About Sherwin-Williams Founded in 1866, The Sherwin-Williams Company is a global leader in paints, coatings and related products to professional, industrial, commercial and retail customers. The company manufactures products under well-known brands such as Sherwin-Williams®, Valspar®, HGTV HOME® Sherwin-Williams, Dutch Boy®, Krylon®, Minwax®, Thompson®® Water Seal®, Cabot® and many others. With its global headquarters in Cleveland, Ohio, Sherwin-Williams® branded products are sold exclusively through a chain of more than 4,100 company-operated stores and establishments, while the company`s other brands are sold through large mass distributors, home centers, independent varnish distributors, construction markets, automotive retailers and industrial distributors. The Sherwin-Williams Performance Coatings Group offers a wide range of sophisticated solutions for the construction, industrial, packaging and transportation markets in more than 120 countries around the world. Sherwin Williams shares are traded on the New York Stock Exchange (SHW symbol). For more information, see www.sherwin.com. About Valspar Valspar is a global leader in the coating industry that offers its customers innovative, high-quality products and value-added services. Our 11,000 employees worldwide provide customers in more than 100 countries with state-of-the-art coating solutions with first-class appearance, performance, protection and durability. Valspar offers a wide range of quality coatings products for the consumer market and sophisticated solutions for the construction, industrial, packaging and transportation market. Valspar was founded in 1806 and is headquartered in Minneapolis.

Valspar`s shares are traded on the New York Stock Exchange (symbol: VAL). For more information, visit www.valspar.com and follow @valspar on Twitter. Beware of Forward-Looking Information This communication contains forward-looking information about Valspar, Sherwin-Williams and the proposed transaction. Forward-looking statements are statements that are not historical facts. These statements may be made through the use of forward-looking terminologies such as “believe,” “wait,” “become,” “should,” “project,” “plan,” “plan,” “objective,” “potential,” “pro forma,” “seek,” “anticipate” or “anticipate” or identify negative or comparable terminology. and include discussions on the strategy, financial forecasts, guidelines and estimates (including their underlying assumptions), statements of plans, objectives, expectations or consequences of announced transactions, and statements on the future performance, business activities, products and services of Valspar and its subsidiaries.