Minerals Technologies Announcement Regarding Elementis plc (“Elementis”) - Seite 2

In accordance with Rule 2.5 of the Code, Minerals Technologies reserves the right to:

1. vary the form and/or mix of the consideration described in this announcement; and
2. make an offer on less favourable terms than those described in this announcement:
   • with the recommendation or consent of the Board of Elementis;
   • if Elementis announces, declares or pays a dividend or any other distribution or return of capital to its shareholders after this announcement (in which case Minerals Technologies reserves the right to make an equivalent reduction to the proposed price);
   • if a third party announces a firm intention to make an offer for Elementis on less favourable terms than those set out in this announcement; or
   • following the announcement by Elementis of a whitewash transaction pursuant to the Code.

A further announcement will be made as appropriate.

Enquiries

Minerals Technologies                                        

Investor Contact
Erik Aldag	[phone]
Media Contact
Michael Landau	[phone]
Mark McMaster	[phone]
Richard Shaw / Edward Earlam	[phone]

About Minerals Technologies

New York-based Minerals Technologies is a global resource- and technology-based company that develops, produces and markets a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. Minerals Technologies serves the paper, foundry, steel, construction, environmental, energy, polymer and consumer products industries. The Company reported sales of $1.8 billion in 2019. For further information, please visit our website at www.mineralstech.com.