Statement on invasion of Ukraine

Like so many, we are deeply saddened and worried by the invasion of Ukraine.

Now, as always, the highest priority for us is the safety and well-being of our employees. We’re in contact with our people and offering as much support as possible to all those affected, in order to keep them and their families safe. In difficult times like this, it’s important that we work together, help each other and remain strong– regardless of nationality or background.

We’ll continue to provide all our employees with whatever we can to support them in these difficult times, as safety, integrity and sustainability are the core values of AkzoNobel. We’ve also launched a company-wide donation-matching campaign to help provide humanitarian aid for Ukraine, with €250,000 having been raised in the first month. The money has been handed over to our partner, the Disaster Emergency Committee. The initiative will carry on throughout April, when the company will continue to add three times the amount donated by employees. This comes on top of the €140,000 donated by our European Decorative Paints organization. In addition, our colleagues have launched various local initiatives, which have resulted in funds being donated to our partner, SOS Children’s Villages, and accommodation being provided for refugees. The company is also supporting volunteer efforts from employees, which range from sorting out paperwork and helping refugees find shelter, to donating paint for renovating temporary shelters.