
The following graphs compare the yearly percentage changes in the cumulative total shareholder value return of the company's common stock with the cumulative total return of the Standard & Poor's Composite 500 Stock Index ("S&P 500") and a defined Peer Group, for the five-year period beginning December 31, 2017 and ending December 31, 2022 and the ten-year period beginning December 31, 2012 and ending December 31, 2022. The graphs assume that the investment in the company's common stock and each index was $100 on the beginning date and that all dividends were reinvested. The Peer Group includes 3M Co., Akzo Nobel N.V., Axalta Coatings Systems Ltd., Dow, Inc., Dupont de Nemours, Inc., Eastman Chemical Co., Masco Corp., RPM International Inc., and The Sherwin-Williams Co.