DOW | 2021 ESG REPORT | 80 CORPORATE GOVERNANCE INSTRUMENTAL TO ACCOUNTABILITY Q&A With Richard Davis, continued Q: Why is strong corporate governance so important? RD: At Dow, we know that strong corporate governance is critical to achieving our ambition to become the most innovative, customer-centric, inclusive and sustainable materials science company in the world. This 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 strategy and overall performance. As a Board, we execute these responsibilities and focus on Dow’s strategic initiatives to continuing financial growth, ESG progress and driving long-term stockholder value. Q: Why does the Board engage directly with Dow’s stakeholders? RD: The only way we can achieve our ambition is by engaging with our stakeholders, including our stockholders, to fully understand their feedback and ensure we continue to serve their interests. As lead director, I enjoy the opportunity to meet with investors, stockholders and other stakeholders. I share their perspectives and viewpoints with the Board, and that enhances our decision-making and helps guide our oversight and input into a broad range of important topics, including Board and management team composition and effectiveness, business strategy development, company performance and risk management. Q: How does the Board view Dow’s ESG goals and performance? RD: As a Board, in addition to financial excellence and integrity, we know that our progress in ESG matters. These topics - like advancing inclusion and equity, plastics circularity and a zero-carbon economy – are top of mind with our stockholders and, in fact, all our stakeholders. At Dow, we are in a leading position and recognized as one of the most progressive companies in this area. We are proud to share our progress with our stakeholders as well as our commitment to continuous improvement both now and in the future. For example, to create even greater accountability for ESG progress, we recently enhanced the link between ESG performance and our compensation programs. I am personally proud of being part of a mission to do well by doing right.