Materion Corporation Declares Third Quarter Dividend

MAYFIELD HEIGHTS, Ohio–(BUSINESS WIRE)–Materion Corporation (NYSE – MTRN) announced today that its Board of
Directors declared a third quarter 2017 dividend of $0.10 per share of
common stock. The dividend is payable on September 5, 2017 to
shareholders of record at the close of business on August 18, 2017.

The dividend is a reflection of the Company’s continued confidence in
the strength of its business, its prospects for long-term growth and its
ability to continue to grow the business organically, as well as through
acquisitions while returning cash to shareholders.

FORWARD-LOOKING STATEMENTS

Portions of the narrative set forth in this document that are not
statements of historical or current facts are forward-looking
statements, in particular, the outlook provided above. Our actual future
performance may materially differ from that contemplated by the
forward-looking statements as a result of a variety of factors.

These factors include, in addition to those mentioned elsewhere herein:

• Actual net sales, operating rates, and margins for 2017;
• Our ability to effectively integrate the Heraeus high-performance
  target materials business acquisition;
• The global economy;
• The impact of any U.S. Federal Government shutdowns and sequestrations;
• The condition of the markets which we serve, whether defined
  geographically or by segment, with the major market segments being:
  consumer electronics, industrial components, defense, medical,
  automotive electronics, telecommunications infrastructure, energy,
  commercial aerospace, and science;
• Changes in product mix and the financial condition of customers;
• Our success in developing and introducing new products and new product
  ramp-up rates;
• Our success in passing through the costs of raw materials to customers
  or otherwise mitigating fluctuating prices for those materials,
  including the impact of fluctuating prices on inventory values;
• Our success in identifying acquisition candidates and in acquiring and
  integrating such businesses;
• The impact of the results of acquisitions on our ability to fully
  achieve the strategic and financial objectives related to these
  acquisitions;
• Our success in implementing our strategic plans and the timely and
  successful completion and start-up of any capital projects;
• The availability of adequate lines of credit and the associated
  interest rates;
• Other financial factors, including the cost and availability of raw
  materials (both base and precious metals), physical inventory
  valuations, metal financing fees, tax rates, exchange rates, pension
  costs and required cash contributions and other employee benefit
  costs, energy costs, regulatory compliance costs, the cost and
  availability of insurance, and the impact of the Company’s stock price
  on the cost of incentive compensation plans;
• The uncertainties related to the impact of war, terrorist activities,
  and acts of God;
• Changes in government regulatory requirements and the enactment of new
  legislation that impacts our obligations and operations;
• The conclusion of pending litigation matters in accordance with our
  expectation that there will be no material adverse effects;
• The success of the realignment of our businesses;
• Our ability to strengthen our internal control over financial
  reporting and disclosure controls and procedures; and
• The risk factors as set forth in Item 1A of our Form 10-K for the year
  ended December 31, 2016.

Materion Corporation is headquartered in Mayfield Heights, Ohio. The
Company, through its wholly owned subsidiaries, supplies highly
engineered advanced enabling materials to global markets. Products
include precious and non-precious specialty metals, inorganic chemicals
and powders, specialty coatings, specialty engineered beryllium alloys,
beryllium and beryllium composites, and engineered clad and plated metal
systems.

Contacts

Materion Corporation
Investor Contact:
Stephen
F. Shamrock, 216-383-4010
[email protected]
or
Media
Contact:
Patrick S. Carpenter, 216-383-6835
[email protected]
or
http://www.materion.com
Mayfield
Hts-g