Ashland Inc. Board Appoints Sergio Pedreiro, Former Chief Operating Officer, Revlon, as New Director Effective July 1, 2023. Jay V. Ihlenfeld Who Has Served as A Director Since 2017, and Brendan M. Cummins, Who Joined the Board in 2012 Have Decided Not to Stand for Re-Election At Ashlands Annual Shareholders Meeting in January 2024. Pedreiro has more than 20 years experience in international finance and business administration across a diverse array of industries.

He is an experienced board member who has served on both public and private boards. In addition to his role at Revlon, Pedreiro is the former chief financial officer, Coty.