Item 5.07 Submission of Matters to a Vote of Security Holders.

As previously disclosed, on March 28, 2022, Schweitzer-Mauduit International, Inc., a Delaware corporation ("SWM"), Neenah, Inc., a Delaware corporation ("Neenah") and Samurai Warrior Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of SWM ("Merger Sub"), entered into a definitive Agreement and Plan of Merger (the "Merger Agreement"). Pursuant to the Merger Agreement, and subject to the terms and conditions thereof, Merger Sub will merge with and into Neenah (the "Merger"), with Neenah surviving the Merger as a wholly-owned subsidiary of SWM.

On June 29, 2022, Neenah held a special meeting of its shareholders. At the special meeting, shareholders voted on the following matters: (1) a proposal to approve and adopt the Merger Agreement and the transactions contemplated thereby, including the Merger (the "Neenah merger proposal"); (2) a proposal to approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to Neenah's named executive officers that is based on or otherwise relates to the merger (the "Neenah compensation proposal") and (3) a proposal to approve the adjournment of the Neenah special meeting from time to time, if determined by the chairperson of the meeting to be necessary or appropriate, including adjournments to permit further solicitation of proxies in favor of the Neenah merger proposal or to ensure that any supplement or amendment to the joint proxy statement/prospectus is timely provided to Neenah stockholders (the "Neenah adjournment proposal").

A total of 15,194,471 shares of Neenah common stock were present or represented by proxy at the meeting. This represented approximately 90.50% of the shares of Neenah common stock that were outstanding and entitled to vote at the Neenah special meeting, constituting a quorum for all matters to be presented at the Neenah special meeting.

The results of the shareholders' votes are reported below:

1. With respect to the approval of the Neenah merger proposal, the votes were as


    follows:


   For       Against   Abstain   Broker Non-Votes
14,626,503   541,602   26,366           -

2. With respect to the approval of the Neenah compensation proposal, the votes


    were as follows:


   For       Against   Abstain   Broker Non-Votes
14,344,893   769,299   80,279           -

3. With respect to the approval of the Neenah adjournment proposal, the votes

were as follows:

For Against Abstain Broker Non-Votes 13,311,704 1,797,674 85,093

           -

With respect to proposal number three, the Neenah adjournment proposal, although the vote was taken, no motion to adjourn was made because the Neenah merger proposal had passed.




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