The Lubrizol Corporation - Stable Value Fund

1 KEY STATISTICST otal Assets:$226,489,195 Crediting (years) Credit Quality(S&P/Moody's):AA-/Aa1 Overall Risk Level:Conservative12 Moderate34 Aggressive5A Few Words About Risk:As with all investments, theFund involves risksincluding inflation risk andcredit risk. Inflation risk isthe possibility that dollarsinvested in the fund willnot maintain the samepurchasing power in thefuture. Credit risk is thepossibility that a bondissuer or Stable valuecontract provider may beunable to make principal,interest, or other paymentson time, or at all. The abilityof the fund to make bookvalue payments is alsosubject to the availabilityand terms of the fund 'sstable Value portfolio risk managementprocess includes an effort tomonitor and manage risk, butdoes not imply low AdvisorGSAM Stable Value , LLC isa registered investmentadvisor specializing instable Value and fixedincome strategies forinstitutional clients.

2 As ofDecember 31, 2019, GSAMS table Value , LLC had$ billion in assetsunder supervision (AUS).GSAM Stable Value , LLC isheadquartered inBurlington, includes assets undermanagement and other clientassets for which GSAM does nothave full FUNDThe Stable Value fund (the " fund ") is a plan investment option that seeks to provide interest income consistent withprevailing market and interest rate conditions, principal stability, capital preservation, and liquidity for participant fund seeks to achieve these goals by investing in a combination of Stable Value contracts and fixed PERFORMANCES table Value fund (Net)iMoneyNet Money fund Average (Net)3 Month1 Year3 Year Annualized5 Year Annualized10 Year AnnualizedSince Inception (01/06) of Return (%)

3 Returns, as provided by the fund 's trustee and/or recordkeeper, include the reinvestment of all income and are presented net of investmentmanagement and certain other fees. Other fees and expenses may performance does not guarantee future results, which may iMoneyNet Money fund Average is the all-taxable money fund report average, a product of iMoneyNet, Inc., and is presented net of certain fees Value SECTOR ALLOCATIONA ssetS&P/Moody'sRatingPercentCash/Cash Gov't STIF - Fixed Core FundAA- fund 2019 fund 2020AA- fund 2021AA- fund 2022AA- fund 2023AA- Value Sector DefinitionsCash/Cash Equivalents: For Stable Value portfolios,Cash Equivalents generally include cash, the portfolio'sSTIF vehicle, and other highly liquid investments with amaturity of one year or less that are readily convertibleto a known amount of cash without penalty and carry alimited risk of change in Value because of interest ratemovements.

4 The fund may have additional exposureto Cash/Cash Equivalents through other Fixed Income: Investments that have fixedincome securities paired with Stable Value wrapcontracts. The fund may hold these investments eitherdirectly or indirectly through ownership in fixed incomecommingled investment : GSAM and ING. GSAM's and ING's products are not related, and ING has not endorsed either GSAM or its Value Contract Issuers: Transamerica Premier, Royal Bk of CA, PrudentialThe fund 's sector allocations and investments are subject to change. Portfolio holdings and/or allocations shown above are as of the date indicatedand may not be representative of future investments. Future investments may or may not be TERMSBook Value : For a Stable Value investment, book Value may be defined generally as the Value of deposits, plus accumulated interest, minuswithdrawals.

5 Unlike market Value , book Value is not subject to fluctuations as a result of daily market Rating: Portfolios are not rated by an independent ratings agency. The credit ratings presented are obtained from the investmentadvisers of such portfolios or funds or, in the case of GSAM-managed portfolios or funds, are calculated by GSAM based upon the creditquality ratings of the underlying securities from one or more of the three major rating agencies, Standard & Poor's, Moody's, and Fitch, inaccordance with rules outlined in the portfolio's investment guidelines. Securities that are not rated by any of the three major rating agenciesare reflected as such in the credit quality allocation and are excluded from the average portfolio credit quality calculation.

6 For illustrativepurposes, GSAM converts all ratings to the equivalent S&P rating when reporting the credit quality allocation. Ratings and portfolio creditquality may change over time. Unrated securities do not necessarily indicate low quality, and for such securities the investment adviser willevaluate the credit quality. Credit ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest).Crediting Rate: Dollar-weighted average crediting rate of all investments in the : Duration is a measure of the estimated price sensitivity of an investment to changes in interest Income Securities: Investments in debt obligations of an issuer that pay a fixed or floating rate of return for a specified period Account: The fund is a separate account specifically designed and managed for the Plan participants.

7 The investment contractsin the fund are negotiated to accommodate the deposit and withdrawal needs of Plan participants investing in the Lubrizol Corporation - Stable Value FundAs of 12/31/2019 FOR USE BY THE Lubrizol Corporation AND CLEARBROOK INVESTMENT CONSULTING ONLY - NOT FOR USE AND/OR DISTRIBUTION TO THEGENERAL 1 of3 FIXED INCOME SECTOR ALLOCATION*CREDIT QUALITY ALLOCATION** Grade < *Fixed Income Sector Allocation represents the weighted average exposure toeach asset category based upon the underlying holdings in each of thecomponents listed under Stable Value Sector Allocation on page 1.**Credit Quality Allocation is presented using the S&P ratings in underlying fixed income portfolios are assigned to a ratings categorybased upon rules outlined in the portfolio's investment guidelines using availableratings from S&P, Moody's, and/or INCOME SECTOR DEFINITIONST reasury: Sovereign debt issued by the : Securities issued or guaranteed by a Government Agency ( Fannie Mae, Freddie Mac, etc.)

8 MBS (Mortgage-Backed Securities): Securities backed by a pool of residential mortgage (Collateralized Mortgage Obligations): Securities backed by pools of mortgage payments, separated into different maturity classes called (Asset-Backed Securities): Securities collateralized by the cash flows from a specified pool of underlying assets, such as common receivables like credit card paymentsand auto (Commercial Mortgage-Backed Securities): Securities backed by pools of mortgage payments on commercial real estate Grade Corporates: Securities rated BBB- or better (or equivalent) and issued by corporate Credit: Securities that are considered forms of credit, but are not issued by corporate entities ( sovereign debt, regional government debt, debt ofsupranational organizations, etc.)

9 EMD (Emerging Market Debt): Securities issued by governments or corporations of developing market : Futures, options, swap contracts and other arrangements commonly considered "derivatives" utilized to add incremental Value and/or to hedge or reduce Equivalents: Includes cash and securities whose duration is typically less than one INFORMATIONS table Value contracts held in the fund are issued by banks, insurance companies and other financial institutions and the issuer's obligations under each contract are backedsolely by the issuer. Units in the fund and fund investments are not backed by the Investment Advisor or any of its affiliates, the plan sponsor, the plan trustee or the planrecordkeeper.

10 The fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund 's objectives includepreservation of principal, there can be no assurance that this objective will be met and it is possible to lose money by investing in the fund . The fund , among other risks, issubject to conditions that impact the financial markets, which could impact principal stability and the fund 's ability to achieve its Value contracts, including wrap contracts, are designed to permit participant withdrawals at book Value relating to activities such as investment option transfers,retirement withdrawals and in-service withdrawals in accordance with the terms of a retirement plan.