Elevance Hires Chief Technology Officer

New position to focus on company’s continued growth and commercialization efforts

Woodridge, Ill., USA (Jan. 23, 2014) – Elevance Renewable Sciences, Inc. announced today that it has hired Robert “Bob” Kumpf as the company’s Chief Technology Officer. In this role, Kumpf will focus on expanding the organization’s product and applications development capabilities.

“Bob’s breadth of experience and knowledge make him a tremendous addition to our leadership team,” said Elevance CEO K’Lynne Johnson. “In this new position, Bob will continue to support and further accelerate commercialization activities. We are delighted to welcome him to our company.”

Prior to joining Elevance, Kumpf served as Chief Operating Officer at Plextronics, a leader in the research, development and commercialization of conductive and semi-conductive polymers and ink formulations, which enable the commercialization of printed electronic devices. In this role, he led the company’s research, engineering and manufacturing operations. Previously, Kumpf served as Chief Administrative Officer at Bayer MaterialScience. During his 25-year tenure at Bayer, he also held executive leadership roles in the company’s polymer division, polyurethane division, plastics division and future business group, and served two European assignments. He joined Bayer as a research chemist after graduating with a doctorate degree from the materials science and engineering department at The Pennsylvania State University. He currently holds 20 U.S. and European patents and has published 21 articles in various scientific journals.

Kumpf is active in various non-profit organizations having previously served as Chairman of the Board of Directors of the Industrial Research Institute. In addition, he is a member of the Board of the Pennsylvania Nanomaterials Commercialization Center, the Pennsylvania State University Materials Science and Engineering External Advisory Board and the Carnegie Science Center STEM Advisory Board. Additionally, Kumpf serves as Adjunct Professor of Material Science and Engineering at Penn State.

About Elevance Renewable Sciences, Inc.

Headquartered in Woodridge, Ill., Elevance Renewable Sciences, Inc. creates novel specialty chemicals from natural oils for use in personal care products, detergents and cleaners, lubricants and additives, engineered polymers, and other specialty chemicals markets. Commercial shipments from the company’s first biorefinery, a 180,000 MT joint venture with Wilmar International Limited located in Gresik, Indonesia, began in 2013. The biorefinery is the first based on Elevance’s proprietary metathesis technology with a Natchez, Miss., biorefinery scheduled to be the second biorefinery with a capacity of 280,000 MT. To learn more, visit www.elevance.com or www.renewicals.com.

(January 23, 2014)