Operational Excellence Michael Gromacki Ann Gonzalez

Dixie Chemical OVERVIEW 68+ Years Manufacturing High Performance Specialty Chemicals 50 Acre site in Bayport TX Industrial Area Employs ~200 People Products Supporting Mega-Trends through Synthetic & Renewable Materials Entrepreneurial / Family Ownership (Est. 1947) Private Equity Owner (Glencoe Capital) in 2006 New Management Team in 2009 Owner & Management Privatization in 2014

Vision & Mission Vision Mission Building our business value Creating the best performance chemical products Open innovation with key partners Mission Committed to sustainable growth Triple-bottom line, with a BALANCED SCORECARD Sound financial performance and growth EHSS ethics Social responsibility

Core values Virtues/Principled Entrepreneurship Continual Improvement Employee Engagement & Empowerment Customer Satisfaction Productivity & Eco Efficiency Open Innovation Clean Technology

Revenue by End Market Alkaline Paper Sizing Thermoset Materials High quality specialty chemical manufactured by Dixie using large volume production expertise. Products are produced under multi-year contracts. Thermoset Materials Adhesives, Coatings, Composites Industrial and specialty chemicals that Dixie manufactures utilizing proprietary technologies Sells to diversified customer base of several hundred customers Fuel and Lube Additives Specialty chemicals manufactured using Dixie’s technology or technology jointly developed by Dixie and customers, in most cases under long-term contracts. ASA/ODSA Paper Sizing Gypsum Wallboard Sizing Diesel Fuel/Lube Additives Mining DDSA Microwave Composites Lube Additives Flotation Pipe Syntactic Foam OSA Pudding Mixes Corn Snacks Anhydride Epoxy Curatives (ECA) THPA, MTHPA, HHPA, MHHPA Filament Wound Pipe Electrical Composites Wind Energy LED Electronics Specialty Anhydrides Automotive Coatings Plasticizers NMA Composite Fan Blades Syntactic Foam (ROVs) Defense & Aerospace Contract Manufacturing Commercial specialty chemicals, life science and animal health and nutrition intermediates Manufactured exclusively for select multi-national clients under long-term contracts.

MARKET BASED Management Five Dimensions of MBM® Vision: Creating long term value Virtues and Talents: Hiring, retaining, and developing people with right values & skills Knowledge Processes: Create, acquire, and share knowledge Decision Rights: Right roles, right authority, accountable Incentives: Rewards based on value created

Guiding Principles of MBM® INTEGRITY COMPLIANCE VALUE CREATION PRINCIPLED ENTREPRENEURSHIP CUSTOMER FOCUS BEST KNOWLEDGE EMBRACE CHANGE HUMILITY RESPECT FULFILMENT

Chemstewards® Dixie participates in the Enhanced Performance Tier (Tier 2) With implementation of ISRS8, Dixie will meet the requirements of Excellence Tier (Tier 3)

DIXIE Management System ISRS 8 - Developed & audited by DNV GL Focused on practical and integrated loss control systems Widely used in Energy and Chemical Sectors Benchmarks against best performers / best practices Scalable by risk and desired control (Level 1 through 10) Independent and comprehensive performance rating Ties to industrial Standards: OSHA 1910.119 – Process Safety ISO 9001:2008 – Quality ISO 14001:2004 – Environmental OHSAS 18001:2007 – Health & Safety ISO 31000:2009 – Risk Management PAS 55:2008 – Asset Management Baker Report (BP Texas City Incident)

ISRS 8 Continual Improvement PDCA Plan Do Check Act

Recently Improved Tools MBM ISRS Book of Knowledge SharePoint – Dixie Intranet/Document Management Dakota – Scout – Incident, Audit, and MOC Tracer – Action Items Profiler – Proactive Compliance ChemStewards® Portal Implementation Manual Document Repository Metrics