EASTMAN CHEMICAL CO

Page Corporate Overview 6 Business Strategy 7 Financial Strategy 9 Business Segments 9 Advanced Materials Segment 9 Additives & Functional Products Segment 11 Chemical Intermediates Segment 12 Fibers Segment 13 Eastman Chemical Company General Information 15 5 Tab le of Contents CORPORATE OVERVIEW Eastman Chemical Company ("Eastman" or the "Company") is a global specialty materials company that produces a broad range of products found in items people use every day. Eastman began business in 1920 for the purpose of producing chemicals for Eastman Kodak Company's photographic business and became a public company, incorporated in Delaware, on December 31, 1993. Eastman has 36 manufacturing facilities and has equity interests in four manufacturing joint ventures in 12 countries that supply products to customers throughout the world. See "Properties" in Part I, Item 2 of this Annual Report on Form 10-K (this "Annual Report"). The Company's headquarters and largest manufacturing facility are located in Kingsport, Tennessee. With a robust portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions with a commitment to safety and sustainability. Eastman's businesses are managed and reported in four operating segments: Advanced Materials ("AM"), Additives & Functional Products ("AFP"), Chemical Intermediates ("CI"), and Fibers. See "Business Segments". In the first years as a stand-alone company, Eastman was diversified between commodity and more specialty chemical businesses.