AkzoNobel says Russian subsidiaries placed under temporary external administration

• AkzoNobel’s Russian subsidiaries were placed under temporary external administration under a presidential decree signed by Russia’s president.
• Operational oversight shifts to a designated external entity, while ownership remains unchanged; the group is assessing implications.
• Russia contributes less than 2% of revenue, not material to overall financial performance.
• Activities were largely discontinued following 2022 EU sanctions; remaining operations are localized and ringfenced without financial support.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Akzo Nobel NV published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-26-010551), on July 13, 2026, and is solely responsible for the information contained therein.