Ingredion Inc — fact timeline

Kenneth Escoe was elected as Director at Ingredion Inc.

“the Company’s Board elected Kenneth Escoe to serve as a director of the Company, with a term beginning effective July 1, 2026.”

Ingredion Inc entered into Co-operation Agreement with Tate & Lyle PLC (effective 2026-06-08).

“On June 8, 2026, the Company and Tate & Lyle entered into a Co-operation Agreement, dated June 8, 2026 (the “Co-operation Agreement”), in connection with the Acquisition.”

Ingredion Inc shareholders approved Ratification of KPMG LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-20 meeting.

“The holders of the outstanding shares of the Company’s common stock ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, based on the following numbers of votes: For Against Abstentions 53,356,566 2,030,814 39,151”

Ingredion Inc shareholders approved Advisory vote to approve named executive officer compensation at the 2026-05-20 meeting.

“The holders of the outstanding shares of the Company’s common stock approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the 2026 proxy statement, based on the following numbers of votes: For Against Abstentions Broker Non-Votes 49,179,038 1,822,987 100,036 4,324,470”

Ingredion Inc shareholders approved Election of 11 directors named in the proxy statement at the 2026-05-20 meeting.

“The holders of the outstanding shares of the Company’s common stock elected to the Company’s Board of Directors each of the 11 nominees specified in the 2026 proxy statement, based on the following numbers of votes: Name For Against Abstentions Broker Non-Votes David B. Fischer 50,157,380 898,987 45,694 4,324,470 Rhonda L. Jordan 49,822,955 1,235,206 43,900 4,324,470 Charles V. Magro 50,669,106 393,495 39,460 4,324,470 Victoria J. Reich 50,444,789 612,439 44,833 4,324,470 Catherine A. Suever 50,688,409 375,268 38,384 4,324,470 Siobhán Talbot 50,978,390 81,414 42,257 4,324,470 Stephan B. Tanda 50,354,358 707,659 40,044 4,324,470 Jorge A. Uribe 50,546,976 501,272 53,813 4,324,470 Patricia Verduin 50,756,426 298,700 46,935 4,324,470 Dwayne A. Wilson 50,319,404 734,121 48,536 4,324,470 James P. Zallie 46,747,131 4,306,123 48,807 4,324,470”

Ingredion Inc reported first quarter 2026 results: EPS $2.22.

“First quarter 2026 reported and adjusted* operating income decreased 26% and 22% compared to the first quarter 2025 • First quarter 2026 reported and adjusted EPS were $2.22 and $2.34, compared with $3.00 and $2.97 in the first quarter 2025 • Adjusting full-year guidance for reported EPS to be in the range of $9.60 to $10.30 and adjusted EPS to be in the range of $10.45 to $11.15”

Ingredion Inc announced a impairment with charges of approximately $36 million affecting Cabo, Brazil manufacturing facility.

“In connection with the cessation of operations at the Cabo manufacturing facility, the Company expects to record approximately $36 million in pre-tax, non-cash impairment charges in the second quarter of 2026 relating to fixed asset and inventory write-downs.”

Ingredion Inc announced a restructuring with charges of approximately $43 million affecting Cabo, Brazil manufacturing facility.

“underlying real property but has not entered into a contract of sale as of the date of this report. The Company expects to incur pre-tax non-recurring charges of approximately $43 million under the plan, of which approximately $36 million is expected to consist of impairment charges relating to fixed asset and inventory write-downs and approximately $7 million is”

Ingredion Inc incurred revolving credit of $1.0 billion with JPMorgan Chase Bank, N.A. and J.P. Morgan SE, as administrative agent at SOFR plus 1.00% or base rate plus 0.00% maturing August 27, 2030.

“described in Item 1.02 below, which was terminated. The Credit Agreement provides for a five-year unsecured revolving credit facility in an aggregate principal amount of $1.0 billion outstanding at any time (the “Revolving Credit Facility”), of which up to $25 million is available as swingline loans and up to $50 million as letters of credit. Loans under the”

Ingredion Inc announced a restructuring with charges of approximately $66 million affecting plant protein concentrates and flour manufacturing facility in Vanscoy, Saskatchewan, Canada (Approximately twenty employees).

“underlying real property but has not entered into a contract of sale as of the date of this report. The Company expects to incur pre-tax non-recurring charges of approximately $66 million under the plan, of which approximately $65 million is expected to be impairment charges relating to fixed asset and inventory write-downs and approximately $1 million is expected”

Ingredion Inc shareholders approved Amendment to Amended and Restated Certificate of Incorporation to limit liability of certain officers at the 2024-05-15 meeting.

“The holders of the outstanding shares of the Company’s common stock approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to limit the liability of certain officers, based on the following numbers of votes: For Against Abstentions Broker Non-Votes 42,331,542 11,413,778 285,615 4,059,007”

Ingredion Inc shareholders approved Ratification of KPMG LLP as independent registered public accounting firm at the 2024-05-15 meeting.

“The holders of the outstanding shares of the Company’s common stock ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2024, based on the following numbers of votes: For Against Abstentions 54,669,919 3,354,996 65,027”

Ingredion Inc shareholders approved Advisory approval of named executive officer compensation at the 2024-05-15 meeting.

“The holders of the outstanding shares of the Company’s common stock approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the 2024 proxy statement, based on the following numbers of votes: For Against Abstentions Broker Non-Votes 50,326,751 3,376,308 327,876 4,059,007”

Ingredion Inc shareholders approved Election of directors at the 2024-05-15 meeting.

“The holders of the outstanding shares of the Company’s common stock elected to the Board of Directors of the Company each of the 11 nominees specified in the 2024 proxy statement, based on the following numbers of votes: Name For Against Abstentions Broker Non-Votes David B. Fischer 53,151,959 781,880 97,096 4,059,007 Rhonda L. Jordan 53,246,120 703,858 80,957 4,059,007 Gregory B. Kenny 52,439,687 1,528,180 63,068 4,059,007 Charles V. Magro 53,751,251 198,646 81,038 4,059,007 Victoria J. Reich 53,271,847 702,115 56,973 4,059,007 Catherine A. Suever 53,846,160 128,331 56,444 4,059,007 Stephan B. Tanda 53,421,258 546,667 63,010 4,059,007 Jorge A. Uribe 53,390,130 538,500 102,305 4,059,007 Patricia Verduin 53,421,125 530,223 79,587 4,059,007 Dwayne A. Wilson 50,097,153 3,864,414 69,368 4,059,007 James P. Zallie 53,411,866 344,785 274,284 4,059,007”

Ingredion Inc reported first quarter of 2024 results: EPS $3.23. Guidance raised.

“First quarter 2024 reported and adjusted EPS* were $3.23 and $2.08, an increase of 13% and decrease of 26%, respectively”

Jeremy Xu resigned as Senior Vice President, Chief Innovation Officer and President, Global Healthful Solutions at Ingredion Inc.

“On February 22, 2024, Jeremy Xu, Senior Vice President, Chief Innovation Officer and President, Global Healthful Solutions of Ingredion Incorporated, notified Ingredion Incorporated that he will resign from such positions effective April 8, 2024.”

Ingredion Inc reported the year ended December 31, 2023 results: EPS $9.60. Guidance initiated.

“Ingredion Incorporated (the “Company”) issued a press release announcing the Company’s condensed consolidated financial results for the year ended December 31, 2023”

Ingredion Inc updated its the third quarter of 2023 guidance (raised).

“On November 7, 2023, Ingredion Incorporated (the “Company”) issued a press release announcing the Company’s condensed consolidated financial results for the quarter ended September 30, 2023 (the “Press Release”).”

Paul Hanrahan retired as Director at Ingredion Inc.

“On September 15, 2023, director Paul Hanrahan informed Ingredion Incorporated (the “Company”) of his decision to retire from the Company’s Board of Directors following his assumption of the role of Chairman of Cubico Sustainable Investments, a private company in the U.K..”

Ingredion Inc shareholders approved Proposal 6: Approval of Ingredion Incorporated 2023 Stock Incentive Plan.

“Proposal 6 The holders of the outstanding shares of the Company's common stock approved the Ingredion Incorporated 2023 Stock Incentive Plan, based on the following numbers of votes: For Against Abstentions Broker Non-Votes 41,721,804 12,763,489 90,626 4,119,283”

Ingredion Inc shareholders approved Proposal 5: Approval and ratification of bylaw requiring exclusive forum for certain legal actions.

“Proposal 5 The holders of the outstanding shares of the Company's common stock approved and ratified a Company bylaw requiring an exclusive forum for certain legal actions, based on the following numbers of votes: For Against Abstentions Broker Non-Votes 42,206,456 12,268,302 101,161 4,119,283”

Ingredion Inc shareholders approved Proposal 4: Ratification of KPMG LLP as independent auditor at the 2023-12-31 meeting.

“Proposal 4 The holders of the outstanding shares of the Company's common stock ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2023, based on the following numbers of votes: For Against Abstentions 57,550,549 1,086,637 58,016 There were no broker non-votes with respect to this proposal.”

Ingredion Inc shareholders approved Proposal 3: Advisory vote on frequency of say-on-pay votes.

“Proposal 3 The holders of the outstanding shares of the Company's common stock designated, by an advisory vote, "every one year" as the frequency with which the Company should hold an advisory vote by stockholders to approve the compensation of the Company's named executive officers, based on the following numbers of votes: Every one year Every two years Every three years Abstention Broker Non-Votes 51,602,630 60,702 2,863,228 49,359 4,119,283”

Ingredion Inc shareholders approved Proposal 2: Advisory approval of named executive officer compensation.

“Proposal 2 The holders of the outstanding shares of the Company's common stock approved, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the 2023 proxy statement, based on the following numbers of votes: For Against Abstentions Broker Non-Votes 52,112,372 2,328,169 135,378 4,119,283”

Ingredion Inc shareholders approved Proposal 1: Election of 12 directors named in the proxy statement.

“Proposal 1 The holders of the outstanding shares of the Company's common stock elected to the Board of Directors of the Company each of the 12 nominees specified in the 2023 proxy statement, based on the following numbers of votes: Name For Against Abstentions Broker Non-Votes David B. Fischer 53,883,764 602,221 89,934 4,119,283 Paul Hanrahan 53,374,995 1,135,693 65,231 4,119,283 Rhonda L. Jordan 53,595,215 910,500 70,204 4,119,283 Gregory B. Kenny 52,704,018 1,801,343 70,558 4,119,283 Charles V. Magro 54,188,626 312,129 75,164 4,119,283 Victoria J. Reich 53,538,742 960,254 76,923 4,119,283 Catherine A. Suever 54,262,723 238,583 74,613 4,119,283 Stephan B. Tanda 54,065,007 434,354 76,558 4,119,283 Jorge A. Uribe 54,063,790 437,443 74,686 4,119,283 Patricia Verduin 54,402,603 81,005 92,311 4,119,283 Dwayne A. Wilson 43,470,498 11,035,335 70,086 4,119,283 James P. Zallie 54,185,761 321,254 68,904 4,119,283”

Ingredion Inc reported first quarter 2023 results: EPS reported and adjusted EPS * were $2.85 and $2.80, respectively, compared to first quarter 2022 reported and adjusted EPS. Guidance raised.

“First quarter 2023 reported and adjusted EPS * were $2.85 and $2.80, respectively, compared to first quarter 2022 reported and adjusted EPS of $1.92 and $1.95”

Jorgen Kokke departed as Executive Vice President and President, Americas at Ingredion Inc.

“On March 31, 2023, Jorgen Kokke, Executive Vice President and President, Americas of Ingredion Incorporated, notified Ingredion Incorporated that he will resign from such positions effective May 1, 2023.”

Ingredion Inc reported the year ended December 31, 2022 results: EPS $7.34 and $7.45, respectively, compared to full year 2021 reported and adjusted EPS of $1.73 and $6.67.

“Full-year 2022 reported and adjusted EPS * were $7.34 and $7.45, respectively, compared to full year 2021 reported and adjusted EPS of $1.73 and $6.67”

Ingredion Inc incurred term loan of $200 million with PNC Bank, National Association at adjusted daily Secured Overnight Financing Rate (SOFR) plus a margin of 1.10% pe maturing December 16, 2024.

“On December 16, 2022, Ingredion Incorporated (the “Company”) entered into a Credit Agreement, dated as of December 16, 2022 (the “Term Loan Credit Agreement”), between the Company, as borrower, and PNC Bank, National Association, as lender. The Term Loan Credit Agreement establishes a 24-month senior unsecured term loan in the principal amount of $200 million (the “Term Loan”).”

Ingredion Inc entered into Term Loan Credit Agreement with PNC Bank, National Association valued at $200 million (effective 2022-12-16).

“On December 16, 2022, Ingredion Incorporated (the “Company”) entered into a Credit Agreement, dated as of December 16, 2022 (the “Term Loan Credit Agreement”), between the Company, as borrower, and PNC Bank, National Association, as lender. The Term Loan Credit Agreement establishes a 24-month senior unsecured term loan in the principal amount of $200 million (the “Term Loan”).”

Ingredion Inc reported for the quarter ended September 30, 2022 results: revenue $2,023 million, EPS $1.59. Guidance raised.

“Third quarter 2022 net sales of $2,023 million, 15% higher on a reported basis and 19% higher excluding foreign exchange impacts compared to the same period in 2021 · Third quarter 2022 reported and adjusted EPS* were $1.59 and $1.73, respectively, compared to third quarter 2021 reported and adjusted EPS of $1.75 and $1.67, respectively”

Barbara A. Klein retired as Director at Ingredion Inc.

“On January 12, 2022, director Barbara A. Klein informed Ingredion Incorporated (the “Company”) of her decision to retire from the Company’s Board of Directors effective February 17, 2022.”

Charles V. Magro was elected as Director at Ingredion Inc.

“On December 16, 2021, the Board of Directors (the “Board”) of Ingredion Incorporated (the “Company”) elected Charles V. (“Chuck”) Magro a director of the Company, effective May 1, 2022.”

Davida M. Gable was appointed as Principal Accounting Officer at Ingredion Inc.

“the Company’s Board of Directors appointed Davida M. Gable, the Company’s Vice President, Controller and Global Shared Services, to succeed Mr. Gray as the Company’s principal accounting officer, effective as of that date.”

James D. Gray was removed as Principal Accounting Officer at Ingredion Inc.

“James D. Gray, the Company’s Executive Vice President and Chief Financial Officer, was removed from the position of principal accounting officer of Ingredion Incorporated (the “Company”), effective as of that date.”

Elizabeth Adefioye resigned as Senior Vice President and Chief Human Resources Officer at Ingredion Inc.

“On August 20, 2021, Elizabeth Adefioye, Senior Vice President and Chief Human Resources Officer of Ingredion Incorporated (the “Company”), advised the Company she will resign from all such positions effective October 13, 2021.”

Catherine A. Suever was elected as director at Ingredion Inc.

“On August 17, 2021, the Board of Directors (the “Board”) of Ingredion Incorporated (the “Company”) elected Catherine A. Suever a director of the Company, effective August 17, 2021.”

Janet M. Bawcom resigned as Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer at Ingredion Inc.

“Janet M. Bawcom, Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer of Ingredion Incorporated (the “Company”), has advised the Company she will resign from all such positions effective July 1, 2021.”