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Source: American Vanguard Corp.

American Vanguard Corporation ("American Vanguard" or "the Company") (NYSE:AVD) today announced that it has filed its definitive proxy statement with the U.S. Securities and Exchange Commission ("SEC") in connection with its Annual Meeting of Stockholders (the "2022 Annual Meeting"), scheduled to be held on June 1, 2022. Stockholders of record as of April 8, 2022 will be entitled to vote at the meeting.

In conjunction with the definitive proxy statement, the Company has sent a letter to stockholders outlining the Company's attractive positioning and path forward under its leadership team and its response to the proxy solicitation initiated by activist hedge fund Cruiser Capital Advisors LLC ("Cruiser").

The Board of Directors of American Vanguard urges stockholders to sign and return the Company's WHITE proxy card and disregard any proxy card received from Cruiser.

The letter sent to stockholders highlights the following points:

*The American Vanguard Board is committed to serving the interests of ALL stockholders and to continue driving long-term value creation.

*Under the leadership of your highly experienced Board and management team, the Company has delivered attractive returns and strong performance relative to agrochemical peers and the Russell 2000 over the last seven years.

*The Company is well positioned to drive strong operational and financial performance in 2022 and beyond and continue our strong earnings momentum, with mid-double-digit growth anticipated in 2022.

*The Company's acquisitions and investment in innovative technologies have further positioned American Vanguard to capitalize on favorable industry dynamics in both domestic and international markets.

*There is significant embedded value in our Company, including in our SIMPAS platform and growing Green Solutions portfolio, which offers clear upside to all American Vanguard stockholders.

Cruiser, a relatively new stockholder in our Company, is attempting to replace three highly experienced and qualified members of your Board who were instrumental in positioning the Company for these successes and who are integral to the continued execution of our strategy and our future growth.
Our entire Board willingly and enthusiastically interviewed Cruiser's nominees and has held extensive discussions with the group, but found that they do not possess the experience, expertise, or in some cases, the desire to serve that would be additive to the Board, in stark contrast to the Board's nominees.

Neither Mr. Rosenbloom, who is one of Cruiser's founders, nor any of the other Cruiser nominees, presented any concrete recommendations or specific proposals to help the Company execute its strategic growth plans.

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