Netherlands Akzonobel Share Tender

AkzoNobel has repurchased 252447 of its own common shares in the period from July 19 2021 up to and including July 23 2021 at an average price of 102.63 per share. The consideration of the repurchase was 25.91 million. This is part of a repurchase program announced on February 17 2021. AkzoNobel intends to repurchase common shares up to a value of 1 billion. The total number of shares repurchased under this program to date is 2929565 ordinary shares for a total consideration of 304.79 million.The share buyback is due to be completed in the first quarter of 2022. The company has engaged a third party to manage the program and perform transactions on its behalf. It is intended that the shares will be cancelled following repurchase.This share buyback will be implemented within the limitations of the authority granted by the Annual General Meeting AGM on April 22 2021. The share repurchase program will be conducted within the parameters prescribed by the Market Abuse Regulation 5962014 and the safe harbor parameters prescribed by the Commission Delegated Regulation 20161052 for share buybacks.