Credit rating and bonds

AkzoNobel is committed to maintaining a strong investment grade rating. Regular review meetings are held between rating agencies and AkzoNobel senior management. See the table below for the present rating and outlook.

Rating agency

Long-term rating

Outlook

1

Rating affirmed on November 9, 2016.

2

Rating affirmed on October 21, 2016.

Moody’s 1

Baa1

Stable

Standard & Poor’s 2

A-

Stable

Bonds

On April 6, 2016, a £250 million bond was repaid, while a €500 million bond was issued on April 8, 2016. These transactions have improved the overall debt profile of AkzoNobel, further reducing future refinancing risk and improving its maturity profile.

Debt maturity1 in € millions (nominal amounts)

AkzoNobel on the capital markets – Bonds – Debt maturity (bar chart)AkzoNobel on the capital markets – Bonds – Debt maturity (bar chart)

1 At year-end 2016.

For further information please visit www.akzonobel.com > For Investors