Table of Contents As there have been no changes in the employee population or the employee compensation arrangements that would significantly impact the pay ratio disclosure, as permitted by Item 402(u) of Regulation S-K, we have used the same median employee identified last year. December 2018 year-to-date average foreign exchange rates were used to translate the local currency to U.S dollars for the median paid employee’s annual total compensation. The table below lists the components of total compensation for Mr. Rogerson: The following table presents information regarding the compensation earned or paid during 2018 to our directors who are not also NEOs and who served on the Board of Managers of Hexion Holdings during the year. Each of our directors who is not an associate or officer of the Company receives an annual retainer of $75,000 payable quarterly in advance. In addition, each such director receives $2,000 for each meeting of the Board that he attends in person and $1,000 for attending teleconference meetings or for participating in regularly scheduled in-person meetings via teleconference. During 2018, there were no stock or option awards granted to directors, and there are no outstanding, unvested stock awards held by these directors. The aggregate number of unexercised option awards held by our directors at December 31, 2018 is shown in the following table. (1) On February 8, 2019, Scott M. Kleinman resigned from the Board of Managers of Hexion Holdings and from the Executive and Compensation Committees. (2) On November 30, 2018, Jonathan Rich resigned from the Board of Managers of Hexion Holdings. (1) On February 8, 2019, Scott M. Kleinman resigned from the Board of Managers of Hexion Holdings and from the Executive and Compensation Committees. (2) On November 30, 2018, Jonathan Rich resigned from the Board of Managers of Hexion Holdings. 119 Narrative to the Director Compensation Table DIRECTOR COMPENSATION Methodology Compensation Component Annualized Amount Salary $ 1,000,000 Non-Equity Incentive Plan 916,000 All Other Compensation: Employer 401(k) match  (qualified plan) 13,750 Employer annual retirement contribution  (qualified plan) 8,250 Employer supplemental executive retirement plan contribution, including interest credits  (non-qualified plan) 86,401 Commuting and housing allowance, including tax gross-up 266,155 Total annualized compensation $ 2,290,556 Name Fees Earned or Paid in Cash ($) Total ($) Samuel Feinstein 88,000 88,000 William H. Joyce 87,000 87,000 Robert Kalsow-Ramos 90,000 90,000 Scott M. Kleinman (1) 85,000 85,000 Geoffrey A. Manna 88,000 88,000 Jonathan Rich (2) 65,250 65,250 Marvin O. Schlanger 84,000 84,000 Lee Stewart 25,000 25,000 Director Unexercised Option Awards (#) Vested (#) Samuel Feinstein — — William H. Joyce 127,103 127,103 Robert Kalsow-Ramos — — Scott M. Kleinman (1) 127,103 127,103 Geoffrey A. Manna — — Jonathan Rich (2) 1,013,795 1,013,795 Marvin O. Schlanger 127,103 127,103