■ Preserving trust Why we’re  confident we’ll succeed diversity should help us in achieving more stability and balance as we strive for growth. In deploying a strategy that involves both growth and  stability, we know a natural tension will develop. And that is where we will depend on the third part of our strategy: always living the Values of the company and insisting  on good governance. By remaining true to these princi- ples, we ensure that we will preserve the trust of our shareholders, our partners,  our customers, our employees and our communities. I firmly believe that we have been able to turn the company around and set it on this path toward growth because our entire organization is so  committed to our Values…  to Quality, Integrity, Performance, Leadership, Innovation, Independence and The Individual. We talk about these Values constantly, but we do more than talk — we Our people — from senior leaders through every level  of our highly diverse, global organization — recognize  this rich heritage and the Values that keep it alive.  We are committed to giving our people the environment they need to continue to push the boundaries of science and to shape the future for all of us. Our culture of innovation  is remarkable — in fact, it’s  legendary, borne of more than 150 years of creating products that have helped change the way we live. The tough mate- rials and manufacturing  problems we solve for our customers are so complex that most other companies won’t even try them — and at Corning, we  thrive upon them!  Sincerely, live them and hold one another accountable for them. They form the context within which we operate; they provide ongoing direction for us in each and every action we take. And I believe passionately that they will  continue to be the foundation of all our future successes. I thank you, our shareholders, for your ongoing confidence in the company. You’ve  been able to observe and experience the energy and dedication we have put into bringing Corning through this difficult time. And  now, with recovery at hand,  I can assure you that we are putting that same relentless focus on our bright future. The people of Corning are making it happen once again — reaffirming that Corning  is a growing, vibrant leader where anything is possible! James R. Houghton Chairman &Chief Executive Officer