Statement from the European Works Council

"We, as the employee representatives, fully endorse the statement issued by Ton Büchner, CEO of AkzoNobel, saying we do not believe the unsolicited bids from PPG, which contain significant uncertainties and risks, are in the best interest of all AkzoNobel stakeholders including employees.

We also believe that we as a company are best placed to develop and follow the announced strategy of AkzoNobel."