Invest in driving organic growth Innovate in everything we do Commercialize our assets through strategic partnerships Asset Allocation including sale of non- strategic assets, dividend and share repurchase Margin expansion through increased mix of value- added products 1 enhancing shareholder value L O N G - T E R M D R I V E R S F O R
` S T E P S T O U N L O C K I N G V A L U E Streamline operations and sell non-strategic assets Identified non-strategic assets primarily in South America Enhance innovations and diversify revenue and operating income Strong pipeline of new product innovation and value-added partnerships Improve consistency of earnings Increase value-added product revenue mix Increase EBITDA Improve Return on Invested Capital Enhance shareholder value through efficient capital allocation Utilize strong operating cash flow Invest in organic growth, automation and innovation 2