DOW | 2021 ESG REPORT | 76 CORPORATE GOVERNANCE INSTRUMENTAL TO ACCOUNTABILITY Driving Performance with Strong Leadership and Governance BOARD OVERSIGHT At Dow, leading corporate governance begins with a strong, independent Board with the right skills and experiences, clearly defined committee roles and responsibilities, active engagement with company leadership, and oversight of the company’s corporate policies, strategy and overall performance. Among other duties, the Board appoints the company’s officers, assigns to them responsibility for management of the company’s operations and reviews their performance. See disclosure GRI 102-26 . BOARD COMMITTEES The Board actively oversees and engages with management in stewardship of the company’s strategy, ESG leadership, risk management and overall performance. All Board committees are composed of independent directors and have clearly defined oversight responsibilities. The Board currently has four committees: Audit Committee; Compensation and Leadership Development Committee; Corporate Governance Committee; and Environment, Health, Safety & Technology (EHS&T) Committee. In 2021, the Board and its committees improved ESG transparency and accountability, building on our nearly 20 years of annual sustainability reporting with the first integrated ESG report and clear alignment of ESG oversight responsibilities that were outlined in the committee charters adopted in February 2022. Each committee reports to the full Board on topics discussed and actions taken in connection with regular Board and committee meetings. For more information, see Board Committees page on Dow.com and the proxy . OVERSEEING THE ESG AGENDA The Board and its committees actively oversee and regularly engage with senior leaders with respect to progress against corporate and business plans, short- and long-term strategic priorities, and ESG priorities. These ESG priorities include sustainability targets and ID&E initiatives. Each committee is responsible for oversight of specific strategic and ESG areas relevant to their respective charters as summarized below: Committee Area(s) of Strategic and ESG Responsibility Audit Committee External reporting, risk management, internal controls, compliance with legal and regulatory requirements and ESG reporting frameworks Compensation and Leadership Development Committee ID&E, work environment and culture, remuneration and incentives to drive accountability and progress on the company’s financial and ESG performance Corporate Governance Committee Corporate governance framework, board composition and performance, governance best practices, compliance with legal and regulatory requirements and ESG reporting frameworks Environment, Health, Safety & Technology Committee Environmental performance, health, safety, community, corporate citizenship, social responsibility, public policy, sustainability, climate, science and technology