OLIN Corporation and Huntsman Corporation Merger Agreement

Olin Corporation and Huntsman Corporation have entered into an Agreement and Plan of Merger for a strategic business combination. The transaction will be an all-stock merger of equals. There are two potential structures for the merger: a direct merger where Huntsman merges into Olin, or a two-step subsidiary merger process. The merger agreement has been unanimously approved by the boards of directors of both Olin and Huntsman. Each share of Huntsman common stock will be converted into 0.5476 shares of Olin common stock. Olin and Huntsman have also entered into a voting and support agreement, with key Huntsman stockholders agreeing to vote in favor of the transaction. The combined company will be named "OlinHuntsman Corporation" and will be headquartered in The Woodlands, Texas. The transaction is subject to customary closing conditions, including shareholder approvals and regulatory clearances. The parties anticipate the merger will be completed within one year, with potential extensions. Termination fees may apply under certain circumstances.