Quaker Chemical Corporation increased the size of the Board from eight to eleven and elected elected Sanjay Hinduja, Ramaswami Seshasayee and Michael J. Shannon as additional directors. Mr. Seshasayee serves as a Class I director, Mr. Shannon serves as a Class II director and Mr. Hinduja serves as a Class III director. Sanjay Hinduja is the Chairman of Gulf Oil International Limited, a company providing lubricants and fuel products and services worldwide, and has served in this capacity for more than 20 years. Mr. Hinduja was the Non-Executive Chairman of Gulf Oil Corporation Limited from August 2005 until September 2014. Mr. Hinduja will serve as a member of the Company’s Governance Committee. He currently serves as a member of the board of directors of Gulf Oil International Middle East Limited, Gulf Oil Middle East Limited, Gulf Oil Philippines Inc., Sangam Limited and Gulf Oil Marine Limited, and also serves as the Chairman of Gulf Oil Lubricants India Limited. Prior to the Closing, he also served as a member of the board of directors of Houghton International, GH Holdings Inc. and Global Houghton. Ramaswami Seshasayee was the Managing Director and Chief Executive Officer at Ashok Leyland Limited, India from April 1998 to March 2011; its Executive Vice Chairman from April 2011 until March 2013; and its Non-Executive Vice Chairman from April 2013 until July 2016. Mr. Seshasayee will serve as a member of the Company’s Compensation/Management Development Committee. Mr. Seshasayee currently serves as a member of the board of directors of Asian Paints Ltd. and serves as Chairman of IndusInd Bank Ltd. Prior to the Closing, he also served as a member of the board of directors of Houghton International. Michael J. Shannon was the Chief Executive Officer of Houghton International from December 2015 to August 1, 2019. Previously, he was Houghton International’s Chief Operating Officer from April 2014 until November 2015. Mr. Shannon joined Houghton International in 2009 as Senior Vice President Global Operations, Supply Chain, Information Technologies and Environmental, Health and Safety before assuming additional commercial responsibilities for the Asia Pacific region in 2013. Prior to joining Houghton International, Mr. Shannon spent 24 years at Ashland Inc. in various senior-level positions, including Corporate Officer and President of Global Supply Chain, Senior Vice President of Ashland Specialty Chemical’s Global Performance Materials Division and Vice President/General Manager of Ashland’s Petrochemicals Division. Mr. Shannon will serve as a member of the Company’s Audit Committee. Prior to the Closing, he also served as a member of the board of directors of Houghton International. He currently serves as a member of the board of directors of Hexion Inc.