On February 13, 2024, the Board of Directors of Element Solutions Inc. (the "Board") appointed Richard L. Fricke as Senior Vice President, Electronics and as an executive officer of Element Solutions, effective immediately. On February 13, 2024, the Board also appointed Matthew Liebowitz as Executive Vice President, Strategy and Head of Industrial & Specialty and as an executive officer of Element Solutions, effective immediately. Mr. Liebowitz replaces Michael Goralski whose retirement was previously announced.

Prior to his appointment, Mr. Fricke, age 52, had served in various leadership roles at Element Solutions: Senior Vice President, Electronic Solutions since January 2024; Senior Vice President, Semiconductor & Assembly Solutions from June 2022 to January 2024; and Vice President & General Manager, Semiconductor from April 2020 to June 2022. He joined Element Solutions with over 15 years of experience in the semiconductor industry, most recently as Vice President & General Manager of the Electronic Materials business of Honeywell International Inc. (?Honeywell?) from February 2017 to April 2020. Prior to this role, he served in various leadership positions at Honeywell, including as Vice President & General Manager of their Performance Materials and Technology (PMT) division for their Asia Pacific business.

Before joining Honeywell in April 2011, Mr. Fricke was Senior Director, General Manager of the Implant & Advanced Material Solutions of ATMI Inc. (now Entegris Inc.) from 2006 to 2011 and Director, Global Marketing /Product Management at Danaher Corporation from 2002 to 2006. Mr. Fricke holds a B.A. in Biology from the University of Connecticut as well as an MBA from New York University?s Stern School of Business. Until his appointment, Mr. Liebowitz, age 35, had served as Senior Vice President of Strategy and Integration of Element Solutions since June 2021 and previously as Vice President, Strategy & FP&A from January 2019 to June 2021; Director of Global FP&A from April 2017 to January 2019; and Associate Director of Special Projects from November 2015 to April 2017.

In his prior roles, Mr. Liebowitz?s responsibilities included strategy deployment, corporate development, merger integration, capital markets, financial planning, investor relations and capital planning. Prior to joining Element Solutions in April 2015, Mr. Liebowitz held investing and research analyst positions at Nomura and UBS Investment Bank. He holds a B.S. in Finance from the University of Maryland.