Akzo Nobel India Limited — Important, 06-01-2025: Disclosure of material issue

Akzo Nobel India Limited is exploring a potential sale of its Powder Coatings business and International Research Centre as part of possible Transactions initiated by its parent, Akzo Nobel NV. The Board of Directors has taken note of this request and authorized management to start preliminary evaluations of these potential moves. The exploration includes the acquisition of decorative paints intellectual property from Akzo Nobel NV. These discussions present an interesting opportunity for the company to realign its business focus, which may positively impact its strategic direction moving forward. Investors should watch closely as these developments unfold, given their potential implications for growth and operational efficiency.