Anne P. Noonan

President and Chief Executive Officer at SUM

Since September 1, 2020

Age

60 years

Education

Holds a Bachelor of Science in Chemistry and a Master of Science in Organometallic Chemistry from University College Dublin, Ireland.

Tenure

Has served as President and Chief Executive Officer at SUM since September 1, 2020.

Also at SUM

BDF

Brian D. Frantz

Senior Vice President, Chief Accounting Officer, and Treasurer

Charles DePriest

Executive Vice President, East Segment Construction Materials

CBG

Chris B. Gaskill

Executive Vice President, Chief Legal Officer, and Secretary

About

Anne P. Noonan is a seasoned executive born in 1964, whose extensive career in the chemical and construction materials industries spans over three decades.

Graduating with both a BS in Chemistry and an MS in Organometallic Chemistry from University College Dublin, Ireland, she built a strong foundation in science and innovation that propelled her into leadership roles at global companies such as Chemtura Corporation and OMNOVA Solutions Inc..

Since joining SUM on September 1, 2020, as President and Chief Executive Officer, she has directed the company's strategic initiatives, operational excellence, and sustainability efforts, leveraging her deep expertise in corporate governance, mergers & acquisitions, and risk management.

$SUM Performance Under Anne P. Noonan

Past Roles

Organization	Role	Date Range	Details
OMNOVA Solutions Inc.	President and Chief Executive Officer	November 2016 – April 2020	Acquired by Synthomer plc
OMNOVA Solutions Inc.	President, Performance Chemicals	2014 – November 2016	Global provider of emulsion polymers, specialty chemicals, and decorative and functional surfaces
Chemtura Corporation	Various roles	27-year tenure, dates not specified	Global manufacturer of specialty chemicals

External Roles

Organization	Role	Date Range	Details
CF Industries Holdings, Inc.	Chairperson of the Corporate Governance and Nominating Committee	N/A	Active role outside of SUM

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,040,000	Annual	Base salary for 2023.
All Other Compensation	$47,628	Annual	Includes life insurance payments $21,680 and executive health program payments $6,454. Other elements (HSA, parking, entertainment) not specified.

Performance Compensation

Data from FY 2023

Annual Cash Incentive

Metric	Weight	Threshold	Target	Maximum	Actual Achieved
Adjusted EBITDA	60%	N/A	N/A	N/A	N/A
EBITDA Margin	10%	N/A	N/A	N/A	N/A
Recordable Incident Rate	10%	N/A	N/A	N/A	N/A
Safety Risk Assessment	10%	N/A	N/A	N/A	N/A
Bedrock Milestones	10%	N/A	N/A	N/A	N/A
Bonus Payment (Dollar Amount)	N/A	$70,200	$1,404,000	$2,808,000	$2,421,079 (174% of target; 100% individual performance modifier)

Performance Units (Long-Term Incentive Component)

Metric	Value/Condition	Details
Performance Metrics	Relative TSR and ROIC	TSR measured against a peer group; ROIC calculated over a three-year period
Threshold Units	27,182 units	50% vesting condition
Target Units	54,364 units	100% vesting condition
Maximum Units	108,728 units	200% vesting condition
Vesting Period	3 years	January 1, 2023 to December 31, 2025

Restricted Stock Units (RSUs) - Long-Term Incentive Component

Metric	Value	Details
Grant Date	February 22, 2023	-
Grant Date Fair Value	$1,625,484	For 54,364 RSUs
Vesting Schedule	Time-vesting	Equal annual installments over 3 years

Target Long-Term Incentive Summary

Component	Fair Value	Details
Performance Units (50%)	$1,870,393	Based on TSR and ROIC performance; three-year performance period
RSUs (50%)	$1,625,484	Time-vesting; vesting ratably over 3 years