LEGAL PROCEEDINGS
−Removed: As previously reported, the Virginia Department of Environmental Quality ("VA DEQ") initiated discussions with the Company regarding certain alleged violations associated with air emissions and water discharges at the Company’s Hopewell facility.
−Removed: The Company entered into an Order by Consent with the VA DEQ in September 2025 in connection with the alleged water discharge violations of the State Water Control Law at the Company’s facility in Hopewell, Virginia, which provided for a civil charge of $55,841.
−Removed: The facility is continuing to assess and discuss the allegations associated with air emissions with the VA DEQ.
−Removed: Although the outcome of the matter cannot be predicted with certainty, we do not believe that it will have a material adverse effect on our consolidated financial position, results of operations or operating cash flows.
+Added: As previously reported, the Virginia Department of Environmental Quality ("VA DEQ") initiated discussions with the Company regarding certain alleged violations associated with air emissions at the Company’s Hopewell facility.
+Added: The Company entered into an Order by Consent with the VA DEQ in March 2026, which provided for a civil charge of $2,036,668, of which $25,000 would be paid to the VA DEQ, and the remaining $2,011,668 would be satisfied through (i) supplemental environmental projects protecting the ecosystems and the environment by performing NOx emission reduction capital projects with a required completion date of December 31, 2027 and (ii) paying $250,000 to the VA DEQ for design and/or implementation of wastewater treatment facility measures at the Hopewell Regional Wastewater Treatment Facility.
From time to time, we are involved in litigation relating to claims arising outside of the ordinary course of our business operations.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.