DOW INC. — Director's Dealing 2023

Feb 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOW INC. (DOW)
CIK: 0001751788
Period of Report: 2023-02-09

Reporting Person: Palmieri Jane (President, Ind Interm & Infras)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-09	Common Stock	A	5440	—	Acquired	114521	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-09	Non-Qualified Stock Option (Right to Buy)	$59.08	A	35270	Acquired	2033-02-09	Common Stock (35270.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8434	Indirect
Common Stock	263	Indirect
Common Stock	559.156	Indirect
Common Stock	117.777	Indirect

Footnotes

F1: Restricted stock units to be delivered in one installment on or about February 9, 2026, subject to continued employment.

F2: Total includes previously reported restricted stock units.

F3: This option will vest in three equal installments beginning on February 9, 2024. Option shares will be used to satisfy withholding taxes.