EFTA01462009

29 July 2014 Chemicals / Specialty Eastman Chemical IN 'r• Eastman Annual balance Sheet 2011-201or (S in millions) 2011 2012 2013 Q1A Q2A 2014E 2015E Assets Current Assets Cash and Equivalents $777 $249 $237 $185 5175 $237 $289 Accounts Receivables 632 846 880 998 880 915 Msc receivables 72 151 208 169 208 208 Inventories 779 1,260 1,264 1,377 1,285 1,323 Other Current Assets 42 88 251 220 251 251 Total Current Assets 2,302 2,594 2,840 2,949 2,861 2,986 Net Property. Plant and Equipment 3,107 4,181 4,290 4,301 4,790 4.925 GoodWO and Intangible Assets 406 4,493 4.398 4,374 4,398 4,398 Other Noncurrent Assets 369 351 317 323 317 317 Total Assets 6,184 11,619 11,845 11,947 12.366 12.626 Liabilities & Stockholders' Equity Current Liabilities Short-Term Debt $153 $4 SO $0 $0 SO Accounts Payable 529 723 762 729 776 799 Accrued Liabilities 146 171 205 83 205 205 Accrued Income Taxes 40 76 80 65 80 80 Post•E mployement Obligations 58 62 59 56 59 59 Interest Payable 26 59 46 36 46 46 Other Current Liabilities 162 269 318 290 318 318 Total Current Liabilities 1,114 1,364 1,470 1,259 1,484 1,507 Long-Term Debt 1,445 4,779 4,254 4,635 4,773 4,503 4,503 Deferred Income Taxes 210 91 496 546 681 866 Post-Employment Obligations 1,411 1,856 1,297 1,301 1,037 777 Other Long-Term Liabilities 134 501 453 398 453 453 Total Liabilities 4,314 8,591 7,970 8,139 8,158 8,105 Shareholders' Equity Common Stock 2 2 2 2 2 2 Additional Paid-in Capital 900 1,709 1,778 1,795 1,778 1,778 Retained Earnings 3,436 3,038 4,012 4,191 4,846 5,758 Accumulated other comprehensive loss (538) 123 171 168 171 171 Treasury Stock 11.930) (1,9291 (2.167) (2,427) (2,667) (3.2671 Noncontrolling interest 85 79 79 79 79 Total Shareholders' Equity 1,870 3,028 3,875 3.808 4,209 4,521 Total Liabilities & Stockholders' Equity $6,184 $11,619 $11,845 $11,947 $1 2,366 612,626 Son Doarate Bank ntenita bast Deutsche Bank Securities Inc. Page 13 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 124342 SDNY_GM_00270526 EFTA01462009