X0306 4 2020-11-09 0001751788 DOW INC. DOW 0001514396 Ungerleider Howard I 2211 H.H. DOW WAY MIDLAND MI 48674 1 President and CFO Common Stock 2020-11-09 4 M 0 11363.0000 38.8700 A 105270.0000 D Common Stock 2020-11-09 4 D 0 9684.0000 52.8050 D 95586.0000 D Common Stock 2020-11-10 4 M 0 7000.0000 38.8700 A 102586.0000 D Common Stock 2020-11-10 4 G 0 2719.0000 0.0000 D 99867.0000 D Common Stock 2020-11-10 4 D 0 5960.0000 52.9060 D 93907.0000 D Common Stock 2020-11-10 4 G 0 2719.0000 0.0000 A 84223.0000 I By Trust Common Stock 257.0420 I By 401(k) Plan Common Stock 926.5410 I By 401(k) Plan ESOP Non-Qualified Stock Option (Right to Buy) 38.8700 2020-11-09 4 M 0 11363.0000 0.0000 D 2021-02-11 Common Stock 11363.0000 7000.0000 D Non-Qualified Stock Option (Right to Buy) 38.8700 2020-11-10 4 M 0 7000.0000 0.0000 D 2021-02-11 Common Stock 7000.0000 0.0000 D Shares used to satisfy the exercise price and tax withholding of the Reporting Person upon exercise of options as required by the award agreement and exempt under Rule 16b-3. The net shares were not sold. The price in respect of November 10, 2020 is a weighted average sale price for the transaction initiated on November 9, 2020 and executed over November 9 and 10, 2020. The shares sold on November 9, 2020 were all sold at $52.805 and the shares sold on November 10, 2020 were sold in multiple transactions at prices ranging from $52.87 to $52.91. Reporting Person agrees to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. This option is fully vested and exercisable. /s/ Howard I Ungerleider 2020-11-12