X0508 4 2023-11-14 0001674862 ASHLAND INC. ASH 0001434813 NOVO GUILLERMO 8145 BLAZER DRIVE WILMINGTON DE 19808 1 1 Chair of the Board and CEO 0 Restricted Stock Units 2023-11-14 4 A 0 26263 0 A Common Stock 26263 26263 D Restricted Stock Units 2023-11-14 4 A 0 5252 0 A Common Stock 5252 5252 D Each Restricted Stock Unit represents a right to receive one (1) Restricted Stock Unit of Ashland Common Stock. Grant of Restricted Stock Units, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units 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. Grant of Restricted Stock Units on November 14, 2023, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units in this grant will fully vest on December 31, 2026, provided that the Reporting Person remains in continuous employment with the Issuer. /s/ Serena S. Kenost, Attorney-in-Fact 2023-11-16