Questions and Answers What was the Dow Spin off?

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QuestionsandAnswers

WhatwastheDowSpinoff?

InconnectionwiththemergerofequalstransactioninvolvingTheDowChemicalCompanyandE.I.du PontdeNemoursandCompany,DowDuPontannounceditsintentiontoseparateintothree independent,publiclytradedcompanies?oneforeachofitsagriculture,materialsscienceandspecialty productsbusinesses.

OnApril1,2019,DowDuPontcompletedthefirststepwiththespinoffofitsmaterialssciencebusiness, "Dow."DowDuPonteffectedthespinoffbydistributingallofthethenissuedandoutstandingsharesof Dowtoitsstockholders.mon stockforevery3sharesofDowDuPontcommonstocktheyheldontherecorddate,March21,2019.

HowmanysharesofDowcommonstockdidIreceiveinthetransaction?

ShareholdersthatheldDowDuPontcommonstockasoftheMarch21,2019recorddate,anddidnot selltheirrighttoreceiveDowcommonstockinthespinoffonorbeforetheApril1,2019distribution date,received1shareofDowcommonstockforevery3sharesofDowDuPontcommonstocktheyheld ontherecorddate.NofractionalDowsharesweredistributed.Ifyouwerearegisteredholderonthe company'sbooksentitledtoreceiveafractionofashareofDowcommonstock,theenclosedcheck representscashinlieuofafractionalshare.

Isthisataxabletransaction?

ItisexpectedthatthereceiptofDowcommonstockinthespinoffwillbetaxfreetoDowDuPont stockholdersforU.S.federalincometaxpurposes(exceptforanycashreceivedinlieuoffractional shares).

HowweremysharesofDowdistributed?

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AllwholesharesofDowcommonstockhavebeendistributedelectronicallyindirectregistration(book

entry)formbyComputershare,Dow'stransferagentandDowDuPont'sdistributionagentforthespin

putersharehasrecordedyourDowsharesonthecompany'sbooks.RegisteredDowDuPont

stockholdersentitledtoreceiveDowcommonstockreceived a TransactionStatementas

evidenceoftheirownershipofDowsharesand,ifapplicable,acheckrepresentingcashinlieuofany

fractionalshareofDowstock.PleaseretaintheTransactionStatementforyourfiles.

WhatistheDirectRegistrationSystemandwhatareitsbenefits?

TheDirectRegistrationSystem("DRS")isanocostservicethatallowsyourDowsharestoberecorded andtrackedelectronicallywithouthavingaphysicalstockcertificateissued.WithDRS,youretainfull ownershipofyourshares,aswellasallofthevotingandotherrightsandprivilegesofbeingaDow stockholder.DRSprovidesanattractiveandconvenientalternativetoholdingphysicalstockcertificates.

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MayIrequestaphysicalstockcertificateformyDowshares?

No,theDowsharesareuncertificatedandnophysicalstockcertificateswillbeissued. HowdoItransferDRSshares?

TherequirementsfortransferringDRSsharesarethesameasthosefortransferringcertificatedshares, exceptthatwithDRS,thereisnocertificatetosurrender.CallComputershareat18003695606orvisit theirwebsiteatinvestorformoreinformation.

HowdoIdelivermyDRSsharestomybroker?

YoumayauthorizeyourbrokertosendanelectronicinstructiontoComputersharetodebitDRSshares fromyouraccountatComputershareanddeliverthemelectronicallytoyouraccountwithyourbroker. Youwillneedtoprovideyourbrokerwiththefollowinginformation,mostofwhichcanbefoundonthe enclosedTransactionStatement:yourComputershareaccountnumber,yoursocialsecuritynumberor taxpayerIDnumber,thenameonyourDRSaccount,thenumberofDRSsharestobedelivered,and Computershare'sDTCnumber,7807.

HowdoIpurchaseadditionalDowshares?

YoumaypurchaseadditionalsharesofDowcommonstockatanytimeeitherthroughabrokeror throughtheComputershareInvestmentPlan(CIP)atinvestor.The ComputershareCIPprovidesDowshareholderswithaconvenientmethodofpurchasingorselling sharesofDowcommonstock.TheComputershareCIPalsoincludesadividendreinvestmentoption, whichwillallowyoutoreinvestanycashdividendsyoureceivefromDowintothepurchaseof additionalDowshares.

WhatisDow'sdividendpolicy?

OnMarch7,2019,theDowboardofdirectorsdeclaredDow'sinitialquarterlycashdividendof$525 millionintheaggregate,whichwillbepaidonJune14,2019proratatoholdersofrecordofDow commonstockasofthecloseofbusinessonMay31,2019.Thedeclaration,paymentandamountof anydividendsfollowingthedistributionwillbesubjecttothesolediscretionofDow'sindependent boardofdirectorsand,inthecontextofDow'sfinancialpolicy,willdependuponmanyfactors,including Dow'sfinancialconditionandprospects,Dow'scapitalrequirementsandaccesstocapitalmarkets, covenantsassociatedwithcertainofDow'sdebtobligations,legalrequirementsandotherfactorsthat theDowboardofdirectorsmaydeemrelevant,andtherecanbenoassurancesthatDowwillcontinue topayadividendinthefuture.Therecanalsobenoassurancethat,afterthedistribution,thecombined annualdividendsonthecommonstockofDow,NewDuPontandCorteva,ifany,willbeequaltothe annualdividendsonDowDuPontcommonstockpriortothedistribution.

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WillmyelectiontohavemyDowDuPontdividendseitherpartiallyorfullyreinvestedbecarriedover formyDowshares?

Yes.IfyouparticipatedintheComputershareCIPforDowDuPontandelectedtohaveeitherpartialor fullreinvestmentofdividendsonyourDowDuPontshares,youwillautomaticallybeenrolledforeither partialorfulldividendreinvestmentofdividendsonyourDowshares(whichwillbecreditedinwhole andfractionalshares)intheComputershareCIPforDow.Torevieworchangeyourdividend reinvestmentelectionforyourDowCIPaccount,pleaseaccessyouraccountat investor.

CanIhavemyDowdividendssenttomybankaccountviadirectdeposit?

Yes.YoumayauthorizeComputersharetodirectlydepositanycashdividendspaidbyDowtoyour checkingorsavingsaccount.IfyouhavedirectdepositofdividendsforyourDowDuPontshares,you willautomaticallybeenrolledindirectdepositofdividendsforyourDowshares.Torevieworchange thiselection,pleaseaccessyouraccountatinvestor.

WillthespinoffaffecthowmanyDowDuPontsharesIown?

TheDowspinoffwillhavenoimpactonthenumberofsharesofDowDuPontcommonstockthatyou own.UnlessyousoldorotherwisedisposedofyourDowDuPontsharesonorpriortoApril1,2019,you willcontinuetoownthesamenumberofsharesofDowDuPontcommonstockimmediatelybeforeand afterthespinoff.

HowcanIcontactDow'stransferagentformoreinformationaboutmyDowaccount?

Computershareisyourprimarycontactforquestionsrelatingtoyourdividendchecks,dividenddirect deposits,changeofaddress,transferringstockandanyotherquestionsrelatedtoyourregisteredDow commonstock.

Web:

investor

Telephoneinquiries: 18003695606(WithinUSA,USterritories&Canada)

12016806578(OutsideUSA,USterritories&Canada)

Writtenrequests: ComputershareInvestorServices

POBox505000

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Louisville,KY402335000

Byovernightdelivery:

ComputershareInvestorServices

462South4thStreet,Suite1600

Louisville,KY,40202

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