Akzo Nobel India Limited announced that Pursuant to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023 read with Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/120 dated July 13, 2023, disclose the attached information under Pendency of any litigation(s) or dispute or the outcome thereof which may have an impact on the listed entity. Name of the opposing party, Court/Tribunal/Agency where litigation is filed and Brief details of dispute/litigation: Name of the opposing Party: West Bengal GST Department Court/Tribunal/Agency: Senior Joint Commissioner, State Tax, West Bengal GST Department.

Brief details of litigation/dispute: A Show Cause Notice (SCN) from the West Bengal GST Department was received on 8th December 2023, during the scrutiny of Company's GST returns for the financial year 2018-2019. The said notice was for disallowing the Input Tax Credit (ITC) under the CGST/SGST Act, 2017 mentioning an amount of INR 82,099,966/- including interest only. In response to submissions before the appropriate authority pertaining to the said SCN within the given time limit, the Senior Joint Commissioner (State), LTU Unit, West Bengal GST Department, issued an order (dated 18th April 2024), dropping the demand of INR 81,407,085/- and ordering for the final aggregate amount of INR 692,881/- (comprising Tax ­ INR 332,936/-, Interest ­INR 326,652/- and Penalty ­INR 33,293/-).

Expected financial implications: INR 692,881/- (comprising Tax, Interest and Penalty) as mentioned in the said Order. Quantum of claims: INR 692,881/- (comprising Tax, Interest and Penalty) as mentioned in the said Order. Management view on outcome of litigation/dispute: This order is open for further submissions before the relevant authorities, and the Company is in the process of responding within the stipulated time as mentioned in the order.