Consolidated statement of income

Restated to present Decorative Paints North America as a discontinued operation and for the revised IAS19.

Not meaningful as operating income and net income were losses.

Cash dividend paid to shareholders of AkzoNobel.

Adjusted operating income = operating income excluding identified items.

ROS and ROI have been restated and are based on adjusted operating income. ROS% is calculated as adjusted operating income (operating income excluding identified items) as a percentage of group revenue. ROI% is calculated as adjusted operating income (operating income excluding identified items) of the last 12 months as a percentage of average invested capital of the last 12 months. Invested capital is calculated as total assets (excluding cash and cash equivalents, short-term investments, investments in associates, the receivable from pension funds in an asset position and assets held for sale) less current tax liabilities, deferred tax liabilities and trade and other payables. OPI margin is calculated as operating income as a percentage of group revenue.

Represented to present the Specialty Chemicals business as discontinued operations.

Represented to the new adjusted earnings per share definition, which no longer excludes post-tax amortization charges.

2019 includes the impact of the adoption of IFRS 16 “Leases”.