CLK RESTAURANT GROUP ASHLAND COR

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

egate dividends declared on common shares during the period from the date of grant of the award compounded until the date the shares underlying the award are delivered. RBI grants fully vested RSUs, with dividend equivalent rights that accrue in cash, to non-employee members of its board of directors in lieu of a cash retainer and committee fees. All such RSUs will settle and common shares of RBI will be issued following termination of service by the board member. Grants of time-vested RSUs generally vest 25 % per year on December 15 th or 31 st over four years from the grant date and performance-based RSUs generally cliff vest three years from the grant date (the starting date for the applicable vesting period is referred to as the “Anniversary Date”). During 2022, RBI granted performance

corporate funding of marketing programs. Tim Hortons advertising expenses also include costs related to the sale of CPG products, which are funded by us; and • segment general and administrative expenses (“Segment G&A”), comprised primarily of salary and employee-related costs for non-restaurant employees, professional fees, information technology systems, general overhead for our corporate offices, share-based compensation and non-cash incentive compensation expense, and depreciation and amortization. 28 Table of Contents Key Operating Metrics Key performance indicators (“KPIs”) are shown for RBI's five franchisor segments. The KPIs for the Carrols Burger King restaurants are included in the BK segment, and the KPIs for the PLK China, BK China, and FHS Brazil restaurants are included in t