NCS000315_MONITORING INFO_20190305

m.�
STORMWATER DIVISION CODING SHEET
NCG PERMITS
PERMIT NO.
�/C. S (7bd3) S
DOC TYPE
0 PISTORICAL FILE
❑ MONITORING REPORTS
13
DOC DATE
❑
YYYYMMDD

neAeo®
solutions
February 26, 2019
3 Waterway Square Place, Suite 1000
The Woodlands, TX 77380
North Carolina Department of Environmental Quality
Division of Energy, Mineral and Land Resources, Stormwater Permitting Program
512 North Salisburty Street, MSC 1612
Raleigh, NC 27699-1612
Re: Change of Ownership Notice
Permit #: NCS000315
Permit #: 60-0000068
Issued to Nexeo Solutions, LLC
3930 Glenwood Dr
Charlotte, NC 28208
To whom it may concern:
MAR 05 2019 N4o
DENR-LAND QUALITY '
STORNiWATER FERivilT i r ING � "�
I am writing to notify you about a recent transaction affecting Nexeo Solutions, LLC (the "Permit
Holder"), which holds the above listed permits/authorizations/licenses. We anticipate that the
transaction will close on March 1, 2019.
On September 17, 2018, Nexeo Solutions, Inc. (the ultimate parent of the Permit Holder) announced that
it had entered into an agreement to be acquired by Univar, Inc. (the "Transaction"). As a result of the
Transaction, the Permit Holder will remain a subsidiary of Nexeo Intermediate Holdings and will become
an indirect, wholly -owned subsidiary of Univar, Inc. Please see Exhibit I for a detailed structure chart.
The newly combined company intends to do business going forward from a marketing perspective as
"Univar Solutions." That said, the Permit Holder, does not anticipate that the Transaction will affect day
to day operations at its Charlotte facility and plant personnel overseeing compliance with the above
listed permits/authorizations/licenses are expected to remain unchanged. Since there will be no
changes in ownership of the Permit Holder and the Permit Holder will continue to own and operate the
facility and hold the above listed permits/authorizations/licenses as a subsidiary of Univar, Inc., no
permit transfers are believed to be needed as a result of the Transaction. However, as the merged
companies begin to integrate their operations, permit modifications may be necessary to update certain
information. As such events occur, Nexeo Solutions, LLC will continue to keep you advised.

February 26, 2019
Page 2
If you have any questions or need additional information regarding the Transaction please contact me
at [e-mail] or at 281-297-5228.
Sincerely,
4 a��'
Christina Harris
Manager Environmental Engineering
Attachments
NexeoSolutions.com I Connect.

Exhibit I
Transaction Structure Chart
Overview of the Proposed Transaction:
As part of the transaction (the "Transaction"), Pilates Merger Sub I Corp ("Merger Sub I"), a
newly created Delaware corporation and wholly owned subsidiary of Univar Inc. (`Buyer"),
intends to merge with and into Nexeo Solutions Inc. (the "Company"), with the Company
surviving the initial merger (the "Initial Mercer"). Immediately following the Initial Merger, the
Company will merge with and into Pilates Merger Sub 11 LLC ("Merger Sub II"), a newly
created Delaware limited liability company and wholly owned subsidiary of Buyer, with Merger
Sub 11 surviving the subsequent merger (the "Subsequent Merger" and, together with the "Initial
Merger," the "Mergers'). Nexeo Solutions Holdings, LLC (`Intermediate Holdings") is a
subsidiary of the Company and will become a subsidiary of Merger Sub 11 and of Buyer after the
consummation of the Mergers. Nexeo Solutions, LLC (`Permit Holder") is a subsidiary of
Intermediate Holdings and will remain a subsidiary of Intermediate Holdings after the
Transaction. The diagrams below illustrate the steps in the Transaction.
W E I L:\9692196412\55141.0003

Company Shareholders
Company I
Intermediate
Holdings
% . Permit
Holder:
Operating
Permits
Company '.
Operating
Permits
Company
Intermediate
Holdings -
Permit .
Holder
Buyer
✓lerger Sub,I Merger Sub lI

Step 3: Merger Sub I merges with and into the Company, with the Companv Step 4: The Company merges with and into Mercer Sub
surviving the Initial Merger and Buver the owner of the Company. II with Merger Sub II surviving the Subsequent Merger.
W E I L:\9692196412\65141.0003

Immediately following the Transaction.
W EI L:\96921964\2\65141.0003