Chemours Co
For the period ended Apr 22, 2025. Filed Mar 20, 2025.
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Apr 22, 2025 · Filed Mar 20, 2025
Contents
Code of Conduct
Active engagement with shareholders representing nearly a majority of our outstanding shares in 2024
Approved new Chemours Company Code of Conduct in 2024; enhanced Director Code of Conduct in 2023
Senior Leadership Governance Policies and Practices
Clawback (with express linkage to Code of Conduct and other corporate policies) and Anti-Hedging policies and adopted Executive Officer Clawback policy in compliance with SEC Rule 10D-1 and New York Stock Exchange (“NYSE”) Listing Standards
Established a new Speak-Up Policy in 2024 which reinforces every employee’s responsibility to raise concern
Established a project management office to monitor progress towards remediation of material weaknesses
Enhanced our policies and protocols related to working capital management practices and enhanced communication between management and the Board
Enhanced our internal management representation letter process which serves as a mechanism for internal information sharing and supports our CEO and CFO certifications regarding the accuracy of our financial statements
Provided additional training for employees and members of management in the area of accounting, finance, business and legal
Strengthened finance team, setting an appropriate tone at the top, by hiring Shane Hostetter as Chief Financial Officer on July 1, 2024, and David Will as Chief Accounting Officer on August 12, 2024.
CODE OF CONDUCT
Chemours is committed to living our shared corporate values and ensuring every employee understands and embodies these principles in their daily activities. Our core values guide our actions, decisions, and interactions, creating a cohesive and positive work environment that fosters integrity, respect, and excellence. By adhering to these values, we uphold the highest standards of ethical behavior and demonstrate our dedication to operating with honesty and transparency.
In furtherance of this commitment, the Company maintains a Code of Conduct, a Code of Business Conduct and Ethics for the Board of Directors, and a Code of Ethics for the CEO, CFO and Controller.
The Code of Conduct is the primary resource for explaining the Company’s expectations of high ethical conduct. The Code of Conduct applies to all officers, directors and employees of the Company. It is reviewed and approved biennially by the Board of Directors.
This year, the Company undertook an even more in-depth process to review and update the Code of Conduct to reflect our refreshed Company values and emphasize our strong speak up culture. This endeavor was a comprehensive effort that involved soliciting feedback from employees across various functions and levels within the organization. The insights and perspectives gathered during this process resulted in a Code of Conduct that is relevant, practical, and aligned with our current business, environmental, social and strategic objectives.
100% of employees complete an annual training course in the Code of Conduct and certify their understanding and commitment to its principles. This process ensures that every employee is equipped with the knowledge and tools necessary to uphold our values and navigate complex ethical situations with confidence. The Ethics & Compliance team also prepares online and in-person trainings on specific segments of the Code of Conduct throughout the year.
The Code of Business Conduct and Ethics for the Board of Directors applies to all directors, and is intended to foster the highest ethical standards and integrity; identify areas of potential ethical risk and conflicts of
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.