Salvatore Fazzolari, Past Chairman & CEO of Harsco

We are equally committed to creating wealth and value for shareholders, and one way we do so is through our unwavering commitment to Economic Value Added. This enterprise-wide metric provides a consistent and transparent way to translate strategy into investment decisions and compensate all key managers in the Company based on performance. EVA® discipline also drove our restructuring initiatives in the fourth quarter of 2008. As the economic climate deteriorated, we took necessary countermeasures that included rationalizing facilities, renegotiating contracts, amending benefit plans and trimming our global workforce. These initiatives should save more than $50 million per year.