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Media release

AkzoNobel to nominate two Supervisory Board members for reappointment and a new Supervisory Board member on behalf of Cevian Capital

March 10, 2026

(AKZA; AKZOY)

AkzoNobel has announced it will nominate two of its Supervisory Board members for reappointment at the company’s Annual General Meeting in April, as well as proposing the appointment of Robert Schuchna as a new Supervisory Board member on behalf of Cevian Capital.

Current Supervisory Board member Ester Baiget will be nominated for a term ending at the 2027 AGM, whereas Hans Van Bylen and Robert Schuchna will be nominated for terms ending at the 2030 AGM. If the proposed Axalta merger is completed earlier, their terms will end at that time.

“We welcome the support of Cevian Capital and see their commitment to investing in AkzoNobel as confirmation that there’s significant value to be realized in our company,” says Ben Noteboom, Chair of AkzoNobel’s Supervisory Board. “We wish Robert all the best as a new member of the Supervisory Board.”

AkzoNobel recently announced that Chief Financial Officer, Maarten de Vries, will also be nominated for reappointment as CFO and member of the Board of Management at the AGM on April 23. He will be nominated for a term which will end at the 2027 AGM, or upon the proposed merger with Axalta being completed before this date.

About AkzoNobel
Since 1792, we’ve been supplying the innovative paints and coatings that help to color people’s lives and protect what matters most. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We’re active in more than 150 countries and use our expertise to sustain and enhance everyday life. Because we believe every surface is an opportunity. It’s what you’d expect from a pioneering and long-established paints company that’s dedicated to providing more sustainable solutions and preserving the best of what we have today – while creating an even better tomorrow. Let’s paint the future together.

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