENCE	Experience serving as Chief Executive Officer or a senior executive as well as hands-on leadership experience in core management areas – such as strategic and operational planning, financial reporting, compliance, risk management, and leadership development – provide a practical understanding of complex organizations like Solstice.


	PUBLIC COMPANY BOARD EXPERIENCE	Service on the boards and board committees of other public companies provides an understanding of corporate governance practices and trends and insights into board management, relations between the board, the Chief Executive Officer, and senior management, agenda setting, and succession planning.


	RISK MANAGEMENT	In light of the Board’s role in risk oversight and the Company’s robust Enterprise Risk Management (ERM) program, Solstice seeks directors who can help identify, manage, and address key risks, including cybersecurity, regulatory compliance, competition, brand integrity, human capital, sustainability, and intellectual property.


	FINANCIAL EXPERTISE	The Company believes an understanding of finance, investment, mergers and acquisitions, and financial reporting processes is important for its directors to enable them to monitor and assess the Company’s operating and strategic performance and to ensure accurate financial reporting and robust controls. Solstice seeks directors with background and experience in institutional investing, private equity, mergers and acquisitions, capital markets, corporate finance, accounting, and financial reporting.



1	2	3	4	5

Director feedback is solicited on an individual basis through written questionnaires; the Nominating and Governance Committee discusses, considers, and approves the form of questionnaire each year	Our Chairman and the Chair of the Nominating and Governance Committee conduct individual director interviews to supplement the written questionnaires	The feedback is reviewed and summarized by the internal legal team and outside counsel	Summary of feedback and recommendations are shared with the Board and each Board committee for discussion and development of action plan for implementation of any changes	The Board and committees work with management to take concrete steps to improve policies, processes, and procedures to further Board and committee effectiveness



			ANNUAL SHAREOWNER MEETING ATTENDANCE						Solstice’s Corporate Governance Guidelines encourage all directors to attend our Annual Meeting of Shareowners. Solstice did not have an Annual Meeting of Shareowners during 2025.


			ENGAGEMENT WITH MANAGEMENT						The Board and its committees provide feedback to management, and management is required to answer questions raised by the directors during Board and committee meetings. Our senior management meets regularly with the Board, including yearly reviews of Solstice’s long-term strategic plan and annual operating plan.


			DIRECTOR EDUCATION						Solstice’s Board believes that director education is vital to the ability of directors to fulfill their roles and supports Board members in their continuous learning. Directors may enroll in continuing education programs at Solstice’s expense on corporate governance and critical issues associated with a director’s service on a public company board. The Board also hears regularly from management on numerous subjects, including investor sentiments, shareowner activism, regulatory developments, corporate responsibility-related matters, data privacy, geopolitical developments, supply chain risk, cybersecurity, and AI. In addition, the Board periodically participates in site visits to Solstice’s facilities and has multiple opportunities to engage with employees across our businesses.


			DIRECTOR ORIENTATION						All new directors participate in the Company’s director orientation program during the first year on the Board. New directors receive an extensive suite of onboarding materials covering director responsibilities, corporate governance practices and policies, business strategies, leadership structure, and long-term plans. Participation in regular Board and committee meetings also provides new directors with a strong foundation for understanding Solstice’s businesses, connects directors with members of management with whom they will interact, and accelerates their effectiveness to engage fully in Board deliberations. Directors have access to additional orientation and educational opportunities upon acceptance of new or additional responsibilities on the Board or its committees.


			OTHER BOARD MEMBERSHIPS						Pursuant to our Corporate Governance Guidelines, directors should not serve on more than four public company boards (including the Solstice Board), and directors who serve as chief executive officer of a public company should not serve on more than two public company boards (excluding the board of the company of which such director is the chief executive officer). Directors should advise the Chairman in advance of accepting an invitation to serve on another public company board. The Nominating and Governance Committee reviews external perspectives and trends on the appropriate number of public company boards on which directors may serve, including the proxy voting guidelines of our major shareowners and voting policies of the major proxy advisory firms.


			TIME COMMITMENT						In addition to the board membership limits described above, the Corporate Governance Guidelines provide that, as part of the Nominating and Governance Committee’s annual review of the requisite skills and characteristics of Board members, the Nominating and Governance Committee will consider the ability of Board members (and candidates for membership) to devote sufficient time to performing their duties in an effective manner. The Nominating and Governance Committee assesses directors’ time commitments through the annual director and officer questionnaire and self-evaluation process and prior to the re-nomination of currently serving directors.



			DIRECTOR TENURE AND TERM LIMITS						Per the Corporate Governance Guidelines and Board policy, unless the Board otherwise determines, non-employee directors will serve only until the later of (i) the day of the Annual Meeting of Shareowners immediately following their 75th birthday and (ii) the day of the 5th Annual Meeting of Shareowners following the consummation of the Spin-off from Honeywell. There are no term limits for service on the Board. The Company and the Board believe that term limits may force the Company to lose the contribution of directors who, over time, have developed increased insight into the Company’s businesses and operations. The Board intends to maintain a balance of directors who have longer terms of service and directors who have joined more recently.


			CHANGE IN JOB RESPONSIBILITIES						The Corporate Governance Guidelines also provide that directors should offer to tender their resignation in the event of a change in the principal job responsibilities that they held at the time of their election to the Board or the principal job responsibilities taken subsequent to their election to the Board.


Name	Audit	Compensation	Nominating and Governance

Dr. Rajeev Gautam	Ex officio	Ex officio	Ex officio
David Sewell
Peter Gibbons
Fiona C. Laird
Rose Lee
William Oplinger
Sivasankaran Somasundaram
Matthew Trerotola
Patrick Ward
Brian Worrell



			Audit Committee Committee Chair: Brian Worrell* Other Committee Members: Peter Gibbons Patrick Ward* *Audit Committee Financial Expert Meetings Held in 2025: 3 •All members independent •Has oversight over our independent registered public accounting firm •Separately designated standing audit committee established in accordance with Section 3(a)(58)(A) of the Exchange Act						•Consider the independence of, appoint (and recommend to shareowners for approval), and be directly responsible for the compensation, retention, and oversight of the firm that serves as our independent registered public accounting firm; this includes resolving any disagreements between the firm and management regarding financial reporting. •Review the scope and results of the audit with the independent registered public accounting firm. •Review with management and the independent registered public accounting firm the annual and interim financial results (including Management’s Discussion and Analysis) to be included in Forms 10-K and 10-Q prior to filing. •Consider the adequacy and effectiveness of our internal control over financial reporting and auditing procedures, including (effective in 2026) management’s annual assessment. •Review, approve, and establish procedures for the receipt, retention, and treatment of complaints received by Solstice regarding accounting, internal control over financial reporting, or auditing matters and for the confidential, anonymous submission by employees of concerns regarding accounting or auditing matters. •Monitor and provide risk oversight with respect to focus areas assigned to the committee from time to time by the Board, including cybersecurity, data use and compliance (including under AI regulations), tax and liquidity management, product integrity and product security, vendor risk, operational business continuity, and crisis management. •Together with the full Board, exercise oversight over the enterprise risk management (“ERM”) process and assess adequacy of mitigation strategies for the risks identified through ERM. •Oversee performance of the Company’s internal audit function.



			Nominating and Governance Committee Committee Chair: Sivasankaran Somasundaram Other Committee Members: Rose Lee William Oplinger Meetings Held in 2025: 1 •All members independent						•Identify and evaluate potential director candidates and recommend to the Board the nominees for election to the Board. •Review and make a recommendation to the Board regarding whether to accept a resignation tendered by a Board nominee who does not receive a majority of votes cast for his or her election in an uncontested election of directors. •Review and recommend changes to the Corporate Governance Guidelines. •Together with the Chairman, lead the Board in its annual evaluation of the performance of the Board and its committees. •Review policies and make recommendations to the Board concerning the size and composition of the Board, qualifications and criteria for director nominees, director retirement policies, compensation and benefits of non-employee directors, conduct of business between Solstice and any person or entity affiliated with a director, the structure and composition of Board committees, and the allocation of risk oversight responsibilities among Board committees. •Oversee overall sustainability performance and associated risks and opportunities. •Review and oversee related party transactions for potential conflicts of interest on an ongoing basis, as appropriate. •Monitor and provide risk oversight with respect to focus areas assigned to the committee from time to time by the Board, including political contributions and lobbying, geopolitical risk, regulatory compliance matters, responsible AI governance, integrity and ethics, health, safety, environmental, product stewardship, and sustainability. •Review our policies and programs as may be brought to the attention of the committee regarding Solstice’s role as a responsible corporate citizen.



			Compensation Committee Committee Chair: Fiona C. Laird Other Committee Members: Rose Lee Matthew Trerotola Meetings Held in 2025: 2 •All members independent •Administers Solstice’s executive compensation program •Retains independent compensation consultant						Evaluate and approve executive compensation plans, policies, and programs, including review and approval of executive compensation-related corporate goals and objectives. Review and approve the individual goals and objectives of the Company’s executive officers. Evaluate the Chief Executive Officer’s performance relative to established goals and objectives and, together with the other independent directors, determine and approve the Chief Executive Officer’s compensation level. Review and determine the annual salary and other remuneration (including incentive compensation and equity-based plans) of all other officers. Review and discuss with management the Compensation Discussion and Analysis and other executive compensation disclosures included in this Proxy Statement. Produce the annual Compensation Committee Report included in this Proxy Statement. Form and delegate any of the Compensation Committee’s authorities to subcommittees when appropriate. Review the Company’s management development program, including executive succession. Review or take such other action as may be required in connection with the bonus, stock, and other benefit plans of Solstice and its subsidiaries. Monitor and provide risk oversight with respect to focus areas assigned to the committee from time to time by the Board, including succession planning, retention and recruitment of key talent, employment practices and policies, workplace respect and culture, workforce composition, workplace violence, and employee engagement and wellness.



Board Cash Retainer						$100,000 per annum


Board Chairman – Additional Cash Retainer						$125,000 per annum


Board Committee Membership – Additional Cash Retainer						Committee Chairs •Audit Committee Chair: $25,000 •Compensation Committee Chair: $20,000 •Nominating and Governance Committee Chair: $15,000 •Other Committee Chair: $15,000 Committee Members •Audit Committee Member: $12,000 •Compensation Committee Member: $10,000 •Nominating and Governance Committee Member: $10,000 •Other Committee Member: $10,000


Annual Equity Grants						•Restricted stock units (sometimes referred to as “RSUs”) with a target value of $155,000 •Awarded annually on the date of the Annual Meeting of Shareowners •RSUs vest on the earliest of (i) the first anniversary of the grant date and the next Annual Meeting of Shareowners, (ii) the director’s death or disability, or (iii) removal from the Board coincident with the occurrence of a change in control


Director Name		Fees Earned or Paid in Cash(1) ($)		Stock Awards(2) ($)	All Other Compensation(3) ($)	Total ($)

Dr. Rajeev Gautam		38,519		90,449	—		128,968
Peter Gibbons	19,174		90,449		—	109,623
Fiona C. Laird	20,543		90,449		—	110,992
Rose Lee	20,543		220,540		—	241,083
William Oplinger	18,832		90,449		—	109,280
Sivasankaran Somasundaram	19,688		90,449		—	110,136
Matthew Trerotola	18,832		90,449		—	109,280
Patrick Ward	19,174		90,449		—	109,623
Brian Worrell	21,399		90,449		—	111,848



Separation and Distribution Agreement						The Separation and Distribution Agreement sets forth, among other things, the Company’s agreements with Honeywell regarding the principal actions taken in connection with the Spin-off. It also sets forth other agreements that govern certain aspects of the Company’s ongoing relationship with Honeywell after the completion of the Spin-off.


Transition Services Agreement						The Transition Services Agreement governs certain transitional services provided by Honeywell to the Company. The services, including services such as information technology support, human resources support, treasury administration support, and logistics support, are being provided for a limited time, generally for no longer than 12 months, and are provided for specified fees, which are generally based on the cost of services provided.



Tax Matters Agreement						The Tax Matters Agreement governs the Company’s and Honeywell’s respective rights, responsibilities, and obligations with respect to tax liabilities and benefits, tax attributes, the preparation and filing of tax returns, the control of audits and other tax proceedings, and other matters regarding taxes. The Tax Matters Agreement provides special rules that allocate tax liabilities in the event the share distribution or certain related transactions fail to qualify as a transaction that is tax-free for U.S. federal income tax purposes (other than any cash that Honeywell shareowners received in lieu of fractional shares).


Employee Matters Agreement						The Employee Matters Agreement addresses employment and employee compensation and benefits matters and the allocation and treatment of assets and liabilities relating to employees and compensation and benefit plans and programs in which the Company’s employees participated prior to the Spin-off. Except as specifically provided in the Employee Matters Agreement, the Company is generally responsible for all employment and employee compensation and benefits-related liabilities relating to the Company’s employees, former employees, and other service providers.


Intellectual Property Cross-License Agreement						The Intellectual Property Cross-License Agreement governs the terms by which each of Solstice and Honeywell, and their respective affiliates, grant and receive non-exclusive licenses to and from each other in respect of certain patents, know-how (including trade secrets) and copyrights allocated under the Separation and Distribution Agreement to use in their respective businesses and natural evolutions thereof. The Intellectual Property Cross-License Agreement expires on a licensed patent-by-licensed patent and licensed copyright-by-licensed copyright basis upon expiration of the relevant intellectual property and is perpetual with respect to all other intellectual property licensed by each of the Company and Honeywell, and is otherwise non-terminable except in certain circumstances where either party challenges the validity or scope of the patents licensed to such party under the agreement (in which case, the other party may terminate the licenses granted to such party). In addition, the agreement is assignable in whole or in relevant part to their respective affiliates or a successor to all or a portion of the business or assets related to the agreement, but is not otherwise be assignable without consent.


Trademark License Agreement						The Trademark License Agreement provides Solstice with a transitional period of time, from eight weeks to two years based on usage type, to phase out its use of certain names, trademarks, and brands owned by or allocated to Honeywell under the Separation and Distribution Agreement. In addition, under the Trademark License Agreement, Honeywell and its affiliates grant an exclusive, royalty-bearing, one-year license to the Company under the Honeywell trademark for use in connection with the Company’s 1234yf DIY products in the U.S. and Canada (which license the Company may elect to extend once for an additional one-year period) and 10-year license (subject to certain early termination rights) to the Company under the Honeywell trademark for use in in connection with certain refrigerant products in Saudi Arabia, United Arab Emirates, Pakistan, Qatar, Oman, Kuwait, Jordan, Egypt, Israel, and Iraq.


Accelerator License Agreement						The Accelerator License Agreement provides Solstice with a perpetual, non-exclusive, royalty-free license to use, modify, enhance, and improve the Honeywell Accelerator operating model (as defined herein). The Honeywell Accelerator operating model utilizes systems, processes, best practices, and management philosophies spanning across the whole organization and benefiting customers and stakeholders (the “Honeywell Accelerator operating model”). Under the Accelerator License Agreement, Honeywell licenses to the Company the Honeywell Accelerator operating model for use in connection with the conduct of the Solstice business. The license is terminable by Honeywell only in connection with an uncured material breach.



Other Agreements						In certain limited cases, we (or our applicable subsidiary) have entered into certain sub-leases with Honeywell (or its applicable subsidiary) pursuant to which a portion of certain sites currently leased from third parties under operating leases are sub-leased to us, Honeywell, or one of our or Honeywell’s applicable subsidiaries until the end of the term of the primary lease. In addition, we or certain of our subsidiaries have entered into certain other commercial services and distribution or supply agreements with Honeywell or certain of its subsidiaries, the terms and conditions and costs of which are specified in each such agreement, and were entered into on an arm’s length basis and on market terms.


Types of fees (in millions)			2025 ($)

Audit Fees(1)			2.7
Audit-Related Fees(2)			0.1
Tax Fees(3)			0.3
All Other Fees(4)			—
Total Fees			3.1


									See “Proposal 1: Election of Directors – Continuing Class III Directors” for Mr. Sewell’s biography.

			DAVID SEWELL President and Chief Executive Officer and Director Age: 57


									Mr. Clifford has served as Solstice’s Senior Vice President and Chief Human Resources Officer since October 2025. From June 2025 to October 2025, Mr. Clifford served as Vice President, Human Resources, Solstice Advanced Materials at Honeywell, a publicly traded company that specializes in aerospace technologies, industrial automation, building automation, and energy and sustainable solutions. Previously, Mr. Clifford served as Vice President, Human Resources, Global Operations and Technology, and Regional HR Leader at Analog Devices, a global semiconductor company, from March 2023 to May 2025. Prior to Analog Devices, Mr. Clifford had nearly 17 years of experience at Honeywell, including serving as Vice President, Human Resources and Communication, Honeywell Building Technologies from July 2021 to March 2023, Vice President, Human Resources and Communication, PMT from October 2018 to July 2021, Vice President, Corporate Human Resources from September 2017 to October 2018 and various other senior human resources roles from April 2006 to September 2017. Prior to Honeywell, Mr. Clifford served as Human Resources Director, Mid-Atlantic Region at Frito Lay, an American snack food company, from July 2004 to April 2006 and in several human resources roles at DuPont, a global science and innovation company, from April 2002 to July 2004, and ARAMARK, a food services and facilities management company, from July 1996 to April 2002. Mr. Clifford holds a bachelor’s degree in Industrial and Labor Relations and a Master of Business Administration from Cornell University.

			JASON CLIFFORD Senior Vice President and Chief Human Resources Officer Age: 51


									Mr. Dormo has served as Solstice’s Senior Vice President and General Manager, Refrigerants and Applied Solutions (RAS) since October 2025. Previously, Mr. Dormo served in a variety of positions with Honeywell, a publicly traded company that specializes in aerospace technologies, industrial automation, building automation, and energy and sustainable solutions, including as President, Sustainability and Decarbonization from July 2024 to October 2025, President, Honeywell Advanced Materials from July 2023 to July 2024, Vice President and General Manager, Fluorine Products from March 2022 to July 2023, Vice President and General Manager, Electronics and Chemicals from June 2020 to February 2022, and several other senior customer experience, strategy, and marketing roles from March 2017 to June 2020. Prior to Honeywell, Mr. Dormo served in several senior product management roles at Dow Inc., a publicly traded chemical manufacturer, from July 2013 to March 2017. Mr. Dormo also served in the United States Navy from 2006 to 2009 and was an instructor at the United States Naval Academy from 2009 to 2011. Mr. Dormo holds a bachelor’s degree in Electrical Engineering from the United States Naval Academy, a Master of Science in Electrical Engineering from Stanford University, and a Master of Business Administration from Harvard Business School.

			JEFFREY DORMO Senior Vice President, Refrigerants and Applied Solutions Age: 44


									Dr. Mawson has served as Solstice’s Senior Vice President and General Manager, Electronic and Specialty Materials (“ESM”) since October 2025. Dr. Mawson has over 25 years of experience in the chemical industry. Dr. Mawson previously served in several positions at Honeywell, a publicly traded company that specializes in aerospace technologies, industrial automation, building automation, and energy and sustainable solutions, including as Senior Vice President and General Manager, ESM, Solstice Advanced Materials, from August 2025 to October 2025, President, Advanced Industrial Solutions from July 2024 to August 2025, and Vice President and General Manager, Electronics and Materials from June 2022 to July 2024. Prior to Honeywell, Dr. Mawson served as Senior Vice President, Head of Business Accelerators/Incubators, from January 2020 to June 2022 and as Senior Vice President and General Manager, Adhesive Technologies from November 2014 to December 2019, at Henkel AG & Co. KGaA, a German company that manufactures adhesives, sealants, and functional coatings. Dr. Mawson also previously held various other positions in the chemical industry, including Vice President, Novecare at Solvay Chemicals, Inc., a multinational chemical company, from 2011 to 2014, Global Marketing Director, Coatings Additives at Dow Chemical, a multinational chemical producer, from 2009 to 2010, and various sales and marketing roles at Rohm and Haas, a global specialty materials company, from 2001 to 2009. He started his career as a R&D Process Engineer at Univation Technologies, a Union Carbide/Exxon Chemical joint venture. Dr. Mawson holds a bachelor’s degree in Chemical Engineering from North Carolina State University, a Ph.D. in Chemical Engineering from The University of Texas at Austin, and a Master of Business Administration from Duke University.

			SIMON MAWSON Senior Vice President, Electronic and Specialty Materials Age: 56


									Ms. Pierce has served as Senior Vice President and Chief Financial Officer of Solstice since October 2025. Ms. Pierce had over 25 years of experience at Honeywell, a publicly traded company that specializes in aerospace technologies, industrial automation, building automation, and energy and sustainable solutions, including serving as Chief Financial Officer, Solstice Advanced Materials from May 2025 to October 2025, Vice President and Chief Financial Officer, Industrial Automation from January 2024 to May 2025, Vice President and Chief Financial Officer, PMT from January 2020 to January 2024, Vice President and Chief Financial Officer, Home and Building Technologies from June 2017 to January 2020, and a variety of other senior financial roles from April 1997 to June 2017. Ms. Pierce also served on the board of directors of Garrett Motion, Inc. from October 2021 to May 2024 and HarbisonWalker International from December 2019 to December 2021. Ms. Pierce holds a bachelor’s degree in finance from Ball State University and a Master of Business Administration from Florida State University.

			TINA PIERCE Senior Vice President, Chief Financial Officer Age: 59


									Mr. Rudick has served as Solstice’s Senior Vice President, General Counsel and Corporate Secretary since October 2025. Previously, Mr. Rudick had 20 years of experience at Honeywell, a publicly traded company that specializes in aerospace technologies, industrial automation, building automation, and energy and sustainable solutions, in various legal and business roles, including serving as Vice President and General Counsel, ESS from January 2024 to October 2025, Vice President and General Counsel, PMT from December 2022 to December 2023, Vice President and General Counsel, Safety and Productivity Solutions from July 2016 to December 2022, and a variety of senior legal roles from August 2005 to July 2016. Mr. Rudick also served as a member of the board of directors of Honeywell Automation India Limited from 2023 to 2024, and while serving in legal roles, Mr. Rudick also served as the President of Honeywell’s Retail business from October 2016 to May 2017, and as the General Manager (EMEA) of Honeywell’s Productivity Products from June to October 2019. Prior to joining Honeywell, Mr. Rudick worked as an Associate at K&L Gates from September 1996 to August 2005. Mr. Rudick holds a bachelor’s degree in history from Penn State University and a Juris Doctor degree from University of Pittsburgh School of Law.

			BRIAN RUDICK Senior Vice President, General Counsel, and Corporate Secretary Age: 55


Albemarle Corporation	Eastman Chemical Company	Olin Corporation
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	($ in millions)
	Revenue ($)(1)		Market Capitalization ($)(2)		Net Income ($) (1)		Total Assets ($)(1)		Employees at End of Last Fiscal Year (#)(3)

75th percentile	6,294		6,676		345		7,735		10,217
Median	5,117		3,506		82		7,015		7,100
25th percentile	3,079		2,072		(335)		5,142		5,450
Solstice Advanced Materials	3,886		7,711		237		5,673		4,100
Percentile Rank	44	%	86	%	67	%	33	%	15	%