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      "text": "We believe shareholders welcome Starboard's involvement, are hopeful that we will bring greater accountability, and are both excited about the quality of Starboard's nominees and the potential for greater Board oversight.",
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      "text": "Both the Company's share price performance and Wall Street analyst reactions following Starboard's Schedule 13D filing in September 2021 suggest strong shareholder demand for accountability.",
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      "text": "\"...the presence of an activist investor suggests that shareholder friendly capital allocation focus could persist...\"",
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      "text": "\"...the presence of an activist investor suggests that shareholder friendly capital allocation focus could persist...Activist investor Starboard Value reported acquiring an 8.4% stake in Huntsman on September 28, 2021 and shortly thereafter publicly shared slides noting, among other things, \"We believe there is a meaningful opportunity for margin improvement.\" As such, we think operational efficiency potential or portfolio management announcements are likely to remain top of mind over the near-to-medium term.\" — Morgan Stanley, November 2021",
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      "text": "See Section 4 for additional detail. Source: CapitalIQ. (1) Returns are adjusted for dividends and measured from September 27, 2021 through February 25, 2022. (2) See Glossary in Supplemental Information section for definition.",
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