ASHLAND INC.

Ashland Inc. announced the schedule for its third-quarter fiscal 2026 earnings release and webcast. The earnings will be released on Tuesday, July 28, 2026, around 5 p.m. ET. A live webcast with securities analysts, featuring CEO Guillermo Novo and CFO William Whitaker, is scheduled for Wednesday, July 29, at 9 a.m. ET. Supporting materials will be available on the company's investor relations website.

Ashland Inc. issued a statement in response to an investor presentation by Ancora Alternatives LLC, emphasizing its commitment to driving sustainable value creation for all shareholders. The company stated its intention to engage with Ancora constructively, despite Ancora not engaging prior to its presentation. Ashland reiterated its focus on growth strategies, operational performance, and cash generation, affirming that its Board regularly evaluates strategy and value creation opportunities.

Ashland Inc. has secured a new $500 million five-year revolving credit facility through a Second Amended and Restated Credit Agreement. This facility, which includes a $125 million letter of credit sublimit, replaces a previous agreement from 2022. The proceeds will be utilized for ongoing working capital and other general corporate purposes, with interest rates and fees varying based on the company's Consolidated Net Leverage Ratio.

Ashland Inc. announced the appointment of Bertrand Loy as an independent director to its Board, effective May 15, 2026. This appointment increases the Board's size from eight to nine members. Mr. Loy, who is currently the executive chair of Entegris Inc., will also serve on the Audit Committee and the Governance and Nominating Committee. He is expected to bring valuable experience in operational excellence and scalable growth to the Board.

Ashland Inc. announced the appointment of Bertrand Loy to its board of directors, effective May 15, 2026. Loy, who is currently the executive chair of Entegris Inc. and previously served as its president and CEO, will join the board's audit and governance and nominating committees. His appointment increases the size of Ashland's board to nine members, bringing his expertise in operational excellence and scalable growth to the company.

Ashland Inc.'s board of directors has declared a quarterly cash dividend of $0.42 per share on the company's common stock. This dividend represents a 1.2 percent increase from the previous quarter. The payment is scheduled for June 15, 2026, to stockholders of record at the close of business on June 1, 2026. As of April 30, 2026, Ashland had 45,788,007 shares of common stock outstanding.

Ashland Inc. reported preliminary second-quarter fiscal 2026 results with sales up 1% to $482 million, but Adjusted EBITDA decreased 9% to $98 million due to operational challenges at Calvert City and Hopewell, and weather disruptions. Net income fell to $16 million. The company updated its full-year fiscal 2026 sales guidance to $1,835-$1,870 million and Adjusted EBITDA guidance to $385-$400 million, primarily reflecting slower productivity at Hopewell.

Ashland Inc. reported Q2 fiscal 2026 sales of $482 million, a 1% increase year-over-year, but net income fell to $16 million ($0.34 per diluted share) and Adjusted EBITDA decreased 9% to $98 million. Results were impacted by operational challenges at Calvert City and Hopewell, along with weather disruptions. The company updated its full-year fiscal 2026 sales guidance to $1,835-$1,870 million and Adjusted EBITDA guidance to $385-$400 million, citing slower productivity at Hopewell. Despite headwinds, Ashland generated strong cash flow and saw growth in Personal Care and resilient demand in Life Sciences.

Ashland Inc. announced its plan to release second-quarter fiscal 2026 earnings on Tuesday, April 28, 2026, at approximately 5 p.m. ET. A live webcast with securities analysts, including an executive summary and detailed remarks, will follow on Wednesday, April 29, at 9 a.m. ET. Key participants will include CEO Guillermo Novo and CFO William Whitaker.