NEW YORK & WESTWOOD, MA 鈥� November 15, 2023 鈥� 新澳彩开奖 (鈥淐hase鈥� or the 鈥淐ompany鈥�), a leading global manufacturer of protective materials for high-reliability applications across diverse market sectors, today announced the successful completion of its acquisition by affiliates of KKR, a leading global investment firm, for $127.50 per share. As a result of the completion of the transaction, Chase common stock has ceased trading and will no longer be listed on the NYSE American.

鈥淭oday represents an important milestone for Chase in our journey to better serve our customers through strategic growth and innovation,鈥� said Adam Chase, President and Chief Executive Officer of Chase. 鈥淔rom the beginning, KKR was a strong cultural fit for us, and their commitment to employee engagement coupled with an exceptional track record in the materials science space makes them ideal for this new chapter in our history.鈥�

Adam joined Chase in 1998, and has successfully managed Chase as Chief Executive Officer since 2015. Prior to this role, Adam was the Chief Operating Officer.

In conjunction with the transaction close, Lance Reisman will assume the role of Chairman of the Board of Directors of Chase.

鈥淚 am thrilled to be joining the Board of Chase as Chair and look forward to working with Adam and his talented team to achieve a new phase of growth and innovation,鈥� said Mr. Reisman. 鈥淐hase has built an impressive portfolio of leading technologies, and I look forward to supporting the Company in building upon this foundation to drive future growth, both organically and through acquisitions.鈥�

Lance is an Executive Advisor to KKR and currently serves as a member of the Board of Directors at Flow Control Group and as Chairman of the Board at GeoStabilization International and Industrial Physics. Lance previously worked at Danaher, most recently as Group Executive and Vice President responsible for Danaher鈥檚 Water Quality Platform. In this role, Lance led holistic operational and commercial transformations and executed a number of strategic acquisitions.

KKR will also support Chase in implementing a broad-based employee ownership program to allow all of its employees to have the opportunity to participate in the benefits of ownership of the Company. This strategy is based on the belief that employee engagement and a strong ownership culture are key drivers in building stronger companies. Since 2011, KKR portfolio companies have awarded billions of dollars of total equity value to over 60,000 non-senior management employees across more than 35 portfolio companies.

About 新澳彩开奖

新澳彩开奖, a global specialty chemicals company that was founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world. More information can be found on our website /

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR鈥檚 insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR鈥檚 investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR鈥檚 website at . For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group鈥檚 website at .

Media Contacts:

For 新澳彩开奖

听Investor & Media Contact:

Jackie Marcus or Ashley Gruenberg

Alpha IR Group

Phone: (617) 466-9257

E-mail: CCF@alpha-ir.com

Shareholder & Investor Relations Department:

Phone: (781) 332-0700

E-mail: investorrelations@chasecorp.com

For KKR

Liidia Liuksila or Miles Radcliffe-Trenner

(212) 750-8300

media@kkr.com

WESTWOOD, MA and NEW YORK鈥� October 6, 2023 鈥� 新澳彩开奖 (鈥�Chase鈥� or the 鈥�Company鈥�) (NYSE American: CCF), a leading global manufacturer of protective materials for high-reliability applications across diverse market sectors, held a special meeting of shareholders earlier today (the 鈥�Special Meeting鈥�) at which Chase shareholders approved the transactions contemplated by that certain Agreement and Plan of Merger (the 鈥�Merger Agreement鈥�) dated July 21, 2023 by and among Chase, Formulations Parent Corporation (鈥�Parent鈥�) and Formulations Merger Sub Corporation (鈥�Merger Sub鈥�). Pursuant to the Merger Agreement, Merger Sub will merge with and into Chase, with Chase surviving as a wholly owned subsidiary of Parent (the 鈥�Merger鈥�). Parent and Merger Sub are affiliates of investment funds managed by Kohlberg Kravis Roberts & Co. L.P., a global investment firm (collectively, 鈥�KKR鈥�).

A total of 8,295,298 shares of Chase common stock of the 9,508,483 shares of Chase common stock issued and outstanding at the record date were voted at the Special Meeting, representing 87.24% of the issued and outstanding shares of Chase common stock as at the record date of August 29, 2023. Holders of approximately 85.16% of Chase common stock outstanding as of the record date and entitled to vote voted to approve and adopt the Merger Agreement.

The final voting results of the proposals submitted to a vote of the shareholders at the Special Meeting are as follows:

Proposal 1 – The Merger Proposal: To approve and adopt the Merger Agreement (the 鈥�Merger Proposal鈥�).

Proposal 2 – The Merger Compensation Proposal: To approve, on a non-binding advisory basis, certain compensation that will or may be paid by Chase to its named executive officers that is based on or otherwise relates to the Merger.

Proposal 3 – The Adjournment Proposal: To approve the adjournment of the Special Meeting, including if necessary, to solicit additional proxies in favor of Proposal 1 – The Merger Proposal, if there are not sufficient votes at the time of such adjournment to approve the Merger Proposal. Although Proposal 3 was approved, the adjournment of the Special Meeting was not necessary because Chase鈥檚 shareholders approved Proposal 1.

Forward Looking Statements

This communication contains 鈥渇orward-looking statements鈥� within the Private Securities Litigation Reform Act of 1995. Any statements contained in this communication that are not statements of historical fact, including statements about Chase鈥檚 ability to consummate the proposed transaction and the expected benefits of the proposed transaction, may be deemed to be forward-looking statements. All such forward-looking statements are intended to provide management鈥檚 current expectations for the future of the Company based on current expectations and assumptions relating to the Company鈥檚 business, the economy and other future conditions. Forward-looking statements generally can be identified through the use of words such as 鈥渂elieves,鈥� 鈥渁nticipates,鈥� 鈥渕ay,鈥� 鈥渟hould,鈥� 鈥渨ill,鈥� 鈥減lans,鈥� 鈥減rojects,鈥� 鈥渆xpects,鈥� 鈥渆xpectations,鈥� 鈥渆stimates,鈥� 鈥渇orecasts,鈥� 鈥減redicts,鈥� 鈥渢argets,鈥� 鈥減rospects,鈥� 鈥渟trategy,鈥� 鈥渟igns,鈥� and other words of similar meaning in connection with the discussion of future performance, plans, actions or events. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict. Such risks and uncertainties include, among others: (i) the timing to consummate the proposed transaction, (ii) the risk that a condition of closing of the proposed transaction may not be satisfied or that the closing of the proposed transaction might otherwise not occur, (iii) the risk that a regulatory approval that may be required for the proposed transaction is not obtained or is obtained subject to conditions that are not anticipated, (iv) the diversion of management time on transaction-related issues, (v) risks related to disruption of management time from ongoing business operations due to the proposed transaction, (vi) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the common stock of Chase, (vii) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Chase to retain customers and retain and hire key personnel and maintain relationships with its suppliers and customers, (viii) the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the Merger Agreement, including in circumstances requiring the Company to pay a termination fee, (ix) unexpected costs, charges or expenses resulting from the Merger, (x) potential litigation relating to the Merger that could be instituted against the parties to the Merger Agreement or their respective directors, managers or officers, including the effects of any outcomes related thereto, (xi) worldwide economic or political changes that affect the markets that the Company鈥檚 businesses serve which could have an effect on demand for the Company鈥檚 products and impact the Company鈥檚 profitability, (xii) challenges encountered by the Company in the execution of restructuring programs, and (xiii) disruptions in the global credit and financial markets, including diminished liquidity and credit availability, changes in international trade agreements, including tariffs and trade restrictions, cyber-security vulnerabilities, foreign currency volatility, swings in consumer confidence and spending, raw material pricing and supply issues, retention of key employees, increases in fuel prices, and outcomes of legal proceedings, claims and investigations. Accordingly, actual results may differ materially from those contemplated by these forward-looking statements. Investors, therefore, are cautioned against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in Chase鈥檚 filings with the Securities and Exchange Commission (the 鈥�SEC鈥�), including the risks and uncertainties identified in Part I, Item 1A – Risk Factors of Chase鈥檚 Annual Report on Form 10-K for the year ended August 31, 2022 and in the Company鈥檚 other filings with the SEC.

These forward-looking statements speak only as of the date of this communication, and Chase does not assume any obligation to update or revise any forward-looking statement made in this communication or that may from time to time be made by or on behalf of the Company.

About 新澳彩开奖

新澳彩开奖, a global specialty chemicals company that was founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world. More information can be found on our website at /.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR鈥檚 insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR鈥檚 investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR鈥檚 website at www.kkr.com and on Twitter @KKR_Co.

Contacts:

For 新澳彩开奖

Investor & Media Contact:

Jackie Marcus or Ashley Gruenberg

Alpha IR Group

Phone: (617) 466-9257

E-mail: CCF@alpha-ir.com

听

Shareholder & Investor Relations Department:

Phone: (781) 332-0700

E-mail: investorrelations@chasecorp.com

听

For KKR

Liidia Liuksila or Miles Radcliffe-Trenner

(212) 750-8300

media@kkr.com

Shareholders to Receive $127.50 Per Share in Cash

WESTWOOD, MA and NEW YORK鈥� July 21, 2023 鈥� 新澳彩开奖 (鈥淐hase鈥� or the 鈥淐ompany鈥�) (NYSE American: CCF), a leading global manufacturer of protective materials for high-reliability applications across diverse market sectors, today announced that it has entered into a definitive agreement to be acquired by an affiliate of investment funds managed by KKR, a leading global investment firm (as applicable, 鈥淜KR鈥�). The all-cash transaction is valued at approximately $1.3 billion, including the assumption of debt.

Under the terms of the agreement, KKR will acquire all outstanding shares of Chase common stock for $127.50 per share in cash, delivering substantial value to shareholders. The transaction value implies a valuation of approximately 13 times trailing-twelve-months EBITDA.

鈥淎t Chase, we have always been deeply committed to continuously improving our operating performance while providing an outstanding customer experience. In KKR, Chase has found the right strategic partner with strong cultural alignment combined with the experience and resources to help support our mission and drive future growth,鈥� said Adam P. Chase, President and Chief Executive Officer of 新澳彩开奖.

鈥淥ver its nearly 80-year history, Chase has established itself as a leader in highly-engineered protective materials and built a portfolio of trusted brands, while delivering outstanding customer service,鈥� said Josh Weisenbeck, a KKR Partner who leads KKR鈥檚 Industrials investment team. 鈥淲e look forward to supporting Chase on its next phase of growth through developing exciting new products, executing upon strategic acquisitions, and serving customers in growing end-markets, including critical applications in electronics, fiber optics and electric grid infrastructure.鈥�

KKR is making its investment in Chase through its North America Fund XIII. The investment builds on KKR鈥檚 deep experience investing in industrial businesses with technical, materials science capabilities, including , and Materials & Technologies.

Following the close of the transaction, KKR will support Chase in creating an equity ownership program to provide all employees the opportunity to participate in the benefits of ownership of the Company. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. Since 2011, KKR portfolio companies have awarded billions of dollars of total equity value to over 60,000 non-management employees across more than 30 companies.

Transaction Approvals and Timing

The Board of Directors of 新澳彩开奖 (the 鈥淏oard鈥�) has unanimously approved the transaction and recommends that shareholders vote in favor of the transaction. The transaction is expected to close in the fourth quarter of 2023, subject to the receipt of approval from the Company鈥檚 shareholders and certain required regulatory approvals, as well as the satisfaction of other customary closing conditions. The all-cash transaction is not subject to financing conditions.

Peter Chase, Adam Chase, Mary Chase and the Edward L. Chase Trust, collectively holding approximately 26% of the outstanding shares of 新澳彩开奖 common stock, have entered into a support agreement pursuant to which they have agreed, among other things, to vote their shares in favor of the transaction.

Once the transaction is complete, Chase will be a privately held company wholly owned by an affiliate of KKR鈥檚 investment funds and will no longer have its common stock listed on any public market.

Important Information For Investors And Shareholders

This communication does not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities or a solicitation of any vote or approval.听 This communication relates to a proposed transaction between Chase and KKR.听 In connection with this proposed transaction, Chase may file one or more proxy statements or other documents with the Securities and Exchange Commission (the 鈥�SEC鈥�).听 This communication is not a substitute for any proxy statement or other document Chase may file with the SEC in connection with the proposed transaction.听 INVESTORS AND SECURITY HOLDERS OF CHASE ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.听 Any definitive proxy statement(s) (if and when available) will be mailed to shareholders of Chase as applicable.听 Investors and security holders will be able to obtain free copies of these documents (if and when available) and other documents filed with the SEC by Chase through the website maintained by the SEC at http://www.sec.gov.听 Copies of the documents filed with the SEC by Chase will be available free of charge on Chase鈥檚 internet website at /investor-relations/ or by contacting Chase鈥檚 primary investor relation鈥檚 contact by email at investorrelations@chasecorp.com or by phone at 781-332-0700.

Participants in Solicitation

Chase, KKR, their respective directors and certain of their respective executive officers may be considered participants in the solicitation of proxies in connection with the proposed transaction.听 Information about the directors and executive officers of Chase is set forth in its Annual Report on Form 10-K for the fiscal year ended August 31, 2022, which was filed with the SEC on November 10, 2022, its proxy statement for its 2023 annual meeting of shareholders, which was filed with the SEC on December 22, 2022, certain of its Quarterly Reports on Form 10-Q and certain of its Current Reports filed on Form 8-K.

These documents can be obtained free of charge from the sources indicated above.听 Additional information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC when they become available.

Forward Looking Statements

This communication contains 鈥渇orward-looking statements鈥� within the Private Securities Litigation Reform Act of 1995. Any statements contained in this communication that are not statements of historical fact, including statements about Chase鈥檚 ability to consummate the proposed transaction and the expected benefits of the proposed transaction, may be deemed to be forward-looking statements. All such forward-looking statements are intended to provide management鈥檚 current expectations for the future of the Company based on current expectations and assumptions relating to the Company鈥檚 business, the economy and other future conditions. Forward-looking statements generally can be identified through the use of words such as 鈥渂elieves,鈥� 鈥渁nticipates,鈥� 鈥渕ay,鈥� 鈥渟hould,鈥� 鈥渨ill,鈥� 鈥減lans,鈥� 鈥減rojects,鈥� 鈥渆xpects,鈥� 鈥渆xpectations,鈥� 鈥渆stimates,鈥� 鈥渇orecasts,鈥� 鈥減redicts,鈥� 鈥渢argets,鈥� 鈥減rospects,鈥� 鈥渟trategy,鈥� 鈥渟igns,鈥� and other words of similar meaning in connection with the discussion of future performance, plans, actions or events. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict. Such risks and uncertainties include, among others: (i) the failure to obtain the required vote of Chase鈥檚 shareholders, (ii) the timing to consummate the proposed transaction, (iii) the risk that a condition of closing of the proposed transaction may not be satisfied or that the closing of the proposed transaction might otherwise not occur, (iv) the risk that a regulatory approval that may be required for the proposed transaction is not obtained or is obtained subject to conditions that are not anticipated, (v) the diversion of management time on transaction-related issues, (vi) risks related to disruption of management time from ongoing business operations due to the proposed transaction, (vii) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the common stock of Chase, (viii) the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Chase to retain customers and retain and hire key personnel and maintain relationships with its suppliers and customers, (ix) the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the Merger Agreement, including in circumstances requiring the Company to pay a termination fee, (x) unexpected costs, charges or expenses resulting from the Merger, (xi) potential litigation relating to the Merger that could be instituted against the parties to the Merger Agreement or their respective directors, managers or officers, including the effects of any outcomes related thereto, worldwide economic or political changes that affect the markets that the Company鈥檚 businesses serve which could have an effect on demand for the Company鈥檚 products and impact the Company鈥檚 profitability, (xii) challenges encountered by the Company in the execution of restructuring programs, (xiii) disruptions in the global credit and financial markets, including diminished liquidity and credit availability, changes in international trade agreements, including tariffs and trade restrictions, cyber-security vulnerabilities, foreign currency volatility, swings in consumer confidence and spending, raw material pricing and supply issues, retention of key employees, increases in fuel prices, and outcomes of legal proceedings, claims and investigations. Accordingly, actual results may differ materially from those contemplated by these forward-looking statements. Investors, therefore, are cautioned against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in Chase鈥檚 filings with the SEC, including the risks and uncertainties identified in Part I, Item 1A – Risk Factors of Chase鈥檚 Annual Report on Form 10-K for the year ended August 31, 2022 and in the Company鈥檚 other filings with the SEC.

These forward-looking statements speak only as of the date of this communication, and Chase does not assume any obligation to update or revise any forward-looking statement made in this communication or that may from time to time be made by or on behalf of the Company.

Advisors

Perella Weinberg Partners LP and Davis Polk & Wardwell LLP are serving as advisors to Chase. KKR is advised by Goldman Sachs and Kirkland & Ellis LLP.

About 新澳彩开奖

新澳彩开奖, a global specialty chemicals company that was founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world. More information can be found on our website /

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR鈥檚 insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR鈥檚 investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR鈥檚 website at and on Twitter @KKR_Co.

Contacts:

For 新澳彩开奖

Investor & Media Contact:

Jackie Marcus or Ashley Gruenberg

Alpha IR Group

Phone: (617) 466-9257

E-mail: CCF@alpha-ir.com

Shareholder & Investor Relations Department:

Phone: (781) 332-0700

E-mail: investorrelations@chasecorp.com

For KKR

Liidia Liuksila or Miles Radcliffe-Trenner

(212) 750-8300

media@kkr.com

Quarterly Revenue Increased 20.3% Year-Over-Year

Company-Wide Inventory Reduction Plan Well Underway

Disciplined Capital Allocation Drove Further Debt Payments

听Westwood, MA 鈥� July 6, 2023 鈥� 新澳彩开奖 (NYSE American: CCF), a global specialty chemicals company that is a leading manufacturer of protective materials for high-reliability applications across diverse market sectors, today announced financial results for the third fiscal quarter ended May 31, 2023.

Fiscal Third Quarter and Year-to-Date Financial and Recent Operational Highlights

– Total Revenue grew 20.3% to $106.6 million, and 27.9% to $303.8 million, in the third quarter and first nine-months of fiscal 2023, respectively

– Gross Margin of 37.7% (40.2% excluding NuCera) in the third quarter of fiscal 2023, compared to 38.6% in the third quarter of fiscal 2022; Gross Margin of 36.5% (39.6% excluding NuCera) in the first nine-months of fiscal 2023, compared to 37.4% in the first-nine months of fiscal 2022

– Net Income was $12.1 million, or $1.27 per diluted share, compared to $15.5 million, or $1.64 per diluted share in the third quarter of fiscal 2022, with the reduction primarily due to additional $3.1 million ($0.24 per diluted share) incremental amortization expense related to the NuCera business

– Free Cash Flow was $21.4 million and $36.1 million in the third quarter and first-nine months of fiscal 2023, respectively, compared to Free Cash Flow of $10.2 million and $17.2 million in the third quarter and first-nine months of fiscal 2022, respectively

– Adjusted EBITDA grew 15.2% to $26.3 million and 28.2% to $73.5 million in the third quarter and first-nine months of fiscal 2023, respectively, compared to Adjusted EBITDA of $22.8 million and $57.3 million in the third quarter and first-nine months of fiscal 2022, respectively

Adam P. Chase, President and Chief Executive Officer of 新澳彩开奖, said, 鈥淲e are pleased by Chase鈥檚 continued operational excellence in the fiscal third quarter, including continued progress against our key growth initiatives and inventory reduction efforts. Increased inorganic growth from our NuCera business, coupled with tailwinds from our now fully realized price increases, drove much of our year-over-year revenue improvement. Our Adhesives, Sealants and Additives, and Industrial Tapes segments led sales in the quarter, predominately due to continued inorganic revenue from our NuCera business and increased demand seen in our electronic and industrial coatings product lines, as well as our specialty products and pulling and detection product lines. Conversely, our Corrosion Protection and Waterproofing segment experienced a moderate decline due to lower sales volume and customer destocking over the comparative period, tempering the quarter鈥檚 results.”

Mr. Chase added, 鈥淎lthough we enjoyed revenue strength in the period, there was a slight decline in gross margin in the third fiscal quarter and year-to-date period.听 This stepdown can be attributed to lower than historical gross margin from the NuCera business, as well as some impact from customer destocking and inventory reduction initiatives. As we continue integrating NuCera, our focus remains on establishing further operational efficiencies. However, excluding NuCera, Chase鈥檚 margin profile surpassed the prior year鈥檚 margins, demonstrating the Company鈥檚 continued commitment to financial discipline.鈥�

Mr. Chase continued, 鈥淲e are actively executing our previously announced inventory reduction plan, thus enhancing our cash flow and positioning the business to make additional payments toward our Long-Term Debt. Additionally, the Company made strides toward its ongoing consolidation and optimization initiative, having moved out of NuCera鈥檚 Woodlands, TX facility and subleasing the office in the third quarter. Chase continues to prioritize its proven growth strategy of maintaining financial flexibility, cost management, and minimizing its corporate footprint. We continue to evaluate additional opportunities to improve our profitability profile and further integrate the NuCera business.鈥�

Mr. Chase concluded, 鈥淥ur team is excited for the remainder of fiscal year 2023 and is prepared to continue growing our Company both organically and inorganically, as well as continued synergies. We would like to thank our Chase employees for their continued dedication to our business, customers, and operational excellence.鈥�

Michael J. Bourque, 新澳彩开奖鈥檚 Treasurer and Chief Financial Officer, stated, 鈥淲e are keenly focused on the integration of NuCera, and are pleased with continued demand for our Adhesives, Sealants and Additives and Industrial Tapes segments in the fiscal third quarter. Our inventory reduction initiative coupled with a moderated macro environment created an attractive opportunity for Chase to execute $50 million in payments in the nine-month period of fiscal 2023 on our revolver debt, increasing debt availability to $170 million. Additionally, Chase made payments of $10 million during the month of June on our revolving debt facility, reducing our outstanding debt balance to $120 million and increasing our debt availability to $180 million. It is our intent to continue accelerating debt paydown as much as possible in future quarters. Our balance sheet remains healthy with $43 million of cash and a current ratio of 5.2 as of May 31, 2023. Chase is well positioned to maintain financial flexibility, continue to pay down debt, and deliver for our dedicated customers.鈥�

Revenue for our Adhesives, Sealants and Additives segment increased in the third quarter and year-to-date period against the comparable prior year periods. The segment revenue increased $18.3 million, or 50% and $59.8 million, or 60% in the current quarter and year-to-date period, respectively. The third quarter and year-to-date revenue increase was predominately due to the inorganic growth from our NuCera business acquired on the first day of fiscal 2023, totaling $16.2 million and $53.9 million in the third quarter and year-to-date period, respectively. The remaining revenue increase for the third fiscal quarter and first nine-month period of the fiscal year was primarily attributed to sales price increases realized over the comparable prior periods and increased demand for our world-wide focused electronic and industrial coatings product line, totaling $5.7 million and $9.1 million in the third quarter and nine-month period of fiscal 2023. Partially offsetting this increase in revenue in the third fiscal quarter and year-to-date period was reduction in revenue in our organic functional additives product line due to decreased customer demand in North America over the comparable prior fiscal quarter, totaling $3.6 million and $3.2 million in the current fiscal quarter and year-to-date period, respectively.

Revenue for our Industrial Tapes segment increased in the third quarter and year-to-date period over the comparable prior year periods. The segment revenue increased $2.6 million, or 7% and $12.6 million, or 12% in the current quarter and year-to-date period, respectively. Sales price increases realized over the prior year periods and increased demand for our North American-focused specialty products and pulling and detection product line, which increased by $4.1 million and $6.6 million, respectively, positively impacted revenue for the third quarter and year-to-date period. In addition, our North American-focused cable materials product line continues to experience a year-to-date increase in revenue over the comparable year-to-date period, totaling $7.8 million. Partially offsetting the increase in third quarter revenue was a decrease in demand in our cable materials product line over the comparable prior year quarter due to increased demand in the previous year attributed to customer inventory increase initiatives in reaction to supply chain shortages, totaling a decrease of $467,000. Also tempering the overall increase in revenue for the segment was a third quarter and year-to-date reduction in sales volume from our Asia-focused electronic materials product line, totaling $991,000 and $1.8 million in the current quarter and year-to-date period, respectively.

Revenue in the Company鈥檚 Corrosion Protection and Waterproofing segment decreased in the third quarter and year-to-date period over the comparable prior year periods. The segment revenue decreased $2.9 million, or 21% and $6.1 million, or 18% in the current quarter and year-to-date period, respectively. Negatively impacting sales for the segment was a reduction in sales volume for our building envelope product line over the comparable prior year periods attributed to customer destocking, totaling $600,000 and $3.2 million in the third quarter and year-to-date periods, respectively. Also, negatively impacting sales for the segment was a reduction in sales volume for our coating and linings product line in the third quarter and year-to-date period primarily attributed to delayed customer projects due to the extended rainy season in the west coast of North America. This was coupled with increased prior year demand due to customer inventory increase initiatives in reaction to supply chain shortages, totaling $550,000 and $1.5 million in the current quarter and year-to-date period. Additionally, negatively impacting segment sales was our pipeline coatings product line attributed to delayed projects in the Middle East market over the prior comparable quarter and year-to-date period coupled with customer destocking initiatives in North American oil and gas markets, totaling $1.6 million and $1.6 million in the current quarter and year-to-date period, respectively. Furthermore, negatively impacting segment sales was decreased demand in our bridge and highway product line for the third quarter due to delayed bridge and highway projects in North America, totaling $103,000. However, our bridge and highway product line is experiencing an increase in revenue for the year-to-date period, totaling $158,000.

About 新澳彩开奖

新澳彩开奖, a global specialty chemicals company that was founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world. More information can be found on our website /

Use of Non-GAAP Financial Measures

The Company has used non-GAAP financial measures in this press release. Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are non-GAAP financial measures. The Company believes that Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are useful performance measures as they are used by its executive management team to measure operating performance, to allocate resources to enhance the financial performance of its business, to evaluate the effectiveness of its business strategies and to communicate with its board of directors and investors concerning its financial performance. The Company believes Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are commonly used by financial analysts and others in the industries in which the Company operates, and thus provide useful information to investors. However, Chase鈥檚 calculation of Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow may not be comparable to similarly-titled measures published by others. Non-GAAP financial measures should be considered in addition to, and not as an alternative to, the Company鈥檚 reported results prepared in accordance with GAAP. This press release provides reconciliations from the most directly comparable financial measure presented in accordance with U.S. GAAP to each non-GAAP financial measure.

Cautionary Note Concerning Forward-Looking Statements

Certain statements in this press release are forward-looking.听 These may be identified by the use of forward-looking words or phrases including, but not limited to, 鈥渂elieve,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渟hould,鈥� 鈥減lanned,鈥� 鈥渆stimated鈥� and 鈥減otential.鈥澨� These forward-looking statements are based on 新澳彩开奖鈥檚 current expectations.听 The Private Securities Litigation Reform Act of 1995 provides a 鈥渟afe harbor鈥� for such forward-looking statements.听 To comply with the terms of the safe harbor, the Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that a variety of factors could cause the Company’s actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company’s forward-looking statements. The risks and uncertainties which may affect the operations, performance, development and results of the Company’s business include, but are not limited to, the following: uncertainties relating to economic conditions; uncertainties relating to customer plans and commitments; the pricing and availability of equipment, materials and inventories; technological developments; performance issues with suppliers and subcontractors; economic growth; delays in testing of new products;听 the Company鈥檚 ability to successfully integrate acquired operations; the effectiveness of cost-reduction plans; rapid technology changes; the highly competitive environment in which the Company operates; as well as expected impact of the coronavirus disease (COVID-19)听 pandemic on the Company’s businesses. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. The Company does not assume any obligation to update or revise any forward-looking statement made in this release or that may from time to time be made by or on behalf of the Company. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company鈥檚 filings with the Securities and Exchange Commission, including the risks and uncertainties identified in Part I, Item 1A – Risk Factors of the Company鈥檚 Annual Report on Form 10-K for the year ended August 31, 2022.

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Investor & Media Contact:

Jackie Marcus or Ashley Gruenberg

Alpha IR Group

Phone: (617) 466-9257

E-mail: CCF@alpha-ir.com

Shareholder & Investor Relations Department:

Phone: (781) 332-0700

E-mail: investorrelations@chasecorp.com

Website: www.chasecorp.com

Revenue Increased by 12.7% to $88 Million in Q4 FY22 compared to Q4 FY21

Gross Margin improved from first half of fiscal 2022 ending the year at 37.8%

Declares Dividend of $1.00 Per Share

Westwood, MA 鈥� November 10, 2022 鈥� 新澳彩开奖 (NYSE American: CCF), a global specialty chemicals company that is a leading manufacturer of protective materials for high-reliability applications across diverse market sectors, announced financial results for the fourth fiscal quarter ended August 31, 2022. The Company also announced a cash dividend of $1.00 per share to shareholders of record on November 30, 2022, payable on December 9, 2022.

Fiscal Fourth Quarter Financial and Recent Operational Highlights

– Total Revenue grew 12.7% to $88 million, as implemented sales price increases gained against inflationary cost pressures, compared to Q4 FY21

– Gross Margin of 38.6%, compared to 38.8% in Q4 FY21 鈥� Inventory investments, cost controls and sales price adjustments were utilized to counteract margin compression, with realization of benefits achieved in the current quarter, which had been lagging in the first half of the fiscal year

– Net Income was $10.3 million, or $1.08 per diluted share, compared to $10.6 million, or $1.12 per diluted share, for Q4 FY21

– EBITDA was $17.5 million, compared to $18.4 million in Q4 FY21 and Adjusted EBITDA was $22.2 million, compared to $20 million in Q4 FY21

– Free Cash Flow was $13.7 million, compared to Free Cash Flow of $17.5 million in Q4 FY21 鈥� reduction primarily due to continued strategic inventory build (an increase of $4.9 million in Q4 FY22) to meet customer demand and address increased backlog

– Effective Income Tax Rate of 25.4%, compared to 2% in Q4 FY21

Adam P. Chase, President and Chief Executive Officer of 新澳彩开奖, said, 鈥淥ur performance during this fiscal year was rooted in our commitment to driving long-term growth and optimization, and meeting our customers鈥� sustained demand, while also maintaining our financial discipline within the broader macroeconomic environment, particularly related to supply chain disruptions and raw material costs. Our team worked tirelessly to complete our previously announced consolidation initiatives to streamline businesses, minimize our corporate footprint, and reduce fixed costs. Additionally, the integration of our NuCera Solutions acquisition is going well, and the business is performing as expected. As we begin fiscal year 2023, these combined efforts put us in a position of strength to capture additional market share and to leverage our scale to improve our margins.鈥�

Mr. Chase continued, 鈥淥ur Adhesives, Sealants and Additives and Industrial Tapes segments drove a year- over-year increase in revenue during the fourth quarter. Our results were driven by our strategic pricing actions to mitigate raw material cost headwinds, contributions from our accretive acquisition of Emerging

Technologies (鈥淓Ti鈥�) within the Adhesives, Sealants and Additives business, and heightened price and volume-driven growth within our Industrial Tapes segment. Corrosion Protection and Waterproofing revenue moderately decreased year-over-year during the fourth quarter as a result of softening demand in the Middle East and Asian markets impacting the coating and lining systems and pipeline coatings product lines.鈥�

Mr. Chase added, 鈥淒espite challenging operating conditions, increased input costs, and a less favorable sales mix over the year, we improved our gross margin from the first half of fiscal 2022 of 36.8%, to end the year at 37.8%. Our progressive margin growth attests to our diligence in operating with financial discipline and mitigating global macro-headwinds. We continue to work with our customers as a trusted business partner in an effort to proactively address global raw material inflationary pressures, supply chain constraints, and the competitive labor market. In addition to diligently monitoring raw material and commodity pricing markets, strategic price increases will continue to serve as a primary mitigation effort against rising input costs. As we move into fiscal 2023, we remain dedicated to strengthening our margins, meeting consumer demand and driving value for our shareholders through further progressing our strategic growth initiatives. I would like to thank our dedicated team for their work throughout the past year, as their consistent efforts have been vital in ensuring Chase鈥檚 continued success.鈥�

Michael J. Bourque, 新澳彩开奖鈥檚 Treasurer and Chief Financial Officer stated, 鈥淲e are pleased with and encouraged by the sustained demand of our dedicated customers throughout this year鈥檚 challenging macro- environment. Our balance sheet remains strong with a $315.5 million cash balance, including funding of $180 million in revolver debt used for our previously announced NuCera Solutions acquisition. Chase remains well positioned to pay back its debt through both accretive inorganic and sustained organic growth. Further, continuing our commitment to a balanced approach of capital allocation to shareholders, the announced dividend is $1.00 per share which is in-line with the prior year, will be paid in December 2022.鈥�

Revenue in the Adhesives, Sealants and Additives segment increased $4.8 million, or 15% in the fourth quarter ended August 31, 2022. The revenue increase for the quarter was primarily due to sales price increases to counteract margin compression for our North American-focused functional additives product line, which includes year-to-date inorganic growth attributable to the ETi superabsorbent polymers business and revenue increase for the quarter for our electronic and industrial coatings product line.

The Industrial Tapes segment鈥檚 revenue increased $5.7 million, or 17% in the fourth quarter ended August 31, 2022. The segment鈥檚 wire and cable, specialty products, and pulling and detection product lines were up due to sales price and volume-driven sales increases in the fourth fiscal quarter. Revenue growth in the quarter was slightly tapered by a quarter-to-quarter reduction in sales volume from the electronic materials product line due decreased demand in the Asian-end market.

Revenue from the Corrosion Protection and Waterproofing segment decreased by $.6 million, or 5% in the fourth quarter ended August 31, 2022. The segment鈥檚 decrease in fourth quarter revenue was primarily due to sales price increases to counteract margin compression within the building envelope and bridge and highway product lines offset by decreased demand in both our pipeline coatings and our coatings and lining systems product lines. The decrease in revenue was primarily due to COVID-19 overhang delays in products sold into Middle East and Asian markets outpacing North American sales gains in oil and gas pipeline repair and construction markets.

About 新澳彩开奖

新澳彩开奖, a global specialty chemicals company that was founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world. More information can be found on our website /

Use of Non-GAAP Financial Measures

The Company has used non-GAAP financial measures in this press release. Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are non-GAAP financial measures. The Company believes that Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are useful performance measures as they are used by its executive management team to measure operating performance, to allocate resources to enhance the financial performance of its business, to evaluate the effectiveness of its business strategies and to communicate with its board of directors and investors concerning its financial performance. The Company believes Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are commonly used by financial analysts and others in the industries in which the Company operates, and thus provide useful information to investors. However, Chase鈥檚 calculation of Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow may not be comparable to similarly-titled measures published by others. Non-GAAP financial measures should be considered in addition to, and not as an alternative to, the Company鈥檚 reported results prepared in accordance with GAAP. This press release provides reconciliations from the most directly comparable financial measure presented in accordance with U.S. GAAP to each non-GAAP financial measure.

Cautionary Note Concerning Forward-Looking Statements

Certain statements in this press release are forward-looking. These may be identified by the use of forward-looking words or phrases including, but not limited to, 鈥渂elieve,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渟hould,鈥� 鈥減lanned,鈥� 鈥渆stimated鈥� and 鈥減otential.鈥� These forward-looking statements are based on 新澳彩开奖鈥檚 current expectations. The Private Securities Litigation Reform Act of 1995 provides a 鈥渟afe harbor鈥� for such forward-looking statements. To comply with the terms of the safe harbor, the Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that a variety of factors could cause the Company’s actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company’s forward-looking statements. The risks and uncertainties which may affect the operations, performance, development and results of the Company’s business include, but are not limited to, the following: uncertainties relating to economic conditions; uncertainties relating to customer plans and commitments; the pricing and availability of equipment, materials and inventories; technological developments; performance issues with suppliers and subcontractors; economic growth; delays in testing of new products; the Company鈥檚 ability to successfully integrate acquired operations; the effectiveness of cost-reduction plans; rapid technology changes; the highly competitive environment in which the Company operates; as well as expected impact of the coronavirus disease (COVID-19) pandemic on the Company’s businesses. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. The Company does not assume any obligation to update or revise any forward-looking statement made in this release or that may from time to time be made by or on behalf of the Company. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company鈥檚 filings with the Securities and Exchange Commission, including the risks and uncertainties identified in Part I, Item 1A – Risk Factors of the Company鈥檚 Annual Report on Form 10-K for the year ended August 31, 2022.

Investor & Media Contact:

Michael Cummings or Jackie Marcus Alpha IR Group

Phone: (617) 982-0475

E-mail: CCF@alpha-ir.com

or

Shareholder & Investor Relations Department

Phone: (781) 332-0700

E-mail: investorrelations@chasecorp.com

Website:

Transformative acquisition expands the Company鈥檚 suite of specialty polymers and attractive polymerization technologies, advancing 新澳彩开奖鈥檚 portfolio of products, customer reach and strategic growth trajectory

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September 6, 2022, Westwood, MA – 新澳彩开奖 (NYSE American: CCF), a leading global manufacturer of protective materials for high-reliability applications across diverse market sectors, completed on September 1, 2022 the previously announced acquisition of NuCera Solutions, (鈥淣uCera鈥� or the 鈥淐ompany鈥�) from SK Capital (a private equity firm headquartered in New York) for $250 million, pending any working capital adjustments and excluding acquisition-related costs.

The purchase was funded by utilizing Chase鈥檚 existing revolving credit facility and available cash on hand. Chase expects this acquisition to be accretive to earnings within the first year of ownership, with meaningful long-term synergy opportunities. Chase will be modestly levered (~1.2x pro-forma net leverage) post acquisition and maintains ongoing financial flexibility.

Adam P. Chase, President and Chief Executive Officer of 新澳彩开奖, commented, 鈥淲e are pleased to have completed this important strategic acquisition. The acquisition of NuCera is transformational in advancing Chase鈥檚 strategic growth priorities. NuCera鈥檚 culture and technology-driven growth oriented mindset closely align with those of Chase, and we are excited to welcome the NuCera team to 新澳彩开奖.鈥�

Steven McKeown, Chief Executive Officer of NuCera, commented, 鈥淭he Nucera team is excited to become an important part of 新澳彩开奖. We are confident that our track-record of growth and innovation will be enhanced under Chase and we thank SK Capital for their support in helping us reach this new phase of our business. On behalf of everyone at NuCera, we look forward to beginning our journey with the Chase team.鈥�

NuCera will expand Chase鈥檚 global reach into new, blue-chip customers and attractive high-growth end markets such as personal care, polymer additives, coatings, diversified consumer products and masterbatches. Chase will continue to market under NuCera brands and the business will be integrated into Chase鈥檚 Adhesives, Sealants and Additives reporting unit. Chase expects the integration process to run efficiently given its history of successfully integrating acquisitions. Throughout this process, Chase remains committed to ensuring its customers and NuCera鈥檚 customers continue to receive excellent products and services.

About NuCera Solutions

With an 85-year history of innovative chemistry, NuCera is a global leader in the development and manufacture of highly differentiated specialty polymers for markets that require high quality and performance: Adhesives, Coatings, Imaging, Masterbatches, Personal Care, Plastics and other consumer applications. NuCera supplies performance chemistry to global markets from its highly flexible manufacturing facilities in Barnsdall, OK which are supported by R&D and applications laboratories as well as pilot plant facilities. Nucera employs approximately 130 people globally. For more information, please visit

About 新澳彩开奖

新澳彩开奖, a global specialty chemicals company founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world. More information can be found on our website /

Use of Non-GAAP Financial Measures

The Company uses non-GAAP financial measures in our press releases. Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are non-GAAP financial measures. The Company believes that Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are useful performance measures as they are used by its executive management team to measure operating performance, to allocate resources to enhance the financial performance of its business, to evaluate the effectiveness of its business strategies and to communicate with its board of directors and investors concerning its financial performance. The Company believes Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are commonly used by financial analysts and others in the industries in which the Company operates, and thus provide useful information to investors. However, Chase鈥檚 calculation of Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow may not be comparable to similarly titled measures published by others. Non-GAAP financial measures should be considered in addition to, and not as an alternative to, the Company鈥檚 reported results prepared in accordance with GAAP.

Cautionary Note Concerning Forward-Looking Statements

Certain statements in our press releases are forward-looking. These may be identified by the use of forward-looking words or phrases including, but not limited to, 鈥渂elieve,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渟hould,鈥� 鈥減lanned,鈥� 鈥渆stimated鈥� and 鈥減otential.鈥� These forward-looking statements are based on 新澳彩开奖鈥檚 current expectations and include statements relating to the expected timing of the acquisition described in this press release, the expected benefits of the transaction, including future financial and operating results, cost savings, enhanced revenues and accretion to reported earnings that may be realized from the transaction. The Private Securities Litigation Reform Act of 1995 provides a 鈥渟afe harbor鈥� for such forward-looking statements. To comply with the terms of the safe harbor, the Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that a variety of factors could cause the Company鈥檚 actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company鈥檚 forward-looking statements. The risks and uncertainties which may affect the operations, performance, development and results of the Company鈥檚 business include, but are not limited to, the following: uncertainties relating to the timing of the acquisition and receipt of required regulatory approvals; the risk that the businesses involved in the acquisition will not be integrated successfully or that such integration may be more difficult, time- consuming or costly than expected; the risk that expected revenue synergies and cost savings from the transaction may not be fully realized or realized within the expected time frame; the risk that revenues following the acquisition may be lower than expected; uncertainties relating to operating costs, potential customer loss and business disruption following the transaction, including, without limitation, the risk that difficulties in maintaining relationships with employees, may be greater than expected; uncertainties relating to economic conditions including inflation; uncertainties relating to customer plans and commitments; the pricing and availability of equipment, materials and inventories; technological developments; performance issues with suppliers and subcontractors; economic growth; delays in testing of new products; the effectiveness of cost-reduction plans; rapid technology changes; the highly competitive environment in which the Company operates; as well as expected impact of the coronavirus disease (COVID-19) pandemic on the Company鈥檚 businesses. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. The Company does not assume any obligation to update or revise any forward-looking statement made in this release or that may from time to time be made by or on behalf of the Company. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company鈥檚 filings with the Securities and Exchange Commission, including the risks and uncertainties identified in Part I, Item 1A 鈥� Risk Factors of the Company鈥檚 Annual Report on Form 10-K for the year ended August 31, 2021.

Investor & Media Contact:

Michael Cummings or Jackie Marcus Alpha IR Group

Phone: (617) 982-0475

E-mail: CCF@alpha-ir.com

or

Shareholder & Investor Relations Department

Phone: (781) 332-0700

E-mail: investorrelations@chasecorp.com

Website:

July 20, 2022, Westwood, MA – 新澳彩开奖 (NYSE American: CCF), a global specialty chemicals company that is a leading manufacturer of protective materials for high-reliability applications across diverse market sectors, announced on July 14, 2022 that the Board of Directors elected Ellen Rubin to the Board, as an independent director, effective immediately. Additionally, she will serve as a member of Chase鈥檚 Audit Committee.

Peter Chase, Chairman of the Board, commented 鈥淲e are thrilled to be adding Ellen Rubin鈥檚 leadership, industry knowledge, and expertise to our Board of Directors as we continue to expand our business, drive scale, and deliver against our proven growth strategy. Ms. Rubin brings to our Board an extensive leadership background and CEO experience which she gained while scaling startups, including ClearSky Data and CloudSwitch, and as a General Manager at Amazon Web Services, which operate within the growing area of cloud computing. Ms. Rubin鈥檚 proven leadership and knowledge within the information technology space render success, and we look forward to her contribution within our Board of Directors.鈥�

Dana Mohler-Faria, Independent Director and Chair of the Nominating Governance Committee, commented, 鈥淢s. Rubin鈥檚 unique experience serving as CEO and Founder across multiple innovation-based organizations and hands-on capital markets activity and acquisition experience are well-aligned with Chase鈥檚 strategy and will strengthen our Board鈥檚 perspective and acumen. We look forward to working alongside Ms. Rubin on our Board of Directors.鈥�

鈥淚鈥檓 excited to join the 新澳彩开奖 brand during its time of growth and expansion, especially with the recent NuCera acquisition,鈥� Ms. Rubin said, 鈥淐hase鈥檚 market-leading products are at the core of many global industries emerging technologies, and I share the Company鈥檚 commitment to make a material difference for our customers and partners.鈥�

Ms. Rubin brings 20 plus years of experience as a technology CEO and founder in building and scaling companies and expertise working with enterprise and global customers in manufacturing, financial services, healthcare and other industries. Ellen Rubin was CEO and Founder of ClearSky Data (acquired by Amazon), and later served as General Manager at Amazon Web Services for several hybrid cloud services. Previously, Ellen Rubin was CEO and Founder of CloudSwitch (acquired by Verizon). Earlier in her career she was VP Marketing at Netezza, a leader in the data warehousing market, that went public in 2007 and was subsequently acquired by IBM. Ellen Rubin has been recognized as one of the Top 10 Women in the Cloud by CloudNOW, and currently serves as an independent Board Director at Corvus Insurance. Ellen Rubin has an MBA from Harvard Business School.

About 新澳彩开奖

新澳彩开奖, a global specialty chemicals company that was founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world. More information can be found on our website /

Cautionary Note Concerning Forward-Looking Statements

Certain statements in our press releases are forward-looking. These may be identified by the use of forward-looking words or phrases including, but not limited to, 鈥渂elieve,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渟hould,鈥� 鈥減lanned,鈥� 鈥渆stimated鈥�, 鈥済rowth鈥�, 鈥渆xpansion鈥� and 鈥減otential.鈥� The Private Securities Litigation Reform Act of 1995 provides a 鈥渟afe harbor鈥� for such forward-looking statements. To comply with the terms of the safe harbor, the Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that a variety of factors could cause the Company鈥檚 actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company鈥檚 forward-looking statements. The risks and uncertainties which may affect the operations, performance, development and results of the Company鈥檚 business include, but are not limited to, the following: uncertainties relating to the timing of the acquisition and receipt of required regulatory approvals; the risk that the businesses involved in the acquisition will not be integrated successfully or that such integration may be more difficult, time-consuming or costly than expected; the risk that expected revenue synergies and cost savings from the transaction may not be fully realized or realized within the expected time frame; the risk that revenues following the acquisition may be lower than expected; uncertainties relating to operating costs, potential customer loss and business disruption following the transaction, including, without limitation, the risk that difficulties in maintaining relationships with employees, may be greater than expected; uncertainties relating to economic conditions including inflation; uncertainties relating to customer plans and commitments; the pricing and availability of equipment, materials and inventories; technological developments; performance issues with suppliers and subcontractors; economic growth; delays in testing of new products; the effectiveness of cost-reduction plans; rapid technology changes; the highly competitive environment in which the Company operates; as well as expected impact of the coronavirus disease (COVID-19) pandemic on the Company鈥檚 businesses. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. The Company does not assume any obligation to update or revise any forward-looking statement made in this release or that may from time to time be made by or on behalf of the Company. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company鈥檚 filings with the Securities and Exchange Commission, including the risks and uncertainties identified in Part I, Item 1A 鈥� Risk Factors of the Company鈥檚 Annual Report on Form 10-K for the year ended August 31, 2021.

Investor & Media Contact:

Michael Cummings or Jackie Marcus Alpha IR Group

Phone: (617) 982-0475

E-mail: CCF@alpha-ir.com

or

Shareholder & Investor Relations Department

Phone: (781) 332-0700

E-mail: investorrelations@chasecorp.com

Website: