<SEC-DOCUMENT>0001140361-24-016588.txt : 20240329
<SEC-HEADER>0001140361-24-016588.hdr.sgml : 20240329
<ACCEPTANCE-DATETIME>20240329160033
ACCESSION NUMBER:		0001140361-24-016588
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240329
DATE AS OF CHANGE:		20240329

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Mativ Holdings, Inc.
		CENTRAL INDEX KEY:			0001000623
		STANDARD INDUSTRIAL CLASSIFICATION:	PAPER MILLS [2621]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				621612879
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13948
		FILM NUMBER:		24804071

	BUSINESS ADDRESS:	
		STREET 1:		100 NORTH POINT CENTER EAST
		STREET 2:		SUITE 600
		CITY:			ALPHARETTA
		STATE:			GA
		ZIP:			30022-8246
		BUSINESS PHONE:		8005140186

	MAIL ADDRESS:	
		STREET 1:		100 NORTH POINT CENTER EAST
		STREET 2:		SUITE 600
		CITY:			ALPHARETTA
		STATE:			GA
		ZIP:			30022-8246

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SCHWEITZER MAUDUIT INTERNATIONAL INC
		DATE OF NAME CHANGE:	19950914
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>ef20025602_defa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
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      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">UNITED STATES</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 12pt; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 18pt; font-weight: bold;">SCHEDULE 14A</div>
      <div style="text-align: center; color: #000000;"> <br>
      </div>
      <div style="text-align: center; color: #000000;">Proxy Statement Pursuant to Section 14(a) of</div>
      <div style="text-align: center; color: #000000;">the Securities Exchange Act of 1934</div>
      <div style="text-align: center; color: #000000;">(Amendment No.&#8195;&#8195;)</div>
      <div style="color: #000000;">Filed by the Registrant &#9746;</div>
      <div style="color: #000000;">Filed by a Party other than the Registrant &#8201;&#9744;</div>
      <div style="color: #000000;">Check the appropriate box:</div>
      <div style="color: #000000;">Preliminary Proxy Statement &#8201;&#9744;</div>
      <div style="color: #000000;"><font style="font-weight: bold;">Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</font>&#160;&#8201;&#9744;</div>
      <div style="color: #000000;">Definitive Proxy Statement &#9744;</div>
      <div style="color: #000000;">Definitive Additional Materials &#8201;&#9746;</div>
      <div style="color: #000000;">Soliciting Material under &#167;240.14a-12 &#8201;&#9744;</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 24pt; font-weight: bold;">Mativ Holdings, Inc.</div>
      <div style="text-align: center; color: #000000;">(Name of Registrant as Specified In Its Charter)</div>
      <div style="text-align: center; color: #000000;">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</div>
      <div style="text-align: center; color: #000000;"> <br>
      </div>
      <div style="color: #000000;">Payment of Filing Fee (Check the appropriate box):</div>
      <div style="color: #000000;">No fee required. &#9746;</div>
      <div style="color: #000000;">Fee paid previously with preliminary materials. &#8201;&#9744;</div>
      <div style="color: #000000;">Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11. &#8201;&#9744;</div>
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      <div style="text-align: center; font-weight: bold;">MATIV HOLDINGS, INC.</div>
      <div><br>
      </div>
      <div style="text-align: center; font-weight: bold;">SUPPLEMENT TO THE PROXY STATEMENT DATED MARCH 14, 2024</div>
      <div><br>
      </div>
      <div style="text-align: center; font-weight: bold;">FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON APRIL 24, 2024</div>
      <div><br>
      </div>
      <div>The following information supplements and amends the definitive proxy statement on Schedule 14A of Mativ Holdings, Inc. (the &#8220;Company&#8221;) filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) on March 14, 2024 (the &#8220;Proxy Statement&#8221;) in
        connection with the solicitation of proxies by the Company for the Annual Meeting of Stockholders to be held on April 24, 2024 (the &#8220;2024 Annual Meeting&#8221;).</div>
      <div>&#160;</div>
      <div>The Proxy Statement includes a proposal (Proposal Four) to approve the Mativ Holdings, Inc. 2024 Equity and Incentive Plan (the &#8220;2024 Plan&#8221;). The sole purpose of this supplement is to provide additional information regarding outstanding equity
        awards under the Schweitzer-Mauduit International, Inc. 2015 Long-Term Incentive Plan, which will be replaced by the 2024 Plan if the 2024 Plan is approved by our stockholders at the 2024 Annual Meeting.</div>
      <div>&#160;</div>
      <div>This supplement should be read in conjunction with the Proxy Statement. Except as described above, this supplement does not amend, supplement or otherwise affect the Proxy Statement.</div>
      <div>&#160;</div>
      <div style="font-weight: bold;">Information on Equity Compensation Plans as of March 1, 2024</div>
      <div>&#160;</div>
      <div>The information included in our Proxy Statement is updated by the following information regarding all existing equity compensation plans as of March 1, 2024:</div>
      <div>&#160;</div>
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            <td colspan="1" style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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              <div>Total shares underlying outstanding stock options and stock appreciation rights (Appreciation Awards)<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
            </td>
            <td style="width: 22%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">393,136</div>
            </td>
            <td colspan="1" style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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            <td colspan="1" style="width: 3%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
            <td style="width: 72%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div>Total number of full value awards outstanding (includes restricted stock, restricted stock units (RSUs) and performance share units (PSUs))<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
            </td>
            <td style="width: 22%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">0</div>
            </td>
            <td colspan="1" style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          </tr>
          <tr>
            <td colspan="1" style="width: 3%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
            <td style="width: 72%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div>Total number of shares remaining available for future grant under the 2015 Plan<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div>
            </td>
            <td style="width: 22%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: right;">0</div>
            </td>
            <td colspan="1" style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          </tr>
          <tr>
            <td colspan="1" style="width: 3%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
            <td style="width: 72%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div>Total number of shares of common stock outstanding as of the record date</div>
            </td>
            <td style="width: 22%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">54,300,282</div>
            </td>
            <td colspan="1" style="width: 3%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
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      <div>&#160;</div>
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            </td>
            <td style="width: 18pt; vertical-align: top;">(1)</td>
            <td style="width: auto; vertical-align: top;">
              <div>Our Appreciation Awards outstanding as of March 1, 2024 had a weighted-average exercise price of $77.58 and a weighted-average remaining term of 2.8 years. The total number of Appreciation Awards outstanding as of March 1, 2024 includes
                both stock appreciation rights and stock options granted by legacy Neenah.</div>
            </td>
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      <div>&#160;</div>
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            <td style="width: 18pt; vertical-align: top;">(2)</td>
            <td style="width: auto; vertical-align: top;">
              <div>No full-value awards were outstanding as of March 1, 2024, because we intend to cash-settle all RSUs and PSUs outstanding.</div>
            </td>
          </tr>

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      <div>&#160;</div>
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            </td>
            <td style="width: 18pt; vertical-align: top;">(3)</td>
            <td style="width: auto; vertical-align: top;">
              <div>The number of shares remaining available for future grant under the 2015 Plan reflects our intention to cash-settle all RSUs and PSUs outstanding. The 2015 Plan was our only active equity compensation plan as of March 1, 2024.</div>
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