High Performance Specialty Isocyanate TAKENATETM

1 Coatings & Engineering Materials 11, 2018 CONFIDENTIAL-1-TAKENATETMTAKENATETMT echnical BulletinHigh Performance Specialty IsocyanateTAKENATETM500 Xylylene Diisocyanate: XDI)TAKENATETM600 Hydrogenated XDI H6 XDI)TAKENATETMD-110N(XDI-TMP adduct)TAKENATETMD-131N(XDI-Trimer)TAKEN ATETMD-120N(H6 XDI-TMP adduct)ver. & Engineering Materials 11, 2018 CONFIDENTIAL-2-IsocyanatesHDIIPDI H12 MDIXDI 1,3-H6 XDITAKENATETMD iisocyanate700--500600 TMP adductD-160N D-140N-D-110ND-120 NTrimerD-170N--D-131N-BiuretD-165N----Co ating& InkAdhesiveSealantElastomerRemarksXDI Trimer (D-131N)and 1,3-H6 XDI TMP Adduct (D-120N)

2 Are Mitsui OriginalSpecialty Isocyanates of Mitsui and Their applications3 NCONCONCONCOOCNNCOOCNNCONCOCH3 NCOH3CH3 CApplication** Very Suitable, SuitableCoatings & Engineering Materials 11, 2018 CONFIDENTIAL-3-Comparison of Yellowing and ReactivityNCOCH3 NCOH3CH3 CNCONCONCONCOOCNNCOCH3 NCONCOIPDIH6 XDITDIXDIY ellowing Resistance GoodC H2O C NN C OH12 MDIHDIOCNNCONCOCH3H3CH3 CCH3 NCOTMXDIR eactivity FastTDIMDIOut door durabilityCoatings & Engineering Materials 11, 2018 CONFIDENTIAL-4- TAKENATETM500 TAKENATETM D-110N Mitsui Original Specialty isocyanates TAKENATETM 600 XDI monomerH6 XDI monomerXDI-TMP adduct Solvent borne TAKENATETM D-120N H6 XDI-TMP adduct Solvent borne TSCA listedREACH Pre-registered products(Applying for registration)TSCA listedREACH registeredNCONCONCONCOTSCA listedREACH Pre-registered products (Applying for registration)TSCA listedREACH Pre-registered products(Applying for registration)

3 NCONHCOOCOCONHNCOOCONHNCO TAKENATETM D-131N TSCA / REACHP lanning to apply for registration XDI-Trimer Solvent borne Coatings & Engineering Materials 11, 2018 CONFIDENTIAL-5-Mitsui Original Specialty isocyanatesModification,Separation & RefiningContained 25% Ethyl AcetateREACH RegisteredTSCA listedREACH Pre-registered productsTSCA listedSPECIFICATIONSA ppearance: Pale yellow, clear liquidColor number, Gardner: 1 content, %: at 25 C, mPa s: 500 400 NCO content, %: XDI monomer, % Max.(Average ) TAKENATETM500 XDI monomer TAKENATETM D-110N XDI-TMP adduct Solvent borne Coatings & Engineering Materials 11, 2018 CONFIDENTIAL-6-Regulation for Food packaging of D-110N(NB) EU.

4 Commission Regulation No 10/2011 on Plastic Materials and Articles Intended to Come into Contact with Food, as amended by Regulation 1183/2012/EU, OJ (L338) 11, 12 December 2012 FDA ; Laminate structures for use at temperatures of 250 F(120 C) and above (c)(2)(iv)(b), (c)(2)(vi)(b), and (c)(2)(vii)(b) Laminate structures for use at temperatures between 120 F(48 C) and 250 F(120 C) Coatings & Engineering Materials 11, 2018 CONFIDENTIAL-7-Composition /.Information on ingredients of TAKENATEs ComponentCAS EC (NB)CompositionUrethane ResinProprietary/ -74%74%Ethyl Acetate141-78-6/ 205-500-425%25%1,3 Bis(isocyanatmethyl)Benzene (XDI )3634-83-1/ ,6-Di-tert-butyl-p-cresol (BHT)128-37-0/ ( )TAKENATETMD-110N : For General Industrial GradeTAKENATETM D-110N(NB).

5 For Food packaging GradeCoatings & Engineering Materials 11, 2018 CONFIDENTIAL-8-Summary of Characteristics and ApplicationTAKENATETMC haracteristicsApplication (example)500- Better yellowing resist (Than TDI, MDI)- Much faster reactivity Than HDI, IPDI)- High reflective indexRaw materials for synthesis of the resins for various CASE raw materials-For PUD and UV synthesis-For Synthetic leather synthesis-For outdoor sealant600- Excellent yellowing resistance (Same as HDI)- Hardness Than HDI)- Reactivity (Than IPDI)D-110N S/B - High adhesive strength- High Stain resistance- High reactivity- Low yellowing property2K Curatives for Coatings, INKS applications- Information & Electronics appliances- Automotive interior- Curatives for inksD-131N S/B - Quick Dry (Than D-110N)- Good Heat resistance (Than D-110N)- Less Yellowing (Than D-110N)- Longer pot life (Than D-110N)D-120N S/B)- Excellent weatehrability- Higher heat resistance, hardness than HDI trimer)

6 - Back sheet film for solar cell- Automotive exterior- Out door sealant (9 MonomersDerivativesCH2 NCOCH2 NCOCH2 NCOCH2 NCOC oatings & Engineering Materials 11, 2018 CONFIDENTIAL-9-Competitive Performance of Xylylene diisocyanateBenefits from TAKENATETM500 1 XDI aliphatic Isocyanate and TAKENATETMD-110N XDI aliphatic Isocyanate adduct polyisocyanates TAKENATE TMD-131N XDI aliphatic Isocyanate trimer polyisocyanates Manufacturing Advantages Higher Production efficiency Than HDI, IPDI) Performance Advantages Better yellowing resistance Than TDI, MDI)

7 Superior adhesion to a wide variety substrates Heat Resistance High reflective index Higher gas barrier Improved Industrial Hygiene In USA, FDA sanction for use in food packaging adhesives under Non-Food Contact (T-500, D-110N)1 As used herein, all references to XDI are understood to be TAKENATETM500 TAKENATETM500 TAKENATETMD-110N TAKENATETMD-131N Coatings & Engineering Materials 11, 2018 CONFIDENTIAL-10-Main Application I~III High Performance coatings for Electric / Information appliancesbodyOther applications UV resin synthesis PUD synthesis Resin modification Non yellowing sealant Optical use Lense) Applications of XDI (XDI and D-110N, D-131N) Silk screen inks (especially for plastics/fabrics) gravure inks (Surface printing )

8 (for Package films/Laminated sheets) Automotive interior parts Non yellowing Wood coatingsCH2 NCOCH2 NCO ITOITO ((PET)PET) for Optical Clear AdhesivesCoatings & Engineering Materials 11, 2018 CONFIDENTIAL-11-Competitive Performance of hydrogenated XDI H6 XDI)Benefits from TAKENATETM600 1 H6 XDI aliphatic Isocyanate Manufacturing Advantages Compatibility with various polyols Higher Production efficiency (than IPDI) Performance Advantages Excellent yellowing resistance Hardness, Heat resistance, Toughness (than HDI)CH2 NCOCH2 NCO Out door sealantOther applications Opticaluse (Lenses)

9 Urethane elastomersCoatings Automotive refinish TakenateTM600 1 As used herein, all references to H6 XDI are understood to be TAKENATETM600 UV resin synthesis PUD synthesis Resin modification TAKENATETM D-120N Coatings & Engineering Materials 11, 2018 CONFIDENTIAL-12-Main applicationsBenefits from TAKENATETMD-140N Aliphatic Isocyanate adduct polyisocyanate Manufacturing Advantages Higher Production efficiency (than IPDI or HDI trimer) Performance Advantages Excellent yellowing resistance Hardness, Heat resistance, Toughness (than HDI)

10 Coatings Automotive refinishINKS Thermal resistance INKapplicationIMD (In Mold Decoration C2H5 CCH2CH2CH2O CONH R NCOO CONH R NCOO CONH R NCORRRC2H5 CCH2CH2CH2O CONH R NCOO CONH R NCOO CONH R NCORRRC ompetitive Performance of IPDI-TMP AdductPossibility of the coating system OlesterTMQ/TakenateTMD-140N or D-120 NCoatings & Engineering Materials 11, 2018 CONFIDENTIAL-13-ItemsTAKENATETMIPDI(Pers top)H12 MDI(Evonik)500600 SpecificationsAppearanceClear LiquidClear LiquidClear LiquidColor, AHPAHAZEN100>20>30 30 NCO% > > > Chlorine%< < < propertiesMolecular FormulaC10H8N2O2C10H14N2O2C12H18N2O2C15H 22N2O2 Molecular (at 25 C) (at 25 C)15 (at 20 C)35 (at 23 C)Refluctive idex(nD25) and Physical PropertiesNCOCH3 NCOH3CH3 CNCONCONCONCOOCNNCOC oatings & Engineering Materials 11, 2018 CONFIDENTIAL-14-Appendix.)