EX-99.1 3 tm2624245d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Element Solutions Announces Mutual Termination of Merger Agreement with Solstice Advanced Materials MIAMI - August 27, 2026 - Element Solutions Inc (NYSE: ESI) (“Element Solutions” or the “Company”), a global and diversified specialty chemicals technology company, today announced that the merger agreement between Element Solutions and Solstice Advanced Materials Inc. (“Solstice”) has been mutually terminated. Chairman Ian G.H. Ashken commented, “While the strategic and financial rationale of the proposed transaction was compelling, based on constructive feedback from our shareholders and discussions between the parties, both companies’ boards concluded that Element Solutions and Solstice would serve our respective shareholders better as standalone companies at this time. We took note that Element Solutions shareholders appreciate the strength of our management team, unique culture and business portfolio as currently constructed and acted accordingly. We wish the Solstice team well in the future.” Chief Executive Officer Benjamin Gliklich continued, “At Element Solutions, we work for our shareholders and other stakeh…
Open exhibit ↗Current Report · Items 1.01, 1.02, 8.01, 9.01 · 8-K
Element Solutions Inc.
ESINYSEEQUITYCurrent
Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement · Other Events
Company context
Element Solutions Inc is a leading global specialty chemicals technology company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, these innovative solutions enable customers' manufacturing processes in multiple high-value industries, including semiconductor fabrication, high-performance computing, automotive systems, consumer electronics, power electronics, communications and data storage infrastructure, aerospace and defense, industrial surface finishing and offshore energy.