1. © The Lubrizol Corporation 2012, all rights reserved Welcome!

2. © 2012 The Lubrizol Corporation 2 James L. Hambrick Chairman, President and Chief Executive Officer

3. © 2012 The Lubrizol Corporation 3 Andy Panega Corporate Vice President Chief Human Resources Officer

4. © 2012 The Lubrizol Corporation 4

5. © The Lubrizol Corporation 2012, all rights reserved 5 A Balanced International Presence Growth. Innovation. People. North America Europe Asia-Pacific/ME Latin America Revenue and employee information - 2011 We sell in more than 100 countries  with more than half of our sales outside of North America 7,100 Employees Consolidated RevenuesWorldwide Employees $6.1 Billion

6. © The Lubrizol Corporation 2012, all rights reserved 6 Historical Summary of Revenue Growth Growth. Innovation. People. Revenues in Billions Revenue growth from 2001 to 2011 due to organic growth and acquisitions

7. © The Lubrizol Corporation 2012, all rights reserved 7 An Innovative Specialty Chemical Company Our Markets. All marks property of The Lubrizol Corporation. BrandsApplications Lubrizol ® Lubricants, Fuels Anglamol ® Gear oils AMPS ® Acrylic fibers, water treatment, coatings and adhesives Carbopol ® Hair and skin care and cleansing systems, hair styling, toothpaste, oral and topical pharmaceuticals, household cleansing and care products TempRite ® Piping systems for plumbing, fire sprinkler and industrial applications Estane ® Recreational goods, hoses and tubes, medical applications Solsperse ® Printing, auto finishes Lanco ® Furniture/appliance coatings

8. © The Lubrizol Corporation 2012, all rights reserved 8 A Technology-Driven Company… Research and Development Global R&D Capabilities include: 570 Professionals 355 Technicians 160+ PhDs Intellectual Property: 1,600 Active Patents

9. © The Lubrizol Corporation 2012, all rights reserved 9 Lubrizol’s Geographic Footprint Growth. Innovation. People.

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11. © The Lubrizol Corporation 2012, all rights reserved 11 Berkshire Hathaway Companies (partial listing)

12. © The Lubrizol Corporation 2012, all rights reserved 12 “My philosophy has always been that HR professionals should fully understand their business, of which they serve. Without that understanding, we are nothing other than the arm of compliance.” Judi McMullen - Vice President Human Resources - Cuyahoga Community College

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14. © The Lubrizol Corporation 2012, all rights reserved 14 Strategies for Growth Growth. Innovation. People. IMPROVE OPERATING PROFITABILITY Pricing Mix Management Capacity Management SAP Implementation Success in the specialty chemical marketplace depends on two things: performance chemistry and a performance team. We have both. STRENGTHEN THE PORTFOLIO Bolt-on Acquisitions Acquisition Integration DRIVE ORGANIC GROWTH Geographic Expansion Product Innovation

15. © The Lubrizol Corporation 2012, all rights reserved 15 Human Resources Accountability in Acquisitions Benefit Comparisons and Costing Compensation Assessment ST & LT Incentive Structures Pension Structure and Funding Executive Compensation Arrangements Executive Perks/Commitments/Contracts Organizational Structure/Integration

16. © The Lubrizol Corporation 2012, all rights reserved 16 How do we successfully transfer knowledge?

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18. © The Lubrizol Corporation 2012, all rights reserved 18 Patient Protection and Affordable Care Act

19. © The Lubrizol Corporation 2012, all rights reserved 19 Lubrizol HR Structure BU President 1 HR Director BU President 1 HR Director BU President 2 HR Director BU President 2 HR Director Operations HR Director Operations HR Director Corporate HR Director Corporate HR Director Compensation Diversity Talent Development Benefits Talent Acquisition

20. © 2012 The Lubrizol Corporation 20 Lubrizol – A Great Place to Work

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33. © The Lubrizol Corporation 2012, all rights reserved Thank You

34. © 2012 The Lubrizol Corporation 34 Questions & Answers! James Hambrick Andy Panega