AkzoNobel has a modular share buyback approach as part of its capital allocation priorities. The documents below relate to the repurchase program announced on October 21, 2020. AkzoNobel intends to repurchase common shares up to a value of €300 million. The share buyback is due to be completed in the first half of 2021. The company has engaged a third party to manage the program and perform transactions on its behalf. It is intended that the shares will be cancelled following repurchase.