Eastman Board Declares Dividend

KINGSPORT, Tenn., May 2, 2019 - The board of directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.62 per share on the company's common stock.

The dividend is payable July 5, 2019, to stockholders of record as of June 17, 2019.

Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end-markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2018 revenues of approximately $10 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.

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Contacts:

Media:  Tracy Kilgore Addington
423-224-0498 / [email protected]

Investors:  Greg Riddle
212-835-1620 / [email protected]

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