Barentz Announces a New Distribution Agreement for Ashland Vialose™ trehalose dihydrate parenteral excipient in the United States.

AVON, OH, January 1^st, 2024. Barentz, a leading global life science and specialty performance ingredients distributor, has signed a distribution agreement with Ashland Inc., a global additives and specialty ingredients company, that covers its Vialose™ trehalose dihydrate parenteral excipient in the United States, effective January 1, 2024.

Ashland, in conjunction with Barentz' know how, exceptional customer service, regulatory support and technical sales team will provide differentiated value-added solutions.

"We are thrilled to offer Ashland Vialose™ trehalose dihydrate, a high purity lyoprotectant and stabilizer for biologics and parenterals in the US market. This collaboration strengthens our biopharma portfolio and enables our pharma/ biopharma customers access to premium functional ingredients" said Divya Tewari, President of the pharmaceutical division at Barentz.

"Ashland has worked successfully with Barentz in a number of European countries and South Africa. Therefore, we are pleased to extend an additional distribution arrangement with Barentz in the United States," said Bill Wagner, General Manager North America, Life Sciences, Ashland. "The Barentz sales team offers our customers outstanding support, and their team of technical specialists is a valuable resource in creating innovative product solutions."

ABOUT BARENTZ

Barentz is a leading global life science and specialty performance ingredients distributor. The company sources branded specialty ingredients from leading manufacturers worldwide and its ingredient experts provide value-added technical support which includes pre-mixing, blending, ingredient formulation and ingredient testing from its state-of-the-art, customized formulation centers and application laboratories in EMEA, Americas and Asia-Pacific.

Established in 1953, Barentz has operations in more than 70 countries with a strong presence in Europe and North America, and a rapidly growing network in Latin America and Asia-Pacific. With a turnover of circa €2.5 billion, the company employs around 2,600 people worldwide and serves over 25,000 customers. For more information, visit: www.barentz.com.

ABOUT ASHLAND

Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for environment, social and governance (ESG). The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. Approximately 3,900 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – thrive on developing practical, innovative, and elegant solutions to complex problems for customers in more than 100 countries. Visit: ashland.com and ashland.com/ESG to learn more.

For more information please contact:

Jami Knoth

Marketing Manager, North America

jami.knoth@barentz.com

+1 440 937 1000