REPORTING & DISCLOSURE TRACKING OUR PROGRESS DOW | REPORTING & DISCLOSURE | 184 Task Force on Climate-Related Financial Disclosures (TCFD) Report Dow Disclosures – TCFD Disclosure Report Category Governance: Disclose the organization’s governance around climate-related risks and opportunities Describe the board’s oversight of climate-related risks and opportunities. Board Oversight The Board is responsible for overseeing the company ’s strategy development and planning process, including annual review of the corporate and business plan. The Board is also responsible for overseeing the ESG priorities of the company , including climate priorities, ensuring transparency and accountability. The Board has Committees (individually a “Committee” and collectively the “Committees”) with well-defined oversight responsibilities including the company ’s strategy, ESG priorities, risk management and overall performance. Each Committee reports to the Board on the topics discussed and actions taken at Committee meetings. The Committees work together and with the Board to ensure that the Committees and the Board have received all information necessary to permit them to fulfill their duties and responsibilities. The responsibilities of each of Dow’s four standing Board Committees are stated in the Bylaws and in their respective Committee Charters. A brief description of the Committees and their responsibilities is provided in the diagram. The Environment, Health, Safety & Technology Committee has specific oversight and responsibility for climate-related opportunities. The Audit Committee has specific oversight and responsibility for climate-related risks as part of the Enterprise Risk Management (ERM) process. Although each Committee oversees the management of certain responsibilities as described in the table, the full Board is regularly updated by the Committees, management and senior leaders. In addition, each Committee has accountability for specific areas of Dow’s strategy, which includes climate initiatives. This enables the Board and the Committees to coordinate the various priorities of the company. AUDIT COMMITTEE COMPENSATION & LEADERSHIP DEVELOPMENT COMMITTEE ENVIRONMENT, HEALTH, SAFETY & TECHNOLOGY COMMITTEE CORPORATE GOVERNANCE COMMITTEE Key Responsibilities • Quality, reliability and integrity of financial statements and application of accounting principles • Quality, reliability and integrity of ESG reporting • Legal or regulatory requirements and ESG reporting frameworks, adequacy of internal controls • Intemal audit function performance • Independent auditor engagement and performance • Oversee the company’s risk management process Risk Oversight • Management and effectiveness of accounting, auditing, external reporting, ethics, compliance and internal controls and cybersecurity Key Responsibilities • Leadership talent assessment; CEO succession • Executive compensation and benefit plans including incentive programs and performance metrics, including ESG metrics • Independent Compensation Consultant engagement and performance • Oversee the company’s human capital management including ID&E commitment and results, work environment and culture philosophy Risk Oversight • Executive compensation policies, practices and disclosures, succession planning, work environment and culture Key Responsibilities • Corporate citizenship, social responsibility, public policy and reputation • Sustainability and ESG commitments and progress, including efforts to protect the climate, reduce carbon emissions, eliminate plastic waste and deliver circular economy solutions • Science and technology capabilities and protection of intellectual property • Political contributions and lobbying expenses • Oversee the company’s environment, health and safety policies, performance and compliance Risk Oversight • Environment, health and safety policies and operations, emerging regulatory developments and compliance Key Responsibilities • ESG matters, including stockholder engagement and governance best practices • Qualifications of director nominees • Board structure and function including annual evaluation of Board and Committee performance • Oversee the company’s governance practices Risk Oversight • Director independence, refreshment and succession planning, overall Board effectiveness, potential conflicts of interest and other governance, reporting and compliance matters