This final dividend will be made payable from May 14, 2001. The Akzo Nobel shares will be traded ex final dividend on Euronext Amsterdam on the first trade date after April 27, 2001.
Changes in the Supervisory Board
At today’s meeting shareholders approved the proposal to reduce membership of the Supervisory Board from ten to nine.
Frits H. Fentener van Vlissingen and Abraham E. Cohen, who stepped down from the Supervisory Board in accordance with the rotation schedule, were both reappointed.
Jean G.A. Gandois, who has served on the Supervisory Board for twelve years, has stepped down, having reached retirement age. At the Meeting the Chairman of the Supervisory Board, Aarnout A. Loudon, expressed the Company’s deep appreciation to Mr. Gandois for the outstanding manner in which he has served Akzo Nobel over the years.
Akzo Nobel, based in the Netherlands, serves customers throughout the world with healthcare products, coatings and chemicals. Consolidated sales for 2000 totaled EUR 14 billion (USD 13 billion, GBP 8.5 billion). The Company employs approximately 68,800 people in 75 countries. Financial results for the second quarter of 2001 will be announced on July 25, 2001.