On January 10, 2023, J&T MS 1 SICAV announced that it has sent a letter Venator Materials Plc, highlighting the change in share price under the current board management, Company's strategic decision making, its approach in shareholders engagement and drastic change in shareholder value. In addition, J&T MS 1 SICAV stated that the current board needed to be change to create value to the shareholders and stated that it has nominated Martin Seycek and another independent director to the Company board at the 2023 annual meeting of shareholders.