ENVIRONMENTAL PERFORMANCE INROADS FOR SUSTAINABLE DEVELOPMENT DOW | 2021 ESG REPORT | 25 Taking Action on Biodiversity Through our pioneering Valuing Nature Goal  , one of Dow’s 2025 Sustainability Goals, and our 10-year collaboration with The Nature Conservancy (TNC), we have demonstrated how nature can be a source of sustainable business value. We are now broadening our work with TNC to include biodiversity. OUR ACTIONS In 2021, in partnership with TNC, we assessed the potential impact that our global sites may have on areas of significance for biodiversity. We developed a land value assessment tool that can help us make informed decisions by exploring solutions and recommending the best land management strategy. The tool is helping us: • Analyze the environmental risk of global Dow locations and identify priority sites for implementing nature-based solutions; and • Optimize land-use transformation strategies at a selected site to capture optimal value from ecosystem services. Land-use transformations such as reforestation, restoration, remediation or wetland construction can provide natural-capital and environmental benefits that can supplement man-made mitigation systems such as carbon capture and storage. Several Dow-owned land parcels were identified as the priority areas to focus our continued work. CLIMATE PROTECTION