Monument Team,

Great companies don’t wait for the future – they build for it. That’s exactly what we’re doing at Monument, and today I’m excited to share how we’re positioning the company for our next phase of growth.

Over the past several months, we’ve been shaping an organizational approach designed to help Monument grow – by strengthening how we work together, how we serve customers, and how quickly we can act in the years ahead.

Our vision is to be a trusted and innovative partner – solving our customers’ challenges through exceptional customer experience and an uncompromising commitment to safety. We do this by bringing together technical expertise, versatile assets, a problem-solving mindset, and a resilient, long-term outlook.

Our strategy remains focused on three priorities: protecting and growing our core business, expanding into adjacent markets, and selectively pursuing high-growth platforms.

To deliver on this, we are strengthening how we operate across Monument through:

• Effective governance around talent development, performance management, business excellence, and enterprise risk management
• Agile decision making through role clarity, empowerment and digital transformation
• Collaborative workflows that seamlessly integrate functions and processes
• Rapid commercialization to support customer expectations
• Accelerated growth

Together, this will position Monument to deliver a superior customer experience, drive sustainable financial performance, and continue building a motivated, learning organization. 

Aligning Our Leadership

To support this next phase of growth, we are aligning our Global Leadership Team (GLT) to better enable how Monument operates and executes. This includes: strengthening governance, prioritization, and resource allocation; ensuring strong functional leadership and shared best practices; and providing clear business leadership across the organization.

Our GLT includes:

• Sarves Peri: President; GLT lead and Gulf Coast Business leadership
• Bill Grube: Finance, IT, and Business Excellence  
• Sharon Barclay: Human Resources
• Adam Pingel: Global Operations, Enterprise Risk Management, Integrated Supply Chain, Operational Excellence, and Customer Experience.
• Sweder van Rijckevorsel: Europe Business leadership and robust growth strategy and execution
• Don Phillips: Oxides Business leadership, growth strategy, and turnaround plan execution prioritization 

Aligning Our Businesses

One thing we’ve seen time and again: Monument is at its best when people are empowered to act and we can move quickly. That’s why we are setting up our businesses to operate with greater clarity, speed, and accountability.

One of the most significant changes is the consolidation of our Gulf Coast teams – bringing together the Solvents and Renewables & Fuels businesses into a single Gulf Coast Business.

Gulf Coast Business

The Gulf Coast Business will be structured around our key priorities.

Driving margin growth and commercial performance –The following leaders will own business development, market engagement, and supplier partnerships across the business:

• Umair Virani: Custom Manufacturing
• John Lewis: Products
• Jeff Haug: Major Raw Materials

Enabling accelerated commercialization – The following leaders will partner closely to move opportunities from development through commercialization more quickly and effectively:

• Rainer Potthast: R&D
• Kurt Griffith: Process Technology, Engineering and Capital

Delivering customer experience and asset productivity – The following leaders will ensure Operations is connected end-to-end, from planning through safe manufacturing and delivery, to ensure responsive execution, optimal asset utilization, and a strong customer experience:

• Maria Kraemer Gutierrez: Integrated Supply Chain and Category Procurement
• Jason McDuff: Customer Experience, including Order Fulfillment and Logistics for US

Supporting our people and performance

• Carolina Barrientos will lead HR operations, including learning and development and performance management, ensuring our teams are supported and positioned to succeed.

Driving financial performance

• Luke Smith will provide financial leadership and discipline to support decision-making and overall business performance.

Across Our Businesses

• Europe Business: No changes to the business model – continued focus on pipeline development, growth, and value creation – led by Sweder van Rijckevorsel
• Oxides Business: Continued focus on optimizing business performance and executing the growth strategy – led by Don Phillips
• Specialty Fuels Business: Operating as an independent business under Jonny Eskander, reporting to Sarves. Through dedicated resources and assets, including Baytown, Jonny will lead efforts to: build on excellent turnaround and continue with focused execution of growth priorities; and win in differentiated markets in automobile and aerospace while utilizing our existing ERM and process infrastructure.

All changes are effective April 1, 2026.

The Opportunity Ahead

What makes this exciting next chapter possible is the foundation this team has already built. Over the past several years, you have navigated a volatile market while continuing to deliver for customers, improve operations, and build capabilities across our sites. That work has positioned Monument for what comes next.

As these changes take shape, we will work together even more closely as One Monument –strengthening how we operate and deepening our partnerships with customers.

The future we’re building will depend on all of us – and this team is more than ready for what comes next.

Sarves Peri
President
Monument Chemical