STATEMENT: ANGUS announces the change of company brand, which will be called "Advancion"

The new name and brand reflect the company's strategic transformation into a leading global producer of specialty ingredients for the life sciences, personal care and other essential markets.

BUFFALO GROVE, Ill., May 4, 2023/PRNewswire/ -- ANGUS Chemical Company ("ANGUS" or "Company") today unveiled a new name and logo as part of a broad corporate rebranding initiative. The Company, which has operated as ANGUS for more than 40 years, will change its name to "Advancion". The name Advancion reflects the Company's significant transformation into a leading global producer of essential ingredients for the biotech, pharmaceutical, personal and household care, and other consumer and industrial markets.

"From materials science to molecular biology, we are a company built on decades of precision and ingenuity. The high-quality, pure ingredients we develop and produce today help the world's most essential industries meet tomorrow's emerging challenges. ", said David Neuberger, president and CEO. "We are the same organization, ownership, leadership and team of dedicated employees. Our transition to the Advancion name and brand will more clearly represent who we are and what we do: a designer and producer of high-value consumables and ingredients that help enrich lives and enable our customers to move the world forward."

ANGUS, a portfolio company of Ardian and Golden Gate Capital, is one of the world's largest suppliers of buffers and other proprietary chemicals for the life sciences. The company's specialty ingredients help improve the performance, quality, consistency, durability, stability and other important attributes of end-use formulations. Through its recent acquisition of Expression Systems, ANGUS also produces innovative cell culture media formulations, cell lines, molecular tools, and reagents for the high-growth biologic segments, including cell and gene therapies.

The company's transition to the new Advancion name and brand identity is expected to be complete in August 2023. Initial elements of the Advancion brand evolution include a new logo design inspired by the multifunctionality and versatility of the unique ingredients of the company and a fresh and modern color palette. Additionally, a rebranding resource page has been created at angus.com/rebranding to provide customers and vendors direct access to all communications, sample documents and FAQs related to the rebranding transition, once they are available.

ABOUT ANGUSANGUS is a leading global manufacturer and marketer of specialty ingredients and consumables for biotech, pharmaceutical, industrial and consumer applications. The company innovates through its unique nitroalkane chemistries, including its flagship AMP™ (aminomethyl propanol) multifunctional additives and TRIS AMINO™ (tromethamine) buffers, which are produced in fully integrated ISO 9001-certified manufacturing facilities in the United States and Germany. ANGUS serves its customers worldwide through six regional customer application centers located in Chicago (Illinois), Paris (France), São Paulo (Brazil), Singapore, Shanghai (China) and Mumbai (India). The company is privately owned by Ardian and Golden Gate Capital, and is headquartered in Buffalo Grove, Illinois. For more information, visit angus.com.

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FOR MORE INFORMATION ANGUS Media RelationsScott C. Johnson 1 847-808-3769scjohnson@angus.com

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