PURPOSE

LORD exists to generate, pursue and commercialize useful human knowledge for the benefit of our customers, and in serving well our customers, benefit the rest of our stakeholders.

CREED

We believe in the worth and dignity of each individual and in the need to provide an environment which promotes individual and team development as demonstrated by continuous improvement, leading to external and internal customer satisfaction.

We encourage and expect the participation of every employee to generate and develop ideas to achieve corporate values and goals in the pursuit of excellence. We will do our best to see that organizations, systems and resources are provided to enable decisions on these ideas as close as possible to their point of impact.

We pledge that our business wil be conducted with integrity and high ethical standards incorporating a sense of community and civic responsibility.

MISSION

We will achieve our purpose by advancing, interrelating and applying our core technologies to develop, manufacture and market unique proprietary, high-quality products which bring high value to our customers in selected niche markets.

Our four core technologies are material science, electro-mechanical dynamic systems, chemical synthesis and polymerization and surface science.

Within our core business — mechanical and chemical products — we will carry out our purpose and build a worldwide leadership position that will assure strong growth and profitability. We will matrix our core technologies and core businesses in order to develop the potential synergies. We will also offer our customers the expectation of continuous improvement in performance, cost and cycle time.