The company plans to provide more details on its first quarter performance and the status of the Clariant transaction on its call with investors and analysts on About In this press release, statements that are not reported financial results or other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

The following relationships will not be considered to be material relationships that would impair a director’s independence: (i) If the director is, or has an immediate family member who is, a partner (general or limited) in, or a controlling stockholder, equity holder, executive officer, other employee, or director of, any organization to which the Company made, or from which the Company received, payments for property or services in the current or any of the past three fiscal years where the amount involved in such transaction in any such fiscal year was less than the greater of $1 million or 2% of the organization’s consolidated gross revenues for that year; (ii) If the director is, or has an immediate family member who is, a director or trustee of any organization to which the Company has made, or from which the Company has received payments for property or services, and the director (or his/her immediate family member) was not involved in the negotiations of the terms of the transaction, did not, to the extent applicable, provide any services directly to the Company, and did not receive any special benefits as a result of the transaction; or (iii) If the director, or an immediate family member of the director, serves as an officer, director or trustee of a foundation, university, charitable or other not-for-profit organization, and the Company’s discretionary charitable contributions to the organization, in the aggregate are less than the greater of $1 million or 2% of that organization’s latest publicly available annual consolidated gross revenues. The Company shall disclose in its annual proxy statement each director, or each director nominee, that is determined to be independent under the above standards, and any transactions by any independent director that would be considered a related-party transaction under rules established by the Securities and Exchange Commission. 3 Qualification Criteria The Governance and Corporate Responsibility Committee is responsible for reviewing and recommending nominees for election to the Board. The Board will encourage, but not require, directors to periodically pursue appropriate programs about the responsibilities of directors of public companies.

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