Newell Brands Consolidated Pension Plan

The finance committee of Newell Brands' board of directors holds investment oversight authority. Courtney Mather chairs the committee. Carl Icahn serves as a committee member, a governance arrangement established following his 2018 board representation push at Newell Brands (per the firm's proxy filings). The committee retains responsibility for investment policy, manager selection, and actuarial assumptions.

The plan is a fully sponsored, non-contributory defined-benefit pension for employees of Newell Brands Inc. The parent company funds the plan and consolidates its assets and obligations within its corporate financial statements. Investment governance flows through the parent company's board finance committee rather than through an independent pension board or separate investment office.

No. The plan does not maintain a separate investment office or dedicated pension investment staff. Administration and investment execution sit within Newell's corporate treasury function in Atlanta. This is typical for sponsor-administered corporate plans where investment decisions are made at the parent-company level rather than by an autonomous pension investment organization.