Akzo Nobel India Limited has informed the Exchange about Investor Presentation

Akzo Nobel India Limited

AkzoNobelj,/

9 August 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

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 at the investor call held on 9 August 2022 on the audited standalone and consolidated financial results of the Company for the quarter ended 30 June, 2022.

This is for your information and record.

Yours Faithfully, For Akzo Nobel India Limited

� Harshi Rastogi 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,atored Office GoetanJ■lr Apartmcnl, 111 Floor, 8-8. M,ddlolon Strool. Koli<JIIII 700 071 CIN L24292WB1954PLC021516

Akzo Nobel India Ltd. – Investors Call 9th Aug 2022

About Us

About AkzoNobel

• €9,587 mn revenue in 2021, 3rd largest in global Paints & Coatings industry

• 11.4% Return on Sales in 2021

• 150+ countries;

• 32,800 employees

• Recipient of the Terra Carta seal, Paints & Coatings

the company to receive the honour

only

• Expanding

leadership

position - through strategic acquisitions Grupo Orbis (South & Central America), Lankwitzer Lackfabrik’s Aluminum wheel liquid coatings business (Germany), Kansai Paint’s Africa business

Gregoire Poux-Guillaume Executive Officer of AkzoNobel, Vanlancker, w.e.f. November 1.

to be

appointed Chief succeeding Thierry

3

About Akzo Nobel India

~1,460 employees; 5 offices

5 manufacturing sites; Capacity augmentation & expansion plans in place

Scaling up distribution through online and offline channels

50% increase in network over recent years to cover ~5,000 towns

~20,000 Paint retailers; ~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

North - Delhi

Gwalior Paints

Mumbai Paints & Coatings R&D

West - Mumbai

South - Chennai

Regional offices

Manufacturing sites

R&D

* ASC – Automotive & Specialty Coatings

4

ANI’s pivotal role in Grow & Deliver ambition

Here’s how we are driving Grow & Deliver

Enhance customer experience

Brand Building

Focusing on the core with consumer preferred differentiation, Customer- focused solutions

Distribution

Expanding breadth and depth through Distribution 2.0, e-Commerce

Digitization

Digital first approach for consumers, Painter app, Global CRM tool, IoT in sites

Value Creation Initiatives to improve and sustain double digit profitability

People

Imbibing a people-centric culture by becoming more diverse, inclusive and empowering

Innovation

Working with startups to bring best of technology - Power of Science to Magic of Paints

6

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

“Feels like home” campaign for Velvet Touch with Tru Color

Redefining crack-proofing with PU* technology

Digital campaign for Dulux Aquatech

Portfolio expansion with FloorPlus

* Polyurethane

7

Decorative Paints Driving Digital

Simply refresh DIY range: Digital Campaign live, Markets expansion planned

Collaborative Challenge

Innovation: Paint

the

Future

~200 submissions received

Top 30 to be selected

4-5 winners to be declared by a jury

8

Coatings: Broad-based growth

• Strong orders from Coastal & Navy, docking, Infrastructure segments in Marine & Protective Coatings • Traction in Packaging sustained • Base effect of Covid 2.0 on growth most visible in Automotive & Specialty Coatings given B2C nature of business; Sustained momentum

across Premium and Mass segments

• Powder growth led by Automotive, Industrial and General Trading segments

9

Q1 2022-23 Performance

(₹ mn)

Income Revenue from operations Other income Total income

Expenses Cost of Goods sold Employee benefits expense Finance costs Depreciation & Amortisation expense Other expenses Total expenses

Profit before tax Tax expense Net Profit for the period

Quarter ended 30-Jun-22 30-Jun-21

9,377 41 9,418

5,722 757 24 193 1,688 8,383

1,035 266 769

6,264 97 6,361

3,608 599 27 180 1,151 5,565

796 37 * 759

+50%

28% OPEX/ Revenue (LY: 31%)

+30%

+1%

+30% excluding LY one-off

* includes one-time tax provision reversal of ₹169 mn

10

Q1 2022-23 Performance - Grow Record quarterly revenue

50%

38%

Broad-based growth across Paints & Coatings, albeit on a covid disrupted base. Growth driven by launches and strong B2B business.

Highest absolute GM achieved with 38% growth. Pricing actions covering RM inflation in absolute terms.

Values in ₹ mn

11

Q1 2022-23 Performance - Deliver Double-digit profitability despite inflationary headwinds

40%

1%*

Increase in growth-related opex managed. 40% growth in EBIT.

8th consecutive quarter of double-digit profitability.

PAT 30%* up excluding LY tax reversal of ~₹169 mn.

Values in ₹ mn

12

Limiting margin dilution with calibrated price increases

•

•

•

Leading the industry in pricing actions; ~21% increase taken vs. ~24% inflation YoY

Raw material pressures continue

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

13

ESG integrated in our Value Chain

Environment

Social

Governance

• Member of Together for Sustainability (TfS) • ~50% of raw materials procured sustainably • ~31% energy consumed through renewable

resources

• Zero liquid discharge across all sites • All sites covered by Lloyd’s Assessment

• Organisational Health Index in the top decile • Diversity ratio: 11% for employees, 17% for

Board of Directors, 33% for KMPs

• Skill training to ~2,000 youth every year • 1.5 mn beneficiaries of Aarogya Sakha, a

• Overarching policies • Good corporate governance • 100% Board Attendance • • 50% Independent Board

Independent Audit Committee

telemedicine initiative

• No fatalities and High consequence work-

related injury/ill-health in the last two years

14

Concluding Remarks

•

•

•

To stay on course of Grow & Deliver ambition whilst managing macroeconomic uncertainties

Continuing focus on Brand, Innovation, Distribution, Digitization and Sustainability

Regular Investor engagements

Thank you!

Safe Harbour Statement

This report contains statements which address such key issues as AkzoNobel’s growth strategy, future financial results, market positions, product development, products in the pipeline and product approvals. Such statements should be carefully considered, and it should be understood that many factors could cause forecast and actual results to differ from these statements. These factors include, but are not limited to, price fluctuations, currency fluctuations, developments in raw material and personnel costs, pensions, physical and environmental risks, legal issues, and legislative, fiscal, and other regulatory measures, as well as significant market disruptions such as the impact of pandemics. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies. For a more comprehensive discussion of the risk factors affecting our business, please see our latest annual report.