Akzo Nobel India Limited has informed the Exchange about Investor Presentation

Akzo Nobel India Limited

27 May 2022

Department of Corporate Services BSE Limited 1st floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort Mumbai - 400 001 Scrip Code: 500710

Dear Sir/Madam,

Sub: Investor Presentation

AkzoNobelb/

The Listing Department National Stock Exchange of India Ltd. Exchange Plaza, 5th floor, Bandra-Kurla Complex Sandra (E) Mumbai - 400051 Symbol: AKZOINDIA

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of the presentation made to the investors on the audited standalone and consolidated financial results of the Company for the quarter and financial year ended 31st March, 202, today.

This is for your information and record.

Yours Faithfully, For Akzo Nobel India Limited

'

HaIB� Company Secretary Membership#A 13642

Encl: as above.

T +91 124 485 2400 Magnum Towers, 9th Floor Golf Course Extension Road, Sector-58 www.akzonobel.co.in Gurugram - 122 011 Haryana, India

Reg,1lorod Office GoelenJolJ Apartment, 111 Floor, 8-8, M,ddloton Slteel, Kolkllta • 700 071 CIN L2•292W81954PLC021516

Akzo Nobel India Ltd. Investors Call – Q4 2021-22

Agenda

Business Environment

Business Update

Financial Performance

Conclusion

2

Business Environment

India growth picking up, but inflationary pressures, FX volatilities and Crude Oil price surge continue

Economic activity emerging from inertia

Improving Business Confidence

Inflation at 8-year high

Crude prices at 7-year high

Volatilities in FX

Interest rate hikes after 11 RBI meets

4

Business Update

Akzo Nobel India at a glance

~1,460 employees

5 manufacturing sites; Capacity augmentation & expansion plans in place

5 offices

Scale up of distribution with increased numeric reach and tinting machines penetration (16,000+ retailers, ~15,000 tinting machines)

~4,000 B2B customers World-class Color Centre for ASC* in Bangalore

Low-cost Innovation Centre driving differentiated products in Thane

Mohali Paints & Coatings

NOIDA Colour Centre & Coatings Office

East - Kolkata

Hyderabad Paints

Bangalore – Coatings R&D, Office

Gurgaon Paints Office

Gwalior Paints

North - Delhi

Mumbai Paints & Coatings R&D

West - Mumbai

South - Chennai

Regional offices

Manufacturing sites

R&D

* ASC – Automotive & Specialty Coatings

6

People. Planet. Paint Our new Purpose

Paint Innovations, disruptive technology driving many industry-firsts

8

Decorative Paints A quarter of Premiumization and Launches

Velvet Touch with Tru Color

Portfolio expansion with FloorPlus

Redefining crack-proofing with PU* technology

• • •

4.7% Price increase during the quarter Impact of Omicron in Jan-Feb; strong turnaround in March Growth led by Premium category, Projects business and new launches

* Polyurethane

9

Decorative Paints Bringing world-class products and propositions to Indian markets

Expanding boundaries with Dulux simply refresh, the first DIY multi-surface range

Anti-microbial bio-based eco paint

10

Paint The Future India Challenge….

DIGITAL CONSUMER EXPERIENCE

How can your digital solution boost the magic of paint and transform the way consumers experience Dulux paint in India?

Transforming Consumer experience…

Surface Health

Trusted Application

True Visualization

Quicker Application

Personalization & Inspiration

Trusted Advisor

Direct to Home / Delivery

Safety & Security

Wall Care & Maintenance

11

Coatings Innovative launches for customer-centric B2B solutions

Protecting assets and aesthetics

Sustainable solutions through Powder

New generation of coatings for food & beverages

• • •

Demand buoyancy in infrastructure, power, mining and packaging sectors driving growth Double-digit growth across most businesses Pricing actions slow to translate due to long-term nature of projects

12

Coatings Partnering with Industry bests

Exclusively approved Coatings for Super Premium luxury segment

13

Planet Pioneering increasingly sustainable solutions and processes

Confidential & restricted

14

Planet Tangible ambitions towards addressing Sustainability challenges

Sustainability is integrated in everything we do. By 2030, we aim to • • • move towards zero waste

utilize 100% of our energy requirements from renewable sources reduce our carbon emissions by 50%

Planet Focusing on reducing our energy use, emissions and waste

Harvesting solar energy

Green belt in sites

Solvent recovery to reduce waste

People Purpose-led initiatives fostering respect, diversity, inclusion & community development

17

People AkzoNobel Cares - for Communities

Promoting Education & Skill Development

Driving Diversity & Inclusion

Health & Telemedicine

CII-ITC Sustainability Award and Communitas Award for domain excellence in CSR

18

People AkzoNobel Cares - for Employees Driving Diversity & Inclusion with #BreakTheBias

Driving employee engagement

Health & Safety initiatives

The COVENGER Initiatives

OHI (Organization Health Index) in top decile

19

Financial Performance

FY 2021-22 Performance Strong progress on Grow & Deliver ambition with highest-ever Revenue and Profit from Operations

Highest-ever Revenue from Operations.

Growth driven by new launches, market share gains and infrastructure-led economic growth.

RM inflation stressing GM%.

Paints margins held; Coatings slower to benefit due to long- term nature of projects.

Highest ever EBIT from operations.

Double-digit profitability for 3rd consecutive year.

PAT 40% up; highest growth in industry.

32% growth excluding impact of ₹162 mn on account of reversal of tax provision pertaining to earlier years.

Values in ₹ mn

21

Q4 2021-22 Performance Solid finish to the year despite Omicron and higher input costs

Growth across Paints & Coatings. Market share gains in select categories and geographies. Growth led by Tier-1/ urban markets. 5th quarter of double-digit growth.

Values in ₹ mn

GM% under stress as Raw Material inflation ahead of Price increase. However, inflation covered in absolute terms.

5% growth in EBIT. Double-digit profitability for 13 quarters (excluding Covid quarter).

PAT ~flat. Includes impact of ₹20 mn provision reversal in relation to erstwhile divested business.

22

Limiting margin dilution with calibrated price increases

•

•

•

Leading the industry in pricing actions; ~21% increase taken till March-exit

Raw material inflation likely to persist due to ongoing geopolitical tensions

ANI continuing to review impact closely; to evaluate further price increases, if required

23

OWC and Cash Flow Higher working capital requirement managed; ₹75/share Dividend to commemorate 75th anniversary of Independence

Interim dividend paid to balance reduced payout of 2019-20

To commemorate 75th year of Independence

24

Conclusion

Concluding Remarks

•

Initial investor engagements in 2018-19 had highlighted concerns about ANI performance; We had promised a performance of Growth and double-digit Profitability

• Through the years, we invested in Brand, Distribution and Technology to bring a plethora of groundbreaking innovations and disruptive solutions

•

In the journey of 3,000 Cr topline and double-digit profitability, we became the second-fastest growing company in 2021- 22 and the only player to improve margins*

* Only top 4 players considered

26

Thank you