# EDGAR Filing Document

**Accession Number:** 0000029915
**File Stem:** 0000029915-25-000043
**Filing Date:** 2025-12
**Character Count:** 33371
**Document Hash:** 6bd53b10cbedc1ae2d39d66689e887a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000029915-25-000043.hdr.sgml**: 20251215

**ACCESSION NUMBER**: 0000029915-25-000043

**CONFORMED SUBMISSION TYPE**: 424B3

**PUBLIC DOCUMENT COUNT**: 13

**FILED AS OF DATE**: 20251215

**DATE AS OF CHANGE**: 20251215

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DOW CHEMICAL CO /DE/
- **CENTRAL INDEX KEY:** 0000029915
- **STANDARD INDUSTRIAL CLASSIFICATION:** PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 381285128
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424B3
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-288028-01
- **FILM NUMBER:** 251570866

**BUSINESS ADDRESS:**
- **STREET 1:** 2211 H.H. DOW WAY
- **CITY:** MIDLAND
- **STATE:** MI
- **ZIP:** 48674-2030
- **BUSINESS PHONE:** 989-636-1000

**MAIL ADDRESS:**
- **STREET 1:** 2211 H.H. DOW WAY
- **CITY:** MIDLAND
- **STATE:** MI
- **ZIP:** 48674-2030

**CALCULATION OF FILING FEE TABLE**

**424(b)(3)**

(Form Type)

**The Dow Chemical Company**

(Exact name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Security Type** | **Security Class Title** | **Calculation Fee or Forward Carry Rule** | **Amount Registered** | **Proposed Maximum Offering Price per Unit** | **Maximum Aggregate<br> Offering Price** | **Fee Rate** | **Amount of <br>Registration Fee** |
| Fees to be Paid | Debt | 4.700% InterNotes® Due December 15, 2030 | 457(r) | $5355000 | 100% | $5355000 | 0.0001381 | $739.53 |
| Fees to be Paid | Debt | 5.450% InterNotes® Due December 15, 2035 | 457(r) | $5209000 | 100% | $5209000 | 0.0001381 | $719.36 |
| Fees to be Paid | Debt | 6.350% InterNotes® Due December 15, 2055 | 457(r) | $6051000 | 100% | $6051000 | 0.0001381 | $835.64 |
|  |  | &nbsp;&nbsp;Total Offering Amount | &nbsp;&nbsp;Total Offering Amount | &nbsp;&nbsp;Total Offering Amount |  | $16615000.00 |  |  |
|  |  | &nbsp;&nbsp;Net Fee Due | &nbsp;&nbsp;Net Fee Due | &nbsp;&nbsp;Net Fee Due |  |  |  | $2294.53 |

---

**Filed under 424(b)(3), Registration Statement No. 333-288028-01**

Pricing Supplement No.14 - Dated Monday, December 15, 2025 (To: Prospectus Dated June 13, 2025, and Prospectus Supplement Dated July 25, 2025)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CUSIP**<br> **Number** | **Principal**<br> **Amount** | **Selling Price** | &nbsp;&nbsp;**Gross Concession** | **Net**<br> **Proceeds** | **Coupon**<br> **Rate** | **Coupon Frequency** | **Maturity**<br> **Date** | **1st Coupon**<br> **Date** | **1st Coupon Amount** | **Survivor's**<br> **Option** | **Product**<br> **Ranking** |
| **26054MKG5** | **$5355000.00** | 100% | 1.250% | **$5288062.50** | 4.700% | Semi-Annual | 12/15/2030 | 06/15/2026 | $23.11 | Yes | Senior Unsecured Notes |

---

**Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**

**Joint Lead Managers and Lead Agents:** InspereX LLC **Agents:** Citigroup, Wells Fargo Advisors

This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.

Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession applicable to the Purchasing Agent.

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **26054MKH3** | **$5209000.00** | 100% | 1.800% | **$5115238.00** | 5.450% | Semi-Annual | 12/15/2035 | 06/15/2026 | $26.80 | Yes | Senior Unsecured Notes |
| **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. | **Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**<br>**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors<br>This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.<br>Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession <u>applicable to the Pu</u>rchasing Agent. |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **26054MKJ9** | **$6051000.00** | 100% | 3.150% | **$5860393.50** | 6.350% | Semi-Annual | 12/15/2055 | 06/15/2026 | $31.22 | Yes | Senior Unsecured Notes |

---

**Redemption Information: Callable at 100.00% on 06/15/2026 and any time thereafter.**

**Joint Lead Managers and Lead Agents:** InspereX LLC&nbsp;&nbsp;&nbsp;&nbsp;**Agents:** Citigroup, Wells Fargo Advisors

This tranche of The Dow Chemical Company InterNotes will be subject to redemption at the option of The Dow Chemical Company, in whole or in part, on the interest payment date occurring on 06/15/2026 and any time thereafter at a redemption price equal to 100% of the principal amount of such The Dow Chemical Company InterNotes plus accrued interest thereon, if any, upon not less than 15 nor more than 60 days prior notice to the noteholder and the trustee, as described in the prospectus.

Notes will be sold at the selling price specified in this pricing supplement. The Purchasing Agent shall purchase notes from The Dow Chemical Company at the selling price less the applicable gross concession specified in this pricing supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession applicable to the Purchasing Agent.

------

---

| | | |
|:---|:---|:---|
| ![dowlogo.jpg](dowlogo.jpg) | Trade Date: Monday, December 15, 2025 @ 12:00 PM ET | **The Dow Chemical Company InterNotes** |
| ![dowlogo.jpg](dowlogo.jpg) | Settle Date: Thursday, December 18, 2025\* |  |
| ![dowlogo.jpg](dowlogo.jpg) | Minimum Denomination/Increments: $1,000.00/$1,000.00 |  |
| ![dowlogo.jpg](dowlogo.jpg) | Initial trades settle flat and clear SDFS: DTC Book Entry only |  |
| The Dow Chemical Company<br>2211 H.H. Dow Way<br>Midland, Michigan 48674 | DTC Number 0235 via RBC Dain Rauscher Inc |  |
| The Dow Chemical Company<br>2211 H.H. Dow Way<br>Midland, Michigan 48674 | If the maturity date or an interest payment date for any note is not a business day (as such term is defined in prospectus), principal and premium, if any, and interest for that note is paid on the next business day, and no further such interest will accrue from, and including, the maturity date or such interest payment date. |  |
|  | \*It is expected that delivery of the notes will be made against payment therefor on or about December 18, 2025, which is the third business day following the trade date (such settlement cycle being referred to as "T+3"). Under Rule 15c6-1 under the Exchange Act, trades in the secondary market generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes on any date prior to the business day before delivery will be required, by virtue of the fact that the notes initially will settle in T+3, to specify an alternative settlement cycle at the time of any such trade to prevent failed settlement. Purchasers of the notes who wish to trade the notes prior to the business day before delivery should consult their own advisors. |  |
|  | Capitalized terms used in this pricing supplement that are defined in the InterNotes prospectus supplement (the "Prospectus Supplement") shall have the meanings assigned to them in the Prospectus Supplement unless otherwise defined herein. |  |
|  | Legal Matters:<br>In the opinion of Shandell S. Massey, Senior Managing Counsel and Director, Office of the Corporate Secretary, of The Dow Chemical Company (the "Company"), the notes offered by this pricing supplement have been duly authorized, and when executed and issued by the Company, authenticated by the Trustee pursuant to the Indenture, and delivered against payment as contemplated herein, such notes will be legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their terms and entitled to the benefits of the Indenture (subject to applicable bankruptcy, reorganization, insolvency, moratorium or other laws affecting creditors' rights generally from time to time in effect and to general principles of equity). This opinion is given as of the date hereof and is limited to the law of the State of New York and the General Corporation Law of the State of Delaware as in effect on the date hereof. In addition, this opinion is subject to the same assumptions and qualifications stated in the letter of such counsel dated July 25, 2025, filed in the Company's Current Report on Form 8- K dated July 25, 2025 and incorporated by reference as Exhibit 5.2 to the Company's registration statement on Form S-3 ASR (File No. 333-288028-01). |  |
|  | **InterNotes® is a registered trademark of InspereX Holdings LLC. All Rights Reserved.** |  |

---

## Ex-Filing

?xml version='1.0' encoding='ASCII'? exfilingfees

**Calculation of Filing Fee Tables** 

**S-3** 

**DOW CHEMICAL CO /DE/** 

**Table 1: Newly Registered and Carry Forward Securities** 

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | **Security Type** | **Security Class Title** | **Fee Calculation or Carry Forward Rule** | **Amount Registered** | **Proposed Maximum Offering Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** | **Carry Forward Form Type** | **Carry Forward File Number** | **Carry Forward Initial Effective Date** | **Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward** |
| **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  | **Newly Registered Securities**  |
| Fees to be Paid | 1 | Debt | 4.700% The Dow Chemical Co Notes Due December 15, 2030 | 457(r) |  |  | $5355000.00 | 0.0001381 | $739.53 |  |  |  |  |
| Fees to be Paid | 2 | Debt | 5.450% The Dow Chemical Co Notes Due December 15, 2035 | 457(r) |  |  | $5209000.00 | 0.0001381 | $719.36 |  |  |  |  |
| Fees to be Paid | 3 | Debt | 6.350% The Dow Chemical Co Notes Due December 15, 2055 | 457(r) |  |  | $6051000.00 | 0.0001381 | $835.64 |  |  |  |  |
| Fees Previously Paid |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Carry Forward Securities  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Carry Forward Securities |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: |  | $16615000.00 |  | $2294.53 |  |  |  |  |
| Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: |  |  |  | $0.00 |  |  |  |  |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  |  | $0.00 |  |  |  |  |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  |  | $2294.53 |  |  |  |  |

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(1) Calculated in accordance with Rule 457(r) of the Securities Act of 1933, as amended.

(2) Calculated in accordance with Rule 457(r) of the Securities Act of 1933, as amended.

(3) Calculated in accordance with Rule 457(r) of the Securities Act of 1933, as amended.