Natalia Scherbakoff Joins Orion S.A. as Chief Technology Officer

HOUSTON--(BUSINESS WIRE)-- Orion S.A. (NYSE: OEC), a global specialty chemicals manufacturer, announced today that Natalia Scherbakoff has been appointed the company’s new chief technology officer.

She will succeed David Deters, who for nearly a decade led a global innovation program that made Orion a leader in developing sustainable materials, battery additives and other technology in the carbon black industry. Deters announced his retirement earlier this year and will remain with Orion through the end of 2024 to ensure a seamless transition.

Scherbakoff joins Orion from Trinseo, a specialty materials company, where she served as the vice president of Technology & Innovation, overseeing global research, development and technology innovation with sustainability and circular solutions being a key underlying focus. She also supported key growth initiatives as well as mergers and acquisitions. Scherbakoff was a member of Trinseo’s Corporate Environmental, Social and Governance Council.

“Natalia has broad global experience, a track record of moving ideas through the development process to successful product launches and commercial savvy. She combines strong people skills with a passion for driving innovation and achieving tangible outcomes,” Orion CEO Corning Painter said. “She is arriving at an exciting time here at Orion, and I am looking forward to her building on the success we have had under David’s leadership in batteries, circular products, coatings and other customer applications.”

Before Trinseo, Scherbakoff was the vice president of Research Innovation & Product Lines at Plastic Omnium, a French automotive supplier now known as OPmobility. She also served as the general manager of Specialty Composites and the director of Global Innovation at Owens Corning, a building materials maker.

Scherbakoff is a non-executive board member at specialty materials producer Clayens NP and is also a member of the Forbes Technology Council.

She holds a Ph.D. and M.Sc. in Macromolecular Science from Case Western Reserve University (U.S.), a Chemical Engineering degree from Mauá Engineering University (Brazil) and an MBA from Getulio Vargas Foundation (Brazil). She is fluent in English, French, Portuguese, Italian and Russian.

Scherbakoff will be based at Orion’s main innovation hub in Cologne, Germany, and will also oversee the company’s technical centers in China, South Korea and the U.S. She will continue to build Orion’s innovation capabilities, including leveraging our new Battery Innovation Center in Cologne with a full array of production, testing and diagnostic equipment.

She will also oversee Orion’s €12.8 million investment – which includes €6.4 million in funding from the German government and European Union – to further develop and demonstrate a climate-neutral process for producing carbon black from alternative carbon sources. The technology is designed to improve Orion’s yield and throughput in the production of carbon black using circular feedstocks.

About Orion S.A.

Orion S.A. (NYSE: OEC) is a leading global supplier of carbon black, a solid form of carbon produced as powder or pellets. The material is made to customers’ exacting specifications for tires, coatings, ink, batteries, plastics and numerous other specialty, high-performance applications. Carbon black is used to tint, colorize, provide reinforcement, conduct electricity, increase durability and add UV protection. Orion has four innovation centers and produces carbon black at 15 plants worldwide, offering the most diverse variety of production processes in the industry. The company’s corporate lineage goes back more than 160 years to Germany, where it operates the world’s longest-running carbon black plant. Orion is a leading innovator, applying a deep understanding of customers’ needs to deliver sustainable solutions. For more information, please visit orioncarbons.com.

Forward-Looking Statements

This document contains certain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements of future expectations that are based on current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. New risk factors and uncertainties emerge from time to time and it is not possible to predict all risk factors and uncertainties, nor can we assess the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information, other than as required by applicable law.

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William Foreman

Orion S.A.

Director of Corporate Communications and Government Affairs

william.foreman@orioncarbons.com

Direct: +1 281-889-7833

Christopher Kapsch

Orion S.A.

Vice President of Investor Relations

christopher.kapsch@orioncarbons.com

Direct: +1 281-974-0155

Source: Orion Engineered Carbons S.A.