Orion S.A. — fact timeline

Orion S.A. reported first quarter 2026 results: revenue $460 million, net income Net loss of $10 million, EPS Diluted Earnings (loss) per share (0.18). Guidance raised.

“Orion S.A. (NYSE: OEC), a specialty chemical company, today reported First Quarter 2026 Net sales of $460 million”

Orion S.A. incurred revolving credit of €50,000,000 with Goldman Sachs Bank USA.

“obtained €50,000,000 of incremental commitments under an Incremental Revolving Facility”

Orion S.A. reported first quarter 2024 results: revenue $502.9 million, net income $26.7 million, EPS $0.45.

“Net sales of $502.9 million, up $2.2 million, year over year • Net income of $26.7 million, down $15.6 million, year over year • Diluted EPS of $0.45, down $0.25, year over year”

Anthony L. Davis resigned as Director at Orion S.A..

“On December 27, 2023, Anthony L. Davis informed the Board of Directors (the “Board”) of Orion S.A. (the “Company”) that he was resigning as a director of the Company, which resignation was effective immediately.”

Orion S.A. reported Three Months Ended September 30, 2023 results: revenue Net sales of $466.2 million, net income Net income of $26.2 million, EPS Diluted EPS of $0.44.

“Third Quarter 2023 Highlights • Net sales of $466.2 million, down $76.9 million, year over year • Net income of $26.2 million, down $5.6 million, year over year • Diluted EPS of $0.44, down $0.08, year over year”

Orion S.A. reported Nine Months Ended September 30, 2023 results: revenue Net sales of $1,425.7 million, net income Net income of $98.6 million, EPS Record Diluted EPS of $1.65.

“Nine Months 2023 Highlights • Net sales of $1,425.7 million, down $143.1 million, year over year • Net income of $98.6 million, up $4.6 million, year over year • Record Diluted EPS of $1.65, up $0.12, year over year”

Orion S.A. amended revolving credit of €300,000,000 of commitments with Goldman Sachs Bank USA maturing September 24, 2028.

“as amended by the Thirteenth Amendment, the “Credit Agreement”). On the Closing Date, pursuant to the Thirteenth Amendment, the Borrower Representative, inter alia, (i) obtained €300,000,000 of commitments under an Incremental Revolving Facility (as defined in the Credit Agreement), which Incremental Revolving Facility refinanced and replaced the existing Revolving”

Orion S.A. amended Thirteenth Amendment with Goldman Sachs Bank USA valued at €300,000,000 Incremental Revolving Facility; maturity extended to September 24, 2028; interest rate (effective 2023-10-06).

“if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01 Entry into a Material Definitive Agreement. Credit Agreement Amendment On October 6, 2023 (the “Closing Date”), Orion Engineered Carbons GmbH, a limited liability company (Gesellschaft mit beschränkter Haftung) organized under the laws of Germany (the “Borrower Representative”), Goldman Sachs Bank USA, in its capacity as administrative agent (together with its successors and assigns in such capacity, the “Administrative Agent”), UniCredit Bank AG as sole coordinator, book runner and mandated lead arranger and sustainability coordinator (in such capacities, the “Amendment Arranger”) and the other Loan Parties party thereto entered into that certain thirteenth amendment (the “Thirteenth Amendment”), which amends the credit agreement originally dated as of July 25, 2014, as amended o”

Orion S.A. reported the second quarter of 2023 results: revenue $458.8 million, net income $30.1 million, EPS $0.51.

“Orion S.A. (NYSE: OEC), a specialty chemical company, today announced financial results for the second quarter of 2023. Second Quarter 2023 Financial Highlights • Net sales of $458.8 million, down $82.4 million, year over year • Net income of $30.1 million, up $0.4 million, year over year • Diluted EPS of $0.51, up $0.02, year over year”

Orion S.A. shareholders approved Approval of an amended non-employee director equity plan. at the 2023-06-07 meeting.

“Proposal 12 Approval of an amended non-employee director equity plan. For Against Abstentions Broker Non-Votes 40,899,598 6,339,426 83,405 3,875,074”

Orion S.A. shareholders approved Approval of an amended employee incentive compensation plan. at the 2023-06-07 meeting.

“Proposal 11 Approval of an amended employee incentive compensation plan. For Against Abstentions Broker Non-Votes 39,113,791 8,121,839 86,799 3,875,074”

Orion S.A. shareholders approved Ratification of the appointment of Ernst & Young LLP to be the Company’s independent registered public accounting firm for all matters not required by Luxembourg law for the fiscal year ending on December 31, 2023. at the 2023-06-07 meeting.

“Proposal 10 Ratification of the appointment of Ernst & Young LLP to be the Company’s independent registered public accounting firm for all matters not required by Luxembourg law for the fiscal year ending on December 31, 2023. For Against Abstentions Broker Non-Votes 51,180,260 6,937 4,256 6,050”

Orion S.A. shareholders approved Appointment of Ernst & Young, Luxembourg, Société anonyme – Cabinet de revision agréé, to be the Company’s independent auditor (Réviseur d’Entreprises) for all statutory accounts required by Luxembourg law for the financial year ending on December 31, 2023. at the 2023-06-07 meeting.

“Proposal 9 Appointment of Ernst & Young, Luxembourg, Société anonyme – Cabinet de revision agréé, to be the Company’s independent auditor (Réviseur d’Entreprises) for all statutory accounts required by Luxembourg law for the financial year ending on December 31, 2023. For Against Abstentions Broker Non-Votes 49,164,904 2,019,876 6,673 6,050”

Orion S.A. shareholders approved Discharge of the independent auditor of the Company, Ernst & Young, Luxembourg, Société anonyme – Cabinet de revision agréé for the financial year that ended on December 31, 2022. at the 2023-06-07 meeting.

“Proposal 8 Discharge of the independent auditor of the Company, Ernst & Young, Luxembourg, Société anonyme – Cabinet de revision agréé for the financial year that ended on December 31, 2022. For Against Abstentions Broker Non-Votes 44,207,016 2,240,965 874,448 3,875,074”

Orion S.A. shareholders approved Discharge of the current members of the Board of Directors of the Company for the performance of their mandates during the financial year that ended on December 31, 2022. at the 2023-06-07 meeting.

“Proposal 7 Discharge of the current members of the Board of Directors of the Company for the performance of their mandates during the financial year that ended on December 31, 2022. For Against Abstentions Broker Non-Votes 44,507,236 1,940,160 875,033 3,875,074”

Orion S.A. shareholders approved Allocation of results of the financial year that ended on December 31, 2022, and approval of the interim dividends declared by the Company in the aggregate amount of EUR 4,777,586.16. at the 2023-06-07 meeting.

“Proposal 6 Allocation of results of the financial year that ended on December 31, 2022, and approval of the interim dividends declared by the Company in the aggregate amount of EUR 4,777,586.16. For Against Abstentions Broker Non-Votes 49,165,275 2,018,412 7,766 6,050”

Orion S.A. shareholders approved Approval of the consolidated financial statements of the Company for the financial year that ended on December 31, 2022. at the 2023-06-07 meeting.

“Proposal 5 Approval of the consolidated financial statements of the Company for the financial year that ended on December 31, 2022. For Against Abstentions Broker Non-Votes 50,306,048 5,674 879,731 6,050”

Orion S.A. shareholders approved Approval of the annual accounts of the Company for the financial year that ended on December 31, 2022. at the 2023-06-07 meeting.

“Proposal 4 Approval of the annual accounts of the Company for the financial year that ended on December 31, 2022. For Against Abstentions Broker Non-Votes 50,302,074 7,022 882,357 6,050”

Orion S.A. shareholders approved Approval of the compensation that shall be paid to the Board of Directors of the Company for the period commencing on January 1, 2023 and ending on December 31, 2023. at the 2023-06-07 meeting.

“Proposal 3 Approval of the compensation that shall be paid to the Board of Directors of the Company for the period commencing on January 1, 2023 and ending on December 31, 2023. For Against Abstentions Broker Non-Votes 47,245,844 60,081 16,504 3,875,074”

Orion S.A. shareholders approved Approval, on a non-binding advisory basis, of the compensation paid to the Company’s named executive officers for 2022 (Say-on-Pay vote) as disclosed in the proxy statement. at the 2023-06-07 meeting.

“Proposal 2 Approval, on a non-binding advisory basis, of the compensation paid to the Company’s named executive officers for 2022 (Say-on-Pay vote) as disclosed in the proxy statement. For Against Abstentions Broker Non-Votes 46,586,083 719,785 16,561 3,875,074”

Orion S.A. shareholders approved Election of Directors at the 2023-06-07 meeting.

“Proposal 1(i) Election of Mr. Anthony L. Davis for a term ending on the date of the annual general meeting of shareholders of the Company called to approve the annual accounts of the Company for the financial year ending on December 31, 2023. For Against Abstentions Broker Non-Votes 46,836,007 437,882 54,790 3,868,824 Proposal 1(ii) Election of Ms. Kerry Galvin for a term ending financial year ending on December 31, 2023. For Against Abstentions Broker Non-Votes 44,759,214 2,554,049 15,416 3,868,824 Proposal 1(iii) Election of Mr. Paul Huck for a term ending financial year ending on December 31, 2023. For Against Abstentions Broker Non-Votes 46,959,887 350,485 12,057 3,875,074 Proposal 1(iv) Election of Ms. Mary Lindsey for a term ending financial year ending on December 31, 2023. For Against Abstentions Broker Non-Votes 46,966,760 310,166 45,503 3,875,074 Proposal 1(v) Election of Mr. Didier Miraton for a term ending financial year ending on December 31, 2023. For Against Abstentions”

Orion S.A. shareholders approved Change of the name of the Company from Orion Engineered Carbons S.A. to Orion S.A. and respective amendment of article 1 of the Company’s articles of association. at the 2023-06-07 meeting.

“Proposal 2 Change of the name of the Company from Orion Engineered Carbons S.A. to Orion S.A. and respective amendment of article 1 of the Company’s articles of association. For Against Abstentions Broker Non-Votes 46,621,463 77,023 3,429 0”

Orion S.A. shareholders approved Renewal of the Company’s authorized share capital pursuant to article 6 of the Company’s articles of association for a period of five years starting from the date of this Extraordinary General Meeting with the authorization to the Board of Directors to issue up to 5 million common shares or other in at the 2023-06-07 meeting.

“Proposal 1 Renewal of the Company’s authorized share capital pursuant to article 6 of the Company’s articles of association for a period of five years starting from the date of this Extraordinary General Meeting with the authorization to the Board of Directors to issue up to 5 million common shares or other instruments that give access to respective common shares with or without reserving a preferential right to subscribe for such newly issued shares or instruments to existing holders of shares and respective amendment of article 6 of the Company’s articles of association. For Against Abstentions Broker Non-Votes 46,568,173 125,351 8,391 0”

Orion S.A. reported the first quarter of 2023 results: revenue $500.7 million, net income $42.3 million, EPS $0.70.

“Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced financial results for the first quarter of 2023. First Quarter 2023 Financial Highlights • Net sales of $500.7 million, up $16.2 million, year over year • Net income of $42.3 million, up $9.8 million, year over year • Diluted EPS of $0.70, up $0.17, year over year”

Orion S.A. reported fourth quarter 2022 results: revenue $462.1 million, net income $12.2 million, EPS Diluted EPS of $0.20. Guidance initiated.

“Fourth Quarter 2022 Highlights • Net sales of $462.1 million, up $69.4 million, year over year • Net income of $12.2 million, up $11.1 million, year over year • Diluted EPS of $0.20, up $0.19, year over year”

Orion S.A. reported full year 2022 results: revenue $2,030.9 million, net income $106.2 million, EPS Diluted EPS of $1.73. Guidance initiated.

“Full Year 2022 Highlights • Net sales of $2,030.9 million, up $484.1 million, year over year • Net income of $106.2 million, down $28.5 million, year over year. Prior year included the Evonik cash settlement of $79.5 million • Diluted EPS of $1.73, down $0.48, year over year”

Orion S.A. reported third quarter of 2022 results: revenue $543.1 million, net income $31.8 million, EPS $0.52 per diluted share.

“Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced financial results for the third quarter of 2022. Third Quarter 2022 Financial Highlights • Net sales of $543.1 million, up $150.1 million, year over year • Net income of $31.8 million, up $10.8 million, year over year • Diluted earnings per share (“EPS”) of $0.52, up $0.17, year over year”

Bob Hrivnak changed role as Chief Accounting Officer at Orion S.A..

“Mr. Glajch succeeds Bob Hrivnak, who served as the Company’s interim CFO since October 2021.”

Jeffrey Glajch was appointed as Chief Financial Officer at Orion S.A..

“On February 16, 2022, Orion Engineered Carbons S.A. (the “Company”) appointed Jeffrey Glajch as its new Chief Financial Officer (“CFO”).”

Bob Hrivnak was appointed as interim Chief Financial Officer at Orion S.A..

“On October 27, 2021, the Company announced that it has appointed Bob Hrivnak, who currently serves as the Company’s Chief Accounting Officer, as interim Chief Financial Officer, effective upon Mr. Crenshaw’s resignation.”

Lorin Crenshaw resigned as Chief Financial Officer at Orion S.A..

“On October 22, 2021, Lorin Crenshaw, Chief Financial Officer of Orion Engineered Carbons S.A. (the “Company”), notified the Company of his resignation, effective immediately, to pursue another opportunity.”