HEXCEL CORP /DE/ — fact timeline

HEXCEL CORP /DE/ terminated Indenture, dated as of August 3, 2015, between the Company and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee (the "Trustee"), as supplemented by that certain Second Supplemental Indenture, dated as of February 16, 2017, between the Company with U.S. Bank Trust Company, National Association valued at $400 million (effective 2026-05-28).

“On May 28, 2026, the Company applied the net proceeds from the issuance of the 2031 Notes, together with cash on hand, to redeem all of the outstanding 2027 Notes, representing an aggregate principal amount of $400 million. The 2027 Notes were issued and the redemption was effected pursuant to the provisions of the Indenture, dated as of August 3, 2015, between the Company and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee (the “Trustee”), as supplemented by that certain Second Supplemental Indenture, dated as of February 16, 2017, between the Company and the Trustee.”

HEXCEL CORP /DE/ shareholders approved Approval of Hexcel Corporation Long-Term Incentive Plan at the 2026-05-14 meeting.

“The stockholders approved the LTIP as follows: For Against Abstain Broker Non-Votes 63,629,417 4,394,949 45,607 3,284,116”

HEXCEL CORP /DE/ shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm at the 2026-05-14 meeting.

“The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2026 as follows: For Against Abstain 69,376,870 1,947,799 29,420”

HEXCEL CORP /DE/ shareholders approved Advisory vote on named executive officer compensation at the 2026-05-14 meeting.

“The stockholders, on an advisory, non-binding basis, approved the 2025 compensation of the Company’s named executive officers as follows: For Against Abstain Broker Non-Votes 64,723,298 3,258,394 88,281 3,284,116”

HEXCEL CORP /DE/ shareholders approved Election of Directors at the 2026-05-14 meeting.

“The stockholders elected all of the Company’s nominees for director as follows: Name of Director For Against Abstain Broker Non-Votes Thomas C. Gentile III 64,541,525 3,456,730 71,718 3,284,116”

HEXCEL CORP /DE/ reported 2026 results: revenue $2.0 billion to $2.1 billion, EPS $2.10 to $2.30. Guidance reaffirmed.

“2026 Guidance- Unchanged • Sales of $2.0 billion to $2.1 billion • Adjusted diluted earnings per share of $2.10 to $2.30”

HEXCEL CORP /DE/ reported full year 2026 results: EPS $2.10 to $2.30. Guidance reaffirmed.

“We remain confident in our growth outlook and we are reaffirming our full year 2026 guidance despite geopolitical uncertainty in the Middle East and lingering commercial aerospace supply chain challenges.”

HEXCEL CORP /DE/ reported Q1 2026 results: EPS $0.59.

“Q1 2026 GAAP diluted EPS of $0.49 compared to Q1 2025 GAAP diluted EPS of $0.35.”

HEXCEL CORP /DE/ reported fiscal quarter ended March 31, 2026 results: revenue $501.5 million, net income $37.2 million, EPS $0.49.

“EPS of $0.49 compared to Q1 2025 GAAP diluted EPS of $0.35. • Q1 2026 adjusted diluted EPS of $0.59 compared to Q1 2025 adjusted diluted EPS of $0.37 • Q1 2026 Sales were $502 million, an increase of 9.9% compared to Q1 2025 sales of $457 million. • Refinanced the $750 million syndicated Revolver and extended maturity to 2031 • 2026 guidance unchanged See”

HEXCEL CORP /DE/ incurred revolving credit of $750 million revolving credit facility; initially borrowed $300 million with Bank of America, N.A. as agent, and the lenders party thereto at SOFR rate borrowings: Adjusted Term SOFR plus Applicable Margin (initially 1.125 maturing March 31, 2031.

“On March 31, 2026, Hexcel Corporation (“Hexcel”) entered into a new credit agreement (the “Credit Agreement”) governing its $750 million revolving credit facility (the “Revolver”), which matures on March 31, 2031.”

HEXCEL CORP /DE/ terminated Terminated Credit Facility with Citizens Bank, N.A., as administrative agent for the lenders, and the other parties party thereto (effective 2026-03-31).

“the proceeds of which were used to repay all amounts, and terminate all commitments, outstanding under the existing credit agreement by and among Hexcel, as borrower, the lenders party thereto, Citizens Bank, N.A., as administrative agent for the lenders, and the other parties party thereto (the “Terminated Credit Facility”)”

HEXCEL CORP /DE/ entered into Credit Agreement with Bank of America, N.A., as agent for the lenders, and the other parties party thereto valued at $750 million (effective 2026-03-31).

“On March 31, 2026, Hexcel Corporation (“Hexcel”) entered into a new credit agreement (the “Credit Agreement”) governing its $750 million revolving credit facility (the “Revolver”), which matures on March 31, 2031.”

HEXCEL CORP /DE/ incurred revolving credit of $350 million.

“On October 21, 2025, the Company provided notice to the lenders pursuant to the Credit Agreement to borrow $350 million under the Revolver to fund the initial settlement of the ASR.”

Philippe Chevrier resigned as President, Americas & Global Fibers at HEXCEL CORP /DE/.

“On December 31, 2024, the Board of Directors of Hexcel Corporation (the “Company”) was notified by Philippe Chevrier, President, Americas & Global Fibers, of his intention to resign from his position with the Company, effective January 31, 2025.”

HEXCEL CORP /DE/ shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for 2024 at the 2024-05-02 meeting.

“The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2024 as follows: For Against Abstain 75,381,470 2,803,005 207,944”

HEXCEL CORP /DE/ shareholders approved Advisory approval of 2023 compensation of named executive officers at the 2024-05-02 meeting.

“The stockholders, on an advisory, non-binding basis, approved the 2023 compensation of the Company’s named executive officers as follows: For Against Abstain Broker Non-Votes 70,086,461 4,232,546 256,975 3,816,437”

HEXCEL CORP /DE/ shareholders approved Election of Directors at the 2024-05-02 meeting.

“The stockholders elected all of the Company’s nominees for director as follows: Name of Director For Against Abstain Broker Non-Votes Nick L. Stanage 69,398,653 5,128,414 48,915 3,816,437 Jeffrey C. Campbell 65,048,723 9,478,640 48,619 3,816,437 James J. Cannon 72,126,795 2,403,264 45,923 3,816,437 Cynthia M. Egnotovich 47,134,986 27,344,506 96,490 3,816,437 Thomas A. Gendron 68,975,839 5,551,441 48,702 3,816,437 Guy C. Hachey 68,823,363 5,710,125 42,494 3,816,437 Dr. Patricia A. Hubbard 72,362,636 2,169,134 44,212 3,816,437 Catherine A. Suever 71,983,239 2,548,898 43,845 3,816,437”

Thomas C. Gentile III was appointed as Director at HEXCEL CORP /DE/.

“appointed Thomas C. Gentile III, the Company’s Chief Executive Officer and President, as a director of the Company, effective immediately.”

Thomas C. Gentile III was appointed as Chief Executive Officer and President at HEXCEL CORP /DE/.

“the appointment of Thomas C. Gentile III as Chief Executive Officer and President of the Company, in each case, effective May 1, 2024.”

HEXCEL CORP /DE/ reported the fiscal quarter and year ended December 31, 2023 results: revenue $458 million, net income $(0.21) per diluted share, EPS $(0.21) per diluted share.

“EPS of $(0.21), compared to Q4 2022 GAAP diluted EPS of $0.43. • Q4 2023 adjusted diluted EPS of $0.43, compared to Q4 2022 adjusted diluted EPS of $0.40. • Q4 2023 Sales were $458 million, compared to $429 million in Q4 2022. • FY 2023 GAAP diluted EPS of $1.24 compared to FY 2022 GAAP diluted EPS of $1.49. FY 2023 adjusted diluted EPS of $1.81, compared to FY”

Dr. Marilyn L. Minus was appointed as Senior Vice President, Chief Technology Officer at HEXCEL CORP /DE/.

“Dr. Minus will join the Company’s leadership team as Senior Vice President, Chief Technology Officer effective April 22, 2024.”

Dr. Marilyn L. Minus departed as director at HEXCEL CORP /DE/.

“Dr. Marilyn L. Minus notified the Board of her resignation from the Board effective April 22, 2024”

Dr. Jeffrey A. Graves departed as Director at HEXCEL CORP /DE/.

“Dr. Jeffrey A. Graves informed the Board of his intention not to stand for reelection at the Company’s 2024 Annual Meeting of Stockholders.”

Dr. Patricia Hubbard was appointed as Director at HEXCEL CORP /DE/.

“appointed James J. Cannon and Dr. Patricia Hubbard, effective immediately, to fill the vacancies created by increasing the size of the Board.”

James J. Cannon was appointed as Director at HEXCEL CORP /DE/.

“appointed James J. Cannon and Dr. Patricia Hubbard, effective immediately, to fill the vacancies created by increasing the size of the Board.”

HEXCEL CORP /DE/ reported third quarter 2023 results: revenue $419.5 million, net income $38.7 million, EPS $0.45. Guidance reaffirmed.

“Corporation Two Stamford Plaza| 281 Tresser Blvd., 16 th Floor Stamford, CT 06901 USA www.hexcel.com Exhibit 99.1 HEXCEL REPORTS 2023 THIRD QUARTER RESULTS • Q3 2023 Sales were $420 million, an increase of 15.0% over Q3 2022 sales of $365 million (13.2% increase in constant currency). • Q3 2023 GAAP diluted EPS of $0.45 compared to Q3 2022 GAAP diluted EPS of $0.31.”

HEXCEL CORP /DE/: Amended and restated bylaws to update advance notice provisions for universal proxy rules, adjust stockholder nomination deadline to 120-150 days before anniversary of last annual meeting, require non-white proxy cards for non-board solicitations, and make ministerial changes (effective 2023-09-12).

“On September 12, 2023, the Board of Directors (the “Board”) of Hexcel Corporation (the “Company”) amended and restated the Company’s Amended and Restated Bylaws (the “Bylaws”), effective immediately, primarily to: (i) update the advance notice provision for stockholder nominations and proposals to address the adoption by the Securities and Exchange Commission of “universal proxy” rules, (ii) update the deadline for stockholders to submit notice to the Company of nominations and proposals (other than a shareholder proposal submitted under Rule 14a-8 of the Securities Exchange Act of 1934) to be not less than 120 days nor more than 150 days prior to the anniversary date of the last annual meeting of stockholders, (iii) require any stockholder directly or indirectly soliciting proxies from other stockholders to use a proxy card color other than white, which shall be reserved for the exclusive use of the Board, and (iv) make other ministerial and conforming changes.”

HEXCEL CORP /DE/ reported fiscal year 2023 results: revenue $1.765 billion to $1.835 billion, EPS $1.80 to $1.94. Guidance raised.

“FY 2023 sales guidance revised to $1.765 billion to $1.835 billion, previously $1.725 billion to $1.825 billion. Adjusted EPS revised to $1.80 to $1.94, previously $1.70 to $1.90.”

HEXCEL CORP /DE/ reported six months ended June 30, 2023 results: revenue $ 912.0, net income 85.2, EPS $ 1.00.

“Summary of Results from Operations Quarters Ended Six Months Ended June 30, June 30, (In millions, except per share data) 2023 2022 % Change 2023 2022 % Change Net Sales $ 454.3 $ 393.0 15.6 % $ 912.0 $ 783.6 16.4 % Net sales change in constant currency 14.7 % 16.4 % Operating Income 61.3 63.8 (3.9)% 124.1 93.9 32.2 % Net Income 42.5 44.7 (4.9)% 85.2 62.5 36.3 % Diluted net income per common share $ 0.50 $ 0.53 (5.7)% $ 1.00 $ 0.74 35.9 %”

HEXCEL CORP /DE/ reported fiscal quarter ended June 30, 2023 results: revenue $ 454.3, net income 42.5, EPS $ 0.50. Guidance raised.

“Summary of Results from Operations Quarters Ended Six Months Ended June 30, June 30, (In millions, except per share data) 2023 2022 % Change 2023 2022 % Change Net Sales $ 454.3 $ 393.0 15.6 % $ 912.0 $ 783.6 16.4 % Net sales change in constant currency 14.7 % 16.4 % Operating Income 61.3 63.8 (3.9)% 124.1 93.9 32.2 % Net Income 42.5 44.7 (4.9)% 85.2 62.5 36.3 % Diluted net income per common share $ 0.50 $ 0.53 (5.7)% $ 1.00 $ 0.74 35.9 %”

HEXCEL CORP /DE/ shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm at the 2023-05-04 meeting.

“(iv) The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2023 as follows: For Against Abstain 79,746,268 86,088 216,993”

HEXCEL CORP /DE/ shareholders approved Advisory vote on frequency of executive compensation votes at the 2023-05-04 meeting.

“(iii) The stockholders, on an advisory, non-binding basis, approved an annual frequency for the advisory vote on executive compensation as follows: One Year Two Years Three Years Abstain Broker Non-Votes 74,512,511 60,233 1,141,451 108,608 4,226,546”

HEXCEL CORP /DE/ shareholders approved Advisory vote on executive compensation at the 2023-05-04 meeting.

“(ii) The stockholders, on an advisory, non-binding basis, approved the 2022 compensation of the Company’s named executive officers as follows: For Against Abstain Broker Non-Votes 71,364,612 4,349,564 108,627 4,226,546”

HEXCEL CORP /DE/ shareholders approved Election of Directors at the 2023-05-04 meeting.

“(i) The stockholders elected all of the Company’s nominees for director as follows: Name of Director Shares For Shares Against Abstain Broker Non-Votes Nick L. Stanage 70,306,549 5,471,517 44,737 4,226,546 Jeffrey C. Campbell 65,738,433 10,036,225 48,145 4,226,546 Cynthia M. Egnotovich 71,943,067 3,833,079 46,657 4,226,546 Thomas A. Gendron 71,018,063 4,758,439 46,301 4,226,546 Dr. Jeffrey A. Graves 69,699,823 6,078,596 44,384 4,226,546 Guy C. Hachey 73,486,017 2,291,143 45,643 4,226,546 Dr. Marilyn L. Minus 72,218,731 3,557,828 46,244 4,226,546 Catherine A. Suever 73,865,216 1,909,932 47,655 4,226,546”

HEXCEL CORP /DE/ terminated Terminated Credit Facility with Citizens Bank, N.A., as administrative agent for the lenders, and the other institutions party thereto (effective 2023-04-25).

“On April 25, 2023, Hexcel borrowed $60 million under the Credit Agreement, the proceeds of which were used to repay all amounts, and terminate all commitments, outstanding under the existing credit agreement”

HEXCEL CORP /DE/ entered into Credit Agreement with Citizens Bank, N.A., as administrative agent for the lenders, and the other institutions party thereto valued at $750 million (effective 2023-04-25).

“On April 25, 2023, Hexcel Corporation ("Hexcel") entered into a new credit agreement (the "Credit Agreement") governing its $750 million revolving credit facility (the "Revolver"), which matures on April 25, 2028.”

HEXCEL CORP /DE/ reported fiscal quarter ended March 31, 2023 results: revenue $458 million, EPS $0.50. Guidance reaffirmed.

“On April 24, 2023 Hexcel Corporation (the “Company”) issued a press release in which the Company announced its financial results for its fiscal quarter ended March 31, 2023. A copy of this earnings press release is being furnished as Exhibit 99.1 and is incorporated herein by reference. Section 7 – Regulation FD --- EX-99 (EX-99.1) --- EX-99 Hexcel Corporation Two Stamford Plaza | 281 Tresser Blvd., 16 th Floor Stamford, CT 06901 USA www.hexcel.com Exhibit 99.1 HEXCEL REPORTS 2023 FIRST QUARTER RESULTS • Q1 2023 GAAP diluted EPS of $0.50 compared to Q1 2022 GAAP diluted EPS of $0.21. • Q1 2023 adjusted diluted EPS of $0.50, compared to Q1 2022 adjusted diluted EPS of $0.22 • Q1 2023 Sales were $458 million, an increase of 17.2% over Q1 2022 sales of $391 million (18.0% increase in constant currency). • Full year 2023 guidance is reaffirmed.”

HEXCEL CORP /DE/ reported the fiscal year ended December 31, 2022 results: revenue $1,577.7, net income 126.3, EPS $1.49. Guidance initiated.

“Net Sales $ 429.4 $ 360.3 19.2 % $ 1,577.7 $ 1,324.7 19.1 % Net sales change in constant currency 21.7 % 21.7 % Operating Income 40.5 23.0 76.1 % 175.2 51.8 238.2 % Net Income 37.0 18.9 95.8 % 126.3 16.1 684.5 % Diluted net income per common share $ 0.43 $ 0.22 95.5 % $ 1.49 $ 0.19 684.2 %”

HEXCEL CORP /DE/ reported the fiscal quarter ended December 31, 2022 results: revenue $429.4, net income 37.0, EPS $0.43. Guidance initiated.

“Net Sales $ 429.4 $ 360.3 19.2 % $ 1,577.7 $ 1,324.7 19.1 % Net sales change in constant currency 21.7 % 21.7 % Operating Income 40.5 23.0 76.1 % 175.2 51.8 238.2 % Net Income 37.0 18.9 95.8 % 126.3 16.1 684.5 % Diluted net income per common share $ 0.43 $ 0.22 95.5 % $ 1.49 $ 0.19 684.2 %”

Robert G. Hennemuth departed as Executive Vice President, Chief of Staff at HEXCEL CORP /DE/.

“It is expected that Mr. Hennemuth will remain an active employee in his new role for approximately 6 months to support the transition, at which point Mr. Hennemuth will separate from the Company and be entitled to benefits on the terms, and subject to the conditions, of his existing agreements with the Company.”

Robert G. Hennemuth changed role as Executive Vice President, Chief of Staff at HEXCEL CORP /DE/.

“Robert G. Hennemuth, Executive Vice President, Human Resources & Communications, will transition into the role of Executive Vice President, Chief of Staff, effective immediately.”