The Board of Directors of FMC Corporation has appointed Pierre R. Brondeau as Chief Executive Officer in addition to his role as Chairman of the Board. He succeeds Mark A. Douglas, who has stepped down from his role as Chief Executive Officer, effective June 11, 2024. Mr. Douglas will serve as an executive advisor to the senior management team through September 1, 2024.

In connection with the foregoing and in accordance with the Company?s Restated By-Laws, the Board reduced the size of the Board to ten members. Brondeau was chairman and CEO of FMC from 2010 until his retirement in June 2020, and has continued to serve as chairman of the board during the last four years. He presided over a period of significant growth at FMC, transforming the company into an agricultural sciences leader.

During Brondeau?s prior tenure as CEO, FMC embarked on significant M&A transactions, increased R&D investments and expanded into new geographies, delivering total shareholder return of more than 325% from 2010 to 2020. Dr. Brondeau has served as chairman of the board since October 2010, and was also chief executive officer of FMC from January 2010 until June 2020; president from January 2010 until May 2018; and executive chairman from June 2020 to April 2021. Before joining the Company as president and CEO in January 2010, Dr. Brondeau served as president and CEO, Dow Advanced Materials Division, until his retirement in September 2009.

Prior to Dow?s acquisition of Rohm and Haas Company in April 2009, he was president and chief operating officer of Rohm and Haas from May 2008. Dr. Brondeau held numerous executive positions during his tenure at Rohm and Haas from 1989 through May 2008 in Europe and the United States, with global responsibilities for marketing, sales, research and development, engineering, technology and operations. Dr. Brondeau previously served as a member of the board of directors of TE Connectivity Ltd., Marathon Oil Corporation and Livent Corporation.