Eastman Announces Board Action to Eliminate Supermajority Stockholder Voting Provisions

Eastman Chemical Company (NYSE:EMN) today announced the Board of Directors will recommend that stockholders approve amendments to the company’s Certificate of Incorporation to eliminate all supermajority stockholder voting provisions that are not required by Delaware law.

Eastman Announces Board Action to Eliminate Supermajority Stockholder Voting Provisions

KINGSPORT, Tenn., Oct. 7, 2011 – Eastman Chemical Company (NYSE:EMN) today announced the Board of Directors will recommend that stockholders approve amendments to the company’s Certificate of Incorporation to eliminate all supermajority stockholder voting provisions that are not required by Delaware law. The recommended amendments to the Certification of Incorporation, and related changes to the Bylaws, will be described in detail in the company’s 2012 annual meeting proxy statement and submitted to stockholders at the company’s 2012 annual meeting of stockholders.

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