Dow TDI Increase

May 16, 2016

TDI Price Action

Dear Valued Customer:

Effective May 17, 2016, or as contracts allow, The Dow Chemical Company (“Dow”) will

increase its price $0.08/pound for all market segments in the United States for the

following products:

• VORANATE

Your Dow sales representative will be contacting you in order to answer any questions

you might have and to review your sales plan volumes.

Dow appreciates your business, and we look forward to our continued relationship.