Mr. Schlanger

Age 58, has been Chairman of the Board of Directors of Holdings’ and Covalence Specialty Materials Corp. since February of 2006. Since 1998, Mr. Schlanger has been a principal in the firm of Cherry Hill Chemical Investments, LLC, which provides management services and capital to the chemical and allied industries. Mr. Schlanger currently serves as Director and Vice Chairman of the board of directors of Hexion Specialty Chemicals, Inc. From 2000 until the Hexion formation in May 2005, Mr. Schlanger served as Chairman and Chief Executive Officer of Resolution Performance Products LLC. Mr. Schlanger also served as chairman of Resolution Specialty Materials, Inc., which was combined into Hexion as part of the Hexion formation, from 2004 and 2005. From 1988 to 1998, Mr. Schlanger held various positions with ARCO Chemical Company, serving most recently as President and Chief Executive Officer. Mr. Schlanger also currently serves on the Board of Directors of UGI Corporation and UGI Utilities.