ADVANCED PROTECTIVE COATING SYSTEM Breakthrough Protective Top Coat and High Performance Epoxy Primer

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1 ADVANCED PROTECTIVE COATING SYSTEM Breakthrough Protective Top Coat and High Performance Epoxy Primer VSC 12 TOPCOAT VSC 11 PRIMER

2 Traditional heavy-duty protective coating systems typically utilize a 2K epoxy primer and acrylic urethane topcoat to achieve application and performance requirements that include corrosion resistance, weathering, pot life, cure time and chemical resistance. Valentus Specialty Chemicals has developed a breakthrough protective topcoat, VSC 12 Topcoat, based on Eastman s Tetrashield protective resin technology. The new 2K topcoat, when used in combination with the Valentus high performance epoxy primer, VSC 11 Primer, delivers robust application characteristics and extended performance in harsh exterior environments, resulting in a significant increase in weathering and corrosion resistance, outstanding adhesion, improved chemical resistance, and pro-longed durability. Key advantages include: Faster dry to touch and through cure at low temperatures Longer pot life with consistent viscosity Extended field coating life The VSC Protective Coating System is the next generation solution delivering a wide window of application latitude for painting contractors and maintenance crews, and a lower total cost of ownership for asset owners.

3 Advanced Protective Coating System VSC 12 Topcoat VSC 12 Topcoat is a two part (4:1) solvent based topcoat that is a hard, tough and extremely durable heavy duty industrial maintenance coating. The key is in the resin and Eastman Tetrashield protective resin systems create coatings that protect. Eastman has a long history of developing innovative polymers to solve the toughest problems and this latest innovation of Tetrashield continues the legacy. Exceptional adhesion; and over previously primed metal Excellent long term protection when applied over VSC 11 Primer Consistent film build and ease of application Cure window that gets assets back in service quicker VSC 11 Primer VSC 11 Primer is a two part (4:1) solvent based high performance epoxy primer that is extremely hard, tough and durable. It can be used in both interior and exterior applications over steel, concrete, and aluminum. VSC 11 Primer was developed in conjunction with VSC 12 Topcoat to provide a step change in corrosion resistance and long term protection of assets in high wear and harsh environments. Hard, tough and durable Exceptional corrosion resistance Exceptional adhesion Low temperature cure

4 Performance Matrix The VSC Protective Coating System is the next generation solution formulated with advanced resin technology. In testing, coatings using Tetrashield exhibit significant enhancement in weathering and mar resistance. Additionally, coatings formulated from Tetrashield improve chemical resistance, hydrolytic stability, and outdoor durability. The VSC Protective Coating System protects valuable infrastructure, proven by field performance in applications as harsh as chemical manufacturing. Productivity for paint contractors and applicators improves as the system is easy to apply and saves on labor costs. VSC Protective Coating System allows for more efficient film build, faster drying time, and ultimately a more efficient coating process, getting expensive assets back in service quicker and performing longer. Primer Comparison Coating System Comparison The panels below illustrate the performance of the VSC 11 Primer compared to a top industry competitor s primer. The panels below confirm the performance of the VSC 11 Primer and 12 Topcoat System compared to top industry competitor s products. TEST: 25 hrs. B117 Salt Spray TEST: 25 hrs. B117 Salt Spray TOP INDUSTRY PRIMER 3-5 Wet Mils Primer 5-6 Wet Mils Primer 7-9 Wet Mils Primer VSC 11 PRIMER VSC 11 Primer has robust performance even with extreme film build variations. TOP INDUSTRY COATING SYSTEM 3-5 Wet Mils Topcoat 3-5 Wet Mils Primer 5-7 Wet Mils Topcoat 3-5 Wet Mils Primer 5-7 Wet Mils Topcoat 5-7 Wet Mils Primer VSC COATING SYSTEM The VSC System has forgiving application characteristics and extended performance in harsh environments.

5 Exceptional cure & potlife enable efficient application across a wider temperature range. Expensive assets can return to service faster. Common Topcoat 1 Common Topcoat 2 Common Topcoat 3 Common Topcoat 4 VSC 12 Topcoat hr 2hrs 3hrs hrs 15 1 VSC 12 Topcoat Common Topcoat 1 Common Topcoat2 Common Topcoat 3 Common Topcoat 4 Dry to touch (ASTM D ) shows VSC 12 Topcoat with the Eastman Tetrashield protective resin system, have fast 7F dry time compared to commercial control topcoats. Pot life comparing 4 commercial topcoats to VSC 12 Topcoat with the Eastman Tetrashield protective resin system. Over a 4 hour period at 7F VSC 12 Topcoat shows very little viscosity increase compared to commercial topcoats. Dry Thru Dry to Touch 2 2 Hours Krebs Units 17 7 Cold (4F) Dry Time Dry to Touch (min) Room Temp Topcoat Potlife - Stomer Viscometer 19 VSC 12 Topcoat Common Topcoat 1 Common Topcoat2 Common Topcoat 3 Common Topcoat 4 Cold temperature cure, VSC 12 Topcoat with the Eastman Tetrashield protective resin system show very good cold temperature cure profiles. Best in class weathering and adhesion drives superior long term performance. White 6 Gloss Topcoat - Xenon ASTM 7869 Prototype Acrylic with UVA / HALS Prototype Acrylic with UVA / HALS Eastman Tetrashield protective resin system based coatings retain gloss longer and at higher levels than acrylic. 8 PSI 6 1 Tetrashield PC4 with UVA / HALS 8 Hours Hours 1 Tetrashield PC4 with UVA / HALS 8 Field Testing Stub Pull Data White 6 Gloss Topcoat with UVA / HALS QUV-A Eastman Tetrashield protective resin system and acrylic resin systems perform to similar levels. VSC Full Prime VSC Spot Prime Common Topcoat 1 Common Topcoat 2 Common Topcoat 3 VSC Coating Systems have stronger adhesion to substrate. Exceptional primer performance and low topcoat water permeation yield robust corrosion protection. TEST: 3 hrs. B117 Salt Spray TOP INDUSTRY COATING SYSTEM VSC COATING SYSTEM Water vapor transmission rate Common Acrylic Eastman Tetrashield 1 2 gm Water / (M2 X 24 hr.) Water vapor transmission rates (ASTM E-96) comparing Tetrashield PC4 to a standard protective coating acrylic polyol cross-linked with Desmodur 339 (Covestro). Test details: Temperature = 23 C R.H. of wet side = 1%, R.H. of dry side = 5%, WVTR data is from final 6 hours (i.e. equilibrium flux) micron film thickness, three samples for each resin. Primer and topcoat applied at 5-7 wet mils.

6 Application and Performance Achieving painting contractor goals and expectations for application and performance is an essential part of our business model and fundamental to the success of all projects. The VSC Protective Coating System is designed for ease of use for applicators. Easy to apply with no sags or pops Long pot life extending application time for increased consistency Fast dry time for higher productivity and Shorter layover times Quicker dry times in colder weather creating A longer painting season No thinning solvent required allows for lower costs and faster start up times High Solids paint formulations mean less paint used and fewer VOCAB/s emitted Higher pull values ensure tougher films so there is less prep needed to achieve performance resulting in increased productivity Increased durability which lengthens field life The VSC Protective Coating System is a considerable resource for the asset owner. Innovative technology and quality control features contribute to overall productivity and profitability growth of operations and management of a project. Easy to apply means less labor and shorter project duration Long pot life for less costly paint waste Fast dry time insures faster return to service Quicker dry times in colder weather allows for easier project planning No thinning solvent required means less material to manage and store High Solids paint formulations mean lower carbon footprint for site Higher pull values and improved performance protects more facility area, increasing facility lifespan Increased durability reduces capital cost meaning less infrastructure and equipment replacement

7 Valentus Specialty Chemicals is a high performance coatings company focused on superior coatings technologies that can be applied in a broad range of applications where enhanced protection is critical. Through strategic partnerships with market-leading businesses, coupled with a focused acquisition strategy, Valentus will continue to expand and grow with a wide range of technological capabilities and geographic reach.

8 Valentus Specialty Chemicals, Inc Elizabeth Street North Brunswick, NJ 892 Web: Phone: Fax: Valentus Specialty Chemicals, Inc. All rights reserved. TM VSC is a registered trademark of Valentus Specialty Chemicals, Inc. Eastman brands referenced herein are trademarks of Eastman or one of its subsidiaries or are being used under license. The symbol denotes registered trademark status in the U.S.; marks may also be registered internationally. Non-Eastman brands referenced herein are trademarks of their respective owners.