Operating Principles – How we work.

• We operate in compliance with the law and adhere to high ethical standards.
• We assess the impact on customers and society when making decisions.
• We are externally focused. Our businesses are defined by markets.
• We are process-centered. Our processes are designed to optimize global performance.
• Ashland leaders are first responsible to Ashland and second to a business, resource group or process.
• We are led by an Executive Committee that enforces our principles, sets our strategy and manages our capital.
• We are united by our common vision, mission, values and operating principles.