DEFA14A: Origin Materials Director Nominee Withdraws from Re-election

Pia Heidenmark Cook has withdrawn her nomination for re-election to Origin Materials' Board of Directors at the upcoming Annual Meeting on May 6, 2025.

Summary

• This document is a supplement to Origin Materials' definitive proxy statement for the Annual Meeting of Stockholders to be held on May 6, 2025.
• The supplement addresses a change in the proposed nominees for election to the Company's Board of Directors.
• On April 28, 2025, Pia Heidenmark Cook notified the Board that she has decided not to stand for reelection as a director at the Annual Meeting.
• Ms. Cook will serve out the remainder of her term until the Annual Meeting.
• As a result, Ms. Cook's nomination for election to the Board has been withdrawn.
• Proxies already returned by stockholders will remain valid and will be voted at the Annual Meeting unless revoked.
• Proxies received in respect of the election of Ms. Cook will be disregarded and will not be voted with respect to her election, but will continue to be voted as directed or otherwise as set forth therein with respect to all matters properly brought before the Annual Meeting, including the election of the other director nominees.
• Stockholders who have already returned their proxy card do not need to take any action unless they wish to change their vote.
• Stockholders who have not yet returned their proxy card should complete and return it, disregarding the name of Ms. Cook as a nominee.

Sentiment

Score: 7

Explanation: The announcement is neutral in tone and reflects a standard corporate governance update. The withdrawal of a nominee is not inherently positive or negative.

Industry Context

This announcement is a routine update regarding board composition, which is a common occurrence in publicly traded companies.

Management Changes

Stakeholder Impact

• Shareholders need to be aware of the change in the director nominee slate when casting their votes.
• The remaining board members will need to address the vacancy created by Ms. Cook's departure.

Key Dates

Keywords

Origin Materials, Board of Directors, Proxy Statement, Annual Meeting, Director Nomination, Pia Heidenmark Cook