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Settlement Agreement Press Release

At the same time, the company has entered into separate agreements with the Attorneys General of New Mexico, Washington and the District of Columbia to resolve similar PCB applications. For these agreements, separate from the class, Bayer will make payments, which together amount to approximately $170 million. In addition to the original monetary conditions of 2012, Mastercard`s share of the financial agreement amounts to an additional $108 million, based on the sharing of financial responsibility established in the judgment and conciliation agreements concluded in February 2011. In total, the defendants agreed on an additional payment of $900 million in the current agreement. Dow (NYSE: DOW) brings together the power of science and technology to passionately renew what is essential to human progress. The company is driving innovation that derives value from materials, polymer, chemical science and biological science to address many of the world`s most challenging issues, such as the need for clean water, the production and preservation of clean energy, and increased agricultural productivity. Dow`s integrated, market-oriented portfolio, which is a leader in specialty chemicals, special materials, agriculture and plastics, provides customers in approximately 180 countries and in high-growth sectors such as packaging, electronics, water, coatings and agriculture with a wide range of technology-based products and solutions. In 2015, Dow had annual sales of nearly $49 billion and employed approximately 49,500 people worldwide. The company`s more than 6,000 product families are produced at 179 locations in 35 countries around the world. References to “Dow” or “Company” mean Dow Chemical Company and its consolidated subsidiaries, unless expressly stated otherwise. For more information about Dow, visit www.dow.com. Any future cases are governed by a class agreement that requires judicial authorization.

The agreement provides for the creation of a class of potential future complainants and the creation of an independent class science committee. The Class Science Panel will decide whether Roundup™ can cause non-Hodgkin lymphoma (NHL) and, if so, with what minimum levels of exposure. Documents taken into account by the Class Science Panel, which Bayer is authorized to disclose or are publicly available, are published on a public website. Both the class and the company will be bound by the Class Science Panel`s determination on this issue of general causality to remove this decision from the jury configuration and put it back in the hands of experts.