AkzoNobel announced the nomination of a new Supervisory Board member. Mr. Michiel Jaski, following an extensive search process. This follows the nomination of Mrs. Sue Clark and Mr. Patrick Thomas for appointment to the Supervisory Board as announced on August 16, 2017. A request from AkzoNobel shareholder Universities Superannuation Scheme Limited (USS) was received on July 24 to nominate Mr. Eric Meurice for appointment to the Supervisory Board. The Supervisory Board has accordingly placed this proposal on the agenda of the EGM of November 30, 2017. As announced previously, there is a vacancy for three additional AkzoNobel Supervisory Board members. The General Meeting can therefore vote for the appointment of Mr. Patrick Thomas or Mr. Eric Meurice. The Supervisory Board does not support the proposal from USS to appoint Mr. Eric Meurice, taking into consideration feedback received from an independent search firm during the process. Ms. Sari Baldauf, member of the Supervisory Board since 2012, has decided to step down as of December 1, 2017 due to time requirements for fulfilling other roles and responsibilities. The appointment of Ms. Sue Clark, Mr. Patrick Thomas and Mr. Michiel Jaski to the Supervisory Board of AkzoNobel is subject to shareholder approval at the Extraordinary General Meeting of November 30, 2017. As per AkzoNobel's articles of association, Mr. Patrick Thomas can be appointed by a simple majority of the votes cast. Mr. Eric Meurice, as a nominee of USS, requires at least a two-thirds majority of the votes cast, if such a majority represents more than half the issued share capital.