X0306 4 2022-11-13 0001674862 ASHLAND INC. ASH 0001434813 NOVO GUILLERMO 8145 BLAZER DRIVE WILMINGTON DE 19808 1 1 Chair of the Board and CEO Common Stock 2022-11-13 4 M 0 33882 108.93 A 68308 D Common Stock 2022-11-13 4 F 0 15569 108.93 D 52739 D Common Stock 2022-11-13 4 M 0 35210 108.93 A 87949 D Common Stock 2022-11-13 4 F 0 16179 108.93 D 71770 D Common Stock 2022-11-13 4 M 0 4736 108.93 A 76506 D Common Stock 2022-11-13 4 F 0 2177 108.93 D 74329 D Restricted Stock Units 2022-11-13 4 M 0 33882 0 D Common Stock 33882 0 D Restricted Stock Units 2022-11-13 4 M 0 35210 0 D Common Stock 35210 0 D Restricted Stock Units 2022-11-13 4 M 0 4736 0 D Common Stock 4736 0 D Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. Payment of tax liability by withholding securities incident to the vesting of Performance Stock Units, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock. Grant of Restricted Stock Units on November 13, 2019, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant will vest in three equal annual installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the Issuer. Reporting Person's 2020-2022 Performance Stock Units converted to time-based stock settled RSUs based on performance of the 2020-2022 LTIP Plan and vests three years from the original grant. /s/ Babatunde Awodiran, Attorney-in-Fact 2022-11-15