INEOS Ltd - May 26, 2023 Form 4 Insider Report for Ecovyst Inc. (ECVT)

Role: Former 10% Owner
Signature: INEOS LIMITED, /s/ Simon Morland, Name: Simon Morland, Title: Director
Stock symbol: ECVT
Transactions as of: May 26, 2023
Transactions value $: -$152,331,200
Form type: 4
Date filed: 5/26/2023, 04:17 PM
Previous filing: Dec 20, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECVT	Common Stock, par value $0.01	Sale	-$152M	-14M	-56.61%	$10.88	10.7M	May 26, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

INEOS Ltd is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	James A. Ratcliffe, as the majority owner of INEOS Limited, has the power to control the voting and disposition of the shares of common stock held by INEOS Limited. Mr. Ratcliffe disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

James A. Ratcliffe, as the majority owner of INEOS Limited, has the power to control the voting and disposition of the shares of common stock held by INEOS Limited. Mr. Ratcliffe disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

*The Power of Attorney executed by James A. Ratcliffe, authorizing the signatory to sign and file this report on James A. Ratcliffe's behalf, filed as Exhibit 99.1 to the Schedule 13D filed with the Securities and Exchange Commission on May 26, 2023 by the Reporting Persons with respect to the common stock of the Issuer, is hereby incorporated by reference.