Business principles AkzoNobel’s business principles are based on our values. Wherever we operate, we aim for the highest standards of performance and behavior in everything we do. Responsibilities We’re committed to creating long-term value for our customers, shareholders, employees and society. We need to make sustainable profits if our business is to thrive. Our focus is the success of our customers. We need to provide them with high quality products and services at a good price. These products should meet high health, safety and environmental standards. Shareholders should expect and receive competitive returns on their investments. Our employees deserve to work in an attractive workplace, in safe and healthy conditions. We aim to hire the best people for the job and to encourage them to develop personally and professionally. We don’t tolerate harassment or the exploitation of children. We’re committed to social responsibility and sustainable development. So we observe the laws of the countries in which we operate, support fundamental human rights and have demanding health, safety and environmental standards. Free creativity We support free creativity and fair competition. We aim to meet our customers’ needs faster, better and more distinctively than our competitors. So we compete hard but fairly, within the framework of competition laws. Business integrity We insist on integrity and fairness in business dealings: No bribery or unethical practices No conflicts of interest Recording all business transactions and submitting them for audit Community activities We encourage our employees to get involved in community activities, as long it doesn’t lead to a conflict of interest. AkzoNobel companies do not make payments to political parties, their institutions, agencies or representatives. Communication Unless absolute confidentiality is required, we’re committed to communicating in an open, factual and timely way.