0001000623-23-000031 Sample Contracts

Mativ Holdings, Inc.
Performance Share Unit Award Agreement • May 10th, 2023 • Mativ Holdings, Inc. • Paper mills • Delaware

Mativ Holdings, Inc., a Delaware corporation (the “Company”), hereby grants to the individual (the “Holder”) named in the award notice attached hereto (the “Award Notice”) as of the date set forth in the Award Notice (the “Grant Date”), pursuant to the provisions of the Mativ Holdings, Inc. 2015 Long-Term Incentive Plan (including any subplans or local addendum applicable to Holder) (the “Plan”), a performance share unit award (the “Award”) with respect to the target number of shares of the Company’s Common Stock, par value $0.10 per share (“Stock”), set forth in the Award Notice, upon and subject to the restrictions, terms and conditions set forth in the Plan and this agreement (including the Addendum (as hereinafter defined) (the “Agreement”). Capitalized terms not defined herein shall have the meanings specified in the Plan.

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Mativ Holdings, Inc. 2015 Long-Term Incentive Plan Restricted Stock Unit Award Agreement
Restricted Stock Unit Award Agreement • May 10th, 2023 • Mativ Holdings, Inc. • Paper mills • Delaware

Mativ Holdings, Inc., a Delaware corporation (the “Company”), hereby grants to the individual (the “Holder”) named in the award notice attached hereto (the “Award Notice”) as of the date set forth in the Award Notice (the “Grant Date”), pursuant to the provisions of the Mativ Holdings, Inc. 2015 Long-Term Incentive Plan (including any subplans or local addendum applicable to Holder) (the “Plan”), a restricted stock unit award (the “Award”) with respect to the number of shares of the Company’s Common Stock, par value $0.10 per share (“Stock”), set forth in the Award Notice, upon and subject to the restrictions, terms and conditions set forth in the Plan and this agreement (including the Addendum (as hereinafter defined) (the “Agreement”). Capitalized terms not defined herein shall have the meanings specified in the Plan.

SEPARATION, WAIVER AND RELEASE AGREEMENT
Separation Agreement • May 10th, 2023 • Mativ Holdings, Inc. • Paper mills • Georgia

This Separation, Waiver and Release Agreement (the “Release Agreement”) is entered into by and between Mativ Holdings, Inc. (the “Company”) and R. Andrew Wamser, Jr. (“You” or “Your”) (collectively, the “Parties”). The Company executes this Release Agreement for itself and on behalf of its parents, subsidiaries, affiliates, and all related companies, as well as each of their respective current and former officers, directors, shareholders, members, managers, employees, agents, other representatives and any employee benefits plans and any fiduciary of those plans (the “Group”) and for purposes of Sections 3, 4 and 5 below, “Company” will mean the Company and the Group.

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