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AkzoNobel EGM appoints Maelys Castella as member of the Board of Management

AMSTERDAM, Netherlands, Oct. 8, 2014 (GLOBE NEWSWIRE) -- Shareholders of Akzo Nobel N.V. held an Extraordinary General Meeting in Amsterdam today and appointed new CFO Maëlys Castella as a member of the Board of Management.

Maëlys is already a member of the company's Executive Committee as Chief Financial Officer since September 15 and is based at AkzoNobel's head office in Amsterdam. She succeeded Keith Nichols who left the company in June this year.

"Maëlys is a high caliber professional with a wealth of experience in finance who brings key skills and capabilities to our company," said Antony Burgmans, Chairman of AkzoNobel's Supervisory Board.

A French national, Maëlys previously worked at Air Liquide for 14 years, most recently as Group Deputy CFO. Her previous posts there include Europe Chief Financial Officer and Group Corporate Finance and Treasury Director. She started her career at the international ELF Oil & Gas Group.

AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well-known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80 countries, our 50,000 people around the world are committed to delivering leading products and technologies to meet the growing demands of our fast-changing world.

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This press release contains statements which address key issues such as AkzoNobel's growth strategy, future financial results, market positions, product development, products in the pipeline and product approvals. Such statements should be carefully considered, and it should be understood that many factors could cause forecasted and actual results to differ from these statements. These factors include, but are not limited to, price fluctuations, currency fluctuations, developments in raw material and personnel costs, pensions, physical and environmental risks, legal issues, and legislative, fiscal, and other regulatory measures. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies. For a more comprehensive discussion of the risk factors affecting our business please see our latest annual report, a copy of which can be found on our website www.akzonobel.com

AkzoNobel Press Release http://hugin.info/130660/R/1861458/652731.pdf

AkzoNobel - CV Maelys Castella http://hugin.info/130660/R/1861458/652732.pdf

AkzoNobel - photo Maelys Castella (copyright AkzoNobel) http://hugin.info/130660/R/1861458/652733.jpg

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Source:Akzo Nobel NV