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Our 2021 Company Report

2020 was a challenging year for so many people around the world. Lubrizol, as a global company and as a team of 8,800 dedicated employees, stepped up to help our fellow citizens and the planet. We also made significant progress on our ambitious and impactful mission to help the world Move Cleaner, Create Smarter and Live Better. Together, we furthered our potential by launching new initiatives, supporting our employees, and solving customer and market challenges through inspired science, in ways only Lubrizol can. The Lubrizol Corporation, a Berkshire Hathaway company, is committed to enabling a sustainable future. Our unmatched science unlocks immense possibilities at the molecular level, driving sustainable and measurable results to help the world Move Cleaner, Create Smarter and Live Better. Our solutions are used by people every day, improving billions of lives around the world. In fact, half of the world's consumers use at least one product containing a Lubrizol ingredient. Additionally, half of the world's vehicles rely on Lubrizol technology. We entered 2021 a stronger company with great potential to do even more. In our Additives business, we are focused on growth in industrial and transportation markets. In both industries, we are innovating to improve and extend product life, reduce emissions and decrease environmental impact. Our Advanced Materials segment will continue to address the high-impact needs of billions of consumers. We are prepared to meet growing demand for sanitizing applications. We expect continued growth in our health business, and we are committed to sustainable innovation in countless other industries. Finally, we will apply our strengths in new markets to address emerging challenges with our Lubrizol Corporate Ventures team. This includes enabling new energy solutions that could dramatically improve how we manage and store clean energy. All of this will be underpinned by our focus on sustainability and an inclusive, accountable culture where our talented people can be their absolute best. We are committed to an environment where different experiences, perspectives and ideas are not only welcomed, but celebrated, and we are holding ourselves accountable to continued progress. Our potential to create a cleaner, smarter, better world for us all has never been greater. We hope you will see why as you explore this year’s Lubrizol company report.