media release

AkzoNobel shareholders approve dividend

At today’s Annual General Meeting (AGM), shareholders of Akzo Nobel N.V. (AkzoNobel) adopted the company’s 2012 financial statements and agreed that the 2012 financial year dividend would be €1.45 (2011: €1.45) per common share. An interim dividend of €0.33 was paid in November 2012, which means the final payment will be €1.12 per share.

The final dividend will be paid on May 29, 2013. Under the conditions to be published by the company and at the shareholder’s election, this dividend will be paid either in cash or in stock. The AkzoNobel shares will be traded ex-dividend on Euronext Amsterdam as of April 30, 2013. The record date is May 3, 2013.

Board of Management changes
Tex Gunning and Leif Darner stepped down from the Board of Management effective April 26, 2013. The AGM thanked Mr. Gunning and Mr. Darner for their respective contributions to AkzoNobel.

Amendments to the Board of Management remuneration policy
Shareholders also adopted all other proposed resolutions, including amendments to the Board of Management’s remuneration scheme. The amendments to both short and long term incentives are intended to more closely align executive remuneration with AkzoNobel’s strategy, as announced on February 20, 2013.

Details of the amendments are available here.

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