.. E.

Kepler Page 1 of 1
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Corporate Governance
David E. Kepler
David E. Kepler
Senior Vice President, Chief
Sustainability Officer, Chief
Information Officer,
Corporate Director of Shared
Services

D. E. (Dave) Kepler is senior vice president, chief sustainability officer (CSO) and chief information officer
(CIO) of The Dow Chemical Company. He is also corporate director of Shared Services. In this capacity,
Kepler has global responsibility for all Shared Services functions including Customer Service, Information
Systems, Purchasing, Six Sigma, Supply Chain, WorK Process Improvement and Environment, Health and
Safety (EH&S).

As CSO, Kepler is charged with leading the company's push toward achieving its 2015 Sustainability goals
and responsible for guiding sustainable business development. In addition, Kepler chairs the Corporate
Environmental Advisory Council (CEAC), an organization formed to prOVide an outside-in perspective
related to sustainability issues at Dow. The council is comprised of leaders in government, academia and
business. He is also a member of Dow's Management Committee and chairs its Sustainability Committee.

Kepler is a member of the Board of Directors of Teradata Corporation. He also, serves on the Board of
Directors of the U.S. Chamber of Commerce, and is the Great Lakes Regional Vice Chairman. In addition,
he is on the Executive Board of the Chemical IT Council and leads its Cyber Security Program. He is a
member of the American Chemical Society and the American Institute of Chemical Engineers. At Dow's
headquarters in Midland, Michigan, he continues to be active in the United Way of Midland County and
currently chairs the Alexis de Toqueville Society.

Kepler received a bachelor's degree in chemical engineering from the University of California at Berkeley.

Rev. 11/30/2007
pIer Appointed Dow Senior Vice President Page 1 o.
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News Center
Kepler Appointed Dow Senior Vice President

Midland, MI- February 27,2006

Andrew N. Liveris, Dow's president, chief executive officer and chairman-elect, announced today that David
E. Kepler has been appointed senior vice president of the Company. His existing roles as head of Shared
Services and chief information officer will be expanded to include the Company's Environment, Health and
Safety (EH&S) activities, responsibilities that were previously held by Larry Washington. Washington retires
from Dow at the end of March.

As part of his expanded role, Kepler will have specific responsibility for driving the Company's sustainability
and corporate security agendas. He will co-chair the Company's EH&S Management Board with Gary
Veurink, Dow's corporate vice presiderit of Manufacturing and Engineering, and will also chair the
Corporate Environmental Advisory Council.

Commenting on the appointment, Liveris said: "Dave is a hugely experienced individual, who combines a
tremendous vision with outstanding leadership skills. As we look to change the game of EH&S performance
with our 2015 sustainability goals - and to intensify our focus on corporate security across its many diverse
facets - Dave's strategic insight, his personal experience and professional expertise make him ideally suited
to this role."

Kepler, who joined Dow in 1975, will retain his global responsibility for Shared Services - which includes
Customer Service, Purchasing, Six Sigma and Supply Chain - and will continue to serve as the Company's
chief information officer a role he assumed in 1998.

Kepler received a bachelor's degree in chemical engineering from the University of California at Berkeley.
He serves on the Board of Directors of the U.S. Chamber of Commerce and is a member of the American
Chemical Society and the American Institute of Chemical Engineers, In addition, he chairs the Chemical IT
Council and Cyber Security Program.

Dow is a diversified chemical company that hamesses the power of science and technology to improve
living daily. The Company offers a broad range of innovative products and services to customers in more
than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to
paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow
ha~ annual sales of $46 billion and employs 42,000 people worldwide. References to ·"Dow" or the
"Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise
expressly noted.

For Editoriallnfonnation:
Chris Huntley
The Dow Chemical Company
+1 989-636-2876

tp://news.dow.com/corporate/2006/20060227a.htm 1/9/2008
~ ,arporate UIIIcerS Page 1 of

Corporate Governance
Corporate Officers
Andrew N. Liveris Charles J. Kalil
President, Chief Executive Officer & Senior Vice President, General Counsel and
Chairman; Member of the Board of Directors Corporate Secretary

Geoffery E. Merszei David E. Kepler

Executive Vice President and Chief Financial Senior Vice President, Chief Sustainability
Officer; Member of the Board of Directors .officer, Chief Information Officer, Corporate
Director of Shared Services

William F. Bariholzer Fernando Ruiz

Corporate Vice President and Chief Corporate Vice President and Treasurer
Technology Officer

William L. Curry Bill Weideman

Chief Tax Officer and Assistant Secretary Vice President and Controller

Julie Fasone Holder Douglas J. Anderson

Corporate Vice President, Marketing & Corporate Auditor
Sales, Human Resources and Public Affairs

Michael R. Gambrell W. Michael McGuire

Executive Vice President, Assistant Secretary
Basic Plastics and Chemicals,
Manufacturing & Engineering

Heinz Haller Thomas E. Moran

Executive Vice President, Performance Assistant Secretary
Plastics and Chemicals

http://www.dow.com/corpgov/leader/officers.htm 1/9/2008
~cutive Leadership Committee rage 1 or 1

Corporate Governance
Executive Leadership Committee

The Executive Leadership Committee manages the corporation as a whole and is responsible for defining
and implementing a strategy to maximize long-term shareholder value. It sets the Company's strategic
direction, defines priorities, establishes corporate-wide policy and manages governance and enterprise-
level decisions for TDCC.

Andrew N. Liveris Michael R. Gambrell

President, Chief Executive Officer & Executive Vice President,
Chairman; Member of the Board of Directors Basic Plastics and Chemicals,
Manufacturing & Engineering

. Geoffery E. Merszei Heinz Haller

Executive Vice President and Chief Financial Executive Vice President, Performance
Officer; Member of the Board of Directors Plastics and Chemicals

)://www.dow.com/corpgov/leader/executive.htm 1/9/2008
Management Committee Page 1 of .
.,

Corporate Governance
Management Committee

The Management Committee provides a venue to inform the top executives of TDCC of important. topical,
and/or strategic issues. While the BOC and the Corporate Teams lead the day-to-day management of the
company; the Management Committee ensures that Dow's Business, Functional, and Geographical leaders
are synchronized and aligned.

Andrew N. Liveris Heinz Haller

President, Chief. Executive Officer & Executive Vice President, Performance
Chairman; Member of the Board of Directors Plastics and Chemicals

William F. Banholzer Patrick Ho

Corporate Vice President and Chief Business Group President, Epoxy &
Technology Officer Specialty Chemicals

George J. Biltz Charles J. Kalil

Business Group President, Specialty Senior Vice President, General Counsel and
Plastics & Elastomers Corporate Secretary

Peter H. Davies David E. Kepler

Business Group President, Designed Senior Vice President, Chief Sustainability
Polymers and Latex Officer, Chief Information Officer, Corporate
Director of Shared Services

Pat D. Dawson Juan R. Luciano

Business Group President, Polyurethanes Business Group President,
Hydrocarbons and Energy

John Dearborn James D. Mcllvenny

President for India, Middle East and Africa President. Asia Pacific & Greater China

Carol Dudley Geoffery E. Merszei

Corporate Vice President, Market Facing Executive Vice President and Chief Financial
Businesses, Licensing and New Business Officer; Member of the Board of Directors
Development

Julie Fasone Holder Earl Shipp

Corporate Vice President. Marketing & Business Group President, Basics
Sales, Human Resources and Public Affairs Chemicals

Jim R. Fitterling Pedro E. Suarez

Business Group President, Basic Plastics President of Dow in Latin America,
Commercial Vice President for Latin America
Performance Chemicals

Gregory M; Freiwald Jerome A. Peribere

Vice President. Corporate Affairs, Aviation President and Chief Executive Officer, Dow
and Executive Compensation AgroSciences

Michael R. Gambrell Markus Wildi

Executive Vice President, President of Dow Europe GmbH
Basic Plastics and Chemicals,
Manufacturing & Engineering

1 !Of")(\(\Q
SUMMARY COMPENSATION TABLE [!QQ]

Andrew Liveril?
2006 1,433,333 7.811,118 5,117.892 2,207,250 119,916 (e) 132,033 16,821,542
CEO & Chairman
Geoffery Merszei,
2006 746,902 533,334 (f) 2,316,950 2,283;034 739,000 450,804 152,467 7,222,491
CFO& Exec. VP
Michael Gambrell,
2006 648,220 2,308,827 1,669,497 648,000 102,912 (g) 129,569 5,507,025
Exec. VP
Romeo Kreinberg,
2006 700.520 3,211,234 1,829,116 697,000 801,029 509,551 7,748,450
Exec. VP
David Kepler II, Sr.
2006 511,128 2,144,940 1,134,127 427,000 50,716 (h) 21,484 4,289,395
VP
Luciano Respini,
622,585· 2,358,301 1,011,171 313,244 747,237 Q) 1,163.597 6,216,135 ,
Retired Corp VP (i) 2006