| Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1) | Proposed Maximum Aggregate Offering Price Per Share | Maximum Aggregate Offering Price | Fee Rate | Amount of registration fee | ||||||||||||||||
| Equity | Common Stock, $0.01 par value per share | Other | 400,000(2) | $117.77(3) | $47,108,000(3) | $0.0000927 | $4,366.91(3) | ||||||||||||||||
| Total Offering Amounts | - | $4,366.91 | |||||||||||||||||||||
| Total Fee Offsets | - | ||||||||||||||||||||||
| Net Fee Due | $4,366.91 | ||||||||||||||||||||||
| (1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement also covers an indeterminate number of additional shares of common stock, par value $0.01 per share (“Common Stock”), of Advanced Drainage Systems, Inc. (“ADS” or the “Company” or the “Registrant”), which may be offered and issued under the plan by reason of any stock dividends, stock splits, recapitalizations or other similar transactions effected without receipt of consideration that increases the number of outstanding shares of the Registrant’s Common Stock. | ||||
| (2) | Consists of 400,000 shares of common stock reserved for issuance under the ADS Employee Stock Purchase Plan (the “Plan”). On July 21, 2022, the Company’s Stockholders approved the Plan at the 2022 Annual Meeting of Stockholders. | ||||
| (3) | Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(c) and Rule 457(h) of the Securities Act of 1933, as amended, based on the average of the high and low sales prices per share of the Common Stock as reported on the New York Stock Exchange on August 1, 2022. | ||||