Nippon Paint Group New Medium-Term Plan (FY2021-2023)

～Enriching our living world through the power of Science + Imagination～

March 5, 2021

Nippon Paint Holdings Co., Ltd.

Masaaki Tanaka, Chairman, President & CEO

Today's Agenda

1. Introduction

2. Strategy by Region and Business

3. Our Purpose

4. Sustainability Strategy

5. Capital Expenditure

6. M&A Strategy

7. Financial Plan

Introduction

1-1. Policies for Formulating the New Medium-Term Plan

1 Formulating the Medium-Term Plan through proactive

involvement of our partner companies

With a focus on maximization of our Group's comprehensive power to ensure the feasibility of plan, this

Medium-Term Plan was formulated through involvement of our partner companies in the formulation process to create a business plan of the Nippon Paint Group

2 Setting a shared "Purpose" of our Group

We set the "Purpose" that defines shared "Identify" of the Nippon Paint Group and respects the autonomy and accountability of our partner companies

3 Setting a Medium-Term milestone based on the long-term perspective

We always look five years into the future and update our management goals according to changes in actual business circumstances. This Medium-Term Plan is formulated to set a three-year milestone

4

1-2.N-20(FY2018-2020) Review(1)

  • Business expansion through acquisitions in Oceania, Turkey and Indonesia
  1. Completing the nearly 60-year partnership with Wuthelam, thereby building foundation for sustainable growth
  2. Introducing advanced governance structures ensuring the protection of interests of minority shareholders
  3. Synergy creation and top-level management partnerships across group entities through Spider Web Management
  4. Commencement of globally integrated operations of the automotive coatings business (NPAC)
  • We steadily strengthened our organizational framework for a future sustainable growth
  • We achieved record-high revenue and operating profit in FY2020 despite the COVID-19 pandemic
  • Investments for DX transformation and ESG engagement to ensure sustainable growth remain challenges to be addressed

5

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Nippon Paint Holdings Co. Ltd. published this content on 05 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2021 12:35:03 UTC.