ASHLAND HEALTH

bor design under Section 401(k)(12) of the IRC. The Plan also allows participants to make after-tax Roth 401(k) contributions. Ashland and its participating subsidiaries also make matching contributions related to participant contributions, subject to applicable limitations in the Plan and IRC. All employees are eligible for Ashland’s matching contribution immediately upon participation. Participants may contribute from 1 % to 65 % of eligible compensation in whole number percentage increments. Excluding catch-up contributions, participants were limited to contributions of $ 23,500 in 2025. Newly hired eligible employees are automatically enrolled in the Plan for a contribution of 4 % . Employees have the opportunity to elect a different amount before the automatic contributions are withhe

nsation in whole number percentage increments. Excluding catch-up contributions, participants were limited to contributions of $ 23,500 in 2025. Newly hired eligible employees are automatically enrolled in the Plan for a contribution of 4 % . Employees have the opportunity to elect a different amount before the automatic contributions are withheld. The contributions are invested in the Plan’s - 7 - ASHLAND EMPLOYEE SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS (continued) default investment option if the employee does not make a different investment election. The default investment option is the Vanguard Target Retirement Trust Fund that most closely matches the employee’s assumed retirement date, based on the employee’s age at the time of enrollment. These investments gradually become more c

rest in Ashland Inc Savings Plan Master Trust investment income 184,523 Total additions 212,993 Deductions from net assets attributed to: Benefits paid to participants ( 182,272 ) Administrative expenses ( 445 ) Total deductions ( 182,717 ) Net change in plan assets 30,276 Net assets available for benefits, beginning of year 1,306,613 Net assets available for benefits, end of year $ 1,336,889 See accompanying notes to financial statements. - 6 - ASHLAND EMPLOYEE SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS December 31, 2025 and 2024 (In thousands, except participant and per share data) NOTE A – DESCRIPTION OF THE PLAN The following description of the Ashland Employee Savings Plan (Plan) provides only general information. The information in this Note is not a Summary Plan Description or Plan

mployer of the Company and are automatically enrolled in the Plan as soon as administratively feasible after their hire date. Participants become eligible for employer safe harbor matching contributions once they are credited with one year of service. Employees whose employment is governed by the terms of a collective bargaining agreement (unless such collective bargaining agreement provides for the inclusion of those employees in the Plan), persons who the Company classifies as leased employees, and certain other classifications of employees are not eligible to participate in the Plan. Contributions Contributions to the Plan include (i) salary deferral contributions authorized by participants, (ii) matching contributions made by the Company, (iii) discretionary contributions made by the C

ve the right to individually select the percentage of their accounts to be invested among different classifications of investments made available to them. Vesting Participants are immediately vested in their salary deferral contributions, rollover contributions, and earnings thereon. Employer safe harbor contributions and discretionary contributions, if any, and earnings thereon vest in accordance with the provisions of the Plan as follows: Years of Service Vesting Less than 2 years 0 % 2 or more 100 % Notwithstanding the vesting schedule above, employer contributions, if any, will become fully vested (100%) upon the occurrence of any of the following events while the participant is employed by the Company: the participant’s death, disability, attainment of normal retirement age (age 65),

payroll period. Eligibility In general, eligible employees may make salary deferral contributions to the Plan upon employment with a participating employer of the Company and are automatically enrolled in the Plan as soon as administratively feasible after their hire date. Participants become eligible for employer safe harbor matching contributions once they are credited with one year of service. Employees whose employment is governed by the terms of a collective bargaining agreement (unless such collective bargaining agreement provides for the inclusion of those employees in the Plan), persons who the Company classifies as leased employees, and certain other classifications of employees are not eligible to participate in the Plan. Contributions Contributions to the Plan include (i) salar

estment income 4,118,527 Interest income on notes receivable from participants 45,739 Dividends 7,151 Total additions 6,448,426 DEDUCTIONS: Benefits paid to participants 2,746,772 Administrative expenses 4,260 Net depreciation in fair value of investments 1,362 Total deductions 2,752,394 INCREASE IN NET ASSETS BEFORE PLAN TRANSFERS 3,696,032 NET TRANSFERS INTO THE PLAN (Note 10) 7,475 INCREASE IN NET ASSETS AVAILABLE FOR BENEFITS 3,703,507 NET ASSETS AVAILABLE FOR BENEFITS: Beginning of year 26,620,354 End of year $ 30,323,861 See Notes to the Financial Statements. 3 Table of Contents UNITEDHEALTH GROUP 401(k) SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS AS OF DECEMBER 31, 2025 AND 2024 AND FOR THE YEAR ENDED DECEMBER 31, 2025 1. DESCRIPTION OF PLAN The following description of the UnitedHea